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R - TECH SOLUTIONS LTD Financials

Company number
03979551Copy
Copy
Registered office
Unit 1 Pinner Parc, Whitland, Pembrokeshire SA34 0RA
Incorporated
25/04/2000

Company snapshot

Status
Active
Employees
6 (2023)
Latest financial data
2023
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£311.68K2023
1.26%vs 2022

2022: £307.79K

Cash in Bank

£66.26K2023
11.32%vs 2022

2022: £59.52K

Employees

62023
+1vs 2022

2022: 5

In 2023, R - TECH SOLUTIONS LTD reported net assets of £311.68K. The same filing shows cash in bank of £66.26K. Reported headcount was 6 in 2023. Cash in Bank rose from £59.52K in 2022 to £66.26K in 2023 (11.32%). 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

£311.68K2023
1.26%from £307.79K 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 R - TECH SOLUTIONS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£167.88K2021£311.68K2023
+85.7%vs 2021

+36.3% a year compound (CAGR)

Cash in Bank

£8.19K2021£66.26K2023
+709%vs 2021

+184% a year compound (CAGR)

Employees

5202162023
+20%vs 2021+1

Biggest increase

Cash in Bank+709%

£8.19K in 2021 to £66.26K in 2023

Every indicator Okredo holds for R - TECH SOLUTIONS LTD rose between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets and employee numbers climbing alongside it. See the full year-by-year figures.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for R - TECH SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£167.88K307.79K311.68K
Total Assets£–––
Cash in Bank£8.19K59.52K66.26K
Total Liabilities£–––
Employees556

R - TECH SOLUTIONS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for R - TECH SOLUTIONS LTD covering 2021–2023, across 3 reported indicators. The most recent reported year is 2023.

R - TECH SOLUTIONS LTD reported net assets of £311.68K for 2023. That compares with £307.79K in 2022, a change of 1.26%.

R - TECH SOLUTIONS LTD reported cash in bank of £66.26K for 2023. That compares with £59.52K in 2022, a change of 11.32%.

R - TECH SOLUTIONS LTD reported 6 employees in 2023, compared with 5 in 2022.

Between 2021 and 2023, R - TECH SOLUTIONS LTD's net assets rose by 85.7%, cash in bank rose by 709% and employee numbers rose by 20%. Net assets compounded at 36.3% a year across the two years to 2023, from £167.88K to £311.68K. Reported headcount went from 5 in 2021 to 6 in 2023 (+1).

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.