CARS & VANS 2 HIRE LTD Financials
- Company number
- 11416691CopyCopy
- Registered office
- Ormston House, Eastboro Way, Nuneaton CV11 6SQ
- Incorporated
- 14/06/2018
Company snapshot
- Status
- Active
- Employees
- 13 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
2.02%vs 20232023: £1.55M
Total Assets
-30.11%vs 20232023: £9.70M
Cash in Bank
46.17%vs 20232023: £47.10K
Total Liabilities
4.89%vs 20232023: £4.95M
Employees
0vs 20232023: 13
In 2024, CARS & VANS 2 HIRE LTD reported net assets of £1.59M. The same filing shows total assets of £6.78M, cash in bank of £68.84K and total liabilities of £5.19M. Reported headcount was 13 in 2024. Total Assets fell from £9.70M in 2023 to £6.78M in 2024 (-30.11%). 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
2.02%from £1.55M 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 CARS & VANS 2 HIRE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+385%vs 2022+120% a year compound (CAGR)
Cash in Bank
-63.9%vs 2022-39.9% a year compound (CAGR)
Total Assets
+133%vs 2022+52.6% a year compound (CAGR)
Total Liabilities
+147%vs 2022+57.3% a year compound (CAGR)
Employees
+62.5%vs 2022+5Biggest increase
Net Assets+385%
£327.04K in 2022 to £1.59M in 2024
Biggest decrease
Cash in Bank-63.9%
£190.48K in 2022 to £68.84K in 2024
CARS & VANS 2 HIRE LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CARS & VANS 2 HIRE 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
- 23.39%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
- 76.61%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
- 1.33%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
- 1.02%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 CARS & VANS 2 HIRE 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£ | 14.44K | 327.04K | 1.55M | 1.59M |
| Total Assets£ | 1.21M | 2.91M | 9.70M | 6.78M |
| Cash in Bank£ | 14.23K | 190.48K | 47.10K | 68.84K |
| Total Liabilities£ | 905.01K | 2.10M | 4.95M | 5.19M |
| Employees | 2 | 8 | 13 | 13 |
CARS & VANS 2 HIRE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for CARS & VANS 2 HIRE LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
CARS & VANS 2 HIRE LTD reported net assets of £1.59M for 2024. That compares with £1.55M in 2023, a change of 2.02%.
CARS & VANS 2 HIRE LTD reported total assets of £6.78M for 2024. That compares with £9.70M in 2023, a change of -30.11%.
CARS & VANS 2 HIRE LTD reported cash in bank of £68.84K for 2024. That compares with £47.10K in 2023, a change of 46.17%.
CARS & VANS 2 HIRE LTD reported 13 employees in 2024, compared with 13 in 2023.
Between 2022 and 2024, CARS & VANS 2 HIRE LTD's net assets rose by 385%, cash in bank fell by 63.9%, total assets rose by 133% and total liabilities rose by 147%. Net assets compounded at 120% a year across the two years to 2024, from £327.04K to £1.59M. Reported headcount went from 8 in 2022 to 13 in 2024 (+5).
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.