Pomanda estimates the enterprise value of ZORAB INSURANCE SERVICES LIMITED at £226.7k based on a Turnover of £296k and 0.77x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ZORAB INSURANCE SERVICES LIMITED at £0 based on an EBITDA of £-252.7k and a 9.76x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ZORAB INSURANCE SERVICES LIMITED at £0 based on Net Assets of £-78.3k and 1.53x industry multiple (adjusted for liquidity).
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Zorab Insurance Services LimitedOverview
Zorab Insurance Services Limited is a live company located in retford, DN22 7SW with a Companies House number of 02550599. It operates in the non-life reinsurance sector, SIC Code 65202. Founded in October 1990, it's largest shareholder is
pib group limited
with a 100% stake. Zorab Insurance Services Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£296k with
declining
growth in recent years.
Pomanda's financial health check has awarded Zorab Insurance Services Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating0.5out of 5
0 Strong
2 Regular
7 Weak
Size
annual sales of £296k, make it smaller than the average company (£1.3m)
£296k - Zorab Insurance Services Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -43%, show it is growing at a slower rate (6.7%)
-43% - Zorab Insurance Services Limited
6.7% - Industry AVG
Production
with a gross margin of 99%, this company has a comparable cost of product (100%)
99% - Zorab Insurance Services Limited
100% - Industry AVG
Profitability
an operating margin of -85.4% make it less profitable than the average company (15.9%)
-85.4% - Zorab Insurance Services Limited
15.9% - Industry AVG
Employees
with 8 employees, this is below the industry average (11)
8 - Zorab Insurance Services Limited
11 - Industry AVG
Pay Structure
on an average salary of £128.1k, the company has an equivalent pay structure (£128.1k)
£128.1k - Zorab Insurance Services Limited
£128.1k - Industry AVG
Efficiency
resulting in sales per employee of £37k, this is less efficient (£216.7k)
£37k - Zorab Insurance Services Limited
£216.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Zorab Insurance Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Zorab Insurance Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Zorab Insurance Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (22 weeks)
2 weeks - Zorab Insurance Services Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 129.7%, this is a higher level of debt than the average (79.1%)
129.7% - Zorab Insurance Services Limited
79.1% - Industry AVG
ZORAB INSURANCE SERVICES LIMITED financials
EXPORT
Zorab Insurance Services Limited's latest turnover from December 2023 is £296 thousand and the company has net assets of -£78.3 thousand. According to their latest financial statements, Zorab Insurance Services Limited has 8 employees and maintains cash reserves of £16.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Mar 2011
Mar 2010
Turnover
295,987
240,209
1,057,359
1,112,344
1,636,176
1,244,842
851,959
873,733
896,926
641,301
441,092
752,243
261,252
175,442
293,844
Other Income Or Grants
Cost Of Sales
2,935
7,509
91,882
5,905
51,536
82,477
1,539
13,064
377,441
163,936
211,988
55,355
30,047
60,728
203,032
Gross Profit
293,052
232,700
965,477
1,106,439
1,584,640
1,162,365
850,420
860,669
519,485
477,364
229,104
696,888
231,204
114,714
90,812
Admin Expenses
545,738
303,299
711,314
854,086
2,090,880
848,248
843,319
834,405
515,064
474,385
222,849
652,001
322,292
146,580
-167,109
Operating Profit
-252,686
-70,599
254,163
252,353
-506,240
314,117
7,101
26,264
4,421
2,979
6,255
44,887
-91,088
-31,866
257,921
Interest Payable
2,605
5,307
Interest Receivable
1,628
19
552
3,029
1,919
656
697
1,315
1,105
1,146
1,300
1,222
525
Pre-Tax Profit
20,745
-43,284
253,186
247,065
-505,688
317,146
9,020
26,920
5,118
4,294
7,359
46,032
-89,788
-30,644
258,446
Tax
-245,491
-161,439
-47,222
-60,258
-1,714
-5,115
-1,023
-859
-1,545
-10,587
-72,365
Profit After Tax
-224,746
-43,284
91,747
199,843
-505,688
256,888
7,306
21,805
4,094
3,435
5,814
35,445
-89,788
-30,644
186,081
Dividends Paid
Retained Profit
-224,746
-43,284
91,747
199,843
-505,688
256,888
7,306
21,805
4,094
3,435
5,814
35,445
-89,788
-30,644
186,081
Employee Costs
1,024,544
904,043
932,960
854,398
1,120,714
968,771
947,785
738,919
708,605
186,749
204,002
219,272
102,037
97,824
190,213
Number Of Employees
8
9
9
9
9
9
8
7
7
2
2
2
1
1
2
EBITDA*
-252,686
-70,599
257,528
257,094
-502,265
317,631
10,165
28,341
6,975
4,995
8,747
47,259
-88,093
-29,457
274,135
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Mar 2011
Mar 2010
Tangible Assets
12,787
12,787
14,226
11,922
10,542
9,192
6,229
7,663
7,671
7,478
7,114
6,210
7,228
24,748
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
12,787
12,787
14,226
11,922
10,542
9,192
6,229
7,663
