V-TES LIMITED Financials
- Company number
- SC433495CopyCopy
- Registered office
- 13 Henderson Road, Inverness IV1 1SN
- Incorporated
- 27/09/2012
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-90.52%vs 20232023: £-102.06K
Total Assets
-52.39%vs 20232023: £584.08K
Cash in Bank
85.06%vs 20232023: £36.70K
Total Liabilities
-30.95%vs 20232023: £679.12K
Employees
-1vs 20232023: 6
In 2024, V-TES LIMITED reported net assets of £-194.44K. The same filing shows total assets of £278.09K, cash in bank of £67.92K and total liabilities of £468.92K. Reported headcount was 5 in 2024. Total Assets fell from £584.08K in 2023 to £278.09K in 2024 (-52.39%). 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
-90.52%from £-102.06K 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 V-TES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-191%vs 2022Cash in Bank
+55.6%vs 2022+24.7% a year compound (CAGR)
Total Assets
-27.2%vs 2022-14.7% a year compound (CAGR)
Total Liabilities
+178%vs 2022+66.8% a year compound (CAGR)
Employees
-16.7%vs 2022-1Biggest increase
Total Liabilities+178%
£168.53K in 2022 to £468.92K in 2024
Biggest decrease
Net Assets-191%
£213.29K in 2022 to £-194.44K in 2024
V-TES LIMITED'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from V-TES 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
- -69.92%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
- 168.62%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
- 14.48%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
- 24.42%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 V-TES 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£ | 275.40K | 213.29K | -102.06K | -194.44K |
| Total Assets£ | 553.30K | 381.82K | 584.08K | 278.09K |
| Cash in Bank£ | 31.41K | 43.65K | 36.70K | 67.92K |
| Total Liabilities£ | 277.90K | 168.53K | 679.12K | 468.92K |
| Employees | 10 | 6 | 6 | 5 |
V-TES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for V-TES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
V-TES LIMITED reported net assets of £-194.44K for 2024. That compares with £-102.06K in 2023, a change of -90.52%.
V-TES LIMITED reported total assets of £278.09K for 2024. That compares with £584.08K in 2023, a change of -52.39%.
V-TES LIMITED reported cash in bank of £67.92K for 2024. That compares with £36.70K in 2023, a change of 85.06%.
V-TES LIMITED reported 5 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, V-TES LIMITED's net assets fell by 191%, cash in bank rose by 55.6%, total assets fell by 27.2% and total liabilities rose by 178%. Cash in bank compounded at 24.7% a year across the two years to 2024, from £43.65K to £67.92K. Reported headcount went from 6 in 2022 to 5 in 2024 (-1).
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.