VITAL MINERALS LTD Financials
- Company number
- 12906391CopyCopy
- Registered office
- Unit 48 Unit 48 Mitton Road Business Park, Mitton Road, Whalley, Lancashire BB7 9YE
- Incorporated
- 25/09/2020
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-68.60%vs 20232023: £-51.26K
Total Assets
26.51%vs 20232023: £227.27K
Cash in Bank
54.94%vs 20232023: £901.00
Total Liabilities
38.96%vs 20232023: £255.81K
Employees
0vs 20232023: 4
In 2024, VITAL MINERALS LTD reported net assets of £-86.43K. The same filing shows total assets of £287.51K, cash in bank of £1.40K and total liabilities of £355.49K. Reported headcount was 4 in 2024. Total Liabilities rose from £255.81K in 2023 to £355.49K in 2024 (38.96%). 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
-68.60%from £-51.26K 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 VITAL MINERALS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
+1505%vs 2022+301% a year compound (CAGR)
Total Assets
+27.6%vs 2022+13% a year compound (CAGR)
Total Liabilities
+69.3%vs 2022+30.1% a year compound (CAGR)
Employees
+33.3%vs 2022+1Biggest increase
Cash in Bank+1505%
£87.00 in 2022 to £1.40K in 2024
VITAL MINERALS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VITAL MINERALS 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
- -30.06%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
- 123.65%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
- 0.39%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
- 0.49%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 VITAL MINERALS 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£ | -11.18K | -9.02K | -51.26K | -86.43K |
| Total Assets£ | 167.18K | 225.27K | 227.27K | 287.51K |
| Cash in Bank£ | 379.00 | 87.00 | 901.00 | 1.40K |
| Total Liabilities£ | 156.65K | 210.00K | 255.81K | 355.49K |
| Employees | 3 | 3 | 4 | 4 |
VITAL MINERALS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VITAL MINERALS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
VITAL MINERALS LTD reported net assets of £-86.43K for 2024. That compares with £-51.26K in 2023, a change of -68.60%.
VITAL MINERALS LTD reported total assets of £287.51K for 2024. That compares with £227.27K in 2023, a change of 26.51%.
VITAL MINERALS LTD reported cash in bank of £1.40K for 2024. That compares with £901.00 in 2023, a change of 54.94%.
VITAL MINERALS LTD reported 4 employees in 2024, compared with 4 in 2023.
Between 2022 and 2024, VITAL MINERALS LTD's cash in bank rose by 1505%, total assets rose by 27.6%, total liabilities rose by 69.3% and employee numbers rose by 33.3%. Cash in bank compounded at 301% a year across the two years to 2024, from £87.00 to £1.40K. Reported headcount went from 3 in 2022 to 4 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.