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VERTEX GLOBAL TAX SOLUTIONS LTD Financials

Company number
05982877Copy
Copy
Registered office
Calder & Co, 30 Orange Street, London WC2H 7HF
Incorporated
31/10/2006

Company snapshot

Status
Active
Employees
76 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

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

Net Assets

£4.86M2024
48.88%vs 2023

2023: £3.26M

Total Assets

£7.77M2024
46.73%vs 2023

2023: £5.29M

Cash in Bank

£1.82M2024
289.90%vs 2023

2023: £466.65K

Total Liabilities

£2.91M2024
43.40%vs 2023

2023: £2.03M

Employees

762024
+5vs 2023

2023: 71

In 2024, VERTEX GLOBAL TAX SOLUTIONS LTD reported net assets of £4.86M. The same filing shows total assets of £7.77M, cash in bank of £1.82M and total liabilities of £2.91M. Reported headcount was 76 in 2024. Total Assets rose from £5.29M in 2023 to £7.77M in 2024 (46.73%). 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

£4.86M2024
48.88%from £3.26M 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 VERTEX GLOBAL TAX SOLUTIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£2.35M2022£4.86M2024
+107%vs 2022

+43.7% a year compound (CAGR)

Cash in Bank

£464.93K2022£1.82M2024
+291%vs 2022

+97.8% a year compound (CAGR)

Total Assets

£4.22M2022£7.77M2024
+83.9%vs 2022

+35.6% a year compound (CAGR)

Total Liabilities

£1.86M2022£2.91M2024
+55.9%vs 2022

+24.9% a year compound (CAGR)

Employees

252022762024
+204%vs 2022+51

Biggest increase

Cash in Bank+291%

£464.93K in 2022 to £1.82M in 2024

Every indicator Okredo holds for VERTEX GLOBAL TAX SOLUTIONS LTD rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from VERTEX GLOBAL TAX SOLUTIONS 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
62.58%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
37.42%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
62.61%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
23.43%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£214.37K2024
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 VERTEX GLOBAL TAX SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.38M2.35M3.26M4.86M
Total Assets£2.41M4.22M5.29M7.77M
Cash in Bank£1.35M464.93K466.65K1.82M
Total Liabilities£1.01M1.86M2.03M2.91M
Employees22257176

VERTEX GLOBAL TAX SOLUTIONS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for VERTEX GLOBAL TAX SOLUTIONS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

VERTEX GLOBAL TAX SOLUTIONS LTD reported net assets of £4.86M for 2024. That compares with £3.26M in 2023, a change of 48.88%.

VERTEX GLOBAL TAX SOLUTIONS LTD reported total assets of £7.77M for 2024. That compares with £5.29M in 2023, a change of 46.73%.

VERTEX GLOBAL TAX SOLUTIONS LTD reported cash in bank of £1.82M for 2024. That compares with £466.65K in 2023, a change of 289.90%.

VERTEX GLOBAL TAX SOLUTIONS LTD reported 76 employees in 2024, compared with 71 in 2023.

Between 2022 and 2024, VERTEX GLOBAL TAX SOLUTIONS LTD's net assets rose by 107%, cash in bank rose by 291%, total assets rose by 83.9% and total liabilities rose by 55.9%. Net assets compounded at 43.7% a year across the two years to 2024, from £2.35M to £4.86M. Reported headcount went from 25 in 2022 to 76 in 2024 (+51).

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.