cna insurance company limited Company Information
Company Number
00000950
Next Accounts
Sep 2025
Industry
Non-life insurance
Shareholders
cna europe holdings limited
Group Structure
View All
Contact
Registered Address
20 fenchurch street, london, EC3M 3BY
Website
http://www.cnahardy.comcna insurance company limited Estimated Valuation
Pomanda estimates the enterprise value of CNA INSURANCE COMPANY LIMITED at £308.3m based on a Turnover of £234.6m and 1.31x industry multiple (adjusted for size and gross margin).
cna insurance company limited Estimated Valuation
Pomanda estimates the enterprise value of CNA INSURANCE COMPANY LIMITED at £906m based on an EBITDA of £58m and a 15.62x industry multiple (adjusted for size and gross margin).
cna insurance company limited Estimated Valuation
Pomanda estimates the enterprise value of CNA INSURANCE COMPANY LIMITED at £930.7m based on Net Assets of £547.1m and 1.7x industry multiple (adjusted for liquidity).
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Cna Insurance Company Limited Overview
Cna Insurance Company Limited is a live company located in london, EC3M 3BY with a Companies House number of 00000950. It operates in the non-life insurance sector, SIC Code 65120. Founded in February 1864, it's largest shareholder is cna europe holdings limited with a 100% stake. Cna Insurance Company Limited is a mature, mega sized company, Pomanda has estimated its turnover at £234.6m with high growth in recent years.
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Cna Insurance Company Limited Health Check
Pomanda's financial health check has awarded Cna Insurance Company Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 0 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
0 Weak
Size
annual sales of £234.6m, make it larger than the average company (£2.1m)
£234.6m - Cna Insurance Company Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (8.6%)
15% - Cna Insurance Company Limited
8.6% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
100% - Cna Insurance Company Limited
100% - Industry AVG
Profitability
an operating margin of 24.7% make it more profitable than the average company (17.7%)
24.7% - Cna Insurance Company Limited
17.7% - Industry AVG
Employees
with 1438 employees, this is above the industry average (26)
- Cna Insurance Company Limited
26 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Cna Insurance Company Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £163.2k, this is equally as efficient (£163.2k)
- Cna Insurance Company Limited
£163.2k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is earlier than average (216 days)
114 days - Cna Insurance Company Limited
216 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Cna Insurance Company Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cna Insurance Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (18 weeks)
55 weeks - Cna Insurance Company Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.7%, this is a lower level of debt than the average (81.5%)
59.7% - Cna Insurance Company Limited
81.5% - Industry AVG
CNA INSURANCE COMPANY LIMITED financials
Cna Insurance Company Limited's latest turnover from December 2023 is £234.6 million and the company has net assets of £547.1 million. According to their latest financial statements, we estimate that Cna Insurance Company Limited has 1,438 employees and maintains cash reserves of £66.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 234,619,000 | 210,641,000 | 173,037,000 | 153,133,000 | 144,959,000 | 254,598,000 | 235,780,000 | 211,036,000 | 184,635,000 | 183,506,000 | 183,675,000 | 169,704,000 | 167,630,000 | 146,235,000 | 148,891,000 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | 53,240,000 | -40,829,000 | -11,816,000 | 41,395,000 | -2,761,000 | -22,261,000 | -7,101,000 | 34,273,000 | -1,757,000 | 56,535,000 | 19,784,000 | 54,661,000 | 30,036,000 | 41,726,000 | 31,787,000 |
Tax | -7,488,000 | 2,473,000 | -519,000 | -2,561,000 | -700,000 | 1,311,000 | -2,530,000 | -6,157,000 | -1,331,000 | -13,803,000 | -6,901,000 | -15,209,000 | -9,102,000 | -9,873,000 | -18,624,000 |
