Nuevue Ltd

Nuevue Ltd from Telford UK: a small, active company founded twelve years ago, is currently facing a confirmation statement overdue by seven months. With just two employees and £60,712 in assets, it’s a solo founder operation led by a single director and owner. The company operates an e-commerce site and irregularly imports leather goods, travel bags, and animal harnesses – the last import activity was recorded one month ago.

The website, nuevue.com, focuses on selling phone and tablet cases designed to protect health. It boasts a range of cases for various iPhone and Samsung models, emphasizing antimicrobial protection and cleaning capabilities. The site highlights its patented microfiber lining, which removes fingerprints and eliminates 99.9% of germs. It also mentions collaborations with NASA, referencing the use of antimicrobial technology to protect astronauts in space.

Financially, Nuevue Ltd’s numbers present a mixed picture. While bank borrowings decreased by 28%, creditors increased by 3.9% to £910,000. Cash on hand only slightly increased to £2,100, and net assets decreased by 7.1% to -£420,000. Trade creditors also decreased by 29%, suggesting improved debt management. The company meets two of the three criteria to be considered small – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

The company’s reliance on e-commerce and its focus on health-conscious consumers could be a strength, but the declining equity and increasing creditors raise concerns. Whether it can sustain growth while managing its financial pressures remains to be seen.

Registered in England/Wales under the registration number 08241983, with a registered address at TF2 8PD, Telford, Shropshire, The Hollies, 42 Muxton Lane.

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