Newitt & Co Limited

Newitt & Co Limited, based in York, UK, is a large holding company with an active status, having been incorporated twenty-two years ago in October 2002. The company employs thirty-four people and boasts assets totaling £8,128,040. With four directors and one owner, Newitt & Co operates a thriving e-commerce site and maintains a stellar 5.0 Google rating based on over one thousand reviews. The business regularly imports and exports toys, games, and sports equipment, having imported for 285 months and exported for 61 months.

Newitts.com is a well-established online store specializing in sports equipment and sportswear. The site features a wide range of brands and products, from play equipment and fitness gear to clearance items. Customers can easily search, view baskets, and access frequently asked questions. The site also includes contact information, a map to their Claxton Hall location, and a newsletter signup for the latest bargains.

Financially, Newitt & Co Limited demonstrates a mixed picture. Current assets have increased by 13%, reaching £8,100,000, while net assets have surged a remarkable 85%, hitting £6,200,000. Bank borrowings have remained stable, and cash reserves have increased by 39%, reaching £3,300,000. However, deferred tax expense credit has risen dramatically, increasing by 6500%, and staff costs have remained consistent. The company’s large size (meeting two of three criteria for a large company) suggests a robust operation, but the significant increase in deferred tax warrants further investigation. The company’s auditor, BHP LLP, has reported that the company is in compliance with applicable reporting frameworks.

Overall, Newitt & Co Limited appears to be a financially healthy and well-regarded business, though the rise in deferred tax should be monitored. Its successful e-commerce platform and strong customer reviews suggest a promising future.

Registered in England/Wales under the registration number 04561672, with a registered address at YO60 7RE, York, Yorkshire, Claxton Hall, Flaxton.

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