NEWGROUND CIC Financials
- Company number
- 02584952Copy
Copy - Registered office
- Prospect House, Wharf Street, Blackburn BB1 1JD
- Incorporated
- 22/02/1991
Company snapshot
- Status
- Active
- Employees
- 112 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
43.11%vs 20232023: £1.01M
Total Assets
22.08%vs 20232023: £3.17M
Cash in Bank
72.52%vs 20232023: £1.15M
Total Liabilities
14.65%vs 20232023: £2.00M
Employees
-10vs 20232023: 122
In 2024, NEWGROUND CIC reported net assets of £1.45M. The same filing shows total assets of £3.88M, cash in bank of £1.98M and total liabilities of £2.29M. Reported headcount was 112 in 2024. Cash in Bank rose from £1.15M in 2023 to £1.98M in 2024 (72.52%). 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
43.11%from £1.01M 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 NEWGROUND CIC filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+11.6%vs 2022+5.6% a year compound (CAGR)
Cash in Bank
+32.4%vs 2022+15.1% a year compound (CAGR)
Total Assets
+7.4%vs 2022+3.6% a year compound (CAGR)
Total Liabilities
+8.4%vs 2022+4.1% a year compound (CAGR)
Employees
-3.4%vs 2022-4Biggest increase
Cash in Bank+32.4%
£1.49M in 2022 to £1.98M in 2024
Biggest decrease
Employees-3.4%
116 in 2022 to 112 in 2024
NEWGROUND CIC'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 NEWGROUND CIC'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
- 37.41%2024
- Liabilities to total assets
- 59.15%2024
- Cash to liabilities
- 86.31%2024
- Cash to total assets
- 51.06%2024
- Revenue per employee
- £40.39K2024
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.
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for NEWGROUND CIC by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 1.30M | 1.01M | 1.45M |
| Total Assets£ | 3.61M | 3.17M | 3.88M |
| Cash in Bank£ | 1.49M | 1.15M | 1.98M |
| Total Liabilities£ | 2.11M | 2.00M | 2.29M |
| Employees | 116 | 122 | 112 |
NEWGROUND CIC financials: frequently asked questions
Answered from this company's own filed figures.
Has NEWGROUND CIC filed financial statements?
Yes. Okredo holds filed figures for NEWGROUND CIC covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did NEWGROUND CIC report in 2024?
NEWGROUND CIC reported net assets of £1.45M for 2024. That compares with £1.01M in 2023, a change of 43.11%.
What total assets did NEWGROUND CIC report in 2024?
NEWGROUND CIC reported total assets of £3.88M for 2024. That compares with £3.17M in 2023, a change of 22.08%.
What cash in bank did NEWGROUND CIC report in 2024?
NEWGROUND CIC reported cash in bank of £1.98M for 2024. That compares with £1.15M in 2023, a change of 72.52%.
How many people does NEWGROUND CIC employ?
NEWGROUND CIC reported 112 employees in 2024, compared with 122 in 2023.
How have NEWGROUND CIC financials changed over the last 3 years?
Between 2022 and 2024, NEWGROUND CIC's net assets rose by 11.6%, cash in bank rose by 32.4%, total assets rose by 7.4% and total liabilities rose by 8.4%. Net assets compounded at 5.6% a year across the two years to 2024, from £1.30M to £1.45M. Reported headcount went from 116 in 2022 to 112 in 2024 (-4).
Which years of NEWGROUND CIC 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.