RAYCAST TECHNOLOGIES LTD. Financials
- Company number
- 12394678CopyCopy
- Registered office
- 3rd Floor 1 Ashley Road, Altrincham, Cheshire WA14 2DT
- Incorporated
- 09/01/2020
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-59.68%vs 20232023: £-4.99M
Total Assets
565.31%vs 20232023: £344.53K
Cash in Bank
634.92%vs 20232023: £298.51K
Total Liabilities
92.34%vs 20232023: £5.33M
Employees
+1vs 20232023: 5
In 2024, RAYCAST TECHNOLOGIES LTD. reported net assets of £-7.97M. The same filing shows total assets of £2.29M, cash in bank of £2.19M and total liabilities of £10.26M. Reported headcount was 6 in 2024. Total Liabilities rose from £5.33M in 2023 to £10.26M in 2024 (92.34%). 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
-59.68%from £-4.99M 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 RAYCAST TECHNOLOGIES LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
+977%vs 2022+228% a year compound (CAGR)
Total Assets
+691%vs 2022+181% a year compound (CAGR)
Total Liabilities
+365%vs 2022+116% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Cash in Bank+977%
£203.76K in 2022 to £2.19M in 2024
RAYCAST TECHNOLOGIES LTD.'s filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RAYCAST TECHNOLOGIES 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
- -347.57%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
- 447.57%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
- 21.38%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
- 95.71%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 RAYCAST TECHNOLOGIES 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£ | -496.10K | -1.92M | -4.99M | -7.97M |
| Total Assets£ | 93.62K | 289.88K | 344.53K | 2.29M |
| Cash in Bank£ | 71.62K | 203.76K | 298.51K | 2.19M |
| Total Liabilities£ | 589.72K | 2.21M | 5.33M | 10.26M |
| Employees | 5 | 6 | 5 | 6 |
RAYCAST TECHNOLOGIES LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RAYCAST TECHNOLOGIES LTD. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
RAYCAST TECHNOLOGIES LTD. reported net assets of £-7.97M for 2024. That compares with £-4.99M in 2023, a change of -59.68%.
RAYCAST TECHNOLOGIES LTD. reported total assets of £2.29M for 2024. That compares with £344.53K in 2023, a change of 565.31%.
RAYCAST TECHNOLOGIES LTD. reported cash in bank of £2.19M for 2024. That compares with £298.51K in 2023, a change of 634.92%.
RAYCAST TECHNOLOGIES LTD. reported 6 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, RAYCAST TECHNOLOGIES LTD.'s cash in bank rose by 977%, total assets rose by 691%, total liabilities rose by 365% and employee numbers was unchanged. Cash in bank compounded at 228% a year across the two years to 2024, from £203.76K to £2.19M. Reported headcount went from 6 in 2022 to 6 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.