RIGHTBOAT LTD Financials
- Company number
- 05926560CopyCopy
- Registered office
- Deacons House Bridge Road, Bursledon, Southampton SO31 8AZ
- Incorporated
- 06/09/2006
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-67.68%vs 20232023: £-744.47K
Total Assets
-38.76%vs 20232023: £402.22K
Cash in Bank
41.71%vs 20232023: £71.22K
Total Liabilities
30.53%vs 20232023: £1.14M
Employees
+2vs 20232023: 4
In 2024, RIGHTBOAT LTD reported net assets of £-1.25M. The same filing shows total assets of £246.30K, cash in bank of £100.92K and total liabilities of £1.49M. Reported headcount was 6 in 2024. Net Assets fell from £-744.47K in 2023 to £-1.25M in 2024 (-67.68%). 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
-67.68%from £-744.47K 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 RIGHTBOAT LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
+140%vs 2022+55% a year compound (CAGR)
Total Assets
-42.2%vs 2022-24% a year compound (CAGR)
Total Liabilities
+33.6%vs 2022+15.6% a year compound (CAGR)
Employees
+100%vs 2022+3Biggest increase
Cash in Bank+140%
£42.02K in 2022 to £100.92K in 2024
Biggest decrease
Total Assets-42.2%
£426.28K in 2022 to £246.30K in 2024
RIGHTBOAT LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RIGHTBOAT 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
- -506.83%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.
- Liabilities to total assets
- 604.93%2024
- 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
- 6.77%2024
- 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
- 40.97%2024
- 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 RIGHTBOAT 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£ | -927.83K | -690.48K | -744.47K | -1.25M |
| Total Assets£ | 745.00 | 426.28K | 402.22K | 246.30K |
| Cash in Bank£ | 30.20K | 42.02K | 71.22K | 100.92K |
| Total Liabilities£ | – | 1.12M | 1.14M | 1.49M |
| Employees | 3 | 3 | 4 | 6 |
RIGHTBOAT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RIGHTBOAT LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
RIGHTBOAT LTD reported net assets of £-1.25M for 2024. That compares with £-744.47K in 2023, a change of -67.68%.
RIGHTBOAT LTD reported total assets of £246.30K for 2024. That compares with £402.22K in 2023, a change of -38.76%.
RIGHTBOAT LTD reported cash in bank of £100.92K for 2024. That compares with £71.22K in 2023, a change of 41.71%.
RIGHTBOAT LTD reported 6 employees in 2024, compared with 4 in 2023.
Between 2022 and 2024, RIGHTBOAT LTD's cash in bank rose by 140%, total assets fell by 42.2%, total liabilities rose by 33.6% and employee numbers rose by 100%. Cash in bank compounded at 55% a year across the two years to 2024, from £42.02K to £100.92K. Reported headcount went from 3 in 2022 to 6 in 2024 (+3).
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.