safeguard insurance services limited
safeguard insurance services limited Company Information
Group Structure
View All
Industry
Activities of insurance agents and brokers
Registered Address
globe house eclipse park, sittingbourne road, maidstone, kent, ME14 3EN
Website
www.safeguardinsurance.co.uksafeguard insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of SAFEGUARD INSURANCE SERVICES LIMITED at £505.9k based on a Turnover of £555.3k and 0.91x industry multiple (adjusted for size and gross margin).
safeguard insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of SAFEGUARD INSURANCE SERVICES LIMITED at £8.5m based on an EBITDA of £1.7m and a 5.09x industry multiple (adjusted for size and gross margin).
safeguard insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of SAFEGUARD INSURANCE SERVICES LIMITED at £3m based on Net Assets of £1.7m and 1.72x industry multiple (adjusted for liquidity).
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Safeguard Insurance Services Limited Overview
Safeguard Insurance Services Limited is a live company located in maidstone, ME14 3EN with a Companies House number of 03852306. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in October 1999, it's largest shareholder is stewart johns with a 100% stake. Safeguard Insurance Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £555.3k with declining growth in recent years.
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Safeguard Insurance Services Limited Health Check
Pomanda's financial health check has awarded Safeguard Insurance Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £555.3k, make it smaller than the average company (£3m)
- Safeguard Insurance Services Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (6.8%)
- Safeguard Insurance Services Limited
6.8% - Industry AVG
Production
with a gross margin of 95%, this company has a comparable cost of product (95%)
- Safeguard Insurance Services Limited
95% - Industry AVG
Profitability
an operating margin of 300.8% make it more profitable than the average company (19.6%)
- Safeguard Insurance Services Limited
19.6% - Industry AVG
Employees
with 5 employees, this is below the industry average (19)
5 - Safeguard Insurance Services Limited
19 - Industry AVG
Pay Structure
on an average salary of £52.4k, the company has an equivalent pay structure (£52.4k)
- Safeguard Insurance Services Limited
£52.4k - Industry AVG
Efficiency
resulting in sales per employee of £111.1k, this is equally as efficient (£126.4k)
- Safeguard Insurance Services Limited
£126.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Safeguard Insurance Services Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 179 days, this is slower than average (150 days)
- Safeguard Insurance Services Limited
150 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Safeguard Insurance Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 282 weeks, this is more cash available to meet short term requirements (33 weeks)
282 weeks - Safeguard Insurance Services Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.1%, this is a lower level of debt than the average (58.1%)
10.1% - Safeguard Insurance Services Limited
58.1% - Industry AVG
SAFEGUARD INSURANCE SERVICES LIMITED financials
Safeguard Insurance Services Limited's latest turnover from December 2023 is estimated at £555.3 thousand and the company has net assets of £1.7 million. According to their latest financial statements, Safeguard Insurance Services Limited has 5 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 5 | 5 | 5 | 10 | 10 | 9 | 10 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,004 | 17,963 | 21,908 | 56,411 | 78,497 | 64,886 | 72,078 | 38,534 | 79,911 | 65,120 | 58,830 | 65,487 | 75,645 | 85,776 |
| Intangible Assets | 21,294 | 88,686 | 156,078 | 223,470 | 290,862 | 358,254 | ||||||||
| Investments & Other | 6,180 | 5,298 | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 18,184 | 23,261 | 21,908 | 56,411 | 78,497 | 64,886 | 72,078 | 38,534 | 101,205 | 153,806 | 214,908 | 288,957 | 366,507 | 444,030 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 92,752 | 31,207 | 50,825 | 53,812 | 79,707 | 71,633 | 69,806 | 145,587 | 70,466 | 57,652 | 79,401 | 27,204 | 75,709 | |
| Group Debtors | ||||||||||||||
| Misc Debtors | 854,041 | 103,752 | 72,693 | 104,100 | 49,440 | 38,607 | 71,468 | 142,182 | ||||||
| Cash | 1,056,024 | 485,075 | 463,471 | 446,042 | 454,710 | 561,080 | 523,226 | 593,312 | 636,402 | 684,620 | 660,280 | 638,845 | 601,300 | 594,768 |
| misc current assets | ||||||||||||||
| total current assets | 1,910,065 | 681,579 | 567,371 | 600,967 | 557,962 | 679,394 | 666,327 | 805,300 | 781,989 | 755,086 | 717,932 | 718,246 | 628,504 | 670,477 |
