NEWBEGIN CORPORATION LIMITED Financials
- Company number
- 13631763Copy
Copy - Registered office
- C/O Thompson Commercials Limited Salvesen Way, Clive Sullivan Way, Hull, East Yorkshire HU3 4UQ
- Incorporated
- 20/09/2021
Company snapshot
- Status
- Active
- Employees
- 305 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
57.26%vs 20232023: £2.20M
Total Assets
-2.57%vs 20232023: £23.60M
Cash in Bank
-20.03%vs 20232023: £393.83K
Total Liabilities
-8.74%vs 20232023: £21.40M
Employees
+10vs 20232023: 295
In 2024, NEWBEGIN CORPORATION LIMITED reported net assets of £3.47M. The same filing shows total assets of £22.99M, cash in bank of £314.95K and total liabilities of £19.53M. Reported headcount was 305 in 2024. Total Liabilities fell from £21.40M in 2023 to £19.53M in 2024 (-8.74%). Okredo holds filed figures for 2022–2024; 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
57.26%from £2.20M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures NEWBEGIN CORPORATION LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+214%vs 2022+77.3% a year compound (CAGR)
Cash in Bank
+44.3%vs 2022+20.1% a year compound (CAGR)
Total Assets
+1%vs 2022+0.5% a year compound (CAGR)
Total Liabilities
-9.8%vs 2022-5% a year compound (CAGR)
Employees
+11.7%vs 2022+32Biggest increase
Net Assets+214%
£1.10M in 2022 to £3.47M in 2024
Biggest decrease
Total Liabilities-9.8%
£21.65M in 2022 to £19.53M in 2024
NEWBEGIN CORPORATION LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NEWBEGIN CORPORATION 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
- 15.08%2024
- Liabilities to total assets
- 84.92%2024
- Cash to liabilities
- 1.61%2024
- Cash to total assets
- 1.37%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 NEWBEGIN CORPORATION LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 1.10M | 2.20M | 3.47M |
| Total Assets£ | 22.75M | 23.60M | 22.99M |
| Cash in Bank£ | 218.33K | 393.83K | 314.95K |
| Total Liabilities£ | 21.65M | 21.40M | 19.53M |
| Employees | 273 | 295 | 305 |
NEWBEGIN CORPORATION LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has NEWBEGIN CORPORATION LIMITED filed financial statements?
Yes. Okredo holds filed figures for NEWBEGIN CORPORATION LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did NEWBEGIN CORPORATION LIMITED report in 2024?
NEWBEGIN CORPORATION LIMITED reported net assets of £3.47M for 2024. That compares with £2.20M in 2023, a change of 57.26%.
What total assets did NEWBEGIN CORPORATION LIMITED report in 2024?
NEWBEGIN CORPORATION LIMITED reported total assets of £22.99M for 2024. That compares with £23.60M in 2023, a change of -2.57%.
What cash in bank did NEWBEGIN CORPORATION LIMITED report in 2024?
NEWBEGIN CORPORATION LIMITED reported cash in bank of £314.95K for 2024. That compares with £393.83K in 2023, a change of -20.03%.
How many people does NEWBEGIN CORPORATION LIMITED employ?
NEWBEGIN CORPORATION LIMITED reported 305 employees in 2024, compared with 295 in 2023.
How have NEWBEGIN CORPORATION LIMITED financials changed over the last 3 years?
Between 2022 and 2024, NEWBEGIN CORPORATION LIMITED's net assets rose by 214%, cash in bank rose by 44.3%, total assets rose by 1% and total liabilities fell by 9.8%. Net assets compounded at 77.3% a year across the two years to 2024, from £1.10M to £3.47M. Reported headcount went from 273 in 2022 to 305 in 2024 (+32).
Which years of NEWBEGIN CORPORATION LIMITED financial data are available?
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.