THG NO 2 LIMITED Financials
- Company number
- 10492008Copy
Copy - Registered office
- 204 Winsford Avenue, Coventry, Warwickshire CV5 9NB
- Incorporated
- 22/11/2016
Company snapshot
- Status
- Active
- Employees
- 12 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-35.69%vs 20242024: £777.78K
Total Assets
-15.09%vs 20242024: £2.43M
Cash in Bank
-75.56%vs 20242024: £269.70K
Total Liabilities
-5.38%vs 20242024: £1.65M
Employees
-10vs 20242024: 22
In 2025, THG NO 2 LIMITED reported net assets of £500.17K. The same filing shows total assets of £2.06M, cash in bank of £65.91K and total liabilities of £1.56M. Reported headcount was 12 in 2025. Total Assets fell from £2.43M in 2024 to £2.06M in 2025 (-15.09%). 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
-35.69%from £777.78K 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 THG NO 2 LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-16.4%vs 2023-8.6% a year compound (CAGR)
Cash in Bank
-93%vs 2023-73.5% a year compound (CAGR)
Total Assets
-24.8%vs 2023-13.3% a year compound (CAGR)
Total Liabilities
-27.2%vs 2023-14.7% a year compound (CAGR)
Employees
+50%vs 2023+4Biggest increase
Employees+50%
8 in 2023 to 12 in 2025
Biggest decrease
Cash in Bank-93%
£941.62K in 2023 to £65.91K in 2025
THG NO 2 LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THG 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
- 24.25%2025
- Liabilities to total assets
- 75.75%2025
- Cash to liabilities
- 4.22%2025
- Cash to total assets
- 3.20%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.
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 THG NO 2 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£ | -97.65K | 323.26K | 598.09K | 777.78K | 500.17K |
| Total Assets£ | 1.66M | 2.34M | 2.74M | 2.43M | 2.06M |
| Cash in Bank£ | 1.22K | 677.44K | 941.62K | 269.70K | 65.91K |
| Total Liabilities£ | 1.75M | 2.02M | 2.15M | 1.65M | 1.56M |
| Employees | 27 | 14 | 8 | 22 | 12 |
THG NO 2 LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has THG NO 2 LIMITED filed financial statements?
Yes. Okredo holds filed figures for THG NO 2 LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did THG NO 2 LIMITED report in 2025?
THG NO 2 LIMITED reported net assets of £500.17K for 2025. That compares with £777.78K in 2024, a change of -35.69%.
What total assets did THG NO 2 LIMITED report in 2025?
THG NO 2 LIMITED reported total assets of £2.06M for 2025. That compares with £2.43M in 2024, a change of -15.09%.
What cash in bank did THG NO 2 LIMITED report in 2025?
THG NO 2 LIMITED reported cash in bank of £65.91K for 2025. That compares with £269.70K in 2024, a change of -75.56%.
How many people does THG NO 2 LIMITED employ?
THG NO 2 LIMITED reported 12 employees in 2025, compared with 22 in 2024.
How have THG NO 2 LIMITED financials changed over the last 3 years?
Between 2023 and 2025, THG NO 2 LIMITED's net assets fell by 16.4%, cash in bank fell by 93%, total assets fell by 24.8% and total liabilities fell by 27.2%. Net assets contracted at 8.6% a year across the two years to 2025, from £598.09K to £500.17K. Reported headcount went from 8 in 2023 to 12 in 2025 (+4).
Which years of THG NO 2 LIMITED financial data are available?
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.