Newleaf Kitchens Limited

Newleaf Kitchens Limited, based in Cheltenham, UK, is a small, active company founded nine years ago in 2016. With three employees and £37,261 in assets, it's a solo-founded operation managed by one director and owner. The company operates in the retail sector, specifically offering kitchen development services. It’s a regular importer, with its top import category being furniture, lighting, and prefabricated buildings, though just three months of import activity were recorded, the last in December 2016.

The company’s website is currently unavailable, making it difficult to assess its online presence and e-commerce activities. It’s unclear if Newleaf Kitchens Limited has an active online store or primarily operates through other channels.

Financially, Newleaf Kitchens Limited’s recent performance shows a mixed picture. Current assets have increased by a significant 94%, reaching £37,000, while cash reserves have surged by an impressive 720%, now standing at £17,000. However, net assets have decreased by 4.9%, settling at -£170,000, and bank borrowings have remained consistent. Creditors have increased by 15%, and trade debtors have grown by 63%, suggesting a possible increase in sales but also a need to manage payment collections. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity is a concern. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

Overall, Newleaf Kitchens Limited appears to be navigating a challenging financial landscape. The increase in cash reserves is a positive sign, but the negative equity and rising debts require careful attention.

Registered in England/Wales under the registration number 10012874, with a registered address at GL53 8RA, United Kingdom, Cheltenham, Gloucestershire, 5 Ledmore Road, Charton Kings.

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