fresh insurance services group limitedEstimated Valuation
£1.4m
Pomanda estimates the enterprise value of FRESH INSURANCE SERVICES GROUP LIMITED at £1.4m based on a Turnover of £1.5m and 0.94x industry multiple (adjusted for size and gross margin).
fresh insurance services group limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of FRESH INSURANCE SERVICES GROUP LIMITED at £0 based on an EBITDA of £-674.7k and a 5.24x industry multiple (adjusted for size and gross margin).
fresh insurance services group limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of FRESH INSURANCE SERVICES GROUP LIMITED at £0 based on Net Assets of £-404.2k and 1.72x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Fresh Insurance Services Group LimitedOverview
Fresh Insurance Services Group Limited is a live company located in london, EC3A 8EP with a Companies House number of 04515272. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in August 2002, it's largest shareholder is
kingfisher uk holdings limited
with a 100% stake. Fresh Insurance Services Group Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.5m with
declining
growth in recent years.
Fresh Insurance Services Group Limited Health Check
Pomanda's financial health check has awarded Fresh Insurance Services Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
3 Regular
6 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£3m)
£1.5m - Fresh Insurance Services Group Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -56%, show it is growing at a slower rate (5.3%)
-56% - Fresh Insurance Services Group Limited
5.3% - Industry AVG
Production
with a gross margin of 94.3%, this company has a comparable cost of product (94.3%)
94.3% - Fresh Insurance Services Group Limited
94.3% - Industry AVG
Profitability
an operating margin of -48.8% make it less profitable than the average company (17.7%)
-48.8% - Fresh Insurance Services Group Limited
17.7% - Industry AVG
Employees
with 22 employees, this is similar to the industry average (23)
22 - Fresh Insurance Services Group Limited
23 - Industry AVG
Pay Structure
on an average salary of £49.6k, the company has an equivalent pay structure (£49.6k)
£49.6k - Fresh Insurance Services Group Limited
£49.6k - Industry AVG
Efficiency
resulting in sales per employee of £70k, this is less efficient (£115.9k)
£70k - Fresh Insurance Services Group Limited
£115.9k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (75 days)
9 days - Fresh Insurance Services Group Limited
75 days - Industry AVG
Creditor Days
its suppliers are paid after 1680 days, this is slower than average (148 days)
1680 days - Fresh Insurance Services Group Limited
148 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Fresh Insurance Services Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 7 weeks, this is less cash available to meet short term requirements (35 weeks)
7 weeks - Fresh Insurance Services Group Limited
35 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 133%, this is a higher level of debt than the average (62.7%)
133% - Fresh Insurance Services Group Limited
62.7% - Industry AVG
FRESH INSURANCE SERVICES GROUP LIMITED financials
EXPORT
Fresh Insurance Services Group Limited's latest turnover from December 2022 is estimated at £1.5 million and the company has net assets of -£404.2 thousand. According to their latest financial statements, Fresh Insurance Services Group Limited has 22 employees and maintains cash reserves of £196.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Turnover
1,540,309
3,136,256
9,963,296
18,193,864
27,371,325
16,915,441
13,896,154
11,243,863
8,347,782
6,660,370
5,586,407
3,392,915
2,489,164
Other Income Or Grants
Cost Of Sales
87,609
323,185
1,088,606
2,317,422
3,448,862
2,016,197
1,936,105
2,514,051
2,112,049
2,081,668
1,861,175
866,813
608,969
Gross Profit
1,452,700
2,813,071
8,874,690
15,876,442
23,922,463
14,899,244
11,960,049
8,729,812
6,235,733
4,578,702
3,725,232
2,526,102
1,880,195
Admin Expenses
2,203,778
3,869,543
11,976,027
12,609,651
20,862,553