Profit After Tax | 45,752,000 | -38,356,000 | -12,335,000 | 38,834,000 | -3,461,000 | -20,950,000 | -9,631,000 | 28,116,000 | -3,088,000 | 42,732,000 | 12,883,000 | 39,452,000 | 20,934,000 | 31,853,000 | 13,163,000 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,019,000 | 0 | 0 |
Retained Profit | 45,752,000 | -38,356,000 | -12,335,000 | 38,834,000 | -3,461,000 | -20,950,000 | -9,631,000 | 28,116,000 | -3,088,000 | 42,732,000 | 12,883,000 | 39,452,000 | 12,915,000 | 31,853,000 | 13,163,000 |
Employee Costs | 0 | 0 | 0 | 0 | 0 | 13,538,000 | 13,115,000 | 15,205,000 | 12,417,000 | 22,010,000 | 26,644,000 | 25,180,000 | 25,430,000 | 24,244,000 | 19,700,000 |
Number Of Employees | 108 | 102 | 105 | 95 | 276 | 270 | 283 | 284 | 286 | 256 | |||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,186,881,000 | 1,096,307,000 | 928,143,000 | 874,204,000 | 773,566,000 | 1,052,510,000 | 1,005,510,000 | 944,148,000 | 772,582,000 | 838,407,000 | 819,701,000 | 824,119,000 | 785,780,000 | 745,351,000 | 705,605,000 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 99,000 | 703,000 | 1,360,000 | 2,138,000 | 2,834,000 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,186,881,000 | 1,096,307,000 | 928,143,000 | 874,204,000 | 773,566,000 | 1,052,510,000 | 1,005,609,000 | 944,851,000 | 773,942,000 | 840,545,000 | 822,535,000 | 824,119,000 | 785,780,000 | 745,351,000 | 705,605,000 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 73,772,000 | 78,731,000 | 65,340,000 | 58,553,000 | 46,207,000 | 83,339,000 | 67,768,000 | 67,448,000 | 48,902,000 | 53,173,000 | 55,648,000 | 55,285,000 | 61,302,000 | 58,770,000 | 60,930,000 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 66,488,000 | 65,816,000 | 52,056,000 | 54,238,000 | 43,873,000 | 54,542,000 | 48,057,000 | 31,991,000 | 101,340,000 | 38,408,000 | 28,941,000 | 4,675,000 | 4,764,000 | 9,915,000 | 38,279,000 |
misc current assets | 8,629,000 | 7,739,000 | 5,797,000 | 6,406,000 | 6,938,000 | 11,743,000 | 12,584,000 | 12,839,000 | 10,046,000 | 9,529,000 | 15,546,000 | 12,545,000 | 12,375,000 | 13,040,000 | 12,437,000 |
total current assets | 171,029,000 | 165,597,000 | 134,031,000 | 122,722,000 | 110,404,000 | 162,772,000 | 133,906,000 | 118,106,000 | 172,532,000 | 108,843,000 | 102,988,000 | 75,071,000 | 82,986,000 | 99,268,000 | 125,136,000 |
total assets | 1,357,910,000 | 1,261,904,000 | 1,062,174,000 | 996,926,000 | 883,970,000 | 1,215,282,000 | 1,139,515,000 | 1,062,957,000 | 946,474,000 | 949,388,000 | 925,523,000 | 899,190,000 | 868,766,000 | 844,619,000 | 830,741,000 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 47,739,000 | 52,115,000 | 35,014,000 | 23,940,000 | 21,205,000 | 20,558,000 | 13,495,000 | 20,584,000 | 7,330,000 | 15,007,000 | 9,726,000 | 10,653,000 | 15,431,000 | 16,033,000 | 25,394,000 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 8,735,000 | 1,284,000 | 0 | 0 | 0 | 67,000 | 1,000 | 1,769,000 | 0 | 2,618,000 | 545,000 | 2,226,000 | 1,534,000 | 33,000 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 62,693,000 | 73,728,000 | 56,413,000 | 45,938,000 | 28,741,000 | 41,437,000 | 30,179,000 | 36,166,000 | 19,146,000 | 31,211,000 | 23,070,000 | 27,311,000 | 36,412,000 | 30,260,000 | 41,563,000 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 748,085,000 | 684,362,000 | 595,580,000 | 536,155,000 | 474,875,000 | 785,224,000 | 705,145,000 | 623,052,000 | 563,424,000 | 545,889,000 | 565,283,000 | 553,475,000 | 550,763,000 | 539,403,000 | 547,223,000 |
total liabilities | 810,778,000 | 758,090,000 | 651,993,000 | 582,093,000 | 503,616,000 | 826,661,000 | 735,324,000 | 659,218,000 | 582,570,000 | 577,100,000 | 588,353,000 | 580,786,000 | 587,175,000 | 569,663,000 | 588,786,000 |
net assets | 547,132,000 | 503,814,000 | 410,181,000 | 414,833,000 | 380,354,000 | 388,621,000 | 404,191,000 | 403,739,000 | 363,904,000 | 372,288,000 | 337,170,000 | 318,404,000 | 281,591,000 | 274,956,000 | 241,955,000 |
