VQ PLANT HIRE AND CIVIL ENGINEERING LIMITED Financials
- Company number
- NI618947CopyCopy
- Registered office
- 75b Orchard Road, Strabane, County Tyrone BT82 9QT
- Incorporated
- 19/06/2013
Company snapshot
- Status
- Active
- Employees
- 11 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-9.85%vs 20222022: £712.27K
Total Assets
-11.94%vs 20222022: £893.06K
Cash in Bank
-24.39%vs 20222022: £278.62K
Total Liabilities
-20.17%vs 20222022: £180.78K
Employees
+2vs 20222022: 9
In 2023, VQ PLANT HIRE AND CIVIL ENGINEERING LIMITED reported net assets of £642.14K. The same filing shows total assets of £786.45K, cash in bank of £210.68K and total liabilities of £144.31K. Reported headcount was 11 in 2023. Total Assets fell from £893.06K in 2022 to £786.45K in 2023 (-11.94%). 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
-9.85%from £712.27K 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 VQ PLANT HIRE AND CIVIL ENGINEERING LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-16.6%vs 2021-8.7% a year compound (CAGR)
Cash in Bank
-13.6%vs 2021-7% a year compound (CAGR)
Total Assets
-21.6%vs 2021-11.4% a year compound (CAGR)
Total Liabilities
-37.9%vs 2021-21.2% a year compound (CAGR)
Employees
+57.1%vs 2021+4Biggest increase
Employees+57.1%
7 in 2021 to 11 in 2023
Biggest decrease
Total Liabilities-37.9%
£232.44K in 2021 to £144.31K in 2023
VQ PLANT HIRE AND CIVIL ENGINEERING LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VQ PLANT HIRE AND CIVIL ENGINEERING 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
- 81.65%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
- 18.35%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
- 145.99%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
- 26.79%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 VQ PLANT HIRE AND CIVIL ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 770.22K | 712.27K | 642.14K |
| Total Assets£ | 1.00M | 893.06K | 786.45K |
| Cash in Bank£ | 243.72K | 278.62K | 210.68K |
| Total Liabilities£ | 232.44K | 180.78K | 144.31K |
| Employees | 7 | 9 | 11 |
VQ PLANT HIRE AND CIVIL ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VQ PLANT HIRE AND CIVIL ENGINEERING LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
VQ PLANT HIRE AND CIVIL ENGINEERING LIMITED reported net assets of £642.14K for 2023. That compares with £712.27K in 2022, a change of -9.85%.
VQ PLANT HIRE AND CIVIL ENGINEERING LIMITED reported total assets of £786.45K for 2023. That compares with £893.06K in 2022, a change of -11.94%.
VQ PLANT HIRE AND CIVIL ENGINEERING LIMITED reported cash in bank of £210.68K for 2023. That compares with £278.62K in 2022, a change of -24.39%.
VQ PLANT HIRE AND CIVIL ENGINEERING LIMITED reported 11 employees in 2023, compared with 9 in 2022.
Between 2021 and 2023, VQ PLANT HIRE AND CIVIL ENGINEERING LIMITED's net assets fell by 16.6%, cash in bank fell by 13.6%, total assets fell by 21.6% and total liabilities fell by 37.9%. Net assets contracted at 8.7% a year across the two years to 2023, from £770.22K to £642.14K. Reported headcount went from 7 in 2021 to 11 in 2023 (+4).
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.