Active

NU QUANTUM LTD Financials

Company number
11568868Copy
Copy
Registered office
Broers Building Hauser Forum, J J Thomson Avenue, Cambridge CB3 0FA
Incorporated
14/09/2018

Company snapshot

Status
Active
Employees
46 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£5.05M2024
-11.45%vs 2023

2023: £5.70M

Total Assets

£9.19M2024
30.45%vs 2023

2023: £7.05M

Cash in Bank

£5.27M2024
-7.27%vs 2023

2023: £5.69M

Total Liabilities

£2.90M2024
165.30%vs 2023

2023: £1.09M

Employees

462024
+17vs 2023

2023: 29

In 2024, NU QUANTUM LTD reported net assets of £5.05M. The same filing shows total assets of £9.19M, cash in bank of £5.27M and total liabilities of £2.90M. Reported headcount was 46 in 2024. Total Assets rose from £7.05M in 2023 to £9.19M in 2024 (30.45%). 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

£5.05M2024
-11.45%from £5.70M 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 NU QUANTUM LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£637.57K2022£5.05M2024
+692%vs 2022

+181% a year compound (CAGR)

Cash in Bank

£2.33M2022£5.27M2024
+126%vs 2022

+50.4% a year compound (CAGR)

Total Assets

£3.34M2022£9.19M2024
+176%vs 2022

+66% a year compound (CAGR)

Total Liabilities

£2.43M2022£2.90M2024
+19.3%vs 2022

+9.2% a year compound (CAGR)

Employees

202022462024
+130%vs 2022+26

Biggest increase

Net Assets+692%

£637.57K in 2022 to £5.05M in 2024

Every indicator Okredo holds for NU QUANTUM LTD rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from NU QUANTUM 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
54.93%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
31.58%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
181.62%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
57.36%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 NU QUANTUM LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.71M637.57K5.70M5.05M
Total Assets£2.40M3.34M7.05M9.19M
Cash in Bank£1.15M2.33M5.69M5.27M
Total Liabilities£354.20K2.43M1.09M2.90M
Employees15202946

NU QUANTUM LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for NU QUANTUM LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

NU QUANTUM LTD reported net assets of £5.05M for 2024. That compares with £5.70M in 2023, a change of -11.45%.

NU QUANTUM LTD reported total assets of £9.19M for 2024. That compares with £7.05M in 2023, a change of 30.45%.

NU QUANTUM LTD reported cash in bank of £5.27M for 2024. That compares with £5.69M in 2023, a change of -7.27%.

NU QUANTUM LTD reported 46 employees in 2024, compared with 29 in 2023.

Between 2022 and 2024, NU QUANTUM LTD's net assets rose by 692%, cash in bank rose by 126%, total assets rose by 176% and total liabilities rose by 19.3%. Net assets compounded at 181% a year across the two years to 2024, from £637.57K to £5.05M. Reported headcount went from 20 in 2022 to 46 in 2024 (+26).

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.