balmain underwriting (nameco no.382) limited
balmain underwriting (nameco no.382) limited Company Information
Company Number
03846559
Next Accounts
Sep 2025
Directors
Shareholders
ramsay w (holdings) ltd
Group Structure
View All
Industry
Life insurance
+2Registered Address
3 castlegate, grantham, lincolnshire, NG31 6SF
Website
hampden.co.ukbalmain underwriting (nameco no.382) limited Estimated Valuation
Pomanda estimates the enterprise value of BALMAIN UNDERWRITING (NAMECO NO.382) LIMITED at £0 based on a Turnover of £3.9m and 0x industry multiple (adjusted for size and gross margin).
balmain underwriting (nameco no.382) limited Estimated Valuation
Pomanda estimates the enterprise value of BALMAIN UNDERWRITING (NAMECO NO.382) LIMITED at £0 based on an EBITDA of £797.7k and a 0x industry multiple (adjusted for size and gross margin).
balmain underwriting (nameco no.382) limited Estimated Valuation
Pomanda estimates the enterprise value of BALMAIN UNDERWRITING (NAMECO NO.382) LIMITED at £4.1m based on Net Assets of £2.4m and 1.72x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Balmain Underwriting (nameco No.382) Limited Overview
Balmain Underwriting (nameco No.382) Limited is a live company located in lincolnshire, NG31 6SF with a Companies House number of 03846559. It operates in the life insurance sector, SIC Code 65110. Founded in September 1999, it's largest shareholder is ramsay w (holdings) ltd with a 100% stake. Balmain Underwriting (nameco No.382) Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.9m with rapid growth in recent years.
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Balmain Underwriting (nameco No.382) Limited Health Check
Pomanda's financial health check has awarded Balmain Underwriting (Nameco No.382) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 0 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
0 Weak
Size
annual sales of £3.9m, make it larger than the average company (£1.2m)
£3.9m - Balmain Underwriting (nameco No.382) Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (9.9%)
30% - Balmain Underwriting (nameco No.382) Limited
9.9% - Industry AVG
Production
with a gross margin of 99.9%, this company has a comparable cost of product (99.9%)
99.9% - Balmain Underwriting (nameco No.382) Limited
99.9% - Industry AVG
Profitability
an operating margin of 20.4% make it more profitable than the average company (12.4%)
20.4% - Balmain Underwriting (nameco No.382) Limited
12.4% - Industry AVG
Employees
with 27 employees, this is above the industry average (13)
- Balmain Underwriting (nameco No.382) Limited
13 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Balmain Underwriting (nameco No.382) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £145.1k, this is equally as efficient (£162k)
- Balmain Underwriting (nameco No.382) Limited
£162k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (193 days)
14 days - Balmain Underwriting (nameco No.382) Limited
193 days - Industry AVG
Creditor Days
its suppliers are paid after 76174 days, this is slower than average (241 days)
76174 days - Balmain Underwriting (nameco No.382) Limited
241 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Balmain Underwriting (nameco No.382) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 23 weeks, this is more cash available to meet short term requirements (13 weeks)
23 weeks - Balmain Underwriting (nameco No.382) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.4%, this is a similar level of debt than the average (86.5%)
80.4% - Balmain Underwriting (nameco No.382) Limited
86.5% - Industry AVG
BALMAIN UNDERWRITING (NAMECO NO.382) LIMITED financials
