bircroft insurance services limited
bircroft insurance services limited Company Information
Company Number
02673202
Next Accounts
Jun 2025
Shareholders
nicola lee
david longworth birchenall & melanie jane birchenall
View AllGroup Structure
View All
Industry
Non-life insurance
Registered Address
2 oriel court omega park, alton, hampshire, GU34 2YT
Website
www.bircroft.co.ukbircroft insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of BIRCROFT INSURANCE SERVICES LIMITED at £1.8m based on a Turnover of £2.9m and 0.61x industry multiple (adjusted for size and gross margin).
bircroft insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of BIRCROFT INSURANCE SERVICES LIMITED at £0 based on an EBITDA of £-135.6k and a 6.76x industry multiple (adjusted for size and gross margin).
bircroft insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of BIRCROFT INSURANCE SERVICES LIMITED at £676.6k based on Net Assets of £413.1k and 1.64x industry multiple (adjusted for liquidity).
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Bircroft Insurance Services Limited Overview
Bircroft Insurance Services Limited is a live company located in hampshire, GU34 2YT with a Companies House number of 02673202. It operates in the non-life insurance sector, SIC Code 65120. Founded in December 1991, it's largest shareholder is nicola lee with a 24.2% stake. Bircroft Insurance Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.9m with declining growth in recent years.
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Bircroft Insurance Services Limited Health Check
Pomanda's financial health check has awarded Bircroft Insurance Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £2.9m, make it larger than the average company (£2m)
- Bircroft Insurance Services Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (7.1%)
- Bircroft Insurance Services Limited
7.1% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
- Bircroft Insurance Services Limited
100% - Industry AVG
Profitability
an operating margin of -5.2% make it less profitable than the average company (17.9%)
- Bircroft Insurance Services Limited
17.9% - Industry AVG
Employees
with 13 employees, this is below the industry average (25)
13 - Bircroft Insurance Services Limited
25 - Industry AVG
Pay Structure
on an average salary of £62.1k, the company has an equivalent pay structure (£62.1k)
- Bircroft Insurance Services Limited
£62.1k - Industry AVG
Efficiency
resulting in sales per employee of £225.3k, this is more efficient (£151k)
- Bircroft Insurance Services Limited
£151k - Industry AVG
Debtor Days
it gets paid by customers after 235 days, this is near the average (209 days)
- Bircroft Insurance Services Limited
209 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Bircroft Insurance Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bircroft Insurance Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (21 weeks)
29 weeks - Bircroft Insurance Services Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.5%, this is a higher level of debt than the average (81.7%)
90.5% - Bircroft Insurance Services Limited
81.7% - Industry AVG
BIRCROFT INSURANCE SERVICES LIMITED financials
Bircroft Insurance Services Limited's latest turnover from September 2023 is estimated at £2.9 million and the company has net assets of £413.1 thousand. According to their latest financial statements, Bircroft Insurance Services Limited has 13 employees and maintains cash reserves of £2.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,652,431 | 1,844,624 | 2,760,166 | ||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 293,013 | 531,310 | 1,202,073 | ||||||||||||
| Interest Payable | 1,966 | ||||||||||||||
| Interest Receivable | 739 | 3,343 | 63,660 | ||||||||||||
| Pre-Tax Profit | 291,786 | 534,653 | 1,275,878 | ||||||||||||
