QUANTUM ENGINEERING DEVELOPMENTS LIMITED Financials
- Company number
- 02947971CopyCopy
- Registered office
- Quantum House Saxon Business Park, Stoke Prior, Bromsgrove, Worcestershire B60 4AD
- Incorporated
- 13/07/1994
Company snapshot
- Status
- Active
- Employees
- 18 (2024)
- Latest financial data
- 2024
- Accounts type
- Audited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
69.98%vs 20232023: £725.96K
Total Assets
69.27%vs 20232023: £1.44M
Cash in Bank
33.76%vs 20232023: £854.75K
Total Liabilities
68.55%vs 20232023: £715.47K
Employees
0vs 20232023: 18
In 2024, QUANTUM ENGINEERING DEVELOPMENTS LIMITED reported net assets of £1.23M. The same filing shows total assets of £2.44M, cash in bank of £1.14M and total liabilities of £1.21M. Reported headcount was 18 in 2024. Total Assets rose from £1.44M in 2023 to £2.44M in 2024 (69.27%). 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
69.98%from £725.96K 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 QUANTUM ENGINEERING DEVELOPMENTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+335%vs 2022+109% a year compound (CAGR)
Cash in Bank
+456%vs 2022+136% a year compound (CAGR)
Total Assets
+105%vs 2022+43.1% a year compound (CAGR)
Total Liabilities
+32.7%vs 2022+15.2% a year compound (CAGR)
Employees
+5.9%vs 2022+1Biggest increase
Cash in Bank+456%
£205.57K in 2022 to £1.14M in 2024
Every indicator Okredo holds for QUANTUM ENGINEERING DEVELOPMENTS LIMITED rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from QUANTUM ENGINEERING DEVELOPMENTS 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
- 50.57%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
- 49.43%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
- 94.81%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
- 46.86%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 QUANTUM ENGINEERING DEVELOPMENTS 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£ | 252.50K | 283.37K | 725.96K | 1.23M |
| Total Assets£ | 922.80K | 1.19M | 1.44M | 2.44M |
| Cash in Bank£ | 408.26K | 205.57K | 854.75K | 1.14M |
| Total Liabilities£ | 670.30K | 908.58K | 715.47K | 1.21M |
| Employees | 17 | 17 | 18 | 18 |
QUANTUM ENGINEERING DEVELOPMENTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for QUANTUM ENGINEERING DEVELOPMENTS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
QUANTUM ENGINEERING DEVELOPMENTS LIMITED reported net assets of £1.23M for 2024. That compares with £725.96K in 2023, a change of 69.98%.
QUANTUM ENGINEERING DEVELOPMENTS LIMITED reported total assets of £2.44M for 2024. That compares with £1.44M in 2023, a change of 69.27%.
QUANTUM ENGINEERING DEVELOPMENTS LIMITED reported cash in bank of £1.14M for 2024. That compares with £854.75K in 2023, a change of 33.76%.
QUANTUM ENGINEERING DEVELOPMENTS LIMITED reported 18 employees in 2024, compared with 18 in 2023.
Between 2022 and 2024, QUANTUM ENGINEERING DEVELOPMENTS LIMITED's net assets rose by 335%, cash in bank rose by 456%, total assets rose by 105% and total liabilities rose by 32.7%. Net assets compounded at 109% a year across the two years to 2024, from £283.37K to £1.23M. Reported headcount went from 17 in 2022 to 18 in 2024 (+1).
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.