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LIFT-INSURANCE LTD Financials

Company number
08004905Copy
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Registered office
40 Leadenhall Street, London EC3A 2BJ
Incorporated
23/03/2012

Company snapshot

Status
Active
Employees
4 (2023)
Latest financial data
2023
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£29.87K2023
34.03%vs 2022

2022: £22.28K

Cash in Bank

£59.83K2023
4.49%vs 2022

2022: £57.26K

Total Liabilities

£0.002023
No changevs 2022

2022: £0.00

Employees

42023
0vs 2022

2022: 4

In 2023, LIFT-INSURANCE LTD reported net assets of £29.87K. The same filing shows cash in bank of £59.83K and total liabilities of £0.00. Reported headcount was 4 in 2023. Net Assets rose from £22.28K in 2022 to £29.87K in 2023 (34.03%). 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

£29.87K2023
34.03%from £22.28K in 2022

Year-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 LIFT-INSURANCE LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£21.68K2021£29.87K2023
+37.8%vs 2021

+17.4% a year compound (CAGR)

Cash in Bank

£69.32K2021£59.83K2023
-13.7%vs 2021

-7.1% a year compound (CAGR)

Total Liabilities

£0.002021£0.002023
No changevs 2021

Employees

5202142023
-20%vs 2021-1

Biggest increase

Net Assets+37.8%

£21.68K in 2021 to £29.87K in 2023

Biggest decrease

Employees-20%

5 in 2021 to 4 in 2023

LIFT-INSURANCE 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 employee numbers, pointing to a smaller workforce. Total liabilities was filed as nil in each of these years, so the direction here rests on the remaining measures. See the full year-by-year figures.

Ratios from the filed figures

Calculated from LIFT-INSURANCE LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Revenue per employee
£119.32K2023

Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for LIFT-INSURANCE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£21.68K22.28K29.87K
Total Assets£–––
Cash in Bank£69.32K57.26K59.83K
Total Liabilities£0.000.000.00
Employees544

LIFT-INSURANCE LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has LIFT-INSURANCE LTD filed financial statements?

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Yes. Okredo holds filed figures for LIFT-INSURANCE LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.

What net assets did LIFT-INSURANCE LTD report in 2023?

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LIFT-INSURANCE LTD reported net assets of £29.87K for 2023. That compares with £22.28K in 2022, a change of 34.03%.

What cash in bank did LIFT-INSURANCE LTD report in 2023?

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LIFT-INSURANCE LTD reported cash in bank of £59.83K for 2023. That compares with £57.26K in 2022, a change of 4.49%.

What total liabilities did LIFT-INSURANCE LTD report in 2023?

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LIFT-INSURANCE LTD reported total liabilities of £0.00 for 2023. That compares with £0.00 in 2022.

How many people does LIFT-INSURANCE LTD employ?

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LIFT-INSURANCE LTD reported 4 employees in 2023, compared with 4 in 2022.

How have LIFT-INSURANCE LTD financials changed over the last 3 years?

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Between 2021 and 2023, LIFT-INSURANCE LTD's net assets rose by 37.8%, cash in bank fell by 13.7% and employee numbers fell by 20%. Net assets compounded at 17.4% a year across the two years to 2023, from £21.68K to £29.87K. Reported headcount went from 5 in 2021 to 4 in 2023 (-1).

Which years of LIFT-INSURANCE LTD financial data are available?

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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.