Newey Limited

Newey Ltd from Chichester UK is a large, holding company with an active status, established 37 years ago. The company employs 122 people and holds assets worth £9,366,656, generating a yearly revenue of £27,261,775. It has six directors and one owner, and its registered address is real. Newey Ltd regularly imports live trees, plants, bulbs, roots, and flowers (128 months imported) and exports plastics and plastic products (5 months exported).

The company operates as an industry-leading horticultural business, offering an extensive range of wholesale perennial plugs and liners, annual basket and patio plants, trees, soft fruit, and specimen shrubs. Combining expertise in growing and supply chain management, Newey Ltd reacts to customer and market demands, providing a variety of product formats. The company’s website highlights its offerings, including Senecio Angel Wings, Bellis Bam Bam Mixed, Prunus Snow Showers, and Abelia Gold Jewel, catering to growers and retailers.

Financially, Newey Ltd demonstrates a mixed picture. While administrative expenses decreased by 11%, staff costs also fell by 11%, indicating potential cost-cutting measures. However, bank borrowings remained steady, and cash reserves fell by 200%, a significant drop. Trade debtors increased by 30%, suggesting a possible challenge in collecting payments. Despite these pressures, the company’s large size (meeting two of three conditions for turnover over £36 million, balance sheet over £18 million, and over 250 employees) provides a degree of resilience. The company’s auditor is Kreston Reeves LLP.

The company’s regular import and export activities, particularly the long history of importing horticultural products, suggest a well-established supply chain. The decline in cash reserves, however, warrants attention, and it's possible the company is navigating a period of increased competition or changing market conditions.

Registered in England/Wales under the registration number 02207753, with a registered address at PO20 1LL, Chichester, Newlands, Pagham Road, Lagness.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.