VERSEONE GROUP LTD Financials
- Company number
- 05210274CopyCopy
- Registered office
- Griffin House, West Street, Woking GU21 6BS
- Incorporated
- 19/08/2004
Company snapshot
- Status
- Active
- Employees
- 31 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-23.29%vs 20232023: £2.70M
Total Assets
-27.91%vs 20232023: £21.47K
Cash in Bank
-22.68%vs 20232023: £3.09M
Total Liabilities
First reported yearEmployees
0vs 20232023: 31
In 2024, VERSEONE GROUP LTD reported net assets of £2.07M. The same filing shows total assets of £15.48K, cash in bank of £2.39M and total liabilities of £465.43K. Reported headcount was 31 in 2024. Cash in Bank fell from £3.09M in 2023 to £2.39M in 2024 (-22.68%). 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
-23.29%from £2.70M 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 VERSEONE GROUP LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-20.5%vs 2022-10.8% a year compound (CAGR)
Cash in Bank
-10.8%vs 2022-5.6% a year compound (CAGR)
Total Assets
-43%vs 2022-24.5% a year compound (CAGR)
Employees
+3.3%vs 2022+1Biggest increase
Employees+3.3%
30 in 2022 to 31 in 2024
Biggest decrease
Total Assets-43%
£27.15K in 2022 to £15.48K in 2024
VERSEONE 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 assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VERSEONE 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
- 13,373.56%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
- 17.88%2021
- 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
- 502.20%2021
- 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
- 15,450.86%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 VERSEONE 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£ | 2.12M | 2.60M | 2.70M | 2.07M |
| Total Assets£ | 2.60M | 27.15K | 21.47K | 15.48K |
| Cash in Bank£ | 2.34M | 2.68M | 3.09M | 2.39M |
| Total Liabilities£ | 465.43K | – | – | – |
| Employees | 28 | 30 | 31 | 31 |
VERSEONE GROUP LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VERSEONE GROUP LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
VERSEONE GROUP LTD reported net assets of £2.07M for 2024. That compares with £2.70M in 2023, a change of -23.29%.
VERSEONE GROUP LTD reported total assets of £15.48K for 2024. That compares with £21.47K in 2023, a change of -27.91%.
VERSEONE GROUP LTD reported cash in bank of £2.39M for 2024. That compares with £3.09M in 2023, a change of -22.68%.
VERSEONE GROUP LTD reported 31 employees in 2024, compared with 31 in 2023.
Between 2022 and 2024, VERSEONE GROUP LTD's net assets fell by 20.5%, cash in bank fell by 10.8%, total assets fell by 43% and employee numbers rose by 3.3%. Net assets contracted at 10.8% a year across the two years to 2024, from £2.60M to £2.07M. Reported headcount went from 30 in 2022 to 31 in 2024 (+1).
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.