NEW SPICE OF LIFE LTD Financials
- Company number
- SC630175Copy
Copy - Registered office
- 13 Maxwellton Avenue, East Kilbride, Glasgow G74 3AE
- Incorporated
- 13/05/2019
Company snapshot
- Status
- Active
- Employees
- 9 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-417.35%vs 20232023: £-25.27K
Total Assets
-43.49%vs 20232023: £65.51K
Cash in Bank
-83.22%vs 20232023: £3.15K
Total Liabilities
84.78%vs 20232023: £90.78K
Employees
+1vs 20232023: 8
In 2024, NEW SPICE OF LIFE LTD reported net assets of £-130.72K. The same filing shows total assets of £37.02K, cash in bank of £529.00 and total liabilities of £167.74K. Reported headcount was 9 in 2024. Net Assets fell from £-25.27K in 2023 to £-130.72K in 2024 (-417.35%). 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
-417.35%from £-25.27K 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 SPICE OF LIFE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
-84.1%vs 2022-60.2% a year compound (CAGR)
Total Assets
-36%vs 2022-20% a year compound (CAGR)
Total Liabilities
+118%vs 2022+47.5% a year compound (CAGR)
Employees
+12.5%vs 2022+1Biggest increase
Total Liabilities+118%
£77.06K in 2022 to £167.74K in 2024
Biggest decrease
Cash in Bank-84.1%
£3.33K in 2022 to £529.00 in 2024
NEW SPICE OF LIFE LTD's filings pull in both directions between 2022 and 2024. 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 SPICE OF LIFE 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
- -353.10%2024
- Liabilities to total assets
- 453.10%2024
- Cash to liabilities
- 0.32%2024
- Cash to total assets
- 1.43%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 SPICE OF LIFE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 5.48K | -19.24K | -25.27K | -130.72K |
| Total Assets£ | 53.32K | 57.82K | 65.51K | 37.02K |
| Cash in Bank£ | 8.27K | 3.33K | 3.15K | 529.00 |
| Total Liabilities£ | 47.84K | 77.06K | 90.78K | 167.74K |
| Employees | 11 | 8 | 8 | 9 |
NEW SPICE OF LIFE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has NEW SPICE OF LIFE LTD filed financial statements?
Yes. Okredo holds filed figures for NEW SPICE OF LIFE LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did NEW SPICE OF LIFE LTD report in 2024?
NEW SPICE OF LIFE LTD reported net assets of £-130.72K for 2024. That compares with £-25.27K in 2023, a change of -417.35%.
What total assets did NEW SPICE OF LIFE LTD report in 2024?
NEW SPICE OF LIFE LTD reported total assets of £37.02K for 2024. That compares with £65.51K in 2023, a change of -43.49%.
What cash in bank did NEW SPICE OF LIFE LTD report in 2024?
NEW SPICE OF LIFE LTD reported cash in bank of £529.00 for 2024. That compares with £3.15K in 2023, a change of -83.22%.
How many people does NEW SPICE OF LIFE LTD employ?
NEW SPICE OF LIFE LTD reported 9 employees in 2024, compared with 8 in 2023.
How have NEW SPICE OF LIFE LTD financials changed over the last 3 years?
Between 2022 and 2024, NEW SPICE OF LIFE LTD's cash in bank fell by 84.1%, total assets fell by 36%, total liabilities rose by 118% and employee numbers rose by 12.5%. Cash in bank contracted at 60.2% a year across the two years to 2024, from £3.33K to £529.00. Reported headcount went from 8 in 2022 to 9 in 2024 (+1).
Which years of NEW SPICE OF LIFE LTD financial data are available?
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.