MERRY HILL QSR (NO. 2) LIMITED Financials
- Company number
- 12344880Copy
Copy
- Registered office
- Church Court, Stourbridge Road, Halesowen, West Midlands B63 3TT
- Incorporated
- 02/12/2019
Company snapshot
- Status
- Active
- Employees
- 19 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
2023: £-26.13K
Total Assets
2023: £164.29K
Cash in Bank
2023: £86.97K
Total Liabilities
2023: £190.43K
Employees
2023: 17
In 2024, MERRY HILL QSR (NO. 2) LIMITED reported net assets of £-5.61K. The same filing shows total assets of £194.86K, cash in bank of £90.19K and total liabilities of £200.47K. Reported headcount was 19 in 2024. Total Assets rose from £164.29K in 2023 to £194.86K in 2024 (18.61%). Okredo holds filed figures for 2022–2024; 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
Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures MERRY HILL QSR (NO. 2) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Cash in Bank
+5.5% a year compound (CAGR)
Total Assets
-10.5% a year compound (CAGR)
Total Liabilities
+3.7% a year compound (CAGR)
Employees
Biggest increase
Employees+18.8%
16 in 2022 to 19 in 2024
Biggest decrease
Net Assets-110%
£56.67K in 2022 to £-5.61K in 2024
MERRY HILL QSR (NO. 2) 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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MERRY HILL QSR (NO. 2) 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
- -2.88%2024
- Liabilities to total assets
- 102.88%2024
- Cash to liabilities
- 44.99%2024
- Cash to total assets
- 46.29%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 MERRY HILL QSR (NO. 2) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 56.67K | -26.13K | -5.61K |
| Total Assets£ | 243.07K | 164.29K | 194.86K |
| Cash in Bank£ | 81.08K | 86.97K | 90.19K |
| Total Liabilities£ | 186.39K | 190.43K | 200.47K |
| Employees | 16 | 17 | 19 |
MERRY HILL QSR (NO. 2) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MERRY HILL QSR (NO. 2) LIMITED filed financial statements?
Yes. Okredo holds filed figures for MERRY HILL QSR (NO. 2) LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MERRY HILL QSR (NO. 2) LIMITED report in 2024?
MERRY HILL QSR (NO. 2) LIMITED reported net assets of £-5.61K for 2024. That compares with £-26.13K in 2023, a change of 78.53%.
What total assets did MERRY HILL QSR (NO. 2) LIMITED report in 2024?
MERRY HILL QSR (NO. 2) LIMITED reported total assets of £194.86K for 2024. That compares with £164.29K in 2023, a change of 18.61%.
What cash in bank did MERRY HILL QSR (NO. 2) LIMITED report in 2024?
MERRY HILL QSR (NO. 2) LIMITED reported cash in bank of £90.19K for 2024. That compares with £86.97K in 2023, a change of 3.71%.
How many people does MERRY HILL QSR (NO. 2) LIMITED employ?
MERRY HILL QSR (NO. 2) LIMITED reported 19 employees in 2024, compared with 17 in 2023.
How have MERRY HILL QSR (NO. 2) LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MERRY HILL QSR (NO. 2) LIMITED's net assets fell by 110%, cash in bank rose by 11.2%, total assets fell by 19.8% and total liabilities rose by 7.6%. Cash in bank compounded at 5.5% a year across the two years to 2024, from £81.08K to £90.19K. Reported headcount went from 16 in 2022 to 19 in 2024 (+3).
Which years of MERRY HILL QSR (NO. 2) LIMITED financial data are available?
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.