RED HANDLING UK LIMITED Financials
- Company number
- 10414033CopyCopy
- Registered office
- Rooms 79-81, Pier 2 , South Terminal Gatwick Air Perimeter Road East, London Gatwick Airport, Gatwick RH6 0LX
- Incorporated
- 06/10/2016
Company snapshot
- Status
- Active
- Employees
- 142 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-93.39%vs 20222022: £325.46K
Total Assets
47.89%vs 20222022: £2.72M
Cash in Bank
-47.59%vs 20222022: £135.83K
Total Liabilities
49.52%vs 20222022: £2.28M
Employees
+112vs 20222022: 30
In 2023, RED HANDLING UK LIMITED reported net assets of £21.50K. The same filing shows total assets of £4.02M, cash in bank of £71.19K and total liabilities of £3.40M. Reported headcount was 142 in 2023. Total Assets rose from £2.72M in 2022 to £4.02M in 2023 (47.89%). 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
-93.39%from £325.46K 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 RED HANDLING UK LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-80%vs 2021-55.3% a year compound (CAGR)
Cash in Bank
+3121%vs 2021+468% a year compound (CAGR)
Total Assets
+1128%vs 2021+250% a year compound (CAGR)
Total Liabilities
+1451%vs 2021+294% a year compound (CAGR)
Employees
+2267%vs 2021+136Biggest increase
Cash in Bank+3121%
£2.21K in 2021 to £71.19K in 2023
Biggest decrease
Net Assets-80%
£107.67K in 2021 to £21.50K in 2023
RED HANDLING UK LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 RED HANDLING UK 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
- 0.54%2023
- 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
- 84.68%2023
- 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
- 2.09%2023
- 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
- 1.77%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £79.49K2023
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for RED HANDLING UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 107.67K | 325.46K | 21.50K |
| Total Assets£ | 327.10K | 2.72M | 4.02M |
| Cash in Bank£ | 2.21K | 135.83K | 71.19K |
| Total Liabilities£ | 219.43K | 2.28M | 3.40M |
| Employees | 6 | 30 | 142 |
RED HANDLING UK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RED HANDLING UK LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
RED HANDLING UK LIMITED reported net assets of £21.50K for 2023. That compares with £325.46K in 2022, a change of -93.39%.
RED HANDLING UK LIMITED reported total assets of £4.02M for 2023. That compares with £2.72M in 2022, a change of 47.89%.
RED HANDLING UK LIMITED reported cash in bank of £71.19K for 2023. That compares with £135.83K in 2022, a change of -47.59%.
RED HANDLING UK LIMITED reported 142 employees in 2023, compared with 30 in 2022.
Between 2021 and 2023, RED HANDLING UK LIMITED's net assets fell by 80%, cash in bank rose by 3121%, total assets rose by 1128% and total liabilities rose by 1451%. Net assets contracted at 55.3% a year across the two years to 2023, from £107.67K to £21.50K. Reported headcount went from 6 in 2021 to 142 in 2023 (+136).
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.