rickett, baldwin (insurance agents) limited

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rickett, baldwin (insurance agents) limited Company Information

Share RICKETT, BALDWIN (INSURANCE AGENTS) LIMITED

Company Number

03237362

Shareholders

robert james downard

caroline downard

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Group Structure

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Industry

Activities of insurance agents and brokers

 

Registered Address

odin cottage salisbury road, chilmark, salisbury, wiltshire, SP3 5AH

rickett, baldwin (insurance agents) limited Estimated Valuation

£221.8k

Pomanda estimates the enterprise value of RICKETT, BALDWIN (INSURANCE AGENTS) LIMITED at £221.8k based on a Turnover of £269.5k and 0.82x industry multiple (adjusted for size and gross margin).

rickett, baldwin (insurance agents) limited Estimated Valuation

£66.8k

Pomanda estimates the enterprise value of RICKETT, BALDWIN (INSURANCE AGENTS) LIMITED at £66.8k based on an EBITDA of £13.3k and a 5.01x industry multiple (adjusted for size and gross margin).

rickett, baldwin (insurance agents) limited Estimated Valuation

£158.9k

Pomanda estimates the enterprise value of RICKETT, BALDWIN (INSURANCE AGENTS) LIMITED at £158.9k based on Net Assets of £83.7k and 1.9x industry multiple (adjusted for liquidity).

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Rickett, Baldwin (insurance Agents) Limited Overview

Rickett, Baldwin (insurance Agents) Limited is a live company located in salisbury, SP3 5AH with a Companies House number of 03237362. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in August 1996, it's largest shareholder is robert james downard with a 80% stake. Rickett, Baldwin (insurance Agents) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £269.5k with declining growth in recent years.

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Rickett, Baldwin (insurance Agents) Limited Health Check

Pomanda's financial health check has awarded Rickett, Baldwin (Insurance Agents) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £269.5k, make it smaller than the average company (£2.6m)

£269.5k - Rickett, Baldwin (insurance Agents) Limited

£2.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (8.1%)

-2% - Rickett, Baldwin (insurance Agents) Limited

8.1% - Industry AVG

production

Production

with a gross margin of 65.6%, this company has a higher cost of product (95.3%)

65.6% - Rickett, Baldwin (insurance Agents) Limited

95.3% - Industry AVG

profitability

Profitability

an operating margin of 5% make it less profitable than the average company (19.7%)

5% - Rickett, Baldwin (insurance Agents) Limited

19.7% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (17)

3 - Rickett, Baldwin (insurance Agents) Limited

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £58.4k, the company has an equivalent pay structure (£58.4k)

£58.4k - Rickett, Baldwin (insurance Agents) Limited

£58.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £89.8k, this is less efficient (£134.2k)

£89.8k - Rickett, Baldwin (insurance Agents) Limited

£134.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 211 days, this is later than average (67 days)

211 days - Rickett, Baldwin (insurance Agents) Limited

67 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 322 days, this is slower than average (238 days)

322 days - Rickett, Baldwin (insurance Agents) Limited

238 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rickett, Baldwin (insurance Agents) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Rickett, Baldwin (insurance Agents) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 49.5%, this is a similar level of debt than the average (51.8%)

49.5% - Rickett, Baldwin (insurance Agents) Limited

51.8% - Industry AVG

RICKETT, BALDWIN (INSURANCE AGENTS) LIMITED financials

EXPORTms excel logo

Rickett, Baldwin (Insurance Agents) Limited's latest turnover from December 2024 is estimated at £269.5 thousand and the company has net assets of £83.7 thousand. According to their latest financial statements, Rickett, Baldwin (Insurance Agents) Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover269,476274,579249,166282,778315,860269,687218,085244,836245,728224,719129,251131,916178,526162,011169,526
Other Income Or Grants
Cost Of Sales92,559108,12695,434109,374127,941114,94792,180113,886106,713102,01864,17269,88195,64189,35190,826
Gross Profit176,917166,453153,732173,404187,918154,739125,905130,950139,014122,70165,07962,03482,88472,66078,700
Admin Expenses163,577162,280163,718159,340172,667137,858110,746166,322125,91389,75763,40665,46289,31972,31984,588-58,671
Operating Profit13,3404,173-9,98614,06415,25116,88115,159-35,37213,10132,9441,673-3,428-6,435341-5,88858,671
Interest Payable
Interest Receivable126284300212148228151
Pre-Tax Profit13,3404,173-9,98614,06415,25116,88115,159-35,37213,10133,0701,957-3,128-6,223489-5,66058,822
Tax-3,335-1,043-2,672-2,898-3,207-2,880-2,620-6,614-411-127-16,470
Profit After Tax10,0053,130-9,98611,39212,35313,67412,279-35,37210,48126,4561,546-3,128-6,223362-5,66042,352
Dividends Paid
Retained Profit10,0053,130-9,98611,39212,35313,67412,279-35,37210,48126,4561,546-3,128-6,223362-5,66042,352
Employee Costs175,286157,157148,894202,578250,615193,877143,018181,72589,24787,92542,53282,12080,80079,47479,371
Number Of Employees333454342212222
EBITDA*13,3404,173-9,98614,06415,25116,88115,159-35,37213,10132,9447,8921,737-1,4615,459-41463,949

