institute of london underwriters
institute of london underwriters Company Information
Company Number
00019900
Website
www.iua.co.ukRegistered Address
1 minster court mincing lane, london, EC3R 7AA
Industry
Other activities auxiliary to insurance and pension funding
Telephone
02076174444
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
-0%
institute of london underwriters Estimated Valuation
Pomanda estimates the enterprise value of INSTITUTE OF LONDON UNDERWRITERS at £0 based on a Turnover of £0 and 0.9x industry multiple (adjusted for size and gross margin).
institute of london underwriters Estimated Valuation
Pomanda estimates the enterprise value of INSTITUTE OF LONDON UNDERWRITERS at £0 based on an EBITDA of £-19k and a 4.68x industry multiple (adjusted for size and gross margin).
institute of london underwriters Estimated Valuation
Pomanda estimates the enterprise value of INSTITUTE OF LONDON UNDERWRITERS at £1.5m based on Net Assets of £560k and 2.7x industry multiple (adjusted for liquidity).
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Institute Of London Underwriters Overview
Institute Of London Underwriters is a live company located in london, EC3R 7AA with a Companies House number of 00019900. It operates in the other activities auxiliary to insurance and pension funding sector, SIC Code 66290. Founded in June 1884, it's largest shareholder is unknown. Institute Of London Underwriters is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Institute Of London Underwriters Health Check
Pomanda's financial health check has awarded Institute Of London Underwriters a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Institute Of London Underwriters
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (6.6%)
- - Institute Of London Underwriters
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Institute Of London Underwriters
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Institute Of London Underwriters
- - Industry AVG
Employees
with 2 employees, this is below the industry average (33)
- - Institute Of London Underwriters
- - Industry AVG
Pay Structure
on an average salary of £58.1k, the company has an equivalent pay structure (£58.1k)
- Institute Of London Underwriters
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- - Institute Of London Underwriters
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Institute Of London Underwriters
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Institute Of London Underwriters
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Institute Of London Underwriters
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4612 weeks, this is more cash available to meet short term requirements (24 weeks)
- - Institute Of London Underwriters
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.4%, this is a similar level of debt than the average (71.1%)
- - Institute Of London Underwriters
- - Industry AVG
INSTITUTE OF LONDON UNDERWRITERS financials
Institute Of London Underwriters's latest turnover from December 2023 is 0 and the company has net assets of £560 thousand. According to their latest financial statements, Institute Of London Underwriters has 2 employees and maintains cash reserves of £1.8 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 | 0 | 0 | 200,000 | 400,000 | 0 | 200,000 | 200 | 0 | 84,000 | 139,000 | 162,000 | 258,000 | 2,939,000 | 6,754,000 | 6,991,000 |
| Other Income Or Grants | 200,000 | 200,000 | 0 | 0 | 10,000 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Gross Profit | 200,000 | 200,000 | 200,000 | 400,000 | 10,000 | 200,000 | 200 | 0 | |||||||
| Admin Expenses | 219,000 | 191,000 | 185,000 | 196,000 | 177,000 | 159,000 | 182 | 173,000 | |||||||
| Operating Profit | -19,000 | 9,000 | 15,000 | 204,000 | -167,000 | 41,000 | 18 | -173,000 | -80,000 | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 18,000 | 1,000 | 0 | 0 | 1,000 | 0 | 0 | 0 | 1,000 | 4,000 | 2,000 | 1,000 | 1,000 | 1,000 | 2,000 |
