RACEY INVESTMENTS (HOVE) LIMITED Financials
- Company number
- 01404509Copy
Copy - Registered office
- 15 West Street, Brighton BN1 2RL
- Incorporated
- 08/12/1978
Company snapshot
- Status
- Active
- Employees
- 3 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
3.76%vs 20222022: £5.77M
Total Assets
5.29%vs 20222022: £6.54M
Cash in Bank
40.77%vs 20222022: £1.26M
Total Liabilities
16.93%vs 20222022: £762.07K
Employees
0vs 20222022: 3
In 2023, RACEY INVESTMENTS (HOVE) LIMITED reported net assets of £5.99M. The same filing shows total assets of £6.88M, cash in bank of £1.77M and total liabilities of £891.07K. Reported headcount was 3 in 2023. Cash in Bank rose from £1.26M in 2022 to £1.77M in 2023 (40.77%). 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
3.76%from £5.77M 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 RACEY INVESTMENTS (HOVE) LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+7.7%vs 2021+3.8% a year compound (CAGR)
Cash in Bank
+92.5%vs 2021+38.7% a year compound (CAGR)
Total Assets
+11.9%vs 2021+5.8% a year compound (CAGR)
Total Liabilities
+51.6%vs 2021+23.1% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Cash in Bank+92.5%
£920.80K in 2021 to £1.77M in 2023
Every measure that changed in RACEY INVESTMENTS (HOVE) LIMITED's filings between 2021 and 2023 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RACEY INVESTMENTS (HOVE) 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
- 87.04%2023
- Liabilities to total assets
- 12.94%2023
- Cash to liabilities
- 198.91%2023
- Cash to total assets
- 25.74%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 RACEY INVESTMENTS (HOVE) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 5.56M | 5.77M | 5.99M |
| Total Assets£ | 6.15M | 6.54M | 6.88M |
| Cash in Bank£ | 920.80K | 1.26M | 1.77M |
| Total Liabilities£ | 587.73K | 762.07K | 891.07K |
| Employees | 3 | 3 | 3 |
RACEY INVESTMENTS (HOVE) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has RACEY INVESTMENTS (HOVE) LIMITED filed financial statements?
Yes. Okredo holds filed figures for RACEY INVESTMENTS (HOVE) LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did RACEY INVESTMENTS (HOVE) LIMITED report in 2023?
RACEY INVESTMENTS (HOVE) LIMITED reported net assets of £5.99M for 2023. That compares with £5.77M in 2022, a change of 3.76%.
What total assets did RACEY INVESTMENTS (HOVE) LIMITED report in 2023?
RACEY INVESTMENTS (HOVE) LIMITED reported total assets of £6.88M for 2023. That compares with £6.54M in 2022, a change of 5.29%.
What cash in bank did RACEY INVESTMENTS (HOVE) LIMITED report in 2023?
RACEY INVESTMENTS (HOVE) LIMITED reported cash in bank of £1.77M for 2023. That compares with £1.26M in 2022, a change of 40.77%.
How many people does RACEY INVESTMENTS (HOVE) LIMITED employ?
RACEY INVESTMENTS (HOVE) LIMITED reported 3 employees in 2023, compared with 3 in 2022.
How have RACEY INVESTMENTS (HOVE) LIMITED financials changed over the last 3 years?
Between 2021 and 2023, RACEY INVESTMENTS (HOVE) LIMITED's net assets rose by 7.7%, cash in bank rose by 92.5%, total assets rose by 11.9% and total liabilities rose by 51.6%. Net assets compounded at 3.8% a year across the two years to 2023, from £5.56M to £5.99M. Reported headcount went from 3 in 2021 to 3 in 2023.
Which years of RACEY INVESTMENTS (HOVE) LIMITED financial data are available?
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.