ZEEL SOLUTIONS LIMITED Financials
- Company number
- 06089142CopyCopy
- Registered office
- Solutions House Pendeford Business Park, Wobaston Road, Wolverhampton, West Midlands WV9 5HA
- Incorporated
- 07/02/2007
Company snapshot
- Status
- Active
- Employees
- 24 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-84.61%vs 20232023: £1.66M
Total Assets
-64.13%vs 20232023: £1.88M
Cash in Bank
-40.80%vs 20232023: £212.48K
Total Liabilities
110.45%vs 20232023: £198.36K
Employees
0vs 20232023: 24
In 2024, ZEEL SOLUTIONS LIMITED reported net assets of £255.79K. The same filing shows total assets of £673.24K, cash in bank of £125.79K and total liabilities of £417.45K. Reported headcount was 24 in 2024. Net Assets fell from £1.66M in 2023 to £255.79K in 2024 (-84.61%). 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
-84.61%from £1.66M 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 ZEEL SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-85.2%vs 2022-61.5% a year compound (CAGR)
Cash in Bank
-77.3%vs 2022-52.4% a year compound (CAGR)
Total Assets
-66.5%vs 2022-42.1% a year compound (CAGR)
Total Liabilities
+59.2%vs 2022+26.2% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+59.2%
£262.25K in 2022 to £417.45K in 2024
Biggest decrease
Net Assets-85.2%
£1.72M in 2022 to £255.79K in 2024
ZEEL SOLUTIONS LIMITED'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 ZEEL SOLUTIONS 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
- 37.99%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
- 62.01%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
- 30.13%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
- 18.68%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 ZEEL SOLUTIONS 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£ | 1.36M | 1.72M | 1.66M | 255.79K |
| Total Assets£ | 2.31M | 2.01M | 1.88M | 673.24K |
| Cash in Bank£ | 129.82K | 554.59K | 212.48K | 125.79K |
| Total Liabilities£ | 499.67K | 262.25K | 198.36K | 417.45K |
| Employees | 24 | 24 | 24 | 24 |
ZEEL SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ZEEL SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
ZEEL SOLUTIONS LIMITED reported net assets of £255.79K for 2024. That compares with £1.66M in 2023, a change of -84.61%.
ZEEL SOLUTIONS LIMITED reported total assets of £673.24K for 2024. That compares with £1.88M in 2023, a change of -64.13%.
ZEEL SOLUTIONS LIMITED reported cash in bank of £125.79K for 2024. That compares with £212.48K in 2023, a change of -40.80%.
ZEEL SOLUTIONS LIMITED reported 24 employees in 2024, compared with 24 in 2023.
Between 2022 and 2024, ZEEL SOLUTIONS LIMITED's net assets fell by 85.2%, cash in bank fell by 77.3%, total assets fell by 66.5% and total liabilities rose by 59.2%. Net assets contracted at 61.5% a year across the two years to 2024, from £1.72M to £255.79K. Reported headcount went from 24 in 2022 to 24 in 2024.
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.