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PARK PLACE INSURANCE SERVICES LIMITED Financials

Company number
SC135773Copy
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Registered office
53 High Street, Kirkcaldy, Fife KY1 1LL
Incorporated
30/12/1991

Company snapshot

Status
Active
Employees
13 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£355.09K2024
1.96%vs 2023

2023: £348.28K

Total Assets

£809.64K2024
5.15%vs 2023

2023: £769.99K

Cash in Bank

£157.91K2024
-13.68%vs 2023

2023: £182.94K

Total Liabilities

£335.67K2024
13.67%vs 2023

2023: £295.30K

Employees

132024
0vs 2023

2023: 13

In 2024, PARK PLACE INSURANCE SERVICES LIMITED reported net assets of £355.09K. The same filing shows total assets of £809.64K, cash in bank of £157.91K and total liabilities of £335.67K. Reported headcount was 13 in 2024. Total Liabilities rose from £295.30K in 2023 to £335.67K in 2024 (13.67%). 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

£355.09K2024
1.96%from £348.28K 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 PARK PLACE INSURANCE SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£298.19K2022£355.09K2024
+19.1%vs 2022

+9.1% a year compound (CAGR)

Cash in Bank

£199.09K2022£157.91K2024
-20.7%vs 2022

-10.9% a year compound (CAGR)

Total Assets

£765.20K2022£809.64K2024
+5.8%vs 2022

+2.9% a year compound (CAGR)

Total Liabilities

£338.78K2022£335.67K2024
-0.9%vs 2022

-0.5% a year compound (CAGR)

Employees

112022132024
+18.2%vs 2022+2

Biggest increase

Net Assets+19.1%

£298.19K in 2022 to £355.09K in 2024

Biggest decrease

Cash in Bank-20.7%

£199.09K in 2022 to £157.91K in 2024

PARK PLACE INSURANCE SERVICES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PARK PLACE INSURANCE SERVICES 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
43.86%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
41.46%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
47.04%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
19.50%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 PARK PLACE INSURANCE SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£299.71K298.19K348.28K355.09K
Total Assets£870.16K765.20K769.99K809.64K
Cash in Bank£325.88K199.09K182.94K157.91K
Total Liabilities£452.81K338.78K295.30K335.67K
Employees9111313

PARK PLACE INSURANCE SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has PARK PLACE INSURANCE SERVICES LIMITED filed financial statements?

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Yes. Okredo holds filed figures for PARK PLACE INSURANCE SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did PARK PLACE INSURANCE SERVICES LIMITED report in 2024?

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PARK PLACE INSURANCE SERVICES LIMITED reported net assets of £355.09K for 2024. That compares with £348.28K in 2023, a change of 1.96%.

What total assets did PARK PLACE INSURANCE SERVICES LIMITED report in 2024?

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PARK PLACE INSURANCE SERVICES LIMITED reported total assets of £809.64K for 2024. That compares with £769.99K in 2023, a change of 5.15%.

What cash in bank did PARK PLACE INSURANCE SERVICES LIMITED report in 2024?

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PARK PLACE INSURANCE SERVICES LIMITED reported cash in bank of £157.91K for 2024. That compares with £182.94K in 2023, a change of -13.68%.

How many people does PARK PLACE INSURANCE SERVICES LIMITED employ?

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PARK PLACE INSURANCE SERVICES LIMITED reported 13 employees in 2024, compared with 13 in 2023.

How have PARK PLACE INSURANCE SERVICES LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, PARK PLACE INSURANCE SERVICES LIMITED's net assets rose by 19.1%, cash in bank fell by 20.7%, total assets rose by 5.8% and total liabilities fell by 0.9%. Net assets compounded at 9.1% a year across the two years to 2024, from £298.19K to £355.09K. Reported headcount went from 11 in 2022 to 13 in 2024 (+2).

Which years of PARK PLACE INSURANCE SERVICES LIMITED 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.