RIFT LIMITED Financials
- Company number
- 04088211Copy
Copy - Registered office
- The Cobalt Building 1600 Eureka Park, Lower Pemberton, Ashford, Kent TN25 4BF
- Incorporated
- 11/10/2000
Company snapshot
- Status
- Active
- Employees
- 148 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-5.23%vs 20232023: £689.37K
Total Assets
15.73%vs 20232023: £3.27M
Cash in Bank
69.88%vs 20232023: £962.65K
Total Liabilities
26.75%vs 20232023: £2.35M
Employees
-10vs 20232023: 158
In 2024, RIFT LIMITED reported net assets of £653.30K. The same filing shows total assets of £3.78M, cash in bank of £1.64M and total liabilities of £2.98M. Reported headcount was 148 in 2024. Cash in Bank rose from £962.65K in 2023 to £1.64M in 2024 (69.88%). 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
-5.23%from £689.37K 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 RIFT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-50.4%vs 2022-29.6% a year compound (CAGR)
Cash in Bank
+9.1%vs 2022+4.5% a year compound (CAGR)
Total Assets
-8.9%vs 2022-4.6% a year compound (CAGR)
Total Liabilities
+18.6%vs 2022+8.9% a year compound (CAGR)
Employees
-6.3%vs 2022-10Biggest increase
Total Liabilities+18.6%
£2.51M in 2022 to £2.98M in 2024
Biggest decrease
Net Assets-50.4%
£1.32M in 2022 to £653.30K in 2024
RIFT LIMITED'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RIFT 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
- 17.28%2024
- Liabilities to total assets
- 78.86%2024
- Cash to liabilities
- 54.86%2024
- Cash to total assets
- 43.26%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 RIFT 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£ | 1.34M | 1.32M | 689.37K | 653.30K |
| Total Assets£ | 4.68M | 4.15M | 3.27M | 3.78M |
| Cash in Bank£ | 1.03M | 1.50M | 962.65K | 1.64M |
| Total Liabilities£ | 2.90M | 2.51M | 2.35M | 2.98M |
| Employees | 163 | 158 | 158 | 148 |
RIFT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has RIFT LIMITED filed financial statements?
Yes. Okredo holds filed figures for RIFT LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did RIFT LIMITED report in 2024?
RIFT LIMITED reported net assets of £653.30K for 2024. That compares with £689.37K in 2023, a change of -5.23%.
What total assets did RIFT LIMITED report in 2024?
RIFT LIMITED reported total assets of £3.78M for 2024. That compares with £3.27M in 2023, a change of 15.73%.
What cash in bank did RIFT LIMITED report in 2024?
RIFT LIMITED reported cash in bank of £1.64M for 2024. That compares with £962.65K in 2023, a change of 69.88%.
How many people does RIFT LIMITED employ?
RIFT LIMITED reported 148 employees in 2024, compared with 158 in 2023.
How have RIFT LIMITED financials changed over the last 3 years?
Between 2022 and 2024, RIFT LIMITED's net assets fell by 50.4%, cash in bank rose by 9.1%, total assets fell by 8.9% and total liabilities rose by 18.6%. Net assets contracted at 29.6% a year across the two years to 2024, from £1.32M to £653.30K. Reported headcount went from 158 in 2022 to 148 in 2024 (-10).
Which years of RIFT LIMITED financial data are available?
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.