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VERITY CONSULTANCY LIMITED Financials

Company number
09149440Copy
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Registered office
20 Wenlock Road, London N1 7GU
Incorporated
28/07/2014

Company snapshot

Status
Active
Employees
4 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

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

Net Assets

£-64.15K2024
-610.63%vs 2023

2023: £-9.03K

Total Assets

£52.62K2024
61.67%vs 2023

2023: £32.55K

Cash in Bank

£337.002024
665.91%vs 2023

2023: £44.00

Total Liabilities

£97.45K2024
277.85%vs 2023

2023: £25.79K

Employees

42024
0vs 2023

2023: 4

In 2024, VERITY CONSULTANCY LIMITED reported net assets of £-64.15K. The same filing shows total assets of £52.62K, cash in bank of £337.00 and total liabilities of £97.45K. Reported headcount was 4 in 2024. Total Liabilities rose from £25.79K in 2023 to £97.45K in 2024 (277.85%). 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

£-64.15K2024
-610.63%from £-9.03K 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 VERITY CONSULTANCY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£24.50K2022£-64.15K2024
-362%vs 2022

Cash in Bank

£13.47K2022£337.002024
-97.5%vs 2022

-84.2% a year compound (CAGR)

Total Assets

£45.91K2022£52.62K2024
+14.6%vs 2022

+7.1% a year compound (CAGR)

Total Liabilities

£5.51K2022£97.45K2024
+1670%vs 2022

+321% a year compound (CAGR)

Employees

4202242024
0%vs 2022

Biggest increase

Total Liabilities+1670%

£5.51K in 2022 to £97.45K in 2024

Biggest decrease

Net Assets-362%

£24.50K in 2022 to £-64.15K in 2024

VERITY CONSULTANCY LIMITED'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from VERITY CONSULTANCY 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
-121.91%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
185.20%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
0.35%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
0.64%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 VERITY CONSULTANCY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£16.84K24.50K-9.03K-64.15K
Total Assets£20.26K45.91K32.55K52.62K
Cash in Bank£1.66K13.47K44.00337.00
Total Liabilities£3.42K5.51K25.79K97.45K
Employees4444

VERITY CONSULTANCY LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has VERITY CONSULTANCY LIMITED filed financial statements?

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

What net assets did VERITY CONSULTANCY LIMITED report in 2024?

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VERITY CONSULTANCY LIMITED reported net assets of £-64.15K for 2024. That compares with £-9.03K in 2023, a change of -610.63%.

What total assets did VERITY CONSULTANCY LIMITED report in 2024?

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VERITY CONSULTANCY LIMITED reported total assets of £52.62K for 2024. That compares with £32.55K in 2023, a change of 61.67%.

What cash in bank did VERITY CONSULTANCY LIMITED report in 2024?

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VERITY CONSULTANCY LIMITED reported cash in bank of £337.00 for 2024. That compares with £44.00 in 2023, a change of 665.91%.

How many people does VERITY CONSULTANCY LIMITED employ?

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VERITY CONSULTANCY LIMITED reported 4 employees in 2024, compared with 4 in 2023.

How have VERITY CONSULTANCY LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, VERITY CONSULTANCY LIMITED's net assets fell by 362%, cash in bank fell by 97.5%, total assets rose by 14.6% and total liabilities rose by 1670%. Cash in bank contracted at 84.2% a year across the two years to 2024, from £13.47K to £337.00. Reported headcount went from 4 in 2022 to 4 in 2024.

Which years of VERITY CONSULTANCY LIMITED financial data are available?

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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.