INSPECVISION LIMITED Financials
- Company number
- NI045832CopyCopy
- Registered office
- 10 Trench Road, Newtownabbey, County Antrim BT36 4TY
- Incorporated
- 18/03/2003
Company snapshot
- Status
- Active
- Employees
- 14 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
48.96%vs 20222022: £2.00M
Total Assets
22.97%vs 20222022: £2.93M
Cash in Bank
33.92%vs 20222022: £1.22M
Total Liabilities
-69.43%vs 20222022: £569.81K
Employees
+3vs 20222022: 11
In 2023, INSPECVISION LIMITED reported net assets of £2.97M. The same filing shows total assets of £3.60M, cash in bank of £1.64M and total liabilities of £174.20K. Reported headcount was 14 in 2023. Net Assets rose from £2.00M in 2022 to £2.97M in 2023 (48.96%). 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
48.96%from £2.00M 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 INSPECVISION LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+86.1%vs 2021+36.4% a year compound (CAGR)
Cash in Bank
+96.9%vs 2021+40.3% a year compound (CAGR)
Total Assets
+48.8%vs 2021+22% a year compound (CAGR)
Total Liabilities
-62.7%vs 2021-38.9% a year compound (CAGR)
Employees
+27.3%vs 2021+3Biggest increase
Cash in Bank+96.9%
£830.57K in 2021 to £1.64M in 2023
Biggest decrease
Total Liabilities-62.7%
£466.85K in 2021 to £174.20K in 2023
INSPECVISION LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 INSPECVISION 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
- 82.53%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
- 4.84%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.
- Cash to liabilities
- 939.06%2023
- 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
- 45.42%2023
- 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 INSPECVISION LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.60M | 2.00M | 2.97M |
| Total Assets£ | 2.42M | 2.93M | 3.60M |
| Cash in Bank£ | 830.57K | 1.22M | 1.64M |
| Total Liabilities£ | 466.85K | 569.81K | 174.20K |
| Employees | 11 | 11 | 14 |
INSPECVISION LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for INSPECVISION LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
INSPECVISION LIMITED reported net assets of £2.97M for 2023. That compares with £2.00M in 2022, a change of 48.96%.
INSPECVISION LIMITED reported total assets of £3.60M for 2023. That compares with £2.93M in 2022, a change of 22.97%.
INSPECVISION LIMITED reported cash in bank of £1.64M for 2023. That compares with £1.22M in 2022, a change of 33.92%.
INSPECVISION LIMITED reported 14 employees in 2023, compared with 11 in 2022.
Between 2021 and 2023, INSPECVISION LIMITED's net assets rose by 86.1%, cash in bank rose by 96.9%, total assets rose by 48.8% and total liabilities fell by 62.7%. Net assets compounded at 36.4% a year across the two years to 2023, from £1.60M to £2.97M. Reported headcount went from 11 in 2021 to 14 in 2023 (+3).
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.