RIX PETROLEUM (SPALDING) LIMITED Financials
- Company number
- 10019605CopyCopy
- Registered office
- 2 Humber Quays, Wellington Street West, Hull HU1 2BN
- Incorporated
- 22/02/2016
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-31.75%vs 20232023: £400.20K
Total Assets
-13.15%vs 20232023: £1.59M
Total Liabilities
-6.89%vs 20232023: £1.19M
Employees
-1vs 20232023: 9
In 2024, RIX PETROLEUM (SPALDING) LIMITED reported net assets of £273.15K. The same filing shows total assets of £1.38M and total liabilities of £1.11M. Reported headcount was 8 in 2024. Total Assets fell from £1.59M in 2023 to £1.38M in 2024 (-13.15%). 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
-31.75%from £400.20K 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 RIX PETROLEUM (SPALDING) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-74.3%vs 2022-49.4% a year compound (CAGR)
Total Assets
-47.7%vs 2022-27.7% a year compound (CAGR)
Total Liabilities
-29.6%vs 2022-16.1% a year compound (CAGR)
Employees
-11.1%vs 2022-1Biggest decrease
Net Assets-74.3%
£1.06M in 2022 to £273.15K in 2024
Every indicator Okredo holds for RIX PETROLEUM (SPALDING) LIMITED fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RIX PETROLEUM (SPALDING) LIMITED'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
- 19.81%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
- 80.19%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for RIX PETROLEUM (SPALDING) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 525.83K | 1.06M | 400.20K | 273.15K |
| Total Assets£ | 1.93M | 2.63M | 1.59M | 1.38M |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 1.40M | 1.57M | 1.19M | 1.11M |
| Employees | 9 | 9 | 9 | 8 |
RIX PETROLEUM (SPALDING) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RIX PETROLEUM (SPALDING) LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
RIX PETROLEUM (SPALDING) LIMITED reported net assets of £273.15K for 2024. That compares with £400.20K in 2023, a change of -31.75%.
RIX PETROLEUM (SPALDING) LIMITED reported total assets of £1.38M for 2024. That compares with £1.59M in 2023, a change of -13.15%.
RIX PETROLEUM (SPALDING) LIMITED reported total liabilities of £1.11M for 2024. That compares with £1.19M in 2023, a change of -6.89%.
RIX PETROLEUM (SPALDING) LIMITED reported 8 employees in 2024, compared with 9 in 2023.
Between 2022 and 2024, RIX PETROLEUM (SPALDING) LIMITED's net assets fell by 74.3%, total assets fell by 47.7%, total liabilities fell by 29.6% and employee numbers fell by 11.1%. Net assets contracted at 49.4% a year across the two years to 2024, from £1.06M to £273.15K. Reported headcount went from 9 in 2022 to 8 in 2024 (-1).
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.