Rowes Newsmarket Limited

Rowes Newsmarket Ltd, based in Witney, UK, is a small, family-run business with an active status. Founded twelve years ago in 2012, the company employs twenty-one people and holds £537,308 in assets. It operates from a virtual address, registered at OX29 4SX, and is managed by two directors and two owners. Google reviews give it a rating of 3.0 based on eleven reviews. The company is an irregular importer, primarily dealing with electrical machinery and equipment, with just one month of import activity recorded as of May 2022.

Rowes Newsmarket Ltd’s core business involves retail sale in non-specialised stores with food, beverages or tobacco predominating. While the company’s website is unavailable for direct analysis, its listing indicates a focus on traditional retail, likely a brick-and-mortar operation. There’s no evidence of an e-commerce presence, suggesting a reliance on in-person sales.

Financially, Rowes Newsmarket Ltd presents a mixed picture. Current assets have increased by 4.8% to £540,000, while net assets have risen by 15% to £460,000. Bank borrowings have decreased by 66%, reaching £13,000, and cash reserves have increased by 8.1% to £410,000. Creditors have decreased by 13%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the increase in trade debtors suggests potential challenges in collecting payments. The company is exempt from an audit as a small company.

The increase in property plant and equipment, particularly furniture fittings, suggests investment in the business. However, the decrease in motor vehicles and plant machinery could indicate a shift in operational focus or the disposal of older assets. Overall, Rowes Newsmarket Ltd appears to be financially stable, although careful monitoring of trade debtors will be important for continued success.

Registered in England/Wales under the registration number 08087831, with a registered address at OX29 4SX, Witney, Oxon, 9 Worton Park, Cassington.

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