# NEWMECH LIMITED (02352891)

> NEWMECH LIMITED is an active private limited company (company number 02352891) incorporated on 27 February 1989, registered in Essex. Its registered activity is construction of utility projects for electricity and telecommunications (SIC 42220). Latest micro accounts cover the period ending 30 April 2025, showing net assets of £350k, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 9% on the prior period (£386k).

- Status: Active
- Incorporated: 1989-02-27
- Registered office: Essex, IG2 7JD
- SIC 42220: Construction of utility projects for electricity and telecommunications
- Next accounts due: 2027-01-30
- Confirmation statement due: 2027-03-13
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 186 comparable companies in Greater London (median £3,804, upper quartile £27k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-04-30 | £350k | — | — | — | — | — | 3 |
| 2024-04-30 | £386k | — | — | — | — | — | 3 |

size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £349,708 at 30 April 2025
- Incorporated five or more years ago: Incorporated 27 February 1989

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Carmino Palumbo — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-05-03
- Mrs Carol Joyce Palumbo — owns 25–50% of shares; holds 25–50% of voting rights, since 2024-02-08

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/02352891
HTML: https://firmoscan.com/company/02352891-newmech-limited