ALLIANCE MEDICAL INDEMNITY LIMITED Financials
- Company number
- 07655729Copy
Copy - Registered office
- 54 Hagley Road, Birmingham B16 8PE
- Incorporated
- 02/06/2011
Company snapshot
- Status
- Active
- Employees
- 15 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-28.30%vs 20232023: £548.92K
Total Assets
3.39%vs 20232023: £2.33M
Cash in Bank
64.82%vs 20232023: £1.15M
Total Liabilities
13.18%vs 20232023: £1.78M
Employees
+1vs 20232023: 14
In 2024, ALLIANCE MEDICAL INDEMNITY LIMITED reported net assets of £393.59K. The same filing shows total assets of £2.41M, cash in bank of £1.90M and total liabilities of £2.01M. Reported headcount was 15 in 2024. Cash in Bank rose from £1.15M in 2023 to £1.90M in 2024 (64.82%). 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
-28.30%from £548.92K 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 ALLIANCE MEDICAL INDEMNITY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-31.7%vs 2022-17.3% a year compound (CAGR)
Cash in Bank
+71%vs 2022+30.8% a year compound (CAGR)
Total Assets
+114%vs 2022+46.4% a year compound (CAGR)
Total Liabilities
+269%vs 2022+92.1% a year compound (CAGR)
Employees
+66.7%vs 2022+6Biggest increase
Total Liabilities+269%
£545.78K in 2022 to £2.01M in 2024
Biggest decrease
Net Assets-31.7%
£575.86K in 2022 to £393.59K in 2024
ALLIANCE MEDICAL INDEMNITY LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 ALLIANCE MEDICAL INDEMNITY 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
- 16.35%2024
- Liabilities to total assets
- 83.64%2024
- Cash to liabilities
- 94.30%2024
- Cash to total assets
- 78.88%2024
- Revenue per employee
- £706.42K2024
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.
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 ALLIANCE MEDICAL INDEMNITY 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£ | 576.47K | 575.86K | 548.92K | 393.59K |
| Total Assets£ | 902.76K | 1.12M | 2.33M | 2.41M |
| Cash in Bank£ | 880.35K | 1.11M | 1.15M | 1.90M |
| Total Liabilities£ | 323.11K | 545.78K | 1.78M | 2.01M |
| Employees | 7 | 9 | 14 | 15 |
ALLIANCE MEDICAL INDEMNITY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has ALLIANCE MEDICAL INDEMNITY LIMITED filed financial statements?
Yes. Okredo holds filed figures for ALLIANCE MEDICAL INDEMNITY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did ALLIANCE MEDICAL INDEMNITY LIMITED report in 2024?
ALLIANCE MEDICAL INDEMNITY LIMITED reported net assets of £393.59K for 2024. That compares with £548.92K in 2023, a change of -28.30%.
What total assets did ALLIANCE MEDICAL INDEMNITY LIMITED report in 2024?
ALLIANCE MEDICAL INDEMNITY LIMITED reported total assets of £2.41M for 2024. That compares with £2.33M in 2023, a change of 3.39%.
What cash in bank did ALLIANCE MEDICAL INDEMNITY LIMITED report in 2024?
ALLIANCE MEDICAL INDEMNITY LIMITED reported cash in bank of £1.90M for 2024. That compares with £1.15M in 2023, a change of 64.82%.
How many people does ALLIANCE MEDICAL INDEMNITY LIMITED employ?
ALLIANCE MEDICAL INDEMNITY LIMITED reported 15 employees in 2024, compared with 14 in 2023.
How have ALLIANCE MEDICAL INDEMNITY LIMITED financials changed over the last 3 years?
Between 2022 and 2024, ALLIANCE MEDICAL INDEMNITY LIMITED's net assets fell by 31.7%, cash in bank rose by 71%, total assets rose by 114% and total liabilities rose by 269%. Net assets contracted at 17.3% a year across the two years to 2024, from £575.86K to £393.59K. Reported headcount went from 9 in 2022 to 15 in 2024 (+6).
Which years of ALLIANCE MEDICAL INDEMNITY LIMITED 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.