NEW APPROACH CONTRACTORS LIMITED Financials
- Company number
- 06852254CopyCopy
- Registered office
- Unit 16 Pickhill Business Centre, Small Hythe Road, Tenterden, Kent TN30 7LZ
- Incorporated
- 19/03/2009
Company snapshot
- Status
- Active
- Employees
- 11 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-21.78%vs 20242024: £1.86M
Total Assets
-2.38%vs 20242024: £3.05M
Cash in Bank
-3.88%vs 20242024: £275.35K
Total Liabilities
53.05%vs 20242024: £688.51K
Employees
0vs 20242024: 11
In 2025, NEW APPROACH CONTRACTORS LIMITED reported net assets of £1.45M. The same filing shows total assets of £2.98M, cash in bank of £264.66K and total liabilities of £1.05M. Reported headcount was 11 in 2025. Net Assets fell from £1.86M in 2024 to £1.45M in 2025 (-21.78%). 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
-21.78%from £1.86M 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 NEW APPROACH CONTRACTORS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-29.1%vs 2023-15.8% a year compound (CAGR)
Cash in Bank
-16.3%vs 2023-8.5% a year compound (CAGR)
Total Assets
+4.7%vs 2023+2.3% a year compound (CAGR)
Total Liabilities
+32%vs 2023+14.9% a year compound (CAGR)
Employees
+10%vs 2023+1Biggest increase
Total Liabilities+32%
£798.19K in 2023 to £1.05M in 2025
Biggest decrease
Net Assets-29.1%
£2.05M in 2023 to £1.45M in 2025
NEW APPROACH CONTRACTORS LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NEW APPROACH CONTRACTORS 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
- 48.76%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
- 35.34%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
- 25.12%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
- 8.88%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 NEW APPROACH CONTRACTORS 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£ | 1.12M | 1.64M | 2.05M | 1.86M | 1.45M |
| Total Assets£ | 2.48M | 3.10M | 2.85M | 3.05M | 2.98M |
| Cash in Bank£ | 351.43K | 405.81K | 316.39K | 275.35K | 264.66K |
| Total Liabilities£ | 906.25K | 868.69K | 798.19K | 688.51K | 1.05M |
| Employees | 8 | 10 | 10 | 11 | 11 |
NEW APPROACH CONTRACTORS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NEW APPROACH CONTRACTORS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
NEW APPROACH CONTRACTORS LIMITED reported net assets of £1.45M for 2025. That compares with £1.86M in 2024, a change of -21.78%.
NEW APPROACH CONTRACTORS LIMITED reported total assets of £2.98M for 2025. That compares with £3.05M in 2024, a change of -2.38%.
NEW APPROACH CONTRACTORS LIMITED reported cash in bank of £264.66K for 2025. That compares with £275.35K in 2024, a change of -3.88%.
NEW APPROACH CONTRACTORS LIMITED reported 11 employees in 2025, compared with 11 in 2024.
Between 2023 and 2025, NEW APPROACH CONTRACTORS LIMITED's net assets fell by 29.1%, cash in bank fell by 16.3%, total assets rose by 4.7% and total liabilities rose by 32%. Net assets contracted at 15.8% a year across the two years to 2025, from £2.05M to £1.45M. Reported headcount went from 10 in 2023 to 11 in 2025 (+1).
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.