2 U TYRES LIMITED Financials
- Company number
- 04970402CopyCopy
- Registered office
- C/O LANDI ACCOUNTING SOLUTIONS LTD, 62 Stakes Road, Waterlooville, Hampshire PO7 5NT
- Incorporated
- 20/11/2003
Company snapshot
- Status
- Active
- Employees
- 18 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-1.17%vs 20232023: £289.75K
Total Assets
-1.78%vs 20232023: £746.97K
Cash in Bank
-11.55%vs 20232023: £467.64K
Total Liabilities
-4.49%vs 20232023: £416.22K
Employees
0vs 20232023: 18
In 2024, 2 U TYRES LIMITED reported net assets of £286.37K. The same filing shows total assets of £733.69K, cash in bank of £413.61K and total liabilities of £397.53K. Reported headcount was 18 in 2024. Cash in Bank fell from £467.64K in 2023 to £413.61K in 2024 (-11.55%). 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
-1.17%from £289.75K 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 2 U TYRES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+13.3%vs 2022+6.4% a year compound (CAGR)
Cash in Bank
+37.6%vs 2022+17.3% a year compound (CAGR)
Total Assets
+12.6%vs 2022+6.1% a year compound (CAGR)
Total Liabilities
+12.7%vs 2022+6.1% a year compound (CAGR)
Employees
-5.3%vs 2022-1Biggest increase
Cash in Bank+37.6%
£300.51K in 2022 to £413.61K in 2024
Biggest decrease
Employees-5.3%
19 in 2022 to 18 in 2024
2 U TYRES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from 2 U TYRES 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
- 39.03%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
- 54.18%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
- 104.04%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
- 56.37%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 2 U TYRES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 219.08K | 252.81K | 289.75K | 286.37K |
| Total Assets£ | 515.12K | 651.36K | 746.97K | 733.69K |
| Cash in Bank£ | 283.95K | 300.51K | 467.64K | 413.61K |
| Total Liabilities£ | 283.73K | 352.88K | 416.22K | 397.53K |
| Employees | 0 | 19 | 18 | 18 |
2 U TYRES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for 2 U TYRES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
2 U TYRES LIMITED reported net assets of £286.37K for 2024. That compares with £289.75K in 2023, a change of -1.17%.
2 U TYRES LIMITED reported total assets of £733.69K for 2024. That compares with £746.97K in 2023, a change of -1.78%.
2 U TYRES LIMITED reported cash in bank of £413.61K for 2024. That compares with £467.64K in 2023, a change of -11.55%.
2 U TYRES LIMITED reported 18 employees in 2024, compared with 18 in 2023.
Between 2022 and 2024, 2 U TYRES LIMITED's net assets rose by 13.3%, cash in bank rose by 37.6%, total assets rose by 12.6% and total liabilities rose by 12.7%. Net assets compounded at 6.4% a year across the two years to 2024, from £252.81K to £286.37K. Reported headcount went from 19 in 2022 to 18 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.