
Company Number
01494399
Next Accounts
Sep 2025
Shareholders
blackwood bidco limited
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
one america square, london, EC3N 2LS
Website
www.minovainsurance.comPomanda estimates the enterprise value of MINOVA INSURANCE HOLDINGS LIMITED at £0 based on a Turnover of £0 and 1.05x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MINOVA INSURANCE HOLDINGS LIMITED at £8.9m based on an EBITDA of £2m and a 4.38x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MINOVA INSURANCE HOLDINGS LIMITED at £28.8m based on Net Assets of £22.1m and 1.31x industry multiple (adjusted for liquidity).
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Minova Insurance Holdings Limited is a live company located in london, EC3N 2LS with a Companies House number of 01494399. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in April 1980, it's largest shareholder is blackwood bidco limited with a 100% stake. Minova Insurance Holdings Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
There is insufficient data available to calculate a health check for Minova Insurance Holdings Limited. Company Health Check FAQs
0 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
with 1 employees, this is below the industry average (104)
- Minova Insurance Holdings Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Minova Insurance Holdings Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.1%, this is a higher level of debt than the average (69.6%)
- - Minova Insurance Holdings Limited
- - Industry AVG
Minova Insurance Holdings Limited's latest turnover from December 2023 is 0 and the company has net assets of £22.1 million. According to their latest financial statements, we estimate that Minova Insurance Holdings Limited has 1 employee and maintains cash reserves of 0 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 | 128,875,000 | 111,631,000 | 102,776,000 | 83,714,000 | 76,480,000 | 67,898,000 | 64,019,000 | 52,886,000 | 50,217,000 | 46,924,000 | |||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | 2,023,000 | -4,311,000 | -546,000 | 1,150,000 | -4,235,000 | 12,455,000 | 2,281,000 | 16,138,000 | 1,307,000 | -3,364,000 | -741,000 | -745,000 | -2,017,000 | 1,308,000 | 461,000 |
Interest Payable | 282,000 | 334,000 | 292,000 | 313,000 | 4,856,000 | 5,644,000 | 5,632,000 | 6,379,000 | 5,660,000 | 2,861,000 | 725,000 | 499,000 | 153,000 | 241,000 | 482,000 |
Interest Receivable | 382,000 | 155,000 | 81,000 | 129,000 | 79,000 | 311,000 | 83,000 | 233,000 | |||||||
Pre-Tax Profit | 1,741,000 | -4,645,000 | -838,000 | 837,000 | -38,937,000 | -21,965,000 | 6,865,000 | -9,907,000 | -13,952,000 | -5,933,000 | -264,000 | -1,213,000 | -2,125,000 | 1,060,000 | 89,000 |
Tax | -215,000 | 843,000 | 107,000 | -93,000 | -2,114,000 | -57,000 | -3,308,000 | -708,000 | -654,000 | 1,301,000 | -973,000 | -739,000 | -1,109,000 | -1,010,000 | -83,000 |
Profit After Tax | 1,526,000 | -3,802,000 | -731,000 | 744,000 | -41,051,000 | -22,022,000 | 3,557,000 | -10,615,000 | -14,606,000 | -4,632,000 | -1,237,000 | -1,952,000 | -3,234,000 | 50,000 | 6,000 |
Dividends Paid | 319,000 | 200,000 | |||||||||||||
