Park Farm Underwriting Limited

POWER SEARCH PRICING

SOLUTIONS

park farm underwriting limited Company Information

Live

MatureSmallHealthy

Company Number

03848332

Website

Registered Address

5th floor 40 gracechurch street, london, EC3V 0BT

Industry

Non-life reinsurance

Pension funding

View All

Telephone

Next Accounts Due

September 2025

Group Structure

View All

Directors

Nigel Hanbury0 Years

Mark Tottman0 Years

Shareholders

helios underwriting plc 100%

park farm underwriting limited Estimated Valuation

£5.2m

Pomanda estimates the enterprise value of PARK FARM UNDERWRITING LIMITED at £5.2m based on Net Assets of £2.8m and 1.89x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Park Farm Underwriting Limited is a live company located in london, EC3V 0BT with a Companies House number of 03848332. It operates in the non-life insurance sector, SIC Code 65120. Founded in September 1999, it's largest shareholder is helios underwriting plc with a 100% stake. Park Farm Underwriting Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.8m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Park Farm Underwriting Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

1 Strong

4 Regular

5 Weak

Size

annual sales of £1.8m, make it smaller than the average company (£3.6m)

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (5.5%)

EXPORT

Park Farm Underwriting Limited's latest turnover from December 2023 is £1.8 million and the company has net assets of £2.8 million. According to their latest financial statements, we estimate that Park Farm Underwriting Limited has 9 employees and maintains cash reserves of £226.1 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	1,804,805	1,569,570	1,444,739	1,583,707	1,743,309	1,637,899	1,467,977	1,234,380	1,085,276	1,068,954	1,062,127	980,627	938,068	959,487	1,054,380
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	38,834	34,039	79,773	90,533	120,721	133,184	87,812	71,057	64,732	128,161	340,221	127,826	119,480	144,659	843,504
Gross Profit	1,765,971	1,535,531	1,364,966	1,493,174	1,622,588	1,504,715	1,380,165	1,163,323	1,020,544	940,793	721,906	852,801	818,588	814,828	210,876
Admin Expenses	1,439,702	1,639,240	814,014	1,590,910	1,093,593	1,769,697	1,389,342	902,321	877,059	740,402	185,066	554,054	918,658	541,202	-133,714
Operating Profit	326,269	-103,709	550,952	-97,736	528,995	-264,982	-9,177	261,002	143,485	200,391	536,840	298,747	-100,070	273,626	344,590
Interest Payable	0	0	171	890	2,243	1,716	262	0	0	0	4,090	4,090	0	3	3
Interest Receivable	13,339	11,656	893	390	2,929	2,363	1,443	615	1,007	1,163	1,340	1,575	1,679	1,615	797
Pre-Tax Profit	291,067	-91,292	518,968	-168,050	524,549	-277,461	-6,464	239,320	125,869	187,106	501,642	265,632	-130,967	241,370	311,640
Tax	-36,361	-761	-72,112	69,814	-95,508	13,127	-1,531	-30,026	-10,275	-27,879	-90,392	-40,495	32,576	-43,199	-62,964
Profit After Tax	254,706	-92,053	446,856	-98,236	429,041	-264,334	-7,995	209,294	115,594	159,227	411,250	225,137	-98,391	198,171	248,676
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	254,706	-92,053	446,856	-98,236	429,041	-264,334	-7,995	209,294	115,594	159,227	411,250	225,137	-98,391	198,171	248,676
Employee Costs	0	0	0	0	0	0	0	0	585,019	0	0	899	6,039	150,285	0
Number Of Employees	9	10	9	9	10	9	10	9	7	7	1	2	2	2	2
EBITDA*	326,269	-103,709	550,952	-97,736	528,995	-264,982	-9,177	261,002	143,485	200,391	536,840	298,747	-100,070	273,626	344,590

* 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	3,565,337	3,994,110	5,602,009	5,338,655	5,457,711	1,192,006	4,992,878	4,602,143	3,894,171	3,717,968	3,533,155	3,255,900	3,020,228	3,040,122	2,718,328
Intangible Assets	73,059	123,943	184,302	460	8,026	24,260	45,216	35,479	14,221	234	188	691	856	6,488	11,203
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	3,638,396	4,118,053	5,786,311	5,339,115	5,465,737	1,216,266	5,038,094	4,637,622	3,908,392	3,718,202	3,533,343	3,256,591	3,021,084	3,046,610	2,729,531
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	1,220,722	668,341	497,082	450,246	474,269	473,718	372,677	370,827	48,280	20,091	26,948	29,216	31,777	42,495	304,866
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	226,121	307,430	358,632	355,787	424,022	356,923	273,304	304,032	188,098	214,753	250,295	285,894	344,226	327,184	318,636
misc current assets	20,680	15,786	14,810	20,649	18,940	17,212	13,433	9,933	8,465	9,464	8,241	8,630	12,507	7,390	10,668
total current assets	4,073,883	3,576,132	1,704,799	1,654,512	1,742,211	1,890,564	1,452,519	1,558,067	1,332,041	1,333,961	1,368,614	1,164,792	1,207,411	1,300,767	1,352,317
total assets	7,712,279	7,694,185	7,491,110	6,993,627	7,207,948	3,106,830	6,490,613	6,195,689	5,240,433	5,052,163	4,901,957	4,421,383	4,228,495	4,347,377	4,081,848
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	452,232	508,277	367,360	429,839	423,533	572,229	414,958	329,751	280,893	276,498	222,214	228,253	198,507	248,200	219,989
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	5,481	23,684	42,784	8,054	0	0	0	0	125,835	0	0	94
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	662,183	574,527	547,250	540,430	653,985	904,487	699,048	693,856	521,448	498,771	461,906	468,716	484,402	557,659	468,964
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	4,284,132	4,431,869	4,164,018	4,120,211	4,122,741	4,046,478	3,525,050	3,227,323	2,653,769	2,603,770	2,649,656	2,573,522	2,590,085	2,537,319	2,558,656
total liabilities	4,946,315	5,006,396	4,711,268	4,660,641	4,776,726	4,950,965	4,224,098	3,921,179	3,175,217	3,102,541	3,111,562	3,042,238	3,074,487	3,094,978	3,027,620
net assets	2,765,964	2,687,789	2,779,842	2,332,986	2,431,222	-1,844,135	2,266,515	2,274,510	2,065,216	1,949,622	1,790,395	1,379,145	1,154,008	1,252,399	1,054,228
total shareholders funds	2,765,964	2,687,789	2,779,842	2,332,986	2,431,222	2,002,181	2,266,515	2,274,510	2,065,216	1,949,622	1,790,395	1,379,145	1,154,008	1,252,399	1,054,228

