Tiger Lily Garments Ltd
Registered name: TIGER LILY GARMENTS LTD
Part of New Black Holding Limited groupTiger Lily Garments Ltd made £8.9m revenue and a £981k loss in the year to 31 Oct 2024.
Tiger Lily Garments Ltd’s revenue fell 31% to £8.9m in the year to 31 Oct 2024, with a loss of £981k and 15 employees. The company is classified under “manufacture of other knitted and crocheted apparel” and is based in Manchester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 15 yrs · since 2011
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company which is a wholly owned subsidiary of New Black Holding Limited is ultimately controlled by Anjum Suhail as a result of his 100% ownership of the shareholding of New Black Holding Limited.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 27 Oct 2021 | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £13.1m | £16.7m | £12.9m | £8.9m |
| Cost of sales | £11.3m | £15.7m | £12.1m | £8.3m |
| Gross profit | £1.8m | £999k | £780k | £569k |
| Operating profit | — | −£132k | £27.4k | −£967k |
| Profit before tax | £823k | −£132k | £28.5k | −£967k |
| Profit after tax | £645k | −£109k | £28.3k | −£981k |
| Profit (best available) | £645k | −£109k | £28.3k | −£981k |
| Staff costs | £345k | £492k | £367k | £380k |
| Employees (average) | 19 | 19 | 17 | 15 |
| Ratios | ||||
| Profit margin | 4.9% | −0.7% | 0.2% | −11.1% |
| Gross margin | 13.9% | 6% | 6% | 6.4% |
| Revenue per employee | £690k | £881k | £760k | £592k |
| Profit per employee | £34k | −£5.8k | £1.7k | −£65.4k |
| Cash conversion | — | — | −2236% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲27.7% | ▼22.8% | ▼31.3% |
| Profit growth | — | ▼116.9% | — | ▼3568% |
| Headcount growth | — | 0% | ▼10.5% | ▼11.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £7.8m | £815k | £346k | £35.9k |
| Net assets | — | £1.8m | £822k | −£660k |
| Fixed assets | £12.8k | £6.9k | £2.9k | £0 |
| Current assets | £12m | £6.9m | £4.6m | £2.5m |
| Debtors | £2m | £3.5m | £2.9m | £1.5m |
| Cash from operations | £652k | £1.1m | −£613k | −£187k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −11.1%
- Profit ÷ revenue.
- Gross margin
- 6.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £592k
- Revenue ÷ average employees.
- Profit per employee
- −£65.4k
- 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
- 17.1%
- 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
- ▼180%
- Now −£660k
- Cash at bank
- ▼90%
- Now £35.9k
- Headcount
- ▼12%
- Now 15
- Deferred income
- —
- Now —
- Fixed assets
- ▼100%
- Now £0
Group structure
Ownership chain
- New Black Holding Limitedultimate parent75–100%
- Tiger Lily Garments Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- New Black Investment LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit −£981k), from the Companies House accounts bulk data published Dec 2025. 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.