RHODES AND SONS CONSTRUCTION LIMITED Financials
- Company number
- 02332090CopyCopy
- Registered office
- 501 Middleton Road, Chadderton, Oldham OL9 9LY
- Incorporated
- 30/12/1988
Company snapshot
- Status
- Active
- Employees
- 13 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
35.79%vs 20232023: £734.54K
Total Assets
-6.50%vs 20232023: £1.51M
Cash in Bank
35.93%vs 20232023: £365.82K
Total Liabilities
-34.02%vs 20232023: £633.32K
Employees
0vs 20232023: 13
In 2024, RHODES AND SONS CONSTRUCTION LIMITED reported net assets of £997.46K. The same filing shows total assets of £1.42M, cash in bank of £497.27K and total liabilities of £417.89K. Reported headcount was 13 in 2024. Net Assets rose from £734.54K in 2023 to £997.46K in 2024 (35.79%). 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
35.79%from £734.54K 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 RHODES AND SONS CONSTRUCTION LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+119%vs 2022+48% a year compound (CAGR)
Cash in Bank
+65.2%vs 2022+28.5% a year compound (CAGR)
Total Assets
+38.9%vs 2022+17.9% a year compound (CAGR)
Total Liabilities
-2.4%vs 2022-1.2% a year compound (CAGR)
Employees
-7.1%vs 2022-1Biggest increase
Net Assets+119%
£455.18K in 2022 to £997.46K in 2024
Biggest decrease
Employees-7.1%
14 in 2022 to 13 in 2024
RHODES AND SONS CONSTRUCTION LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RHODES AND SONS CONSTRUCTION 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
- 70.47%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
- 29.53%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
- 118.99%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
- 35.13%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 RHODES AND SONS CONSTRUCTION LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 369.97K | 455.18K | 734.54K | 997.46K |
| Total Assets£ | 1.45M | 1.02M | 1.51M | 1.42M |
| Cash in Bank£ | 635.41K | 301.05K | 365.82K | 497.27K |
| Total Liabilities£ | 910.40K | 428.31K | 633.32K | 417.89K |
| Employees | 15 | 14 | 13 | 13 |
RHODES AND SONS CONSTRUCTION LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RHODES AND SONS CONSTRUCTION LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
RHODES AND SONS CONSTRUCTION LIMITED reported net assets of £997.46K for 2024. That compares with £734.54K in 2023, a change of 35.79%.
RHODES AND SONS CONSTRUCTION LIMITED reported total assets of £1.42M for 2024. That compares with £1.51M in 2023, a change of -6.50%.
RHODES AND SONS CONSTRUCTION LIMITED reported cash in bank of £497.27K for 2024. That compares with £365.82K in 2023, a change of 35.93%.
RHODES AND SONS CONSTRUCTION LIMITED reported 13 employees in 2024, compared with 13 in 2023.
Between 2022 and 2024, RHODES AND SONS CONSTRUCTION LIMITED's net assets rose by 119%, cash in bank rose by 65.2%, total assets rose by 38.9% and total liabilities fell by 2.4%. Net assets compounded at 48% a year across the two years to 2024, from £455.18K to £997.46K. Reported headcount went from 14 in 2022 to 13 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.