Newman’s Fine Foods Limited

Newman’s Fine Foods Limited, based in Droitwich, UK, is a small, active company established 17 years ago. With a single employee and £168,714 in assets, it operates from a virtual address—a detail flagged by the registration of 602 companies at the same location. The company is led by two directors, including the solo founder, Timothy Edward Newman. It’s an irregular importer, primarily bringing in furniture, lighting, and prefabricated buildings, with the last import occurring in April 2023. The business operates within the broader food services industry.

The company’s website is unavailable, making it difficult to determine the specifics of its operations beyond the import activity. It’s likely focused on a niche market or supplying other businesses, rather than direct-to-consumer sales.

Financially, Newman’s Fine Foods Limited presents a mixed picture. While cash reserves increased significantly by 58% to £93,000, current assets also grew by 39% to £170,000. However, net assets surged a substantial 75% to £79,000, and equity increased by 75% to £79,000, suggesting a positive trend in retained earnings. Trade debtors increased by 23% to £59,000, potentially indicating growth in sales but also a need to manage customer payments. Creditors decreased by 17% to £110,000. Bank borrowings decreased by 2.5% to £2,800. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in trade debtors warrants monitoring. The financial report, unaudited and prepared by Ormerod Rutter Limited, highlights a company that’s growing but needs to keep a close eye on its cash flow.

Registered in England/Wales under the registration number 06523893, with a registered address at WR9 9AY, United Kingdom, Droitwich, Worcestershire, The Oakley, Kidderminster Road.

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