SPIN-IT LIMITED Financials
- Company number
- 06701104CopyCopy
- Registered office
- Unit 1 Brabazon Court Borman, Lichfield Road Industrial Estatte, Tamworth B79 7TA
- Incorporated
- 18/09/2008
Company snapshot
- Status
- Active
- Employees
- 9 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
60.87%vs 20242024: £-56.77K
Total Assets
3.17%vs 20242024: £167.44K
Cash in Bank
14.29%vs 20242024: £42.00
Total Liabilities
-9.37%vs 20242024: £214.57K
Employees
-1vs 20242024: 10
In 2025, SPIN-IT LIMITED reported net assets of £-22.22K. The same filing shows total assets of £172.75K, cash in bank of £48.00 and total liabilities of £194.46K. Reported headcount was 9 in 2025. Net Assets rose from £-56.77K in 2024 to £-22.22K in 2025 (60.87%). Okredo holds filed figures for 2021–2025; 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
60.87%from £-56.77K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures SPIN-IT LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Increasedvs 2023Cash in Bank
-98.3%vs 2023-87% a year compound (CAGR)
Total Assets
-1.4%vs 2023-0.7% a year compound (CAGR)
Total Liabilities
-29.8%vs 2023-16.2% a year compound (CAGR)
Employees
Increasedvs 2023+19Biggest decrease
Cash in Bank-98.3%
£2.83K in 2023 to £48.00 in 2025
SPIN-IT LIMITED's filings pull in both directions between 2023 and 2025. The steepest fall came in cash in bank, pointing to a tighter cash position, with total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SPIN-IT 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
- -12.86%2025
- 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
- 112.57%2025
- 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
- 0.02%2025
- 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
- 0.03%2025
- 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 SPIN-IT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | -11.51K | -20.77K | -101.70K | -56.77K | -22.22K |
| Total Assets£ | 292.58K | 353.08K | 175.22K | 167.44K | 172.75K |
| Cash in Bank£ | 65.40K | 51.38K | 2.83K | 42.00 | 48.00 |
| Total Liabilities£ | 304.09K | 373.84K | 276.92K | 214.57K | 194.46K |
| Employees | 8 | 8 | -10 | 10 | 9 |
SPIN-IT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPIN-IT LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
SPIN-IT LIMITED reported net assets of £-22.22K for 2025. That compares with £-56.77K in 2024, a change of 60.87%.
SPIN-IT LIMITED reported total assets of £172.75K for 2025. That compares with £167.44K in 2024, a change of 3.17%.
SPIN-IT LIMITED reported cash in bank of £48.00 for 2025. That compares with £42.00 in 2024, a change of 14.29%.
SPIN-IT LIMITED reported 9 employees in 2025, compared with 10 in 2024.
Between 2023 and 2025, SPIN-IT LIMITED's cash in bank fell by 98.3%, total assets fell by 1.4% and total liabilities fell by 29.8%. Cash in bank contracted at 87% a year across the two years to 2025, from £2.83K to £48.00. Reported headcount went from -10 in 2023 to 9 in 2025 (+19).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.