RANKIN ELECTRICAL LTD Financials
- Company number
- NI058261CopyCopy
- Registered office
- 180 Ormeau Road, Belfast BT7 2ED
- Incorporated
- 23/02/2006
Company snapshot
- Status
- Active
- Employees
- 4 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-2.70%vs 20222022: £553.03K
Cash in Bank
-15.32%vs 20222022: £544.59K
Employees
0vs 20222022: 4
In 2023, RANKIN ELECTRICAL LTD reported net assets of £538.12K. The same filing shows cash in bank of £461.18K. Reported headcount was 4 in 2023. Cash in Bank fell from £544.59K in 2022 to £461.18K in 2023 (-15.32%). 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
-2.70%from £553.03K 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 RANKIN ELECTRICAL LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-28%vs 2021-15.1% a year compound (CAGR)
Cash in Bank
-18%vs 2021-9.4% a year compound (CAGR)
Employees
0%vs 2021Biggest decrease
Net Assets-28%
£747.18K in 2021 to £538.12K in 2023
Every measure that changed in RANKIN ELECTRICAL LTD's filings between 2021 and 2023 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank falling alongside it. See the full year-by-year figures.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for RANKIN ELECTRICAL LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 747.18K | 553.03K | 538.12K |
| Total Assets£ | – | – | – |
| Cash in Bank£ | 562.17K | 544.59K | 461.18K |
| Total Liabilities£ | – | – | – |
| Employees | 4 | 4 | 4 |
RANKIN ELECTRICAL LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RANKIN ELECTRICAL LTD covering 2021–2023, across 3 reported indicators. The most recent reported year is 2023.
RANKIN ELECTRICAL LTD reported net assets of £538.12K for 2023. That compares with £553.03K in 2022, a change of -2.70%.
RANKIN ELECTRICAL LTD reported cash in bank of £461.18K for 2023. That compares with £544.59K in 2022, a change of -15.32%.
RANKIN ELECTRICAL LTD reported 4 employees in 2023, compared with 4 in 2022.
Between 2021 and 2023, RANKIN ELECTRICAL LTD's net assets fell by 28%, cash in bank fell by 18% and employee numbers was unchanged. Net assets contracted at 15.1% a year across the two years to 2023, from £747.18K to £538.12K. Reported headcount went from 4 in 2021 to 4 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.