VERATIS GROUP LTD Financials
- Company number
- 09231527Copy
Copy - Registered office
- 4 Ty-Nant Court, Morganstown, Cardiff CF15 8LW
- Incorporated
- 23/09/2014
Company snapshot
- Status
- Active
- Employees
- 9 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-16.10%vs 20232023: £431.90K
Total Assets
-80.77%vs 20212021: £992.11K
Cash in Bank
-62.61%vs 20232023: £152.76K
Total Liabilities
No changevs 20232023: £0.00
Employees
+2vs 20232023: 7
In 2024, VERATIS GROUP LTD reported net assets of £362.36K. The same filing shows total assets of £190.83K, cash in bank of £57.11K and total liabilities of £0.00. Reported headcount was 9 in 2024. Total Assets fell from £992.11K in 2021 to £190.83K in 2022 (-80.77%). 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
-16.10%from £431.90K 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 VERATIS GROUP LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-7.8%vs 2022-4% a year compound (CAGR)
Cash in Bank
-70.1%vs 2022-45.3% a year compound (CAGR)
Total Liabilities
-100%vs 2022Employees
+28.6%vs 2022+2Biggest increase
Employees+28.6%
7 in 2022 to 9 in 2024
Biggest decrease
Total Liabilities-100%
£857.05K in 2022 to £0.00 in 2024
VERATIS GROUP LTD'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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VERATIS GROUP 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
- 206.05%2022
- Liabilities to total assets
- 449.11%2022
- Cash to liabilities
- 22.27%2022
- Cash to total assets
- 100.00%2022
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 VERATIS GROUP 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£ | 1.84M | 393.21K | 431.90K | 362.36K |
| Total Assets£ | 992.11K | 190.83K | – | – |
| Cash in Bank£ | 47.34K | 190.83K | 152.76K | 57.11K |
| Total Liabilities£ | 210.25K | 857.05K | 0.00 | 0.00 |
| Employees | 7 | 7 | 7 | 9 |
VERATIS GROUP LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has VERATIS GROUP LTD filed financial statements?
Yes. Okredo holds filed figures for VERATIS GROUP LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did VERATIS GROUP LTD report in 2024?
VERATIS GROUP LTD reported net assets of £362.36K for 2024. That compares with £431.90K in 2023, a change of -16.10%.
What total assets did VERATIS GROUP LTD report in 2022?
VERATIS GROUP LTD reported total assets of £190.83K for 2022. That compares with £992.11K in 2021, a change of -80.77%.
What cash in bank did VERATIS GROUP LTD report in 2024?
VERATIS GROUP LTD reported cash in bank of £57.11K for 2024. That compares with £152.76K in 2023, a change of -62.61%.
How many people does VERATIS GROUP LTD employ?
VERATIS GROUP LTD reported 9 employees in 2024, compared with 7 in 2023.
How have VERATIS GROUP LTD financials changed over the last 3 years?
Between 2022 and 2024, VERATIS GROUP LTD's net assets fell by 7.8%, cash in bank fell by 70.1%, total liabilities fell by 100% and employee numbers rose by 28.6%. Net assets contracted at 4% a year across the two years to 2024, from £393.21K to £362.36K. Reported headcount went from 7 in 2022 to 9 in 2024 (+2).
Which years of VERATIS GROUP LTD financial data are available?
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.