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INSPEC QA/QC LTD Financials

Company number
10154930Copy
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Registered office
10 Colwyn Close, Redcar TS10 2NR
Incorporated
28/04/2016

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£32.17K2024
185.47%vs 2023

2023: £11.27K

Total Assets

£68.08K2023
10.77%vs 2022

2022: £61.46K

Total Liabilities

£-21.18K2024
-137.28%vs 2023

2023: £56.81K

Employees

32024
+2vs 2023

2023: 1

In 2024, INSPEC QA/QC LTD reported net assets of £32.17K. The same filing shows total assets of £68.08K and total liabilities of £-21.18K. Reported headcount was 3 in 2024. Total Liabilities fell from £56.81K in 2023 to £-21.18K in 2024 (-137.28%). 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

£32.17K2024
185.47%from £11.27K in 2023

Year-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 INSPEC QA/QC LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£11.95K2022£32.17K2024
+169%vs 2022

+64.1% a year compound (CAGR)

Total Liabilities

£49.51K2022£-21.18K2024
-143%vs 2022

Employees

3202232024
0%vs 2022

Biggest increase

Net Assets+169%

£11.95K in 2022 to £32.17K in 2024

Biggest decrease

Total Liabilities-143%

£49.51K in 2022 to £-21.18K in 2024

INSPEC QA/QC LTD'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 INSPEC QA/QC 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
16.56%2023

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
83.44%2023

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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for INSPEC QA/QC LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£17.67K11.95K11.27K32.17K
Total Assets£73.03K61.46K68.08K–
Cash in Bank£––––
Total Liabilities£55.36K49.51K56.81K-21.18K
Employees3313

INSPEC QA/QC LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has INSPEC QA/QC LTD filed financial statements?

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Yes. Okredo holds filed figures for INSPEC QA/QC LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

What net assets did INSPEC QA/QC LTD report in 2024?

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INSPEC QA/QC LTD reported net assets of £32.17K for 2024. That compares with £11.27K in 2023, a change of 185.47%.

What total assets did INSPEC QA/QC LTD report in 2023?

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INSPEC QA/QC LTD reported total assets of £68.08K for 2023. That compares with £61.46K in 2022, a change of 10.77%.

What total liabilities did INSPEC QA/QC LTD report in 2024?

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INSPEC QA/QC LTD reported total liabilities of £-21.18K for 2024. That compares with £56.81K in 2023, a change of -137.28%.

How many people does INSPEC QA/QC LTD employ?

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INSPEC QA/QC LTD reported 3 employees in 2024, compared with 1 in 2023.

How have INSPEC QA/QC LTD financials changed over the last 3 years?

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Between 2022 and 2024, INSPEC QA/QC LTD's net assets rose by 169%, total liabilities fell by 143% and employee numbers was unchanged. Net assets compounded at 64.1% a year across the two years to 2024, from £11.95K to £32.17K. Reported headcount went from 3 in 2022 to 3 in 2024.

Which years of INSPEC QA/QC LTD financial data are available?

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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.