REDSQUID COMMUNICATIONS LTD Financials
- Company number
- 04968485CopyCopy
- Registered office
- Premiere House, Elstree Way, Borehamwood WD6 1JH
- Incorporated
- 18/11/2003
Company snapshot
- Status
- Active
- Employees
- 37 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-11.46%vs 20232023: £768.99K
Total Assets
117.66%vs 20232023: £3.39M
Cash in Bank
-16.68%vs 20232023: £639.00K
Total Liabilities
156.31%vs 20232023: £2.60M
Employees
+6vs 20232023: 31
In 2024, REDSQUID COMMUNICATIONS LTD reported net assets of £680.89K. The same filing shows total assets of £7.37M, cash in bank of £532.40K and total liabilities of £6.67M. Reported headcount was 37 in 2024. Total Liabilities rose from £2.60M in 2023 to £6.67M in 2024 (156.31%). 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
-11.46%from £768.99K 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 REDSQUID COMMUNICATIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
+1672%vs 2022+321% a year compound (CAGR)
Total Assets
+135%vs 2022+53.3% a year compound (CAGR)
Total Liabilities
+105%vs 2022+43% a year compound (CAGR)
Employees
+19.4%vs 2022+6Biggest increase
Cash in Bank+1672%
£30.05K in 2022 to £532.40K in 2024
Every indicator Okredo holds for REDSQUID COMMUNICATIONS LTD rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from REDSQUID COMMUNICATIONS 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
- 9.24%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
- 90.49%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
- 7.98%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
- 7.22%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £115.28K2024
- 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 REDSQUID COMMUNICATIONS 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£ | -566.05K | -143.21K | 768.99K | 680.89K |
| Total Assets£ | 2.16M | 3.14M | 3.39M | 7.37M |
| Cash in Bank£ | 333.25K | 30.05K | 639.00K | 532.40K |
| Total Liabilities£ | 2.70M | 3.26M | 2.60M | 6.67M |
| Employees | 27 | 31 | 31 | 37 |
REDSQUID COMMUNICATIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for REDSQUID COMMUNICATIONS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
REDSQUID COMMUNICATIONS LTD reported net assets of £680.89K for 2024. That compares with £768.99K in 2023, a change of -11.46%.
REDSQUID COMMUNICATIONS LTD reported total assets of £7.37M for 2024. That compares with £3.39M in 2023, a change of 117.66%.
REDSQUID COMMUNICATIONS LTD reported cash in bank of £532.40K for 2024. That compares with £639.00K in 2023, a change of -16.68%.
REDSQUID COMMUNICATIONS LTD reported 37 employees in 2024, compared with 31 in 2023.
Between 2022 and 2024, REDSQUID COMMUNICATIONS LTD's cash in bank rose by 1672%, total assets rose by 135%, total liabilities rose by 105% and employee numbers rose by 19.4%. Cash in bank compounded at 321% a year across the two years to 2024, from £30.05K to £532.40K. Reported headcount went from 31 in 2022 to 37 in 2024 (+6).
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.