NEW MIND INTERNET CONSULTANCY LIMITED Financials
- Company number
- 03490987CopyCopy
- Registered office
- Ground Floor, 3 Wellbrook Court, Girton, Cambridge CB3 0NA
- Incorporated
- 12/01/1998
Company snapshot
- Status
- Active
- Employees
- 59 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-15.26%vs 20222022: £1.30M
Total Assets
21.08%vs 20222022: £2.72M
Cash in Bank
32.77%vs 20222022: £344.22K
Total Liabilities
55.94%vs 20222022: £1.39M
Employees
+17vs 20222022: 42
In 2023, NEW MIND INTERNET CONSULTANCY LIMITED reported net assets of £1.10M. The same filing shows total assets of £3.29M, cash in bank of £457.04K and total liabilities of £2.17M. Reported headcount was 59 in 2023. Total Liabilities rose from £1.39M in 2022 to £2.17M in 2023 (55.94%). Okredo holds filed figures for 2021–2023; 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
-15.26%from £1.30M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures NEW MIND INTERNET CONSULTANCY LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-19.7%vs 2021-10.4% a year compound (CAGR)
Cash in Bank
-62.5%vs 2021-38.8% a year compound (CAGR)
Total Assets
+20.3%vs 2021+9.7% a year compound (CAGR)
Total Liabilities
+61.7%vs 2021+27.2% a year compound (CAGR)
Employees
+40.5%vs 2021+17Biggest increase
Total Liabilities+61.7%
£1.34M in 2021 to £2.17M in 2023
Biggest decrease
Cash in Bank-62.5%
£1.22M in 2021 to £457.04K in 2023
NEW MIND INTERNET CONSULTANCY LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 MIND INTERNET CONSULTANCY 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
- 33.42%2023
- 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
- 66.15%2023
- 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
- 21.02%2023
- 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
- 13.90%2023
- 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 MIND INTERNET CONSULTANCY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.37M | 1.30M | 1.10M |
| Total Assets£ | 2.73M | 2.72M | 3.29M |
| Cash in Bank£ | 1.22M | 344.22K | 457.04K |
| Total Liabilities£ | 1.34M | 1.39M | 2.17M |
| Employees | 42 | 42 | 59 |
NEW MIND INTERNET CONSULTANCY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NEW MIND INTERNET CONSULTANCY LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
NEW MIND INTERNET CONSULTANCY LIMITED reported net assets of £1.10M for 2023. That compares with £1.30M in 2022, a change of -15.26%.
NEW MIND INTERNET CONSULTANCY LIMITED reported total assets of £3.29M for 2023. That compares with £2.72M in 2022, a change of 21.08%.
NEW MIND INTERNET CONSULTANCY LIMITED reported cash in bank of £457.04K for 2023. That compares with £344.22K in 2022, a change of 32.77%.
NEW MIND INTERNET CONSULTANCY LIMITED reported 59 employees in 2023, compared with 42 in 2022.
Between 2021 and 2023, NEW MIND INTERNET CONSULTANCY LIMITED's net assets fell by 19.7%, cash in bank fell by 62.5%, total assets rose by 20.3% and total liabilities rose by 61.7%. Net assets contracted at 10.4% a year across the two years to 2023, from £1.37M to £1.10M. Reported headcount went from 42 in 2021 to 59 in 2023 (+17).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.