simmons gainsford insurance solutions limited Company Information
Company Number
04016753
Next Accounts
Sep 2025
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Shareholders
carin johnson
simmons gainsford nominees limited
View AllGroup Structure
View All
Contact
Registered Address
14th floor 33 cavendish square, london, W1G 0PW
simmons gainsford insurance solutions limited Estimated Valuation
Pomanda estimates the enterprise value of SIMMONS GAINSFORD INSURANCE SOLUTIONS LIMITED at £3.2m based on a Turnover of £2.3m and 1.4x industry multiple (adjusted for size and gross margin).
simmons gainsford insurance solutions limited Estimated Valuation
Pomanda estimates the enterprise value of SIMMONS GAINSFORD INSURANCE SOLUTIONS LIMITED at £433.1k based on an EBITDA of £87.7k and a 4.94x industry multiple (adjusted for size and gross margin).
simmons gainsford insurance solutions limited Estimated Valuation
Pomanda estimates the enterprise value of SIMMONS GAINSFORD INSURANCE SOLUTIONS LIMITED at £448.1k based on Net Assets of £348.2k and 1.29x industry multiple (adjusted for liquidity).
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Simmons Gainsford Insurance Solutions Limited Overview
Simmons Gainsford Insurance Solutions Limited is a live company located in london, W1G 0PW with a Companies House number of 04016753. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in June 2000, it's largest shareholder is carin johnson with a 50% stake. Simmons Gainsford Insurance Solutions Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.3m with rapid growth in recent years.
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Simmons Gainsford Insurance Solutions Limited Health Check
Pomanda's financial health check has awarded Simmons Gainsford Insurance Solutions Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£5.5m)
- Simmons Gainsford Insurance Solutions Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (5%)
- Simmons Gainsford Insurance Solutions Limited
5% - Industry AVG
Production
with a gross margin of 54.2%, this company has a comparable cost of product (54.2%)
- Simmons Gainsford Insurance Solutions Limited
54.2% - Industry AVG
Profitability
an operating margin of 3.7% make it less profitable than the average company (9.1%)
- Simmons Gainsford Insurance Solutions Limited
9.1% - Industry AVG
Employees
with 6 employees, this is below the industry average (14)
6 - Simmons Gainsford Insurance Solutions Limited
14 - Industry AVG
Pay Structure
on an average salary of £82.7k, the company has an equivalent pay structure (£82.7k)
- Simmons Gainsford Insurance Solutions Limited
£82.7k - Industry AVG
Efficiency
resulting in sales per employee of £378.1k, this is more efficient (£224.5k)
- Simmons Gainsford Insurance Solutions Limited
£224.5k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is later than average (33 days)
- Simmons Gainsford Insurance Solutions Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (45 days)
- Simmons Gainsford Insurance Solutions Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Simmons Gainsford Insurance Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is average cash available to meet short term requirements (30 weeks)
27 weeks - Simmons Gainsford Insurance Solutions Limited
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.1%, this is a lower level of debt than the average (70.2%)
41.1% - Simmons Gainsford Insurance Solutions Limited
70.2% - Industry AVG
SIMMONS GAINSFORD INSURANCE SOLUTIONS LIMITED financials
Simmons Gainsford Insurance Solutions Limited's latest turnover from December 2023 is estimated at £2.3 million and the company has net assets of £348.2 thousand. According to their latest financial statements, Simmons Gainsford Insurance Solutions Limited has 6 employees and maintains cash reserves of £126.1 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 | |||||||||||||||
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 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 3 | 3 | ||||||
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 | 4,051 | 7,037 | 9,936 | 11,492 | 12,989 | 8,434 | 7,466 | 4,142 | 4,906 | 6,471 | 1,599 | 0 | 0 | 0 | 563 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 150,000 | 210,520 | 315,780 | 421,040 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 30,000 | 90,000 | 105,260 | 210,000 | 270,000 | 330,000 | 678,324 | 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 | 4,051 | 7,037 | 9,936 | 41,492 | 102,989 | 263,694 | 427,986 | 589,922 | 755,946 | 684,795 | 1,599 | 0 | 0 | 0 | 563 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 373,324 | 143,457 | 75,696 | 60,300 | 68,300 | 90,472 | 80,791 | 52,320 | 49,063 | 55,589 | 33,991 | 37,556 | 30,930 | 40,922 | 49,918 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,599 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 87,509 | 4,744 | 6,704 | 5,446 | 4,964 | 6,686 | 18,891 | 2,851 | 746 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 126,122 | 260,409 | 224,120 | 163,124 | 140,798 | 99,390 | 124,073 | 150,077 | 50,439 | 303,200 | 167,491 | 105,560 | 200,560 | 195,893 | 173,704 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 586,955 | 408,610 | 306,520 | 228,870 | 214,062 | 196,548 | 223,755 | 205,248 | 119,847 | 358,789 | 201,482 | 143,116 | 231,490 | 236,815 | 223,622 |
