Newmarc Seals Ltd

Newmarc Seals Ltd from Hyde UK is a small, active company founded seven years ago. With a single employee and £77,749 in assets, it operates from a virtual address shared by over fifty other companies. The business is led by two directors and a solo founder, Newton Matthew John, who also acts as the owner. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances—parts, with its last import operation recorded one month ago in November 2022.

The company’s website, newmarcseals.co.uk, showcases a focus on sealing products and solutions for various industries, including aerospace, automotive, oil & gas, and manufacturing. It emphasizes a strong supply chain, full traceability, and high-level customer service, boasting over 40 years of combined experience within its staff. The site also highlights its ability to provide technical advice and caters to both small and large organizations.

Financially, Newmarc Seals Ltd shows a mixed picture. Current assets increased by a healthy 67% to £78,000, while cash reserves jumped 24% to £34,000. However, creditors have risen significantly by 40% to £53,000, and trade debtors have increased dramatically by 150% to £41,000. Equity has seen a substantial increase of 170% to £25,000. Despite the rise in debtors, the company’s net assets have also increased considerably. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 10 employees), it’s likely exempt from an audit, and the figures are unaudited. The company’s small size helps it remain agile, but the increase in creditors suggests it may be relying on credit to maintain operations.

Registered in England/Wales under the registration number 10808258, with a registered address at SK14 1ND, England, Hyde, Cheshire, 48 Union Street.

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