Pomanda estimates the enterprise value of THINK INSURE LIMITED at £2.9k based on a Turnover of £3.8k and 0.76x industry multiple (adjusted for size and gross margin).
think insure limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of THINK INSURE LIMITED at £0 based on an EBITDA of £-6.1k and a 4.23x industry multiple (adjusted for size and gross margin).
think insure limitedEstimated Valuation
£145.1k
Pomanda estimates the enterprise value of THINK INSURE LIMITED at £145.1k based on Net Assets of £84.4k and 1.72x industry multiple (adjusted for liquidity).
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Think Insure LimitedOverview
Think Insure Limited is a live company located in manchester, M17 1FQ with a Companies House number of 04280977. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in September 2001, it's largest shareholder is
tmg holdings 2 limited
with a 100% stake. Think Insure Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£3.8k with
declining
growth in recent years.
Pomanda's financial health check has awarded Think Insure Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
0 Regular
7 Weak
Size
annual sales of £3.8k, make it smaller than the average company (£2.6m)
£3.8k - Think Insure Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -74%, show it is growing at a slower rate (7.7%)
-74% - Think Insure Limited
7.7% - Industry AVG
Production
with a gross margin of 63.1%, this company has a higher cost of product (95%)
63.1% - Think Insure Limited
95% - Industry AVG
Profitability
an operating margin of -160.3% make it less profitable than the average company (20.6%)
-160.3% - Think Insure Limited
20.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
1 - Think Insure Limited
17 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Think Insure Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £3.8k, this is less efficient (£121.7k)
£3.8k - Think Insure Limited
£121.7k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (69 days)
12 days - Think Insure Limited
69 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Think Insure Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Think Insure Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 5 weeks, this is less cash available to meet short term requirements (32 weeks)
5 weeks - Think Insure Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.6%, this is a lower level of debt than the average (55.4%)
20.6% - Think Insure Limited
55.4% - Industry AVG
THINK INSURE LIMITED financials
EXPORT
Think Insure Limited's latest turnover from January 2024 is £3.8 thousand and the company has net assets of £84.4 thousand. According to their latest financial statements, we estimate that Think Insure Limited has 1 employee and maintains cash reserves of £2.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Turnover
3,830
44,017
126,017
230,204
558,409
1,454,177
1,892,053
2,304,903
3,262,873
6,514,235
6,395,370
6,361,594
4,602,001
3,980,590
2,053,783
Other Income Or Grants
Cost Of Sales
1,414
16,185
24,769
4,704
400,978
858,408
1,098,489
1,226,218
2,125,236
1,716,090
1,590,308
1,008,090
651,613
310,799
Gross Profit
2,416
44,017
109,832
205,435
553,705
1,053,199
1,033,645
1,206,414
2,036,655
4,388,999
4,679,280
4,771,286
3,593,911
3,328,977
1,742,984
Admin Expenses
8,554
10,102
11,165
15,571
51,401
401,696
693,808
1,344,057
2,297,109
3,126,785
3,330,523
1,325,205
644,553
408,175
82,513
Operating Profit
-6,138
33,915
98,667
189,864
502,304
651,503
339,837
-137,643
-260,454
1,262,214
1,348,757
3,446,081
2,949,358
2,920,802
1,660,471
Interest Payable
Interest Receivable
81
166
1
1
Pre-Tax Profit
-6,138
33,915
98,667
189,864
502,304
651,503
339,837
-137,562
-260,454
734,511
1,348,757
3,446,081
2,949,359
2,920,803
1,660,471
Tax
-79,316
-6,444
610
-29,692
-94,169
-125,791
-69,469
70,994
58,841
-143,756
-314,030
-839,513
-777,862
-818,092
-465,027
Profit After Tax
-85,454
27,471
99,277
160,172
408,135
525,712
270,368
-66,568
-201,613
590,755
1,034,727
2,606,568
2,171,497
2,102,711
1,195,444
Dividends Paid
700,000
200,000
450,000
200,000
500,000
1,000,000
2,450,000
5,750,000
Retained Profit
-85,454
27,471
-600,723
160,172
208,135
75,712
70,368
-66,568
-701,613
590,755
34,727
156,568
-3,578,503
2,102,711
1,195,444
Employee Costs
1,977
431,044
758,116
1,129,785
1,197,890
2,157,842
1,718,791
1,585,627
1,006,090
641,997
306,195
Number Of Employees
1
1
1
2
4
13
23
35
39
70
58
50
34
24
11
EBITDA*
-6,138
33,915
98,667
193,389
510,018
751,861
462,962
-10,759
-152,273
1,325,399
1,361,481
3,448,498
2,949,358
2,920,802
1,660,471
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Tangible Assets
3,525
11,239
108,230
227,305
318,455
241,384
102,604
20,788
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,525
11,239
108,230
227,305
318,455
241,384
102,604
20,788
Stock & work in progress
Trade Debtors
126
782
3,405
18,107
37,132
144,961
87,554
163,582
165,712
Group Debtors
103,883
93,197
122,017
750,640
612,854
51,527
53,045
893,251
