AXESS 2 LIMITED Financials
- Company number
- 05268783CopyCopy
- Registered office
- Unit 7 Deanfield Drive, Link 59 Business Park, Clitheroe, Lancashire BB7 1QJ
- Incorporated
- 25/10/2004
Company snapshot
- Status
- Active
- Employees
- 14 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
5.59%vs 20222022: £221.86K
Total Assets
2.04%vs 20222022: £1.28M
Cash in Bank
-46.56%vs 20222022: £293.56K
Total Liabilities
1.29%vs 20222022: £1.06M
Employees
-1vs 20222022: 15
In 2023, AXESS 2 LIMITED reported net assets of £234.27K. The same filing shows total assets of £1.31M, cash in bank of £156.90K and total liabilities of £1.07M. Reported headcount was 14 in 2023. Cash in Bank fell from £293.56K in 2022 to £156.90K in 2023 (-46.56%). Okredo holds filed figures for 2021–2023; 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
5.59%from £221.86K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures AXESS 2 LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-16.6%vs 2021-8.7% a year compound (CAGR)
Cash in Bank
-69.1%vs 2021-44.4% a year compound (CAGR)
Total Assets
-23.8%vs 2021-12.7% a year compound (CAGR)
Total Liabilities
-25.2%vs 2021-13.5% a year compound (CAGR)
Employees
-6.7%vs 2021-1Biggest decrease
Cash in Bank-69.1%
£507.10K in 2021 to £156.90K in 2023
Every indicator Okredo holds for AXESS 2 LIMITED fell between 2021 and 2023. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from AXESS 2 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
- 17.91%2023
- 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
- 82.09%2023
- 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
- 14.61%2023
- 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
- 11.99%2023
- 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 AXESS 2 LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 280.77K | 221.86K | 234.27K |
| Total Assets£ | 1.72M | 1.28M | 1.31M |
| Cash in Bank£ | 507.10K | 293.56K | 156.90K |
| Total Liabilities£ | 1.44M | 1.06M | 1.07M |
| Employees | 15 | 15 | 14 |
AXESS 2 LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for AXESS 2 LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
AXESS 2 LIMITED reported net assets of £234.27K for 2023. That compares with £221.86K in 2022, a change of 5.59%.
AXESS 2 LIMITED reported total assets of £1.31M for 2023. That compares with £1.28M in 2022, a change of 2.04%.
AXESS 2 LIMITED reported cash in bank of £156.90K for 2023. That compares with £293.56K in 2022, a change of -46.56%.
AXESS 2 LIMITED reported 14 employees in 2023, compared with 15 in 2022.
Between 2021 and 2023, AXESS 2 LIMITED's net assets fell by 16.6%, cash in bank fell by 69.1%, total assets fell by 23.8% and total liabilities fell by 25.2%. Net assets contracted at 8.7% a year across the two years to 2023, from £280.77K to £234.27K. Reported headcount went from 15 in 2021 to 14 in 2023 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.