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RAQS (MANCHESTER) LTD Financials

Company number
11572211Copy
Copy
Registered office
Majid House 37-49 Devonshire Street North, Ardwick, Manchester M12 6JR
Incorporated
17/09/2018

Company snapshot

Status
Active
Employees
4 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£44.49K2025
-14.30%vs 2024

2024: £51.91K

Total Assets

£479.67K2025
-14.20%vs 2024

2024: £559.07K

Total Liabilities

£435.18K2025
-14.19%vs 2024

2024: £507.16K

Employees

42025
-1vs 2024

2024: 5

In 2025, RAQS (MANCHESTER) LTD reported net assets of £44.49K. The same filing shows total assets of £479.67K and total liabilities of £435.18K. Reported headcount was 4 in 2025. Total Assets fell from £559.07K in 2024 to £479.67K in 2025 (-14.20%). Okredo holds filed figures for 2021–2025; 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

£44.49K2025
-14.30%from £51.91K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures RAQS (MANCHESTER) LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£71.13K2023£44.49K2025
-37.5%vs 2023

-20.9% a year compound (CAGR)

Total Assets

£411.45K2023£479.67K2025
+16.6%vs 2023

+8% a year compound (CAGR)

Total Liabilities

£340.32K2023£435.18K2025
+27.9%vs 2023

+13.1% a year compound (CAGR)

Employees

6202342025
-33.3%vs 2023-2

Biggest increase

Total Liabilities+27.9%

£340.32K in 2023 to £435.18K in 2025

Biggest decrease

Net Assets-37.5%

£71.13K in 2023 to £44.49K in 2025

RAQS (MANCHESTER) LTD's filings pull in both directions between 2023 and 2025. 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 RAQS (MANCHESTER) 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
9.27%2025
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
90.73%2025
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 RAQS (MANCHESTER) LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£51.88K69.76K71.13K51.91K44.49K
Total Assets£343.81K313.00K411.45K559.07K479.67K
Cash in Bank£–––––
Total Liabilities£291.93K243.24K340.32K507.16K435.18K
Employees86654

RAQS (MANCHESTER) LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for RAQS (MANCHESTER) LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

RAQS (MANCHESTER) LTD reported net assets of £44.49K for 2025. That compares with £51.91K in 2024, a change of -14.30%.

RAQS (MANCHESTER) LTD reported total assets of £479.67K for 2025. That compares with £559.07K in 2024, a change of -14.20%.

RAQS (MANCHESTER) LTD reported total liabilities of £435.18K for 2025. That compares with £507.16K in 2024, a change of -14.19%.

RAQS (MANCHESTER) LTD reported 4 employees in 2025, compared with 5 in 2024.

Between 2023 and 2025, RAQS (MANCHESTER) LTD's net assets fell by 37.5%, total assets rose by 16.6%, total liabilities rose by 27.9% and employee numbers fell by 33.3%. Net assets contracted at 20.9% a year across the two years to 2025, from £71.13K to £44.49K. Reported headcount went from 6 in 2023 to 4 in 2025 (-2).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.