Newtechnologyspace Uk Limited

Newtechnologyspace Uk Limited, a small, active company based in London, UK, has been operating for 15 years. Founded in March 2010, it holds £103 in assets and benefits from a real registered address. The company is led by one director and one owner, and boasts a perfect 5.0 Google rating from five reviews. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, Newtechnologyspace Group, positions itself as a one-stop shop for all IT technology needs. It offers a wide range of services, including outsourced project management, trademark management, managed hosting, web development, design, technical maintenance, data migration, colocation projects, cybersecurity solutions, and e-commerce integrations. It also provides support services like data removal requests, SSL certificates, and email account setup assistance. The site's cookie consent banner highlights its use of technologies to improve browsing experience and personalize advertising.

Financially, Newtechnologyspace Uk Limited shows a mixed picture. Current assets have decreased significantly, dropping 46% to just £100. Net assets also declined, falling 5.2% to -£37,000. Bank borrowings remained constant at £50,000, while cash reserves plummeted 46% to £100. Creditors increased slightly, rising 3.4% to £25,000. The lack of employees (zero reported) suggests a lean operation, and the unaudited figures rely on director-reported data. The company’s small size helps it remain agile, but the decline in equity and cash reserves raises concerns about its financial health. No auditor is mentioned, which is typical for small companies. It seems like they are burning through money.

Registered in England/Wales under the registration number 07205042, with a registered address at W10 4AR, England, London, Kensal Green, Ndc, Unit 3-6 Banister Road, C/O 1st Choice Accounting Services Ltd.

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