commercial direct lines insurance services limited
commercial direct lines insurance services limited Company Information
Company Number
03069220
Next Accounts
Mar 2025
Shareholders
woodward markwell insurance brokers ltd
Group Structure
View All
Industry
Non-life insurance
Registered Address
friars house falcon street, ipswich, IP1 1SL
Website
woodwardmarkwell.co.ukcommercial direct lines insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of COMMERCIAL DIRECT LINES INSURANCE SERVICES LIMITED at £79.5k based on a Turnover of £138.6k and 0.57x industry multiple (adjusted for size and gross margin).
commercial direct lines insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of COMMERCIAL DIRECT LINES INSURANCE SERVICES LIMITED at £275.7k based on an EBITDA of £43.6k and a 6.32x industry multiple (adjusted for size and gross margin).
commercial direct lines insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of COMMERCIAL DIRECT LINES INSURANCE SERVICES LIMITED at £0 based on Net Assets of £0 and 1.64x industry multiple (adjusted for liquidity).
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Commercial Direct Lines Insurance Services Limited Overview
Commercial Direct Lines Insurance Services Limited is a dissolved company that was located in ipswich, IP1 1SL with a Companies House number of 03069220. It operated in the non-life insurance sector, SIC Code 65120. Founded in June 1995, it's largest shareholder was woodward markwell insurance brokers ltd with a 100% stake. The last turnover for Commercial Direct Lines Insurance Services Limited was estimated at £138.6k.
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Commercial Direct Lines Insurance Services Limited Health Check
Pomanda's financial health check has awarded Commercial Direct Lines Insurance Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
2 Weak
Size
annual sales of £138.6k, make it smaller than the average company (£1.7m)
- Commercial Direct Lines Insurance Services Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (5%)
- Commercial Direct Lines Insurance Services Limited
5% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
- Commercial Direct Lines Insurance Services Limited
100% - Industry AVG
Profitability
an operating margin of 31.5% make it more profitable than the average company (12.1%)
- Commercial Direct Lines Insurance Services Limited
12.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
1 - Commercial Direct Lines Insurance Services Limited
23 - Industry AVG
Pay Structure
on an average salary of £53k, the company has an equivalent pay structure (£53k)
- Commercial Direct Lines Insurance Services Limited
£53k - Industry AVG
Efficiency
resulting in sales per employee of £138.6k, this is equally as efficient (£138.6k)
- Commercial Direct Lines Insurance Services Limited
£138.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Commercial Direct Lines Insurance Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Commercial Direct Lines Insurance Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Commercial Direct Lines Insurance Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Commercial Direct Lines Insurance Services Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Commercial Direct Lines Insurance Services Limited
- - Industry AVG
COMMERCIAL DIRECT LINES INSURANCE SERVICES LIMITED financials
Commercial Direct Lines Insurance Services Limited's latest turnover from January 2020 is estimated at £138.6 thousand and the company has net assets of 0. According to their latest financial statements, Commercial Direct Lines Insurance Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2020 | Jan 2019 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | |||||||||||
| Tax | |||||||||||
| Profit After Tax | |||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | |||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 1 | 1 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2020 | Jan 2019 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 768 | 960 | 1,200 | 1,500 | 968 | 1,290 | 1,720 | 2,293 | |||
| Intangible Assets | 1,875 | ||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 768 | 960 | 1,200 | 1,500 | 1,875 | 968 | 1,290 | 1,720 | 2,293 | ||
| Stock & work in progress | |||||||||||
| Trade Debtors | 71 | 40,896 | 30,785 | 25,916 | 25,982 | 21,981 | 21,900 | 19,451 | 20,918 | 16,071 | |
| Group Debtors | |||||||||||
| Misc Debtors | |||||||||||
| Cash | 734 | 7,595 | 3,849 | 14,756 | 11,333 | 17,591 | 22,056 | 9,027 | |||
| misc current assets | |||||||||||
| total current assets | 805 | 40,896 | 30,785 | 33,511 | 29,831 | 36,737 | 33,233 | 37,042 | 42,974 | 25,098 | |
| total assets | 805 | 41,664 | 31,745 | 34,711 | 31,331 | 38,612 | 34,201 | 38,332 | 44,694 | 27,391 | |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 1,566 | 14,224 | 5,360 | 9,855 | 5,866 | 15,882 | 13,322 | 18,396 | 25,443 | 10,382 | |
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | |||||||||||
| total current liabilities | 1,566 | 14,224 | 5,360 | 9,855 | 5,866 | 15,882 | 13,322 | 18,396 | 25,443 | 10,382 | |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | |||||||||||
| total long term liabilities | |||||||||||
| total liabilities | 1,566 | 14,224 | 5,360 | 9,855 | 5,866 | 15,882 | 13,322 | 18,396 | 25,443 | 10,382 | |
| net assets | -761 | 27,440 | 26,385 | 24,856 | 25,465 | 22,730 | 20,879 | 19,936 | 19,251 | 17,009 | |
| total shareholders funds | -761 | 27,440 | 26,385 | 24,856 | 25,465 | 22,730 | 20,879 | 19,936 | 19,251 | 17,009 |
| Jan 2020 | Jan 2019 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 300 | 468 | 322 | 430 | 573 | 765 | |||||
| Amortisation | 375 | ||||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | -71 | 71 | 10,111 | 4,869 | -66 | 4,001 | 81 | 2,449 | -1,467 | 4,847 | 16,071 |
| Creditors | -1,566 | 1,566 | 8,864 | -4,495 | 3,989 | -10,016 | 2,560 | -5,074 | -7,047 | 15,061 | 10,382 |
| Accruals and Deferred Income | |||||||||||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| 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 | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -734 | 734 | -7,595 | 3,746 | -10,907 | 3,423 | -6,258 | -4,465 | 13,029 | 9,027 | |
| overdraft | |||||||||||
| change in cash | -734 | 734 | -7,595 | 3,746 | -10,907 | 3,423 | -6,258 | -4,465 | 13,029 | 9,027 |
commercial direct lines insurance services limited Credit Report and Business Information
Commercial Direct Lines Insurance Services Limited Competitor Analysis
Perform a competitor analysis for commercial direct lines insurance services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in IP1 area or any other competitors across 12 key performance metrics.
commercial direct lines insurance services limited Ownership
COMMERCIAL DIRECT LINES INSURANCE SERVICES LIMITED group structure
Commercial Direct Lines Insurance Services Limited has no subsidiary companies.
Ultimate parent company
2 parents
COMMERCIAL DIRECT LINES INSURANCE SERVICES LIMITED
03069220
commercial direct lines insurance services limited directors
Commercial Direct Lines Insurance Services Limited currently has 2 directors. The longest serving directors include Mr David McGowan (Jul 2018) and Mr Andrew Johnson (Jul 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David McGowan | England | 52 years | Jul 2018 | - | Director |
| Mr Andrew Johnson | England | 69 years | Jul 2018 | - | Director |
P&L
January 2020turnover
138.6k
+250%
operating profit
43.6k
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2020net assets
0
-1%
total assets
0
-1%
cash
0
-1%
net assets
Total assets minus all liabilities
commercial direct lines insurance services limited company details
company number
03069220
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
June 1995
age
30
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2020
previous names
N/A
accountant
-
auditor
-
address
friars house falcon street, ipswich, IP1 1SL
Bank
-
Legal Advisor
-
commercial direct lines 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 commercial direct lines insurance services limited.
commercial direct lines 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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commercial direct lines insurance services limited Companies House Filings - See Documents
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