RACAM SECURITY & COMMUNICATIONS LIMITED Financials
- Company number
- SC244093CopyCopy
- Registered office
- Wing 3 15 Edison Street, Hillington Park, Glasgow G52 4JW
- Incorporated
- 17/02/2003
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
38.60%vs 20222022: £74.79K
Total Assets
6.65%vs 20222022: £300.14K
Cash in Bank
35.49%vs 20222022: £104.44K
Total Liabilities
-3.95%vs 20222022: £225.35K
Employees
+1vs 20222022: 11
In 2023, RACAM SECURITY & COMMUNICATIONS LIMITED reported net assets of £103.66K. The same filing shows total assets of £320.10K, cash in bank of £141.50K and total liabilities of £216.45K. Reported headcount was 12 in 2023. Cash in Bank rose from £104.44K in 2022 to £141.50K in 2023 (35.49%). 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
38.60%from £74.79K in 2022Year-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 RACAM SECURITY & COMMUNICATIONS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+46.6%vs 2021+21.1% a year compound (CAGR)
Cash in Bank
+35.3%vs 2021+16.3% a year compound (CAGR)
Total Assets
+6.5%vs 2021+3.2% a year compound (CAGR)
Total Liabilities
-5.8%vs 2021-3% a year compound (CAGR)
Employees
+9.1%vs 2021+1Biggest increase
Net Assets+46.6%
£70.70K in 2021 to £103.66K in 2023
Biggest decrease
Total Liabilities-5.8%
£229.85K in 2021 to £216.45K in 2023
RACAM SECURITY & COMMUNICATIONS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 RACAM SECURITY & COMMUNICATIONS 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
- 32.38%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
- 67.62%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
- 65.38%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
- 44.21%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 RACAM SECURITY & COMMUNICATIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 70.70K | 74.79K | 103.66K |
| Total Assets£ | 300.54K | 300.14K | 320.10K |
| Cash in Bank£ | 104.58K | 104.44K | 141.50K |
| Total Liabilities£ | 229.85K | 225.35K | 216.45K |
| Employees | 11 | 11 | 12 |
RACAM SECURITY & COMMUNICATIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RACAM SECURITY & COMMUNICATIONS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
RACAM SECURITY & COMMUNICATIONS LIMITED reported net assets of £103.66K for 2023. That compares with £74.79K in 2022, a change of 38.60%.
RACAM SECURITY & COMMUNICATIONS LIMITED reported total assets of £320.10K for 2023. That compares with £300.14K in 2022, a change of 6.65%.
RACAM SECURITY & COMMUNICATIONS LIMITED reported cash in bank of £141.50K for 2023. That compares with £104.44K in 2022, a change of 35.49%.
RACAM SECURITY & COMMUNICATIONS LIMITED reported 12 employees in 2023, compared with 11 in 2022.
Between 2021 and 2023, RACAM SECURITY & COMMUNICATIONS LIMITED's net assets rose by 46.6%, cash in bank rose by 35.3%, total assets rose by 6.5% and total liabilities fell by 5.8%. Net assets compounded at 21.1% a year across the two years to 2023, from £70.70K to £103.66K. Reported headcount went from 11 in 2021 to 12 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.