HEMISPHERE FREIGHT SERVICES LIMITED Financials
- Company number
- 02332841CopyCopy
- Registered office
- Hemisphere House, 53-65 White House Road, Ipswich, Suffolk IP1 5PB
- Incorporated
- 06/01/1989
Company snapshot
- Status
- Active
- Employees
- 167 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-0.10%vs 20232023: £4.64M
Total Assets
24.30%vs 20232023: £13.95M
Cash in Bank
-90.74%vs 20232023: £2.39M
Total Liabilities
-18.60%vs 20222022: £11.44M
Employees
+19vs 20232023: 148
In 2024, HEMISPHERE FREIGHT SERVICES LIMITED reported net assets of £4.64M. The same filing shows total assets of £17.34M, cash in bank of £221.07K and total liabilities of £9.31M. Reported headcount was 167 in 2024. Total Assets rose from £13.95M in 2023 to £17.34M in 2024 (24.30%). 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
-0.10%from £4.64M 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 HEMISPHERE FREIGHT SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+33.8%vs 2022+15.7% a year compound (CAGR)
Cash in Bank
+29%vs 2022+13.6% a year compound (CAGR)
Total Assets
+16.4%vs 2022+7.9% a year compound (CAGR)
Employees
+28.5%vs 2022+37Biggest increase
Net Assets+33.8%
£3.46M in 2022 to £4.64M in 2024
Every indicator Okredo holds for HEMISPHERE FREIGHT SERVICES LIMITED rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HEMISPHERE FREIGHT SERVICES 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
- 26.74%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
- 66.73%2023
- 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
- 25.65%2023
- 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
- 1.27%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 HEMISPHERE FREIGHT SERVICES 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£ | 2.09M | 3.46M | 4.64M | 4.64M |
| Total Assets£ | 12.23M | 14.90M | 13.95M | 17.34M |
| Cash in Bank£ | 197.49K | 171.42K | 2.39M | 221.07K |
| Total Liabilities£ | 10.13M | 11.44M | 9.31M | – |
| Employees | 121 | 130 | 148 | 167 |
HEMISPHERE FREIGHT SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HEMISPHERE FREIGHT SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
HEMISPHERE FREIGHT SERVICES LIMITED reported net assets of £4.64M for 2024. That compares with £4.64M in 2023, a change of -0.10%.
HEMISPHERE FREIGHT SERVICES LIMITED reported total assets of £17.34M for 2024. That compares with £13.95M in 2023, a change of 24.30%.
HEMISPHERE FREIGHT SERVICES LIMITED reported cash in bank of £221.07K for 2024. That compares with £2.39M in 2023, a change of -90.74%.
HEMISPHERE FREIGHT SERVICES LIMITED reported 167 employees in 2024, compared with 148 in 2023.
Between 2022 and 2024, HEMISPHERE FREIGHT SERVICES LIMITED's net assets rose by 33.8%, cash in bank rose by 29%, total assets rose by 16.4% and employee numbers rose by 28.5%. Net assets compounded at 15.7% a year across the two years to 2024, from £3.46M to £4.64M. Reported headcount went from 130 in 2022 to 167 in 2024 (+37).
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.