REDSTONE SEARCH GROUP LTD Financials
- Company number
- 08689723CopyCopy
- Registered office
- Swift House Ground Floor, 18 Hoffmanns Way, Chelmsford, Essex CM1 1GU
- Incorporated
- 13/09/2013
Company snapshot
- Status
- Active
- Employees
- 18 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-84.62%vs 20232023: £1.85M
Total Assets
-72.03%vs 20232023: £2.21M
Cash in Bank
29.58%vs 20232023: £273.64K
Total Liabilities
-7.98%vs 20232023: £363.93K
Employees
+2vs 20232023: 16
In 2024, REDSTONE SEARCH GROUP LTD reported net assets of £284.59K. The same filing shows total assets of £619.49K, cash in bank of £354.57K and total liabilities of £334.90K. Reported headcount was 18 in 2024. Total Assets fell from £2.21M in 2023 to £619.49K in 2024 (-72.03%). 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
-84.62%from £1.85M 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 REDSTONE SEARCH GROUP LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-80.7%vs 2022-56.1% a year compound (CAGR)
Cash in Bank
+29.5%vs 2022+13.8% a year compound (CAGR)
Total Assets
-64.4%vs 2022-40.4% a year compound (CAGR)
Total Liabilities
+26.3%vs 2022+12.4% a year compound (CAGR)
Employees
+5.9%vs 2022+1Biggest increase
Cash in Bank+29.5%
£273.88K in 2022 to £354.57K in 2024
Biggest decrease
Net Assets-80.7%
£1.48M in 2022 to £284.59K in 2024
REDSTONE SEARCH GROUP 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, 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 REDSTONE SEARCH GROUP 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
- 45.94%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
- 54.06%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
- 105.87%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
- 57.24%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 REDSTONE SEARCH GROUP 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£ | 1.29M | 1.48M | 1.85M | 284.59K |
| Total Assets£ | 1.58M | 1.74M | 2.21M | 619.49K |
| Cash in Bank£ | 869.60K | 273.88K | 273.64K | 354.57K |
| Total Liabilities£ | 283.96K | 265.23K | 363.93K | 334.90K |
| Employees | 16 | 17 | 16 | 18 |
REDSTONE SEARCH GROUP LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for REDSTONE SEARCH GROUP LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
REDSTONE SEARCH GROUP LTD reported net assets of £284.59K for 2024. That compares with £1.85M in 2023, a change of -84.62%.
REDSTONE SEARCH GROUP LTD reported total assets of £619.49K for 2024. That compares with £2.21M in 2023, a change of -72.03%.
REDSTONE SEARCH GROUP LTD reported cash in bank of £354.57K for 2024. That compares with £273.64K in 2023, a change of 29.58%.
REDSTONE SEARCH GROUP LTD reported 18 employees in 2024, compared with 16 in 2023.
Between 2022 and 2024, REDSTONE SEARCH GROUP LTD's net assets fell by 80.7%, cash in bank rose by 29.5%, total assets fell by 64.4% and total liabilities rose by 26.3%. Net assets contracted at 56.1% a year across the two years to 2024, from £1.48M to £284.59K. Reported headcount went from 17 in 2022 to 18 in 2024 (+1).
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.