VERSALIFT UNITED KINGDOM LIMITED Financials
- Company number
- 02888311CopyCopy
- Registered office
- 1 Altendiez Way, Burton Latimer, Kettering, Northamptonshire NN15 5YT
- Incorporated
- 17/01/1994
Company snapshot
- Status
- Active
- Employees
- 125 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-66.42%vs 20232023: £5.84M
Total Assets
-6.94%vs 20232023: £28.24M
Cash in Bank
2.07%vs 20232023: £1.07M
Total Liabilities
8.46%vs 20232023: £22.20M
Employees
-16vs 20232023: 141
In 2024, VERSALIFT UNITED KINGDOM LIMITED reported net assets of £1.96M. The same filing shows total assets of £26.28M, cash in bank of £1.09M and total liabilities of £24.08M. Reported headcount was 125 in 2024. Net Assets fell from £5.84M in 2023 to £1.96M in 2024 (-66.42%). 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
-66.42%from £5.84M 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 VERSALIFT UNITED KINGDOM LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-75.4%vs 2022-50.4% a year compound (CAGR)
Cash in Bank
+8.9%vs 2022+4.4% a year compound (CAGR)
Total Assets
+23.5%vs 2022+11.1% a year compound (CAGR)
Total Liabilities
+83.9%vs 2022+35.6% a year compound (CAGR)
Employees
+10.6%vs 2022+12Biggest increase
Total Liabilities+83.9%
£13.09M in 2022 to £24.08M in 2024
Biggest decrease
Net Assets-75.4%
£7.96M in 2022 to £1.96M in 2024
VERSALIFT UNITED KINGDOM 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 VERSALIFT UNITED KINGDOM 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
- 7.46%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
- 91.62%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
- 4.53%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
- 4.15%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £277.57K2024
- 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 VERSALIFT UNITED KINGDOM 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£ | 7.29M | 7.96M | 5.84M | 1.96M |
| Total Assets£ | 15.99M | 21.27M | 28.24M | 26.28M |
| Cash in Bank£ | 1.64M | 1.00M | 1.07M | 1.09M |
| Total Liabilities£ | 8.50M | 13.09M | 22.20M | 24.08M |
| Employees | 103 | 113 | 141 | 125 |
VERSALIFT UNITED KINGDOM LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VERSALIFT UNITED KINGDOM LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
VERSALIFT UNITED KINGDOM LIMITED reported net assets of £1.96M for 2024. That compares with £5.84M in 2023, a change of -66.42%.
VERSALIFT UNITED KINGDOM LIMITED reported total assets of £26.28M for 2024. That compares with £28.24M in 2023, a change of -6.94%.
VERSALIFT UNITED KINGDOM LIMITED reported cash in bank of £1.09M for 2024. That compares with £1.07M in 2023, a change of 2.07%.
VERSALIFT UNITED KINGDOM LIMITED reported 125 employees in 2024, compared with 141 in 2023.
Between 2022 and 2024, VERSALIFT UNITED KINGDOM LIMITED's net assets fell by 75.4%, cash in bank rose by 8.9%, total assets rose by 23.5% and total liabilities rose by 83.9%. Net assets contracted at 50.4% a year across the two years to 2024, from £7.96M to £1.96M. Reported headcount went from 113 in 2022 to 125 in 2024 (+12).
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.