Nwt Direct (conwy) Limited

Nwt Direct Conwy Ltd from Conwy UK: a small, active company founded six years ago, employs eleven people, and holds £594,407 in assets. It's a family business with three directors and two owners, operating an e-commerce site and boasting a 4.0 Google rating from 56 reviews. The company regularly imports iron or steel products, with three months of import activity recorded, and occasionally exports electrical machinery and equipment, with just one month of export activity.

The company’s website, Nwt Direct, is a specialist supplier of heating, bathroom, and wetroom products. It offers a wide range of radiators, towel rails, electric heaters, bathroom furniture, and sanitaryware, catering to both trade and retail customers. The site features an extensive catalogue, helpful guides, and a blog with articles on topics like bathroom design and plant care. It even offers a bathroom design service.

Financially, Nwt Direct Conwy Ltd shows some concerning trends. Cash bank on hand decreased by 34% to £4,700, while net assets dropped by 18% to -£68,000. Trade debtors fell by a significant 48% to £4,700, which could indicate issues with customer payments or a shift in credit policy. Creditors increased by 13% to £600,000, suggesting the company is relying more on borrowed funds. Employee numbers have also decreased by 36%, from eleven to seven, which may be a result of restructuring or reduced demand. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's exempt from an audit, so these figures are unaudited.

Despite these challenges, Nwt Direct Conwy Ltd appears to be a well-established online retailer with a loyal customer base. Whether it can overcome its financial pressures and continue to grow remains to be seen.

Registered in England/Wales under the registration number 11670736, with a registered address at LL32 8FA, United Kingdom, Conwy, Unit 5 Conwy Morfa Enterprise Park.

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