| Tax | -68,834 | -147,410 | -256,387 | ||||||||||||
| Profit After Tax | 222,952 | 387,243 | 1,019,491 | ||||||||||||
| Dividends Paid | 400,000 | 515,000 | 900,000 | ||||||||||||
| Retained Profit | -177,048 | -127,757 | 119,491 | ||||||||||||
| Employee Costs | 875,805 | 936,802 | 1,040,353 | ||||||||||||
| Number Of Employees | 13 | 13 | 13 | 13 | 14 | 12 | 13 | 14 | 13 | 12 | 10 | 12 | |||
| EBITDA* | 339,670 | 578,777 | 1,251,843 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 54,645 | 32,874 | 40,026 | 35,162 | 30,126 | 43,937 | 42,670 | 98,448 | 94,881 | 130,568 | 109,538 | 121,408 | 158,824 | 121,924 | 96,801 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 52 | 52 | 52 | 53 | 52 | 2 | 2 | 1 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 54,646 | 32,875 | 40,027 | 35,163 | 30,127 | 43,939 | 42,672 | 98,500 | 94,933 | 130,620 | 109,591 | 121,460 | 158,826 | 121,926 | 96,802 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,892,159 | 1,755,830 | 1,963,993 | 2,326,180 | 1,787,536 | 965,563 | 1,166,545 | 1,631,658 | 1,775,462 | 1,552,918 | 2,036,335 | 1,367,618 | 1,254,429 | 1,562,451 | 856,928 |
| Group Debtors | 20,000 | 26,515 | |||||||||||||
| Misc Debtors | 146,876 | 137,766 | 141,387 | 208,500 | 82,293 | 122,467 | 91,178 | 122,031 | 124,914 | 131,617 | 370,187 | 340,294 | |||
| Cash | 2,233,086 | 2,202,392 | 1,976,756 | 2,008,069 | 2,108,944 | 2,218,020 | 2,324,521 | 1,735,267 | 1,969,213 | 1,585,959 | 1,371,460 | 1,846,424 | 1,546,030 | 2,295,346 | 2,878,567 |
| misc current assets | |||||||||||||||
| total current assets | 4,272,121 | 4,095,988 | 4,082,136 | 4,542,749 | 3,978,773 | 3,306,050 | 3,582,244 | 3,488,956 | 3,869,589 | 3,138,877 | 3,407,795 | 3,214,042 | 2,932,076 | 4,247,984 | 4,102,304 |
| total assets | 4,326,767 | 4,128,863 | 4,122,163 | 4,577,912 | 4,008,900 | 3,349,989 | 3,624,916 | 3,587,456 | 3,964,522 | 3,269,497 | 3,517,386 | 3,335,502 | 3,090,902 | 4,369,910 | 4,199,106 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 3,447,631 | 3,310,279 | 3,288,514 | 3,687,977 | 3,201,550 | 2,648,903 | 2,984,552 | 2,751,342 | 3,213,502 | 2,717,355 | 2,914,430 | 2,613,913 | 2,086,788 | 2,909,135 | 2,621,379 |
| Group/Directors Accounts | 1 | 1 | 1 | 1 | 96,850 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 54,362 | 8,265 | 6,100 | ||||||||||||
| other current liabilities | 459,069 | 369,093 | 354,580 | 425,317 | 318,994 | 243,072 | 178,479 | 299,052 | 257,666 | 186,335 | 529,363 | 421,708 | |||
| total current liabilities | 3,906,701 | 3,679,373 | 3,643,095 | 4,113,295 | 3,520,544 | 2,891,975 | 3,163,031 | 3,104,756 | 3,479,433 | 2,717,355 | 2,914,430 | 2,613,913 | 2,279,223 | 3,438,498 | 3,139,937 |
| loans | |||||||||||||||
| hp & lease commitments | 56,230 | ||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 54,388 | 62,707 | 49,745 | ||||||||||||
| provisions | 7,008 | 1,085 | |||||||||||||
| total long term liabilities | 7,008 | 54,388 | 62,707 | 49,745 | 57,315 | ||||||||||
| total liabilities | 3,913,709 | 3,679,373 | 3,643,095 | 4,113,295 | 3,520,544 | 2,891,975 | 3,163,031 | 3,104,756 | 3,533,821 | 2,780,062 | 2,914,430 | 2,663,658 | 2,336,538 | 3,438,498 | 3,139,937 |
| net assets | 413,058 | 449,490 | 479,068 | 464,617 | 488,356 | 458,014 | 461,885 | 482,700 | 430,701 | 489,435 | 602,956 | 671,844 | 754,364 | 931,412 | 1,059,169 |
| total shareholders funds | 413,058 | 449,490 | 479,068 | 464,617 | 488,356 | 458,014 | 461,885 | 482,700 | 430,701 | 489,435 | 602,956 | 671,844 | 754,364 | 931,412 | 1,059,169 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 293,013 | 531,310 | 1,202,073 | ||||||||||||
| Depreciation | 17,292 | 13,318 | 16,866 | 17,243 | 18,062 | 18,585 | 23,302 | 30,087 | 37,710 | 44,738 | 37,135 | 41,177 | 46,657 | 47,467 | 49,770 |
| Amortisation | |||||||||||||||
| Tax | -68,834 | -147,410 | -256,387 | ||||||||||||
