ashbrooke underwriting limited

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ashbrooke underwriting limited Company Information

Share ASHBROOKE UNDERWRITING LIMITED

Company Number

03237594

Shareholders

bestpark international limited

Group Structure

View All

Industry

Non-life insurance

 

Registered Address

8 eagle court, london, EC1M 5QD

ashbrooke underwriting limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ASHBROOKE UNDERWRITING LIMITED at £0 based on a Turnover of £0 and 0.59x industry multiple (adjusted for size and gross margin).

ashbrooke underwriting limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ASHBROOKE UNDERWRITING LIMITED at £0 based on an EBITDA of £-102k and a 6.6x industry multiple (adjusted for size and gross margin).

ashbrooke underwriting limited Estimated Valuation

£5.9m

Pomanda estimates the enterprise value of ASHBROOKE UNDERWRITING LIMITED at £5.9m based on Net Assets of £3.5m and 1.68x industry multiple (adjusted for liquidity).

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Ashbrooke Underwriting Limited Overview

Ashbrooke Underwriting Limited is a live company located in london, EC1M 5QD with a Companies House number of 03237594. It operates in the non-life insurance sector, SIC Code 65120. Founded in August 1996, it's largest shareholder is bestpark international limited with a 100% stake. Ashbrooke Underwriting Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Ashbrooke Underwriting Limited Health Check

Pomanda's financial health check has awarded Ashbrooke Underwriting Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

1 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

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production

Production

There is insufficient data available for this Key Performance Indicator!

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profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (26)

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- - Industry AVG

paystructure

Pay Structure

on an average salary of £65.4k, the company has an equivalent pay structure (£65.4k)

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- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

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debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

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creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

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stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

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cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

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debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

ASHBROOKE UNDERWRITING LIMITED financials

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Ashbrooke Underwriting Limited's latest turnover from December 2023 is 0 and the company has net assets of £3.5 million. According to their latest financial statements, Ashbrooke Underwriting Limited has 2 employees and maintains cash reserves of £2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover000000000000000
Other Income Or Grants000000000000000
Cost Of Sales000000000000000
Gross Profit000000000000000
Admin Expenses101,95567,4806,6950-18,51900-12,500-1,250-3,147-3,795-3,959-3,44800
Operating Profit-101,955-67,480-6,695018,5190012,5001,2503,1473,7953,9593,44800
Interest Payable00000000001,2031,33374800
Interest Receivable000000000055300
Pre-Tax Profit000019,00025,0007,00013,0001,0002,0002,0003,0003,00000
Tax0000-4,000-5,000-1,000-3,000000-1,000-1,00000
Profit After Tax000015,00020,0006,00010,0001,0002,0002,0002,0002,00000
Dividends Paid00024,475,00000000000000
Retained Profit000-24,475,00015,00020,0006,00010,0001,0002,0002,0002,0002,00000
Employee Costs130,760124,58400000048,59150,2870046,67746,18349,093
Number Of Employees221111111111111
EBITDA*-101,955-67,480-6,695018,5190012,5001,2503,1473,7953,9593,44800

