G2 REFRIGERATION & AIR CONDITIONING LTD. Financials
- Company number
- SC409277CopyCopy
- Registered office
- 1 Cambuslang Court, Cambuslang, Glasgow, Strathclyde G32 8FH
- Incorporated
- 12/10/2011
Company snapshot
- Status
- Active
- Employees
- 12 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
19.46%vs 20232023: £42.82K
Total Assets
4.81%vs 20232023: £561.29K
Cash in Bank
-43.10%vs 20232023: £70.71K
Total Liabilities
1.90%vs 20232023: £407.59K
Employees
+1vs 20232023: 11
In 2024, G2 REFRIGERATION & AIR CONDITIONING LTD. reported net assets of £51.15K. The same filing shows total assets of £588.29K, cash in bank of £40.24K and total liabilities of £415.33K. Reported headcount was 12 in 2024. Cash in Bank fell from £70.71K in 2023 to £40.24K in 2024 (-43.10%). 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
19.46%from £42.82K 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 G2 REFRIGERATION & AIR CONDITIONING LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-64.6%vs 2022-40.5% a year compound (CAGR)
Cash in Bank
-53.5%vs 2022-31.8% a year compound (CAGR)
Total Assets
+13.3%vs 2022+6.4% a year compound (CAGR)
Total Liabilities
+33.4%vs 2022+15.5% a year compound (CAGR)
Employees
+20%vs 2022+2Biggest increase
Total Liabilities+33.4%
£311.26K in 2022 to £415.33K in 2024
Biggest decrease
Net Assets-64.6%
£144.49K in 2022 to £51.15K in 2024
G2 REFRIGERATION & AIR CONDITIONING LTD.'s filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from G2 REFRIGERATION & AIR CONDITIONING 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
- 8.69%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
- 70.60%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
- 9.69%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
- 6.84%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 G2 REFRIGERATION & AIR CONDITIONING 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£ | 95.34K | 144.49K | 42.82K | 51.15K |
| Total Assets£ | 412.85K | 519.27K | 561.29K | 588.29K |
| Cash in Bank£ | 103.73K | 86.46K | 70.71K | 40.24K |
| Total Liabilities£ | 246.94K | 311.26K | 407.59K | 415.33K |
| Employees | 10 | 10 | 11 | 12 |
G2 REFRIGERATION & AIR CONDITIONING LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for G2 REFRIGERATION & AIR CONDITIONING LTD. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
G2 REFRIGERATION & AIR CONDITIONING LTD. reported net assets of £51.15K for 2024. That compares with £42.82K in 2023, a change of 19.46%.
G2 REFRIGERATION & AIR CONDITIONING LTD. reported total assets of £588.29K for 2024. That compares with £561.29K in 2023, a change of 4.81%.
G2 REFRIGERATION & AIR CONDITIONING LTD. reported cash in bank of £40.24K for 2024. That compares with £70.71K in 2023, a change of -43.10%.
G2 REFRIGERATION & AIR CONDITIONING LTD. reported 12 employees in 2024, compared with 11 in 2023.
Between 2022 and 2024, G2 REFRIGERATION & AIR CONDITIONING LTD.'s net assets fell by 64.6%, cash in bank fell by 53.5%, total assets rose by 13.3% and total liabilities rose by 33.4%. Net assets contracted at 40.5% a year across the two years to 2024, from £144.49K to £51.15K. Reported headcount went from 10 in 2022 to 12 in 2024 (+2).
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.