Balmain Underwriting (Nameco No.382) Limited's latest turnover from December 2023 is £3.9 million and the company has net assets of £2.4 million. According to their latest financial statements, we estimate that Balmain Underwriting (Nameco No.382) Limited has 27 employees and maintains cash reserves of £698.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,917,704 | 2,771,956 | 1,808,581 | 1,775,387 | 1,788,983 | 1,853,584 | 1,807,277 | 1,504,162 | 1,467,536 | 1,501,346 | 1,548,955 | 1,542,326 | 1,523,136 | 1,640,197 | 1,910,903 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 795,151 | 15,128 | 378,571 | 49,585 | 305,477 | -92,872 | 65,311 | 371,721 | 209,908 | 222,467 | 265,406 | 196,090 | -78,311 | 44,666 | 261,776 |
| Tax | -172,456 | 3,650 | -62,169 | 2,731 | -47,727 | 21,263 | -1,466 | -68,195 | -20,253 | -53,511 | -60,380 | -23,955 | 20,736 | -20,901 | -59,782 |
| Profit After Tax | 622,695 | 18,778 | 316,402 | 52,316 | 257,750 | -71,609 | 63,845 | 303,526 | 189,655 | 168,956 | 205,026 | 172,135 | -57,575 | 23,765 | 201,994 |
| Dividends Paid | 86,009 | 71,868 | 64,525 | 50,000 | 294,818 | 316,580 | |||||||||
| Retained Profit | 622,695 | 18,778 | 316,402 | 52,316 | 257,750 | -71,609 | 63,845 | 303,526 | 189,655 | 82,947 | 133,158 | 107,610 | -107,575 | -271,053 | -114,586 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,756,740 | 7,453,627 | 5,797,993 | 3,946,549 | 3,776,443 | 1,467,928 | 3,634,372 | 4,131,307 | 3,076,853 | 3,173,465 | 2,977,414 | 3,115,911 | 3,370,559 | 3,408,878 | 3,500,614 |
| Intangible Assets | 172,462 | 185,478 | 22,466 | 1,052 | 2,104 | 7,677 | 15,954 | 25,883 | 1,363 | 3,136 | 14,163 | 33,481 | 49,881 | ||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 8,929,202 | 7,639,105 | 5,820,459 | 3,947,601 | 3,778,547 | 1,475,605 | 3,650,326 | 4,157,190 | 3,076,853 | 3,173,465 | 2,978,777 | 3,119,047 | 3,384,722 | 3,442,359 | 3,550,495 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 154,296 | 146,017 | 800,236 | 1,020,103 | 1,038,602 | 1,340,457 | 1,261,565 | 1,153,436 | 1,067,923 | 1,037,653 | 875,348 | 813,557 | 811,005 | 853,330 | 972,996 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 698,732 | 540,910 | 640,011 | 467,886 | 584,939 | 540,936 | 409,650 | 310,725 | 290,143 | 256,594 | 223,536 | 239,721 | 342,507 | 274,468 | 254,572 |
| misc current assets | 36,870 | 23,146 | 14,687 | 17,664 | 16,810 | 19,733 | 16,961 | 11,868 | 10,588 | 11,417 | 8,787 | 9,576 | 17,097 | 12,350 | 20,508 |
| total current assets | 3,309,309 | 2,548,692 | 1,831,443 | 3,505,368 | 3,654,442 | 3,767,803 | 3,574,454 | 3,353,099 | 2,745,972 | 2,014,909 | 1,841,421 | 1,925,995 | 1,885,534 | 1,719,758 | 1,862,629 |
| total assets | 12,238,511 | 10,187,797 | 7,651,902 | 7,452,969 | 7,432,989 | 5,243,408 | 7,224,780 | 7,510,289 | 5,822,825 | 5,188,374 | 4,820,198 | 5,045,042 | 5,270,256 | 5,162,117 | 5,413,124 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 835,821 | 759,264 | 470,725 | 512,436 | 486,234 | 545,848 | 452,172 | 382,716 | 363,674 | 351,314 | 263,115 | 287,338 | 324,651 | 369,962 | 353,231 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 18,755 | 34,272 | 6,995 | 99 | |||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 1,554,147 | 1,297,468 | 938,905 | 1,186,782 | 1,267,660 | 1,454,778 | 1,323,636 | 1,988,433 | 1,281,059 | 731,885 | 553,154 | 655,563 | 704,969 | 724,544 | 807,809 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 8,288,892 | 7,117,552 | 4,958,998 | 4,830,079 | 4,783,321 | 4,940,932 | 4,700,759 | 4,378,898 | 3,740,122 | 3,853,848 | 3,768,151 | 4,023,744 | 4,307,162 | 4,071,873 | 3,968,562 |
| total liabilities | 9,843,039 | 8,415,020 | 5,897,903 | 6,016,861 | 6,050,981 | 6,395,710 | 6,024,395 | 6,367,331 | 5,021,181 | 4,585,733 | 4,321,305 | 4,679,307 | 5,012,131 | 4,796,417 | 4,776,371 |
