RIPPLE MARKETS UK LTD Financials
- Company number
- 10145333CopyCopy
- Registered office
- C/O Csc Cls (Uk) Limited 5 Churchill Place, 10th Floor, London E14 5HU
- Incorporated
- 25/04/2016
Company snapshot
- Status
- Active
- Employees
- 97 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
300.25%vs 20222022: £7.25M
Total Assets
188.79%vs 20222022: £16.67M
Cash in Bank
-62.24%vs 20222022: £4.95M
Total Liabilities
103.08%vs 20222022: £9.42M
Employees
+26vs 20222022: 71
In 2023, RIPPLE MARKETS UK LTD reported net assets of £29.00M. The same filing shows total assets of £48.13M, cash in bank of £1.87M and total liabilities of £19.14M. Reported headcount was 97 in 2023. Total Assets rose from £16.67M in 2022 to £48.13M in 2023 (188.79%). 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
300.25%from £7.25M 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 RIPPLE MARKETS UK LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+568%vs 2021+158% a year compound (CAGR)
Cash in Bank
+164%vs 2021+62.6% a year compound (CAGR)
Employees
+98%vs 2021+48Biggest increase
Net Assets+568%
£4.34M in 2021 to £29.00M in 2023
Every indicator Okredo holds for RIPPLE MARKETS UK LTD rose between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RIPPLE MARKETS UK 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
- 60.25%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
- 39.75%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
- 9.77%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
- 3.89%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 RIPPLE MARKETS UK LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 4.34M | 7.25M | 29.00M |
| Total Assets£ | – | 16.67M | 48.13M |
| Cash in Bank£ | 707.72K | 4.95M | 1.87M |
| Total Liabilities£ | – | 9.42M | 19.14M |
| Employees | 49 | 71 | 97 |
RIPPLE MARKETS UK LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RIPPLE MARKETS UK LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
RIPPLE MARKETS UK LTD reported net assets of £29.00M for 2023. That compares with £7.25M in 2022, a change of 300.25%.
RIPPLE MARKETS UK LTD reported total assets of £48.13M for 2023. That compares with £16.67M in 2022, a change of 188.79%.
RIPPLE MARKETS UK LTD reported cash in bank of £1.87M for 2023. That compares with £4.95M in 2022, a change of -62.24%.
RIPPLE MARKETS UK LTD reported 97 employees in 2023, compared with 71 in 2022.
Between 2021 and 2023, RIPPLE MARKETS UK LTD's net assets rose by 568%, cash in bank rose by 164% and employee numbers rose by 98%. Net assets compounded at 158% a year across the two years to 2023, from £4.34M to £29.00M. Reported headcount went from 49 in 2021 to 97 in 2023 (+48).
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.