HANOVER FLOORING LIMITED Financials
- Company number
- 03120403CopyCopy
- Registered office
- C/O Walkers Accountants Ltd Aireside House, Royd Ings Avenue, Keighley BD21 4BZ
- Incorporated
- 31/10/1995
Company snapshot
- Status
- Active
- Employees
- 21 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2023–2025.
Net Assets
250.16%vs 20242024: £-6.16M
Total Assets
-1.58%vs 20242024: £16.85M
Cash in Bank
694.53%vs 20242024: £299.47K
Total Liabilities
-71.46%vs 20242024: £22.20M
Employees
0vs 20242024: 21
In 2025, HANOVER FLOORING LIMITED reported net assets of £9.25M. The same filing shows total assets of £16.58M, cash in bank of £2.38M and total liabilities of £6.34M. Reported headcount was 21 in 2025. Total Liabilities fell from £22.20M in 2024 to £6.34M in 2025 (-71.46%). Okredo holds filed figures for 2023–2025; 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
250.16%from £-6.16M in 2024Year-on-year change
Net Assets as filed for 2023–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures HANOVER FLOORING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Increasedvs 2023Cash in Bank
+198%vs 2023+72.5% a year compound (CAGR)
Total Assets
-37.1%vs 2023-20.7% a year compound (CAGR)
Total Liabilities
-73.9%vs 2023-49% a year compound (CAGR)
Employees
+16.7%vs 2023+3Biggest increase
Cash in Bank+198%
£799.62K in 2023 to £2.38M in 2025
Biggest decrease
Total Liabilities-73.9%
£24.32M in 2023 to £6.34M in 2025
HANOVER FLOORING LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HANOVER FLOORING 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
- 55.80%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
- 38.22%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
- 37.55%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
- 14.35%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £975.13K2025
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for HANOVER FLOORING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2023 | 2024 | 2025 |
|---|---|---|---|
| Net Assets£ | -2.39M | -6.16M | 9.25M |
| Total Assets£ | 26.37M | 16.85M | 16.58M |
| Cash in Bank£ | 799.62K | 299.47K | 2.38M |
| Total Liabilities£ | 24.32M | 22.20M | 6.34M |
| Employees | 18 | 21 | 21 |
HANOVER FLOORING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HANOVER FLOORING LIMITED covering 2023–2025, across 5 reported indicators. The most recent reported year is 2025.
HANOVER FLOORING LIMITED reported net assets of £9.25M for 2025. That compares with £-6.16M in 2024, a change of 250.16%.
HANOVER FLOORING LIMITED reported total assets of £16.58M for 2025. That compares with £16.85M in 2024, a change of -1.58%.
HANOVER FLOORING LIMITED reported cash in bank of £2.38M for 2025. That compares with £299.47K in 2024, a change of 694.53%.
HANOVER FLOORING LIMITED reported 21 employees in 2025, compared with 21 in 2024.
Between 2023 and 2025, HANOVER FLOORING LIMITED's cash in bank rose by 198%, total assets fell by 37.1%, total liabilities fell by 73.9% and employee numbers rose by 16.7%. Cash in bank compounded at 72.5% a year across the two years to 2025, from £799.62K to £2.38M. Reported headcount went from 18 in 2023 to 21 in 2025 (+3).
Okredo holds reported figures for the years 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.