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QUALITY ASSURED LIMITED Financials

Company number
04099508Copy
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Registered office
150 Shaftesbury Avenue, London Wc2 8hl WC2 8HL
Incorporated
31/10/2000

Company snapshot

Status
Active
Employees
10 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£192.49K2024
14.20%vs 2023

2023: £168.55K

Total Assets

£206.33K2024
-5.00%vs 2023

2023: £217.18K

Total Liabilities

£13.84K2024
-71.54%vs 2023

2023: £48.63K

Employees

102024
0vs 2023

2023: 10

In 2024, QUALITY ASSURED LIMITED reported net assets of £192.49K. The same filing shows total assets of £206.33K and total liabilities of £13.84K. Reported headcount was 10 in 2024. Total Liabilities fell from £48.63K in 2023 to £13.84K in 2024 (-71.54%). 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

£192.49K2024
14.20%from £168.55K 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 QUALITY ASSURED LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£133.96K2022£192.49K2024
+43.7%vs 2022

+19.9% a year compound (CAGR)

Total Assets

£192.28K2022£206.33K2024
+7.3%vs 2022

+3.6% a year compound (CAGR)

Total Liabilities

£58.32K2022£13.84K2024
-76.3%vs 2022

-51.3% a year compound (CAGR)

Employees

102022102024
0%vs 2022

Biggest increase

Net Assets+43.7%

£133.96K in 2022 to £192.49K in 2024

Biggest decrease

Total Liabilities-76.3%

£58.32K in 2022 to £13.84K in 2024

QUALITY ASSURED 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from QUALITY ASSURED 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
93.29%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
6.71%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for QUALITY ASSURED LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£114.54K133.96K168.55K192.49K
Total Assets£172.19K192.28K217.18K206.33K
Cash in Bank£––––
Total Liabilities£57.66K58.32K48.63K13.84K
Employees10101010

QUALITY ASSURED LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has QUALITY ASSURED LIMITED filed financial statements?

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Yes. Okredo holds filed figures for QUALITY ASSURED LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

What net assets did QUALITY ASSURED LIMITED report in 2024?

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QUALITY ASSURED LIMITED reported net assets of £192.49K for 2024. That compares with £168.55K in 2023, a change of 14.20%.

What total assets did QUALITY ASSURED LIMITED report in 2024?

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QUALITY ASSURED LIMITED reported total assets of £206.33K for 2024. That compares with £217.18K in 2023, a change of -5.00%.

What total liabilities did QUALITY ASSURED LIMITED report in 2024?

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QUALITY ASSURED LIMITED reported total liabilities of £13.84K for 2024. That compares with £48.63K in 2023, a change of -71.54%.

How many people does QUALITY ASSURED LIMITED employ?

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QUALITY ASSURED LIMITED reported 10 employees in 2024, compared with 10 in 2023.

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

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Between 2022 and 2024, QUALITY ASSURED LIMITED's net assets rose by 43.7%, total assets rose by 7.3%, total liabilities fell by 76.3% and employee numbers was unchanged. Net assets compounded at 19.9% a year across the two years to 2024, from £133.96K to £192.49K. Reported headcount went from 10 in 2022 to 10 in 2024.

Which years of QUALITY ASSURED 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.