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MYCOVERPLAN INSURANCE SERVICES LTD Financials

Company number
07230612Copy
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Registered office
Cobalt Business Exchange, Cobalt Park Way, Wallsend, Newcastle-Upon-Tyne NE28 9NZ
Incorporated
21/04/2010

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2025
Accounts type
Dormant

Financial highlights

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

Net Assets

£1.24K2025
No changevs 2024

2024: £1.24K

Total Assets

£1.24K2024
-97.68%vs 2023

2023: £53.38K

Cash in Bank

£34.92K2023
444.92%vs 2022

2022: £6.41K

Employees

32024
0vs 2023

2023: 3

In 2025, MYCOVERPLAN INSURANCE SERVICES LTD reported net assets of £1.24K. The same filing shows total assets of £1.24K and cash in bank of £34.92K. Reported headcount was 3 in 2024. Total Assets fell from £53.38K in 2023 to £1.24K in 2024 (-97.68%). 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

£1.24K2025
No changefrom £1.24K 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 MYCOVERPLAN INSURANCE SERVICES LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£26.24K2023£1.24K2025
-95.3%vs 2023

-78.3% a year compound (CAGR)

Biggest decrease

Net Assets-95.3%

£26.24K in 2023 to £1.24K in 2025

Every indicator Okredo holds for MYCOVERPLAN INSURANCE SERVICES LTD fell between 2023 and 2025. That fall came in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MYCOVERPLAN 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
100.00%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.

Cash to total assets
65.43%2023

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 MYCOVERPLAN INSURANCE SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£13.89K26.35K26.24K1.24K1.24K
Total Assets£46.27K36.46K53.38K1.24K–
Cash in Bank£1.53K6.41K34.92K––
Total Liabilities£–––––
Employees2333–

MYCOVERPLAN INSURANCE SERVICES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has MYCOVERPLAN INSURANCE SERVICES LTD filed financial statements?

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Yes. Okredo holds filed figures for MYCOVERPLAN INSURANCE SERVICES LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

What net assets did MYCOVERPLAN INSURANCE SERVICES LTD report in 2025?

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MYCOVERPLAN INSURANCE SERVICES LTD reported net assets of £1.24K for 2025. That compares with £1.24K in 2024.

What total assets did MYCOVERPLAN INSURANCE SERVICES LTD report in 2024?

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MYCOVERPLAN INSURANCE SERVICES LTD reported total assets of £1.24K for 2024. That compares with £53.38K in 2023, a change of -97.68%.

What cash in bank did MYCOVERPLAN INSURANCE SERVICES LTD report in 2023?

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MYCOVERPLAN INSURANCE SERVICES LTD reported cash in bank of £34.92K for 2023. That compares with £6.41K in 2022, a change of 444.92%.

How many people does MYCOVERPLAN INSURANCE SERVICES LTD employ?

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MYCOVERPLAN INSURANCE SERVICES LTD reported 3 employees in 2024, compared with 3 in 2023.

How have MYCOVERPLAN INSURANCE SERVICES LTD financials changed over the last 3 years?

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Between 2023 and 2025, MYCOVERPLAN INSURANCE SERVICES LTD's net assets fell by 95.3%. Net assets contracted at 78.3% a year across the two years to 2025, from £26.24K to £1.24K.

Which years of MYCOVERPLAN INSURANCE SERVICES LTD 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.