Nwx Ltd

NWX Distribution, based in Lanarkshire, UK, is a small, active company established 35 years ago. With seven employees and £1,608,137 in assets, it’s a long-standing player in the region. The business, owned by Baxter Dawn Anne and overseen by three directors, maintains a real address and boasts a respectable 4.0 Google rating from four reviews. NWX is a regular importer of electrical machinery and equipment, having imported for eight months, with the last import occurring in December 2018. It exports very little, with just two months of export activity recorded, ending in February 2018.

The company’s website paints a picture of a versatile business offering distribution, brand representation, and product development services. NWX doesn’s just shift boxes; it adds value, creating sales and building awareness. It represents brands from the USA, Europe, and East Asia, and even has production partners in China, Taiwan, and South Korea. Its website highlights its expertise in brand creation, manufacturing support, and award-winning product design, catering to both small and large clients.

Financially, NWX Ltd’s recent performance shows some mixed signals. While cash reserves increased by 25% to £550,000, current assets dropped by 1.8% to £1,600,000. Bank borrowings increased significantly, with specific advances to directors rising 460% to £68,000, although repayments also increased by 23% to £330,000. Creditors increased by 69% to £310,000. The company’s small size (meeting two of three criteria for being a small company) allows it to remain agile, but the drop in net assets—10% to £1,300,000—suggests a need for careful financial management. The company is exempt from an audit, so the figures are unaudited. It’s a business with a long history and a broad skillset, but its recent financial trends warrant close attention.

Registered in Scotland under the registration number SC120540, with a registered address at ML11 7SR, Lanarkshire, The Inox Building, Caldwellside, Lanark.

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