HEALTHCOVER LTD Financials
- Company number
- 09693627Copy
Copy - Registered office
- 7th Floor, Corn Exchange, 55 Mark Lane, London, United Kingdom EC3R 7NE
- Incorporated
- 20/07/2015
Company snapshot
- Status
- Active
- Employees
- 4 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
27.69%vs 20222022: £1.00K
Total Assets
-34.46%vs 20212021: £48.75K
Cash in Bank
7.80%vs 20222022: £29.12K
Total Liabilities
-28.58%vs 20212021: £43.33K
Employees
+1vs 20222022: 3
In 2023, HEALTHCOVER LTD reported net assets of £1.28K. The same filing shows total assets of £31.95K, cash in bank of £31.39K and total liabilities of £30.95K. Reported headcount was 4 in 2023. Total Assets fell from £48.75K in 2021 to £31.95K in 2022 (-34.46%). 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
27.69%from £1.00K 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 HEALTHCOVER LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-76.4%vs 2021-51.4% a year compound (CAGR)
Cash in Bank
-31.9%vs 2021-17.5% a year compound (CAGR)
Employees
+33.3%vs 2021+1Biggest increase
Employees+33.3%
3 in 2021 to 4 in 2023
Biggest decrease
Net Assets-76.4%
£5.42K in 2021 to £1.28K in 2023
HEALTHCOVER LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, 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 HEALTHCOVER LTD'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
- 3.14%2022
- Liabilities to total assets
- 96.86%2022
- Cash to liabilities
- 94.09%2022
- Cash to total assets
- 91.14%2022
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 HEALTHCOVER LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 5.42K | 1.00K | 1.28K |
| Total Assets£ | 48.75K | 31.95K | – |
| Cash in Bank£ | 46.06K | 29.12K | 31.39K |
| Total Liabilities£ | 43.33K | 30.95K | – |
| Employees | 3 | 3 | 4 |
HEALTHCOVER LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has HEALTHCOVER LTD filed financial statements?
Yes. Okredo holds filed figures for HEALTHCOVER LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did HEALTHCOVER LTD report in 2023?
HEALTHCOVER LTD reported net assets of £1.28K for 2023. That compares with £1.00K in 2022, a change of 27.69%.
What total assets did HEALTHCOVER LTD report in 2022?
HEALTHCOVER LTD reported total assets of £31.95K for 2022. That compares with £48.75K in 2021, a change of -34.46%.
What cash in bank did HEALTHCOVER LTD report in 2023?
HEALTHCOVER LTD reported cash in bank of £31.39K for 2023. That compares with £29.12K in 2022, a change of 7.80%.
How many people does HEALTHCOVER LTD employ?
HEALTHCOVER LTD reported 4 employees in 2023, compared with 3 in 2022.
How have HEALTHCOVER LTD financials changed over the last 3 years?
Between 2021 and 2023, HEALTHCOVER LTD's net assets fell by 76.4%, cash in bank fell by 31.9% and employee numbers rose by 33.3%. Net assets contracted at 51.4% a year across the two years to 2023, from £5.42K to £1.28K. Reported headcount went from 3 in 2021 to 4 in 2023 (+1).
Which years of HEALTHCOVER LTD 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.