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RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY LIMITED Financials

Company number
SC541536Copy
Copy
Registered office
75 Beech Manor, Stoneywood, Aberdeen AB21 9AZ
Incorporated
01/08/2016

Company snapshot

Status
Active
Employees
12 (2023)
Latest financial data
2023
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£820.58K2023
-53.85%vs 2022

2022: £1.78M

Total Assets

£963.93K2023
-51.09%vs 2022

2022: £1.97M

Cash in Bank

£259.34K2023
-83.05%vs 2022

2022: £1.53M

Total Liabilities

£143.35K2023
-25.75%vs 2022

2022: £193.06K

Employees

122023
-1vs 2022

2022: 13

In 2023, RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY LIMITED reported net assets of £820.58K. The same filing shows total assets of £963.93K, cash in bank of £259.34K and total liabilities of £143.35K. Reported headcount was 12 in 2023. Cash in Bank fell from £1.53M in 2022 to £259.34K in 2023 (-83.05%). 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

£820.58K2023
-53.85%from £1.78M 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 RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£541.34K2021£820.58K2023
+51.6%vs 2021

+23.1% a year compound (CAGR)

Total Assets

£552.09K2021£963.93K2023
+74.6%vs 2021

+32.1% a year compound (CAGR)

Total Liabilities

£10.76K2021£143.35K2023
+1233%vs 2021

+265% a year compound (CAGR)

Employees

102021122023
+20%vs 2021+2

Biggest increase

Total Liabilities+1233%

£10.76K in 2021 to £143.35K in 2023

Every indicator Okredo holds for RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY LIMITED rose between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, total assets and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY 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
85.13%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
14.87%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
180.91%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
26.90%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 RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£541.34K1.78M820.58K
Total Assets£552.09K1.97M963.93K
Cash in Bank£–1.53M259.34K
Total Liabilities£10.76K193.06K143.35K
Employees101312

RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY LIMITED reported net assets of £820.58K for 2023. That compares with £1.78M in 2022, a change of -53.85%.

RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY LIMITED reported total assets of £963.93K for 2023. That compares with £1.97M in 2022, a change of -51.09%.

RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY LIMITED reported cash in bank of £259.34K for 2023. That compares with £1.53M in 2022, a change of -83.05%.

RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY LIMITED reported 12 employees in 2023, compared with 13 in 2022.

Between 2021 and 2023, RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY LIMITED's net assets rose by 51.6%, total assets rose by 74.6%, total liabilities rose by 1233% and employee numbers rose by 20%. Net assets compounded at 23.1% a year across the two years to 2023, from £541.34K to £820.58K. Reported headcount went from 10 in 2021 to 12 in 2023 (+2).

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.