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets0000000000440,000438,000436,00000
Intangible Assets000000000000000
Investments & Other00003,516,0003,490,0003,465,0003,458,000443,000442,00000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets00003,516,0003,490,0003,465,0003,458,000443,000442,000440,000438,000436,00000
Stock & work in progress000000000000000
Trade Debtors00000000027,516,00000000
Group Debtors483,000544,000570,00088,00024,497,00024,509,00024,510,00024,513,0000000000
Misc Debtors1,077,0001,044,0001,018,0000000027,516,000000000
Cash1,956,0001,928,0001,928,0003,428,0000000001,0001,0001,00000
misc current assets000000000000000
total current assets3,516,0003,516,0003,516,0003,516,00024,497,00024,509,00024,510,00024,513,00027,516,00027,516,00027,516,00027,516,00027,521,00000
total assets3,516,0003,516,0003,516,0003,516,00028,013,00027,999,00027,975,00027,971,00027,959,00027,958,00027,956,00027,954,00027,957,00000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 00000000019,00000000
Group/Directors Accounts000018,00018,00019,00021,0000000000
other short term finances000000000019,00018,00023,00000
hp & lease commitments000000000000000
other current liabilities00004,0005,0000019,000000000
total current liabilities000022,00023,00019,00021,00019,00019,00019,00019,00024,00000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities000022,00023,00019,00021,00019,00019,00019,00019,00024,00000
net assets3,516,0003,516,0003,516,0003,516,00027,991,00027,976,00027,956,00027,950,00027,940,00027,939,00027,937,00027,935,00027,933,00000
total shareholders funds3,516,0003,516,0003,516,0003,516,00027,991,00027,976,00027,956,00027,950,00027,940,00027,939,00027,937,00027,935,00027,933,00000
Dec 2023Dec 2022Dec 2021Dec 2020Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit-101,955-67,480-6,695018,5190012,5001,2503,1473,7953,9593,44800
Depreciation000000000000000
Amortisation000000000000000
Tax0000-4,000-5,000-1,000-3,000000-1,000-1,00000
Stock000000000000000
Debtors-28,00001,500,000-24,421,000-12,000-1,000-3,000-3,003,000027,516,00000000
Creditors00000000-19,00019,00000000
Accruals and Deferred Income000-5,000-1,0005,0000-19,00019,000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-73,955-67,480-1,506,69524,416,00025,5191,0002,0002,993,5001,250-27,493,8533,7952,9592,44800
Investing Activities
capital expenditure000000000440,000-2,000-2,000-436,00000
Change in Investments000-3,490,00026,00025,0007,0003,015,0001,000442,00000000
cash flow from investments0003,490,000-26,000-25,000-7,000-3,015,000-1,000-2,000-2,000-2,000-436,00000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000-18,0000-1,000-2,00021,0000000000
Other Short Term Loans 000000000-19,0001,000-5,00023,00000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00015,0000000000027,931,00000
interest0000000000-1,198-1,328-74500
cash flow from financing000-3,0000-1,000-2,00021,0000-19,000-198-6,32827,953,25500
cash and cash equivalents
cash28,0000-1,500,0003,428,00000000-1,000001,00000
overdraft000000000000000
change in cash28,0000-1,500,0003,428,00000000-1,000001,00000

ashbrooke underwriting 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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Ashbrooke Underwriting Limited Competitor Analysis

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Perform a competitor analysis for ashbrooke underwriting limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mature companies, companies in EC1M area or any other competitors across 12 key performance metrics.

ashbrooke underwriting limited Ownership

ASHBROOKE UNDERWRITING LIMITED group structure

Ashbrooke Underwriting Limited has no subsidiary companies.

Ultimate parent company

2 parents

ASHBROOKE UNDERWRITING LIMITED

03237594

ASHBROOKE UNDERWRITING LIMITED Shareholders

bestpark international limited 100%

ashbrooke underwriting limited directors

Ashbrooke Underwriting Limited currently has 2 directors. The longest serving directors include Mr Steven Gowland (May 2020) and Mr Andrew Morpeth (May 2020).

officercountryagestartendrole
Mr Steven Gowland55 years May 2020- Director
Mr Andrew MorpethEngland60 years May 2020- Director

P&L

December 2023

turnover

0

0%

operating profit

-102k

0%

gross margin

0%

0%

turnover

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

Balance Sheet

December 2023

net assets

3.5m

0%

total assets

3.5m

0%

cash

2m

+0.01%

net assets

Total assets minus all liabilities

ashbrooke underwriting limited company details

company number

03237594

Type

Private limited with Share Capital

industry

65120 - Non-life insurance

incorporation date

August 1996

age

29

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

aa underwriting limited (July 2020)

accountant

-

auditor

LB GROUP LIMITED

address

8 eagle court, london, EC1M 5QD

Bank

-

Legal Advisor

-

ashbrooke underwriting 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 ashbrooke underwriting limited.

ashbrooke underwriting 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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ashbrooke underwriting limited Companies House Filings - See Documents

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