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VARIETY INSURANCE & FINANCIAL SERVICES LIMITED Financials

Company number
02993850Copy
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Registered office
3 High Street, Launceston, Cornwall PL15 8ER
Incorporated
23/11/1994

Company snapshot

Status
Active
Employees
5 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£68.25K2024
-5.71%vs 2023

2023: £72.39K

Total Assets

£4.21K2024
-24.74%vs 2023

2023: £5.59K

Cash in Bank

£56.17K2024
16.34%vs 2023

2023: £48.28K

Total Liabilities

£68.73K2021
First reported year

Employees

52024
0vs 2023

2023: 5

In 2024, VARIETY INSURANCE & FINANCIAL SERVICES LIMITED reported net assets of £68.25K. The same filing shows total assets of £4.21K, cash in bank of £56.17K and total liabilities of £68.73K. Reported headcount was 5 in 2024. Cash in Bank rose from £48.28K in 2023 to £56.17K in 2024 (16.34%). 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

£68.25K2024
-5.71%from £72.39K in 2023

Year-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 VARIETY INSURANCE & FINANCIAL SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£66.38K2022£68.25K2024
+2.8%vs 2022

+1.4% a year compound (CAGR)

Cash in Bank

£47.71K2022£56.17K2024
+17.7%vs 2022

+8.5% a year compound (CAGR)

Total Assets

£3.38K2022£4.21K2024
+24.7%vs 2022

+11.7% a year compound (CAGR)

Employees

4202252024
+25%vs 2022+1

Biggest increase

Employees+25%

4 in 2022 to 5 in 2024

Every indicator Okredo holds for VARIETY INSURANCE & FINANCIAL SERVICES LIMITED rose between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 VARIETY INSURANCE & FINANCIAL 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
1,621.21%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.

Liabilities to total assets
47.84%2021

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
64.01%2021

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
1,334.30%2024

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 VARIETY INSURANCE & FINANCIAL SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£74.92K66.38K72.39K68.25K
Total Assets£143.65K3.38K5.59K4.21K
Cash in Bank£43.99K47.71K48.28K56.17K
Total Liabilities£68.73K–––
Employees3455

VARIETY INSURANCE & FINANCIAL SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has VARIETY INSURANCE & FINANCIAL SERVICES LIMITED filed financial statements?

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Yes. Okredo holds filed figures for VARIETY INSURANCE & FINANCIAL SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did VARIETY INSURANCE & FINANCIAL SERVICES LIMITED report in 2024?

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VARIETY INSURANCE & FINANCIAL SERVICES LIMITED reported net assets of £68.25K for 2024. That compares with £72.39K in 2023, a change of -5.71%.

What total assets did VARIETY INSURANCE & FINANCIAL SERVICES LIMITED report in 2024?

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VARIETY INSURANCE & FINANCIAL SERVICES LIMITED reported total assets of £4.21K for 2024. That compares with £5.59K in 2023, a change of -24.74%.

What cash in bank did VARIETY INSURANCE & FINANCIAL SERVICES LIMITED report in 2024?

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VARIETY INSURANCE & FINANCIAL SERVICES LIMITED reported cash in bank of £56.17K for 2024. That compares with £48.28K in 2023, a change of 16.34%.

How many people does VARIETY INSURANCE & FINANCIAL SERVICES LIMITED employ?

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VARIETY INSURANCE & FINANCIAL SERVICES LIMITED reported 5 employees in 2024, compared with 5 in 2023.

How have VARIETY INSURANCE & FINANCIAL SERVICES LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, VARIETY INSURANCE & FINANCIAL SERVICES LIMITED's net assets rose by 2.8%, cash in bank rose by 17.7%, total assets rose by 24.7% and employee numbers rose by 25%. Net assets compounded at 1.4% a year across the two years to 2024, from £66.38K to £68.25K. Reported headcount went from 4 in 2022 to 5 in 2024 (+1).

Which years of VARIETY INSURANCE & FINANCIAL SERVICES LIMITED financial data are available?

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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.