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INNES REDMOND LTD Financials

Company number
11469928Copy
Copy
Registered office
433 Pinner Road Harrow Business Centre, Harrow HA1 4HN
Incorporated
18/07/2018

Company snapshot

Status
Active
Employees
14 (2023)
Latest financial data
2023
Accounts type
Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£3.55M2023
40.34%vs 2022

2022: £2.53M

Total Assets

£5.47M2023
46.40%vs 2022

2022: £3.73M

Cash in Bank

£718.79K2023
0.61%vs 2022

2022: £714.40K

Total Liabilities

£432.52K2023
38.37%vs 2022

2022: £312.58K

Employees

142023
+1vs 2022

2022: 13

In 2023, INNES REDMOND LTD reported net assets of £3.55M. The same filing shows total assets of £5.47M, cash in bank of £718.79K and total liabilities of £432.52K. Reported headcount was 14 in 2023. Total Assets rose from £3.73M in 2022 to £5.47M in 2023 (46.40%). 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

£3.55M2023
40.34%from £2.53M in 2022

Year-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 INNES REDMOND LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£1.69M2021£3.55M2023
+110%vs 2021

+44.8% a year compound (CAGR)

Cash in Bank

£376.75K2021£718.79K2023
+90.8%vs 2021

+38.1% a year compound (CAGR)

Total Assets

£2.71M2021£5.47M2023
+102%vs 2021

+42% a year compound (CAGR)

Total Liabilities

£346.19K2021£432.52K2023
+24.9%vs 2021

+11.8% a year compound (CAGR)

Employees

102021142023
+40%vs 2021+4

Biggest increase

Net Assets+110%

£1.69M in 2021 to £3.55M in 2023

Every indicator Okredo holds for INNES REDMOND LTD rose between 2021 and 2023. 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 INNES REDMOND 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
64.88%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
7.91%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
166.19%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
13.15%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 INNES REDMOND LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£1.69M2.53M3.55M
Total Assets£2.71M3.73M5.47M
Cash in Bank£376.75K714.40K718.79K
Total Liabilities£346.19K312.58K432.52K
Employees101314

INNES REDMOND LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for INNES REDMOND LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

INNES REDMOND LTD reported net assets of £3.55M for 2023. That compares with £2.53M in 2022, a change of 40.34%.

INNES REDMOND LTD reported total assets of £5.47M for 2023. That compares with £3.73M in 2022, a change of 46.40%.

INNES REDMOND LTD reported cash in bank of £718.79K for 2023. That compares with £714.40K in 2022, a change of 0.61%.

INNES REDMOND LTD reported 14 employees in 2023, compared with 13 in 2022.

Between 2021 and 2023, INNES REDMOND LTD's net assets rose by 110%, cash in bank rose by 90.8%, total assets rose by 102% and total liabilities rose by 24.9%. Net assets compounded at 44.8% a year across the two years to 2023, from £1.69M to £3.55M. Reported headcount went from 10 in 2021 to 14 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.