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MERRY HILL QSR (NO. 2) LIMITED Financials

Company number
12344880Copy
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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

£-5.61K2024
78.53%vs 2023

2023: £-26.13K

Total Assets

£194.86K2024
18.61%vs 2023

2023: £164.29K

Cash in Bank

£90.19K2024
3.71%vs 2023

2023: £86.97K

Total Liabilities

£200.47K2024
5.28%vs 2023

2023: £190.43K

Employees

192024
+2vs 2023

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

£-5.61K2024
78.53%from £-26.13K in 2023

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

£56.67K2022£-5.61K2024
-110%vs 2022

Cash in Bank

£81.08K2022£90.19K2024
+11.2%vs 2022

+5.5% a year compound (CAGR)

Total Assets

£243.07K2022£194.86K2024
-19.8%vs 2022

-10.5% a year compound (CAGR)

Total Liabilities

£186.39K2022£200.47K2024
+7.6%vs 2022

+3.7% a year compound (CAGR)

Employees

162022192024
+18.8%vs 2022+3

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

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
102.88%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
44.99%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
46.29%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 MERRY HILL QSR (NO. 2) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£56.67K-26.13K-5.61K
Total Assets£243.07K164.29K194.86K
Cash in Bank£81.08K86.97K90.19K
Total Liabilities£186.39K190.43K200.47K
Employees161719

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?

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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?

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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?

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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?

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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?

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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?

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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?

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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.