VANTAGE POWER LIMITED Financials
- Company number
- 07506426CopyCopy
- Industry
- Other research and experimental development on natural sciences and engineering (72.19 - SIC 2007)
- Registered office
- Unit 7 Ockham Drive, Greenford, London UB6 0FD
- Incorporated
- 26/01/2011
Company snapshot
- Status
- Active
- Employees
- 32 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
38.28%vs 20222022: £2.60M
Total Assets
38.73%vs 20222022: £3.16M
Cash in Bank
92.36%vs 20222022: £696.80K
Total Liabilities
40.80%vs 20222022: £562.06K
Employees
+4vs 20222022: 28
In 2023, VANTAGE POWER LIMITED reported net assets of £3.59M. The same filing shows total assets of £4.39M, cash in bank of £1.34M and total liabilities of £791.37K. Reported headcount was 32 in 2023. Total Assets rose from £3.16M in 2022 to £4.39M in 2023 (38.73%). 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
38.28%from £2.60M in 2022Year-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 VANTAGE POWER LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+85.3%vs 2021+36.1% a year compound (CAGR)
Cash in Bank
+144%vs 2021+56.3% a year compound (CAGR)
Total Assets
+93.5%vs 2021+39.1% a year compound (CAGR)
Total Liabilities
+142%vs 2021+55.5% a year compound (CAGR)
Employees
+18.5%vs 2021+5Biggest increase
Cash in Bank+144%
£548.49K in 2021 to £1.34M in 2023
Every indicator Okredo holds for VANTAGE POWER LIMITED rose between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VANTAGE POWER 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
- 81.96%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
- 18.04%2023
- 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
- 169.38%2023
- 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
- 30.56%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 VANTAGE POWER LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.94M | 2.60M | 3.59M |
| Total Assets£ | 2.27M | 3.16M | 4.39M |
| Cash in Bank£ | 548.49K | 696.80K | 1.34M |
| Total Liabilities£ | 327.35K | 562.06K | 791.37K |
| Employees | 27 | 28 | 32 |
VANTAGE POWER LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VANTAGE POWER LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
VANTAGE POWER LIMITED reported net assets of £3.59M for 2023. That compares with £2.60M in 2022, a change of 38.28%.
VANTAGE POWER LIMITED reported total assets of £4.39M for 2023. That compares with £3.16M in 2022, a change of 38.73%.
VANTAGE POWER LIMITED reported cash in bank of £1.34M for 2023. That compares with £696.80K in 2022, a change of 92.36%.
VANTAGE POWER LIMITED reported 32 employees in 2023, compared with 28 in 2022.
Between 2021 and 2023, VANTAGE POWER LIMITED's net assets rose by 85.3%, cash in bank rose by 144%, total assets rose by 93.5% and total liabilities rose by 142%. Net assets compounded at 36.1% a year across the two years to 2023, from £1.94M to £3.59M. Reported headcount went from 27 in 2021 to 32 in 2023 (+5).
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.