1 ANSWER INSURANCE SERVICES LTD. Financials
- Company number
- 04201623Copy
Copy - Registered office
- Unit A1 Chaucer Business Park, Dittons Road, Polegate, East Sussex BN26 6QH
- Incorporated
- 19/04/2001
Company snapshot
- Status
- Active
- Employees
- 1 (2026)
- Latest financial data
- 2026
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2026.
Net Assets
-2.44%vs 20252025: £21.14K
Total Assets
-4.30%vs 20252025: £2.63M
Cash in Bank
-28.69%vs 20252025: £1.24M
Total Liabilities
-3.59%vs 20252025: £2.49M
Employees
0vs 20252025: 1
In 2026, 1 ANSWER INSURANCE SERVICES LTD. reported net assets of £20.63K. The same filing shows total assets of £2.51M, cash in bank of £881.83K and total liabilities of £2.41M. Reported headcount was 1 in 2026. Cash in Bank fell from £1.24M in 2025 to £881.83K in 2026 (-28.69%). Okredo holds filed figures for 2022–2026; 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
-2.44%from £21.14K in 2025Year-on-year change
Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures 1 ANSWER INSURANCE SERVICES LTD. filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
-91.4%vs 2024-70.7% a year compound (CAGR)
Cash in Bank
-31.6%vs 2024-17.3% a year compound (CAGR)
Total Assets
-9.7%vs 2024-5% a year compound (CAGR)
Total Liabilities
-1.5%vs 2024-0.7% a year compound (CAGR)
Employees
0%vs 2024Biggest decrease
Net Assets-91.4%
£241.00K in 2024 to £20.63K in 2026
Every measure that changed in 1 ANSWER INSURANCE SERVICES LTD.'s filings between 2024 and 2026 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from 1 ANSWER INSURANCE 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
- 0.82%2026
- Liabilities to total assets
- 95.70%2026
- Cash to liabilities
- 36.66%2026
- Cash to total assets
- 35.09%2026
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 1 ANSWER INSURANCE SERVICES LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Assets£ | 167.94K | 4.68K | 241.00K | 21.14K | 20.63K |
| Total Assets£ | 2.21M | 2.53M | 2.78M | 2.63M | 2.51M |
| Cash in Bank£ | 738.58K | 880.01K | 1.29M | 1.24M | 881.83K |
| Total Liabilities£ | 1.95M | 2.42M | 2.44M | 2.49M | 2.41M |
| Employees | 88 | 80 | 1 | 1 | 1 |
1 ANSWER INSURANCE SERVICES LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Has 1 ANSWER INSURANCE SERVICES LTD. filed financial statements?
Yes. Okredo holds filed figures for 1 ANSWER INSURANCE SERVICES LTD. covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.
What net assets did 1 ANSWER INSURANCE SERVICES LTD. report in 2026?
1 ANSWER INSURANCE SERVICES LTD. reported net assets of £20.63K for 2026. That compares with £21.14K in 2025, a change of -2.44%.
What total assets did 1 ANSWER INSURANCE SERVICES LTD. report in 2026?
1 ANSWER INSURANCE SERVICES LTD. reported total assets of £2.51M for 2026. That compares with £2.63M in 2025, a change of -4.30%.
What cash in bank did 1 ANSWER INSURANCE SERVICES LTD. report in 2026?
1 ANSWER INSURANCE SERVICES LTD. reported cash in bank of £881.83K for 2026. That compares with £1.24M in 2025, a change of -28.69%.
How many people does 1 ANSWER INSURANCE SERVICES LTD. employ?
1 ANSWER INSURANCE SERVICES LTD. reported 1 employee in 2026, compared with 1 in 2025.
How have 1 ANSWER INSURANCE SERVICES LTD. financials changed over the last 3 years?
Between 2024 and 2026, 1 ANSWER INSURANCE SERVICES LTD.'s net assets fell by 91.4%, cash in bank fell by 31.6%, total assets fell by 9.7% and total liabilities fell by 1.5%. Net assets contracted at 70.7% a year across the two years to 2026, from £241.00K to £20.63K. Reported headcount went from 1 in 2024 to 1 in 2026.
Which years of 1 ANSWER INSURANCE SERVICES LTD. financial data are available?
Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.