VERUM WEALTH LTD Financials
- Company number
- SC464736Copy
Copy - Registered office
- Tay House, 300 Bath Street, Glasgow G2 4JR
- Incorporated
- 28/11/2013
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-19.23%vs 20232023: £163.07K
Total Assets
-15.07%vs 20232023: £235.93K
Cash in Bank
-4.24%vs 20232023: £207.79K
Total Liabilities
-5.77%vs 20232023: £72.86K
Employees
0vs 20232023: 4
In 2024, VERUM WEALTH LTD reported net assets of £131.72K. The same filing shows total assets of £200.37K, cash in bank of £198.99K and total liabilities of £68.65K. Reported headcount was 4 in 2024. Total Assets fell from £235.93K in 2023 to £200.37K in 2024 (-15.07%). 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
-19.23%from £163.07K 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 VERUM WEALTH LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-36.5%vs 2022-20.3% a year compound (CAGR)
Cash in Bank
-24.2%vs 2022-13% a year compound (CAGR)
Total Assets
-31.8%vs 2022-17.4% a year compound (CAGR)
Total Liabilities
-20.7%vs 2022-11% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Net Assets-36.5%
£207.34K in 2022 to £131.72K in 2024
Every measure that changed in VERUM WEALTH LTD's filings between 2022 and 2024 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VERUM WEALTH 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
- 65.74%2024
- Liabilities to total assets
- 34.26%2024
- Cash to liabilities
- 289.86%2024
- Cash to total assets
- 99.31%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 VERUM WEALTH 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£ | 112.83K | 207.34K | 163.07K | 131.72K |
| Total Assets£ | 208.86K | 293.94K | 235.93K | 200.37K |
| Cash in Bank£ | 149.87K | 262.68K | 207.79K | 198.99K |
| Total Liabilities£ | 96.03K | 86.61K | 72.86K | 68.65K |
| Employees | 4 | 4 | 4 | 4 |
VERUM WEALTH LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has VERUM WEALTH LTD filed financial statements?
Yes. Okredo holds filed figures for VERUM WEALTH LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did VERUM WEALTH LTD report in 2024?
VERUM WEALTH LTD reported net assets of £131.72K for 2024. That compares with £163.07K in 2023, a change of -19.23%.
What total assets did VERUM WEALTH LTD report in 2024?
VERUM WEALTH LTD reported total assets of £200.37K for 2024. That compares with £235.93K in 2023, a change of -15.07%.
What cash in bank did VERUM WEALTH LTD report in 2024?
VERUM WEALTH LTD reported cash in bank of £198.99K for 2024. That compares with £207.79K in 2023, a change of -4.24%.
How many people does VERUM WEALTH LTD employ?
VERUM WEALTH LTD reported 4 employees in 2024, compared with 4 in 2023.
How have VERUM WEALTH LTD financials changed over the last 3 years?
Between 2022 and 2024, VERUM WEALTH LTD's net assets fell by 36.5%, cash in bank fell by 24.2%, total assets fell by 31.8% and total liabilities fell by 20.7%. Net assets contracted at 20.3% a year across the two years to 2024, from £207.34K to £131.72K. Reported headcount went from 4 in 2022 to 4 in 2024.
Which years of VERUM WEALTH LTD financial data are available?
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.