assurant group limited

assurant group limited Company Information

Share ASSURANT GROUP LIMITED
Live 
Mature

Company Number

03264846

Industry

Activities of head offices

 

Shareholders

solutions cayman

Group Structure

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Contact

Registered Address

emerald buildings, westmere drive, crewe, cheshire, CW1 6UN

assurant group limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ASSURANT GROUP LIMITED at £0 based on a Turnover of £0 and 0.5x industry multiple (adjusted for size and gross margin).

assurant group limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ASSURANT GROUP LIMITED at £0 based on an EBITDA of £-129k and a 3.74x industry multiple (adjusted for size and gross margin).

assurant group limited Estimated Valuation

£474.5m

Pomanda estimates the enterprise value of ASSURANT GROUP LIMITED at £474.5m based on Net Assets of £222.5m and 2.13x industry multiple (adjusted for liquidity).

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Assurant Group Limited Overview

Assurant Group Limited is a live company located in crewe, CW1 6UN with a Companies House number of 03264846. It operates in the activities of head offices sector, SIC Code 70100. Founded in October 1996, it's largest shareholder is solutions cayman with a 100% stake. Assurant Group Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Assurant Group Limited Health Check

Pomanda's financial health check has awarded Assurant Group Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

0 Regular

positive_score

2 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

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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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employees

Employees

with 1 employees, this is below the industry average (111)

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- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

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efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

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

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)

- - Assurant Group Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1.7%, this is a lower level of debt than the average (55.4%)

- - Assurant Group Limited

- - Industry AVG

ASSURANT GROUP LIMITED financials

EXPORTms excel logo

Assurant Group Limited's latest turnover from December 2023 is 0 and the company has net assets of £222.5 million. According to their latest financial statements, we estimate that Assurant Group Limited has 1 employee and maintains cash reserves of £69 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover00000000694,000752,0001,055,000925,000446,000071,063,000
Other Income Or Grants000000000000000
Cost Of Sales00000000472,487520,600733,055643,478310,83500
Gross Profit00000000221,513231,400321,945281,522135,16500
Admin Expenses129,00081,000-1,749,0001,527,000-835,000459,000299,0003,342,000716,5134,005,4001,702,94531,578,52232,601,1658,845,00024,118,130
Operating Profit-129,000-81,0001,749,000-1,527,000835,000-459,000-299,000-3,342,000-495,000-3,774,000-1,381,000-31,297,000-32,466,000-8,845,000-24,118,130
Interest Payable32,000390,000615,0001,098,0001,269,0001,241,000935,0001,112,0000000006,338
Interest Receivable35,0006,00061,000109,000101,000101,000101,000101,00042,0002,00018,0002,00001,00064,468
Pre-Tax Profit30,362,00031,798,00036,330,000-2,854,000-331,0001,324,0001,495,000-4,353,000-2,351,000-24,849,000-15,038,000-29,390,000-32,400,000-10,233,000-22,647,000
Tax30,000255,0000478,00083,000282,000126,000639,0001,020,00000000-1,413,000
Profit After Tax30,392,00032,053,00036,330,000-2,376,000-248,0001,606,0001,621,000-3,714,000-1,331,000-24,849,000-15,038,000-29,390,000-32,400,000-10,233,000-24,060,000
Dividends Paid22,839,00020,000,0000000000000000
Retained Profit7,553,00012,053,00036,330,000-2,376,000-248,0001,606,0001,621,000-3,714,000-1,331,000-24,849,000-15,038,000-29,390,000-32,400,000-10,233,000-24,060,000
Employee Costs00000000039,000587,000352,000434,00009,921,000
Number Of Employees11111111522241220
EBITDA*-129,000-81,0001,749,000-1,527,000835,000-459,000-299,000-3,342,000-470,000-3,738,000-851,000-31,140,000-32,466,000-8,845,000-23,510,130

