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QUICK2CARE LTD Financials

Company number
10859350Copy
Copy
Registered office
Izabella House, Regent Place, Birmingham B1 3NJ
Incorporated
11/07/2017

Company snapshot

Status
Active
Employees
54 (2023)
Latest financial data
2023
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£29.23K2023
-76.30%vs 2022

2022: £123.32K

Total Assets

£215.36K2023
-26.81%vs 2022

2022: £294.23K

Cash in Bank

£48.76K2023
-4.89%vs 2022

2022: £51.27K

Total Liabilities

£178.80K2023
11.23%vs 2022

2022: £160.75K

Employees

542023
-6vs 2022

2022: 60

In 2023, QUICK2CARE LTD reported net assets of £29.23K. The same filing shows total assets of £215.36K, cash in bank of £48.76K and total liabilities of £178.80K. Reported headcount was 54 in 2023. Net Assets fell from £123.32K in 2022 to £29.23K in 2023 (-76.30%). Okredo holds filed figures for 2021–2023; 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

£29.23K2023
-76.30%from £123.32K in 2022

Year-on-year change

Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.

3-year financial trend (2021–2023)

How the figures QUICK2CARE LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£27.01K2021£29.23K2023
+8.2%vs 2021

+4% a year compound (CAGR)

Cash in Bank

£37.20K2021£48.76K2023
+31.1%vs 2021

+14.5% a year compound (CAGR)

Total Assets

£319.15K2021£215.36K2023
-32.5%vs 2021

-17.9% a year compound (CAGR)

Total Liabilities

£277.68K2021£178.80K2023
-35.6%vs 2021

-19.8% a year compound (CAGR)

Employees

832021542023
-34.9%vs 2021-29

Biggest increase

Cash in Bank+31.1%

£37.20K in 2021 to £48.76K in 2023

Biggest decrease

Total Liabilities-35.6%

£277.68K in 2021 to £178.80K in 2023

QUICK2CARE LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 QUICK2CARE 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
13.57%2023
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
83.02%2023
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
27.27%2023
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
22.64%2023
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 QUICK2CARE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£27.01K123.32K29.23K
Total Assets£319.15K294.23K215.36K
Cash in Bank£37.20K51.27K48.76K
Total Liabilities£277.68K160.75K178.80K
Employees836054

QUICK2CARE LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for QUICK2CARE LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

QUICK2CARE LTD reported net assets of £29.23K for 2023. That compares with £123.32K in 2022, a change of -76.30%.

QUICK2CARE LTD reported total assets of £215.36K for 2023. That compares with £294.23K in 2022, a change of -26.81%.

QUICK2CARE LTD reported cash in bank of £48.76K for 2023. That compares with £51.27K in 2022, a change of -4.89%.

QUICK2CARE LTD reported 54 employees in 2023, compared with 60 in 2022.

Between 2021 and 2023, QUICK2CARE LTD's net assets rose by 8.2%, cash in bank rose by 31.1%, total assets fell by 32.5% and total liabilities fell by 35.6%. Net assets compounded at 4% a year across the two years to 2023, from £27.01K to £29.23K. Reported headcount went from 83 in 2021 to 54 in 2023 (-29).

Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.