axco insurance information services limited
axco insurance information services limited Company Information
Company Number
03073807
Next Accounts
Mar 2025
Shareholders
wilmington publishing & information ltd
Group Structure
View All
Industry
Other business support service activities n.e.c.
+1Registered Address
suite 215/216 fort dunlop, 2nd f, fort parkway, birmingham, B24 9FD
Website
www.axcoinfo.comaxco insurance information services limited Estimated Valuation
Pomanda estimates the enterprise value of AXCO INSURANCE INFORMATION SERVICES LIMITED at £9.3m based on a Turnover of £12.1m and 0.77x industry multiple (adjusted for size and gross margin).
axco insurance information services limited Estimated Valuation
Pomanda estimates the enterprise value of AXCO INSURANCE INFORMATION SERVICES LIMITED at £23.9m based on an EBITDA of £4.6m and a 5.17x industry multiple (adjusted for size and gross margin).
axco insurance information services limited Estimated Valuation
Pomanda estimates the enterprise value of AXCO INSURANCE INFORMATION SERVICES LIMITED at £12.8m based on Net Assets of £6.1m and 2.1x industry multiple (adjusted for liquidity).
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Axco Insurance Information Services Limited Overview
Axco Insurance Information Services Limited is a live company located in birmingham, B24 9FD with a Companies House number of 03073807. It operates in the other activities auxiliary to insurance and pension funding sector, SIC Code 66290. Founded in June 1995, it's largest shareholder is wilmington publishing & information ltd with a 100% stake. Axco Insurance Information Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12.1m with healthy growth in recent years.
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Axco Insurance Information Services Limited Health Check
Pomanda's financial health check has awarded Axco Insurance Information Services Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
1 Weak
Size
annual sales of £12.1m, make it larger than the average company (£2.6m)
£12.1m - Axco Insurance Information Services Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (5.3%)
6% - Axco Insurance Information Services Limited
5.3% - Industry AVG
Production
with a gross margin of 54.1%, this company has a higher cost of product (69%)
54.1% - Axco Insurance Information Services Limited
69% - Industry AVG
Profitability
an operating margin of 38.1% make it more profitable than the average company (8.4%)
38.1% - Axco Insurance Information Services Limited
8.4% - Industry AVG
Employees
with 52 employees, this is above the industry average (16)
52 - Axco Insurance Information Services Limited
16 - Industry AVG
Pay Structure
on an average salary of £59.4k, the company has an equivalent pay structure (£52.2k)
£59.4k - Axco Insurance Information Services Limited
£52.2k - Industry AVG
Efficiency
resulting in sales per employee of £233.3k, this is more efficient (£137k)
£233.3k - Axco Insurance Information Services Limited
£137k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (45 days)
0 days - Axco Insurance Information Services Limited
45 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Axco Insurance Information Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Axco Insurance Information Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Axco Insurance Information Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.7%, this is a similar level of debt than the average (58.3%)
58.7% - Axco Insurance Information Services Limited
58.3% - Industry AVG
AXCO INSURANCE INFORMATION SERVICES LIMITED financials
