Newmark Limited

NewMark Limited, based in London, UK, is a small, family-run company with an active status, established 20 years ago. With 15 employees and £1,044,962 in assets, it operates from a virtual address – fifteen companies registered at the same address – and is managed by two directors and two owners. The company is a regular importer of glass and glassware, with 102 months of import activity recorded, the last in February 2025. It also occasionally exports various textile products, sets, used clothing, and rags, with just one month of export activity in November 2023.

The company’s website, NewMarkLtd, indicates a wholesale operation focused on household goods. It’s a relatively small player in the industry, meeting two of three criteria for a small company: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s core business operates in the wholesale of household goods (other than musical instruments) n.e.c. industries.

Financially, NewMark Limited presents a mixed picture. Current assets increased by 7.6% to £1,000,000, while net assets decreased by 5.3% to £440,000. Bank borrowings decreased by 33%, reaching £21,000, and cash reserves increased by 400% to £49,000. Creditors increased by 20%, suggesting an increase in trade credit. Trade debtors decreased by 15%, which could be a positive sign of improved collections. The company's small size helps it stay agile, but the equity drop raises questions. The accounts are unaudited, likely due to its status as a small company.

Overall, NewMark Limited appears to be holding steady, though the financial data suggests a need to carefully manage its debts and maintain a healthy cash flow. The company's family ownership and focus on importing glass and glassware, along with its occasional textile exports, paints a picture of a stable, if somewhat modest, business operating in a competitive market.

Registered in England/Wales under the registration number 05142751, with a registered address at N13 6BG, London, 8 Clock House Parade, North Circular Road.

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