2 WHEELS LIMITED Financials
- Company number
- 04650552CopyCopy
- Industry
- Sale maintenance and repair of motorcycles and related parts and accessories (45.40 - SIC 2007)
- Registered office
- 101 Whitehall Road, Colchester CO2 8HA
- Incorporated
- 29/01/2003
Company snapshot
- Status
- Active
- Employees
- 2 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-3.79%vs 20242024: £332.28K
Total Assets
-1.72%vs 20242024: £356.15K
Total Liabilities
27.08%vs 20242024: £23.87K
Employees
-1vs 20242024: 3
In 2025, 2 WHEELS LIMITED reported net assets of £319.69K. The same filing shows total assets of £350.02K and total liabilities of £30.33K. Reported headcount was 2 in 2025. Net Assets fell from £332.28K in 2024 to £319.69K in 2025 (-3.79%). 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
-3.79%from £332.28K 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 2 WHEELS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-0.7%vs 2023-0.4% a year compound (CAGR)
Total Assets
-1.5%vs 2023-0.7% a year compound (CAGR)
Total Liabilities
-9.1%vs 2023-4.7% a year compound (CAGR)
Employees
-50%vs 2023-2Biggest decrease
Employees-50%
4 in 2023 to 2 in 2025
Every indicator Okredo holds for 2 WHEELS LIMITED fell between 2023 and 2025. The steepest fall came in employee numbers, pointing to a smaller workforce, with net assets, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from 2 WHEELS 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
- 91.33%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
- 8.67%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for 2 WHEELS 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£ | 336.32K | 330.04K | 321.95K | 332.28K | 319.69K |
| Total Assets£ | 369.06K | 359.31K | 355.32K | 356.15K | 350.02K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 32.73K | 29.27K | 33.37K | 23.87K | 30.33K |
| Employees | 4 | 4 | 4 | 3 | 2 |
2 WHEELS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for 2 WHEELS LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
2 WHEELS LIMITED reported net assets of £319.69K for 2025. That compares with £332.28K in 2024, a change of -3.79%.
2 WHEELS LIMITED reported total assets of £350.02K for 2025. That compares with £356.15K in 2024, a change of -1.72%.
2 WHEELS LIMITED reported total liabilities of £30.33K for 2025. That compares with £23.87K in 2024, a change of 27.08%.
2 WHEELS LIMITED reported 2 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, 2 WHEELS LIMITED's net assets fell by 0.7%, total assets fell by 1.5%, total liabilities fell by 9.1% and employee numbers fell by 50%. Net assets contracted at 0.4% a year across the two years to 2025, from £321.95K to £319.69K. Reported headcount went from 4 in 2023 to 2 in 2025 (-2).
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.