VERTEX ASBESTOS REMOVAL LIMITED Financials
- Company number
- 09602614CopyCopy
- Registered office
- 54 Thorpe Road, Norwich, Norfolk NR1 1RY
- Incorporated
- 21/05/2015
Company snapshot
- Status
- Active
- Employees
- 18 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2.07%vs 20242024: £162.92K
Total Assets
65.31%vs 20242024: £934.42K
Cash in Bank
153.01%vs 20242024: £179.32K
Total Liabilities
78.67%vs 20242024: £771.51K
Employees
+2vs 20242024: 16
In 2025, VERTEX ASBESTOS REMOVAL LIMITED reported net assets of £166.28K. The same filing shows total assets of £1.54M, cash in bank of £453.69K and total liabilities of £1.38M. Reported headcount was 18 in 2025. Total Assets rose from £934.42K in 2024 to £1.54M in 2025 (65.31%). 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
2.07%from £162.92K 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 VERTEX ASBESTOS REMOVAL LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-19.5%vs 2023-10.3% a year compound (CAGR)
Cash in Bank
+102%vs 2023+42.3% a year compound (CAGR)
Total Assets
+114%vs 2023+46.4% a year compound (CAGR)
Total Liabilities
+168%vs 2023+63.7% a year compound (CAGR)
Employees
+38.5%vs 2023+5Biggest increase
Total Liabilities+168%
£514.33K in 2023 to £1.38M in 2025
Biggest decrease
Net Assets-19.5%
£206.64K in 2023 to £166.28K in 2025
VERTEX ASBESTOS REMOVAL LIMITED's filings pull in both directions between 2023 and 2025. 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 VERTEX ASBESTOS REMOVAL 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
- 10.76%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
- 89.24%2025
- 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
- 32.91%2025
- 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
- 29.37%2025
- 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 VERTEX ASBESTOS REMOVAL 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£ | 78.90K | 154.13K | 206.64K | 162.92K | 166.28K |
| Total Assets£ | 402.33K | 638.17K | 720.97K | 934.42K | 1.54M |
| Cash in Bank£ | 95.80K | 328.37K | 224.08K | 179.32K | 453.69K |
| Total Liabilities£ | 323.43K | 484.04K | 514.33K | 771.51K | 1.38M |
| Employees | 6 | 7 | 13 | 16 | 18 |
VERTEX ASBESTOS REMOVAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VERTEX ASBESTOS REMOVAL LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
VERTEX ASBESTOS REMOVAL LIMITED reported net assets of £166.28K for 2025. That compares with £162.92K in 2024, a change of 2.07%.
VERTEX ASBESTOS REMOVAL LIMITED reported total assets of £1.54M for 2025. That compares with £934.42K in 2024, a change of 65.31%.
VERTEX ASBESTOS REMOVAL LIMITED reported cash in bank of £453.69K for 2025. That compares with £179.32K in 2024, a change of 153.01%.
VERTEX ASBESTOS REMOVAL LIMITED reported 18 employees in 2025, compared with 16 in 2024.
Between 2023 and 2025, VERTEX ASBESTOS REMOVAL LIMITED's net assets fell by 19.5%, cash in bank rose by 102%, total assets rose by 114% and total liabilities rose by 168%. Net assets contracted at 10.3% a year across the two years to 2025, from £206.64K to £166.28K. Reported headcount went from 13 in 2023 to 18 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.