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RAFFZ LTD Financials

Company number
10766610Copy
Copy
Registered office
205 Kings Road, Tyseley, Birmingham B11 2AA
Incorporated
11/05/2017

Company snapshot

Status
Active
Employees
15 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£9.68M2024
74.54%vs 2023

2023: £5.55M

Total Assets

£9.67M2024
103.87%vs 2023

2023: £4.75M

Cash in Bank

£3.44K2021
First reported year

Total Liabilities

£-4.20K2024
99.79%vs 2023

2023: £-2.00M

Employees

152024
0vs 2023

2023: 15

In 2024, RAFFZ LTD reported net assets of £9.68M. The same filing shows total assets of £9.67M, cash in bank of £3.44K and total liabilities of £-4.20K. Reported headcount was 15 in 2024. Total Assets rose from £4.75M in 2023 to £9.67M in 2024 (103.87%). Okredo holds filed figures for 2021–2024; 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

£9.68M2024
74.54%from £5.55M in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures RAFFZ LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£2.40M2022£9.68M2024
+303%vs 2022

+101% a year compound (CAGR)

Total Assets

£2.41M2022£9.67M2024
+301%vs 2022

+100% a year compound (CAGR)

Total Liabilities

£12.99K2022£-4.20K2024
-132%vs 2022

Employees

72022152024
+114%vs 2022+8

Biggest increase

Net Assets+303%

£2.40M in 2022 to £9.68M in 2024

Biggest decrease

Total Liabilities-132%

£12.99K in 2022 to £-4.20K in 2024

RAFFZ LTD's filings pull in both directions between 2022 and 2024. 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 RAFFZ LTD'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
100.04%2024
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
-0.04%2024
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
3.15%2021
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
7.93%2021
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 RAFFZ LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-65.91K2.40M5.55M9.68M
Total Assets£43.44K2.41M4.75M9.67M
Cash in Bank£3.44K–––
Total Liabilities£109.35K12.99K-2.00M-4.20K
Employees271515

RAFFZ LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for RAFFZ LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

RAFFZ LTD reported net assets of £9.68M for 2024. That compares with £5.55M in 2023, a change of 74.54%.

RAFFZ LTD reported total assets of £9.67M for 2024. That compares with £4.75M in 2023, a change of 103.87%.

RAFFZ LTD reported cash in bank of £3.44K for 2021. There is no earlier filing to compare it against.

RAFFZ LTD reported 15 employees in 2024, compared with 15 in 2023.

Between 2022 and 2024, RAFFZ LTD's net assets rose by 303%, total assets rose by 301%, total liabilities fell by 132% and employee numbers rose by 114%. Net assets compounded at 101% a year across the two years to 2024, from £2.40M to £9.68M. Reported headcount went from 7 in 2022 to 15 in 2024 (+8).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.