Skip to content
Encuentra Ecuador Search

Company profile

Active

Newdevelopment S.A.

RUC 0190355152001 · Cuenca, Azuay

Registry data

RUC
0190355152001
Legal name
NEWDEVELOPMENT S.A.
Trade name
NEWDEVELOPMENT
Size segment (SCVS)
Small · 2024
Incorporation date
November 26, 2008
Start of activities (SRI)
November 26, 2008
Subscribed capital
$60,650
Economic activity
Agents involved in the sale of machinery, industrial equipment, ships and aircraft
ISIC code
G4610.04
Last year with filed statements
2024
Address
Autopista Cuenca Azogues, Camino a Turi
Location
Cuenca, Azuay
Region
Sierra

Financial statements

Current ratio
1.13
Debt ratio
84.1%
Net margin
−7.0%
Return on equity (ROE)
−6.3%
Revenue vs 2023
+0.0%
Revenue by year
$0
$310 k
$139 k
2008 2011 2014 2017 2020 2024
Net result by year
$0
−$37.5 k
$49.5 k
−$9.7 k
2008 2011 2014 2017 2020 2024
Employees by year 2019 → 2024 · +0.0%
4
4
2019 2020 2021 2022 2023 2024

The income statement · 2024

  • Revenue $139,334
  • Expenses $149,031
  • Net result −$9,686

Balance sheet structure · 2024

What it owns

  • Current assets $921,201 95%
  • Non-current assets $46,980 5%

How it is financed

  • Current liabilities $814,355 84%
  • Non-current liabilities $0 0%
  • Equity $153,826 16%

“Current” means within one year: what can be turned into cash, or what has to be paid, in that span.

Financial statements filed with the Superintendencia de Compañías, year by year
Year Revenue Net result Assets Equity Employees
2024 $139,334 −$9,686 $968,181 $153,826 4
2023 $139,334 $10,356 $960,337 $163,512 2
2022 $139,334 $49,518 $968,744 $153,157 4
2021 $139,334 $16,803 $931,811 $104,017 1
2020 $139,334 $10,198 $789,906 $93,316 4
2019 $139,334 $8,610 $734,710 $81,986 4
2018 $143,655 −$6,450 $742,983 $72,420
2017 $142,807 $10,444 $607,649 $7,624
2016 $185,042 $4,174 $531,809 −$3,980
2015 $128,616 −$32,280 $486,129 $0
2014 $163,477 $20,512 $517,286 $23,783
2013 $125,180 −$18,735 $551,558 −$24,713
2012 $88,592 −$37,545 $527,092 −$4,495
2011 $86,650 $2,979 $504,102 $31,404
2010 $310,474 $32,282 $93,947 $28,425
2009 $105,852 $7,673 $60,042 $7,874
2008 $0 $0 $201 $201

In 2024 it recorded revenue of $139,334 and a net result of −$9,686, a margin of −7.0%.

Its 2024 revenue exceeds that of 56.4% of the 88,862 companies in the country that recorded sales that year. In Azuay, it exceeds 58.5% of the 5,348 on record.

Within its activity (ISIC code G4610.04, 162 companies with sales), its revenue exceeds that of 49.4%; the trade’s typical margin was 2.6%.

Values in US dollars, as filed with the Superintendencia de Compañías, Ecuador’s corporate regulator.

Tax status (SRI)

updated September 1, 2026
RUC status: Active
  • Phantom taxpayer: No
  • Nonexistent transactions: No
Tax regime
General regime The set of rules under which it files its taxes
Required to keep accounting books
Yes
Withholding agent
No When paying third parties, it withholds taxes and remits them to the SRI
Special taxpayer
No Designated by the SRI for its size, with additional filing obligations
Start of activities
November 26, 2008

Establishments · 2 registered, 2 open

  • HEAD OFFICE Azuay / Cuenca / Machangara / Av. de las Americas S/N y San Pablo de los Lagos Open
  • Azuay / Cuenca / Huaynacapac / Av. 24 de Mayo 3-82 y los Canarios Open

Tax status according to the public records of the SRI (Servicio de Rentas Internas, the national tax authority). The risk designations are the SRI’s, not a rating by this site: phantom taxpayer means the SRI considers the company to have no real activity at its declared address, and nonexistent transactions means it invoiced operations the SRI determined never took place.

Where it operates

It has 2 open establishments in Azuay.

Camilo Ponce Enriquez: 0 companies Chordeleg: 0 companies Cuenca: 2 companies El Pan: 0 companies Girón: 0 companies Guachapala: 0 companies Gualaceo: 0 companies Nabón: 0 companies Oña: 0 companies Paute: 0 companies Pucará: 0 companies San Fernando: 0 companies Santa Isabel: 0 companies Sevilla de Oro: 0 companies Sigsig: 0 companies Cuenca Sigsig Nabón Pucará Girón Oña

Camilo Ponce Enriquez · 0 companiesChordeleg · 0 companiesCuenca · 2 companiesEl Pan · 0 companiesGirón · 0 companiesGuachapala · 0 companiesGualaceo · 0 companiesNabón · 0 companiesOña · 0 companiesPaute · 0 companiesPucará · 0 companiesSan Fernando · 0 companiesSanta Isabel · 0 companiesSevilla de Oro · 0 companiesSigsig · 0 companies Point at or tap a canton to see its figure

Cantons of the province. Each canton links to its listing. Boundaries: geoBoundaries (CC BY 4.0).

Cantons with a presence

  • Cuenca head office 2 locations

Establishments declared to the SRI (Servicio de Rentas Internas, the national tax authority), updated September 1, 2026. The location is the province and canton on record, not each site’s exact address.

Activity classification (ISIC)

  1. Wholesale and retail trade; repair of motor vehicles and motorcycles
  2. Wholesale trade, except of motor vehicles and motorcycles
  3. Wholesale on a fee or contract basis
  4. Wholesale on a fee or contract basis
  5. Agents involved in the sale of machinery, industrial equipment, ships and aircraft

Frequently asked questions

What is the RUC of Newdevelopment S.A.?

The RUC (taxpayer registration number) of NEWDEVELOPMENT S.A. is 0190355152001, according to Ecuador’s public corporate registry.

Is Newdevelopment S.A. active?

Yes. Its legal status in the registry is Activa.

What trade name does Newdevelopment S.A. use?

It operates under the trade name NEWDEVELOPMENT, according to the SRI’s RUC registry.

What does Newdevelopment S.A. do?

Its registered economic activity (ISIC G4610.04) is: Agents involved in the sale of machinery, industrial equipment, ships and aircraft

Where is Newdevelopment S.A. located?

Its registered address is in Cuenca, province of Azuay, Ecuador.

When was Newdevelopment S.A. incorporated?

It was incorporated on November 26, 2008, as a stock corporation (s.a.).

Related companies

Corporate information from official public records of Ecuador · where this data comes from