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RJ POWER NETWORKS LTD Financials

Company number
09825864Copy
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Registered office
Rochester House,Ackhurst Business Park, Foxhole Road, Chorley PR7 1NY
Incorporated
15/10/2015

Company snapshot

Status
Active
Employees
46 (2023)
Latest financial data
2023
Accounts type
Audit Exemption Subsidiary

Financial highlights

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

Net Assets

£1.36M2023
72.12%vs 2022

2022: £791.89K

Total Assets

£3.58M2022
10.44%vs 2021

2021: £3.25M

Cash in Bank

£385.38K2023
-27.36%vs 2022

2022: £530.55K

Total Liabilities

£2.79M2022
-1.62%vs 2021

2021: £2.84M

Employees

462023
+13vs 2022

2022: 33

In 2023, RJ POWER NETWORKS LTD reported net assets of £1.36M. The same filing shows total assets of £3.58M, cash in bank of £385.38K and total liabilities of £2.79M. Reported headcount was 46 in 2023. Net Assets rose from £791.89K in 2022 to £1.36M in 2023 (72.12%). 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

£1.36M2023
72.12%from £791.89K 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 RJ POWER NETWORKS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£407.27K2021£1.36M2023
+235%vs 2021

+82.9% a year compound (CAGR)

Cash in Bank

£441.79K2021£385.38K2023
-12.8%vs 2021

-6.6% a year compound (CAGR)

Employees

322021462023
+43.8%vs 2021+14

Biggest increase

Net Assets+235%

£407.27K in 2021 to £1.36M in 2023

Biggest decrease

Cash in Bank-12.8%

£441.79K in 2021 to £385.38K in 2023

RJ POWER NETWORKS LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from RJ POWER NETWORKS 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
22.09%2022
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
77.91%2022
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
19.00%2022
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
14.80%2022
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 RJ POWER NETWORKS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£407.27K791.89K1.36M
Total Assets£3.25M3.58M–
Cash in Bank£441.79K530.55K385.38K
Total Liabilities£2.84M2.79M–
Employees323346

RJ POWER NETWORKS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for RJ POWER NETWORKS LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

RJ POWER NETWORKS LTD reported net assets of £1.36M for 2023. That compares with £791.89K in 2022, a change of 72.12%.

RJ POWER NETWORKS LTD reported total assets of £3.58M for 2022. That compares with £3.25M in 2021, a change of 10.44%.

RJ POWER NETWORKS LTD reported cash in bank of £385.38K for 2023. That compares with £530.55K in 2022, a change of -27.36%.

RJ POWER NETWORKS LTD reported 46 employees in 2023, compared with 33 in 2022.

Between 2021 and 2023, RJ POWER NETWORKS LTD's net assets rose by 235%, cash in bank fell by 12.8% and employee numbers rose by 43.8%. Net assets compounded at 82.9% a year across the two years to 2023, from £407.27K to £1.36M. Reported headcount went from 32 in 2021 to 46 in 2023 (+14).

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.