INSOLVENCY DIRECT LTD Financials
- Company number
- 08302637Copy
Copy - Registered office
- Saxon House, Saxon Way, Cheltenham GL52 6QX
- Incorporated
- 21/11/2012
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-8.08%vs 20232023: £248.64K
Total Assets
-10.58%vs 20232023: £580.47K
Cash in Bank
-35.82%vs 20232023: £472.56K
Total Liabilities
-14.90%vs 20232023: £325.69K
Employees
0vs 20232023: 6
In 2024, INSOLVENCY DIRECT LTD reported net assets of £228.54K. The same filing shows total assets of £519.07K, cash in bank of £303.29K and total liabilities of £277.18K. Reported headcount was 6 in 2024. Cash in Bank fell from £472.56K in 2023 to £303.29K in 2024 (-35.82%). 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
-8.08%from £248.64K 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 INSOLVENCY DIRECT LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-35%vs 2022-19.4% a year compound (CAGR)
Cash in Bank
-39.2%vs 2022-22.1% a year compound (CAGR)
Total Assets
-30.1%vs 2022-16.4% a year compound (CAGR)
Total Liabilities
-28.4%vs 2022-15.4% a year compound (CAGR)
Employees
-25%vs 2022-2Biggest decrease
Cash in Bank-39.2%
£499.23K in 2022 to £303.29K in 2024
Every indicator Okredo holds for INSOLVENCY DIRECT LTD fell between 2022 and 2024. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from INSOLVENCY DIRECT 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
- 44.03%2024
- Liabilities to total assets
- 53.40%2024
- Cash to liabilities
- 109.42%2024
- Cash to total assets
- 58.43%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 INSOLVENCY DIRECT LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 219.11K | 351.59K | 248.64K | 228.54K |
| Total Assets£ | 491.44K | 742.27K | 580.47K | 519.07K |
| Cash in Bank£ | 283.54K | 499.23K | 472.56K | 303.29K |
| Total Liabilities£ | 267.45K | 387.20K | 325.69K | 277.18K |
| Employees | 8 | 8 | 6 | 6 |
INSOLVENCY DIRECT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has INSOLVENCY DIRECT LTD filed financial statements?
Yes. Okredo holds filed figures for INSOLVENCY DIRECT LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did INSOLVENCY DIRECT LTD report in 2024?
INSOLVENCY DIRECT LTD reported net assets of £228.54K for 2024. That compares with £248.64K in 2023, a change of -8.08%.
What total assets did INSOLVENCY DIRECT LTD report in 2024?
INSOLVENCY DIRECT LTD reported total assets of £519.07K for 2024. That compares with £580.47K in 2023, a change of -10.58%.
What cash in bank did INSOLVENCY DIRECT LTD report in 2024?
INSOLVENCY DIRECT LTD reported cash in bank of £303.29K for 2024. That compares with £472.56K in 2023, a change of -35.82%.
How many people does INSOLVENCY DIRECT LTD employ?
INSOLVENCY DIRECT LTD reported 6 employees in 2024, compared with 6 in 2023.
How have INSOLVENCY DIRECT LTD financials changed over the last 3 years?
Between 2022 and 2024, INSOLVENCY DIRECT LTD's net assets fell by 35%, cash in bank fell by 39.2%, total assets fell by 30.1% and total liabilities fell by 28.4%. Net assets contracted at 19.4% a year across the two years to 2024, from £351.59K to £228.54K. Reported headcount went from 8 in 2022 to 6 in 2024 (-2).
Which years of INSOLVENCY DIRECT LTD 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.