VES (SW) LTD Financials
- Company number
- 11939955CopyCopy
- Registered office
- 4385, 11939955 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff CF14 8LH
- Incorporated
- 11/04/2019
Company snapshot
- Status
- Active
- Employees
- 10 (2023)
- Latest financial data
- 2023
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
68.95%vs 20222022: £428.66K
Total Assets
72.21%vs 20222022: £577.37K
Cash in Bank
53.68%vs 20222022: £92.60K
Total Liabilities
63.91%vs 20222022: £73.89K
Employees
+2vs 20222022: 8
In 2023, VES (SW) LTD reported net assets of £724.19K. The same filing shows total assets of £994.31K, cash in bank of £142.31K and total liabilities of £121.11K. Reported headcount was 10 in 2023. Total Assets rose from £577.37K in 2022 to £994.31K in 2023 (72.21%). Okredo holds filed figures for 2021–2023; 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
68.95%from £428.66K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures VES (SW) LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+12953%vs 2021+1043% a year compound (CAGR)
Total Assets
+14565%vs 2021+1111% a year compound (CAGR)
Total Liabilities
+195240%vs 2021+4320% a year compound (CAGR)
Employees
+233%vs 2021+7Biggest increase
Total Liabilities+195240%
£62.00 in 2021 to £121.11K in 2023
Every indicator Okredo holds for VES (SW) LTD rose between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VES (SW) 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
- 72.83%2023
- 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
- 12.18%2023
- 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
- 117.51%2023
- 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
- 14.31%2023
- 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 VES (SW) LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 5.55K | 428.66K | 724.19K |
| Total Assets£ | 6.78K | 577.37K | 994.31K |
| Cash in Bank£ | – | 92.60K | 142.31K |
| Total Liabilities£ | 62.00 | 73.89K | 121.11K |
| Employees | 3 | 8 | 10 |
VES (SW) LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VES (SW) LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
VES (SW) LTD reported net assets of £724.19K for 2023. That compares with £428.66K in 2022, a change of 68.95%.
VES (SW) LTD reported total assets of £994.31K for 2023. That compares with £577.37K in 2022, a change of 72.21%.
VES (SW) LTD reported cash in bank of £142.31K for 2023. That compares with £92.60K in 2022, a change of 53.68%.
VES (SW) LTD reported 10 employees in 2023, compared with 8 in 2022.
Between 2021 and 2023, VES (SW) LTD's net assets rose by 12953%, total assets rose by 14565%, total liabilities rose by 195240% and employee numbers rose by 233%. Net assets compounded at 1043% a year across the two years to 2023, from £5.55K to £724.19K. Reported headcount went from 3 in 2021 to 10 in 2023 (+7).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.