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PRIORY INSURANCE BROKERS LIMITED Financials

Company number
03464772Copy
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Registered office
Prospect House, Rouen Road, Norwich NR1 1RE
Incorporated
12/11/1997

Company snapshot

Status
Active
Employees
10 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

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

Net Assets

£144.68K2024
36.25%vs 2023

2023: £106.19K

Total Assets

£571.18K2024
36.64%vs 2023

2023: £418.01K

Cash in Bank

£344.30K2024
31.53%vs 2023

2023: £261.76K

Total Liabilities

£417.84K2024
40.88%vs 2023

2023: £296.60K

Employees

102024
0vs 2023

2023: 10

In 2024, PRIORY INSURANCE BROKERS LIMITED reported net assets of £144.68K. The same filing shows total assets of £571.18K, cash in bank of £344.30K and total liabilities of £417.84K. Reported headcount was 10 in 2024. Total Assets rose from £418.01K in 2023 to £571.18K in 2024 (36.64%). 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

£144.68K2024
36.25%from £106.19K 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 PRIORY INSURANCE BROKERS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£411.33K2022£144.68K2024
-64.8%vs 2022

-40.7% a year compound (CAGR)

Cash in Bank

£445.12K2022£344.30K2024
-22.7%vs 2022

-12.1% a year compound (CAGR)

Total Assets

£723.40K2022£571.18K2024
-21%vs 2022

-11.1% a year compound (CAGR)

Total Liabilities

£298.83K2022£417.84K2024
+39.8%vs 2022

+18.2% a year compound (CAGR)

Employees

102022102024
0%vs 2022

Biggest increase

Total Liabilities+39.8%

£298.83K in 2022 to £417.84K in 2024

Biggest decrease

Net Assets-64.8%

£411.33K in 2022 to £144.68K in 2024

PRIORY INSURANCE BROKERS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PRIORY INSURANCE BROKERS 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
25.33%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
73.15%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
82.40%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
60.28%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 PRIORY INSURANCE BROKERS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£374.96K411.33K106.19K144.68K
Total Assets£694.81K723.40K418.01K571.18K
Cash in Bank£457.77K445.12K261.76K344.30K
Total Liabilities£304.05K298.83K296.60K417.84K
Employees11101010

PRIORY INSURANCE BROKERS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has PRIORY INSURANCE BROKERS LIMITED filed financial statements?

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

What net assets did PRIORY INSURANCE BROKERS LIMITED report in 2024?

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PRIORY INSURANCE BROKERS LIMITED reported net assets of £144.68K for 2024. That compares with £106.19K in 2023, a change of 36.25%.

What total assets did PRIORY INSURANCE BROKERS LIMITED report in 2024?

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PRIORY INSURANCE BROKERS LIMITED reported total assets of £571.18K for 2024. That compares with £418.01K in 2023, a change of 36.64%.

What cash in bank did PRIORY INSURANCE BROKERS LIMITED report in 2024?

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PRIORY INSURANCE BROKERS LIMITED reported cash in bank of £344.30K for 2024. That compares with £261.76K in 2023, a change of 31.53%.

How many people does PRIORY INSURANCE BROKERS LIMITED employ?

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PRIORY INSURANCE BROKERS LIMITED reported 10 employees in 2024, compared with 10 in 2023.

How have PRIORY INSURANCE BROKERS LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, PRIORY INSURANCE BROKERS LIMITED's net assets fell by 64.8%, cash in bank fell by 22.7%, total assets fell by 21% and total liabilities rose by 39.8%. Net assets contracted at 40.7% a year across the two years to 2024, from £411.33K to £144.68K. Reported headcount went from 10 in 2022 to 10 in 2024.

Which years of PRIORY INSURANCE BROKERS 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.