SQUARE MILE INSURANCE SERVICES LIMITED Financials
- Company number
- 03607262Copy
Copy - Registered office
- 2nd Floor Grove House, 55 Lowlands Road, Harrow, Middlesex HA1 3AW
- Incorporated
- 30/07/1998
Company snapshot
- Status
- Active
- Employees
- 9 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
20.88%vs 20232023: £608.69K
Total Assets
2.41%vs 20232023: £908.40K
Cash in Bank
4.03%vs 20232023: £824.86K
Total Liabilities
-35.18%vs 20232023: £297.18K
Employees
+1vs 20232023: 8
In 2024, SQUARE MILE INSURANCE SERVICES LIMITED reported net assets of £735.79K. The same filing shows total assets of £930.33K, cash in bank of £858.06K and total liabilities of £192.63K. Reported headcount was 9 in 2024. Net Assets rose from £608.69K in 2023 to £735.79K in 2024 (20.88%). 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
20.88%from £608.69K in 2023Year-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 SQUARE MILE INSURANCE SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+47.2%vs 2022+21.3% a year compound (CAGR)
Cash in Bank
+9%vs 2022+4.4% a year compound (CAGR)
Total Assets
+5.7%vs 2022+2.8% a year compound (CAGR)
Total Liabilities
-48.9%vs 2022-28.5% a year compound (CAGR)
Employees
+12.5%vs 2022+1Biggest increase
Net Assets+47.2%
£499.98K in 2022 to £735.79K in 2024
Biggest decrease
Total Liabilities-48.9%
£377.03K in 2022 to £192.63K in 2024
SQUARE MILE INSURANCE SERVICES LIMITED's filings pull in both directions between 2022 and 2024. 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 SQUARE MILE INSURANCE SERVICES 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
- 79.09%2024
- Liabilities to total assets
- 20.71%2024
- Cash to liabilities
- 445.44%2024
- Cash to total assets
- 92.23%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.
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 SQUARE MILE INSURANCE SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 365.85K | 499.98K | 608.69K | 735.79K |
| Total Assets£ | 761.27K | 880.39K | 908.40K | 930.33K |
| Cash in Bank£ | 678.37K | 787.34K | 824.86K | 858.06K |
| Total Liabilities£ | 391.82K | 377.03K | 297.18K | 192.63K |
| Employees | 8 | 8 | 8 | 9 |
SQUARE MILE INSURANCE SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has SQUARE MILE INSURANCE SERVICES LIMITED filed financial statements?
Yes. Okredo holds filed figures for SQUARE MILE INSURANCE SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did SQUARE MILE INSURANCE SERVICES LIMITED report in 2024?
SQUARE MILE INSURANCE SERVICES LIMITED reported net assets of £735.79K for 2024. That compares with £608.69K in 2023, a change of 20.88%.
What total assets did SQUARE MILE INSURANCE SERVICES LIMITED report in 2024?
SQUARE MILE INSURANCE SERVICES LIMITED reported total assets of £930.33K for 2024. That compares with £908.40K in 2023, a change of 2.41%.
What cash in bank did SQUARE MILE INSURANCE SERVICES LIMITED report in 2024?
SQUARE MILE INSURANCE SERVICES LIMITED reported cash in bank of £858.06K for 2024. That compares with £824.86K in 2023, a change of 4.03%.
How many people does SQUARE MILE INSURANCE SERVICES LIMITED employ?
SQUARE MILE INSURANCE SERVICES LIMITED reported 9 employees in 2024, compared with 8 in 2023.
How have SQUARE MILE INSURANCE SERVICES LIMITED financials changed over the last 3 years?
Between 2022 and 2024, SQUARE MILE INSURANCE SERVICES LIMITED's net assets rose by 47.2%, cash in bank rose by 9%, total assets rose by 5.7% and total liabilities fell by 48.9%. Net assets compounded at 21.3% a year across the two years to 2024, from £499.98K to £735.79K. Reported headcount went from 8 in 2022 to 9 in 2024 (+1).
Which years of SQUARE MILE INSURANCE SERVICES LIMITED financial data are available?
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.