OILFIELD OFFSHORE UNDERWRITING LIMITED Financials
- Company number
- 07415423Copy
Copy - Registered office
- 40 Lime Street, London EC3M 7AW
- Incorporated
- 21/10/2010
Company snapshot
- Status
- Active
- Employees
- 11 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-18.68%vs 20232023: £5.42M
Total Assets
-10.48%vs 20232023: £20.60M
Cash in Bank
-23.15%vs 20232023: £6.28M
Total Liabilities
-7.61%vs 20232023: £15.17M
Employees
+1vs 20232023: 10
In 2024, OILFIELD OFFSHORE UNDERWRITING LIMITED reported net assets of £4.41M. The same filing shows total assets of £18.44M, cash in bank of £4.82M and total liabilities of £14.01M. Reported headcount was 11 in 2024. Total Assets fell from £20.60M in 2023 to £18.44M in 2024 (-10.48%). 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
-18.68%from £5.42M in 2023Year-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 OILFIELD OFFSHORE UNDERWRITING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-3.9%vs 2022-2% a year compound (CAGR)
Cash in Bank
-1.4%vs 2022-0.7% a year compound (CAGR)
Total Assets
-5.2%vs 2022-2.6% a year compound (CAGR)
Total Liabilities
-5.7%vs 2022-2.9% a year compound (CAGR)
Employees
+22.2%vs 2022+2Biggest increase
Employees+22.2%
9 in 2022 to 11 in 2024
Biggest decrease
Total Liabilities-5.7%
£14.85M in 2022 to £14.01M in 2024
OILFIELD OFFSHORE UNDERWRITING LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 OILFIELD OFFSHORE UNDERWRITING 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
- 23.91%2024
- Liabilities to total assets
- 76.00%2024
- Cash to liabilities
- 34.43%2024
- Cash to total assets
- 26.17%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 OILFIELD OFFSHORE UNDERWRITING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 3.49M | 4.59M | 5.42M | 4.41M |
| Total Assets£ | 14.78M | 19.45M | 20.60M | 18.44M |
| Cash in Bank£ | 2.37M | 4.89M | 6.28M | 4.82M |
| Total Liabilities£ | 11.28M | 14.85M | 15.17M | 14.01M |
| Employees | 10 | 9 | 10 | 11 |
OILFIELD OFFSHORE UNDERWRITING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has OILFIELD OFFSHORE UNDERWRITING LIMITED filed financial statements?
Yes. Okredo holds filed figures for OILFIELD OFFSHORE UNDERWRITING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did OILFIELD OFFSHORE UNDERWRITING LIMITED report in 2024?
OILFIELD OFFSHORE UNDERWRITING LIMITED reported net assets of £4.41M for 2024. That compares with £5.42M in 2023, a change of -18.68%.
What total assets did OILFIELD OFFSHORE UNDERWRITING LIMITED report in 2024?
OILFIELD OFFSHORE UNDERWRITING LIMITED reported total assets of £18.44M for 2024. That compares with £20.60M in 2023, a change of -10.48%.
What cash in bank did OILFIELD OFFSHORE UNDERWRITING LIMITED report in 2024?
OILFIELD OFFSHORE UNDERWRITING LIMITED reported cash in bank of £4.82M for 2024. That compares with £6.28M in 2023, a change of -23.15%.
How many people does OILFIELD OFFSHORE UNDERWRITING LIMITED employ?
OILFIELD OFFSHORE UNDERWRITING LIMITED reported 11 employees in 2024, compared with 10 in 2023.
How have OILFIELD OFFSHORE UNDERWRITING LIMITED financials changed over the last 3 years?
Between 2022 and 2024, OILFIELD OFFSHORE UNDERWRITING LIMITED's net assets fell by 3.9%, cash in bank fell by 1.4%, total assets fell by 5.2% and total liabilities fell by 5.7%. Net assets contracted at 2% a year across the two years to 2024, from £4.59M to £4.41M. Reported headcount went from 9 in 2022 to 11 in 2024 (+2).
Which years of OILFIELD OFFSHORE UNDERWRITING LIMITED 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.