IFM INSURANCE BROKERS LTD Financials
- Company number
- 02680875Copy
Copy - Registered office
- 24 Monument Street, London EC3R 8AJ
- Incorporated
- 24/01/1992
Company snapshot
- Status
- Active
- Employees
- 24 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
55.93%vs 20222022: £1.37M
Total Assets
42.47%vs 20222022: £1.86M
Cash in Bank
-35.46%vs 20222022: £1.56M
Total Liabilities
5.18%vs 20222022: £493.50K
Employees
-4vs 20222022: 28
In 2023, IFM INSURANCE BROKERS LTD reported net assets of £2.13M. The same filing shows total assets of £2.65M, cash in bank of £1.01M and total liabilities of £519.08K. Reported headcount was 24 in 2023. Total Assets rose from £1.86M in 2022 to £2.65M in 2023 (42.47%). 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
55.93%from £1.37M 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 IFM INSURANCE BROKERS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+100%vs 2021+41.5% a year compound (CAGR)
Cash in Bank
-30.8%vs 2021-16.8% a year compound (CAGR)
Total Assets
+58.9%vs 2021+26.1% a year compound (CAGR)
Total Liabilities
+0.3%vs 2021+0.1% a year compound (CAGR)
Employees
-11.1%vs 2021-3Biggest increase
Net Assets+100%
£1.06M in 2021 to £2.13M in 2023
Biggest decrease
Cash in Bank-30.8%
£1.46M in 2021 to £1.01M in 2023
IFM INSURANCE BROKERS LTD'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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from IFM INSURANCE BROKERS 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
- 80.41%2023
- Liabilities to total assets
- 19.59%2023
- Cash to liabilities
- 194.41%2023
- Cash to total assets
- 38.09%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 IFM INSURANCE BROKERS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.06M | 1.37M | 2.13M |
| Total Assets£ | 1.67M | 1.86M | 2.65M |
| Cash in Bank£ | 1.46M | 1.56M | 1.01M |
| Total Liabilities£ | 517.55K | 493.50K | 519.08K |
| Employees | 27 | 28 | 24 |
IFM INSURANCE BROKERS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has IFM INSURANCE BROKERS LTD filed financial statements?
Yes. Okredo holds filed figures for IFM INSURANCE BROKERS LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did IFM INSURANCE BROKERS LTD report in 2023?
IFM INSURANCE BROKERS LTD reported net assets of £2.13M for 2023. That compares with £1.37M in 2022, a change of 55.93%.
What total assets did IFM INSURANCE BROKERS LTD report in 2023?
IFM INSURANCE BROKERS LTD reported total assets of £2.65M for 2023. That compares with £1.86M in 2022, a change of 42.47%.
What cash in bank did IFM INSURANCE BROKERS LTD report in 2023?
IFM INSURANCE BROKERS LTD reported cash in bank of £1.01M for 2023. That compares with £1.56M in 2022, a change of -35.46%.
How many people does IFM INSURANCE BROKERS LTD employ?
IFM INSURANCE BROKERS LTD reported 24 employees in 2023, compared with 28 in 2022.
How have IFM INSURANCE BROKERS LTD financials changed over the last 3 years?
Between 2021 and 2023, IFM INSURANCE BROKERS LTD's net assets rose by 100%, cash in bank fell by 30.8%, total assets rose by 58.9% and total liabilities rose by 0.3%. Net assets compounded at 41.5% a year across the two years to 2023, from £1.06M to £2.13M. Reported headcount went from 27 in 2021 to 24 in 2023 (-3).
Which years of IFM INSURANCE BROKERS 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.