Active

QURE GROUP LTD Financials

Company number
13041330Copy
Copy
Registered office
Solutions House Chorley Business & Technology Centre, Euxton Lane, Chorley, Lancashire PR7 6TE
Incorporated
24/11/2020

Company snapshot

Status
Active
Employees
17 (2023)
Latest financial data
2023
Accounts type
Audit Exemption Subsidiary

Financial highlights

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

Net Assets

£173.55K2023
403.14%vs 2022

2022: £34.49K

Total Assets

£54.40K2023
619.36%vs 2022

2022: £7.56K

Cash in Bank

£225.65K2023
11.94%vs 2022

2022: £201.59K

Total Liabilities

£479.44K2021
First reported year

Employees

172023
+6vs 2022

2022: 11

In 2023, QURE GROUP LTD reported net assets of £173.55K. The same filing shows total assets of £54.40K, cash in bank of £225.65K and total liabilities of £479.44K. Reported headcount was 17 in 2023. Net Assets rose from £34.49K in 2022 to £173.55K in 2023 (403.14%). 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

£173.55K2023
403.14%from £34.49K 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 QURE GROUP LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£-93.92K2021£173.55K2023
Increasedvs 2021

Cash in Bank

£25.77K2021£225.65K2023
+776%vs 2021

+196% a year compound (CAGR)

Total Assets

£390.48K2021£54.40K2023
-86.1%vs 2021

-62.7% a year compound (CAGR)

Employees

82021172023
+113%vs 2021+9

Biggest increase

Cash in Bank+776%

£25.77K in 2021 to £225.65K in 2023

Biggest decrease

Total Assets-86.1%

£390.48K in 2021 to £54.40K in 2023

QURE GROUP 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 assets, pointing to a narrowing asset base. See the full year-by-year figures.

Ratios from the filed figures

Calculated from QURE GROUP 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
319.04%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
122.78%2021
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
5.38%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
414.82%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 QURE GROUP LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£-93.92K34.49K173.55K
Total Assets£390.48K7.56K54.40K
Cash in Bank£25.77K201.59K225.65K
Total Liabilities£479.44K––
Employees81117

QURE GROUP LTD financials: frequently asked questions

Answered from this company's own filed figures.

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

QURE GROUP LTD reported net assets of £173.55K for 2023. That compares with £34.49K in 2022, a change of 403.14%.

QURE GROUP LTD reported total assets of £54.40K for 2023. That compares with £7.56K in 2022, a change of 619.36%.

QURE GROUP LTD reported cash in bank of £225.65K for 2023. That compares with £201.59K in 2022, a change of 11.94%.

QURE GROUP LTD reported 17 employees in 2023, compared with 11 in 2022.

Between 2021 and 2023, QURE GROUP LTD's cash in bank rose by 776%, total assets fell by 86.1% and employee numbers rose by 113%. Cash in bank compounded at 196% a year across the two years to 2023, from £25.77K to £225.65K. Reported headcount went from 8 in 2021 to 17 in 2023 (+9).

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.