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RADE NEW MEDIA LIMITED Financials

Company number
03673531Copy
Copy
Registered office
The Granary, Hinton Lodge, Hinton, Saxmundham, Suffolk IP17 3RG
Incorporated
25/11/1998

Company snapshot

Status
Active
Employees
9 (2023)
Latest financial data
2023
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£56.07K2023
13.24%vs 2022

2022: £49.51K

Total Assets

£347.55K2023
-5.91%vs 2022

2022: £369.40K

Total Liabilities

£319.88K2022
-31.30%vs 2021

2021: £465.62K

Employees

92023
-1vs 2022

2022: 10

In 2023, RADE NEW MEDIA LIMITED reported net assets of £56.07K. The same filing shows total assets of £347.55K and total liabilities of £319.88K. Reported headcount was 9 in 2023. Total Liabilities fell from £465.62K in 2021 to £319.88K in 2022 (-31.30%). 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

£56.07K2023
13.24%from £49.51K 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 RADE NEW MEDIA LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£6.19K2021£56.07K2023
+806%vs 2021

+201% a year compound (CAGR)

Total Assets

£471.81K2021£347.55K2023
-26.3%vs 2021

-14.2% a year compound (CAGR)

Employees

9202192023
0%vs 2021

Biggest increase

Net Assets+806%

£6.19K in 2021 to £56.07K in 2023

Biggest decrease

Total Assets-26.3%

£471.81K in 2021 to £347.55K in 2023

RADE NEW MEDIA 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 assets, pointing to a narrowing asset base. See the full year-by-year figures.

Ratios from the filed figures

Calculated from RADE NEW MEDIA 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
16.13%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
86.60%2022
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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for RADE NEW MEDIA LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£6.19K49.51K56.07K
Total Assets£471.81K369.40K347.55K
Cash in Bank£–––
Total Liabilities£465.62K319.88K–
Employees9109

RADE NEW MEDIA LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for RADE NEW MEDIA LIMITED covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.

RADE NEW MEDIA LIMITED reported net assets of £56.07K for 2023. That compares with £49.51K in 2022, a change of 13.24%.

RADE NEW MEDIA LIMITED reported total assets of £347.55K for 2023. That compares with £369.40K in 2022, a change of -5.91%.

RADE NEW MEDIA LIMITED reported total liabilities of £319.88K for 2022. That compares with £465.62K in 2021, a change of -31.30%.

RADE NEW MEDIA LIMITED reported 9 employees in 2023, compared with 10 in 2022.

Between 2021 and 2023, RADE NEW MEDIA LIMITED's net assets rose by 806%, total assets fell by 26.3% and employee numbers was unchanged. Net assets compounded at 201% a year across the two years to 2023, from £6.19K to £56.07K. Reported headcount went from 9 in 2021 to 9 in 2023.

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.