Newnham Engineering Limited

Newnham Engineering Ltd, based in Worthing, UK, is a small, family-run business with an active status, celebrating 57 years in operation. Employing 23 people and holding £700,732 in assets, it's a well-established player in its field. With five directors and four owners, it’s a tight-knit operation with a real registered address. The company irregularly imports nickel and nickel products (last import August 2022) but regularly exports machinery, boilers, and mechanical appliances (last export October 2024).

The company’s website showcases its expertise as precision engineers, specializing in CNC machining – including 5-axis capabilities – for a diverse range of industries, from defence to agriculture. It operates a modern factory with good parking and loading facilities on Lancing Business Park, West Sussex. The website highlights its investment in the latest technology and emphasizes quality, competitive pricing, and fast lead times. It even has a showroom in Harrods, London.

Financially, Newnham Engineering Ltd demonstrates a mixed picture. Current assets increased by 22% to £700,000, while net assets rose by a substantial 40% to £1.2 million. Bank borrowings decreased by 63% to £55,000, and cash reserves surged an impressive 13000% to £8,700. Trade debtors also increased by 29% to £510,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The lack of a mentioned auditor (likely exempt as a small company) means the figures rely on unaudited statements.

The company’s depreciation on plant machinery has remained consistent, and the number of employees has increased slightly. Overall, Newnham Engineering Ltd seems to be in a healthy position, though the increased trade debtors suggest a need to monitor customer payments.

Registered in England/Wales under the registration number 00911109, with a registered address at BN11 1RL, Worthing, West Sussex., Bishopstone, 36 Crescent Road.

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