| Pre-Tax Profit | -1,000 | 10,000 | 15,000 | 204,000 | -166,000 | 41,000 | 18 | -173,000 | -79,000 | 4,000 | 2,000 | 1,000 | 726,000 | -503,000 | 43,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -1,000 | 10,000 | 15,000 | 204,000 | -166,000 | 41,000 | 18 | -173,000 | -79,000 | 4,000 | 2,000 | 1,000 | 726,000 | -503,000 | 43,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -1,000 | 10,000 | 15,000 | 204,000 | -166,000 | 41,000 | 18 | -173,000 | -79,000 | 4,000 | 2,000 | 1,000 | 726,000 | -503,000 | 43,000 |
| Employee Costs | 25,000 | 25,000 | 27,000 | 27 | 33,000 | 63,000 | 64,000 | 52,000 | 52,000 | 105,000 | 99,000 | 177,000 | |||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2,000 | 3 | 4 | 3 | 2 | 2 | |||
| EBITDA* | -19,000 | 9,000 | 15,000 | 204,000 | -167,000 | 41,000 | 18 | -172,000 | -80,000 |
* 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 2,000 | 0 | 1,000 | 3,000 | 5,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 2,000 | 0 | 1,000 | 3,000 | 5,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 10,000 | 28,000 | 4 | 12,000 | 17,000 | 20,000 | 65,000 | 63,000 | 237,000 | 319,000 | 219,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 53,000 | 74,000 | 109,000 | 40,000 | 37,000 | 118,000 | 219 | 33,000 | 35,000 | 37,000 | 25,000 | 22,000 | 18,000 | 1,401,000 | 1,651,000 |
| Cash | 1,774,000 | 1,786,000 | 1,753,000 | 1,489,000 | 1,314,000 | 1,389,000 | 1,253 | 1,424,000 | 1,594,000 | 1,750,000 | 1,523,000 | 1,725,000 | 1,100,000 | 597,000 | 954,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,827,000 | 1,860,000 | 1,862,000 | 1,529,000 | 1,361,000 | 1,535,000 | 1,476 | 1,469,000 | 1,646,000 | 1,807,000 | 1,613,000 | 1,810,000 | 1,355,000 | 2,317,000 | 2,824,000 |
| total assets | 1,827,000 | 1,860,000 | 1,862,000 | 1,529,000 | 1,361,000 | 1,535,000 | 1,476 | 1,469,000 | 1,647,000 | 1,808,000 | 1,615,000 | 1,810,000 | 1,356,000 | 2,320,000 | 2,829,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 140,000 | 82,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 2,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 20,000 | 21,000 | 19,000 | 16,000 | 27,000 | 28,000 | 15 | 13,000 | 20,000 | 20,000 | 31,000 | 71,000 | 29,000 | 2,111,000 | 1,600,000 |
| total current liabilities | 20,000 | 21,000 | 19,000 | 16,000 | 27,000 | 28,000 | 15 | 13,000 | 20,000 | 20,000 | 31,000 | 71,000 | 29,000 | 2,253,000 | 1,684,000 |
| loans | 1,247,000 | 1,278,000 | 1,292,000 | 977,000 | 1,002,000 | 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 | 84,000 | 223,000 | 385,000 | 643,000 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 1,009,000 | 1,004 | 1,017,000 | 1,015,000 | 1,013,000 | 674,000 | 669,000 | 0 | 0 | 373,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 109,000 | 311,000 |
| total long term liabilities | 1,247,000 | 1,278,000 | 1,292,000 | 977,000 | 1,002,000 | 1,009,000 | 1,004 | 1,017,000 | 1,015,000 | 1,097,000 | 897,000 | 1,054,000 | 643,000 | 109,000 | 684,000 |
| total liabilities | 1,267,000 | 1,299,000 | 1,311,000 | 993,000 | 1,029,000 | 1,037,000 | 1,019 | 1,030,000 | 1,035,000 | 1,117,000 | 928,000 | 1,125,000 | 672,000 | 2,362,000 | 2,368,000 |
| net assets | 560,000 | 561,000 | 551,000 | 536,000 | 332,000 | 498,000 | 457 | 439,000 | 612,000 | 691,000 | 687,000 | 685,000 | 684,000 | -42,000 | 461,000 |
| total shareholders funds | 560,000 | 561,000 | 551,000 | 536,000 | 332,000 | 498,000 | 457 | 439,000 | 612,000 | 691,000 | 687,000 | 685,000 | 684,000 | -42,000 | 461,000 |
| 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 | -19,000 | 9,000 | 15,000 | 204,000 | -167,000 | 41,000 | 18 | -173,000 | -80,000 | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 | 0 | 0 | 1,000 | 2,000 | 3,000 | 5,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -21,000 | -35,000 | 69,000 | -7,000 | -99,000 | 145,777 | -44,777 | -7,000 | -5,000 | -33,000 | 5,000 | -170,000 | -1,465,000 | -150,000 | 1,870,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -140,000 | 58,000 | 82,000 |
