HAZAQ SOLUTIONS LTD Financials
- Company number
- 09655713CopyCopy
- Registered office
- Unit 12 Andrew Street, Compstall, Stockport SK6 5HN
- Incorporated
- 24/06/2015
Company snapshot
- Status
- Active
- Employees
- 17 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-0.25%vs 20222022: £4.48M
Total Assets
66.91%vs 20212021: £4.08M
Cash in Bank
-17.00%vs 20222022: £285.37K
Total Liabilities
-0.49%vs 20212021: £619.96K
Employees
+7vs 20222022: 10
In 2023, HAZAQ SOLUTIONS LTD reported net assets of £4.47M. The same filing shows total assets of £6.81M, cash in bank of £236.85K and total liabilities of £616.94K. Reported headcount was 17 in 2023. Total Assets rose from £4.08M in 2021 to £6.81M in 2022 (66.91%). Okredo holds filed figures for 2021–2023; 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
-0.25%from £4.48M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures HAZAQ SOLUTIONS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+29.3%vs 2021+13.7% a year compound (CAGR)
Cash in Bank
-24.7%vs 2021-13.2% a year compound (CAGR)
Employees
-73%vs 2021-46Biggest increase
Net Assets+29.3%
£3.46M in 2021 to £4.47M in 2023
Biggest decrease
Employees-73%
63 in 2021 to 17 in 2023
HAZAQ SOLUTIONS LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HAZAQ SOLUTIONS LTD'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
- 65.87%2022
- 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
- 9.06%2022
- 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
- 46.26%2022
- 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
- 4.19%2022
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £966.44K2023
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for HAZAQ SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 3.46M | 4.48M | 4.47M |
| Total Assets£ | 4.08M | 6.81M | – |
| Cash in Bank£ | 314.37K | 285.37K | 236.85K |
| Total Liabilities£ | 619.96K | 616.94K | – |
| Employees | 63 | 10 | 17 |
HAZAQ SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HAZAQ SOLUTIONS LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
HAZAQ SOLUTIONS LTD reported net assets of £4.47M for 2023. That compares with £4.48M in 2022, a change of -0.25%.
HAZAQ SOLUTIONS LTD reported total assets of £6.81M for 2022. That compares with £4.08M in 2021, a change of 66.91%.
HAZAQ SOLUTIONS LTD reported cash in bank of £236.85K for 2023. That compares with £285.37K in 2022, a change of -17.00%.
HAZAQ SOLUTIONS LTD reported 17 employees in 2023, compared with 10 in 2022.
Between 2021 and 2023, HAZAQ SOLUTIONS LTD's net assets rose by 29.3%, cash in bank fell by 24.7% and employee numbers fell by 73%. Net assets compounded at 13.7% a year across the two years to 2023, from £3.46M to £4.47M. Reported headcount went from 63 in 2021 to 17 in 2023 (-46).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.