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VECTIS AUCTIONS LIMITED Financials

Company number
03298762Copy
Copy
Registered office
Fleck Way Teesside Industrial Estate, Thornaby, Stockton-On-Tees, Cleveland TS17 9JZ
Incorporated
03/01/1997

Company snapshot

Status
Active
Employees
56 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

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

Net Assets

£876.79K2024
15.03%vs 2023

2023: £762.24K

Total Assets

£1.58M2024
-13.12%vs 2023

2023: £1.81M

Cash in Bank

£0.002024
-100.00%vs 2023

2023: £1.40K

Total Liabilities

£699.52K2024
-33.52%vs 2023

2023: £1.05M

Employees

562024
+6vs 2023

2023: 50

In 2024, VECTIS AUCTIONS LIMITED reported net assets of £876.79K. The same filing shows total assets of £1.58M, cash in bank of £0.00 and total liabilities of £699.52K. Reported headcount was 56 in 2024. Total Liabilities fell from £1.05M in 2023 to £699.52K in 2024 (-33.52%). 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

£876.79K2024
15.03%from £762.24K 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 VECTIS AUCTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£846.76K2022£876.79K2024
+3.5%vs 2022

+1.8% a year compound (CAGR)

Cash in Bank

£5.06K2022£0.002024
-100%vs 2022

Total Assets

£1.44M2022£1.58M2024
+9.6%vs 2022

+4.7% a year compound (CAGR)

Total Liabilities

£591.49K2022£699.52K2024
+18.3%vs 2022

+8.7% a year compound (CAGR)

Employees

422022562024
+33.3%vs 2022+14

Biggest increase

Employees+33.3%

42 in 2022 to 56 in 2024

Biggest decrease

Cash in Bank-100%

£5.06K in 2022 to £0.00 in 2024

VECTIS AUCTIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 VECTIS AUCTIONS 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
55.62%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
44.38%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 VECTIS AUCTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£953.26K846.76K762.24K876.79K
Total Assets£1.69M1.44M1.81M1.58M
Cash in Bank£130.92K5.06K1.40K0.00
Total Liabilities£733.25K591.49K1.05M699.52K
Employees37425056

VECTIS AUCTIONS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for VECTIS AUCTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

VECTIS AUCTIONS LIMITED reported net assets of £876.79K for 2024. That compares with £762.24K in 2023, a change of 15.03%.

VECTIS AUCTIONS LIMITED reported total assets of £1.58M for 2024. That compares with £1.81M in 2023, a change of -13.12%.

VECTIS AUCTIONS LIMITED reported cash in bank of £0.00 for 2024. That compares with £1.40K in 2023, a change of -100.00%.

VECTIS AUCTIONS LIMITED reported 56 employees in 2024, compared with 50 in 2023.

Between 2022 and 2024, VECTIS AUCTIONS LIMITED's net assets rose by 3.5%, cash in bank fell by 100%, total assets rose by 9.6% and total liabilities rose by 18.3%. Net assets compounded at 1.8% a year across the two years to 2024, from £846.76K to £876.79K. Reported headcount went from 42 in 2022 to 56 in 2024 (+14).

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.