NAQEL EXPRESS LTD Financials
- Company number
- 11270566CopyCopy
- Registered office
- York House 221 Pentonville Road, Kings Cross, London N1 9UZ
- Incorporated
- 22/03/2018
Company snapshot
- Status
- Active
- Employees
- 4 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-30.98%vs 20222022: £-1.25M
Total Assets
338.60%vs 20222022: £99.96K
Cash in Bank
55.15%vs 20222022: £18.95K
Total Liabilities
53.80%vs 20222022: £1.35M
Employees
-2vs 20222022: 6
In 2023, NAQEL EXPRESS LTD reported net assets of £-1.63M. The same filing shows total assets of £438.41K, cash in bank of £29.41K and total liabilities of £2.07M. Reported headcount was 4 in 2023. Total Liabilities rose from £1.35M in 2022 to £2.07M in 2023 (53.80%). 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
-30.98%from £-1.25M 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 NAQEL EXPRESS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2021Cash in Bank
-85.9%vs 2021-62.5% a year compound (CAGR)
Total Assets
+65.8%vs 2021+28.8% a year compound (CAGR)
Total Liabilities
+78.4%vs 2021+33.6% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Total Liabilities+78.4%
£1.16M in 2021 to £2.07M in 2023
Biggest decrease
Cash in Bank-85.9%
£208.57K in 2021 to £29.41K in 2023
NAQEL EXPRESS LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NAQEL EXPRESS 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
- -372.84%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
- 472.84%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
- 1.42%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
- 6.71%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 NAQEL EXPRESS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -897.45K | -1.25M | -1.63M |
| Total Assets£ | 264.38K | 99.96K | 438.41K |
| Cash in Bank£ | 208.57K | 18.95K | 29.41K |
| Total Liabilities£ | 1.16M | 1.35M | 2.07M |
| Employees | 4 | 6 | 4 |
NAQEL EXPRESS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NAQEL EXPRESS LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
NAQEL EXPRESS LTD reported net assets of £-1.63M for 2023. That compares with £-1.25M in 2022, a change of -30.98%.
NAQEL EXPRESS LTD reported total assets of £438.41K for 2023. That compares with £99.96K in 2022, a change of 338.60%.
NAQEL EXPRESS LTD reported cash in bank of £29.41K for 2023. That compares with £18.95K in 2022, a change of 55.15%.
NAQEL EXPRESS LTD reported 4 employees in 2023, compared with 6 in 2022.
Between 2021 and 2023, NAQEL EXPRESS LTD's cash in bank fell by 85.9%, total assets rose by 65.8%, total liabilities rose by 78.4% and employee numbers was unchanged. Cash in bank contracted at 62.5% a year across the two years to 2023, from £208.57K to £29.41K. Reported headcount went from 4 in 2021 to 4 in 2023.
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.