CYSTAR INSURANCE SERVICES LIMITED Financials
- Company number
- 05118839Copy
Copy - Registered office
- Amt Auto, 4 Bingley Street, Leeds LS3 1LX
- Incorporated
- 04/05/2004
Company snapshot
- Status
- Active
- Employees
- 9 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-73.09%vs 20222022: £84.40K
Total Assets
-21.40%vs 20222022: £98.75K
Cash in Bank
-74.16%vs 20222022: £40.07K
Total Liabilities
282.65%vs 20222022: £14.35K
Employees
+4vs 20222022: 5
In 2023, CYSTAR INSURANCE SERVICES LIMITED reported net assets of £22.71K. The same filing shows total assets of £77.62K, cash in bank of £10.35K and total liabilities of £54.91K. Reported headcount was 9 in 2023. Net Assets fell from £84.40K in 2022 to £22.71K in 2023 (-73.09%). 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
-73.09%from £84.40K 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 CYSTAR INSURANCE SERVICES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-71.5%vs 2021-46.6% a year compound (CAGR)
Cash in Bank
-66.1%vs 2021-41.8% a year compound (CAGR)
Total Assets
-19.4%vs 2021-10.2% a year compound (CAGR)
Total Liabilities
+230%vs 2021+81.7% a year compound (CAGR)
Employees
+50%vs 2021+3Biggest increase
Total Liabilities+230%
£16.63K in 2021 to £54.91K in 2023
Biggest decrease
Net Assets-71.5%
£79.69K in 2021 to £22.71K in 2023
CYSTAR INSURANCE SERVICES LIMITED's filings pull in both directions between 2021 and 2023. 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 CYSTAR INSURANCE SERVICES 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
- 29.26%2023
- Liabilities to total assets
- 70.74%2023
- Cash to liabilities
- 18.85%2023
- Cash to total assets
- 13.34%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 CYSTAR INSURANCE SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 79.69K | 84.40K | 22.71K |
| Total Assets£ | 96.32K | 98.75K | 77.62K |
| Cash in Bank£ | 30.56K | 40.07K | 10.35K |
| Total Liabilities£ | 16.63K | 14.35K | 54.91K |
| Employees | 6 | 5 | 9 |
CYSTAR INSURANCE SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has CYSTAR INSURANCE SERVICES LIMITED filed financial statements?
Yes. Okredo holds filed figures for CYSTAR INSURANCE SERVICES LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did CYSTAR INSURANCE SERVICES LIMITED report in 2023?
CYSTAR INSURANCE SERVICES LIMITED reported net assets of £22.71K for 2023. That compares with £84.40K in 2022, a change of -73.09%.
What total assets did CYSTAR INSURANCE SERVICES LIMITED report in 2023?
CYSTAR INSURANCE SERVICES LIMITED reported total assets of £77.62K for 2023. That compares with £98.75K in 2022, a change of -21.40%.
What cash in bank did CYSTAR INSURANCE SERVICES LIMITED report in 2023?
CYSTAR INSURANCE SERVICES LIMITED reported cash in bank of £10.35K for 2023. That compares with £40.07K in 2022, a change of -74.16%.
How many people does CYSTAR INSURANCE SERVICES LIMITED employ?
CYSTAR INSURANCE SERVICES LIMITED reported 9 employees in 2023, compared with 5 in 2022.
How have CYSTAR INSURANCE SERVICES LIMITED financials changed over the last 3 years?
Between 2021 and 2023, CYSTAR INSURANCE SERVICES LIMITED's net assets fell by 71.5%, cash in bank fell by 66.1%, total assets fell by 19.4% and total liabilities rose by 230%. Net assets contracted at 46.6% a year across the two years to 2023, from £79.69K to £22.71K. Reported headcount went from 6 in 2021 to 9 in 2023 (+3).
Which years of CYSTAR INSURANCE SERVICES LIMITED financial data are available?
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.