Axco Insurance Information Services Limited's latest turnover from June 2023 is £12.1 million and the company has net assets of £6.1 million. According to their latest financial statements, Axco Insurance Information Services Limited has 52 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,131,278 | 10,831,132 | 10,367,303 | 10,311,114 | 10,018,120 | 9,889,756 | 9,531,148 | 8,865,869 | 8,403,975 | 8,140,180 | 7,629,791 | 6,938,331 | 3,342,110 | 6,060,418 | 5,568,875 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 5,564,424 | 6,120,869 | 6,672,949 | 4,821,052 | 5,403,055 | 5,537,919 | 4,358,079 | 3,843,635 | 3,970,716 | 4,324,157 | 4,122,695 | 3,314,039 | 1,600,007 | 2,639,096 | 2,090,893 |
| Gross Profit | 6,566,854 | 4,710,263 | 3,694,354 | 5,490,062 | 4,615,065 | 4,351,837 | 5,173,069 | 5,022,234 | 4,433,259 | 3,816,023 | 3,507,096 | 3,624,292 | 1,742,103 | 3,421,322 | 3,477,982 |
| Admin Expenses | 1,946,871 | 2,141,559 | 2,334,720 | 1,686,781 | 1,890,411 | 1,937,597 | 1,524,797 | 1,344,805 | 1,384,268 | 1,777,336 | 1,299,031 | 1,930,796 | 836,294 | 2,136,462 | 2,249,112 |
| Operating Profit | 4,619,983 | 2,568,704 | 1,359,634 | 3,803,281 | 2,724,654 | 2,414,240 | 3,648,272 | 3,677,429 | 3,048,991 | 2,038,687 | 2,208,065 | 1,693,496 | 905,809 | 1,284,860 | 1,228,870 |
| Interest Payable | 6,655 | 5,700 | 1,767 | 25,643 | |||||||||||
| Interest Receivable | 26 | 7,048 | 7,704 | ||||||||||||
| Pre-Tax Profit | 3,218,673 | 5,090,215 | 1,359,634 | 3,803,281 | 2,724,654 | 2,414,240 | 3,648,272 | 3,677,429 | 3,048,991 | 2,038,687 | 2,208,091 | 1,686,841 | 900,109 | 1,290,141 | 1,210,931 |
| Tax | -1,111,078 | -268,738 | -528,636 | -704,863 | -115,231 | -60,190 | -47,271 | -992,517 | -653,063 | -479,707 | -575,444 | -431,167 | -276,264 | -400,160 | -350,803 |
| Profit After Tax | 2,107,595 | 4,821,477 | 830,998 | 3,098,418 | 2,609,423 | 2,354,050 | 3,601,001 | 2,684,912 | 2,395,928 | 1,558,980 | 1,632,647 | 1,255,674 | 623,845 | 889,981 | 860,128 |
| Dividends Paid | 1,722,661 | 4,550,997 | 3,059,661 | 1,359,950 | 3,211,455 | 2,786,737 | 2,518,444 | 1,672,155 | 1,000,000 | 1,850,000 | 1,000,000 | 628,398 | 751,251 | ||
| Retained Profit | 2,107,595 | 3,098,816 | -3,719,999 | 38,757 | 1,249,473 | -857,405 | 814,264 | 166,468 | 723,773 | 558,980 | -217,353 | 1,255,674 | -376,155 | 261,583 | 108,877 |
| Employee Costs | 3,088,132 | 2,314,271 | 2,520,276 | 2,783,373 | 2,869,056 | 2,924,536 | 2,926,431 | 2,727,638 | 2,711,817 | 2,919,122 | 2,266,875 | 2,116,627 | 1,083,768 | 2,489,075 | 2,479,266 |
| Number Of Employees | 52 | 55 | 52 | 51 | 53 | 52 | 52 | 54 | 57 | 51 | 48 | 48 | 45 | 44 | 39 |
| EBITDA* | 4,619,983 | 2,568,704 | 1,729,364 | 4,067,154 | 3,059,412 | 2,715,846 | 3,863,461 | 3,945,699 | 3,334,594 | 2,288,711 | 2,474,383 | 1,959,886 | 1,018,433 | 1,470,469 | 1,261,936 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 26,565 | 51,285 | 107,129 | 134,260 | 199,472 | 289,623 | 237,309 | 70,719 | 72,488 | ||||||
| Intangible Assets | 810,235 | 810,235 | 1,567,872 | 1,580,756 | 1,504,475 | 1,283,392 | 1,309,476 | 1,288,027 | 1,246,220 | 810,235 | 957,550 | 1,104,865 | 1,252,180 | 1,325,838 | 1,473,153 |
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 810,235 | 810,235 | 1,567,872 | 1,580,756 | 1,504,475 | 1,283,392 | 1,336,041 | 1,339,312 | 1,353,349 | 944,495 | 1,157,022 | 1,394,488 | 1,489,489 | 1,396,557 | 1,545,641 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 27,291 | 5,433 | 65,736 | 2,322,230 | 1,802,353 | 3,373,874 | 3,281,607 | 2,559,479 | 1,628,820 | 2,137,005 | 1,983,588 | 909,574 | 1,334,040 | 2,376,908 | 1,974,149 |
| Group Debtors | 13,881,977 | 10,555,915 | 9,099,366 | 9,374,776 | 9,404,149 | 11,214,294 | 8,223,513 | 3,958,750 | 4,538,679 | 3,086,082 | 1,590,518 | 602,343 | 181,303 | ||
