NET2TEL LIMITED Financials
- Company number
- 04838735CopyCopy
- Registered office
- Unit 3 Stanley Court Shearway Business Park, Shearway Road, Folkestone, Kent CT19 4FJ
- Incorporated
- 19/07/2003
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-58.69%vs 20242024: £56.57K
Total Assets
-41.98%vs 20242024: £131.70K
Cash in Bank
-31.08%vs 20242024: £99.43K
Total Liabilities
-29.41%vs 20242024: £75.13K
Employees
0vs 20242024: 3
In 2025, NET2TEL LIMITED reported net assets of £23.37K. The same filing shows total assets of £76.41K, cash in bank of £68.53K and total liabilities of £53.04K. Reported headcount was 3 in 2025. Total Assets fell from £131.70K in 2024 to £76.41K in 2025 (-41.98%). Okredo holds filed figures for 2021–2025; 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
-58.69%from £56.57K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures NET2TEL LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-75.1%vs 2023-50.1% a year compound (CAGR)
Cash in Bank
-58.7%vs 2023-35.7% a year compound (CAGR)
Total Assets
-58.4%vs 2023-35.5% a year compound (CAGR)
Total Liabilities
-41%vs 2023-23.2% a year compound (CAGR)
Employees
-25%vs 2023-1Biggest decrease
Net Assets-75.1%
£93.89K in 2023 to £23.37K in 2025
Every indicator Okredo holds for NET2TEL LIMITED fell between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NET2TEL 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
- 30.59%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
- 69.41%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
- 129.21%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
- 89.68%2025
- 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 NET2TEL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 102.51K | 112.14K | 93.89K | 56.57K | 23.37K |
| Total Assets£ | 199.73K | 232.13K | 183.81K | 131.70K | 76.41K |
| Cash in Bank£ | 161.29K | 198.35K | 165.92K | 99.43K | 68.53K |
| Total Liabilities£ | 97.22K | 119.99K | 89.92K | 75.13K | 53.04K |
| Employees | 4 | 4 | 4 | 3 | 3 |
NET2TEL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NET2TEL LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
NET2TEL LIMITED reported net assets of £23.37K for 2025. That compares with £56.57K in 2024, a change of -58.69%.
NET2TEL LIMITED reported total assets of £76.41K for 2025. That compares with £131.70K in 2024, a change of -41.98%.
NET2TEL LIMITED reported cash in bank of £68.53K for 2025. That compares with £99.43K in 2024, a change of -31.08%.
NET2TEL LIMITED reported 3 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, NET2TEL LIMITED's net assets fell by 75.1%, cash in bank fell by 58.7%, total assets fell by 58.4% and total liabilities fell by 41%. Net assets contracted at 50.1% a year across the two years to 2025, from £93.89K to £23.37K. Reported headcount went from 4 in 2023 to 3 in 2025 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.