RIFT SOLUTIONS LIMITED Financials
- Company number
- 04409450Copy
Copy - Registered office
- 50 Woodgate, Leicester, Leicestershire LE3 5GF
- Incorporated
- 04/04/2002
Company snapshot
- Status
- Active
- Employees
- 81 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
45.79%vs 20222022: £120.06K
Cash in Bank
8.28%vs 20222022: £110.36K
Employees
-7vs 20222022: 88
In 2023, RIFT SOLUTIONS LIMITED reported net assets of £175.04K. The same filing shows cash in bank of £119.49K. Reported headcount was 81 in 2023. Net Assets rose from £120.06K in 2022 to £175.04K in 2023 (45.79%). 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
45.79%from £120.06K 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 RIFT SOLUTIONS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+9.5%vs 2021+4.6% a year compound (CAGR)
Cash in Bank
-26%vs 2021-14% a year compound (CAGR)
Employees
-1.2%vs 2021-1Biggest increase
Net Assets+9.5%
£159.92K in 2021 to £175.04K in 2023
Biggest decrease
Cash in Bank-26%
£161.49K in 2021 to £119.49K in 2023
RIFT SOLUTIONS LIMITED'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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for RIFT SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 159.92K | 120.06K | 175.04K |
| Total Assets£ | – | – | – |
| Cash in Bank£ | 161.49K | 110.36K | 119.49K |
| Total Liabilities£ | – | – | – |
| Employees | 82 | 88 | 81 |
RIFT SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has RIFT SOLUTIONS LIMITED filed financial statements?
Yes. Okredo holds filed figures for RIFT SOLUTIONS LIMITED covering 2021–2023, across 3 reported indicators. The most recent reported year is 2023.
What net assets did RIFT SOLUTIONS LIMITED report in 2023?
RIFT SOLUTIONS LIMITED reported net assets of £175.04K for 2023. That compares with £120.06K in 2022, a change of 45.79%.
What cash in bank did RIFT SOLUTIONS LIMITED report in 2023?
RIFT SOLUTIONS LIMITED reported cash in bank of £119.49K for 2023. That compares with £110.36K in 2022, a change of 8.28%.
How many people does RIFT SOLUTIONS LIMITED employ?
RIFT SOLUTIONS LIMITED reported 81 employees in 2023, compared with 88 in 2022.
How have RIFT SOLUTIONS LIMITED financials changed over the last 3 years?
Between 2021 and 2023, RIFT SOLUTIONS LIMITED's net assets rose by 9.5%, cash in bank fell by 26% and employee numbers fell by 1.2%. Net assets compounded at 4.6% a year across the two years to 2023, from £159.92K to £175.04K. Reported headcount went from 82 in 2021 to 81 in 2023 (-1).
Which years of RIFT SOLUTIONS LIMITED financial data are available?
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.