BASIT KNITWEAR LIMITED Financials
- Company number
- 06575531CopyCopy
- Registered office
- 2nd Floor Unit 3, Appolo Business Park, Apsley Grove, Manchester M12 6AW
- Incorporated
- 24/04/2008
Company snapshot
- Status
- Active
- Employees
- 26 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
1.42K%vs 20242024: £2.59K
Total Assets
59.94%vs 20242024: £870.04K
Cash in Bank
-34.88%vs 20242024: £93.20K
Total Liabilities
55.88%vs 20242024: £867.46K
Employees
+2vs 20242024: 24
In 2025, BASIT KNITWEAR LIMITED reported net assets of £39.42K. The same filing shows total assets of £1.39M, cash in bank of £60.70K and total liabilities of £1.35M. Reported headcount was 26 in 2025. Total Assets rose from £870.04K in 2024 to £1.39M in 2025 (59.94%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
1.42K%from £2.59K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures BASIT KNITWEAR LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+129%vs 2023+51.2% a year compound (CAGR)
Cash in Bank
-59%vs 2023-36% a year compound (CAGR)
Total Assets
+41.4%vs 2023+18.9% a year compound (CAGR)
Total Liabilities
+39.9%vs 2023+18.3% a year compound (CAGR)
Employees
+8.3%vs 2023+2Biggest increase
Net Assets+129%
£17.25K in 2023 to £39.42K in 2025
Biggest decrease
Cash in Bank-59%
£148.04K in 2023 to £60.70K in 2025
BASIT KNITWEAR LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BASIT KNITWEAR LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 2.83%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 97.17%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 4.49%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 4.36%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for BASIT KNITWEAR LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 71.87K | 42.39K | 17.25K | 2.59K | 39.42K |
| Total Assets£ | 1.02M | 843.02K | 983.82K | 870.04K | 1.39M |
| Cash in Bank£ | 475.91K | 194.31K | 148.04K | 93.20K | 60.70K |
| Total Liabilities£ | 948.78K | 800.63K | 966.57K | 867.46K | 1.35M |
| Employees | 26 | 26 | 24 | 24 | 26 |
BASIT KNITWEAR LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for BASIT KNITWEAR LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
BASIT KNITWEAR LIMITED reported net assets of £39.42K for 2025. That compares with £2.59K in 2024, a change of 1.42K%.
BASIT KNITWEAR LIMITED reported total assets of £1.39M for 2025. That compares with £870.04K in 2024, a change of 59.94%.
BASIT KNITWEAR LIMITED reported cash in bank of £60.70K for 2025. That compares with £93.20K in 2024, a change of -34.88%.
BASIT KNITWEAR LIMITED reported 26 employees in 2025, compared with 24 in 2024.
Between 2023 and 2025, BASIT KNITWEAR LIMITED's net assets rose by 129%, cash in bank fell by 59%, total assets rose by 41.4% and total liabilities rose by 39.9%. Net assets compounded at 51.2% a year across the two years to 2025, from £17.25K to £39.42K. Reported headcount went from 24 in 2023 to 26 in 2025 (+2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.