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MARTIN INSURANCE SERVICES LTD Financials

Company number
03187620Copy
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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

£57.50K2024
157.21%vs 2023

2023: £22.35K

Total Assets

£114.05K2024
84.91%vs 2023

2023: £61.68K

Cash in Bank

£49.89K2024
3.78%vs 2023

2023: £48.07K

Total Liabilities

£56.56K2024
43.81%vs 2023

2023: £39.33K

Employees

42024
0vs 2023

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

£57.50K2024
157.21%from £22.35K 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 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

£11.94K2022£57.50K2024
+382%vs 2022

+119% a year compound (CAGR)

Cash in Bank

£30.46K2022£49.89K2024
+63.8%vs 2022

+28% a year compound (CAGR)

Total Assets

£47.15K2022£114.05K2024
+142%vs 2022

+55.5% a year compound (CAGR)

Total Liabilities

£35.22K2022£56.56K2024
+60.6%vs 2022

+26.7% a year compound (CAGR)

Employees

4202242024
0%vs 2022

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

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
49.59%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
88.21%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
43.74%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 MARTIN INSURANCE SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£7.74K11.94K22.35K57.50K
Total Assets£38.95K47.15K61.68K114.05K
Cash in Bank£20.47K30.46K48.07K49.89K
Total Liabilities£31.21K35.22K39.33K56.56K
Employees3444

MARTIN INSURANCE SERVICES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has MARTIN INSURANCE SERVICES LTD filed financial statements?

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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?

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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?

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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?

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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?

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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?

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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?

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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.