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets7,89613,02017,15524,19332,05619,62123,81425,64432,20439,5263,2253,5842,9453,0344,1485,528
Intangible Assets6,82510,91815,01119,10423,19727,291
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets7,89613,02017,15524,19332,05619,62123,81425,64432,20439,52610,05014,50217,95622,13827,34532,819
Stock & work in progress
Trade Debtors156,444184,016178,520165,448124,302136,537142,334123,498135,590123,51372,39384,071125,528125,871126,956112,106
Group Debtors
Misc Debtors1,2551,175722416224222
Cash50,33963,31756,70328,25730,86360,477
misc current assets169196
total current assets157,699185,191179,242165,864124,526136,759142,503123,694135,590123,513122,732147,388182,231154,128157,819172,583
total assets165,595198,211196,397190,057156,582156,380166,317149,338167,794163,039132,782161,890200,187176,266185,164205,402
Bank overdraft
Bank loan
Trade Creditors 81,794124,415125,731109,40587,14399,073123,029118,428101,608106,21099,787128,066161,087139,112148,372162,950
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities81,794124,415125,731109,40587,14399,073123,029118,428101,608106,21099,787128,066161,087139,112148,372162,950
loans
hp & lease commitments
Accruals and Deferred Income14014014014031954019596
other liabilities1,1243,6466,0218,169
provisions
total long term liabilities140140140140319540195961,1243,6466,0218,169
total liabilities81,934124,555125,871109,54587,46299,613123,224118,524101,608107,334103,433134,087169,256139,112148,372162,950
net assets83,66173,65670,52680,51269,12056,76743,09330,81466,18655,70529,34927,80330,93137,15436,79242,452
total shareholders funds83,66173,65670,52680,51269,12056,76743,09330,81466,18655,70529,34927,80330,93137,15436,79242,452
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit13,3404,173-9,98614,06415,25116,88115,159-35,37213,10132,9441,673-3,428-6,435341-5,88858,671
Depreciation2,1261,0728811,0251,3801,185
Amortisation4,0934,0934,0934,0934,0944,093
Tax-3,335-1,043-2,672-2,898-3,207-2,880-2,620-6,614-411-127-16,470
Stock
Debtors-27,4925,94913,37841,338-12,233-5,57518,836-12,09212,07751,120-11,678-41,457-343-1,08514,850112,106
Creditors-42,621-1,31616,32622,262-11,930-23,9564,60116,820-4,6026,423-28,279-33,02121,975-9,260-14,578162,950
Accruals and Deferred Income-179-2213459996
Deferred Taxes & Provisions
Cash flow from operations-5,124-4,135-7,038-7,86312,435-4,362-1,857-6,364-6,198-18,367-9,12010,17320,857-2,843-29,84298,323
Investing Activities
capital expenditure5,1244,1357,0387,863-12,4354,1931,8306,5607,322-29,476-1,767-1,711-79289-38,097
Change in Investments
cash flow from investments5,1244,1357,0387,863-12,4354,1931,8306,5607,322-29,476-1,767-1,711-79289-38,097
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-1,124-2,522-2,375-2,1488,169
share issue-100100
interest126284300212148228151
cash flow from financing-1,124-2,496-2,091-1,8488,381148228251
cash and cash equivalents
cash-50,339-12,9786,61428,446-2,606-29,61460,477
overdraft
change in cash-50,339-12,9786,61428,446-2,606-29,61460,477

rickett, baldwin (insurance agents) 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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Rickett, Baldwin (insurance Agents) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rickett, baldwin (insurance agents) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in SP3 area or any other competitors across 12 key performance metrics.

rickett, baldwin (insurance agents) limited Ownership

RICKETT, BALDWIN (INSURANCE AGENTS) LIMITED group structure

Rickett, Baldwin (Insurance Agents) Limited has no subsidiary companies.

Ultimate parent company

RICKETT, BALDWIN (INSURANCE AGENTS) LIMITED

03237362

RICKETT, BALDWIN (INSURANCE AGENTS) LIMITED Shareholders

robert james downard 80%
caroline downard 10%
anthony richard miles 10%

rickett, baldwin (insurance agents) limited directors

Rickett, Baldwin (Insurance Agents) Limited currently has 1 director, Mr Robert Downard serving since Sep 1998.

officercountryagestartendrole
Mr Robert Downard57 years Sep 1998- Director

P&L

December 2024

turnover

269.5k

-2%

operating profit

13.3k

0%

gross margin

65.7%

+8.3%

turnover

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

Balance Sheet

December 2024

net assets

83.7k

+0.14%

total assets

165.6k

-0.16%

cash

0

0%

net assets

Total assets minus all liabilities

rickett, baldwin (insurance agents) limited company details

company number

03237362

Type

Private limited with Share Capital

industry

66220 - Activities of insurance agents and brokers

incorporation date

August 1996

age

29

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2024

previous names

N/A

accountant

-

auditor

-

address

odin cottage salisbury road, chilmark, salisbury, wiltshire, SP3 5AH

Bank

-

Legal Advisor

-

rickett, baldwin (insurance agents) 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 rickett, baldwin (insurance agents) limited.

rickett, baldwin (insurance agents) 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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rickett, baldwin (insurance agents) limited Companies House Filings - See Documents

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