RAINSOUGH GARAGE LTD. Financials
- Company number
- 09555417CopyCopy
- Registered office
- Rainsough Garage Hilton Lane, Prestwich, Manchester M25 9XJ
- Incorporated
- 22/04/2015
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-3.60K%vs 20232023: £543.00
Total Assets
23.63%vs 20232023: £193.27K
Cash in Bank
-53.05%vs 20212021: £35.44K
Total Liabilities
40.24%vs 20232023: £128.14K
Employees
-1vs 20232023: 6
In 2024, RAINSOUGH GARAGE LTD. reported net assets of £-18.99K. The same filing shows total assets of £238.94K, cash in bank of £16.64K and total liabilities of £179.71K. Reported headcount was 5 in 2024. Total Liabilities rose from £128.14K in 2023 to £179.71K in 2024 (40.24%). 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
-3.60K%from £543.00 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 RAINSOUGH GARAGE LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-394%vs 2022Total Assets
+6.3%vs 2022+3.1% a year compound (CAGR)
Total Liabilities
+23.6%vs 2022+11.2% a year compound (CAGR)
Employees
-37.5%vs 2022-3Biggest increase
Total Liabilities+23.6%
£145.38K in 2022 to £179.71K in 2024
Biggest decrease
Net Assets-394%
£6.46K in 2022 to £-18.99K in 2024
RAINSOUGH GARAGE LTD.'s filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 RAINSOUGH GARAGE 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
- -7.95%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
- 75.21%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
- 11.44%2022
- 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
- 7.40%2022
- 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 RAINSOUGH GARAGE LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 545.00 | 6.46K | 543.00 | -18.99K |
| Total Assets£ | 213.67K | 224.72K | 193.27K | 238.94K |
| Cash in Bank£ | 35.44K | 16.64K | – | – |
| Total Liabilities£ | 154.10K | 145.38K | 128.14K | 179.71K |
| Employees | 8 | 8 | 6 | 5 |
RAINSOUGH GARAGE LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RAINSOUGH GARAGE LTD. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
RAINSOUGH GARAGE LTD. reported net assets of £-18.99K for 2024. That compares with £543.00 in 2023, a change of -3.60K%.
RAINSOUGH GARAGE LTD. reported total assets of £238.94K for 2024. That compares with £193.27K in 2023, a change of 23.63%.
RAINSOUGH GARAGE LTD. reported cash in bank of £16.64K for 2022. That compares with £35.44K in 2021, a change of -53.05%.
RAINSOUGH GARAGE LTD. reported 5 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, RAINSOUGH GARAGE LTD.'s net assets fell by 394%, total assets rose by 6.3%, total liabilities rose by 23.6% and employee numbers fell by 37.5%. Total assets compounded at 3.1% a year across the two years to 2024, from £224.72K to £238.94K. Reported headcount went from 8 in 2022 to 5 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.