| Accruals and Deferred Income | -1,000 | 2,000 | 3,000 | -11,000 | -1,000 | 27,985 | -12,985 | -7,000 | -84,000 | -150,000 | -202,000 | -216,000 | -1,439,000 | 511,000 | 1,600,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -109,000 | -202,000 | 311,000 |
| Cash flow from operations | 1,000 | 46,000 | -51,000 | 200,000 | -69,000 | -76,792 | 31,810 | -172,000 | -159,000 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | -2,000 | 0 | 0 | -1,000 | -4,000 | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | -2,000 | 0 | 0 | -1,000 | -4,000 | |||||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,000 | 0 | 2,000 |
| Long term loans | -31,000 | -14,000 | 315,000 | -25,000 | 1,002,000 | 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 | -1,009,000 | 1,007,996 | -1,015,996 | 2,000 | 2,000 | 339,000 | 5,000 | 669,000 | 0 | -373,000 | 373,000 |
| share issue | |||||||||||||||
| interest | 18,000 | 1,000 | 0 | 0 | 1,000 | 0 | 0 | 0 | 1,000 | 4,000 | 2,000 | 1,000 | 1,000 | 1,000 | 2,000 |
| cash flow from financing | -13,000 | -13,000 | 315,000 | -25,000 | -6,000 | 1,464,539 | -1,454,557 | 2,000 | 3,000 | 343,000 | 7,000 | 670,000 | -1,000 | -372,000 | 795,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -12,000 | 33,000 | 264,000 | 175,000 | -75,000 | 1,387,747 | -1,422,747 | -170,000 | -156,000 | 227,000 | -202,000 | 625,000 | 503,000 | -357,000 | 954,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -12,000 | 33,000 | 264,000 | 175,000 | -75,000 | 1,387,747 | -1,422,747 | -170,000 | -156,000 | 227,000 | -202,000 | 625,000 | 503,000 | -357,000 | 954,000 |
institute of london underwriters Credit Report and Business Information
Institute Of London Underwriters Competitor Analysis
Perform a competitor analysis for institute of london underwriters by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mature companies, companies in EC3R area or any other competitors across 12 key performance metrics.
institute of london underwriters Ownership
INSTITUTE OF LONDON UNDERWRITERS group structure
Institute Of London Underwriters has no subsidiary companies.
Ultimate parent company
INSTITUTE OF LONDON UNDERWRITERS
00019900
institute of london underwriters directors
Institute Of London Underwriters currently has 5 directors. The longest serving directors include Mr Stephen Fletcher (Jan 1999) and Mr Dave Matcham (Jul 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Fletcher | 73 years | Jan 1999 | - | Director | |
| Mr Dave Matcham | United Kingdom | 63 years | Jul 2004 | - | Director |
| Mr Richard Hudson | United Kingdom | 72 years | Mar 2009 | - | Director |
| Mr Robert Howe | England | 72 years | Sep 2010 | - | Director |
| Mr Alan Fowler | United Kingdom | 71 years | Dec 2019 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
-19k
-311%
gross margin
null%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
560k
0%
total assets
1.8m
-0.02%
cash
1.8m
-0.01%
net assets
Total assets minus all liabilities
Similar Companies
institute of london underwriters company details
company number
00019900
Type
Private Ltd By Guarantee w/o Share Cap
industry
66290 - Other activities auxiliary to insurance and pension funding
incorporation date
June 1884
age
140
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
KRESTON REEVES LLP
address
1 minster court mincing lane, london, EC3R 7AA
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
institute of london underwriters 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 did not find charges/mortgages relating to institute of london underwriters.
institute of london underwriters Companies House Filings - See Documents
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