ashton insurance services limited

1.5

ashton insurance services limited Company Information

Share ASHTON INSURANCE SERVICES LIMITED
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Company Number

03325135

Registered Address

ct3 building, wigan investment centre watersid, wigan, lancashire, WN3 5BA

Industry

Activities of insurance agents and brokers

 

Telephone

01942734008

Next Accounts Due

November 2025

Group Structure

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Directors

Stephen Brown27 Years

Susan Brown9 Years

Shareholders

john anthony levin 50%

stephen brown 26%

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ashton insurance services limited Estimated Valuation

£226.6k

Pomanda estimates the enterprise value of ASHTON INSURANCE SERVICES LIMITED at £226.6k based on a Turnover of £194.6k and 1.16x industry multiple (adjusted for size and gross margin).

ashton insurance services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ASHTON INSURANCE SERVICES LIMITED at £0 based on an EBITDA of £-19.5k and a 4.39x industry multiple (adjusted for size and gross margin).

ashton insurance services limited Estimated Valuation

£437k

Pomanda estimates the enterprise value of ASHTON INSURANCE SERVICES LIMITED at £437k based on Net Assets of £155.6k and 2.81x industry multiple (adjusted for liquidity).

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Ashton Insurance Services Limited Overview

Ashton Insurance Services Limited is a live company located in wigan, WN3 5BA with a Companies House number of 03325135. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in February 1997, it's largest shareholder is john anthony levin with a 50% stake. Ashton Insurance Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £194.6k with declining growth in recent years.

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Ashton Insurance Services Limited Health Check

Pomanda's financial health check has awarded Ashton Insurance Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £194.6k, make it smaller than the average company (£3m)

£194.6k - Ashton Insurance Services Limited

£3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (9%)

-7% - Ashton Insurance Services Limited

9% - Industry AVG

production

Production

with a gross margin of 59.4%, this company has a higher cost of product (95%)

59.4% - Ashton Insurance Services Limited

95% - Industry AVG

profitability

Profitability

an operating margin of -10% make it less profitable than the average company (16.6%)

-10% - Ashton Insurance Services Limited

16.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (19)

2 - Ashton Insurance Services Limited

19 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.7k, the company has an equivalent pay structure (£52.7k)

£52.7k - Ashton Insurance Services Limited

£52.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £97.3k, this is less efficient (£118k)

£97.3k - Ashton Insurance Services Limited

£118k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 302 days, this is later than average (73 days)

302 days - Ashton Insurance Services Limited

73 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 28 days, this is quicker than average (93 days)

28 days - Ashton Insurance Services Limited

93 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ashton Insurance Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ashton Insurance Services Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3.8%, this is a lower level of debt than the average (59.1%)

3.8% - Ashton Insurance Services Limited

59.1% - Industry AVG

ASHTON INSURANCE SERVICES LIMITED financials

EXPORTms excel logo

Ashton Insurance Services Limited's latest turnover from February 2024 is estimated at £194.6 thousand and the company has net assets of £155.6 thousand. According to their latest financial statements, Ashton Insurance Services Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover194,590209,873218,570244,391247,838244,006236,072228,0471,2391,4711,820884786571451
Other Income Or Grants000000000000000
Cost Of Sales79,04684,36283,34499,01791,838102,329106,651108,013536693956459429319232
Gross Profit115,544125,511135,226145,374156,000141,676129,421120,034703778864425358252219
Admin Expenses135,044137,916141,812139,206136,469120,267105,099107,289-28,288-16,511-3,8643,1411,3242,915-123,220
Operating Profit-19,500-12,405-6,5866,16819,53121,40924,32212,74528,99117,2894,728-2,716-966-2,663123,439
Interest Payable000000000000000
Interest Receivable0000000177640529471466475482245
Pre-Tax Profit-19,500-12,405-6,5866,16819,53121,40924,32212,92329,63117,8185,199-2,250-491-2,181123,685
Tax000-1,172-3,711-4,068-4,621-2,584-5,926-3,742-1,196000-34,632
Profit After Tax-19,500-12,405-6,5864,99615,82017,34119,70110,33823,70514,0764,003-2,250-491-2,18189,053
Dividends Paid000000000000000
Retained Profit-19,500-12,405-6,5864,99615,82017,34119,70110,33823,70514,0764,003-2,250-491-2,18189,053
Employee Costs105,30597,46796,932100,07594,248138,201130,780128,49242,02240,26139,82139,38139,38036,91140,729
Number Of Employees222223331111111
EBITDA*-19,500-12,405-6,5866,16819,53121,40924,32212,74530,06418,3845,726-1,763-616-2,287124,529

