VAR SERVICES LIMITED Financials
- Company number
- 06313384CopyCopy
- Registered office
- Nunn Brook Road, Sutton In Ashfield, Nottinghamshire NG17 2HU
- Incorporated
- 16/07/2007
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Audited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
16.47%vs 20232023: £173.50K
Total Assets
20.05%vs 20232023: £711.94K
Cash in Bank
28.74%vs 20232023: £351.63K
Total Liabilities
21.20%vs 20232023: £538.44K
Employees
+1vs 20232023: 6
In 2024, VAR SERVICES LIMITED reported net assets of £202.07K. The same filing shows total assets of £854.66K, cash in bank of £452.70K and total liabilities of £652.59K. Reported headcount was 7 in 2024. Total Assets rose from £711.94K in 2023 to £854.66K in 2024 (20.05%). Okredo holds filed figures for 2022–2024; 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
16.47%from £173.50K in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures VAR SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+61.5%vs 2022+27.1% a year compound (CAGR)
Cash in Bank
+185%vs 2022+68.7% a year compound (CAGR)
Total Assets
+39.7%vs 2022+18.2% a year compound (CAGR)
Total Liabilities
+34.1%vs 2022+15.8% a year compound (CAGR)
Employees
+40%vs 2022+2Biggest increase
Cash in Bank+185%
£159.11K in 2022 to £452.70K in 2024
Every indicator Okredo holds for VAR SERVICES LIMITED rose between 2022 and 2024. 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 VAR SERVICES 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
- 23.64%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
- 76.36%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
- 69.37%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
- 52.97%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 VAR SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 125.11K | 173.50K | 202.07K |
| Total Assets£ | 611.73K | 711.94K | 854.66K |
| Cash in Bank£ | 159.11K | 351.63K | 452.70K |
| Total Liabilities£ | 486.63K | 538.44K | 652.59K |
| Employees | 5 | 6 | 7 |
VAR SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VAR SERVICES LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
VAR SERVICES LIMITED reported net assets of £202.07K for 2024. That compares with £173.50K in 2023, a change of 16.47%.
VAR SERVICES LIMITED reported total assets of £854.66K for 2024. That compares with £711.94K in 2023, a change of 20.05%.
VAR SERVICES LIMITED reported cash in bank of £452.70K for 2024. That compares with £351.63K in 2023, a change of 28.74%.
VAR SERVICES LIMITED reported 7 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, VAR SERVICES LIMITED's net assets rose by 61.5%, cash in bank rose by 185%, total assets rose by 39.7% and total liabilities rose by 34.1%. Net assets compounded at 27.1% a year across the two years to 2024, from £125.11K to £202.07K. Reported headcount went from 5 in 2022 to 7 in 2024 (+2).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.