OPENRENT LTD Financials
- Company number
- 07749632CopyCopy
- Registered office
- 3rd Floor 1 Ashley Road, Altrincham, Cheshire WA14 2DT
- Incorporated
- 23/08/2011
Company snapshot
- Status
- Active
- Employees
- 45 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
6.42%vs 20232023: £15.81M
Total Assets
-16.19%vs 20232023: £20.94M
Cash in Bank
-10.62%vs 20232023: £18.61M
Total Liabilities
-89.20%vs 20232023: £5.00M
Employees
+8vs 20232023: 37
In 2024, OPENRENT LTD reported net assets of £16.82M. The same filing shows total assets of £17.55M, cash in bank of £16.64M and total liabilities of £540.33K. Reported headcount was 45 in 2024. Total Liabilities fell from £5.00M in 2023 to £540.33K in 2024 (-89.20%). 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
6.42%from £15.81M 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 OPENRENT LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+0.3%vs 2022+0.1% a year compound (CAGR)
Cash in Bank
-13.5%vs 2022-7% a year compound (CAGR)
Total Assets
-14.6%vs 2022-7.6% a year compound (CAGR)
Total Liabilities
-85.6%vs 2022-62% a year compound (CAGR)
Employees
+66.7%vs 2022+18Biggest increase
Employees+66.7%
27 in 2022 to 45 in 2024
Biggest decrease
Total Liabilities-85.6%
£3.74M in 2022 to £540.33K in 2024
OPENRENT LTD's filings pull in both directions between 2022 and 2024. 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 OPENRENT 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
- 95.86%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
- 3.08%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
- 3,078.88%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
- 94.81%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 OPENRENT 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£ | 2.17M | 16.78M | 15.81M | 16.82M |
| Total Assets£ | 5.88M | 20.55M | 20.94M | 17.55M |
| Cash in Bank£ | 5.27M | 19.24M | 18.61M | 16.64M |
| Total Liabilities£ | 3.69M | 3.74M | 5.00M | 540.33K |
| Employees | 26 | 27 | 37 | 45 |
OPENRENT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for OPENRENT LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
OPENRENT LTD reported net assets of £16.82M for 2024. That compares with £15.81M in 2023, a change of 6.42%.
OPENRENT LTD reported total assets of £17.55M for 2024. That compares with £20.94M in 2023, a change of -16.19%.
OPENRENT LTD reported cash in bank of £16.64M for 2024. That compares with £18.61M in 2023, a change of -10.62%.
OPENRENT LTD reported 45 employees in 2024, compared with 37 in 2023.
Between 2022 and 2024, OPENRENT LTD's net assets rose by 0.3%, cash in bank fell by 13.5%, total assets fell by 14.6% and total liabilities fell by 85.6%. Net assets compounded at 0.1% a year across the two years to 2024, from £16.78M to £16.82M. Reported headcount went from 27 in 2022 to 45 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.