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RAAFT LIMITED Financials

Company number
06545086Copy
Copy
Registered office
Northpoint, Compass Park Junction Road, Bodiam, Robertsbridge, East Sussex TN32 5BS
Incorporated
26/03/2008

Company snapshot

Status
Active
Employees
37 (2023)
Latest financial data
2023
Accounts type
Audit Exemption Subsidiary

Financial highlights

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

Net Assets

£1.71M2023
14.23%vs 2022

2022: £1.49M

Total Assets

£4.48M2023
7.82%vs 2022

2022: £4.16M

Cash in Bank

£284.08K2023
-45.15%vs 2022

2022: £517.94K

Total Liabilities

£2.02M2023
8.84%vs 2022

2022: £1.86M

Employees

372023
-3vs 2022

2022: 40

In 2023, RAAFT LIMITED reported net assets of £1.71M. The same filing shows total assets of £4.48M, cash in bank of £284.08K and total liabilities of £2.02M. Reported headcount was 37 in 2023. Total Assets rose from £4.16M in 2022 to £4.48M in 2023 (7.82%). 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

£1.71M2023
14.23%from £1.49M 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 RAAFT LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£2.02M2021£1.71M2023
-15.6%vs 2021

-8.1% a year compound (CAGR)

Cash in Bank

£167.09K2021£284.08K2023
+70%vs 2021

+30.4% a year compound (CAGR)

Total Assets

£5.16M2021£4.48M2023
-13.1%vs 2021

-6.8% a year compound (CAGR)

Total Liabilities

£2.36M2021£2.02M2023
-14.2%vs 2021

-7.4% a year compound (CAGR)

Employees

482021372023
-22.9%vs 2021-11

Biggest increase

Cash in Bank+70%

£167.09K in 2021 to £284.08K in 2023

Biggest decrease

Employees-22.9%

48 in 2021 to 37 in 2023

RAAFT LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from RAAFT 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
38.07%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
45.11%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
14.05%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
6.34%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 RAAFT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£2.02M1.49M1.71M
Total Assets£5.16M4.16M4.48M
Cash in Bank£167.09K517.94K284.08K
Total Liabilities£2.36M1.86M2.02M
Employees484037

RAAFT LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

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

RAAFT LIMITED reported net assets of £1.71M for 2023. That compares with £1.49M in 2022, a change of 14.23%.

RAAFT LIMITED reported total assets of £4.48M for 2023. That compares with £4.16M in 2022, a change of 7.82%.

RAAFT LIMITED reported cash in bank of £284.08K for 2023. That compares with £517.94K in 2022, a change of -45.15%.

RAAFT LIMITED reported 37 employees in 2023, compared with 40 in 2022.

Between 2021 and 2023, RAAFT LIMITED's net assets fell by 15.6%, cash in bank rose by 70%, total assets fell by 13.1% and total liabilities fell by 14.2%. Net assets contracted at 8.1% a year across the two years to 2023, from £2.02M to £1.71M. Reported headcount went from 48 in 2021 to 37 in 2023 (-11).

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.