Newport Caravans Limited

Newport Caravans Ltd from Newport UK: a large company, active status, founded 16 years ago, with 52 employees, boasts £6,358,347 in assets and a yearly revenue of £16,221,881. It operates from a real address, managed by three directors and one owner, and enjoys a Google rating of 4.0 based on 478 reviews. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with recent activity recorded just five months ago.

The company's website showcases a diverse range of services, primarily focused on selling new and used caravans and motorhomes. It offers various brands like Adria, Bailey, and Elddis, and provides services like servicing, repairs, and body shop work. The site also features a section for accessories and spares, along with fitting services. It’s clear that Newport Caravans Ltd operates as a full-service caravan dealership, catering to both sales and maintenance needs. The website’s design suggests a focus on customer engagement, with sections for testimonials, news, and job vacancies.

Financially, Newport Caravans Ltd presents a mixed picture. While turnover increased by a healthy 6.7% to £16 million, the company's net assets took a hit, decreasing by 28% to £1.8 million. Bank borrowings increased significantly by 1200%, reaching £280,000, while cash reserves fell by 35% to £850,000. Creditors also rose by 30%, suggesting a greater reliance on short-term financing. The company’s large size (meeting two of three criteria for a large company) indicates a substantial operation, but the decline in net assets and increased borrowing warrant closer examination. The accounts were audited by Maxwells.

Despite the financial pressures, Newport Caravans Ltd appears to be maintaining a strong customer base, as evidenced by its high Google rating. The company's ability to adapt to changing market conditions and continue offering a wide range of services will be key to its long-term success.

Registered in England/Wales under the registration number 06651531, with a registered address at NP20 2DU, Wales, Newport, Newport Caravans Limited, Kings Parade.

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