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets00000000025,000401,000815,000956,0000208,596,000
Intangible Assets0000000000000034,119,000
Investments & Other225,989,000222,532,000219,694,000220,327,000220,665,000220,665,000220,665,000222,237,000220,431,000220,824,000193,918,00085,926,000103,367,000129,668,0000
Debtors (Due After 1 year)00003,942,0003,942,0003,942,0003,942,0003,942,0000192,000192,000192,00000
Total Fixed Assets225,989,000222,532,000219,694,000220,327,000224,607,000224,607,000224,607,000226,179,000224,373,000220,849,000194,511,00086,933,000104,515,000129,668,000242,715,000
Stock & work in progress000000000000000
Trade Debtors0000000000000013,008,000
Group Debtors44,000923,0002,844,0005,903,0001,603,0002,077,00011,513,0001,935,000683,0006,157,0003,328,000678,0001,688,000532,0000
Misc Debtors255,000255,0000000220,000393,0001,022,0002,000113,000111,000115,0002,0000
Cash69,0001,238,000245,000130,000116,000542,000562,000110,0001,0002,467,000940,000416,00087,000120,00025,787,000
misc current assets0000000002,355,00000007,380,000
total current assets368,0002,416,0003,089,0006,033,0001,719,0002,619,00012,295,0002,438,0001,706,00010,981,0004,381,0001,205,0001,890,000654,00047,490,000
total assets226,357,000224,948,000222,783,000226,360,000226,326,000227,226,000236,902,000228,617,000226,079,000231,830,000198,892,00088,138,000106,405,000130,322,000290,205,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 000000000000003,370,000
Group/Directors Accounts3,771,00010,363,00012,930,00027,666,00012,915,00013,836,00037,189,00030,767,0008,890,0006,674,0006,178,0006,593,00013,585,0009,187,0000
other short term finances0000000000000310,000195,000
hp & lease commitments000000000000000
other current liabilities136,000104,000524,000369,000526,000530,000809,000909,000362,0003,003,00020,785,0001,106,0001,233,0001,324,0000
total current liabilities3,907,00010,467,00013,454,00028,035,00013,441,00014,366,00037,998,00031,676,0009,252,0009,677,00026,963,0007,699,00014,818,00010,821,00039,007,000
loans0012,901,000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000222,000222,0000000000000
other liabilities00033,332,00045,516,00045,465,00033,115,00032,773,00048,945,00057,307,00038,766,0000000
provisions000000000000000
total long term liabilities0012,901,00033,554,00045,738,00045,465,00033,115,00032,773,00048,945,00057,307,00038,766,000000168,414,000
total liabilities3,907,00010,467,00026,355,00061,589,00059,179,00059,831,00071,113,00064,449,00058,197,00066,984,00065,729,0007,699,00014,818,00010,821,000207,421,000
net assets222,450,000214,481,000196,428,000164,771,000167,147,000167,395,000165,789,000164,168,000167,882,000164,846,000133,163,00080,439,00091,587,000119,501,00082,784,000
total shareholders funds222,450,000214,481,000196,428,000164,771,000167,147,000167,395,000165,789,000164,168,000167,882,000164,846,000133,163,00080,439,00091,587,000119,501,00082,784,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-129,000-81,0001,749,000-1,527,000835,000-459,000-299,000-3,342,000-495,000-3,774,000-1,381,000-31,297,000-32,466,000-8,845,000-24,118,130
Depreciation0000000025,00036,000530,000157,00000608,000
Amortisation000000000000000
Tax30,000255,0000478,00083,000282,000126,000639,0001,020,00000000-1,413,000
Stock000000000000000
Debtors-879,000-1,666,000-3,059,000358,000-474,000-9,656,0009,405,000623,000-512,0002,526,0002,652,000-1,014,0001,461,000-12,474,00013,008,000
Creditors0000000000000-3,370,0003,370,000
Accruals and Deferred Income32,000-420,000-67,000-157,000218,000-279,000-100,000547,000-2,641,000-17,782,00019,679,000-127,000-91,0001,324,0000
Deferred Taxes & Provisions000000000000000
Cash flow from operations812,0001,420,0004,741,000-1,564,0001,610,0009,200,000-9,678,000-2,779,000-1,579,000-24,046,00016,176,000-30,253,000-34,018,0001,583,000-34,561,130
Investing Activities
capital expenditure000000000340,000-116,000-16,000-956,000242,715,000-243,323,000
Change in Investments3,457,0002,838,000-633,000-338,00000-1,572,0001,806,000-393,00026,906,000107,992,000-17,441,000-26,301,000129,668,0000
cash flow from investments-3,457,000-2,838,000633,000338,000001,572,000-1,806,000393,000-26,566,000-108,108,00017,425,00025,345,000113,047,000-243,323,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-6,592,000-2,567,000-14,736,00014,751,000-921,000-23,353,0006,422,00021,877,0002,216,000496,000-415,000-6,992,0004,398,0009,187,0000
Other Short Term Loans 000000000000-310,000115,000195,000
Long term loans0-12,901,00012,901,000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00-33,332,000-12,184,00051,00012,350,000342,000-16,172,000-8,362,00018,541,00038,766,0000000
share issue416,0006,000,000-4,673,000000004,367,00056,532,00067,762,00018,242,0004,486,00046,950,000106,844,000
interest3,000-384,000-554,000-989,000-1,168,000-1,140,000-834,000-1,011,00042,0002,00018,0002,00001,00058,130
cash flow from financing-6,173,000-9,852,000-40,394,0001,578,000-2,038,000-12,143,0005,930,0004,694,000-1,737,00075,571,000106,131,00011,252,0008,574,00056,253,000107,097,130
cash and cash equivalents
cash-1,169,000993,000115,00014,000-426,000-20,000452,000109,000-2,466,0001,527,000524,000329,000-33,000-25,667,00025,787,000
overdraft000000000000000
change in cash-1,169,000993,000115,00014,000-426,000-20,000452,000109,000-2,466,0001,527,000524,000329,000-33,000-25,667,00025,787,000