Retained Profit | 1,526,000 | -3,802,000 | -731,000 | 744,000 | -41,051,000 | -22,022,000 | 3,557,000 | -10,615,000 | -14,606,000 | -4,951,000 | -1,437,000 | -1,952,000 | -3,106,000 | 91,000 | 6,000 |
Employee Costs | 40,000 | 3,063,000 | 83,054,000 | 77,317,000 | 64,554,000 | 56,453,000 | 54,428,000 | 49,214,000 | 44,895,000 | 37,290,000 | 33,372,000 | 29,731,000 | |||
Number Of Employees | 2 | 510 | 465 | 412 | 371 | 326 | 330 | 325 | 291 | 267 | 267 | ||||
EBITDA* | 2,023,000 | -4,311,000 | -546,000 | 1,150,000 | -4,235,000 | 14,607,000 | 5,229,000 | 19,326,000 | 4,082,000 | -1,091,000 | 562,000 | 16,000 | -390,000 | 2,951,000 | 2,393,000 |
* 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 | 19,901,000 | 5,908,000 | 6,242,000 | 6,867,000 | 6,977,000 | 5,139,000 | 5,063,000 | 1,612,000 | 2,311,000 | 3,566,000 | |||||
Intangible Assets | 5,207,000 | 5,823,000 | 7,888,000 | 2,095,000 | 2,164,000 | 1,759,000 | 926,000 | 1,065,000 | 1,205,000 | 1,346,000 | |||||
Investments & Other | 104,417,000 | 102,727,000 | 102,727,000 | 102,727,000 | 121,571,000 | 4,594,000 | 14,396,000 | 11,715,000 | 10,307,000 | 860,000 | 974,000 | 696,000 | 489,000 | 446,000 | |
Debtors (Due After 1 year) | 23,000 | 47,000 | 23,000 | 28,000 | 5,000 | 12,294,000 | 9,288,000 | 6,586,000 | 5,837,000 | 861,000 | 758,000 | ||||
Total Fixed Assets | 104,440,000 | 102,774,000 | 102,750,000 | 102,755,000 | 121,576,000 | 25,108,000 | 28,619,000 | 37,814,000 | 27,263,000 | 25,285,000 | 7,758,000 | 6,963,000 | 3,373,000 | 4,866,000 | 6,116,000 |
Stock & work in progress | 2,502,000 | ||||||||||||||
Trade Debtors | 162,212,000 | 221,892,000 | 188,894,000 | 225,710,000 | 332,536,000 | ||||||||||
Group Debtors | |||||||||||||||
Misc Debtors | 1,137,000 | 36,000 | 30,000 | 146,000 | 893,000 | 57,808,000 | 58,271,000 | 43,421,000 | 32,221,000 | 14,448,000 | 6,076,000 | 7,865,000 | 3,046,000 | 2,992,000 | |
Cash | 73,000 | 27,000 | 22,587,000 | 20,061,000 | 6,284,000 | 10,767,000 | 21,672,000 | 57,896,000 | 45,016,000 | 40,035,000 | 49,624,000 | 42,093,000 | |||
misc current assets | 1,755,000 | 2,557,000 | 2,557,000 | ||||||||||||
total current assets | 1,137,000 | 36,000 | 30,000 | 219,000 | 920,000 | 73,198,000 | 77,869,000 | 64,555,000 | 54,188,000 | 53,893,000 | 234,556,000 | 274,739,000 | 239,351,000 | 280,937,000 | 380,123,000 |
total assets | 105,577,000 | 102,810,000 | 102,780,000 | 102,974,000 | 122,496,000 | 98,306,000 | 106,488,000 | 102,369,000 | 81,451,000 | 79,178,000 | 242,314,000 | 281,702,000 | 242,724,000 | 285,803,000 | 386,239,000 |
Bank overdraft | |||||||||||||||
Bank loan | 2,500,000 | 178,000 | 671,000 | 621,000 | |||||||||||
Trade Creditors | 201,766,000 | 255,495,000 | 221,150,000 | 263,421,000 | |||||||||||
Group/Directors Accounts | 83,501,000 | 81,899,000 | 76,911,000 | 75,606,000 | 95,920,000 | ||||||||||
other short term finances | 2,902,000 | 12,824,000 | 4,196,000 | 1,455,000 | |||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 15,000 | 821,000 | 9,000 | 9,000 | 24,000 | 41,725,000 | 36,266,000 | 31,329,000 | 28,981,000 | 26,330,000 | 15,818,000 | 18,157,000 | 11,183,000 | 374,263,000 | |
total current liabilities | 83,516,000 | 82,720,000 | 76,920,000 | 75,615,000 | 95,944,000 | 42,056,000 | 41,725,000 | 49,090,000 | 35,525,000 | 30,436,000 | 230,596,000 | 271,313,000 | 239,485,000 | 275,275,000 | 374,884,000 |
