Nowy Uk Limited

Nowy Uk Limited is a small, active company based in Hastings, UK, founded five years ago in 2019. It employs two people and holds £138,957 in assets, operating from a real address and managed by one director and owner. The company is a regular importer of soaps, cleaning products, and waxes, with 23 months of import activity recorded, the latest in December 2024. Its primary business involves retail sale via mail order houses or via internet.

The company's website showcases a wide range of furniture and related products, from chairs and tables to storage solutions and wall panels. It’s clear that Nowy Uk Limited operates as a distributor for KuschCo, a larger furniture manufacturer, offering its products across Europe. The website emphasizes design, functionality, and sustainability, highlighting resources like ergonomics reports and showcasing projects in various settings – offices, airports, and concert halls. They even have a showroom in Vienna.

Financially, Nowy Uk Limited shows some interesting trends. Cash bank on hand increased by 77% to £61,000, which is good news, while current assets also grew by 36% to £140,000. However, net assets declined by 130% to just £6,300, and finished goods decreased by 61% to -£19,000. Trade debtors have increased significantly, ballooning by 210% to £59,000, suggesting a possible reliance on customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the drop in equity is something to keep an eye on. With no auditor mentioned, the figures are unaudited.

Overall, Nowy Uk Limited seems to be navigating a period of change. The increased cash flow and asset growth are positive signs, but the decline in equity and reliance on customer payments suggest some financial pressures.

Registered in England/Wales under the registration number 12329537, with a registered address at TN35 4FB, England, Hastings, Unit 7 Platform Business Centre Haywood Way, Ivyhouse Lane Industrial Estate.

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