| total assets | 1,928,249 | 704,840 | 589,279 | 657,378 | 636,459 | 744,280 | 738,405 | 843,834 | 883,194 | 908,892 | 932,840 | 1,007,203 | 995,011 | 1,114,507 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 13,709 | 194,471 | 136,723 | 178,871 | 109,775 | 193,536 | 180,949 | 156,056 | 236,973 | 168,906 | 175,279 | 228,817 | 237,528 | 339,848 |
| Group/Directors Accounts | 2,378 | 2,347 | 7,283 | 6,753 | ||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 180,953 | 59,796 | 49,105 | 59,060 | 71,496 | 115,349 | 183,875 | 350,986 | ||||||
| total current liabilities | 194,662 | 254,267 | 185,828 | 237,931 | 181,271 | 308,885 | 364,824 | 507,042 | 239,351 | 171,253 | 182,562 | 235,570 | 237,528 | 339,848 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 1,977 | 5,038 | 6,222 | 7,811 | 5,817 | 13,041 | 11,534 | 10,111 | 11,029 | 12,558 | 29,948 | |||
| total long term liabilities | 1,977 | 5,038 | 6,222 | 7,811 | 5,817 | 13,041 | 11,534 | 10,111 | 11,029 | 12,558 | 29,948 | |||
| total liabilities | 194,662 | 254,267 | 185,828 | 239,908 | 186,309 | 315,107 | 372,635 | 512,859 | 252,392 | 182,787 | 192,673 | 246,599 | 250,086 | 369,796 |
| net assets | 1,733,587 | 450,573 | 403,451 | 417,470 | 450,150 | 429,173 | 365,770 | 330,975 | 630,802 | 726,105 | 740,167 | 760,604 | 744,925 | 744,711 |
| total shareholders funds | 1,733,587 | 450,573 | 403,451 | 417,470 | 450,150 | 429,173 | 365,770 | 330,975 | 630,802 | 726,105 | 740,167 | 760,604 | 744,925 | 744,711 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 7,558 | 4,491 | 20,006 | 25,760 | 15,520 | 12,284 | 12,719 | 12,984 | 13,776 | 13,021 | 10,382 | 11,545 | 13,350 | 15,137 |
| Amortisation | 21,294 | 67,392 | 67,392 | 67,392 | 67,392 | 67,392 | 67,392 | |||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | 657,537 | 92,604 | -51,025 | 51,673 | -15,062 | -24,787 | -68,887 | 66,401 | 75,121 | 12,814 | -21,749 | 52,197 | -48,505 | 75,709 |
| Creditors | -180,762 | 57,748 | -42,148 | 69,096 | -83,761 | 12,587 | 24,893 | -80,917 | 68,067 | -6,373 | -53,538 | -8,711 | -102,320 | 339,848 |
| Accruals and Deferred Income | 121,157 | 10,691 | -9,955 | -12,436 | -43,853 | -68,526 | -167,111 | 350,986 | ||||||
| Deferred Taxes & Provisions | -1,977 | -3,061 | -1,184 | -1,589 | 1,994 | -7,224 | 1,507 | 1,423 | -918 | -1,529 | -17,390 | 29,948 | ||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 882 | 5,298 | ||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -2,378 | 31 | -4,936 | 530 | 6,753 | |||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 570,949 | 21,604 | 17,429 | -8,668 | -106,370 | 37,854 | -70,086 | -43,090 | -48,218 | 24,340 | 21,435 | 37,545 | 6,532 | 594,768 |
| overdraft | ||||||||||||||
| change in cash | 570,949 | 21,604 | 17,429 | -8,668 | -106,370 | 37,854 | -70,086 | -43,090 | -48,218 | 24,340 | 21,435 | 37,545 | 6,532 | 594,768 |
safeguard insurance services limited Credit Report and Business Information
Safeguard Insurance Services Limited Competitor Analysis
Perform a competitor analysis for safeguard insurance services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in ME14 area or any other competitors across 12 key performance metrics.
safeguard insurance services limited Ownership
SAFEGUARD INSURANCE SERVICES LIMITED group structure
Safeguard Insurance Services Limited has no subsidiary companies.
Ultimate parent company
SAFEGUARD INSURANCE SERVICES LIMITED
03852306
safeguard insurance services limited directors
Safeguard Insurance Services Limited currently has 1 director, Mr Stewart Johns serving since Oct 1999.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stewart Johns | United Kingdom | 52 years | Oct 1999 | - | Director |
P&L
December 2023turnover
555.3k
+13%
operating profit
1.7m
0%
gross margin
95%
+0.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.7m
+2.85%
total assets
1.9m
+1.74%
cash
1.1m
+1.18%
net assets
Total assets minus all liabilities
safeguard insurance services limited company details
company number
03852306
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
October 1999
age
26
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
globe house eclipse park, sittingbourne road, maidstone, kent, ME14 3EN
Bank
-
Legal Advisor
-
safeguard 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 safeguard insurance services limited.
safeguard insurance services 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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safeguard insurance services limited Companies House Filings - See Documents
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