HECNY FORWARDING LIMITED Financials
- Company number
- 02725719CopyCopy
- Registered office
- 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire WD6 1JD
- Incorporated
- 24/06/1992
Company snapshot
- Status
- Active
- Employees
- 79 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
21.96%vs 20232023: £1.23M
Total Assets
15.33%vs 20232023: £13.00M
Cash in Bank
11.46%vs 20232023: £3.56M
Total Liabilities
15.03%vs 20232023: £11.64M
Employees
+5vs 20232023: 74
In 2024, HECNY FORWARDING LIMITED reported net assets of £1.50M. The same filing shows total assets of £15.00M, cash in bank of £3.96M and total liabilities of £13.39M. Reported headcount was 79 in 2024. Total Assets rose from £13.00M in 2023 to £15.00M in 2024 (15.33%). 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
21.96%from £1.23M 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 HECNY FORWARDING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-37.2%vs 2022-20.8% a year compound (CAGR)
Cash in Bank
-63.6%vs 2022-39.7% a year compound (CAGR)
Total Assets
-34.8%vs 2022-19.2% a year compound (CAGR)
Total Liabilities
-34.3%vs 2022-19% a year compound (CAGR)
Employees
+14.5%vs 2022+10Biggest increase
Employees+14.5%
69 in 2022 to 79 in 2024
Biggest decrease
Cash in Bank-63.6%
£10.89M in 2022 to £3.96M in 2024
HECNY FORWARDING LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 HECNY FORWARDING 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
- 10.01%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
- 89.25%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
- 29.61%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
- 26.42%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 HECNY FORWARDING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 3.80M | 2.39M | 1.23M | 1.50M |
| Total Assets£ | 38.27M | 22.99M | 13.00M | 15.00M |
| Cash in Bank£ | 8.77M | 10.89M | 3.56M | 3.96M |
| Total Liabilities£ | 34.39M | 20.38M | 11.64M | 13.39M |
| Employees | 0 | 69 | 74 | 79 |
HECNY FORWARDING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HECNY FORWARDING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
HECNY FORWARDING LIMITED reported net assets of £1.50M for 2024. That compares with £1.23M in 2023, a change of 21.96%.
HECNY FORWARDING LIMITED reported total assets of £15.00M for 2024. That compares with £13.00M in 2023, a change of 15.33%.
HECNY FORWARDING LIMITED reported cash in bank of £3.96M for 2024. That compares with £3.56M in 2023, a change of 11.46%.
HECNY FORWARDING LIMITED reported 79 employees in 2024, compared with 74 in 2023.
Between 2022 and 2024, HECNY FORWARDING LIMITED's net assets fell by 37.2%, cash in bank fell by 63.6%, total assets fell by 34.8% and total liabilities fell by 34.3%. Net assets contracted at 20.8% a year across the two years to 2024, from £2.39M to £1.50M. Reported headcount went from 69 in 2022 to 79 in 2024 (+10).
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.