R. MCGEE INSURANCE BROKER LIMITED Financials
- Company number
- 01599033Copy
Copy - Registered office
- 7th Floor Corn Exchange, 55 Mark Lane, London EC3R 7NE
- Incorporated
- 20/11/1981
Company snapshot
- Status
- Active
- Employees
- 5 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-8.73%vs 20222022: £365.83K
Total Assets
10.53%vs 20222022: £419.20K
Cash in Bank
16.64%vs 20222022: £324.00K
Total Liabilities
177.75%vs 20222022: £43.72K
Employees
0vs 20222022: 5
In 2023, R. MCGEE INSURANCE BROKER LIMITED reported net assets of £333.91K. The same filing shows total assets of £463.32K, cash in bank of £377.92K and total liabilities of £121.42K. Reported headcount was 5 in 2023. Total Liabilities rose from £43.72K in 2022 to £121.42K in 2023 (177.75%). Okredo holds filed figures for 2021–2023; 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
-8.73%from £365.83K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures R. MCGEE INSURANCE BROKER LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+1%vs 2021+0.5% a year compound (CAGR)
Cash in Bank
+22.5%vs 2021+10.7% a year compound (CAGR)
Total Assets
+22%vs 2021+10.5% a year compound (CAGR)
Total Liabilities
+210%vs 2021+76% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Total Liabilities+210%
£39.20K in 2021 to £121.42K in 2023
Every measure that changed in R. MCGEE INSURANCE BROKER LIMITED's filings between 2021 and 2023 rose. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank and total assets climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from R. MCGEE INSURANCE BROKER 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
- 72.07%2023
- Liabilities to total assets
- 26.21%2023
- Cash to liabilities
- 311.25%2023
- Cash to total assets
- 81.57%2023
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 R. MCGEE INSURANCE BROKER LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 330.73K | 365.83K | 333.91K |
| Total Assets£ | 379.71K | 419.20K | 463.32K |
| Cash in Bank£ | 308.60K | 324.00K | 377.92K |
| Total Liabilities£ | 39.20K | 43.72K | 121.42K |
| Employees | 5 | 5 | 5 |
R. MCGEE INSURANCE BROKER LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has R. MCGEE INSURANCE BROKER LIMITED filed financial statements?
Yes. Okredo holds filed figures for R. MCGEE INSURANCE BROKER LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did R. MCGEE INSURANCE BROKER LIMITED report in 2023?
R. MCGEE INSURANCE BROKER LIMITED reported net assets of £333.91K for 2023. That compares with £365.83K in 2022, a change of -8.73%.
What total assets did R. MCGEE INSURANCE BROKER LIMITED report in 2023?
R. MCGEE INSURANCE BROKER LIMITED reported total assets of £463.32K for 2023. That compares with £419.20K in 2022, a change of 10.53%.
What cash in bank did R. MCGEE INSURANCE BROKER LIMITED report in 2023?
R. MCGEE INSURANCE BROKER LIMITED reported cash in bank of £377.92K for 2023. That compares with £324.00K in 2022, a change of 16.64%.
How many people does R. MCGEE INSURANCE BROKER LIMITED employ?
R. MCGEE INSURANCE BROKER LIMITED reported 5 employees in 2023, compared with 5 in 2022.
How have R. MCGEE INSURANCE BROKER LIMITED financials changed over the last 3 years?
Between 2021 and 2023, R. MCGEE INSURANCE BROKER LIMITED's net assets rose by 1%, cash in bank rose by 22.5%, total assets rose by 22% and total liabilities rose by 210%. Net assets compounded at 0.5% a year across the two years to 2023, from £330.73K to £333.91K. Reported headcount went from 5 in 2021 to 5 in 2023.
Which years of R. MCGEE INSURANCE BROKER LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.