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VANTAGE ENGINEERING LIMITED Financials

Company number
08485987Copy
Copy
Registered office
Unit 7b Rudgwick Brickworks Lynwick Street, Rudgwick, Horsham, West Sussex RH12 3UW
Incorporated
12/04/2013

Company snapshot

Status
Active
Employees
7 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£203.66K2024
203.89%vs 2023

2023: £67.02K

Total Assets

£372.28K2024
52.44%vs 2023

2023: £244.21K

Total Liabilities

£168.63K2024
-4.83%vs 2023

2023: £177.20K

Employees

72024
-1vs 2023

2023: 8

In 2024, VANTAGE ENGINEERING LIMITED reported net assets of £203.66K. The same filing shows total assets of £372.28K and total liabilities of £168.63K. Reported headcount was 7 in 2024. Net Assets rose from £67.02K in 2023 to £203.66K in 2024 (203.89%). 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

£203.66K2024
203.89%from £67.02K in 2023

Year-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 VANTAGE ENGINEERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£112.28K2022£203.66K2024
+81.4%vs 2022

+34.7% a year compound (CAGR)

Total Assets

£281.96K2022£372.28K2024
+32%vs 2022

+14.9% a year compound (CAGR)

Total Liabilities

£169.68K2022£168.63K2024
-0.6%vs 2022

-0.3% a year compound (CAGR)

Employees

9202272024
-22.2%vs 2022-2

Biggest increase

Net Assets+81.4%

£112.28K in 2022 to £203.66K in 2024

Biggest decrease

Employees-22.2%

9 in 2022 to 7 in 2024

VANTAGE ENGINEERING 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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from VANTAGE ENGINEERING 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
54.70%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
45.30%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for VANTAGE ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£23.63K112.28K67.02K203.66K
Total Assets£208.52K281.96K244.21K372.28K
Cash in Bank£––––
Total Liabilities£184.89K169.68K177.20K168.63K
Employees7987

VANTAGE ENGINEERING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for VANTAGE ENGINEERING LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

VANTAGE ENGINEERING LIMITED reported net assets of £203.66K for 2024. That compares with £67.02K in 2023, a change of 203.89%.

VANTAGE ENGINEERING LIMITED reported total assets of £372.28K for 2024. That compares with £244.21K in 2023, a change of 52.44%.

VANTAGE ENGINEERING LIMITED reported total liabilities of £168.63K for 2024. That compares with £177.20K in 2023, a change of -4.83%.

VANTAGE ENGINEERING LIMITED reported 7 employees in 2024, compared with 8 in 2023.

Between 2022 and 2024, VANTAGE ENGINEERING LIMITED's net assets rose by 81.4%, total assets rose by 32%, total liabilities fell by 0.6% and employee numbers fell by 22.2%. Net assets compounded at 34.7% a year across the two years to 2024, from £112.28K to £203.66K. Reported headcount went from 9 in 2022 to 7 in 2024 (-2).

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.