REICH INSURANCE BROKERS LIMITED Financials
- Company number
- 03697314Copy
Copy - Registered office
- 197 Chapel Street, Salford, Manchester M3 5EQ
- Incorporated
- 19/01/1999
Company snapshot
- Status
- Active
- Employees
- 121 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
4.83%vs 20222022: £25.11M
Total Assets
-8.36%vs 20222022: £31.05M
Cash in Bank
-64.90%vs 20222022: £9.56M
Total Liabilities
-78.13%vs 20222022: £5.37M
Employees
+9vs 20222022: 112
In 2023, REICH INSURANCE BROKERS LIMITED reported net assets of £26.33M. The same filing shows total assets of £28.46M, cash in bank of £3.36M and total liabilities of £1.17M. Reported headcount was 121 in 2023. Cash in Bank fell from £9.56M in 2022 to £3.36M in 2023 (-64.90%). 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
4.83%from £25.11M 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 REICH INSURANCE BROKERS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+20.8%vs 2021+9.9% a year compound (CAGR)
Cash in Bank
-60.6%vs 2021-37.2% a year compound (CAGR)
Total Assets
+0.1%vs 2021+<0.1% a year compound (CAGR)
Total Liabilities
-80%vs 2021-55.2% a year compound (CAGR)
Employees
+10%vs 2021+11Biggest increase
Net Assets+20.8%
£21.80M in 2021 to £26.33M in 2023
Biggest decrease
Total Liabilities-80%
£5.86M in 2021 to £1.17M in 2023
REICH INSURANCE BROKERS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 REICH 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
- 92.50%2023
- Liabilities to total assets
- 4.13%2023
- Cash to liabilities
- 285.78%2023
- Cash to total assets
- 11.79%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 REICH INSURANCE BROKERS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 21.80M | 25.11M | 26.33M |
| Total Assets£ | 28.42M | 31.05M | 28.46M |
| Cash in Bank£ | 8.52M | 9.56M | 3.36M |
| Total Liabilities£ | 5.86M | 5.37M | 1.17M |
| Employees | 110 | 112 | 121 |
REICH INSURANCE BROKERS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has REICH INSURANCE BROKERS LIMITED filed financial statements?
Yes. Okredo holds filed figures for REICH INSURANCE BROKERS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did REICH INSURANCE BROKERS LIMITED report in 2023?
REICH INSURANCE BROKERS LIMITED reported net assets of £26.33M for 2023. That compares with £25.11M in 2022, a change of 4.83%.
What total assets did REICH INSURANCE BROKERS LIMITED report in 2023?
REICH INSURANCE BROKERS LIMITED reported total assets of £28.46M for 2023. That compares with £31.05M in 2022, a change of -8.36%.
What cash in bank did REICH INSURANCE BROKERS LIMITED report in 2023?
REICH INSURANCE BROKERS LIMITED reported cash in bank of £3.36M for 2023. That compares with £9.56M in 2022, a change of -64.90%.
How many people does REICH INSURANCE BROKERS LIMITED employ?
REICH INSURANCE BROKERS LIMITED reported 121 employees in 2023, compared with 112 in 2022.
How have REICH INSURANCE BROKERS LIMITED financials changed over the last 3 years?
Between 2021 and 2023, REICH INSURANCE BROKERS LIMITED's net assets rose by 20.8%, cash in bank fell by 60.6%, total assets rose by 0.1% and total liabilities fell by 80%. Net assets compounded at 9.9% a year across the two years to 2023, from £21.80M to £26.33M. Reported headcount went from 110 in 2021 to 121 in 2023 (+11).
Which years of REICH INSURANCE BROKERS 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.