RAINBOW ROOM (24 ROYAL EXCHANGE SQUARE) LIMITED Financials
- Company number
- SC128909CopyCopy
- Registered office
- 64 Howard Street, Glasgow G1 4EE
- Incorporated
- 07/12/1990
Company snapshot
- Status
- Active
- Employees
- 29 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-19.76%vs 20232023: £133.31K
Total Assets
-11.96%vs 20232023: £222.46K
Cash in Bank
13.48%vs 20232023: £54.31K
Total Liabilities
0.68%vs 20232023: £79.72K
Employees
+1vs 20232023: 28
In 2024, RAINBOW ROOM (24 ROYAL EXCHANGE SQUARE) LIMITED reported net assets of £106.97K. The same filing shows total assets of £195.86K, cash in bank of £61.63K and total liabilities of £80.26K. Reported headcount was 29 in 2024. Total Assets fell from £222.46K in 2023 to £195.86K in 2024 (-11.96%). 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
-19.76%from £133.31K in 2023Year-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 RAINBOW ROOM (24 ROYAL EXCHANGE SQUARE) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-43.4%vs 2022-24.8% a year compound (CAGR)
Cash in Bank
+8.7%vs 2022+4.2% a year compound (CAGR)
Total Assets
-29.5%vs 2022-16% a year compound (CAGR)
Total Liabilities
+0.8%vs 2022+0.4% a year compound (CAGR)
Employees
+11.5%vs 2022+3Biggest increase
Employees+11.5%
26 in 2022 to 29 in 2024
Biggest decrease
Net Assets-43.4%
£189.13K in 2022 to £106.97K in 2024
RAINBOW ROOM (24 ROYAL EXCHANGE SQUARE) LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RAINBOW ROOM (24 ROYAL EXCHANGE SQUARE) 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
- 54.61%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
- 40.98%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
- 76.79%2024
- 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
- 31.47%2024
- 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 RAINBOW ROOM (24 ROYAL EXCHANGE SQUARE) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 252.37K | 189.13K | 133.31K | 106.97K |
| Total Assets£ | 359.97K | 277.65K | 222.46K | 195.86K |
| Cash in Bank£ | 65.33K | 56.72K | 54.31K | 61.63K |
| Total Liabilities£ | 98.33K | 79.65K | 79.72K | 80.26K |
| Employees | 24 | 26 | 28 | 29 |
RAINBOW ROOM (24 ROYAL EXCHANGE SQUARE) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RAINBOW ROOM (24 ROYAL EXCHANGE SQUARE) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
RAINBOW ROOM (24 ROYAL EXCHANGE SQUARE) LIMITED reported net assets of £106.97K for 2024. That compares with £133.31K in 2023, a change of -19.76%.
RAINBOW ROOM (24 ROYAL EXCHANGE SQUARE) LIMITED reported total assets of £195.86K for 2024. That compares with £222.46K in 2023, a change of -11.96%.
RAINBOW ROOM (24 ROYAL EXCHANGE SQUARE) LIMITED reported cash in bank of £61.63K for 2024. That compares with £54.31K in 2023, a change of 13.48%.
RAINBOW ROOM (24 ROYAL EXCHANGE SQUARE) LIMITED reported 29 employees in 2024, compared with 28 in 2023.
Between 2022 and 2024, RAINBOW ROOM (24 ROYAL EXCHANGE SQUARE) LIMITED's net assets fell by 43.4%, cash in bank rose by 8.7%, total assets fell by 29.5% and total liabilities rose by 0.8%. Net assets contracted at 24.8% a year across the two years to 2024, from £189.13K to £106.97K. Reported headcount went from 26 in 2022 to 29 in 2024 (+3).
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.