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FACET UNDERWRITING LIMITED Financials

Company number
09125637Copy
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Registered office
Calder & Co, 30 Orange Street, London WC2H 7HF
Incorporated
10/07/2014

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£100.54K2024
15.90%vs 2023

2023: £86.75K

Total Assets

£194.03K2024
28.87%vs 2023

2023: £150.56K

Cash in Bank

£40.34K2024
50.69%vs 2023

2023: £26.77K

Total Liabilities

£93.48K2024
46.58%vs 2023

2023: £63.78K

Employees

32024
0vs 2023

2023: 3

In 2024, FACET UNDERWRITING LIMITED reported net assets of £100.54K. The same filing shows total assets of £194.03K, cash in bank of £40.34K and total liabilities of £93.48K. Reported headcount was 3 in 2024. Total Assets rose from £150.56K in 2023 to £194.03K in 2024 (28.87%). 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

£100.54K2024
15.90%from £86.75K in 2023

Year-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 FACET UNDERWRITING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£64.37K2022£100.54K2024
+56.2%vs 2022

+25% a year compound (CAGR)

Cash in Bank

£11.39K2022£40.34K2024
+254%vs 2022

+88.2% a year compound (CAGR)

Total Assets

£82.52K2022£194.03K2024
+135%vs 2022

+53.3% a year compound (CAGR)

Total Liabilities

£17.41K2022£93.48K2024
+437%vs 2022

+132% a year compound (CAGR)

Employees

3202232024
0%vs 2022

Biggest increase

Total Liabilities+437%

£17.41K in 2022 to £93.48K in 2024

Every measure that changed in FACET UNDERWRITING LIMITED's filings between 2022 and 2024 rose. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank and total assets climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from FACET UNDERWRITING 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
51.82%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.

Liabilities to total assets
48.18%2024

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.

Cash to liabilities
43.16%2024

Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.

Cash to total assets
20.79%2024

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 FACET UNDERWRITING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£54.94K64.37K86.75K100.54K
Total Assets£89.94K82.52K150.56K194.03K
Cash in Bank£17.19K11.39K26.77K40.34K
Total Liabilities£33.52K17.41K63.78K93.48K
Employees4333

FACET UNDERWRITING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has FACET UNDERWRITING LIMITED filed financial statements?

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Yes. Okredo holds filed figures for FACET UNDERWRITING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did FACET UNDERWRITING LIMITED report in 2024?

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FACET UNDERWRITING LIMITED reported net assets of £100.54K for 2024. That compares with £86.75K in 2023, a change of 15.90%.

What total assets did FACET UNDERWRITING LIMITED report in 2024?

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FACET UNDERWRITING LIMITED reported total assets of £194.03K for 2024. That compares with £150.56K in 2023, a change of 28.87%.

What cash in bank did FACET UNDERWRITING LIMITED report in 2024?

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FACET UNDERWRITING LIMITED reported cash in bank of £40.34K for 2024. That compares with £26.77K in 2023, a change of 50.69%.

How many people does FACET UNDERWRITING LIMITED employ?

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FACET UNDERWRITING LIMITED reported 3 employees in 2024, compared with 3 in 2023.

How have FACET UNDERWRITING LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, FACET UNDERWRITING LIMITED's net assets rose by 56.2%, cash in bank rose by 254%, total assets rose by 135% and total liabilities rose by 437%. Net assets compounded at 25% a year across the two years to 2024, from £64.37K to £100.54K. Reported headcount went from 3 in 2022 to 3 in 2024.

Which years of FACET UNDERWRITING LIMITED financial data are available?

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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.