R W RACING SERVICES LIMITED Financials
- Company number
- 05289378CopyCopy
- Registered office
- College Farm Bicester Hill, Evenley, Brackley NN13 5SD
- Incorporated
- 17/11/2004
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-27.25%vs 20232023: £83.92K
Total Assets
-3.23%vs 20232023: £241.75K
Cash in Bank
66.97%vs 20232023: £74.22K
Total Liabilities
9.54%vs 20232023: £157.83K
Employees
0vs 20232023: 6
In 2024, R W RACING SERVICES LIMITED reported net assets of £61.05K. The same filing shows total assets of £233.93K, cash in bank of £123.93K and total liabilities of £172.89K. Reported headcount was 6 in 2024. Cash in Bank rose from £74.22K in 2023 to £123.93K in 2024 (66.97%). 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
-27.25%from £83.92K 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 R W RACING SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-34.3%vs 2022-19% a year compound (CAGR)
Cash in Bank
-1.7%vs 2022-0.8% a year compound (CAGR)
Total Assets
+10.2%vs 2022+5% a year compound (CAGR)
Total Liabilities
+44.8%vs 2022+20.3% a year compound (CAGR)
Employees
+50%vs 2022+2Biggest increase
Employees+50%
4 in 2022 to 6 in 2024
Biggest decrease
Net Assets-34.3%
£92.95K in 2022 to £61.05K in 2024
R W RACING SERVICES LIMITED'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from R W RACING SERVICES 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
- 26.10%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
- 73.90%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
- 71.68%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
- 52.98%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 R W RACING SERVICES 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£ | 44.80K | 92.95K | 83.92K | 61.05K |
| Total Assets£ | 135.00K | 212.36K | 241.75K | 233.93K |
| Cash in Bank£ | 54.58K | 126.06K | 74.22K | 123.93K |
| Total Liabilities£ | 90.20K | 119.41K | 157.83K | 172.89K |
| Employees | 5 | 4 | 6 | 6 |
R W RACING SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for R W RACING SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
R W RACING SERVICES LIMITED reported net assets of £61.05K for 2024. That compares with £83.92K in 2023, a change of -27.25%.
R W RACING SERVICES LIMITED reported total assets of £233.93K for 2024. That compares with £241.75K in 2023, a change of -3.23%.
R W RACING SERVICES LIMITED reported cash in bank of £123.93K for 2024. That compares with £74.22K in 2023, a change of 66.97%.
R W RACING SERVICES LIMITED reported 6 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, R W RACING SERVICES LIMITED's net assets fell by 34.3%, cash in bank fell by 1.7%, total assets rose by 10.2% and total liabilities rose by 44.8%. Net assets contracted at 19% a year across the two years to 2024, from £92.95K to £61.05K. Reported headcount went from 4 in 2022 to 6 in 2024 (+2).
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.