VECTEO LTD Financials
- Company number
- 12087470CopyCopy
- Registered office
- Civic Centre, Victoria Avenue, Southend-On-Sea SS2 6FY
- Incorporated
- 05/07/2019
Company snapshot
- Status
- Active
- Employees
- 116 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
25.77%vs 20232023: £-246.38K
Total Assets
48.14%vs 20232023: £1.48M
Cash in Bank
-17.06%vs 20232023: £185.05K
Total Liabilities
37.58%vs 20232023: £1.72M
Employees
+14vs 20232023: 102
In 2024, VECTEO LTD reported net assets of £-182.90K. The same filing shows total assets of £2.19M, cash in bank of £153.48K and total liabilities of £2.37M. Reported headcount was 116 in 2024. Total Assets rose from £1.48M in 2023 to £2.19M in 2024 (48.14%). 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
25.77%from £-246.38K 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 VECTEO LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
-68.4%vs 2022-43.8% a year compound (CAGR)
Total Assets
+31.2%vs 2022+14.5% a year compound (CAGR)
Total Liabilities
+36%vs 2022+16.6% a year compound (CAGR)
Employees
+20.8%vs 2022+20Biggest increase
Total Liabilities+36%
£1.74M in 2022 to £2.37M in 2024
Biggest decrease
Cash in Bank-68.4%
£485.68K in 2022 to £153.48K in 2024
VECTEO LTD'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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VECTEO LTD'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
- -8.36%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
- 108.36%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
- 6.47%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
- 7.02%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 VECTEO LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 132.48K | -75.29K | -246.38K | -182.90K |
| Total Assets£ | 470.38K | 1.67M | 1.48M | 2.19M |
| Cash in Bank£ | 270.66K | 485.68K | 185.05K | 153.48K |
| Total Liabilities£ | 337.89K | 1.74M | 1.72M | 2.37M |
| Employees | 11 | 96 | 102 | 116 |
VECTEO LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VECTEO LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
VECTEO LTD reported net assets of £-182.90K for 2024. That compares with £-246.38K in 2023, a change of 25.77%.
VECTEO LTD reported total assets of £2.19M for 2024. That compares with £1.48M in 2023, a change of 48.14%.
VECTEO LTD reported cash in bank of £153.48K for 2024. That compares with £185.05K in 2023, a change of -17.06%.
VECTEO LTD reported 116 employees in 2024, compared with 102 in 2023.
Between 2022 and 2024, VECTEO LTD's cash in bank fell by 68.4%, total assets rose by 31.2%, total liabilities rose by 36% and employee numbers rose by 20.8%. Cash in bank contracted at 43.8% a year across the two years to 2024, from £485.68K to £153.48K. Reported headcount went from 96 in 2022 to 116 in 2024 (+20).
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.