THE FIRST CHOICE INSURANCE CONSULTANTS LIMITED Financials
- Company number
- 05366331Copy
Copy - Registered office
- 85 Hazeldell, Watton At Stone, Hertford SG14 3SP
- Incorporated
- 16/02/2005
Company snapshot
- Status
- Active
- Employees
- 4 (2023)
- Latest financial data
- 2023
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
1.37%vs 20222022: £148.51K
Total Assets
-15.51%vs 20222022: £268.68K
Total Liabilities
-36.37%vs 20222022: £120.18K
Employees
-1vs 20222022: 5
In 2023, THE FIRST CHOICE INSURANCE CONSULTANTS LIMITED reported net assets of £150.55K. The same filing shows total assets of £227.01K and total liabilities of £76.46K. Reported headcount was 4 in 2023. Total Liabilities fell from £120.18K in 2022 to £76.46K in 2023 (-36.37%). 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
1.37%from £148.51K 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 THE FIRST CHOICE INSURANCE CONSULTANTS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+2.6%vs 2021+1.3% a year compound (CAGR)
Total Assets
-31.2%vs 2021-17% a year compound (CAGR)
Total Liabilities
-58.3%vs 2021-35.4% a year compound (CAGR)
Employees
-42.9%vs 2021-3Biggest increase
Net Assets+2.6%
£146.67K in 2021 to £150.55K in 2023
Biggest decrease
Total Liabilities-58.3%
£183.15K in 2021 to £76.46K in 2023
THE FIRST CHOICE INSURANCE CONSULTANTS 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 THE FIRST CHOICE INSURANCE CONSULTANTS 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
- 66.32%2023
- Liabilities to total assets
- 33.68%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for THE FIRST CHOICE INSURANCE CONSULTANTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 146.67K | 148.51K | 150.55K |
| Total Assets£ | 329.82K | 268.68K | 227.01K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 183.15K | 120.18K | 76.46K |
| Employees | 7 | 5 | 4 |
THE FIRST CHOICE INSURANCE CONSULTANTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has THE FIRST CHOICE INSURANCE CONSULTANTS LIMITED filed financial statements?
Yes. Okredo holds filed figures for THE FIRST CHOICE INSURANCE CONSULTANTS LIMITED covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.
What net assets did THE FIRST CHOICE INSURANCE CONSULTANTS LIMITED report in 2023?
THE FIRST CHOICE INSURANCE CONSULTANTS LIMITED reported net assets of £150.55K for 2023. That compares with £148.51K in 2022, a change of 1.37%.
What total assets did THE FIRST CHOICE INSURANCE CONSULTANTS LIMITED report in 2023?
THE FIRST CHOICE INSURANCE CONSULTANTS LIMITED reported total assets of £227.01K for 2023. That compares with £268.68K in 2022, a change of -15.51%.
What total liabilities did THE FIRST CHOICE INSURANCE CONSULTANTS LIMITED report in 2023?
THE FIRST CHOICE INSURANCE CONSULTANTS LIMITED reported total liabilities of £76.46K for 2023. That compares with £120.18K in 2022, a change of -36.37%.
How many people does THE FIRST CHOICE INSURANCE CONSULTANTS LIMITED employ?
THE FIRST CHOICE INSURANCE CONSULTANTS LIMITED reported 4 employees in 2023, compared with 5 in 2022.
How have THE FIRST CHOICE INSURANCE CONSULTANTS LIMITED financials changed over the last 3 years?
Between 2021 and 2023, THE FIRST CHOICE INSURANCE CONSULTANTS LIMITED's net assets rose by 2.6%, total assets fell by 31.2%, total liabilities fell by 58.3% and employee numbers fell by 42.9%. Net assets compounded at 1.3% a year across the two years to 2023, from £146.67K to £150.55K. Reported headcount went from 7 in 2021 to 4 in 2023 (-3).
Which years of THE FIRST CHOICE INSURANCE CONSULTANTS 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.