Newsubstance Limited

Newsubstance Ltd from Leeds UK is a small, holding company with an active status, established 20 years ago. The company employs ten people and holds £3,104,576 in assets, operating from a real address. With three directors and one owner, Newsubstance Ltd regularly imports toys, games, and sports equipment (four months of imports) and exports electrical machinery and equipment (five months of exports).

The company's website showcases a creative studio, Newsubstance, offering services like design and production. It emphasizes "moments" and "spaces" where design meets drama, highlighting over 20 years of experience in global projects. The site features accessibility controls, including dark mode and increased contrast, demonstrating a commitment to user experience. The website doesn's appear to be an e-commerce site, instead focusing on showcasing projects and attracting clients.

Financially, Newsubstance Ltd presents a mixed picture. Creditors have increased significantly, jumping 130% to £1.4 million, while cash reserves have grown by 25% to £2.4 million. Bank borrowings have decreased by 52%, which is a positive sign. However, deferred tax liabilities have completely reversed, dropping 100% to zero. The company’s employee count has increased by 20% to twelve, suggesting growth. Despite these fluctuations, the company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million. The lack of an auditor mentioned likely reflects its status as a small, exempt company.

Overall, Newsubstance Ltd appears to be navigating a period of change. While increased creditors suggest a need for careful cash flow management, the growth in employees and cash reserves indicates a healthy, albeit evolving, business.

Registered in England/Wales under the registration number 05198525, with a registered address at LS11 5QN, England, Leeds, West Yorkshire, The Green Sand Foundry, 99 Water Lane.

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