CARS 2 LIMITED Financials
- Company number
- 05738906CopyCopy
- Registered office
- Waldorf Way, Denby Dale Road, Wakefield, West Yorkshire WF2 8DH
- Incorporated
- 10/03/2006
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
2024: £27.21M
Total Assets
2024: £85.38M
Cash in Bank
2024: £12.46M
Total Liabilities
2024: £35.05M
Employees
2024: 3
In 2025, CARS 2 LIMITED reported net assets of £8.02M. The same filing shows total assets of £75.82M, cash in bank of £6.65M and total liabilities of £44.29M. Reported headcount was 3 in 2025. Net Assets fell from £27.21M in 2024 to £8.02M in 2025 (-70.53%). Okredo holds filed figures for 2022–2025; 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
Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures CARS 2 LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-43% a year compound (CAGR)
Cash in Bank
-22.4% a year compound (CAGR)
Total Assets
-6.4% a year compound (CAGR)
Total Liabilities
+6.9% a year compound (CAGR)
Employees
Biggest increase
Total Liabilities+14.3%
£38.77M in 2023 to £44.29M in 2025
Biggest decrease
Employees-98.7%
239 in 2023 to 3 in 2025
CARS 2 LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 CARS 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
- 10.58%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
- 58.42%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.
- Cash to liabilities
- 15.02%2025
- 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
- 8.78%2025
- 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 CARS 2 LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 21.38M | 24.72M | 27.21M | 8.02M |
| Total Assets£ | 67.10M | 86.61M | 85.38M | 75.82M |
| Cash in Bank£ | 15.84M | 11.06M | 12.46M | 6.65M |
| Total Liabilities£ | 28.54M | 38.77M | 35.05M | 44.29M |
| Employees | 221 | 239 | 3 | 3 |
CARS 2 LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for CARS 2 LIMITED covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
CARS 2 LIMITED reported net assets of £8.02M for 2025. That compares with £27.21M in 2024, a change of -70.53%.
CARS 2 LIMITED reported total assets of £75.82M for 2025. That compares with £85.38M in 2024, a change of -11.20%.
CARS 2 LIMITED reported cash in bank of £6.65M for 2025. That compares with £12.46M in 2024, a change of -46.58%.
CARS 2 LIMITED reported 3 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, CARS 2 LIMITED's net assets fell by 67.6%, cash in bank fell by 39.9%, total assets fell by 12.5% and total liabilities rose by 14.3%. Net assets contracted at 43% a year across the two years to 2025, from £24.72M to £8.02M. Reported headcount went from 239 in 2023 to 3 in 2025 (-236).
Okredo holds reported figures for the years 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.