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QUINN COACHES LIMITED Financials

Company number
NI613493Copy
Copy
Registered office
14 Cullentragh Road, Poyntzpass, Newry, County Down BT35 6SD
Incorporated
05/07/2012

Company snapshot

Status
Active
Employees
49 (2024)
Latest financial data
2024
Accounts type
Audited abridged

Financial highlights

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

Net Assets

£142.78K2024
-46.37%vs 2023

2023: £266.25K

Total Assets

£3.54M2024
16.12%vs 2023

2023: £3.05M

Cash in Bank

£285.30K2021
First reported year

Total Liabilities

£2.04M2024
27.51%vs 2023

2023: £1.60M

Employees

492024
+24vs 2023

2023: 25

In 2024, QUINN COACHES LIMITED reported net assets of £142.78K. The same filing shows total assets of £3.54M, cash in bank of £285.30K and total liabilities of £2.04M. Reported headcount was 49 in 2024. Total Assets rose from £3.05M in 2023 to £3.54M in 2024 (16.12%). 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

£142.78K2024
-46.37%from £266.25K 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 QUINN COACHES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£31.19K2022£142.78K2024
+358%vs 2022

+114% a year compound (CAGR)

Total Assets

£2.78M2022£3.54M2024
+27.3%vs 2022

+12.8% a year compound (CAGR)

Total Liabilities

£1.68M2022£2.04M2024
+21.7%vs 2022

+10.3% a year compound (CAGR)

Employees

242022492024
+104%vs 2022+25

Biggest increase

Net Assets+358%

£31.19K in 2022 to £142.78K in 2024

Every indicator Okredo holds for QUINN COACHES LIMITED rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from QUINN COACHES 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
4.04%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
57.77%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
16.37%2021
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
9.65%2021
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 QUINN COACHES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£60.28K31.19K266.25K142.78K
Total Assets£2.96M2.78M3.05M3.54M
Cash in Bank£285.30K–––
Total Liabilities£1.74M1.68M1.60M2.04M
Employees24242549

QUINN COACHES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for QUINN COACHES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

QUINN COACHES LIMITED reported net assets of £142.78K for 2024. That compares with £266.25K in 2023, a change of -46.37%.

QUINN COACHES LIMITED reported total assets of £3.54M for 2024. That compares with £3.05M in 2023, a change of 16.12%.

QUINN COACHES LIMITED reported cash in bank of £285.30K for 2021. There is no earlier filing to compare it against.

QUINN COACHES LIMITED reported 49 employees in 2024, compared with 25 in 2023.

Between 2022 and 2024, QUINN COACHES LIMITED's net assets rose by 358%, total assets rose by 27.3%, total liabilities rose by 21.7% and employee numbers rose by 104%. Net assets compounded at 114% a year across the two years to 2024, from £31.19K to £142.78K. Reported headcount went from 24 in 2022 to 49 in 2024 (+25).

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.