british reserve insurance company limited

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british reserve insurance company limited Company Information

Share BRITISH RESERVE INSURANCE COMPANY LIMITED

Company Number

00307622

Shareholders

marco capital holdings limited

Group Structure

View All

Industry

Non-life insurance

 

Registered Address

24 monument street, 4th floor, london, EC3R 8AJ

british reserve insurance company limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BRITISH RESERVE INSURANCE COMPANY LIMITED at £0 based on a Turnover of £0 and 0.57x industry multiple (adjusted for size and gross margin).

british reserve insurance company limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BRITISH RESERVE INSURANCE COMPANY LIMITED at £0 based on an EBITDA of £-243.4k and a 6.3x industry multiple (adjusted for size and gross margin).

british reserve insurance company limited Estimated Valuation

£10.5m

Pomanda estimates the enterprise value of BRITISH RESERVE INSURANCE COMPANY LIMITED at £10.5m based on Net Assets of £6.4m and 1.64x industry multiple (adjusted for liquidity).

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British Reserve Insurance Company Limited Overview

British Reserve Insurance Company Limited is a live company located in london, EC3R 8AJ with a Companies House number of 00307622. It operates in the non-life insurance sector, SIC Code 65120. Founded in November 1935, it's largest shareholder is marco capital holdings limited with a 100% stake. British Reserve Insurance Company Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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British Reserve Insurance Company Limited Health Check

Pomanda's financial health check has awarded British Reserve Insurance Company Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

0 Regular

positive_score

1 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

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production

Production

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - British Reserve Insurance Company Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (26)

- - British Reserve Insurance Company Limited

- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - British Reserve Insurance Company Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 440 weeks, this is more cash available to meet short term requirements (18 weeks)

- - British Reserve Insurance Company Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 52.2%, this is a lower level of debt than the average (81.4%)

- - British Reserve Insurance Company Limited

- - Industry AVG

BRITISH RESERVE INSURANCE COMPANY LIMITED financials

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British Reserve Insurance Company Limited's latest turnover from December 2023 is 0 and the company has net assets of £6.4 million. According to their latest financial statements, we estimate that British Reserve Insurance Company Limited has 1 employee and maintains cash reserves of £2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover8,272,000-195,00084,000122,000112,000204,0005,510,0009,016,0008,737,0008,343,0008,061,0007,739,0008,162,000
Other Income Or Grants
Cost Of Sales1191,0416,373549,3141,560,8491,995,4892,074,8292,179,1732,283,196
Gross Profit8,271,881-195,00084,000122,000110,959197,6274,960,6867,455,1516,741,5116,268,1715,881,8275,455,804
Admin Expenses243,374-182,4478,310,683-25,534-17,603-190,42264,183-320,4241,296,9432,131,5143,205,0112,134,3422,934,4582,034,951-5,482,830
Operating Profit-243,374182,447-38,802-169,466101,603312,42246,776518,0513,663,7435,323,6373,536,5004,133,8292,947,3693,420,8535,482,830
Interest Payable
Interest Receivable71,374227,43023,8033,4668661,1591,3738,19917,5082,9456,35814,85521,55019,4257,448
Pre-Tax Profit-225,000410,000-18,000-195,000102,000314,00073,000477,0003,700,0005,349,0003,557,0004,196,0002,955,0003,426,0005,490,000
Tax53,000-78,0003,00029,000-19,000-60,000-34,000-56,000-755,0001,141,000-829,000-1,043,000-758,000-949,000-1,537,000
Profit After Tax-172,000332,000-15,000-166,00083,000254,00039,000421,0002,945,0004,208,0002,728,0003,153,0002,197,0002,477,0003,953,000
Dividends Paid3,200,000
Retained Profit-172,000332,000-15,000-3,366,00083,000254,00039,000421,0002,945,0004,208,0002,728,0003,153,0002,197,0002,477,0003,953,000
Employee Costs106,3562,024,1553,236,3393,173,7452,997,0583,113,6232,800,627
Number Of Employees11551112396162606158
EBITDA*-243,374182,447-38,802-169,466101,603312,42246,776518,0513,663,7435,323,6373,536,5004,133,8292,947,3693,420,8535,482,830

