MARTIN INSURANCE SERVICES LTD Financials
- Company number
- 03187620Copy
Copy
- Registered office
- 101 High Street, Rochester ME1 1LX
- Incorporated
- 18/04/1996
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
2023: £22.35K
Total Assets
2023: £61.68K
Cash in Bank
2023: £48.07K
Total Liabilities
2023: £39.33K
Employees
2023: 4
In 2024, MARTIN INSURANCE SERVICES LTD reported net assets of £57.50K. The same filing shows total assets of £114.05K, cash in bank of £49.89K and total liabilities of £56.56K. Reported headcount was 4 in 2024. Total Assets rose from £61.68K in 2023 to £114.05K in 2024 (84.91%). 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
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 MARTIN INSURANCE SERVICES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+119% a year compound (CAGR)
Cash in Bank
+28% a year compound (CAGR)
Total Assets
+55.5% a year compound (CAGR)
Total Liabilities
+26.7% a year compound (CAGR)
Employees
Biggest increase
Net Assets+382%
£11.94K in 2022 to £57.50K in 2024
Every measure that changed in MARTIN INSURANCE SERVICES LTD's filings between 2022 and 2024 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MARTIN INSURANCE SERVICES 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
- 50.41%2024
- Liabilities to total assets
- 49.59%2024
- Cash to liabilities
- 88.21%2024
- Cash to total assets
- 43.74%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 MARTIN INSURANCE SERVICES 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£ | 7.74K | 11.94K | 22.35K | 57.50K |
| Total Assets£ | 38.95K | 47.15K | 61.68K | 114.05K |
| Cash in Bank£ | 20.47K | 30.46K | 48.07K | 49.89K |
| Total Liabilities£ | 31.21K | 35.22K | 39.33K | 56.56K |
| Employees | 3 | 4 | 4 | 4 |
MARTIN INSURANCE SERVICES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has MARTIN INSURANCE SERVICES LTD filed financial statements?
Yes. Okredo holds filed figures for MARTIN INSURANCE SERVICES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MARTIN INSURANCE SERVICES LTD report in 2024?
MARTIN INSURANCE SERVICES LTD reported net assets of £57.50K for 2024. That compares with £22.35K in 2023, a change of 157.21%.
What total assets did MARTIN INSURANCE SERVICES LTD report in 2024?
MARTIN INSURANCE SERVICES LTD reported total assets of £114.05K for 2024. That compares with £61.68K in 2023, a change of 84.91%.
What cash in bank did MARTIN INSURANCE SERVICES LTD report in 2024?
MARTIN INSURANCE SERVICES LTD reported cash in bank of £49.89K for 2024. That compares with £48.07K in 2023, a change of 3.78%.
How many people does MARTIN INSURANCE SERVICES LTD employ?
MARTIN INSURANCE SERVICES LTD reported 4 employees in 2024, compared with 4 in 2023.
How have MARTIN INSURANCE SERVICES LTD financials changed over the last 3 years?
Between 2022 and 2024, MARTIN INSURANCE SERVICES LTD's net assets rose by 382%, cash in bank rose by 63.8%, total assets rose by 142% and total liabilities rose by 60.6%. Net assets compounded at 119% a year across the two years to 2024, from £11.94K to £57.50K. Reported headcount went from 4 in 2022 to 4 in 2024.
Which years of MARTIN INSURANCE SERVICES 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.