| Stock | |||||||||||||||
| Debtors | 145,439 | -211,784 | -429,300 | 664,851 | 781,799 | -169,693 | -495,966 | -146,687 | 347,458 | -483,417 | 668,717 | -18,428 | -566,592 | 728,901 | 1,223,737 |
| Creditors | 137,352 | 21,765 | -399,463 | 486,427 | 552,647 | -335,649 | 233,210 | -462,160 | 496,147 | -197,075 | 300,517 | 527,125 | -822,347 | 287,756 | 2,621,379 |
| Accruals and Deferred Income | 89,976 | 14,513 | -70,737 | 106,323 | 75,922 | 64,593 | -120,573 | 41,386 | 257,666 | -186,335 | -343,028 | 107,655 | 421,708 | ||
| Deferred Taxes & Provisions | 7,008 | -1,085 | 1,085 | ||||||||||||
| Cash flow from operations | -326,862 | 97,877 | 2,814,806 | ||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -1 | -50 | -1 | 1 | 50 | 1 | 1 | ||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 1 | -96,850 | 96,850 | ||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -54,362 | 46,097 | 8,265 | -62,330 | 62,330 | ||||||||||
| other long term liabilities | -54,388 | -8,319 | 62,707 | -49,745 | 49,745 | ||||||||||
| share issue | |||||||||||||||
| interest | -1,227 | 3,343 | 63,660 | ||||||||||||
| cash flow from financing | 61,103 | -93,507 | 1,100,188 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 30,694 | 225,636 | -31,313 | -100,875 | -109,076 | -106,501 | 589,254 | -233,946 | 383,254 | 214,499 | -474,964 | 300,394 | -749,316 | -583,221 | 2,878,567 |
| overdraft | |||||||||||||||
| change in cash | 30,694 | 225,636 | -31,313 | -100,875 | -109,076 | -106,501 | 589,254 | -233,946 | 383,254 | 214,499 | -474,964 | 300,394 | -749,316 | -583,221 | 2,878,567 |
bircroft insurance services limited Credit Report and Business Information
Bircroft Insurance Services Limited Competitor Analysis
Perform a competitor analysis for bircroft insurance services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in GU34 area or any other competitors across 12 key performance metrics.
bircroft insurance services limited Ownership
BIRCROFT INSURANCE SERVICES LIMITED group structure
Bircroft Insurance Services Limited has 1 subsidiary company.
Ultimate parent company
BIRCROFT INSURANCE SERVICES LIMITED
02673202
1 subsidiary
bircroft insurance services limited directors
Bircroft Insurance Services Limited currently has 6 directors. The longest serving directors include Mr Douglas Gordon (Jun 1996) and Mr David Birchenall (Jun 1996).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Douglas Gordon | United Kingdom | 81 years | Jun 1996 | - | Director |
| Mr David Birchenall | United Kingdom | 67 years | Jun 1996 | - | Director |
| Mr Ian Lee | United Kingdom | 62 years | Mar 1998 | - | Director |
| Mr Simon Bird | United Kingdom | 55 years | Oct 2006 | - | Director |
| Mr Shivam Popat | 47 years | Sep 2010 | - | Director | |
| Mr Shyam Thakrar | United Kingdom | 36 years | Jun 2022 | - | Director |
P&L
September 2023turnover
2.9m
+9%
operating profit
-152.9k
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
413.1k
-0.08%
total assets
4.3m
+0.05%
cash
2.2m
+0.01%
net assets
Total assets minus all liabilities
bircroft insurance services limited company details
company number
02673202
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
December 1991
age
34
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
dd2 insurance services limited (September 2008)
dawnay day insurance services limited (July 2008)
accountant
SHEEN STICKLAND
auditor
-
address
2 oriel court omega park, alton, hampshire, GU34 2YT
Bank
-
Legal Advisor
-
bircroft insurance services 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 bircroft insurance services limited.
bircroft 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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bircroft insurance services limited Companies House Filings - See Documents
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