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KELVIN SMITH (INSURANCE BROKERS) LIMITED Financials

Company number
SC301532Copy
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Registered office
The Sinclair Building, 18-20 Eagle Street, Glasgow G4 9XA
Incorporated
28/04/2006

Company snapshot

Status
Active
Employees
30 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£3.48M2025
17.73%vs 2024

2024: £2.95M

Total Assets

£6.33M2025
22.09%vs 2024

2024: £5.18M

Cash in Bank

£1.72M2025
-26.71%vs 2024

2024: £2.35M

Total Liabilities

£2.78M2025
29.49%vs 2024

2024: £2.15M

Employees

302025
+1vs 2024

2024: 29

In 2025, KELVIN SMITH (INSURANCE BROKERS) LIMITED reported net assets of £3.48M. The same filing shows total assets of £6.33M, cash in bank of £1.72M and total liabilities of £2.78M. Reported headcount was 30 in 2025. Total Assets rose from £5.18M in 2024 to £6.33M in 2025 (22.09%). Okredo holds filed figures for 2021–2025; 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

£3.48M2025
17.73%from £2.95M in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures KELVIN SMITH (INSURANCE BROKERS) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£2.59M2023£3.48M2025
+34.1%vs 2023

+15.8% a year compound (CAGR)

Cash in Bank

£1.69M2023£1.72M2025
+2.2%vs 2023

+1.1% a year compound (CAGR)

Total Assets

£5.63M2023£6.33M2025
+12.3%vs 2023

+6% a year compound (CAGR)

Total Liabilities

£3.04M2023£2.78M2025
-8.5%vs 2023

-4.3% a year compound (CAGR)

Employees

282023302025
+7.1%vs 2023+2

Biggest increase

Net Assets+34.1%

£2.59M in 2023 to £3.48M in 2025

Biggest decrease

Total Liabilities-8.5%

£3.04M in 2023 to £2.78M in 2025

KELVIN SMITH (INSURANCE BROKERS) LIMITED's filings pull in both directions between 2023 and 2025. 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 KELVIN SMITH (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
54.95%2025

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
44.00%2025

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
61.96%2025

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
27.26%2025

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 KELVIN SMITH (INSURANCE BROKERS) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£2.07M2.59M2.59M2.95M3.48M
Total Assets£4.46M5.04M5.63M5.18M6.33M
Cash in Bank£799.77K1.54M1.69M2.35M1.72M
Total Liabilities£2.38M2.45M3.04M2.15M2.78M
Employees3330282930

KELVIN SMITH (INSURANCE BROKERS) LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has KELVIN SMITH (INSURANCE BROKERS) LIMITED filed financial statements?

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Yes. Okredo holds filed figures for KELVIN SMITH (INSURANCE BROKERS) LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did KELVIN SMITH (INSURANCE BROKERS) LIMITED report in 2025?

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KELVIN SMITH (INSURANCE BROKERS) LIMITED reported net assets of £3.48M for 2025. That compares with £2.95M in 2024, a change of 17.73%.

What total assets did KELVIN SMITH (INSURANCE BROKERS) LIMITED report in 2025?

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KELVIN SMITH (INSURANCE BROKERS) LIMITED reported total assets of £6.33M for 2025. That compares with £5.18M in 2024, a change of 22.09%.

What cash in bank did KELVIN SMITH (INSURANCE BROKERS) LIMITED report in 2025?

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KELVIN SMITH (INSURANCE BROKERS) LIMITED reported cash in bank of £1.72M for 2025. That compares with £2.35M in 2024, a change of -26.71%.

How many people does KELVIN SMITH (INSURANCE BROKERS) LIMITED employ?

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KELVIN SMITH (INSURANCE BROKERS) LIMITED reported 30 employees in 2025, compared with 29 in 2024.

How have KELVIN SMITH (INSURANCE BROKERS) LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, KELVIN SMITH (INSURANCE BROKERS) LIMITED's net assets rose by 34.1%, cash in bank rose by 2.2%, total assets rose by 12.3% and total liabilities fell by 8.5%. Net assets compounded at 15.8% a year across the two years to 2025, from £2.59M to £3.48M. Reported headcount went from 28 in 2023 to 30 in 2025 (+2).

Which years of KELVIN SMITH (INSURANCE BROKERS) LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.