Newmaw Medical Ltd

Newmaw Medical Ltd, based in Liverpool, UK, is a small, active company established thirteen years ago in 2012. With two employees and £51,631 in assets, it operates from a real address and is managed by two directors and one owner. The company regularly imports furniture, lighting, and prefabricated buildings, with import activity spanning six months, the last recorded in March 01, 2022.

The company’s core business revolves around the retail sale of medical and orthopaedic goods in specialised stores, a sector that requires a certain level of expertise and customer service. While no website is currently available to examine, this suggests a more traditional, brick-and-mortar approach rather than a large-scale e-commerce operation.

Financially, Newmaw Medical Ltd presents a mixed picture. Current assets have fallen by 25% to £52,000, while net assets have also dropped by 27% to £31,000. Bank cash has decreased by 24% to £39,000. Trade debtors have also declined by 27% to £12,000. 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 decrease in equity is a cause for concern. Creditors have also decreased by 21%, which could indicate improved debt management. The company’s unaudited financial statements, as a small entity, rely on director-reported data.

The decrease in cash reserves and net assets, despite a reduction in creditors, suggests the company may be burning through money faster than it’s generating revenue. The lack of a website and the reliance on traditional retail could be contributing factors. It’s possible that the company is facing increased competition or changing customer preferences, which are impacting sales.

Registered in England/Wales under the registration number 07899163, with a registered address at L12 0BS, Liverpool, Merseyside, 46 Burghill Road.

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