total assets | 591,006 | 415,647 | 316,456 | 270,362 | 317,051 | 460,242 | 651,741 | 795,170 | 875,793 | 1,043,584 | 203,081 | 143,116 | 231,490 | 236,815 | 224,185 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 27,448 | 80,656 | 78,315 | 75,296 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 87,987 | 2,132 | 3,983 | 85 | 4,469 | 6,038 | 6,701 | 617 | 1,791 | 567,768 | 166,035 | 114,409 | 162,575 | 205,707 | 154,701 |
Group/Directors Accounts | 1,000 | 1,000 | 4,562 | 30,437 | 30,438 | 30,438 | 31,000 | 31,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 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 |
other current liabilities | 152,832 | 133,578 | 130,564 | 93,361 | 96,016 | 78,490 | 72,037 | 70,641 | 79,347 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 241,819 | 136,710 | 139,109 | 123,883 | 130,923 | 142,414 | 190,394 | 180,573 | 156,434 | 567,768 | 166,035 | 114,409 | 162,575 | 205,707 | 154,701 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 26,886 | 106,616 | 173,922 | 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 | 47,500 | 95,000 | 95,000 | 95,000 | 371,722 | 0 | 0 | 0 | 0 | 0 |
provisions | 1,013 | 1,888 | 2,183 | 981 | 981 | 981 | 981 | 981 | 981 | 1,294 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 1,013 | 1,888 | 2,183 | 981 | 981 | 48,481 | 122,867 | 202,597 | 269,903 | 373,016 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 242,832 | 138,598 | 141,292 | 124,864 | 131,904 | 190,895 | 313,261 | 383,170 | 426,337 | 940,784 | 166,035 | 114,409 | 162,575 | 205,707 | 154,701 |
net assets | 348,174 | 277,049 | 175,164 | 145,498 | 185,147 | 269,347 | 338,480 | 412,000 | 449,456 | 102,800 | 37,046 | 28,707 | 68,915 | 31,108 | 69,484 |
total shareholders funds | 348,174 | 277,049 | 175,164 | 145,498 | 185,147 | 269,347 | 338,480 | 412,000 | 449,456 | 102,800 | 37,046 | 28,707 | 68,915 | 31,108 | 69,484 |
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 | 2,986 | 4,479 | 4,064 | 3,928 | 2,489 | 3,791 | 2,116 | 1,724 | 1,565 | 1,069 | 282 | 0 | 0 | 563 | 617 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 105,260 | 105,260 | 105,260 | 105,260 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 312,632 | 65,801 | 16,654 | -7,518 | -23,894 | -2,524 | 44,511 | -14,237 | 13,819 | 21,598 | -3,565 | 6,626 | -9,992 | -8,996 | 49,918 |
Creditors | 85,855 | -1,851 | 3,898 | -4,384 | -1,569 | -663 | 6,084 | -1,174 | -565,977 | 401,733 | 51,626 | -48,166 | -43,132 | 51,006 | 154,701 |
Accruals and Deferred Income | 19,254 | 3,014 | 37,203 | -2,655 | 17,526 | 6,453 | 1,396 | -8,706 | 79,347 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -875 | -295 | 1,202 | 0 | 0 | 0 | 0 | 0 | -313 | 1,294 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | -30,000 | -60,000 | -15,260 | -104,740 | -60,000 | -60,000 | -348,324 | 678,324 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | -27,448 | -53,208 | 2,341 | 3,019 | 75,296 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | -3,562 | -25,875 | -1 | 0 | -562 | 0 | 31,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | -26,886 | -79,730 | -67,306 | 173,922 | 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 | -47,500 | -47,500 | 0 | 0 | -276,722 | 371,722 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -134,287 | 36,289 | 60,996 | 22,326 | 41,408 | -24,683 | -26,004 | 99,638 | -252,761 | 135,709 | 61,931 | -95,000 | 4,667 | 22,189 | 173,704 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -134,287 | 36,289 | 60,996 | 22,326 | 41,408 | -24,683 | -26,004 | 99,638 | -252,761 | 135,709 | 61,931 | -95,000 | 4,667 | 22,189 | 173,704 |
simmons gainsford insurance solutions limited Credit Report and Business Information
Simmons Gainsford Insurance Solutions Limited Competitor Analysis
Perform a competitor analysis for simmons gainsford insurance solutions limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in W1G area or any other competitors across 12 key performance metrics.
simmons gainsford insurance solutions limited Ownership
SIMMONS GAINSFORD INSURANCE SOLUTIONS LIMITED group structure
Simmons Gainsford Insurance Solutions Limited has 1 subsidiary company.
Ultimate parent company
SIMMONS GAINSFORD INSURANCE SOLUTIONS LIMITED
04016753
1 subsidiary
simmons gainsford insurance solutions limited directors
Simmons Gainsford Insurance Solutions Limited currently has 2 directors. The longest serving directors include Ms Carin Johnson (Sep 2000) and Mr Shilen Manek (Jun 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Carin Johnson | England | 61 years | Sep 2000 | - | Director |
Mr Shilen Manek | United Kingdom | 52 years | Jun 2017 | - | Director |
P&L
December 2023turnover
2.3m
+85%
operating profit
84.7k
0%
gross margin
54.2%
-2.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
348.2k
+0.26%
total assets
591k
+0.42%
cash
126.1k
-0.52%
net assets
Total assets minus all liabilities
simmons gainsford insurance solutions limited company details
company number
04016753
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
June 2000
age
25
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
14th floor 33 cavendish square, london, W1G 0PW
Bank
-
Legal Advisor
-
simmons gainsford insurance solutions 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 1 charges/mortgages relating to simmons gainsford insurance solutions limited. Currently there are 1 open charges and 0 have been satisfied in the past.
simmons gainsford insurance solutions 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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simmons gainsford insurance solutions limited Companies House Filings - See Documents
date | description | view/download |
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