GARRATTS INSURANCE BROKERS LIMITED Financials
- Company number
- 04384194Copy
Copy - Registered office
- 7th Floor, Corn Exchange, 55 Mark Lane, London EC3R 7NE
- Incorporated
- 28/02/2002
Company snapshot
- Status
- Active
- Employees
- 6 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
30.10%vs 20222022: £61.42K
Total Assets
14.80%vs 20222022: £280.43K
Cash in Bank
2.92%vs 20222022: £170.35K
Total Liabilities
11.36%vs 20222022: £213.64K
Employees
0vs 20222022: 6
In 2023, GARRATTS INSURANCE BROKERS LIMITED reported net assets of £79.91K. The same filing shows total assets of £321.93K, cash in bank of £175.32K and total liabilities of £237.90K. Reported headcount was 6 in 2023. Total Assets rose from £280.43K in 2022 to £321.93K in 2023 (14.80%). 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
30.10%from £61.42K 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 GARRATTS INSURANCE BROKERS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+45.4%vs 2021+20.6% a year compound (CAGR)
Cash in Bank
-6.8%vs 2021-3.4% a year compound (CAGR)
Total Assets
-<0.1%vs 2021-<0.1% a year compound (CAGR)
Total Liabilities
-8.5%vs 2021-4.4% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Net Assets+45.4%
£54.98K in 2021 to £79.91K in 2023
Biggest decrease
Total Liabilities-8.5%
£260.14K in 2021 to £237.90K in 2023
GARRATTS INSURANCE BROKERS LIMITED's filings pull in both directions between 2021 and 2023. 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 GARRATTS 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
- 24.82%2023
- Liabilities to total assets
- 73.90%2023
- Cash to liabilities
- 73.69%2023
- Cash to total assets
- 54.46%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 GARRATTS INSURANCE BROKERS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 54.98K | 61.42K | 79.91K |
| Total Assets£ | 322.22K | 280.43K | 321.93K |
| Cash in Bank£ | 188.03K | 170.35K | 175.32K |
| Total Liabilities£ | 260.14K | 213.64K | 237.90K |
| Employees | 6 | 6 | 6 |
GARRATTS INSURANCE BROKERS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has GARRATTS INSURANCE BROKERS LIMITED filed financial statements?
Yes. Okredo holds filed figures for GARRATTS INSURANCE BROKERS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did GARRATTS INSURANCE BROKERS LIMITED report in 2023?
GARRATTS INSURANCE BROKERS LIMITED reported net assets of £79.91K for 2023. That compares with £61.42K in 2022, a change of 30.10%.
What total assets did GARRATTS INSURANCE BROKERS LIMITED report in 2023?
GARRATTS INSURANCE BROKERS LIMITED reported total assets of £321.93K for 2023. That compares with £280.43K in 2022, a change of 14.80%.
What cash in bank did GARRATTS INSURANCE BROKERS LIMITED report in 2023?
GARRATTS INSURANCE BROKERS LIMITED reported cash in bank of £175.32K for 2023. That compares with £170.35K in 2022, a change of 2.92%.
How many people does GARRATTS INSURANCE BROKERS LIMITED employ?
GARRATTS INSURANCE BROKERS LIMITED reported 6 employees in 2023, compared with 6 in 2022.
How have GARRATTS INSURANCE BROKERS LIMITED financials changed over the last 3 years?
Between 2021 and 2023, GARRATTS INSURANCE BROKERS LIMITED's net assets rose by 45.4%, cash in bank fell by 6.8%, total assets fell by <0.1% and total liabilities fell by 8.5%. Net assets compounded at 20.6% a year across the two years to 2023, from £54.98K to £79.91K. Reported headcount went from 6 in 2021 to 6 in 2023.
Which years of GARRATTS INSURANCE BROKERS 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.