4,528,838
2,003,123
Misc Debtors
80,653
80,653
50,263
57,409
8,204
12,994
77,965
182,528
689,702
583,196
487,607
304,195
224,815
111,057
Cash
2,350
25,012
15,000
52,341
141,040
752,338
780,542
564,345
605,780
2,168,362
1,215,710
1,756,570
475,355
381,339
207,177
misc current assets
65,031
47,986
15,370
5,903
107
total current assets
106,359
199,644
221,075
871,351
848,435
970,534
929,076
872,789
1,012,968
2,858,171
1,798,906
2,244,177
1,672,801
5,134,992
2,321,357
total assets
106,359
199,644
221,075
871,351
851,960
981,773
1,037,306
1,100,094
1,331,423
3,099,555
1,901,510
2,264,965
1,672,801
5,134,992
2,321,357
Bank overdraft
Bank loan
Trade Creditors
248
119
9,845
18,085
14,678
110,060
107,353
18,209
28,968
34,654
25,626
11,806
7,707
Group/Directors Accounts
6,444
29,780
25,710
83,383
267,391
137,389
2,706
21,360
394,926
392,072
330,434
173,425
808,092
454,961
other short term finances
hp & lease commitments
other current liabilities
21,957
23,344
21,565
60,414
98,251
100,429
158,602
359,290
314,331
374,944
1,063,843
1,521,568
1,254,523
519,464
167,870
total current liabilities
21,957
29,788
51,593
86,243
191,479
385,905
310,669
472,056
443,044
788,079
1,484,883
1,886,656
1,453,574
1,339,362
630,538
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
27,097
42,000
77,545
221,067
427,548
399,317
593,090
1,306,173
1,904
414
total long term liabilities
27,097
42,000
77,545
221,067
427,548
399,317
593,090
1,306,173
1,904
414
total liabilities
21,957
29,788
78,690
128,243
269,024
606,972
738,217
871,373
1,036,134
2,094,252
1,486,787
1,887,070
1,453,574
1,339,362
630,538
net assets
84,402
169,856
142,385
743,108
582,936
374,801
299,089
228,721
295,289
1,005,303
414,723
377,895
219,227
3,795,630
1,690,819
total shareholders funds
84,402
169,856
142,385
743,108
582,936
374,801
299,089
228,721
295,289
1,005,303
414,723
377,895
219,227
3,795,630
1,690,819
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Operating Activities
Operating Profit
-6,138
33,915
98,667
189,864
502,304
651,503
339,837
-137,643
-260,454
1,262,214
1,348,757
3,446,081
2,949,358
2,920,802
1,660,471
Depreciation
3,525
7,714
100,358
123,125
126,884
108,181
63,185
12,724
2,417
Amortisation
Tax
-79,316
-6,444
610
-29,692
-94,169
-125,791
-69,469
70,994
58,841
-143,756
-314,030
-839,513
-777,862
-818,092
-465,027
Stock
Debtors
-70,623
-31,443
-612,935
111,615
554,230
52,617
-192,526
-108,211
-288,417
106,506
95,589
-709,839
-3,556,207
2,639,473
2,114,180
Creditors
-248
129
-9,726
-8,240
3,407
-95,382
2,707
89,144
-10,759
-5,686
9,028
13,820
4,099
7,707
Accruals and Deferred Income
-1,387
1,779
-38,849
-37,837
-2,178
-58,173
-200,688
44,959
-60,613
-688,899
-457,725
267,045
735,059
351,594
167,870
Deferred Taxes & Provisions
-27,097
-14,903
-35,545
-143,522
-206,481
28,231
-193,773
-713,083
1,304,269
1,490
414
Cash flow from operations
-16,218
33,348
658,589
-31,026
-292,321
312,206
318,180
22,339
-489,567
1,679,748
489,941
3,595,311
6,476,582
-181,070
-743,159
Investing Activities
capital expenditure
-3,367
-4,050
-35,734
-185,252
-201,965
-94,540
-23,205
Change in Investments
cash flow from investments
-3,367
-4,050
-35,734
-185,252
-201,965
-94,540
-23,205
Financing Activities
Bank loans
Group/Directors Accounts
-6,444
-23,336
4,070
-57,673
-184,008
130,002
134,683
-18,654
-373,566
2,854
61,638
157,009
-634,667
353,131
454,961
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-8,401
-175
2,101
2,100
2,100
2,100
495,375
interest
81
166
1
1
cash flow from financing
-6,444
-23,336
4,070
-57,673
-184,008
130,002
134,683
-18,573
-381,967
2,845
63,739
159,109
-632,566
355,232
950,336
cash and cash equivalents
cash
-22,662
10,012
-37,341
-88,699
-611,298
-28,204
216,197
-41,435
-1,562,582
952,652
-540,860
1,281,215
94,016
174,162
207,177
overdraft
change in cash
-22,662
10,012
-37,341
-88,699
-611,298
-28,204
216,197
-41,435
-1,562,582
952,652
-540,860
1,281,215
94,016
174,162
207,177
think insure limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for think insure limited. Get real-time insights into think insure limited's credit score, group structure and payment trends.
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66220 - Activities of insurance agents and brokers
incorporation date
September 2001
age
24
incorporated
UK
ultimate parent company
ARES MANAGEMENT LLC
accounts
Audit Exemption Subsidiary
last accounts submitted
January 2024
previous names
friendly insure limited (October 2008)
accountant
-
auditor
-
address
think park mosley road, trafford park, manchester, M17 1FQ
Bank
-
Legal Advisor
-
think insure 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 3 charges/mortgages relating to think insure limited. Currently there are 0 open charges and 3 have been satisfied in the past.
think insure 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 THINK INSURE LIMITED. This can take several minutes, an email will notify you when this has completed.
think insure limitedCompanies House Filings - See Documents