7,671
7,478
7,114
6,210
7,228
24,748
Stock & work in progress
Trade Debtors
388,822
923,878
446,773
1,469,822
1,035,437
598,169
623,953
584,227
448,581
297,063
540,561
389,918
304,684
358,320
Group Debtors
247,118
Misc Debtors
389,293
40,115
621,077
Cash
16,159
1,048,227
1,350,264
512,643
538,791
564,833
242,908
268,884
255,840
301,418
224,658
217,216
241,165
279,016
209,945
misc current assets
total current assets
263,277
1,826,342
2,314,257
1,580,493
2,008,613
1,600,270
841,077
892,837
840,067
749,999
521,721
757,777
631,083
583,700
568,265
total assets
263,277
1,839,129
2,327,044
1,594,719
2,020,535
1,610,812
850,269
899,066
847,730
757,670
529,199
764,891
637,293
590,928
593,013
Bank overdraft
Bank loan
Trade Creditors
1,413,020
1,956,408
1,382,982
2,122,387
1,206,976
703,321
759,424
729,893
642,479
417,500
659,103
568,244
434,491
393,384
Group/Directors Accounts
341,569
200,000
59,484
other short term finances
hp & lease commitments
other current liabilities
79,655
121,414
113,746
total current liabilities
341,569
1,692,675
2,137,306
1,496,728
2,122,387
1,206,976
703,321
759,424
729,893
642,479
417,500
659,103
568,244
434,491
393,384
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
13,448
provisions
1,448
1,391
1,294
total long term liabilities
1,448
1,391
1,294
13,448
total liabilities
341,569
1,692,675
2,137,306
1,496,728
2,122,387
1,206,976
703,321
759,424
729,893
643,927
418,891
660,397
568,244
434,491
406,832
net assets
-78,292
146,454
189,738
97,991
-101,852
403,836
146,948
139,642
117,837
113,743
110,308
104,494
69,049
156,437
186,181
total shareholders funds
-78,292
146,454
189,738
97,991
-101,852
403,836
146,948
139,642
117,837
113,743
110,308
104,494
69,049
156,437
186,181
Dec 2023
Dec 2022
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-252,686
-70,599
254,163
252,353
-506,240
314,117
7,101
26,264
4,421
2,979
6,255
44,887
-91,088
-31,866
257,921
Depreciation
3,365
4,741
3,975
3,514
3,064
2,077
2,554
2,016
2,492
2,372
2,995
2,409
16,214
Amortisation
Tax
-245,491
-161,439
-47,222
-60,258
-1,714
-5,115
-1,023
-859
-1,545
-10,587
-72,365
Stock
Debtors
-530,997
-289,735
-103,857
-401,972
434,385
437,268
-25,784
39,726
135,646
151,518
-243,498
150,643
85,234
-53,636
358,320
Creditors
-1,413,020
30,038
573,426
-739,405
915,411
503,655
-56,103
29,531
87,414
224,979
-241,603
90,859
133,753
41,107
393,384
Accruals and Deferred Income
-79,655
-34,091
7,668
113,746
Deferred Taxes & Provisions
-1,448
57
97
1,294
Cash flow from operations
-1,459,855
215,083
781,040
-13,815
-21,239
323,760
-21,868
13,031
-43,728
77,654
9,194
-21,818
-39,574
65,286
236,834
Investing Activities
capital expenditure
12,787
1,439
-1,926
-7,045
-5,355
-4,864
-6,027
-643
-2,546
-2,209
-2,856
-3,276
-1,977
15,111
-40,962
Change in Investments
cash flow from investments
12,787
1,439
-1,926
-7,045
-5,355
-4,864
-6,027
-643
-2,546
-2,209
-2,856
-3,276
-1,977
15,111
-40,962
Financing Activities
Bank loans
Group/Directors Accounts
141,569
200,000
59,484
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-13,448
13,448
share issue
91,747
2,400
900
100
interest
-977
-5,288
552
3,029
1,919
656
697
1,315
1,105
1,146
1,300
1,222
525
cash flow from financing
141,569
291,747
58,507
-5,288
552
3,029
1,919
656
697
1,315
1,105
1,146
3,700
-11,326
14,073
cash and cash equivalents
cash
-1,032,068
535,584
837,621
-26,148
-26,042
321,925
-25,976
13,044
-45,578
76,760
7,442
-23,949
-37,851
69,071
209,945
overdraft
change in cash
-1,032,068
535,584
837,621
-26,148
-26,042
321,925
-25,976
13,044
-45,578
76,760
7,442
-23,949
-37,851
69,071
209,945
zorab insurance services limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for zorab insurance services limited. Get real-time insights into zorab insurance services limited's credit score, group structure and payment trends.
Perform a competitor analysis for zorab insurance services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in DN22 area or any other competitors across 12 key performance metrics.
zorab insurance services limited Ownership
ZORAB INSURANCE SERVICES LIMITED group structure
Zorab Insurance Services Limited has no subsidiary companies.
The sole shareholder of Zorab Insurance Services Limited is Pib Group Limited.
pib group limited
100%
zorab insurance services limited directors
Zorab Insurance Services Limited currently has 3 directors.
The longest serving directors include
Mr Adrian Colosso (May 2023) and
Mr Paul Johnson (May 2023).
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 3 charges/mortgages relating to zorab insurance services limited. Currently there are 0 open charges and 3 have been satisfied in the past.
zorab insurance services 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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zorab insurance services limitedCompanies House Filings - See Documents
