VERACODE LTD Financials
- Company number
- 07217991CopyCopy
- Registered office
- Suite 2, Ground Floor, Templeback,10 Temple Back, Bristol BS1 6FL
- Incorporated
- 09/04/2010
Company snapshot
- Status
- Active
- Employees
- 63 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
3.96%vs 20232023: £3.36M
Total Assets
2.90%vs 20232023: £4.19M
Cash in Bank
205.20%vs 20232023: £297.00K
Total Liabilities
-1.40%vs 20232023: £831.98K
Employees
-12vs 20232023: 75
In 2024, VERACODE LTD reported net assets of £3.49M. The same filing shows total assets of £4.31M, cash in bank of £906.44K and total liabilities of £820.35K. Reported headcount was 63 in 2024. Cash in Bank rose from £297.00K in 2023 to £906.44K in 2024 (205.20%). 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
3.96%from £3.36M 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 VERACODE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+11.1%vs 2022+5.4% a year compound (CAGR)
Cash in Bank
+106%vs 2022+43.6% a year compound (CAGR)
Total Assets
+10.3%vs 2022+5% a year compound (CAGR)
Total Liabilities
+7.1%vs 2022+3.5% a year compound (CAGR)
Employees
-13.7%vs 2022-10Biggest increase
Cash in Bank+106%
£439.79K in 2022 to £906.44K in 2024
Biggest decrease
Employees-13.7%
73 in 2022 to 63 in 2024
VERACODE LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VERACODE 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
- 80.98%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
- 19.02%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
- 110.49%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
- 21.02%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £173.67K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for VERACODE 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£ | 2.80M | 3.14M | 3.36M | 3.49M |
| Total Assets£ | 3.29M | 3.91M | 4.19M | 4.31M |
| Cash in Bank£ | 556.51K | 439.79K | 297.00K | 906.44K |
| Total Liabilities£ | 492.14K | 765.73K | 831.98K | 820.35K |
| Employees | 59 | 73 | 75 | 63 |
VERACODE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VERACODE LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
VERACODE LTD reported net assets of £3.49M for 2024. That compares with £3.36M in 2023, a change of 3.96%.
VERACODE LTD reported total assets of £4.31M for 2024. That compares with £4.19M in 2023, a change of 2.90%.
VERACODE LTD reported cash in bank of £906.44K for 2024. That compares with £297.00K in 2023, a change of 205.20%.
VERACODE LTD reported 63 employees in 2024, compared with 75 in 2023.
Between 2022 and 2024, VERACODE LTD's net assets rose by 11.1%, cash in bank rose by 106%, total assets rose by 10.3% and total liabilities rose by 7.1%. Net assets compounded at 5.4% a year across the two years to 2024, from £3.14M to £3.49M. Reported headcount went from 73 in 2022 to 63 in 2024 (-10).
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.