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QUANTUM ACCOUNTANCY SERVICES LIMITED Financials

Company number
05866659Copy
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Registered office
Unit 14 Witney Way, Boldon Business Park, Boldon Colliery, Tyne And Wear NE35 9PE
Incorporated
05/07/2006

Company snapshot

Status
Active
Employees
8 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£29.86K2024
-43.01%vs 2023

2023: £52.40K

Total Assets

£136.15K2024
-6.29%vs 2023

2023: £145.29K

Total Liabilities

£76.67K2022
-17.03%vs 2021

2021: £92.41K

Employees

82024
0vs 2023

2023: 8

In 2024, QUANTUM ACCOUNTANCY SERVICES LIMITED reported net assets of £29.86K. The same filing shows total assets of £136.15K and total liabilities of £76.67K. Reported headcount was 8 in 2024. Net Assets fell from £52.40K in 2023 to £29.86K in 2024 (-43.01%). 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

£29.86K2024
-43.01%from £52.40K 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 QUANTUM ACCOUNTANCY SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£32.40K2022£29.86K2024
-7.8%vs 2022

-4% a year compound (CAGR)

Total Assets

£109.07K2022£136.15K2024
+24.8%vs 2022

+11.7% a year compound (CAGR)

Employees

9202282024
-11.1%vs 2022-1

Biggest increase

Total Assets+24.8%

£109.07K in 2022 to £136.15K in 2024

Biggest decrease

Employees-11.1%

9 in 2022 to 8 in 2024

QUANTUM ACCOUNTANCY SERVICES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from QUANTUM ACCOUNTANCY 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
21.93%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
70.30%2022

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 QUANTUM ACCOUNTANCY SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£24.68K32.40K52.40K29.86K
Total Assets£117.08K109.07K145.29K136.15K
Cash in Bank£––––
Total Liabilities£92.41K76.67K––
Employees9988

QUANTUM ACCOUNTANCY SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has QUANTUM ACCOUNTANCY SERVICES LIMITED filed financial statements?

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

What net assets did QUANTUM ACCOUNTANCY SERVICES LIMITED report in 2024?

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QUANTUM ACCOUNTANCY SERVICES LIMITED reported net assets of £29.86K for 2024. That compares with £52.40K in 2023, a change of -43.01%.

What total assets did QUANTUM ACCOUNTANCY SERVICES LIMITED report in 2024?

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QUANTUM ACCOUNTANCY SERVICES LIMITED reported total assets of £136.15K for 2024. That compares with £145.29K in 2023, a change of -6.29%.

What total liabilities did QUANTUM ACCOUNTANCY SERVICES LIMITED report in 2022?

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QUANTUM ACCOUNTANCY SERVICES LIMITED reported total liabilities of £76.67K for 2022. That compares with £92.41K in 2021, a change of -17.03%.

How many people does QUANTUM ACCOUNTANCY SERVICES LIMITED employ?

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QUANTUM ACCOUNTANCY SERVICES LIMITED reported 8 employees in 2024, compared with 8 in 2023.

How have QUANTUM ACCOUNTANCY SERVICES LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, QUANTUM ACCOUNTANCY SERVICES LIMITED's net assets fell by 7.8%, total assets rose by 24.8% and employee numbers fell by 11.1%. Net assets contracted at 4% a year across the two years to 2024, from £32.40K to £29.86K. Reported headcount went from 9 in 2022 to 8 in 2024 (-1).

Which years of QUANTUM ACCOUNTANCY SERVICES 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.