status insurance management limited

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status insurance management limited Company Information

Share STATUS INSURANCE MANAGEMENT LIMITED

Company Number

01785590

Shareholders

explorer insurance services ltd

susan o'sullivan

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Group Structure

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Industry

Life insurance

 +1

Registered Address

first floor, jebsen house, 53-61 high street, ruislip, middlesex, HA4 7BD

status insurance management limited Estimated Valuation

£609.7k

Pomanda estimates the enterprise value of STATUS INSURANCE MANAGEMENT LIMITED at £609.7k based on a Turnover of £1.1m and 0.58x industry multiple (adjusted for size and gross margin).

status insurance management limited Estimated Valuation

£244.9k

Pomanda estimates the enterprise value of STATUS INSURANCE MANAGEMENT LIMITED at £244.9k based on an EBITDA of £36.4k and a 6.73x industry multiple (adjusted for size and gross margin).

status insurance management limited Estimated Valuation

£213.8k

Pomanda estimates the enterprise value of STATUS INSURANCE MANAGEMENT LIMITED at £213.8k based on Net Assets of £125.7k and 1.7x industry multiple (adjusted for liquidity).

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Status Insurance Management Limited Overview

Status Insurance Management Limited is a live company located in ruislip, HA4 7BD with a Companies House number of 01785590. It operates in the life insurance sector, SIC Code 65110. Founded in January 1984, it's largest shareholder is explorer insurance services ltd with a 50% stake. Status Insurance Management Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.1m with low growth in recent years.

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Status Insurance Management Limited Health Check

Pomanda's financial health check has awarded Status Insurance Management Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £1.1m, make it smaller than the average company (£1.6m)

£1.1m - Status Insurance Management Limited

£1.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (8.6%)

3% - Status Insurance Management Limited

8.6% - Industry AVG

production

Production

with a gross margin of 99.9%, this company has a comparable cost of product (99.9%)

99.9% - Status Insurance Management Limited

99.9% - Industry AVG

profitability

Profitability

an operating margin of 2.2% make it less profitable than the average company (12.5%)

2.2% - Status Insurance Management Limited

12.5% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (21)

7 - Status Insurance Management Limited

21 - Industry AVG

paystructure

Pay Structure

on an average salary of £63.5k, the company has an equivalent pay structure (£63.5k)

£63.5k - Status Insurance Management Limited

£63.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £150.9k, this is equally as efficient (£150.9k)

£150.9k - Status Insurance Management Limited

£150.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Status Insurance Management Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Status Insurance Management Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Status Insurance Management Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 111 weeks, this is more cash available to meet short term requirements (14 weeks)

111 weeks - Status Insurance Management Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 35.8%, this is a lower level of debt than the average (87%)

35.8% - Status Insurance Management Limited

87% - Industry AVG

STATUS INSURANCE MANAGEMENT LIMITED financials

EXPORTms excel logo

Status Insurance Management Limited's latest turnover from December 2023 is estimated at £1.1 million and the company has net assets of £125.7 thousand. According to their latest financial statements, Status Insurance Management Limited has 7 employees and maintains cash reserves of £149.7 thousand 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
Turnover1,056,0011,011,6001,005,686970,484953,6941,119,423939,068864,401074,56957,59741,47962,06968,0070
Other Income Or Grants000000000000000
Cost Of Sales1,6364,83211,68110,31016,62458,17927,59849,015011,90811,4448,53414,67418,8860
Gross Profit1,054,3651,006,768994,005960,175937,0701,061,243911,470815,386062,66146,15332,94547,39449,1210
Admin Expenses1,031,587899,1781,000,0941,025,850953,8111,059,348905,907781,012-15,30860,63043,76930,71130,65043,840-26,750
Operating Profit22,778107,590-6,089-65,675-16,7411,8955,56334,37415,3082,0312,3842,23416,7445,28126,750
Interest Payable4,4544,5293,1251,52500000000000
Interest Receivable6,5601,9076242400486316110140145158140783414
Pre-Tax Profit24,885104,968-9,152-67,158-16,3412,3815,87934,48415,4482,1762,5422,37416,8225,31526,764
Tax-6,221-19,944000-452-1,117-6,897-3,089-457-585-570-4,374-1,488-7,494
Profit After Tax18,66485,024-9,152-67,158-16,3411,9294,76227,58712,3581,7191,9571,80412,4483,82719,270
Dividends Paid000000000000000
Retained Profit18,66485,024-9,152-67,158-16,3411,9294,76227,58712,3581,7191,9571,80412,4483,82719,270
Employee Costs444,695423,630408,346387,604378,585433,169370,232353,704051,49949,03247,62348,29546,8510
Number Of Employees777778770111110
EBITDA*36,364123,0264,092-53,6713,15526,90125,50548,01322,94910,32711,07314,36225,16412,24030,567

