RICHMOND PRECISION SERVICES LTD Financials
- Company number
- 09480218CopyCopy
- Registered office
- Moat Works Moat Road, West Wilts Trading Estate, Westbury BA13 4JF
- Incorporated
- 10/03/2015
Company snapshot
- Status
- Active
- Employees
- 13 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
5.61K%vs 20222022: £1.70K
Total Assets
-1.67%vs 20222022: £420.12K
Cash in Bank
3.61K%vs 20222022: £86.00
Total Liabilities
-24.42%vs 20222022: £418.42K
Employees
-1vs 20222022: 14
In 2023, RICHMOND PRECISION SERVICES LTD reported net assets of £96.86K. The same filing shows total assets of £413.10K, cash in bank of £3.19K and total liabilities of £316.25K. Reported headcount was 13 in 2023. Total Liabilities fell from £418.42K in 2022 to £316.25K in 2023 (-24.42%). 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
5.61K%from £1.70K 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 RICHMOND PRECISION SERVICES LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+58.4%vs 2021+25.9% a year compound (CAGR)
Cash in Bank
-95.9%vs 2021-79.7% a year compound (CAGR)
Total Assets
-10.5%vs 2021-5.4% a year compound (CAGR)
Total Liabilities
-21%vs 2021-11.1% a year compound (CAGR)
Employees
-23.5%vs 2021-4Biggest increase
Net Assets+58.4%
£61.15K in 2021 to £96.86K in 2023
Biggest decrease
Cash in Bank-95.9%
£77.54K in 2021 to £3.19K in 2023
RICHMOND PRECISION SERVICES LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 RICHMOND PRECISION SERVICES 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
- 23.45%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
- 76.55%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
- 1.01%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
- 0.77%2023
- 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 RICHMOND PRECISION SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 61.15K | 1.70K | 96.86K |
| Total Assets£ | 461.61K | 420.12K | 413.10K |
| Cash in Bank£ | 77.54K | 86.00 | 3.19K |
| Total Liabilities£ | 400.46K | 418.42K | 316.25K |
| Employees | 17 | 14 | 13 |
RICHMOND PRECISION SERVICES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RICHMOND PRECISION SERVICES LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
RICHMOND PRECISION SERVICES LTD reported net assets of £96.86K for 2023. That compares with £1.70K in 2022, a change of 5.61K%.
RICHMOND PRECISION SERVICES LTD reported total assets of £413.10K for 2023. That compares with £420.12K in 2022, a change of -1.67%.
RICHMOND PRECISION SERVICES LTD reported cash in bank of £3.19K for 2023. That compares with £86.00 in 2022, a change of 3.61K%.
RICHMOND PRECISION SERVICES LTD reported 13 employees in 2023, compared with 14 in 2022.
Between 2021 and 2023, RICHMOND PRECISION SERVICES LTD's net assets rose by 58.4%, cash in bank fell by 95.9%, total assets fell by 10.5% and total liabilities fell by 21%. Net assets compounded at 25.9% a year across the two years to 2023, from £61.15K to £96.86K. Reported headcount went from 17 in 2021 to 13 in 2023 (-4).
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.