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PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED Financials

Company number
01105564Copy
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Registered office
Lawrence House Summer Hill, Harbledown, Canterbury, Kent CT2 8GT
Incorporated
02/04/1973

Company snapshot

Status
Active
Employees
37 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

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

Net Assets

£4.76M2024
67.12%vs 2023

2023: £2.85M

Total Assets

£5.50M2024
51.84%vs 2023

2023: £3.62M

Cash in Bank

£4.09M2024
217.07%vs 2023

2023: £1.29M

Total Liabilities

£725.51K2024
-3.43%vs 2023

2023: £751.28K

Employees

372024
+1vs 2023

2023: 36

In 2024, PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED reported net assets of £4.76M. The same filing shows total assets of £5.50M, cash in bank of £4.09M and total liabilities of £725.51K. Reported headcount was 37 in 2024. Cash in Bank rose from £1.29M in 2023 to £4.09M in 2024 (217.07%). 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

£4.76M2024
67.12%from £2.85M 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 PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£3.10M2022£4.76M2024
+53.6%vs 2022

+23.9% a year compound (CAGR)

Cash in Bank

£2.23M2022£4.09M2024
+83.2%vs 2022

+35.4% a year compound (CAGR)

Total Assets

£3.55M2022£5.50M2024
+54.6%vs 2022

+24.3% a year compound (CAGR)

Total Liabilities

£428.97K2022£725.51K2024
+69.1%vs 2022

+30% a year compound (CAGR)

Employees

372022372024
0%vs 2022

Biggest increase

Cash in Bank+83.2%

£2.23M in 2022 to £4.09M in 2024

Every measure that changed in PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED's filings between 2022 and 2024 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PHARON INDEPENDENT FINANCIAL ADVISERS 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
86.69%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
13.20%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
564.33%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
74.50%2024

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Revenue per employee
£160.95K2024

Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£3.14M3.10M2.85M4.76M
Total Assets£3.78M3.55M3.62M5.50M
Cash in Bank£2.40M2.23M1.29M4.09M
Total Liabilities£616.76K428.97K751.28K725.51K
Employees34373637

PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED report in 2024?

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PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED reported net assets of £4.76M for 2024. That compares with £2.85M in 2023, a change of 67.12%.

What total assets did PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED report in 2024?

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PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED reported total assets of £5.50M for 2024. That compares with £3.62M in 2023, a change of 51.84%.

What cash in bank did PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED report in 2024?

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PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED reported cash in bank of £4.09M for 2024. That compares with £1.29M in 2023, a change of 217.07%.

How many people does PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED employ?

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PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED reported 37 employees in 2024, compared with 36 in 2023.

How have PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, PHARON INDEPENDENT FINANCIAL ADVISERS LIMITED's net assets rose by 53.6%, cash in bank rose by 83.2%, total assets rose by 54.6% and total liabilities rose by 69.1%. Net assets compounded at 23.9% a year across the two years to 2024, from £3.10M to £4.76M. Reported headcount went from 37 in 2022 to 37 in 2024.

Which years of PHARON INDEPENDENT FINANCIAL ADVISERS 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.