	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	326,269	-103,709	550,952	-97,736	528,995	-264,982	-9,177	261,002	143,485	200,391	536,840	298,747	-100,070	273,626	344,590
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-36,361	-761	-72,112	69,814	-95,508	13,127	-1,531	-30,026	-10,275	-27,879	-90,392	-40,495	32,576	-43,199	-62,964
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	552,381	171,259	46,836	-24,023	551	101,041	1,850	322,547	28,189	-6,857	-2,268	-2,561	-10,718	-262,371	304,866
Creditors	-56,045	140,917	-62,479	6,306	-148,696	157,271	85,207	48,858	4,395	54,284	-6,039	29,746	-49,693	28,211	219,989
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-318,518	-134,812	369,525	2,407	284,240	-195,625	72,649	-42,713	109,416	233,653	442,677	290,559	-106,469	521,009	196,749
Investing Activities
capital expenditure	479,657	1,668,258	-447,196	126,622	-4,249,471	3,821,828	-400,472	-729,230	-190,190	-184,859	-276,752	-235,507	25,526	-317,079	-2,729,531
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	479,657	1,668,258	-447,196	126,622	-4,249,471	3,821,828	-400,472	-729,230	-190,190	-184,859	-276,752	-235,507	25,526	-317,079	-2,729,531
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	-5,481	-18,203	-19,100	34,730	8,054	0	0	0	-125,835	125,835	0	-94	94
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	-176,531	0	0	0	0	0	0	0	0	0	0	0	0	0	805,552
interest	13,339	11,656	722	-500	686	647	1,181	615	1,007	1,163	-2,750	-2,515	1,679	1,612	794
cash flow from financing	-163,192	11,656	-4,759	-18,703	-18,414	35,377	9,235	615	1,007	1,163	-128,585	123,320	1,679	1,518	806,440
cash and cash equivalents
cash	-81,309	-51,202	2,845	-68,235	67,099	83,619	-30,728	115,934	-26,655	-35,542	-35,599	-58,332	17,042	8,548	318,636
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-81,309	-51,202	2,845	-68,235	67,099	83,619	-30,728	115,934	-26,655	-35,542	-35,599	-58,332	17,042	8,548	318,636

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for park farm underwriting limited. Get real-time insights into park farm underwriting limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for park farm underwriting limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

PARK FARM UNDERWRITING LIMITED group structure

Park Farm Underwriting Limited has no subsidiary companies.

Ultimate parent company

HELIOS UNDERWRITING PLC

05892671

1 parent

PARK FARM UNDERWRITING LIMITED

03848332

PARK FARM UNDERWRITING LIMITED Shareholders

helios underwriting plc

100%

Park Farm Underwriting Limited currently has 2 directors. The longest serving directors include Mr Nigel Hanbury (Jul 2023) and Mr Mark Tottman (Jul 2023).

officer	country	age	start	end	role
Mr Nigel Hanbury	England	67 years	Jul 2023	-	Director
Mr Mark Tottman	England	60 years	Jul 2023	-	Director

P&L

December 2023

turnover

1.8m

+15%

operating profit

326.3k

gross margin

97.9%

+0.02%

turnover

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

Balance Sheet

December 2023

net assets

2.8m

+0.03%

total assets

7.7m

cash

226.1k

-0.26%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

qcon limited

1.5

ecroignard trustees limited

1.5

torbeg consulting limited

health cheque limited

4.5

golden key financial services ltd

company number

03848332

Type

Private limited with Share Capital

industry

65202 - Non-life reinsurance

65300 - Pension funding

65120 - Non-life insurance

incorporation date

September 1999

age

accounts

Full Accounts

ultimate parent company

HELIOS UNDERWRITING PLC

previous names

N/A

incorporated

address

5th floor 40 gracechurch street, london, EC3V 0BT

last accounts submitted

December 2023

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 161 charges/mortgages relating to park farm underwriting limited. Currently there are 160 open charges and 1 have been satisfied in the past.

park farm underwriting limited Company Information

park farm underwriting limited Estimated Valuation

park farm underwriting limited Estimated Valuation

park farm underwriting limited Estimated Valuation

Park Farm Underwriting Limited Overview

Park Farm Underwriting Limited Health Check

PARK FARM UNDERWRITING LIMITED financials

park farm underwriting limited Credit Report and Business Information

Park Farm Underwriting Limited Competitor Analysis

park farm underwriting limited Ownership

park farm underwriting limited directors

park farm underwriting limited company details

park farm underwriting limited Charges & Mortgages

park farm underwriting limited Companies House Filings - See Documents