VEHICLE QUALITY SOLUTIONS LIMITED Financials
- Company number
- 04221755CopyCopy
- Registered office
- 6 Redwing Court, Willow Farm Business Park, Castle Donington, Derbyshire DE74 2UH
- Incorporated
- 22/05/2001
Company snapshot
- Status
- Active
- Employees
- 95 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
51.55%vs 20232023: £1.32M
Total Assets
49.36%vs 20232023: £3.13M
Cash in Bank
74.48%vs 20232023: £584.90K
Total Liabilities
37.77%vs 20232023: £1.10M
Employees
+25vs 20232023: 70
In 2024, VEHICLE QUALITY SOLUTIONS LIMITED reported net assets of £2.00M. The same filing shows total assets of £4.67M, cash in bank of £1.02M and total liabilities of £1.52M. Reported headcount was 95 in 2024. Total Assets rose from £3.13M in 2023 to £4.67M in 2024 (49.36%). 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
51.55%from £1.32M 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 VEHICLE QUALITY SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+55.6%vs 2022+24.7% a year compound (CAGR)
Cash in Bank
+176%vs 2022+66.1% a year compound (CAGR)
Total Assets
+97.5%vs 2022+40.5% a year compound (CAGR)
Total Liabilities
+181%vs 2022+67.7% a year compound (CAGR)
Employees
+82.7%vs 2022+43Biggest increase
Total Liabilities+181%
£541.33K in 2022 to £1.52M in 2024
Every indicator Okredo holds for VEHICLE QUALITY SOLUTIONS LIMITED rose between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VEHICLE QUALITY SOLUTIONS 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
- 42.91%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
- 32.59%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
- 67.07%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
- 21.86%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 VEHICLE QUALITY SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.46M | 1.29M | 1.32M | 2.00M |
| Total Assets£ | 2.76M | 2.36M | 3.13M | 4.67M |
| Cash in Bank£ | 1.07M | 369.98K | 584.90K | 1.02M |
| Total Liabilities£ | 762.30K | 541.33K | 1.10M | 1.52M |
| Employees | 49 | 52 | 70 | 95 |
VEHICLE QUALITY SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VEHICLE QUALITY SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
VEHICLE QUALITY SOLUTIONS LIMITED reported net assets of £2.00M for 2024. That compares with £1.32M in 2023, a change of 51.55%.
VEHICLE QUALITY SOLUTIONS LIMITED reported total assets of £4.67M for 2024. That compares with £3.13M in 2023, a change of 49.36%.
VEHICLE QUALITY SOLUTIONS LIMITED reported cash in bank of £1.02M for 2024. That compares with £584.90K in 2023, a change of 74.48%.
VEHICLE QUALITY SOLUTIONS LIMITED reported 95 employees in 2024, compared with 70 in 2023.
Between 2022 and 2024, VEHICLE QUALITY SOLUTIONS LIMITED's net assets rose by 55.6%, cash in bank rose by 176%, total assets rose by 97.5% and total liabilities rose by 181%. Net assets compounded at 24.7% a year across the two years to 2024, from £1.29M to £2.00M. Reported headcount went from 52 in 2022 to 95 in 2024 (+43).
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.