2ND GENERATION BUILDING SERVICES LTD Financials
- Company number
- 07720629CopyCopy
- Registered office
- The Joint Works, 45 Frederick St, Birmingham, West Midlands B1 3HN
- Incorporated
- 27/07/2011
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
51.99%vs 20232023: £166.81K
Total Assets
55.06%vs 20232023: £497.20K
Cash in Bank
12.18%vs 20232023: £344.49K
Total Liabilities
58.27%vs 20232023: £323.84K
Employees
0vs 20232023: 5
In 2024, 2ND GENERATION BUILDING SERVICES LTD reported net assets of £253.53K. The same filing shows total assets of £770.94K, cash in bank of £386.45K and total liabilities of £512.53K. Reported headcount was 5 in 2024. Total Assets rose from £497.20K in 2023 to £770.94K in 2024 (55.06%). 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
51.99%from £166.81K 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 2ND GENERATION BUILDING SERVICES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+164%vs 2022+62.6% a year compound (CAGR)
Cash in Bank
+146%vs 2022+56.9% a year compound (CAGR)
Total Assets
+199%vs 2022+72.8% a year compound (CAGR)
Total Liabilities
+216%vs 2022+77.7% a year compound (CAGR)
Employees
+25%vs 2022+1Biggest increase
Total Liabilities+216%
£162.25K in 2022 to £512.53K in 2024
Every indicator Okredo holds for 2ND GENERATION BUILDING SERVICES LTD rose between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from 2ND GENERATION BUILDING SERVICES 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
- 32.89%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
- 66.48%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
- 75.40%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
- 50.13%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 2ND GENERATION BUILDING SERVICES 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£ | 56.89K | 95.95K | 166.81K | 253.53K |
| Total Assets£ | 369.19K | 258.20K | 497.20K | 770.94K |
| Cash in Bank£ | 167.70K | 156.99K | 344.49K | 386.45K |
| Total Liabilities£ | 312.30K | 162.25K | 323.84K | 512.53K |
| Employees | 3 | 4 | 5 | 5 |
2ND GENERATION BUILDING SERVICES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for 2ND GENERATION BUILDING SERVICES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
2ND GENERATION BUILDING SERVICES LTD reported net assets of £253.53K for 2024. That compares with £166.81K in 2023, a change of 51.99%.
2ND GENERATION BUILDING SERVICES LTD reported total assets of £770.94K for 2024. That compares with £497.20K in 2023, a change of 55.06%.
2ND GENERATION BUILDING SERVICES LTD reported cash in bank of £386.45K for 2024. That compares with £344.49K in 2023, a change of 12.18%.
2ND GENERATION BUILDING SERVICES LTD reported 5 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, 2ND GENERATION BUILDING SERVICES LTD's net assets rose by 164%, cash in bank rose by 146%, total assets rose by 199% and total liabilities rose by 216%. Net assets compounded at 62.6% a year across the two years to 2024, from £95.95K to £253.53K. Reported headcount went from 4 in 2022 to 5 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.