FINANCIAL AND CREDIT INSURANCE SERVICES LIMITED Financials
- Company number
- 02494622Copy
Copy - Registered office
- 9th Floor 40 Leadenhall Street, London EC3A 2BJ
- Incorporated
- 20/04/1990
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
8.06%vs 20232023: £519.62K
Total Assets
-0.75%vs 20232023: £632.26K
Cash in Bank
-7.83%vs 20232023: £542.60K
Total Liabilities
-41.39%vs 20232023: £112.64K
Employees
0vs 20232023: 7
In 2024, FINANCIAL AND CREDIT INSURANCE SERVICES LIMITED reported net assets of £561.52K. The same filing shows total assets of £627.53K, cash in bank of £500.13K and total liabilities of £66.01K. Reported headcount was 7 in 2024. Total Liabilities fell from £112.64K in 2023 to £66.01K in 2024 (-41.39%). 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
8.06%from £519.62K 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 FINANCIAL AND CREDIT INSURANCE SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+39%vs 2022+17.9% a year compound (CAGR)
Cash in Bank
+17.1%vs 2022+8.2% a year compound (CAGR)
Total Assets
+19.1%vs 2022+9.1% a year compound (CAGR)
Total Liabilities
-46.3%vs 2022-26.7% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+39%
£404.06K in 2022 to £561.52K in 2024
Biggest decrease
Total Liabilities-46.3%
£122.95K in 2022 to £66.01K in 2024
FINANCIAL AND CREDIT INSURANCE SERVICES 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 FINANCIAL AND CREDIT 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
- 89.48%2024
- Liabilities to total assets
- 10.52%2024
- Cash to liabilities
- 757.64%2024
- Cash to total assets
- 79.70%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 FINANCIAL AND CREDIT INSURANCE SERVICES 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£ | 252.89K | 404.06K | 519.62K | 561.52K |
| Total Assets£ | 376.90K | 527.00K | 632.26K | 627.53K |
| Cash in Bank£ | 249.61K | 427.08K | 542.60K | 500.13K |
| Total Liabilities£ | 124.01K | 122.95K | 112.64K | 66.01K |
| Employees | 7 | 7 | 7 | 7 |
FINANCIAL AND CREDIT INSURANCE SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has FINANCIAL AND CREDIT INSURANCE SERVICES LIMITED filed financial statements?
Yes. Okredo holds filed figures for FINANCIAL AND CREDIT INSURANCE SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did FINANCIAL AND CREDIT INSURANCE SERVICES LIMITED report in 2024?
FINANCIAL AND CREDIT INSURANCE SERVICES LIMITED reported net assets of £561.52K for 2024. That compares with £519.62K in 2023, a change of 8.06%.
What total assets did FINANCIAL AND CREDIT INSURANCE SERVICES LIMITED report in 2024?
FINANCIAL AND CREDIT INSURANCE SERVICES LIMITED reported total assets of £627.53K for 2024. That compares with £632.26K in 2023, a change of -0.75%.
What cash in bank did FINANCIAL AND CREDIT INSURANCE SERVICES LIMITED report in 2024?
FINANCIAL AND CREDIT INSURANCE SERVICES LIMITED reported cash in bank of £500.13K for 2024. That compares with £542.60K in 2023, a change of -7.83%.
How many people does FINANCIAL AND CREDIT INSURANCE SERVICES LIMITED employ?
FINANCIAL AND CREDIT INSURANCE SERVICES LIMITED reported 7 employees in 2024, compared with 7 in 2023.
How have FINANCIAL AND CREDIT INSURANCE SERVICES LIMITED financials changed over the last 3 years?
Between 2022 and 2024, FINANCIAL AND CREDIT INSURANCE SERVICES LIMITED's net assets rose by 39%, cash in bank rose by 17.1%, total assets rose by 19.1% and total liabilities fell by 46.3%. Net assets compounded at 17.9% a year across the two years to 2024, from £404.06K to £561.52K. Reported headcount went from 7 in 2022 to 7 in 2024.
Which years of FINANCIAL AND CREDIT INSURANCE SERVICES 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.