New Black Holding Limited
Registered name: NEW BLACK HOLDING LIMITED
New Black Holding Limited made £8.9m revenue and a £914k loss in the year to 31 Oct 2024. read from filing text
New Black Holding Limited’s revenue fell 31% to £8.9m in the year to 31 Oct 2024, with a loss of £914k and 15 employees. The company is classified under “activities of other holding companies” and is based in Manchester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £16.7m | £12.9m | £8.9m |
| Cost of sales | £15.7m | £12.1m | £8.3m |
| Gross profit | £999k | £780k | £569k |
| Operating profit | −£139k | £19k | −£975k |
| Profit before tax | −£139k | £45.1k | −£877k |
| Profit after tax | −£116k | £41.3k | −£914k |
| Profit (best available) | −£116k | £41.3k | −£914k |
| Employees (average) | 20 | 17 | 15 |
| Ratios | |||
| Profit margin | −0.7% | 0.3% | −10.3% |
| Gross margin | 6% | 6% | 6.4% |
| Revenue per employee | £837k | £760k | £592k |
| Profit per employee | −£5.8k | £2.4k | −£60.9k |
| Growth (year on year) | |||
| Revenue growth | — | ▼22.8% | ▼31.3% |
| Profit growth | — | — | ▼2312% |
| Headcount growth | — | ▼15% | ▼11.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £5.9m | £3m | £2.9k |
| Net assets | £6m | £513k | £477k |
| Fixed assets | £1 | £76 | £76 |
| Current assets | £6.7m | £3.9m | £703k |
| Debtors | £0 | £0 | £0 |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −10.3%
- Profit ÷ revenue.
- Gross margin
- 6.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £592k
- Revenue ÷ average employees.
- Profit per employee
- −£60.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼7%
- Now £477k
- Cash at bank
- ▼100%
- Now £2.9k
- Headcount
- ▼12%
- Now 15
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £76
Group structure
Subsidiaries (2)
- Tiger Lily Garments LtdRev. £8.9m · Profit −£981k
- New Black Investment LimitedFigures not disclosed
Minority corporate shareholders
- Red River Investment Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit −£914k), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.