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ARTEX ILS SERVICES UK LTD Financials

Company number
10995484Copy
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Registered office
1st Floor 8 Bridle Close, Kingston Upon Thames KT1 2JW
Incorporated
04/10/2017

Company snapshot

Status
Active
Employees
7 (2023)
Latest financial data
2023
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£2.01M2023
-20.63%vs 2022

2022: £2.54M

Total Assets

£1.25M2023
68.80%vs 2022

2022: £742.98K

Total Liabilities

£-760.72K2023
57.63%vs 2022

2022: £-1.80M

Employees

72023
-1vs 2022

2022: 8

In 2023, ARTEX ILS SERVICES UK LTD reported net assets of £2.01M. The same filing shows total assets of £1.25M and total liabilities of £-760.72K. Reported headcount was 7 in 2023. Total Liabilities rose from £-1.80M in 2022 to £-760.72K in 2023 (57.63%). 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

£2.01M2023
-20.63%from £2.54M 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 ARTEX ILS SERVICES UK LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£1.87M2021£2.01M2023
+8%vs 2021

+3.9% a year compound (CAGR)

Total Assets

£416.94K2021£1.25M2023
+201%vs 2021

+73.4% a year compound (CAGR)

Total Liabilities

£-1.45M2021£-760.72K2023
Increasedvs 2021

Employees

8202172023
-12.5%vs 2021-1

Biggest increase

Total Assets+201%

£416.94K in 2021 to £1.25M in 2023

Biggest decrease

Employees-12.5%

8 in 2021 to 7 in 2023

ARTEX ILS SERVICES UK LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from ARTEX ILS SERVICES UK 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
160.65%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
-60.65%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for ARTEX ILS SERVICES UK LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£1.87M2.54M2.01M
Total Assets£416.94K742.98K1.25M
Cash in Bank£–––
Total Liabilities£-1.45M-1.80M-760.72K
Employees887

ARTEX ILS SERVICES UK LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has ARTEX ILS SERVICES UK LTD filed financial statements?

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Yes. Okredo holds filed figures for ARTEX ILS SERVICES UK LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.

What net assets did ARTEX ILS SERVICES UK LTD report in 2023?

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ARTEX ILS SERVICES UK LTD reported net assets of £2.01M for 2023. That compares with £2.54M in 2022, a change of -20.63%.

What total assets did ARTEX ILS SERVICES UK LTD report in 2023?

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ARTEX ILS SERVICES UK LTD reported total assets of £1.25M for 2023. That compares with £742.98K in 2022, a change of 68.80%.

What total liabilities did ARTEX ILS SERVICES UK LTD report in 2023?

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ARTEX ILS SERVICES UK LTD reported total liabilities of £-760.72K for 2023. That compares with £-1.80M in 2022, a change of 57.63%.

How many people does ARTEX ILS SERVICES UK LTD employ?

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ARTEX ILS SERVICES UK LTD reported 7 employees in 2023, compared with 8 in 2022.

How have ARTEX ILS SERVICES UK LTD financials changed over the last 3 years?

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Between 2021 and 2023, ARTEX ILS SERVICES UK LTD's net assets rose by 8%, total assets rose by 201% and employee numbers fell by 12.5%. Net assets compounded at 3.9% a year across the two years to 2023, from £1.87M to £2.01M. Reported headcount went from 8 in 2021 to 7 in 2023 (-1).

Which years of ARTEX ILS SERVICES UK LTD financial data are available?

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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.