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets3866218623304445997667371,1302,2032,7152,5841,0281,3781,754
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets3866218623304445997667371,1302,2032,7152,5841,0281,3781,754
Stock & work in progress000000000000000
Trade Debtors161,392182,933207,996211,664217,398186,745168,495147,706000295318192209
Group Debtors000000000000000
Misc Debtors000000000000000
Cash00000000141,812114,34797,20691,04595,37594,81898,105
misc current assets000000000000000
total current assets161,392182,933207,996211,664217,398186,745168,495147,706141,812114,34797,20691,34095,69395,01098,314
total assets161,778183,554208,858211,994217,842187,344169,261148,443142,942116,55099,92193,92496,72196,388100,068
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 6,1588,43421,33317,88328,72714,04913,30712,19016,92714,24011,6879,69310,2409,41610,915
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities6,1588,43421,33317,88328,72714,04913,30712,19016,92714,24011,6879,69310,2409,41610,915
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities6,1588,43421,33317,88328,72714,04913,30712,19016,92714,24011,6879,69310,2409,41610,915
net assets155,620175,120187,525194,111189,115173,295155,954136,253126,015102,31088,23484,23186,48186,97289,153
total shareholders funds155,620175,120187,525194,111189,115173,295155,954136,253126,015102,31088,23484,23186,48186,97289,153
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-19,500-12,405-6,5866,16819,53121,40924,32212,74528,99117,2894,728-2,716-966-2,663123,439
Depreciation000000001,0731,0959989533503761,090
Amortisation000000000000000
Tax000-1,172-3,711-4,068-4,621-2,584-5,926-3,742-1,196000-34,632
Stock000000000000000
Debtors-21,541-25,063-3,668-5,73430,65318,25020,789147,70600-295-23126-17209
Creditors-2,276-12,8993,450-10,84414,6787421,117-4,7372,6872,5531,994-547824-1,49910,915
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-235-241532-114-155-16729-142,28226,82517,1956,819-2,28782-3,769100,603
Investing Activities
capital expenditure235241-532114155167-293930-583-1,129-2,50900-2,844
Change in Investments000000000000000
cash flow from investments235241-532114155167-293930-583-1,129-2,50900-2,844
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000000-100000000100
interest0000000177640529471466475482245
cash flow from financing000000077640529471466475482345
cash and cash equivalents
cash0000000-141,81227,46517,1416,161-4,330557-3,28798,105
overdraft000000000000000
change in cash0000000-141,81227,46517,1416,161-4,330557-3,28798,105

ashton insurance services 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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Ashton Insurance Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ashton insurance services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in WN3 area or any other competitors across 12 key performance metrics.

ashton insurance services limited Ownership

ASHTON INSURANCE SERVICES LIMITED group structure

Ashton Insurance Services Limited has no subsidiary companies.

Ultimate parent company

ASHTON INSURANCE SERVICES LIMITED

03325135

ASHTON INSURANCE SERVICES LIMITED Shareholders

john anthony levin 50%
stephen brown 26%
susan mary brown 24%

ashton insurance services limited directors

Ashton Insurance Services Limited currently has 2 directors. The longest serving directors include Mr Stephen Brown (Feb 1997) and Mrs Susan Brown (Sep 2015).

officercountryagestartendrole
Mr Stephen Brown65 years Feb 1997- Director
Mrs Susan BrownEngland68 years Sep 2015- Director

P&L

February 2024

turnover

194.6k

-7%

operating profit

-19.5k

0%

gross margin

59.4%

-0.71%

turnover

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

Balance Sheet

February 2024

net assets

155.6k

-0.11%

total assets

161.8k

-0.12%

cash

0

0%

net assets

Total assets minus all liabilities

ashton insurance services limited company details

company number

03325135

Type

Private limited with Share Capital

industry

66220 - Activities of insurance agents and brokers

incorporation date

February 1997

age

27

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

February 2024

address

ct3 building, wigan investment centre watersid, wigan, lancashire, WN3 5BA

accountant

-

auditor

-

ashton 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 ashton insurance services limited.

charges

ashton insurance services limited Companies House Filings - See Documents

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