VERSATILE ACCOUNTANCY SERVICES LIMITED Financials
- Company number
- 05616292CopyCopy
- Registered office
- Globe House Globe Park, Moss Bridge Road, Rochdale OL16 5EB
- Incorporated
- 08/11/2005
Company snapshot
- Status
- Active
- Employees
- 5 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-21.65%vs 20242024: £444.59K
Total Assets
-12.95%vs 20242024: £540.96K
Cash in Bank
42.81%vs 20212021: £15.73K
Total Liabilities
8.64%vs 20212021: £246.60K
Employees
-4vs 20242024: 9
In 2025, VERSATILE ACCOUNTANCY SERVICES LIMITED reported net assets of £348.32K. The same filing shows total assets of £470.91K, cash in bank of £22.46K and total liabilities of £267.90K. Reported headcount was 5 in 2025. Net Assets fell from £444.59K in 2024 to £348.32K in 2025 (-21.65%). Okredo holds filed figures for 2021–2025; 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
-21.65%from £444.59K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures VERSATILE ACCOUNTANCY SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-23.6%vs 2023-12.6% a year compound (CAGR)
Total Assets
-9.2%vs 2023-4.7% a year compound (CAGR)
Employees
-50%vs 2023-5Biggest decrease
Employees-50%
10 in 2023 to 5 in 2025
Every indicator Okredo holds for VERSATILE ACCOUNTANCY SERVICES LIMITED fell between 2023 and 2025. The steepest fall came in employee numbers, pointing to a smaller workforce, with net assets and total assets falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VERSATILE ACCOUNTANCY SERVICES 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
- 73.97%2025
- 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
- 82.29%2022
- 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
- 8.39%2022
- 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
- 6.90%2022
- 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 VERSATILE ACCOUNTANCY SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 61.60K | 57.66K | 456.00K | 444.59K | 348.32K |
| Total Assets£ | 308.19K | 325.55K | 518.67K | 540.96K | 470.91K |
| Cash in Bank£ | 15.73K | 22.46K | – | – | – |
| Total Liabilities£ | 246.60K | 267.90K | – | – | – |
| Employees | 0 | 10 | 10 | 9 | 5 |
VERSATILE ACCOUNTANCY SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VERSATILE ACCOUNTANCY SERVICES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
VERSATILE ACCOUNTANCY SERVICES LIMITED reported net assets of £348.32K for 2025. That compares with £444.59K in 2024, a change of -21.65%.
VERSATILE ACCOUNTANCY SERVICES LIMITED reported total assets of £470.91K for 2025. That compares with £540.96K in 2024, a change of -12.95%.
VERSATILE ACCOUNTANCY SERVICES LIMITED reported cash in bank of £22.46K for 2022. That compares with £15.73K in 2021, a change of 42.81%.
VERSATILE ACCOUNTANCY SERVICES LIMITED reported 5 employees in 2025, compared with 9 in 2024.
Between 2023 and 2025, VERSATILE ACCOUNTANCY SERVICES LIMITED's net assets fell by 23.6%, total assets fell by 9.2% and employee numbers fell by 50%. Net assets contracted at 12.6% a year across the two years to 2025, from £456.00K to £348.32K. Reported headcount went from 10 in 2023 to 5 in 2025 (-5).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.