THE ESSENCE VAULT LTD Financials
- Company number
- NI666665CopyCopy
- Registered office
- Unit 13 Craigstown Industrial Estate Craigstown Road, Randalstown, Antrim BT41 2PT
- Incorporated
- 20/12/2019
Company snapshot
- Status
- Active
- Employees
- 191 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-34.41%vs 20232023: £2.57M
Total Assets
65.44%vs 20232023: £12.82M
Cash in Bank
-49.64%vs 20232023: £1.40M
Total Liabilities
142.69%vs 20232023: £7.46M
Employees
+65vs 20232023: 126
In 2024, THE ESSENCE VAULT LTD reported net assets of £1.69M. The same filing shows total assets of £21.21M, cash in bank of £704.23K and total liabilities of £18.11M. Reported headcount was 191 in 2024. Total Liabilities rose from £7.46M in 2023 to £18.11M in 2024 (142.69%). 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
-34.41%from £2.57M 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 THE ESSENCE VAULT LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-29.8%vs 2022-16.2% a year compound (CAGR)
Cash in Bank
-56.8%vs 2022-34.2% a year compound (CAGR)
Total Assets
+264%vs 2022+90.8% a year compound (CAGR)
Total Liabilities
+765%vs 2022+194% a year compound (CAGR)
Employees
+203%vs 2022+128Biggest increase
Total Liabilities+765%
£2.09M in 2022 to £18.11M in 2024
Biggest decrease
Cash in Bank-56.8%
£1.63M in 2022 to £704.23K in 2024
THE ESSENCE VAULT LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THE ESSENCE VAULT 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
- 7.95%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
- 85.41%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
- 3.89%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
- 3.32%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £181.12K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for THE ESSENCE VAULT LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.03M | 2.40M | 2.57M | 1.69M |
| Total Assets£ | 2.70M | 5.83M | 12.82M | 21.21M |
| Cash in Bank£ | 657.08K | 1.63M | 1.40M | 704.23K |
| Total Liabilities£ | 933.66K | 2.09M | 7.46M | 18.11M |
| Employees | 42 | 63 | 126 | 191 |
THE ESSENCE VAULT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THE ESSENCE VAULT LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
THE ESSENCE VAULT LTD reported net assets of £1.69M for 2024. That compares with £2.57M in 2023, a change of -34.41%.
THE ESSENCE VAULT LTD reported total assets of £21.21M for 2024. That compares with £12.82M in 2023, a change of 65.44%.
THE ESSENCE VAULT LTD reported cash in bank of £704.23K for 2024. That compares with £1.40M in 2023, a change of -49.64%.
THE ESSENCE VAULT LTD reported 191 employees in 2024, compared with 126 in 2023.
Between 2022 and 2024, THE ESSENCE VAULT LTD's net assets fell by 29.8%, cash in bank fell by 56.8%, total assets rose by 264% and total liabilities rose by 765%. Net assets contracted at 16.2% a year across the two years to 2024, from £2.40M to £1.69M. Reported headcount went from 63 in 2022 to 191 in 2024 (+128).
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.