QUORUM DEVELOPMENT LTD Financials
- Company number
- 04445312CopyCopy
- Registered office
- Office F1, Explorer 2 Thomas Wright Way, Net Park, Sedgefield, County Durham TS21 3FF
- Incorporated
- 22/05/2002
Company snapshot
- Status
- Active
- Employees
- 26 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-35.54%vs 20242024: £351.53K
Total Assets
7.53%vs 20242024: £1.14M
Cash in Bank
11.19%vs 20242024: £525.10K
Total Liabilities
26.74%vs 20242024: £787.78K
Employees
0vs 20242024: 26
In 2025, QUORUM DEVELOPMENT LTD reported net assets of £226.58K. The same filing shows total assets of £1.23M, cash in bank of £583.85K and total liabilities of £998.46K. Reported headcount was 26 in 2025. Total Liabilities rose from £787.78K in 2024 to £998.46K in 2025 (26.74%). Okredo holds filed figures for 2021–2025; 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
-35.54%from £351.53K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures QUORUM DEVELOPMENT LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-42%vs 2023-23.8% a year compound (CAGR)
Cash in Bank
-2.8%vs 2023-1.4% a year compound (CAGR)
Total Assets
+11.6%vs 2023+5.6% a year compound (CAGR)
Total Liabilities
+41.2%vs 2023+18.8% a year compound (CAGR)
Employees
+8.3%vs 2023+2Biggest increase
Total Liabilities+41.2%
£706.92K in 2023 to £998.46K in 2025
Biggest decrease
Net Assets-42%
£390.69K in 2023 to £226.58K in 2025
QUORUM DEVELOPMENT LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from QUORUM DEVELOPMENT 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
- 18.50%2025
- 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
- 81.50%2025
- 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
- 58.48%2025
- 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
- 47.66%2025
- 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 QUORUM DEVELOPMENT LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | -168.61K | 326.24K | 390.69K | 351.53K | 226.58K |
| Total Assets£ | 1.18M | 1.02M | 1.10M | 1.14M | 1.23M |
| Cash in Bank£ | 676.65K | 566.87K | 600.53K | 525.10K | 583.85K |
| Total Liabilities£ | 1.35M | 691.17K | 706.92K | 787.78K | 998.46K |
| Employees | 17 | 19 | 24 | 26 | 26 |
QUORUM DEVELOPMENT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for QUORUM DEVELOPMENT LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
QUORUM DEVELOPMENT LTD reported net assets of £226.58K for 2025. That compares with £351.53K in 2024, a change of -35.54%.
QUORUM DEVELOPMENT LTD reported total assets of £1.23M for 2025. That compares with £1.14M in 2024, a change of 7.53%.
QUORUM DEVELOPMENT LTD reported cash in bank of £583.85K for 2025. That compares with £525.10K in 2024, a change of 11.19%.
QUORUM DEVELOPMENT LTD reported 26 employees in 2025, compared with 26 in 2024.
Between 2023 and 2025, QUORUM DEVELOPMENT LTD's net assets fell by 42%, cash in bank fell by 2.8%, total assets rose by 11.6% and total liabilities rose by 41.2%. Net assets contracted at 23.8% a year across the two years to 2025, from £390.69K to £226.58K. Reported headcount went from 24 in 2023 to 26 in 2025 (+2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.