RIGHT 1 LTD Financials
- Company number
- 05834639Copy
Copy - Registered office
- 1 Billing Road, Northampton NN1 5AL
- Incorporated
- 01/06/2006
Company snapshot
- Status
- Active
- Employees
- 2 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-7.89%vs 20232023: £-22.55K
Total Assets
-23.99%vs 20232023: £136.22K
Cash in Bank
First reported yearTotal Liabilities
-19.46%vs 20232023: £158.76K
Employees
-1vs 20232023: 3
In 2024, RIGHT 1 LTD reported net assets of £-24.33K. The same filing shows total assets of £103.54K, cash in bank of £242.00 and total liabilities of £127.86K. Reported headcount was 2 in 2024. Total Assets fell from £136.22K in 2023 to £103.54K in 2024 (-23.99%). 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
-7.89%from £-22.55K 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 RIGHT 1 LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-1397%vs 2022Total Assets
-32.5%vs 2022-17.9% a year compound (CAGR)
Employees
-50%vs 2022-2Biggest decrease
Net Assets-1397%
£1.88K in 2022 to £-24.33K in 2024
Every indicator Okredo holds for RIGHT 1 LTD fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RIGHT 1 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
- -23.49%2024
- Liabilities to total assets
- 123.49%2024
- Cash to liabilities
- 0.20%2021
- Cash to total assets
- 0.21%2021
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 RIGHT 1 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£ | -3.14K | 1.88K | -22.55K | -24.33K |
| Total Assets£ | 116.10K | 153.49K | 136.22K | 103.54K |
| Cash in Bank£ | 242.00 | – | – | – |
| Total Liabilities£ | 119.24K | – | 158.76K | 127.86K |
| Employees | 4 | 4 | 3 | 2 |
RIGHT 1 LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has RIGHT 1 LTD filed financial statements?
Yes. Okredo holds filed figures for RIGHT 1 LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did RIGHT 1 LTD report in 2024?
RIGHT 1 LTD reported net assets of £-24.33K for 2024. That compares with £-22.55K in 2023, a change of -7.89%.
What total assets did RIGHT 1 LTD report in 2024?
RIGHT 1 LTD reported total assets of £103.54K for 2024. That compares with £136.22K in 2023, a change of -23.99%.
What cash in bank did RIGHT 1 LTD report in 2021?
RIGHT 1 LTD reported cash in bank of £242.00 for 2021. There is no earlier filing to compare it against.
How many people does RIGHT 1 LTD employ?
RIGHT 1 LTD reported 2 employees in 2024, compared with 3 in 2023.
How have RIGHT 1 LTD financials changed over the last 3 years?
Between 2022 and 2024, RIGHT 1 LTD's net assets fell by 1397%, total assets fell by 32.5% and employee numbers fell by 50%. Total assets contracted at 17.9% a year across the two years to 2024, from £153.49K to £103.54K. Reported headcount went from 4 in 2022 to 2 in 2024 (-2).
Which years of RIGHT 1 LTD 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.