| Misc Debtors | 126,722 | 230,717 | 214,898 | 292,486 | 264,040 | 62,622 | 24,684 | 40,116 | 21,808 | 291,359 | 266,648 | 379,919 | 124,301 | 89,430 | 97,999 |
| Cash | 3,297 | 53,131 | 596,225 | 1,032,300 | 1,120,540 | 3,101,603 | 2,274,793 | 1,529,644 | 2,398,846 | 3,435,554 | 1,690,854 | 1,493,848 | 1,720,169 | ||
| misc current assets | |||||||||||||||
| total current assets | 14,035,990 | 10,792,065 | 9,383,297 | 12,042,623 | 12,066,767 | 15,683,090 | 12,650,344 | 9,659,948 | 8,464,100 | 7,044,090 | 6,239,600 | 5,327,390 | 3,149,195 | 4,141,489 | 3,792,317 |
| total assets | 14,846,225 | 11,602,300 | 10,951,169 | 13,623,379 | 13,571,242 | 16,966,482 | 13,986,385 | 10,999,260 | 9,817,449 | 7,988,585 | 7,396,622 | 6,721,878 | 4,638,684 | 5,538,046 | 5,337,958 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 87,861 | 85,087 | 126,225 | 97,668 | 555,481 | 39,610 | 189,822 | 87,165 | 79,631 | 347,852 | |||||
| Group/Directors Accounts | 1,055,894 | 807,614 | 3,418,078 | 2,879,782 | 3,269,418 | 7,322,758 | 2,723,344 | 260,727 | 228,525 | 164 | 27,897 | ||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 7,567,522 | 6,679,472 | 6,516,693 | 6,014,897 | 5,614,655 | 6,164,890 | 6,955,359 | 7,603,510 | 6,032,686 | 5,489,753 | 5,460,148 | 4,670,228 | 3,921,762 | 4,495,720 | 4,041,376 |
| total current liabilities | 8,623,416 | 7,487,086 | 9,934,771 | 8,982,540 | 8,969,160 | 13,613,873 | 9,776,371 | 7,603,510 | 6,588,167 | 5,750,480 | 5,728,283 | 4,860,214 | 4,036,824 | 4,575,351 | 4,389,228 |
| loans | 240,000 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 95,558 | 95,558 | 95,558 | 7,842 | 3,006 | 10,624 | |||||||||
| total long term liabilities | 95,558 | 95,558 | 95,558 | 7,842 | 3,006 | 250,624 | |||||||||
| total liabilities | 8,718,974 | 7,582,644 | 10,030,329 | 8,982,540 | 8,969,160 | 13,613,873 | 9,776,371 | 7,603,510 | 6,588,167 | 5,750,480 | 5,728,283 | 4,860,214 | 4,044,666 | 4,578,357 | 4,639,852 |
| net assets | 6,127,251 | 4,019,656 | 920,840 | 4,640,839 | 4,602,082 | 3,352,609 | 4,210,014 | 3,395,750 | 3,229,282 | 2,238,105 | 1,668,339 | 1,861,664 | 594,018 | 959,689 | 698,106 |
| total shareholders funds | 6,127,251 | 4,019,656 | 920,840 | 4,640,839 | 4,602,082 | 3,352,609 | 4,210,014 | 3,395,750 | 3,229,282 | 2,238,105 | 1,668,339 | 1,861,664 | 594,018 | 959,689 | 698,106 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 4,619,983 | 2,568,704 | 1,359,634 | 3,803,281 | 2,724,654 | 2,414,240 | 3,648,272 | 3,677,429 | 3,048,991 | 2,038,687 | 2,208,065 | 1,693,496 | 905,809 | 1,284,860 | 1,228,870 |
| Depreciation | 26,563 | 24,720 | 59,961 | 64,046 | 102,709 | 119,003 | 119,075 | 38,966 | 38,294 | 33,066 | |||||
| Amortisation | 369,730 | 263,873 | 334,758 | 275,043 | 190,469 | 208,309 | 221,557 | 147,315 | 147,315 | 147,315 | 73,658 | 147,315 | |||
| Tax | -1,111,078 | -268,738 | -528,636 | -704,863 | -115,231 | -60,190 | -47,271 | -992,517 | -653,063 | -479,707 | -575,444 | -431,167 | -276,264 | -400,160 | -350,803 |
| Stock | |||||||||||||||
| Debtors | 3,243,925 | 1,412,065 | -2,609,492 | 518,950 | -3,180,248 | 3,120,986 | 4,971,459 | 369,038 | 674,861 | 1,673,692 | 1,948,918 | 433,495 | -1,189,300 | 575,493 | 2,072,148 |
| Creditors | -87,861 | 2,774 | -41,138 | 28,557 | 97,668 | -555,481 | 555,481 | -39,610 | -150,212 | 102,657 | 7,534 | -268,221 | 347,852 | ||
| Accruals and Deferred Income | 888,050 | 162,779 | 501,796 | 400,242 | -550,235 | -790,469 | -648,151 | 1,570,824 | 542,933 | 29,605 | 789,920 | 748,466 | -573,958 | 454,344 | 4,041,376 |
| Deferred Taxes & Provisions | 95,558 | -7,842 | 4,836 | -7,618 | 10,624 | ||||||||||
