REDBURN INNOVATIONS LTD Financials
- Company number
- 08846588CopyCopy
- Registered office
- 2 Cornhill 2nd Floor, Bury St Edmunds, Suffolk IP33 1BE
- Incorporated
- 15/01/2014
Company snapshot
- Status
- Active
- Employees
- 16 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-7.91%vs 20232023: £-2.52M
Total Assets
43.96%vs 20232023: £1.43M
Cash in Bank
-19.47%vs 20232023: £842.33K
Total Liabilities
21.13%vs 20232023: £3.93M
Employees
-1vs 20232023: 17
In 2024, REDBURN INNOVATIONS LTD reported net assets of £-2.72M. The same filing shows total assets of £2.05M, cash in bank of £678.30K and total liabilities of £4.76M. Reported headcount was 16 in 2024. Total Liabilities rose from £3.93M in 2023 to £4.76M in 2024 (21.13%). 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
-7.91%from £-2.52M 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 REDBURN INNOVATIONS 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
-24.8%vs 2022-13.3% a year compound (CAGR)
Total Assets
+17.1%vs 2022+8.2% a year compound (CAGR)
Total Liabilities
+23%vs 2022+10.9% a year compound (CAGR)
Employees
-20%vs 2022-4Biggest increase
Total Liabilities+23%
£3.87M in 2022 to £4.76M in 2024
Biggest decrease
Cash in Bank-24.8%
£902.32K in 2022 to £678.30K in 2024
REDBURN INNOVATIONS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from REDBURN INNOVATIONS 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
- -132.68%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
- 232.06%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
- 14.25%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
- 33.06%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 REDBURN INNOVATIONS 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£ | -1.98M | -2.13M | -2.52M | -2.72M |
| Total Assets£ | 1.30M | 1.75M | 1.43M | 2.05M |
| Cash in Bank£ | 356.14K | 902.32K | 842.33K | 678.30K |
| Total Liabilities£ | 3.26M | 3.87M | 3.93M | 4.76M |
| Employees | 19 | 20 | 17 | 16 |
REDBURN INNOVATIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for REDBURN INNOVATIONS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
REDBURN INNOVATIONS LTD reported net assets of £-2.72M for 2024. That compares with £-2.52M in 2023, a change of -7.91%.
REDBURN INNOVATIONS LTD reported total assets of £2.05M for 2024. That compares with £1.43M in 2023, a change of 43.96%.
REDBURN INNOVATIONS LTD reported cash in bank of £678.30K for 2024. That compares with £842.33K in 2023, a change of -19.47%.
REDBURN INNOVATIONS LTD reported 16 employees in 2024, compared with 17 in 2023.
Between 2022 and 2024, REDBURN INNOVATIONS LTD's cash in bank fell by 24.8%, total assets rose by 17.1%, total liabilities rose by 23% and employee numbers fell by 20%. Cash in bank contracted at 13.3% a year across the two years to 2024, from £902.32K to £678.30K. Reported headcount went from 20 in 2022 to 16 in 2024 (-4).
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.