Active

RIGHT THERE Financials

Company number
SC394447Copy
Copy
Registered office
15 Dava Street, Glasgow G51 2JA
Incorporated
28/02/2011

Company snapshot

Status
Active
Employees
166 (2023)
Latest financial data
2023
Accounts type
Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£3.50M2023
0.17%vs 2022

2022: £3.50M

Total Assets

£8.27M2023
-6.93%vs 2022

2022: £8.89M

Cash in Bank

£1.14M2023
-34.64%vs 2022

2022: £1.75M

Total Liabilities

£1.77M2023
-26.89%vs 2022

2022: £2.42M

Employees

1662023
-1vs 2022

2022: 167

In 2023, RIGHT THERE reported net assets of £3.50M. The same filing shows total assets of £8.27M, cash in bank of £1.14M and total liabilities of £1.77M. Reported headcount was 166 in 2023. Total Liabilities fell from £2.42M in 2022 to £1.77M in 2023 (-26.89%). 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

£3.50M2023
0.17%from £3.50M in 2022

Year-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 RIGHT THERE filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£4.86M2021£3.50M2023
-27.9%vs 2021

-15.1% a year compound (CAGR)

Cash in Bank

£2.15M2021£1.14M2023
-46.9%vs 2021

-27.1% a year compound (CAGR)

Total Assets

£10.13M2021£8.27M2023
-18.3%vs 2021

-9.6% a year compound (CAGR)

Total Liabilities

£1.96M2021£1.77M2023
-9.6%vs 2021

-4.9% a year compound (CAGR)

Employees

18820211662023
-11.7%vs 2021-22

Biggest decrease

Cash in Bank-46.9%

£2.15M in 2021 to £1.14M in 2023

Every indicator Okredo holds for RIGHT THERE fell between 2021 and 2023. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from RIGHT THERE'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
42.33%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
21.36%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
64.79%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
13.84%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 RIGHT THERE by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£4.86M3.50M3.50M
Total Assets£10.13M8.89M8.27M
Cash in Bank£2.15M1.75M1.14M
Total Liabilities£1.96M2.42M1.77M
Employees188167166

RIGHT THERE financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for RIGHT THERE covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

RIGHT THERE reported net assets of £3.50M for 2023. That compares with £3.50M in 2022, a change of 0.17%.

RIGHT THERE reported total assets of £8.27M for 2023. That compares with £8.89M in 2022, a change of -6.93%.

RIGHT THERE reported cash in bank of £1.14M for 2023. That compares with £1.75M in 2022, a change of -34.64%.

RIGHT THERE reported 166 employees in 2023, compared with 167 in 2022.

Between 2021 and 2023, RIGHT THERE's net assets fell by 27.9%, cash in bank fell by 46.9%, total assets fell by 18.3% and total liabilities fell by 9.6%. Net assets contracted at 15.1% a year across the two years to 2023, from £4.86M to £3.50M. Reported headcount went from 188 in 2021 to 166 in 2023 (-22).

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.