assurant group 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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Assurant Group Limited Competitor Analysis

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Perform a competitor analysis for assurant group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mature companies, companies in CW1 area or any other competitors across 12 key performance metrics.

assurant group limited Ownership

ASSURANT GROUP LIMITED group structure

Assurant Group Limited has 4 subsidiary companies.

Ultimate parent company

ASSURANT INC

#0061389

SOLUTIONS CAYMAN

#0005296

2 parents

ASSURANT GROUP LIMITED

03264846

4 subsidiaries

ASSURANT GROUP LIMITED Shareholders

solutions cayman 100%

assurant group limited directors

Assurant Group Limited currently has 5 directors. The longest serving directors include Mr Stuart Purdy (Nov 2019) and Mr Christian Formby Hernandez (Nov 2019).

officercountryagestartendrole
Mr Stuart PurdyUnited Kingdom62 years Nov 2019- Director
Mr Christian Formby HernandezUnited Kingdom46 years Nov 2019- Director
Ms Suzanne ShepherdUnited Kingdom42 years Feb 2023- Director
Mr Michael SchofieldUnited Kingdom48 years Feb 2023- Director
Mr Perry Thomas57 years Apr 2023- Director

P&L

December 2023

turnover

0

0%

operating profit

-129k

+59%

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

222.5m

+0.04%

total assets

226.4m

+0.01%

cash

69k

-0.94%

net assets

Total assets minus all liabilities

assurant group limited company details

company number

03264846

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

October 1996

age

29

incorporated

UK

ultimate parent company

ASSURANT INC

accounts

Full Accounts

last accounts submitted

December 2023

previous names

bankers insurance group limited (April 2000)

3061st single member shelf trading company limited (May 1997)

accountant

-

auditor

DELOITTE LLP

address

emerald buildings, westmere drive, crewe, cheshire, CW1 6UN

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

assurant group 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 assurant group limited.

assurant group 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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assurant group limited Companies House Filings - See Documents

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