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NO1 BRITISH TEXTILES RECYCLING LTD Financials

Company number
11843296Copy
Copy
Registered office
2a Warwick House Green Lane, Featherstone, Pontefract, West Yorkshire WF7 6EH
Incorporated
25/02/2019

Company snapshot

Status
Active
Employees
3 (2023)
Latest financial data
2023
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£833.002023
-71.27%vs 2022

2022: £2.90K

Total Assets

£67.99K2023
-27.67%vs 2022

2022: £94.00K

Total Liabilities

£67.16K2023
-26.28%vs 2022

2022: £91.10K

Employees

32023
-2vs 2022

2022: 5

In 2023, NO1 BRITISH TEXTILES RECYCLING LTD reported net assets of £833.00. The same filing shows total assets of £67.99K and total liabilities of £67.16K. Reported headcount was 3 in 2023. Total Assets fell from £94.00K in 2022 to £67.99K in 2023 (-27.67%). 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

£833.002023
-71.27%from £2.90K in 2022

Year-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 NO1 BRITISH TEXTILES RECYCLING LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£3.35K2021£833.002023
-75.1%vs 2021

-50.1% a year compound (CAGR)

Total Assets

£61.83K2021£67.99K2023
+10%vs 2021

+4.9% a year compound (CAGR)

Total Liabilities

£58.48K2021£67.16K2023
+14.8%vs 2021

+7.2% a year compound (CAGR)

Employees

10202132023
-70%vs 2021-7

Biggest increase

Total Liabilities+14.8%

£58.48K in 2021 to £67.16K in 2023

Biggest decrease

Net Assets-75.1%

£3.35K in 2021 to £833.00 in 2023

NO1 BRITISH TEXTILES RECYCLING LTD'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from NO1 BRITISH TEXTILES RECYCLING 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
1.23%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
98.77%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for NO1 BRITISH TEXTILES RECYCLING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£3.35K2.90K833.00
Total Assets£61.83K94.00K67.99K
Cash in Bank£–––
Total Liabilities£58.48K91.10K67.16K
Employees1053

NO1 BRITISH TEXTILES RECYCLING LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for NO1 BRITISH TEXTILES RECYCLING LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.

NO1 BRITISH TEXTILES RECYCLING LTD reported net assets of £833.00 for 2023. That compares with £2.90K in 2022, a change of -71.27%.

NO1 BRITISH TEXTILES RECYCLING LTD reported total assets of £67.99K for 2023. That compares with £94.00K in 2022, a change of -27.67%.

NO1 BRITISH TEXTILES RECYCLING LTD reported total liabilities of £67.16K for 2023. That compares with £91.10K in 2022, a change of -26.28%.

NO1 BRITISH TEXTILES RECYCLING LTD reported 3 employees in 2023, compared with 5 in 2022.

Between 2021 and 2023, NO1 BRITISH TEXTILES RECYCLING LTD's net assets fell by 75.1%, total assets rose by 10%, total liabilities rose by 14.8% and employee numbers fell by 70%. Net assets contracted at 50.1% a year across the two years to 2023, from £3.35K to £833.00. Reported headcount went from 10 in 2021 to 3 in 2023 (-7).

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.