RK BRANDS LTD Financials
- Company number
- 11272653CopyCopy
- Registered office
- Unit 2 Velocity Way, Redditch B98 7FX
- Incorporated
- 23/03/2018
Company snapshot
- Status
- Active
- Employees
- 54 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
23.39%vs 20222022: £3.79M
Total Assets
52.49%vs 20222022: £8.38M
Cash in Bank
61.30%vs 20222022: £3.80M
Total Liabilities
53.56%vs 20222022: £4.34M
Employees
+21vs 20222022: 33
In 2023, RK BRANDS LTD reported net assets of £4.68M. The same filing shows total assets of £12.77M, cash in bank of £6.13M and total liabilities of £6.67M. Reported headcount was 54 in 2023. Total Assets rose from £8.38M in 2022 to £12.77M in 2023 (52.49%). 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
23.39%from £3.79M 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 RK BRANDS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+220%vs 2021+78.9% a year compound (CAGR)
Cash in Bank
+267%vs 2021+91.7% a year compound (CAGR)
Total Assets
+221%vs 2021+79.1% a year compound (CAGR)
Total Liabilities
+170%vs 2021+64.4% a year compound (CAGR)
Employees
+315%vs 2021+41Biggest increase
Employees+315%
13 in 2021 to 54 in 2023
Every indicator Okredo holds for RK BRANDS LTD rose between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, with net assets, cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RK BRANDS 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
- 36.61%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
- 52.22%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
- 91.97%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
- 48.02%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £438.49K2023
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for RK BRANDS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.46M | 3.79M | 4.68M |
| Total Assets£ | 3.98M | 8.38M | 12.77M |
| Cash in Bank£ | 1.67M | 3.80M | 6.13M |
| Total Liabilities£ | 2.47M | 4.34M | 6.67M |
| Employees | 13 | 33 | 54 |
RK BRANDS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RK BRANDS LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
RK BRANDS LTD reported net assets of £4.68M for 2023. That compares with £3.79M in 2022, a change of 23.39%.
RK BRANDS LTD reported total assets of £12.77M for 2023. That compares with £8.38M in 2022, a change of 52.49%.
RK BRANDS LTD reported cash in bank of £6.13M for 2023. That compares with £3.80M in 2022, a change of 61.30%.
RK BRANDS LTD reported 54 employees in 2023, compared with 33 in 2022.
Between 2021 and 2023, RK BRANDS LTD's net assets rose by 220%, cash in bank rose by 267%, total assets rose by 221% and total liabilities rose by 170%. Net assets compounded at 78.9% a year across the two years to 2023, from £1.46M to £4.68M. Reported headcount went from 13 in 2021 to 54 in 2023 (+41).
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.