UTS 2 LIMITED Financials
- Company number
- SC450551CopyCopy
- Registered office
- 9 Market Square, Melrose TD6 9PQ
- Incorporated
- 21/05/2013
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
43.07%vs 20232023: £257.84K
Total Assets
-7.32%vs 20232023: £849.54K
Cash in Bank
-21.34%vs 20232023: £262.53K
Total Liabilities
-34.11%vs 20232023: £277.45K
Employees
-5vs 20232023: 12
In 2024, UTS 2 LIMITED reported net assets of £368.91K. The same filing shows total assets of £787.39K, cash in bank of £206.51K and total liabilities of £182.82K. Reported headcount was 7 in 2024. Net Assets rose from £257.84K in 2023 to £368.91K in 2024 (43.07%). 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
43.07%from £257.84K in 2023Year-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 UTS 2 LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+14.3%vs 2022+6.9% a year compound (CAGR)
Cash in Bank
+8%vs 2022+3.9% a year compound (CAGR)
Total Assets
-9.9%vs 2022-5.1% a year compound (CAGR)
Total Liabilities
-44.7%vs 2022-25.6% a year compound (CAGR)
Employees
-41.7%vs 2022-5Biggest increase
Net Assets+14.3%
£322.78K in 2022 to £368.91K in 2024
Biggest decrease
Total Liabilities-44.7%
£330.33K in 2022 to £182.82K in 2024
UTS 2 LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from UTS 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
- 46.85%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
- 23.22%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
- 112.96%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
- 26.23%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 UTS 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£ | 322.78K | 257.84K | 368.91K |
| Total Assets£ | 874.38K | 849.54K | 787.39K |
| Cash in Bank£ | 191.30K | 262.53K | 206.51K |
| Total Liabilities£ | 330.33K | 277.45K | 182.82K |
| Employees | 12 | 12 | 7 |
UTS 2 LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for UTS 2 LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
UTS 2 LIMITED reported net assets of £368.91K for 2024. That compares with £257.84K in 2023, a change of 43.07%.
UTS 2 LIMITED reported total assets of £787.39K for 2024. That compares with £849.54K in 2023, a change of -7.32%.
UTS 2 LIMITED reported cash in bank of £206.51K for 2024. That compares with £262.53K in 2023, a change of -21.34%.
UTS 2 LIMITED reported 7 employees in 2024, compared with 12 in 2023.
Between 2022 and 2024, UTS 2 LIMITED's net assets rose by 14.3%, cash in bank rose by 8%, total assets fell by 9.9% and total liabilities fell by 44.7%. Net assets compounded at 6.9% a year across the two years to 2024, from £322.78K to £368.91K. Reported headcount went from 12 in 2022 to 7 in 2024 (-5).
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.