total shareholders funds | 547,132,000 | 503,814,000 | 410,181,000 | 414,833,000 | 380,354,000 | 388,621,000 | 404,191,000 | 403,739,000 | 363,904,000 | 372,288,000 | 337,170,000 | 318,404,000 | 281,591,000 | 274,956,000 | 241,955,000 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 273,000 | 266,000 | 313,000 | 306,000 | 687,000 | 795,000 | 1,560,000 | 1,328,000 | 1,354,000 | 1,143,000 |
Amortisation | |||||||||||||||
Tax | -7,488,000 | 2,473,000 | -519,000 | -2,561,000 | -700,000 | 1,311,000 | -2,530,000 | -6,157,000 | -1,331,000 | -13,803,000 | -6,901,000 | -15,209,000 | -9,102,000 | -9,873,000 | -18,624,000 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -4,959,000 | 13,391,000 | 6,787,000 | 12,346,000 | -37,132,000 | 15,571,000 | 320,000 | 18,546,000 | -4,271,000 | -2,475,000 | 363,000 | -6,017,000 | 2,532,000 | -2,160,000 | 60,930,000 |
Creditors | -4,376,000 | 17,101,000 | 11,074,000 | 2,735,000 | 647,000 | 7,063,000 | -7,089,000 | 13,254,000 | -7,677,000 | 5,281,000 | -927,000 | -4,778,000 | -602,000 | -9,361,000 | 25,394,000 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | -8,735,000 | 7,451,000 | 1,284,000 | 0 | 0 | -67,000 | 66,000 | -1,768,000 | 1,769,000 | -2,618,000 | 2,073,000 | -1,681,000 | 692,000 | 1,501,000 | 33,000 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 672,000 | 13,760,000 | -2,182,000 | 10,365,000 | -10,669,000 | 6,485,000 | 16,066,000 | -69,349,000 | 62,932,000 | 9,467,000 | 24,266,000 | -89,000 | -5,151,000 | -28,364,000 | 38,279,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 672,000 | 13,760,000 | -2,182,000 | 10,365,000 | -10,669,000 | 6,485,000 | 16,066,000 | -69,349,000 | 62,932,000 | 9,467,000 | 24,266,000 | -89,000 | -5,151,000 | -28,364,000 | 38,279,000 |
cna insurance company limited Credit Report and Business Information
Cna Insurance Company Limited Competitor Analysis
Perform a competitor analysis for cna insurance company limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EC3M area or any other competitors across 12 key performance metrics.
cna insurance company limited Ownership
CNA INSURANCE COMPANY LIMITED group structure
Cna Insurance Company Limited has 1 subsidiary company.
Ultimate parent company
LOEWS CORP
#0008436
2 parents
CNA INSURANCE COMPANY LIMITED
00000950
1 subsidiary
cna insurance company limited directors
Cna Insurance Company Limited currently has 9 directors. The longest serving directors include Mr David Stevens (Oct 2007) and Mr Carl Kearney (Oct 2010).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David Stevens | England | 61 years | Oct 2007 | - | Director |
Mr Carl Kearney | 52 years | Oct 2010 | - | Director | |
Mr Robert Thomson | 69 years | Dec 2016 | - | Director | |
Mr Douglas Worman | 57 years | Sep 2017 | - | Director | |
Mr Jalil Rehman | 60 years | Dec 2018 | - | Director | |
Ms Susan Stone | 63 years | Dec 2021 | - | Director | |
Mr Simon Wood | 57 years | Aug 2022 | - | Director | |
Mr Scott Lindquist | 61 years | Nov 2023 | - | Director | |
Mrs Lisa Skeels | 58 years | Feb 2024 | - | Director |
P&L
December 2023turnover
234.6m
+11%
operating profit
58m
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
547.1m
+0.09%
total assets
1.4b
+0.08%
cash
66.5m
+0.01%
net assets
Total assets minus all liabilities
cna insurance company limited company details
company number
00000950
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
February 1864
age
161
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
maritime insurance company limited (February 2002)
accountant
-
auditor
DELOITTE LLP
address
20 fenchurch street, london, EC3M 3BY
Bank
HSBC BANK PLC
Legal Advisor
-
cna insurance company limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 2 charges/mortgages relating to cna insurance company limited. Currently there are 2 open charges and 0 have been satisfied in the past.
cna insurance company limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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cna insurance company limited Companies House Filings - See Documents
date | description | view/download |
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