TEAM 2 PROPERTY MANAGEMENT LIMITED Financials
- Company number
- 07463867CopyCopy
- Registered office
- 28 London Road, Southampton SO15 2AG
- Incorporated
- 08/12/2010
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-78.97%vs 20232023: £150.50K
Total Assets
-33.46%vs 20232023: £742.41K
Cash in Bank
-33.91%vs 20232023: £675.17K
Total Liabilities
-21.81%vs 20232023: £583.85K
Employees
0vs 20232023: 6
In 2024, TEAM 2 PROPERTY MANAGEMENT LIMITED reported net assets of £31.65K. The same filing shows total assets of £493.97K, cash in bank of £446.19K and total liabilities of £456.50K. Reported headcount was 6 in 2024. Total Assets fell from £742.41K in 2023 to £493.97K in 2024 (-33.46%). 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
-78.97%from £150.50K 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 TEAM 2 PROPERTY MANAGEMENT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-74%vs 2022-49% a year compound (CAGR)
Cash in Bank
-30.1%vs 2022-16.4% a year compound (CAGR)
Total Assets
+4976%vs 2022+612% a year compound (CAGR)
Employees
-14.3%vs 2022-1Biggest increase
Total Assets+4976%
£9.73K in 2022 to £493.97K in 2024
Biggest decrease
Net Assets-74%
£121.77K in 2022 to £31.65K in 2024
TEAM 2 PROPERTY MANAGEMENT LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, 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 TEAM 2 PROPERTY MANAGEMENT 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
- 6.41%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
- 92.42%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
- 97.74%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
- 90.33%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 TEAM 2 PROPERTY MANAGEMENT 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£ | 60.36K | 121.77K | 150.50K | 31.65K |
| Total Assets£ | 8.71K | 9.73K | 742.41K | 493.97K |
| Cash in Bank£ | 141.65K | 638.34K | 675.17K | 446.19K |
| Total Liabilities£ | – | – | 583.85K | 456.50K |
| Employees | 7 | 7 | 6 | 6 |
TEAM 2 PROPERTY MANAGEMENT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TEAM 2 PROPERTY MANAGEMENT LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TEAM 2 PROPERTY MANAGEMENT LIMITED reported net assets of £31.65K for 2024. That compares with £150.50K in 2023, a change of -78.97%.
TEAM 2 PROPERTY MANAGEMENT LIMITED reported total assets of £493.97K for 2024. That compares with £742.41K in 2023, a change of -33.46%.
TEAM 2 PROPERTY MANAGEMENT LIMITED reported cash in bank of £446.19K for 2024. That compares with £675.17K in 2023, a change of -33.91%.
TEAM 2 PROPERTY MANAGEMENT LIMITED reported 6 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, TEAM 2 PROPERTY MANAGEMENT LIMITED's net assets fell by 74%, cash in bank fell by 30.1%, total assets rose by 4976% and employee numbers fell by 14.3%. Net assets contracted at 49% a year across the two years to 2024, from £121.77K to £31.65K. Reported headcount went from 7 in 2022 to 6 in 2024 (-1).
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.