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets11,083,00013,792,0003,295,0003,0001,207,0001,076,0001,058,000731,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets11,083,00013,792,0003,295,0003,0001,207,0001,076,0001,058,000731,000
Stock & work in progress
Trade Debtors18,00019,00032,0001,812,0002,632,0004,214,0003,250,0003,141,0003,050,0005,266,0006,000,00010,016,00010,451,0009,722,00010,021,000
Group Debtors
Misc Debtors
Cash2,000,000719,00012,277,0006,765,000167,00064,000245,000304,0006,255,000748,000430,0002,113,0003,829,0004,791,0002,979,000
misc current assets377,000393,0002,596,0002,858,0008,669,00038,603,00037,088,00039,729,00037,346,00031,632,00030,439,000
total current assets2,379,000997,00012,653,0008,654,00012,731,00014,463,00013,152,00018,947,00018,050,00050,510,00045,644,00052,657,00052,226,00046,464,00043,440,000
total assets13,462,00014,789,00015,948,0008,654,00012,731,00014,463,00013,152,00018,947,00018,050,00050,510,00045,647,00053,864,00053,302,00047,522,00044,171,000
Bank overdraft
Bank loan
Trade Creditors 33,00034,000254,0002,045,0002,860,0004,476,0003,746,0003,660,0003,724,0003,230,0004,796,0004,789,0005,130,0006,454,0007,406,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities236,000698,0001,692,0002,331,0003,011,0004,742,0003,819,0009,389,0009,486,0008,142,0007,187,00013,477,00016,280,00014,403,00013,665,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities6,797,0007,490,0007,987,00039,00070,000108,000148,000169,0004,614,0005,612,0009,409,0009,861,0008,281,0008,116,000
total liabilities7,033,0008,188,0009,679,0002,370,0003,081,0004,850,0003,967,0009,558,0009,486,00012,756,00012,799,00022,886,00026,141,00022,684,00021,781,000
net assets6,429,0006,601,0006,269,0006,284,0009,650,0009,613,0009,185,0009,389,0008,564,00037,754,00032,848,00030,978,00027,161,00024,838,00022,390,000
total shareholders funds6,429,0006,601,0006,269,0006,284,0009,650,0009,613,0009,185,0009,389,0008,564,00037,754,00032,848,00030,978,00027,161,00024,838,00022,390,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-243,374182,447-38,802-169,466101,603312,42246,776518,0513,663,7435,323,6373,536,5004,133,8292,947,3693,420,8535,482,830
Depreciation
Amortisation
Tax53,000-78,0003,00029,000-19,000-60,000-34,000-56,000-755,0001,141,000-829,000-1,043,000-758,000-949,000-1,537,000
Stock
Debtors-1,000-13,000-1,780,000-820,000-1,582,000964,000109,00091,000-2,216,000-734,000-4,016,000-435,000729,000-299,00010,021,000
Creditors-1,000-220,000-1,791,000-815,000-1,616,000730,00086,000-64,000494,000-1,566,0007,000-341,000-1,324,000-952,0007,406,000
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-190,374-102,553-46,802-135,46648,60318,422-10,224307,0515,618,7435,632,6376,730,5003,184,829136,3691,818,8531,330,830
Investing Activities
capital expenditure2,709,000-10,497,000-3,295,0003,0001,204,000-131,000-18,000-327,000-731,000
Change in Investments
cash flow from investments2,709,000-10,497,000-3,295,0003,0001,204,000-131,000-18,000-327,000-731,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-46,000174,000-243,000404,000-32,135,000698,000-858,000664,000126,000-29,00018,437,000
interest71,374227,43023,8033,4668661,1591,3738,19917,5082,9456,35814,85521,55019,4257,448
cash flow from financing71,374227,43023,8033,466-45,134175,159-241,627412,199-32,117,492700,945-851,642678,855147,550-9,57518,444,448
cash and cash equivalents
cash1,281,000-11,558,0005,512,0006,598,000103,000-181,000-59,000-5,951,0005,507,000318,000-1,683,000-1,716,000-962,0001,812,0002,979,000
overdraft
change in cash1,281,000-11,558,0005,512,0006,598,000103,000-181,000-59,000-5,951,0005,507,000318,000-1,683,000-1,716,000-962,0001,812,0002,979,000

british reserve insurance company limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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British Reserve Insurance Company Limited Competitor Analysis

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Perform a competitor analysis for british reserve insurance company limited 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.

british reserve insurance company limited Ownership

BRITISH RESERVE INSURANCE COMPANY LIMITED group structure

British Reserve Insurance Company Limited has no subsidiary companies.

Ultimate parent company

ALLIANZ SE

#0023640

2 parents

BRITISH RESERVE INSURANCE COMPANY LIMITED

00307622

BRITISH RESERVE INSURANCE COMPANY LIMITED Shareholders

marco capital holdings limited 100%

british reserve insurance company limited directors

British Reserve Insurance Company Limited currently has 6 directors. The longest serving directors include Mr Dieter Wemmer (Dec 2020) and Mr Simon Minshall (Dec 2020).

officercountryagestartendrole
Mr Dieter WemmerEngland68 years Dec 2020- Director
Mr Simon MinshallEngland59 years Dec 2020- Director
Mr Philip RookeEngland55 years Dec 2020- Director
Mr Rolf TolleEngland77 years Dec 2020- Director
Dr Monika Sebold-BenderEngland62 years Dec 2020- Director
Mr Robert GreggUnited Kingdom57 years Mar 2024- Director

P&L

December 2023

turnover

0

0%

operating profit

-243.4k

0%

gross margin

0%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

6.4m

-0.03%

total assets

13.5m

-0.09%

cash

2m

+1.78%

net assets

Total assets minus all liabilities

british reserve insurance company limited company details

company number

00307622

Type

Private limited with Share Capital

industry

65120 - Non-life insurance

incorporation date

November 1935

age

90

incorporated

UK

ultimate parent company

ALLIANZ SE

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

MAZARS LLP

address

24 monument street, 4th floor, london, EC3R 8AJ

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

british reserve 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 british reserve insurance company limited. Currently there are 1 open charges and 1 have been satisfied in the past.

british reserve 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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british reserve insurance company limited Companies House Filings - See Documents

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