RITE CONTRACTOR SERVICES LTD Financials
- Company number
- 13603485CopyCopy
- Registered office
- East Durham Business Centre Ltd, Station Town, Wingate TS28 5HD
- Incorporated
- 06/09/2021
Company snapshot
- Status
- Active
- Employees
- 52 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
15.07K%vs 20242024: £-262.00
Total Assets
-50.46%vs 20242024: £1.40M
Cash in Bank
-22.58%vs 20242024: £897.61K
Total Liabilities
-53.27%vs 20242024: £1.40M
Employees
0vs 20242024: 52
In 2025, RITE CONTRACTOR SERVICES LTD reported net assets of £39.21K. The same filing shows total assets of £694.93K, cash in bank of £694.93K and total liabilities of £655.72K. Reported headcount was 52 in 2025. Total Liabilities fell from £1.40M in 2024 to £655.72K in 2025 (-53.27%). Okredo holds filed figures for 2022–2025; 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
15.07K%from £-262.00 in 2024Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures RITE CONTRACTOR SERVICES LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Increasedvs 2023Cash in Bank
+89917%vs 2023+2900% a year compound (CAGR)
Total Assets
+10308%vs 2023+920% a year compound (CAGR)
Total Liabilities
+6337%vs 2023+702% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Cash in Bank+89917%
£772.00 in 2023 to £694.93K in 2025
Every measure that changed in RITE CONTRACTOR SERVICES LTD's filings between 2023 and 2025 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RITE CONTRACTOR SERVICES 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
- 5.64%2025
- 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
- 94.36%2025
- 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
- 105.98%2025
- 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
- 100.00%2025
- 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 RITE CONTRACTOR SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | -40.00 | -3.51K | -262.00 | 39.21K |
| Total Assets£ | 30.53K | 6.68K | 1.40M | 694.93K |
| Cash in Bank£ | 1.87K | 772.00 | 897.61K | 694.93K |
| Total Liabilities£ | 30.57K | 10.19K | 1.40M | 655.72K |
| Employees | 52 | 52 | 52 | 52 |
RITE CONTRACTOR SERVICES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RITE CONTRACTOR SERVICES LTD covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
RITE CONTRACTOR SERVICES LTD reported net assets of £39.21K for 2025. That compares with £-262.00 in 2024, a change of 15.07K%.
RITE CONTRACTOR SERVICES LTD reported total assets of £694.93K for 2025. That compares with £1.40M in 2024, a change of -50.46%.
RITE CONTRACTOR SERVICES LTD reported cash in bank of £694.93K for 2025. That compares with £897.61K in 2024, a change of -22.58%.
RITE CONTRACTOR SERVICES LTD reported 52 employees in 2025, compared with 52 in 2024.
Between 2023 and 2025, RITE CONTRACTOR SERVICES LTD's cash in bank rose by 89917%, total assets rose by 10308%, total liabilities rose by 6337% and employee numbers was unchanged. Cash in bank compounded at 2900% a year across the two years to 2025, from £772.00 to £694.93K. Reported headcount went from 52 in 2023 to 52 in 2025.
Okredo holds reported figures for the years 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.