Newhay Feeds Limited

Newhay Feeds Ltd, based in Leeds, UK, is a small, family-run business with an active status, having been founded 16 years ago. Employing 17 people, the company holds £460,644 in assets and operates from a real address. With two directors and two owners, it's a tight-knit operation, offering premium quality hay for small animals through its e-commerce site and boasting a stellar 5.0 Google rating from 19 reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import activity recorded one month ago.

The Newhay website highlights its commitment to providing nutritious and delicious hay, grown and processed entirely on its 400-acre Yorkshire farm. It caters to rabbits, guinea pigs, and other small pets, offering various hay types and subscription services. The site also features a blog with helpful pet care guides, reinforcing its expertise in small animal nutrition.

Financially, Newhay Feeds Ltd shows a mixed picture. Current assets have decreased by 10% to £460,000, while net assets have fallen by 23% to £110,000. Bank borrowings have increased by 14%, reaching £150,000, and cash reserves have dropped by 44% to £1,200. Creditors have also decreased by 30%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it's likely exempt from a full audit.

While the company's e-commerce presence looks strong and well-regarded, the financial data reveals some pressures. Whether Newhay Feeds can sustain its growth and maintain its high ratings remains to be seen, but its commitment to quality and British farming provides a solid foundation.

Registered in England/Wales under the registration number 06726147, with a registered address at LS16 6QY, England, Leeds, C/O Richard Smedley Ltd, Richmond House Lawnswood Business Park, Redvers Close.

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