NEW LIFE (SCUNTHORPE) Financials
- Company number
- 05973307CopyCopy
- Registered office
- New Life Church, Brumby Wood Lane, Scunthorpe, North Lincs DN17 1AB
- Incorporated
- 20/10/2006
Company snapshot
- Status
- Active
- Employees
- 16 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
15.81%vs 20232023: £602.90K
Total Assets
-3.52%vs 20232023: £1.69M
Cash in Bank
565.89%vs 20232023: £32.95K
Total Liabilities
-12.15%vs 20232023: £268.55K
Employees
-6vs 20232023: 22
In 2024, NEW LIFE (SCUNTHORPE) reported net assets of £698.24K. The same filing shows total assets of £1.63M, cash in bank of £219.38K and total liabilities of £235.93K. Reported headcount was 16 in 2024. Cash in Bank rose from £32.95K in 2023 to £219.38K in 2024 (565.89%). Okredo holds filed figures for 2021–2024; 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
15.81%from £602.90K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures NEW LIFE (SCUNTHORPE) filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+9.9%vs 2022+4.8% a year compound (CAGR)
Cash in Bank
+229%vs 2022+81.4% a year compound (CAGR)
Total Assets
-7.8%vs 2022-4% a year compound (CAGR)
Total Liabilities
-19.5%vs 2022-10.3% a year compound (CAGR)
Employees
-33.3%vs 2022-8Biggest increase
Cash in Bank+229%
£66.69K in 2022 to £219.38K in 2024
Biggest decrease
Employees-33.3%
24 in 2022 to 16 in 2024
NEW LIFE (SCUNTHORPE)'s filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NEW LIFE (SCUNTHORPE)'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
- 42.94%2024
- 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
- 14.51%2024
- 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
- 92.99%2024
- 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
- 13.49%2024
- 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 (SCUNTHORPE) by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 667.65K | 635.41K | 602.90K | 698.24K |
| Total Assets£ | 1.84M | 1.76M | 1.69M | 1.63M |
| Cash in Bank£ | 93.64K | 66.69K | 32.95K | 219.38K |
| Total Liabilities£ | 307.31K | 292.97K | 268.55K | 235.93K |
| Employees | 22 | 24 | 22 | 16 |
NEW LIFE (SCUNTHORPE) financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NEW LIFE (SCUNTHORPE) covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
NEW LIFE (SCUNTHORPE) reported net assets of £698.24K for 2024. That compares with £602.90K in 2023, a change of 15.81%.
NEW LIFE (SCUNTHORPE) reported total assets of £1.63M for 2024. That compares with £1.69M in 2023, a change of -3.52%.
NEW LIFE (SCUNTHORPE) reported cash in bank of £219.38K for 2024. That compares with £32.95K in 2023, a change of 565.89%.
NEW LIFE (SCUNTHORPE) reported 16 employees in 2024, compared with 22 in 2023.
Between 2022 and 2024, NEW LIFE (SCUNTHORPE)'s net assets rose by 9.9%, cash in bank rose by 229%, total assets fell by 7.8% and total liabilities fell by 19.5%. Net assets compounded at 4.8% a year across the two years to 2024, from £635.41K to £698.24K. Reported headcount went from 24 in 2022 to 16 in 2024 (-8).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.