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INSURANCE RECRUITMENT SERVICES LIMITED Financials

Company number
05847233Copy
Copy
Registered office
White Building, Suite 2, Level 3, Media City Uk, Salford M50 2NT
Incorporated
15/06/2006

Company snapshot

Status
Active
Employees
13 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£254.83K2024
-28.05%vs 2023

2023: £354.21K

Total Assets

£455.12K2024
-24.07%vs 2023

2023: £599.42K

Cash in Bank

£72.11K2024
-58.11%vs 2023

2023: £172.15K

Total Liabilities

£200.28K2024
-18.32%vs 2023

2023: £245.22K

Employees

132024
0vs 2023

2023: 13

In 2024, INSURANCE RECRUITMENT SERVICES LIMITED reported net assets of £254.83K. The same filing shows total assets of £455.12K, cash in bank of £72.11K and total liabilities of £200.28K. Reported headcount was 13 in 2024. Total Assets fell from £599.42K in 2023 to £455.12K in 2024 (-24.07%). 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

£254.83K2024
-28.05%from £354.21K in 2023

Year-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 INSURANCE RECRUITMENT SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£313.93K2022£254.83K2024
-18.8%vs 2022

-9.9% a year compound (CAGR)

Cash in Bank

£150.88K2022£72.11K2024
-52.2%vs 2022

-30.9% a year compound (CAGR)

Total Assets

£430.11K2022£455.12K2024
+5.8%vs 2022

+2.9% a year compound (CAGR)

Total Liabilities

£116.18K2022£200.28K2024
+72.4%vs 2022

+31.3% a year compound (CAGR)

Employees

132022132024
0%vs 2022

Biggest increase

Total Liabilities+72.4%

£116.18K in 2022 to £200.28K in 2024

Biggest decrease

Cash in Bank-52.2%

£150.88K in 2022 to £72.11K in 2024

INSURANCE RECRUITMENT SERVICES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 INSURANCE RECRUITMENT 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
55.99%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.
Liabilities to total assets
44.01%2024
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.
Cash to liabilities
36.00%2024
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
15.84%2024
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 INSURANCE RECRUITMENT SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£295.60K313.93K354.21K254.83K
Total Assets£513.12K430.11K599.42K455.12K
Cash in Bank£331.35K150.88K172.15K72.11K
Total Liabilities£217.51K116.18K245.22K200.28K
Employees11131313

INSURANCE RECRUITMENT SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for INSURANCE RECRUITMENT SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

INSURANCE RECRUITMENT SERVICES LIMITED reported net assets of £254.83K for 2024. That compares with £354.21K in 2023, a change of -28.05%.

INSURANCE RECRUITMENT SERVICES LIMITED reported total assets of £455.12K for 2024. That compares with £599.42K in 2023, a change of -24.07%.

INSURANCE RECRUITMENT SERVICES LIMITED reported cash in bank of £72.11K for 2024. That compares with £172.15K in 2023, a change of -58.11%.

INSURANCE RECRUITMENT SERVICES LIMITED reported 13 employees in 2024, compared with 13 in 2023.

Between 2022 and 2024, INSURANCE RECRUITMENT SERVICES LIMITED's net assets fell by 18.8%, cash in bank fell by 52.2%, total assets rose by 5.8% and total liabilities rose by 72.4%. Net assets contracted at 9.9% a year across the two years to 2024, from £313.93K to £254.83K. Reported headcount went from 13 in 2022 to 13 in 2024.

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.