THE NEW EUROPEAN LTD Financials
- Company number
- 13096229CopyCopy
- Registered office
- 187 King's Cross Road, London WC1X 9DB
- Incorporated
- 22/12/2020
Company snapshot
- Status
- Active
- Employees
- 11 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-12.57%vs 20232023: £610.46K
Total Assets
-7.06%vs 20232023: £1.41M
Cash in Bank
-8.63%vs 20232023: £903.94K
Total Liabilities
-2.96%vs 20232023: £790.98K
Employees
0vs 20232023: 11
In 2024, THE NEW EUROPEAN LTD reported net assets of £533.70K. The same filing shows total assets of £1.31M, cash in bank of £825.96K and total liabilities of £767.60K. Reported headcount was 11 in 2024. Total Assets fell from £1.41M in 2023 to £1.31M in 2024 (-7.06%). 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
-12.57%from £610.46K 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 THE NEW EUROPEAN LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-42.4%vs 2022-24.1% a year compound (CAGR)
Cash in Bank
-2.8%vs 2022-1.4% a year compound (CAGR)
Total Assets
-4.8%vs 2022-2.4% a year compound (CAGR)
Total Liabilities
+74.9%vs 2022+32.3% a year compound (CAGR)
Employees
+10%vs 2022+1Biggest increase
Total Liabilities+74.9%
£438.78K in 2022 to £767.60K in 2024
Biggest decrease
Net Assets-42.4%
£926.72K in 2022 to £533.70K in 2024
THE NEW EUROPEAN 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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THE NEW EUROPEAN 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
- 40.80%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.
- Liabilities to total assets
- 58.68%2024
- 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
- 107.60%2024
- 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
- 63.14%2024
- 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 THE NEW EUROPEAN 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£ | 522.83K | 926.72K | 610.46K | 533.70K |
| Total Assets£ | 829.45K | 1.37M | 1.41M | 1.31M |
| Cash in Bank£ | 272.72K | 849.54K | 903.94K | 825.96K |
| Total Liabilities£ | 298.55K | 438.78K | 790.98K | 767.60K |
| Employees | 6 | 10 | 11 | 11 |
THE NEW EUROPEAN LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THE NEW EUROPEAN LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
THE NEW EUROPEAN LTD reported net assets of £533.70K for 2024. That compares with £610.46K in 2023, a change of -12.57%.
THE NEW EUROPEAN LTD reported total assets of £1.31M for 2024. That compares with £1.41M in 2023, a change of -7.06%.
THE NEW EUROPEAN LTD reported cash in bank of £825.96K for 2024. That compares with £903.94K in 2023, a change of -8.63%.
THE NEW EUROPEAN LTD reported 11 employees in 2024, compared with 11 in 2023.
Between 2022 and 2024, THE NEW EUROPEAN LTD's net assets fell by 42.4%, cash in bank fell by 2.8%, total assets fell by 4.8% and total liabilities rose by 74.9%. Net assets contracted at 24.1% a year across the two years to 2024, from £926.72K to £533.70K. Reported headcount went from 10 in 2022 to 11 in 2024 (+1).
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.