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LEADING QUALITY ASSURANCE LIMITED Financials

Company number
04124971Copy
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Registered office
Bromley Old Town Hall, 30 Tweedy Road, London Borough Of Bromley BR1 3FE
Incorporated
13/12/2000

Company snapshot

Status
Active
Employees
60 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

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

Net Assets

£-5.11M2024
27.20%vs 2023

2023: £-7.01M

Total Assets

£7.12M2024
97.19%vs 2023

2023: £3.61M

Cash in Bank

£1.23M2024
177.07%vs 2023

2023: £444.47K

Total Liabilities

£12.17M2024
14.96%vs 2023

2023: £10.59M

Employees

602024
+3vs 2023

2023: 57

In 2024, LEADING QUALITY ASSURANCE LIMITED reported net assets of £-5.11M. The same filing shows total assets of £7.12M, cash in bank of £1.23M and total liabilities of £12.17M. Reported headcount was 60 in 2024. Total Assets rose from £3.61M in 2023 to £7.12M in 2024 (97.19%). 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

£-5.11M2024
27.20%from £-7.01M 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 LEADING QUALITY ASSURANCE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-7.44M2022£-5.11M2024
Increasedvs 2022

Cash in Bank

£647.57K2022£1.23M2024
+90.2%vs 2022

+37.9% a year compound (CAGR)

Total Assets

£3.38M2022£7.12M2024
+111%vs 2022

+45.2% a year compound (CAGR)

Total Liabilities

£10.78M2022£12.17M2024
+12.9%vs 2022

+6.2% a year compound (CAGR)

Employees

422022602024
+42.9%vs 2022+18

Biggest increase

Total Assets+111%

£3.38M in 2022 to £7.12M in 2024

Every indicator Okredo holds for LEADING QUALITY ASSURANCE LIMITED rose between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, with net assets, cash in bank, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from LEADING QUALITY ASSURANCE 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
-71.74%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
170.96%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
10.12%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
17.30%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 LEADING QUALITY ASSURANCE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£7.52M-7.44M-7.01M-5.11M
Total Assets£–3.38M3.61M7.12M
Cash in Bank£224.20K647.57K444.47K1.23M
Total Liabilities£–10.78M10.59M12.17M
Employees38425760

LEADING QUALITY ASSURANCE LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has LEADING QUALITY ASSURANCE LIMITED filed financial statements?

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Yes. Okredo holds filed figures for LEADING QUALITY ASSURANCE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did LEADING QUALITY ASSURANCE LIMITED report in 2024?

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LEADING QUALITY ASSURANCE LIMITED reported net assets of £-5.11M for 2024. That compares with £-7.01M in 2023, a change of 27.20%.

What total assets did LEADING QUALITY ASSURANCE LIMITED report in 2024?

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LEADING QUALITY ASSURANCE LIMITED reported total assets of £7.12M for 2024. That compares with £3.61M in 2023, a change of 97.19%.

What cash in bank did LEADING QUALITY ASSURANCE LIMITED report in 2024?

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LEADING QUALITY ASSURANCE LIMITED reported cash in bank of £1.23M for 2024. That compares with £444.47K in 2023, a change of 177.07%.

How many people does LEADING QUALITY ASSURANCE LIMITED employ?

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LEADING QUALITY ASSURANCE LIMITED reported 60 employees in 2024, compared with 57 in 2023.

How have LEADING QUALITY ASSURANCE LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, LEADING QUALITY ASSURANCE LIMITED's cash in bank rose by 90.2%, total assets rose by 111%, total liabilities rose by 12.9% and employee numbers rose by 42.9%. Cash in bank compounded at 37.9% a year across the two years to 2024, from £647.57K to £1.23M. Reported headcount went from 42 in 2022 to 60 in 2024 (+18).

Which years of LEADING QUALITY ASSURANCE LIMITED 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.