Newhey Carpets Limited

Newhey Carpets Ltd is a small, active company founded 54 years ago, back in 1970. Based in Rochdale, England, it employs 42 people and holds £3,446,486 in assets. With five directors and one owner, the company maintains a real address and boasts a stellar 5.0 Google rating from a single review. It’s an irregular importer, primarily dealing with special woven and decorative fabrics, with the most recent import activity occurring two months ago.

The company specializes in the manufacture of carpets and rugs, catering to the hospitality and leisure sectors. Its website highlights a range of services, including stock collections, bespoke design, and area rugs, alongside a portfolio showcasing its work. Newhey Carpets emphasizes its British heritage, local supply chain, and commitment to sustainability. The site also features a blog with articles on topics such as craft-inspired collections and partnerships with material suppliers. The company even has a section dedicated to showcasing its team.

Financially, Newhey Carpets Ltd presents a mixed picture. While cash bank on hand increased by 21% to £1,700,000, net assets liabilities dropped by 9.4% to £4,400,000. Trade debtors increased by 25% to £540,000, suggesting a potential issue with customer payments, and creditors rose 36% to £2,100,000. It’s a small company, meeting two of three criteria for being small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The company's Property Plant and Equipment has seen a decrease, with Furniture Fittings increasing by 3.3%, Land and Buildings remaining stable, Motor Vehicles decreasing by 0.44%, and Plant Machinery increasing by 7.9%. There’s no auditor mentioned, likely due to its small size.

Overall, Newhey Carpets Ltd appears to be a long-standing business facing some financial headwinds, but it's still operating and maintaining a strong reputation within its niche market.

Registered in England/Wales under the registration number 00990472, with a registered address at OL16 3SL, Rochdale, Gordon Street, Newhey.

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