SELECT MORTGAGE & FINANCIAL SOLUTIONS LTD Financials
- Company number
- NI051715CopyCopy
- Registered office
- 501 Lisburn Enterprise Centre, Ballinderry Road, Lisburn BT28 2BP
- Incorporated
- 15/09/2004
Company snapshot
- Status
- Active
- Employees
- 10 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-26.97%vs 20222022: £554.83K
Total Assets
-32.53%vs 20222022: £680.20K
Cash in Bank
-26.77%vs 20222022: £566.78K
Total Liabilities
-57.13%vs 20222022: £125.37K
Employees
-1vs 20222022: 11
In 2023, SELECT MORTGAGE & FINANCIAL SOLUTIONS LTD reported net assets of £405.19K. The same filing shows total assets of £458.93K, cash in bank of £415.03K and total liabilities of £53.75K. Reported headcount was 10 in 2023. Total Assets fell from £680.20K in 2022 to £458.93K in 2023 (-32.53%). 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
-26.97%from £554.83K 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 SELECT MORTGAGE & FINANCIAL SOLUTIONS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-10.4%vs 2021-5.3% a year compound (CAGR)
Cash in Bank
+8.2%vs 2021+4% a year compound (CAGR)
Total Assets
-31.3%vs 2021-17.1% a year compound (CAGR)
Total Liabilities
-68.3%vs 2021-43.7% a year compound (CAGR)
Employees
-9.1%vs 2021-1Biggest increase
Cash in Bank+8.2%
£383.73K in 2021 to £415.03K in 2023
Biggest decrease
Total Liabilities-68.3%
£169.61K in 2021 to £53.75K in 2023
SELECT MORTGAGE & FINANCIAL SOLUTIONS LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 SELECT MORTGAGE & FINANCIAL SOLUTIONS LTD'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
- 88.29%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.
- Liabilities to total assets
- 11.71%2023
- 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
- 772.20%2023
- 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
- 90.43%2023
- 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 SELECT MORTGAGE & FINANCIAL SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 452.04K | 554.83K | 405.19K |
| Total Assets£ | 668.24K | 680.20K | 458.93K |
| Cash in Bank£ | 383.73K | 566.78K | 415.03K |
| Total Liabilities£ | 169.61K | 125.37K | 53.75K |
| Employees | 11 | 11 | 10 |
SELECT MORTGAGE & FINANCIAL SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SELECT MORTGAGE & FINANCIAL SOLUTIONS LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SELECT MORTGAGE & FINANCIAL SOLUTIONS LTD reported net assets of £405.19K for 2023. That compares with £554.83K in 2022, a change of -26.97%.
SELECT MORTGAGE & FINANCIAL SOLUTIONS LTD reported total assets of £458.93K for 2023. That compares with £680.20K in 2022, a change of -32.53%.
SELECT MORTGAGE & FINANCIAL SOLUTIONS LTD reported cash in bank of £415.03K for 2023. That compares with £566.78K in 2022, a change of -26.77%.
SELECT MORTGAGE & FINANCIAL SOLUTIONS LTD reported 10 employees in 2023, compared with 11 in 2022.
Between 2021 and 2023, SELECT MORTGAGE & FINANCIAL SOLUTIONS LTD's net assets fell by 10.4%, cash in bank rose by 8.2%, total assets fell by 31.3% and total liabilities fell by 68.3%. Net assets contracted at 5.3% a year across the two years to 2023, from £452.04K to £405.19K. Reported headcount went from 11 in 2021 to 10 in 2023 (-1).
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.