loans | 4,690,000 | 1,272,000 | 1,503,000 | 7,500,000 | 7,500,000 | 178,000 | 849,000 | ||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | 455,000 | ||||||||||||||
other liabilities | 1,242,000 | 1,242,000 | 1,242,000 | 78,886,000 | 69,236,000 | 57,680,000 | 48,418,000 | 473,000 | |||||||
provisions | 30,000 | 35,000 | 201,000 | 81,000 | 37,000 | 280,000 | |||||||||
total long term liabilities | 6,399,000 | 20,355,000 | 22,648,000 | 16,649,000 | 116,843,000 | 107,086,000 | 97,315,000 | 75,489,000 | 66,976,000 | 13,403,000 | 13,677,000 | 3,027,000 | 3,795,000 | 7,134,000 | |
total liabilities | 83,516,000 | 89,119,000 | 97,275,000 | 98,263,000 | 112,593,000 | 158,899,000 | 148,811,000 | 146,405,000 | 111,014,000 | 97,412,000 | 243,999,000 | 284,990,000 | 242,512,000 | 279,070,000 | 382,018,000 |
net assets | 22,061,000 | 13,691,000 | 5,505,000 | 4,711,000 | 9,903,000 | -60,593,000 | -42,323,000 | -44,036,000 | -29,563,000 | -18,234,000 | -1,685,000 | -3,288,000 | 212,000 | 6,733,000 | 4,221,000 |
total shareholders funds | 22,061,000 | 13,691,000 | 5,505,000 | 4,711,000 | 9,903,000 | -60,593,000 | -42,323,000 | -44,036,000 | -29,563,000 | -18,234,000 | -1,685,000 | -3,288,000 | 212,000 | 6,733,000 | 4,221,000 |
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 | 2,023,000 | -4,311,000 | -546,000 | 1,150,000 | -4,235,000 | 12,455,000 | 2,281,000 | 16,138,000 | 1,307,000 | -3,364,000 | -741,000 | -745,000 | -2,017,000 | 1,308,000 | 461,000 |
Depreciation | 2,152,000 | 2,298,000 | 2,739,000 | 2,326,000 | 1,943,000 | 1,166,000 | 622,000 | 1,487,000 | 1,502,000 | 1,506,000 | |||||
Amortisation | 650,000 | 449,000 | 449,000 | 330,000 | 137,000 | 139,000 | 140,000 | 141,000 | 426,000 | ||||||
Tax | -215,000 | 843,000 | 107,000 | -93,000 | -2,114,000 | -57,000 | -3,308,000 | -708,000 | -654,000 | 1,301,000 | -973,000 | -739,000 | -1,109,000 | -1,010,000 | -83,000 |
Stock | -2,502,000 | 2,502,000 | |||||||||||||
Debtors | 1,077,000 | 30,000 | -121,000 | -724,000 | 898,000 | -70,102,000 | 2,543,000 | 17,552,000 | 11,949,000 | -138,602,000 | -51,308,000 | 31,209,000 | -32,858,000 | -106,669,000 | 336,286,000 |
Creditors | -201,766,000 | -53,729,000 | 34,345,000 | -42,271,000 | 263,421,000 | ||||||||||
Accruals and Deferred Income | -806,000 | 812,000 | -15,000 | 24,000 | -41,725,000 | 5,459,000 | 4,937,000 | 2,348,000 | 2,651,000 | 10,512,000 | -2,339,000 | 6,974,000 | -363,535,000 | 374,718,000 | |
Deferred Taxes & Provisions | -30,000 | -5,000 | -166,000 | 120,000 | 44,000 | -243,000 | 280,000 | ||||||||
Cash flow from operations | -75,000 | -2,686,000 | -318,000 | 1,766,000 | -7,223,000 | 4,837,000 | 6,003,000 | -6,203,000 | -60,308,000 | 7,514,000 | 194,000 | -3,894,000 | 10,755,000 | 38,520,000 | |
Investing Activities | |||||||||||||||
capital expenditure | -1,337,000 | -10,340,000 | -3,942,000 | -13,797,000 | -1,078,000 | -4,523,000 | -805,000 | -316,000 | -108,000 | ||||||
Change in Investments | 1,690,000 | -18,844,000 | 121,571,000 | -4,594,000 | -9,802,000 | 2,681,000 | 1,408,000 | 9,447,000 | -114,000 | 278,000 | 207,000 | 43,000 | 446,000 | ||