| Cash flow from operations | 1,153,030 | 1,050,680 | 4,319,713 | 3,246,357 | 5,533,056 | -1,227,242 | -1,705,752 | 3,599,487 | 3,105,084 | 125,307 | 589,729 | 1,938,505 | 1,369,881 | 673,321 | 3,238,837 |
| Investing Activities | |||||||||||||||
| capital expenditure | -30,048 | ||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -30,048 | ||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 248,280 | -2,610,464 | 538,296 | -389,636 | -4,053,340 | 4,599,414 | 2,723,344 | -260,727 | 32,202 | 228,361 | -27,733 | 27,897 | |||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -240,000 | 240,000 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 26 | -6,655 | -5,700 | 5,281 | -17,939 | ||||||||||
| cash flow from financing | 248,280 | -2,610,464 | 538,296 | -389,636 | -4,053,340 | 4,599,414 | 2,723,344 | 6,677 | 42,988 | 252,415 | -22,416 | 32,681 | -234,719 | 811,290 | |
| cash and cash equivalents | |||||||||||||||
| cash | -3,297 | -49,834 | -543,094 | -436,075 | -88,240 | -1,981,063 | 826,810 | 745,149 | -869,202 | -1,036,708 | 1,744,700 | 197,006 | -226,321 | 1,720,169 | |
| overdraft | |||||||||||||||
| change in cash | -3,297 | -49,834 | -543,094 | -436,075 | -88,240 | -1,981,063 | 826,810 | 745,149 | -869,202 | -1,036,708 | 1,744,700 | 197,006 | -226,321 | 1,720,169 |
axco insurance information services limited Credit Report and Business Information
Axco Insurance Information Services Limited Competitor Analysis
Perform a competitor analysis for axco insurance information services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in B24 area or any other competitors across 12 key performance metrics.
axco insurance information services limited Ownership
AXCO INSURANCE INFORMATION SERVICES LIMITED group structure
Axco Insurance Information Services Limited has no subsidiary companies.
Ultimate parent company
2 parents
AXCO INSURANCE INFORMATION SERVICES LIMITED
03073807
axco insurance information services limited directors
Axco Insurance Information Services Limited currently has 2 directors. The longest serving directors include Mr Mark Milner (Aug 2019) and Mr Guy Millward (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Milner | United Kingdom | 57 years | Aug 2019 | - | Director |
| Mr Guy Millward | 59 years | Dec 2020 | - | Director |
P&L
June 2023turnover
12.1m
+12%
operating profit
4.6m
+80%
gross margin
54.2%
+24.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
6.1m
+0.52%
total assets
14.8m
+0.28%
cash
0
0%
net assets
Total assets minus all liabilities
axco insurance information services limited company details
company number
03073807
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
66290 - Other activities auxiliary to insurance and pension funding
incorporation date
June 1995
age
30
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
June 2023
previous names
templeco 262 limited (January 1996)
accountant
-
auditor
-
address
suite 215/216 fort dunlop, 2nd f, fort parkway, birmingham, B24 9FD
Bank
BARCLAYS BANK PLC
Legal Advisor
OSBORNE CLARKE
axco insurance information 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 found 1 charges/mortgages relating to axco insurance information services limited. Currently there are 0 open charges and 1 have been satisfied in the past.
axco insurance information 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.
Click to start generating capital raising & share issue transactions for AXCO INSURANCE INFORMATION SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
axco insurance information services limited Companies House Filings - See Documents
| date | description | view/download |
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