QAI SERVICES LIMITED Financials
- Company number
- 05970091CopyCopy
- Registered office
- Socotec House Bretby Business Park, Bretby, Burton-On-Trent, Derbyshire DE15 0YZ
- Incorporated
- 17/10/2006
Company snapshot
- Status
- Active
- Employees
- 132 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
128.96%vs 20232023: £1.60M
Total Assets
29.54%vs 20232023: £5.89M
Cash in Bank
-70.96%vs 20232023: £605.88K
Total Liabilities
-7.04%vs 20232023: £4.22M
Employees
+3vs 20232023: 129
In 2024, QAI SERVICES LIMITED reported net assets of £3.66M. The same filing shows total assets of £7.63M, cash in bank of £175.94K and total liabilities of £3.92M. Reported headcount was 132 in 2024. Net Assets rose from £1.60M in 2023 to £3.66M in 2024 (128.96%). 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
128.96%from £1.60M in 2023Year-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 QAI SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+1044%vs 2022+238% a year compound (CAGR)
Cash in Bank
-91.9%vs 2022-71.6% a year compound (CAGR)
Total Assets
+119%vs 2022+48% a year compound (CAGR)
Total Liabilities
+28.2%vs 2022+13.2% a year compound (CAGR)
Employees
+5.6%vs 2022+7Biggest increase
Net Assets+1044%
£319.81K in 2022 to £3.66M in 2024
Biggest decrease
Cash in Bank-91.9%
£2.19M in 2022 to £175.94K in 2024
QAI SERVICES LIMITED'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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from QAI SERVICES 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
- 47.96%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
- 51.37%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
- 4.49%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
- 2.31%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £91.94K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for QAI SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 544.17K | 319.81K | 1.60M | 3.66M |
| Total Assets£ | 3.48M | 3.48M | 5.89M | 7.63M |
| Cash in Bank£ | 1.96M | 2.19M | 605.88K | 175.94K |
| Total Liabilities£ | 2.86M | 3.06M | 4.22M | 3.92M |
| Employees | 94 | 125 | 129 | 132 |
QAI SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for QAI SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
QAI SERVICES LIMITED reported net assets of £3.66M for 2024. That compares with £1.60M in 2023, a change of 128.96%.
QAI SERVICES LIMITED reported total assets of £7.63M for 2024. That compares with £5.89M in 2023, a change of 29.54%.
QAI SERVICES LIMITED reported cash in bank of £175.94K for 2024. That compares with £605.88K in 2023, a change of -70.96%.
QAI SERVICES LIMITED reported 132 employees in 2024, compared with 129 in 2023.
Between 2022 and 2024, QAI SERVICES LIMITED's net assets rose by 1044%, cash in bank fell by 91.9%, total assets rose by 119% and total liabilities rose by 28.2%. Net assets compounded at 238% a year across the two years to 2024, from £319.81K to £3.66M. Reported headcount went from 125 in 2022 to 132 in 2024 (+7).
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.