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets16,76423,15022,21717,43916,95723,89525,72922,42312,58711,52012,78716,07316,41516,2749,881
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets16,76423,15022,21717,43916,95723,89525,72922,42312,58711,52012,78716,07316,41516,2749,881
Stock & work in progress000000000000000
Trade Debtors00000000041,17231,33122,03632,69734,41347,318
Group Debtors002,3162,3162,5142,5142,5145,0945,094000000
Misc Debtors29,34943,65753,35128,00845,23838,51936,14737,45044,94164000000
Cash149,705100,2158,75740,89643,90662,68367,01859,40528,34627,65130,41132,73723,1247,9475,626
misc current assets000000000000000
total current assets179,054143,87264,42471,22091,658103,716105,679101,94978,38169,46361,74254,77355,82142,36052,944
total assets195,818167,02286,64188,659108,615127,611131,408124,37290,96880,98374,52970,84672,23658,63462,825
Bank overdraft33,81945,35550,00050,00000000000000
Bank loan000000000000000
Trade Creditors 00000000012,9588,2236,4979,6918,53716,555
Group/Directors Accounts15,23100000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities21,07014,63314,6317,49710,29512,95018,67616,40210,585000000
total current liabilities70,12059,98864,63157,49710,29512,95018,67616,40210,58512,9588,2236,4979,6918,53716,555
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities70,12059,98864,63157,49710,29512,95018,67616,40210,58512,9588,2236,4979,6918,53716,555
net assets125,698107,03422,01031,16298,320114,661112,732107,97080,38368,02566,30664,34962,54550,09746,270
total shareholders funds125,698107,03422,01031,16298,320114,661112,732107,97080,38368,02566,30664,34962,54550,09746,270
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit22,778107,590-6,089-65,675-16,7411,8955,56334,37415,3082,0312,3842,23416,7445,28126,750
Depreciation13,58615,43610,18112,00419,89625,00619,94213,6397,6418,2968,68912,1288,4206,9593,817
Amortisation000000000000000
Tax-6,221-19,944000-452-1,117-6,897-3,089-457-585-570-4,374-1,488-7,494
Stock000000000000000
Debtors-14,308-12,01025,343-17,4286,7192,372-3,883-7,4918,22310,4819,295-10,661-1,716-12,90547,318
Creditors00000000-12,9584,7351,726-3,1941,154-8,01816,555
Accruals and Deferred Income6,43727,134-2,798-2,655-5,7262,2745,81710,585000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations50,888115,094-14,117-39,041-6,21918,35130,54554,4249,2644,1242,91921,25923,66015,639-7,690
Investing Activities
capital expenditure-7,200-16,369-14,959-12,486-12,958-23,172-23,248-23,475-8,708-7,029-5,403-11,786-8,561-13,352-13,698
Change in Investments000000000000000
cash flow from investments-7,200-16,369-14,959-12,486-12,958-23,172-23,248-23,475-8,708-7,029-5,403-11,786-8,561-13,352-13,698
Financing Activities
Bank loans000000000000000
Group/Directors Accounts15,23100000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000000000000027,000
interest2,106-2,622-3,063-1,483400486316110140145158140783414
cash flow from financing17,337-2,622-3,063-1,483400486316110140145158140783427,014
cash and cash equivalents
cash49,49091,458-32,139-3,010-18,777-4,3357,61331,059695-2,760-2,3269,61315,1772,3215,626
overdraft-11,536-4,645050,00000000000000
change in cash61,02696,103-32,139-53,010-18,777-4,3357,61331,059695-2,760-2,3269,61315,1772,3215,626

status insurance management 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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Status Insurance Management Limited Competitor Analysis

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Perform a competitor analysis for status insurance management limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in HA4 area or any other competitors across 12 key performance metrics.

status insurance management limited Ownership

STATUS INSURANCE MANAGEMENT LIMITED group structure

Status Insurance Management Limited has no subsidiary companies.

Ultimate parent company

STATUS INSURANCE MANAGEMENT LIMITED

01785590

STATUS INSURANCE MANAGEMENT LIMITED Shareholders

explorer insurance services ltd 50%
susan o'sullivan 25%
paul anthony o'sullivan 25%

status insurance management limited directors

Status Insurance Management Limited currently has 4 directors. The longest serving directors include Mr Ian Atkinson (Oct 1991) and Susan O'Sullivan (Jan 2008).

officercountryagestartendrole
Mr Ian AtkinsonEngland76 years Oct 1991- Director
Susan O'SullivanEngland55 years Jan 2008- Director
Mr Paul O'SullivanEngland69 years Jan 2008- Director
Mr Ian JenningsEngland54 years Mar 2023- Director

P&L

December 2023

turnover

1.1m

+4%

operating profit

22.8k

0%

gross margin

99.9%

+0.32%

turnover

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

Balance Sheet

December 2023

net assets

125.7k

+0.17%

total assets

195.8k

+0.17%

cash

149.7k

+0.49%

net assets

Total assets minus all liabilities

status insurance management limited company details

company number

01785590

Type

Private limited with Share Capital

industry

65110 - Life insurance

65120 - Non-life insurance

incorporation date

January 1984

age

41

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

status insurance brokers limited (November 1984)

gearcharm limited (September 1984)

accountant

SPROULL & CO

auditor

-

address

first floor, jebsen house, 53-61 high street, ruislip, middlesex, HA4 7BD

Bank

-

Legal Advisor

-

status insurance management 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 did not find charges/mortgages relating to status insurance management limited.

status insurance management 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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status insurance management limited Companies House Filings - See Documents

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