ELEVATE INSURANCE BROKERS LIMITED Financials
- Company number
- 11949987Copy
Copy - Registered office
- Elmwood House Ghyll Royd, Guiseley, Leeds LS20 9LT
- Incorporated
- 16/04/2019
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
12.85%vs 20232023: £255.20K
Total Assets
6.32%vs 20232023: £313.55K
Cash in Bank
-13.54%vs 20232023: £287.89K
Total Liabilities
-28.87%vs 20232023: £51.25K
Employees
+1vs 20232023: 7
In 2024, ELEVATE INSURANCE BROKERS LIMITED reported net assets of £287.99K. The same filing shows total assets of £333.37K, cash in bank of £248.91K and total liabilities of £36.45K. Reported headcount was 8 in 2024. Cash in Bank fell from £287.89K in 2023 to £248.91K in 2024 (-13.54%). 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
12.85%from £255.20K 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 ELEVATE INSURANCE BROKERS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+121%vs 2022+48.7% a year compound (CAGR)
Cash in Bank
+56%vs 2022+24.9% a year compound (CAGR)
Total Assets
+82.7%vs 2022+35.2% a year compound (CAGR)
Total Liabilities
-18%vs 2022-9.4% a year compound (CAGR)
Employees
+33.3%vs 2022+2Biggest increase
Net Assets+121%
£130.30K in 2022 to £287.99K in 2024
Biggest decrease
Total Liabilities-18%
£44.45K in 2022 to £36.45K in 2024
ELEVATE INSURANCE BROKERS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ELEVATE INSURANCE BROKERS 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
- 86.39%2024
- Liabilities to total assets
- 10.93%2024
- Cash to liabilities
- 682.83%2024
- Cash to total assets
- 74.66%2024
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 ELEVATE INSURANCE BROKERS 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£ | 45.05K | 130.30K | 255.20K | 287.99K |
| Total Assets£ | 65.59K | 182.48K | 313.55K | 333.37K |
| Cash in Bank£ | 64.83K | 159.57K | 287.89K | 248.91K |
| Total Liabilities£ | 20.54K | 44.45K | 51.25K | 36.45K |
| Employees | 4 | 6 | 7 | 8 |
ELEVATE INSURANCE BROKERS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has ELEVATE INSURANCE BROKERS LIMITED filed financial statements?
Yes. Okredo holds filed figures for ELEVATE INSURANCE BROKERS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did ELEVATE INSURANCE BROKERS LIMITED report in 2024?
ELEVATE INSURANCE BROKERS LIMITED reported net assets of £287.99K for 2024. That compares with £255.20K in 2023, a change of 12.85%.
What total assets did ELEVATE INSURANCE BROKERS LIMITED report in 2024?
ELEVATE INSURANCE BROKERS LIMITED reported total assets of £333.37K for 2024. That compares with £313.55K in 2023, a change of 6.32%.
What cash in bank did ELEVATE INSURANCE BROKERS LIMITED report in 2024?
ELEVATE INSURANCE BROKERS LIMITED reported cash in bank of £248.91K for 2024. That compares with £287.89K in 2023, a change of -13.54%.
How many people does ELEVATE INSURANCE BROKERS LIMITED employ?
ELEVATE INSURANCE BROKERS LIMITED reported 8 employees in 2024, compared with 7 in 2023.
How have ELEVATE INSURANCE BROKERS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, ELEVATE INSURANCE BROKERS LIMITED's net assets rose by 121%, cash in bank rose by 56%, total assets rose by 82.7% and total liabilities fell by 18%. Net assets compounded at 48.7% a year across the two years to 2024, from £130.30K to £287.99K. Reported headcount went from 6 in 2022 to 8 in 2024 (+2).
Which years of ELEVATE INSURANCE BROKERS 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.