RASE STEELS CONSTRUCTION AND CIVILS LIMITED Financials
- Company number
- 09388478CopyCopy
- Registered office
- Rase Steels Gallamore Industrial Estate, Gallamore Lane, Market Rasen, Lincolnshire LN8 3HA
- Incorporated
- 14/01/2015
Company snapshot
- Status
- Active
- Employees
- 45 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
14.27%vs 20232023: £1.84M
Total Assets
8.06%vs 20232023: £5.40M
Cash in Bank
60.39%vs 20232023: £397.61K
Total Liabilities
-1.75%vs 20232023: £2.19M
Employees
0vs 20232023: 45
In 2024, RASE STEELS CONSTRUCTION AND CIVILS LIMITED reported net assets of £2.10M. The same filing shows total assets of £5.83M, cash in bank of £637.71K and total liabilities of £2.15M. Reported headcount was 45 in 2024. Total Assets rose from £5.40M in 2023 to £5.83M in 2024 (8.06%). 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
14.27%from £1.84M 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 RASE STEELS CONSTRUCTION AND CIVILS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+62.9%vs 2022+27.6% a year compound (CAGR)
Cash in Bank
-11.2%vs 2022-5.8% a year compound (CAGR)
Total Assets
+5%vs 2022+2.5% a year compound (CAGR)
Total Liabilities
-31.9%vs 2022-17.5% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+62.9%
£1.29M in 2022 to £2.10M in 2024
Biggest decrease
Total Liabilities-31.9%
£3.16M in 2022 to £2.15M in 2024
RASE STEELS CONSTRUCTION AND CIVILS LIMITED'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 RASE STEELS CONSTRUCTION AND CIVILS 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
- 36.02%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
- 36.82%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
- 29.68%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
- 10.93%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 RASE STEELS CONSTRUCTION AND CIVILS 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£ | 747.29K | 1.29M | 1.84M | 2.10M |
| Total Assets£ | 4.41M | 5.56M | 5.40M | 5.83M |
| Cash in Bank£ | 656.93K | 718.44K | 397.61K | 637.71K |
| Total Liabilities£ | 2.74M | 3.16M | 2.19M | 2.15M |
| Employees | 43 | 45 | 45 | 45 |
RASE STEELS CONSTRUCTION AND CIVILS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RASE STEELS CONSTRUCTION AND CIVILS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
RASE STEELS CONSTRUCTION AND CIVILS LIMITED reported net assets of £2.10M for 2024. That compares with £1.84M in 2023, a change of 14.27%.
RASE STEELS CONSTRUCTION AND CIVILS LIMITED reported total assets of £5.83M for 2024. That compares with £5.40M in 2023, a change of 8.06%.
RASE STEELS CONSTRUCTION AND CIVILS LIMITED reported cash in bank of £637.71K for 2024. That compares with £397.61K in 2023, a change of 60.39%.
RASE STEELS CONSTRUCTION AND CIVILS LIMITED reported 45 employees in 2024, compared with 45 in 2023.
Between 2022 and 2024, RASE STEELS CONSTRUCTION AND CIVILS LIMITED's net assets rose by 62.9%, cash in bank fell by 11.2%, total assets rose by 5% and total liabilities fell by 31.9%. Net assets compounded at 27.6% a year across the two years to 2024, from £1.29M to £2.10M. Reported headcount went from 45 in 2022 to 45 in 2024.
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.