cash flow from investments | 8,465,000 | -13,021,000 | -5,350,000 | -23,244,000 | -964,000 | -4,801,000 | -1,012,000 | -359,000 | -554,000 | ||||||
Financing Activities | |||||||||||||||
Bank loans | -2,500,000 | 2,500,000 | -178,000 | -493,000 | 50,000 | 621,000 | |||||||||
Group/Directors Accounts | 1,602,000 | 4,988,000 | 1,305,000 | -20,314,000 | 95,920,000 | ||||||||||
Other Short Term Loans | -2,902,000 | 2,902,000 | -12,824,000 | 8,628,000 | 2,741,000 | 1,455,000 | |||||||||
Long term loans | -4,690,000 | 3,418,000 | -231,000 | -5,997,000 | 7,500,000 | -178,000 | -671,000 | 849,000 | |||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | -1,242,000 | 1,242,000 | -78,886,000 | 9,650,000 | 11,556,000 | 9,262,000 | 47,945,000 | 473,000 | |||||||
share issue | |||||||||||||||
interest | -282,000 | -334,000 | -292,000 | -313,000 | -4,856,000 | -5,250,000 | -6,224,000 | -5,579,000 | -2,732,000 | -725,000 | -420,000 | 158,000 | -158,000 | -249,000 | |
cash flow from financing | 8,164,000 | 15,400,000 | 2,538,000 | -26,563,000 | 200,951,000 | -14,958,000 | 13,520,000 | 9,470,000 | 26,573,000 | 5,288,000 | 5,354,000 | -3,928,000 | 1,642,000 | 5,436,000 | |
cash and cash equivalents | |||||||||||||||
cash | -73,000 | 46,000 | -22,560,000 | 2,526,000 | 13,777,000 | -4,483,000 | -10,905,000 | -36,224,000 | 12,880,000 | 4,981,000 | -9,589,000 | 7,531,000 | 42,093,000 | ||
overdraft | |||||||||||||||
change in cash | -73,000 | 46,000 | -22,560,000 | 2,526,000 | 13,777,000 | -4,483,000 | -10,905,000 | -36,224,000 | 12,880,000 | 4,981,000 | -9,589,000 | 7,531,000 | 42,093,000 |
Perform a competitor analysis for minova insurance holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mature companies, companies in EC3N area or any other competitors across 12 key performance metrics.
MINOVA INSURANCE HOLDINGS LIMITED group structure
Minova Insurance Holdings Limited has 8 subsidiary companies.
Ultimate parent company
2 parents
MINOVA INSURANCE HOLDINGS LIMITED
01494399
8 subsidiaries
Minova Insurance Holdings Limited currently has 3 directors. The longest serving directors include Mr Nicholas Cook (Nov 2012) and Mr Adam Stafford (Nov 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Nicholas Cook | England | 55 years | Nov 2012 | - | Director |
Mr Adam Stafford | United Kingdom | 46 years | Nov 2019 | - | Director |
Mr Adam Stafford | England | 46 years | Nov 2019 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
2m
-147%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
22.1m
+0.61%
total assets
105.6m
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
company number
01494399
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
April 1980
age
45
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
bms associates limited (June 2014)
trushelfco (no. 317) limited (December 1980)
accountant
-
auditor
DELOITTE LLP
address
one america square, london, EC3N 2LS
Bank
CITIBANK N.A.
Legal Advisor
-
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 6 charges/mortgages relating to minova insurance holdings limited. Currently there are 0 open charges and 6 have been satisfied in the past.
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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