THE VALIDATION CENTRE (TVC) LIMITED Financials
- Company number
- 04596823CopyCopy
- Registered office
- Ingram House, Meridian Way, Norwich, Norfolk NR7 0TA
- Incorporated
- 21/11/2002
Company snapshot
- Status
- Active
- Employees
- 23 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
9.29%vs 20232023: £801.99K
Total Assets
-5.65%vs 20232023: £1.57M
Cash in Bank
-52.30%vs 20232023: £85.06K
Total Liabilities
-22.26%vs 20232023: £653.39K
Employees
+3vs 20232023: 20
In 2024, THE VALIDATION CENTRE (TVC) LIMITED reported net assets of £876.50K. The same filing shows total assets of £1.48M, cash in bank of £40.57K and total liabilities of £507.92K. Reported headcount was 23 in 2024. Total Liabilities fell from £653.39K in 2023 to £507.92K in 2024 (-22.26%). 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
9.29%from £801.99K 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 VALIDATION CENTRE (TVC) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+37%vs 2022+17.1% a year compound (CAGR)
Cash in Bank
-66.8%vs 2022-42.4% a year compound (CAGR)
Total Assets
+12.6%vs 2022+6.1% a year compound (CAGR)
Total Liabilities
-3.9%vs 2022-2% a year compound (CAGR)
Employees
+35.3%vs 2022+6Biggest increase
Net Assets+37%
£639.74K in 2022 to £876.50K in 2024
Biggest decrease
Cash in Bank-66.8%
£122.31K in 2022 to £40.57K in 2024
THE VALIDATION CENTRE (TVC) LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 VALIDATION CENTRE (TVC) 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
- 59.19%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
- 34.30%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
- 7.99%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
- 2.74%2024
- 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 THE VALIDATION CENTRE (TVC) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 466.61K | 639.74K | 801.99K | 876.50K |
| Total Assets£ | 1.04M | 1.32M | 1.57M | 1.48M |
| Cash in Bank£ | 60.06K | 122.31K | 85.06K | 40.57K |
| Total Liabilities£ | 369.29K | 528.55K | 653.39K | 507.92K |
| Employees | 16 | 17 | 20 | 23 |
THE VALIDATION CENTRE (TVC) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THE VALIDATION CENTRE (TVC) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
THE VALIDATION CENTRE (TVC) LIMITED reported net assets of £876.50K for 2024. That compares with £801.99K in 2023, a change of 9.29%.
THE VALIDATION CENTRE (TVC) LIMITED reported total assets of £1.48M for 2024. That compares with £1.57M in 2023, a change of -5.65%.
THE VALIDATION CENTRE (TVC) LIMITED reported cash in bank of £40.57K for 2024. That compares with £85.06K in 2023, a change of -52.30%.
THE VALIDATION CENTRE (TVC) LIMITED reported 23 employees in 2024, compared with 20 in 2023.
Between 2022 and 2024, THE VALIDATION CENTRE (TVC) LIMITED's net assets rose by 37%, cash in bank fell by 66.8%, total assets rose by 12.6% and total liabilities fell by 3.9%. Net assets compounded at 17.1% a year across the two years to 2024, from £639.74K to £876.50K. Reported headcount went from 17 in 2022 to 23 in 2024 (+6).
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.