RUSSELL BARS LTD Financials
- Company number
- 07796696Copy
Copy - Registered office
- The Anvil, 15 Holdenhurst Road, Bournemouth, Dorset BH8 8EH
- Incorporated
- 04/10/2011
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-25.50K%vs 20232023: £100.00
Total Assets
69.08%vs 20232023: £19.69K
Cash in Bank
-91.13%vs 20222022: £44.43K
Total Liabilities
248.73%vs 20232023: £16.83K
Employees
+1vs 20232023: 7
In 2024, RUSSELL BARS LTD reported net assets of £-25.40K. The same filing shows total assets of £33.29K, cash in bank of £3.94K and total liabilities of £58.69K. Reported headcount was 8 in 2024. Total Liabilities rose from £16.83K in 2023 to £58.69K in 2024 (248.73%). 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
-25.50K%from £100.00 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 RUSSELL BARS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-112%vs 2022Total Assets
-89.2%vs 2022-67.1% a year compound (CAGR)
Total Liabilities
-30.3%vs 2022-16.5% a year compound (CAGR)
Employees
+14.3%vs 2022+1Biggest increase
Employees+14.3%
7 in 2022 to 8 in 2024
Biggest decrease
Net Assets-112%
£219.25K in 2022 to £-25.40K in 2024
RUSSELL BARS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RUSSELL BARS 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
- -76.32%2024
- Liabilities to total assets
- 176.32%2024
- Cash to liabilities
- 23.40%2023
- Cash to total assets
- 20.01%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 RUSSELL BARS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 172.62K | 219.25K | 100.00 | -25.40K |
| Total Assets£ | 306.60K | 308.00K | 19.69K | 33.29K |
| Cash in Bank£ | 49.17K | 44.43K | 3.94K | – |
| Total Liabilities£ | 127.87K | 84.18K | 16.83K | 58.69K |
| Employees | 7 | 7 | 7 | 8 |
RUSSELL BARS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has RUSSELL BARS LTD filed financial statements?
Yes. Okredo holds filed figures for RUSSELL BARS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did RUSSELL BARS LTD report in 2024?
RUSSELL BARS LTD reported net assets of £-25.40K for 2024. That compares with £100.00 in 2023, a change of -25.50K%.
What total assets did RUSSELL BARS LTD report in 2024?
RUSSELL BARS LTD reported total assets of £33.29K for 2024. That compares with £19.69K in 2023, a change of 69.08%.
What cash in bank did RUSSELL BARS LTD report in 2023?
RUSSELL BARS LTD reported cash in bank of £3.94K for 2023. That compares with £44.43K in 2022, a change of -91.13%.
How many people does RUSSELL BARS LTD employ?
RUSSELL BARS LTD reported 8 employees in 2024, compared with 7 in 2023.
How have RUSSELL BARS LTD financials changed over the last 3 years?
Between 2022 and 2024, RUSSELL BARS LTD's net assets fell by 112%, total assets fell by 89.2%, total liabilities fell by 30.3% and employee numbers rose by 14.3%. Total assets contracted at 67.1% a year across the two years to 2024, from £308.00K to £33.29K. Reported headcount went from 7 in 2022 to 8 in 2024 (+1).
Which years of RUSSELL BARS LTD financial data are available?
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.