NEW LIFE GARMENTS LTD Financials
- Company number
- 11111354CopyCopy
- Registered office
- 7 Omega Business Village, Thurston Road, Northallerton DL6 2NJ
- Incorporated
- 14/12/2017
Company snapshot
- Status
- Active
- Employees
- 12 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
499.28%vs 20242024: £11.63K
Total Assets
328.28%vs 20242024: £50.17K
Cash in Bank
-58.25%vs 20242024: £40.98K
Total Liabilities
276.68%vs 20242024: £38.54K
Employees
+2vs 20242024: 10
In 2025, NEW LIFE GARMENTS LTD reported net assets of £69.69K. The same filing shows total assets of £214.85K, cash in bank of £17.11K and total liabilities of £145.16K. Reported headcount was 12 in 2025. Total Assets rose from £50.17K in 2024 to £214.85K in 2025 (328.28%). 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
499.28%from £11.63K 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 LIFE GARMENTS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-27.7%vs 2023-15% a year compound (CAGR)
Cash in Bank
-56.4%vs 2023-34% a year compound (CAGR)
Employees
+20%vs 2023+2Biggest increase
Employees+20%
10 in 2023 to 12 in 2025
Biggest decrease
Cash in Bank-56.4%
£39.24K in 2023 to £17.11K in 2025
NEW LIFE GARMENTS LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, 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 NEW LIFE GARMENTS LTD'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
- 32.44%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
- 67.56%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
- 11.79%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
- 7.96%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 LIFE GARMENTS LTD 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£ | 158.81K | 127.24K | 96.40K | 11.63K | 69.69K |
| Total Assets£ | – | – | – | 50.17K | 214.85K |
| Cash in Bank£ | 98.99K | 74.00K | 39.24K | 40.98K | 17.11K |
| Total Liabilities£ | – | – | – | 38.54K | 145.16K |
| Employees | 0 | 10 | 10 | 10 | 12 |
NEW LIFE GARMENTS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NEW LIFE GARMENTS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
NEW LIFE GARMENTS LTD reported net assets of £69.69K for 2025. That compares with £11.63K in 2024, a change of 499.28%.
NEW LIFE GARMENTS LTD reported total assets of £214.85K for 2025. That compares with £50.17K in 2024, a change of 328.28%.
NEW LIFE GARMENTS LTD reported cash in bank of £17.11K for 2025. That compares with £40.98K in 2024, a change of -58.25%.
NEW LIFE GARMENTS LTD reported 12 employees in 2025, compared with 10 in 2024.
Between 2023 and 2025, NEW LIFE GARMENTS LTD's net assets fell by 27.7%, cash in bank fell by 56.4% and employee numbers rose by 20%. Net assets contracted at 15% a year across the two years to 2025, from £96.40K to £69.69K. Reported headcount went from 10 in 2023 to 12 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.