VOLSEC LTD Financials
- Company number
- 12663558CopyCopy
- Registered office
- Suite 7 The Plaza Business Centre, 45 Victoria Avenue, Southend-On-Sea SS2 6BB
- Incorporated
- 11/06/2020
Company snapshot
- Status
- Active
- Employees
- 22 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-99.28%vs 20232023: £7.09K
Total Assets
75.80%vs 20232023: £80.01K
Cash in Bank
-38.59%vs 20232023: £4.28K
Total Liabilities
100.05%vs 20232023: £61.95K
Employees
+3vs 20232023: 19
In 2024, VOLSEC LTD reported net assets of £51.00. The same filing shows total assets of £140.66K, cash in bank of £2.63K and total liabilities of £123.92K. Reported headcount was 22 in 2024. Total Liabilities rose from £61.95K in 2023 to £123.92K in 2024 (100.05%). 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
-99.28%from £7.09K 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 VOLSEC LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-98.3%vs 2022-87% a year compound (CAGR)
Cash in Bank
-78.3%vs 2022-53.4% a year compound (CAGR)
Total Assets
+626%vs 2022+169% a year compound (CAGR)
Total Liabilities
+658%vs 2022+175% a year compound (CAGR)
Employees
+450%vs 2022+18Biggest increase
Total Liabilities+658%
£16.35K in 2022 to £123.92K in 2024
Biggest decrease
Net Assets-98.3%
£3.03K in 2022 to £51.00 in 2024
VOLSEC LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VOLSEC 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
- 0.04%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
- 88.10%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
- 2.12%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
- 1.87%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 VOLSEC 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£ | -629.00 | 3.03K | 7.09K | 51.00 |
| Total Assets£ | – | 19.38K | 80.01K | 140.66K |
| Cash in Bank£ | – | 12.10K | 4.28K | 2.63K |
| Total Liabilities£ | 600.00 | 16.35K | 61.95K | 123.92K |
| Employees | 0 | 4 | 19 | 22 |
VOLSEC LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VOLSEC LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
VOLSEC LTD reported net assets of £51.00 for 2024. That compares with £7.09K in 2023, a change of -99.28%.
VOLSEC LTD reported total assets of £140.66K for 2024. That compares with £80.01K in 2023, a change of 75.80%.
VOLSEC LTD reported cash in bank of £2.63K for 2024. That compares with £4.28K in 2023, a change of -38.59%.
VOLSEC LTD reported 22 employees in 2024, compared with 19 in 2023.
Between 2022 and 2024, VOLSEC LTD's net assets fell by 98.3%, cash in bank fell by 78.3%, total assets rose by 626% and total liabilities rose by 658%. Net assets contracted at 87% a year across the two years to 2024, from £3.03K to £51.00. Reported headcount went from 4 in 2022 to 22 in 2024 (+18).
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.