VIZION NETWORK LIMITED Financials
- Company number
- 06751660CopyCopy
- Registered office
- Business Centre At The Deep, David Gemmell Way, Hull HU1 4BG
- Incorporated
- 18/11/2008
Company snapshot
- Status
- Active
- Employees
- 319 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
35.85%vs 20232023: £7.31M
Total Assets
16.32%vs 20232023: £74.25M
Cash in Bank
28.11%vs 20232023: £33.98M
Total Liabilities
14.27%vs 20232023: £66.64M
Employees
+21vs 20232023: 298
In 2024, VIZION NETWORK LIMITED reported net assets of £9.93M. The same filing shows total assets of £86.36M, cash in bank of £43.53M and total liabilities of £76.15M. Reported headcount was 319 in 2024. Total Assets rose from £74.25M in 2023 to £86.36M in 2024 (16.32%). 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
35.85%from £7.31M 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 VIZION NETWORK LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+146%vs 2022+56.9% a year compound (CAGR)
Cash in Bank
+85.2%vs 2022+36.1% a year compound (CAGR)
Total Assets
+55.3%vs 2022+24.6% a year compound (CAGR)
Total Liabilities
+48.5%vs 2022+21.8% a year compound (CAGR)
Employees
+28.6%vs 2022+71Biggest increase
Net Assets+146%
£4.03M in 2022 to £9.93M in 2024
Every indicator Okredo holds for VIZION NETWORK LIMITED rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VIZION NETWORK 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
- 11.50%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
- 88.17%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
- 57.17%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
- 50.40%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 VIZION NETWORK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 3.17M | 4.03M | 7.31M | 9.93M |
| Total Assets£ | 38.56M | 55.62M | 74.25M | 86.36M |
| Cash in Bank£ | 13.53M | 23.51M | 33.98M | 43.53M |
| Total Liabilities£ | 35.02M | 51.29M | 66.64M | 76.15M |
| Employees | 189 | 248 | 298 | 319 |
VIZION NETWORK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VIZION NETWORK LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
VIZION NETWORK LIMITED reported net assets of £9.93M for 2024. That compares with £7.31M in 2023, a change of 35.85%.
VIZION NETWORK LIMITED reported total assets of £86.36M for 2024. That compares with £74.25M in 2023, a change of 16.32%.
VIZION NETWORK LIMITED reported cash in bank of £43.53M for 2024. That compares with £33.98M in 2023, a change of 28.11%.
VIZION NETWORK LIMITED reported 319 employees in 2024, compared with 298 in 2023.
Between 2022 and 2024, VIZION NETWORK LIMITED's net assets rose by 146%, cash in bank rose by 85.2%, total assets rose by 55.3% and total liabilities rose by 48.5%. Net assets compounded at 56.9% a year across the two years to 2024, from £4.03M to £9.93M. Reported headcount went from 248 in 2022 to 319 in 2024 (+71).
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.