| net assets | 2,395,472 | 1,772,777 | 1,753,999 | 1,436,108 | 1,382,008 | -1,152,302 | 1,200,385 | 1,142,958 | 801,644 | 602,641 | 498,893 | 365,735 | 258,125 | 365,700 | 636,753 |
| total shareholders funds | 2,395,472 | 1,772,777 | 1,753,999 | 1,436,108 | 1,382,008 | 1,114,414 | 1,200,385 | 1,142,958 | 801,644 | 602,641 | 498,893 | 365,735 | 258,125 | 365,700 | 636,753 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -172,456 | 3,650 | -62,169 | 2,731 | -47,727 | 21,263 | -1,466 | -68,195 | -20,253 | -53,511 | -60,380 | -23,955 | 20,736 | -20,901 | -59,782 |
| Stock | |||||||||||||||
| Debtors | 8,279 | -654,219 | -219,867 | -18,499 | -301,855 | 78,892 | 108,129 | 85,513 | 30,270 | 162,305 | 61,791 | 2,552 | -42,325 | -119,666 | 972,996 |
| Creditors | 76,557 | 288,539 | -41,711 | 26,202 | -59,614 | 93,676 | 69,456 | 19,042 | 12,360 | 88,199 | -24,223 | -37,313 | -45,311 | 16,731 | 353,231 |
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | -18,755 | -15,517 | 27,277 | 6,995 | -99 | 99 | |||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 157,822 | -99,101 | 172,125 | -117,053 | 44,003 | 131,286 | 98,925 | 20,582 | 33,549 | 33,058 | -16,185 | -102,786 | 68,039 | 19,896 | 254,572 |
| overdraft | |||||||||||||||
| change in cash | 157,822 | -99,101 | 172,125 | -117,053 | 44,003 | 131,286 | 98,925 | 20,582 | 33,549 | 33,058 | -16,185 | -102,786 | 68,039 | 19,896 | 254,572 |
balmain underwriting (nameco no.382) limited Credit Report and Business Information
Balmain Underwriting (nameco No.382) Limited Competitor Analysis
Perform a competitor analysis for balmain underwriting (nameco no.382) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in NG31 area or any other competitors across 12 key performance metrics.
balmain underwriting (nameco no.382) limited Ownership
BALMAIN UNDERWRITING (NAMECO NO.382) LIMITED group structure
Balmain Underwriting (Nameco No.382) Limited has no subsidiary companies.
Ultimate parent company
1 parent
BALMAIN UNDERWRITING (NAMECO NO.382) LIMITED
03846559
balmain underwriting (nameco no.382) limited directors
Balmain Underwriting (Nameco No.382) Limited currently has 1 director, Mr William Ramsay serving since Jul 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Ramsay | United Kingdom | 56 years | Jul 2017 | - | Director |
P&L
December 2023turnover
3.9m
+41%
operating profit
797.7k
0%
gross margin
99.9%
+36.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.4m
+0.35%
total assets
12.2m
+0.2%
cash
698.7k
+0.29%
net assets
Total assets minus all liabilities
balmain underwriting (nameco no.382) limited company details
company number
03846559
Type
Private limited with Share Capital
industry
65202 - Non-life reinsurance
65110 - Life insurance
65201 - Life reinsurance
incorporation date
September 1999
age
26
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
nameco (no.382) limited (June 2000)
accountant
-
auditor
HUMPHREY & CO AUDIT SERVICES LTD
address
3 castlegate, grantham, lincolnshire, NG31 6SF
Bank
-
Legal Advisor
-
balmain underwriting (nameco no.382) 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 145 charges/mortgages relating to balmain underwriting (nameco no.382) limited. Currently there are 144 open charges and 1 have been satisfied in the past.
balmain underwriting (nameco no.382) 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 BALMAIN UNDERWRITING (NAMECO NO.382) LIMITED. This can take several minutes, an email will notify you when this has completed.
balmain underwriting (nameco no.382) limited Companies House Filings - See Documents
| date | description | view/download |
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