11,982,241
9,893,187
7,024,844
5,443,542
3,715,449
3,623,677
2,357,485
1,893,144
-152,282
Operating Profit
-751,078
-1,056,472
-3,101,337
3,266,791
3,059,910
2,917,003
2,066,862
1,704,968
792,191
863,253
101,555
168,617
-12,949
152,282
Interest Payable
1,727
16,281
Interest Receivable
17,480
27,066
18,769
12,970
3,881
10,004
4,911
9,660
5,119
4,224
3,379
2,277
1,145
Pre-Tax Profit
-733,598
164,129
-1,484,883
3,285,560
3,072,880
2,920,884
2,076,866
1,709,879
801,851
868,372
105,779
171,996
-10,672
153,428
Tax
-171,260
-491,763
399,997
-572,528
-385,645
-362,852
-188,911
-187,654
-25,387
-44,719
-42,960
Profit After Tax
-733,598
-7,131
-1,484,883
2,793,797
3,472,877
2,348,356
1,691,221
1,347,027
612,940
680,718
80,392
127,277
-10,672
110,468
Dividends Paid
3,800,000
3,077,780
2,046,940
1,624,700
1,010,000
442,082
472,000
Retained Profit
-733,598
-7,131
-1,484,883
-1,006,203
395,097
301,416
66,521
337,027
170,858
208,718
80,392
127,277
-10,672
110,468
Employee Costs
1,091,891
2,149,107
6,426,438
7,325,154
11,680,357
7,122,170
6,187,912
4,737,889
3,977,746
2,982,524
2,648,732
1,563,760
1,246,656
Number Of Employees
22
71
139
235
254
225
205
177
155
143
67
40
32
EBITDA*
-674,721
-717,436
-2,840,890
3,550,032
3,503,564
3,149,652
2,198,717
1,800,513
848,422
907,599
124,255
230,068
128,921
316,109
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Tangible Assets
63,178
158,117
274,786
208,675
265,708
568,414
363,150
217,527
185,535
98,510
85,442
20,935
74,278
303,324
Intangible Assets
1,485
4,114
183,172
147,120
239,369
Investments & Other
1,002
1,002
1,002
2
2
2
2
2
2
2
Debtors (Due After 1 year)
171,260
171,260
Total Fixed Assets
64,663
162,231
629,218
527,055
506,079
569,416
364,152
217,529
185,537
98,512
85,444
20,937
74,280
303,326
Stock & work in progress
7,800
Trade Debtors
40,359
161,345
1,883,651
3,293,401
3,389,453
3,627,818
3,461,765
2,897,951
2,193,338
1,586,073
1,610,185
918,511
647,375
619,239
Group Debtors
802,186
1,094,669
13
1,170,048
Misc Debtors
120,494
689,883
2,499,636
4,872,047
5,197,626
800,059
690,237
291,480
154,569
171,290
Cash
196,282
802,576
2,045,004
3,026,204
5,365,416
3,918,513
1,975,180
2,068,591
1,903,180
1,634,916
790,729
898,737
452,699
458,146
misc current assets
663,023
total current assets
1,159,321
2,748,473
6,428,304
12,361,700
14,615,518
8,346,390
6,127,182
5,258,022
4,251,087
3,392,279
2,400,914
1,825,048
1,100,074
1,077,385
total assets
1,223,984
2,910,704
7,057,522
12,888,755
15,121,597
8,915,806
6,491,334
5,475,551
4,436,624
3,490,791
2,486,358
1,845,985
1,174,354
1,380,711
Bank overdraft
Bank loan
Trade Creditors
403,391
461,099
2,645,947
3,649,323
5,373,498
6,448,241
4,583,705
3,792,706
3,185,958
2,401,812
2,109,450
1,568,912
1,024,558
1,129,578
Group/Directors Accounts
615,199
565,757
254,560
other short term finances
hp & lease commitments
other current liabilities
409,283
1,313,170
602,623
1,640,244
861,137
788,345
577,689
575,714
487,862
519,734
total current liabilities
1,427,873
2,340,026
3,248,570
5,544,127
6,234,635
7,236,586
5,161,394
4,368,420
3,673,820
2,921,546
2,109,450
1,568,912
1,024,558
1,129,578
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
8,993
1,138,000
1,138,000
1,138,000
19,443
67,203
provisions
200,324
232,300
2,334,436
4,385,229
4,921,360
46,327
42,110
33,063
25,763
3,062
23,462
total long term liabilities
200,324
241,293
3,472,436
5,523,229
6,059,360
46,327
42,110
33,063
25,763
3,062
19,443
90,665
total liabilities
1,628,197
2,581,319
6,721,006
11,067,356
12,293,995
7,282,913
5,203,504
4,401,483
3,699,583
2,924,608
2,128,893
1,568,912
1,024,558
1,220,243
net assets
-404,213
329,385
336,516
1,821,399
2,827,602
1,632,893
1,287,830
1,074,068
737,041
566,183
357,465
277,073
149,796
160,468
total shareholders funds
-404,213
329,385
336,516
1,821,399
2,827,602
1,632,893
1,287,830
1,074,068
737,041
566,183
357,465
277,073
149,796
160,468
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Operating Activities
Operating Profit
-751,078
-1,056,472
-3,101,337
3,266,791
3,059,910
2,917,003
2,066,862
1,704,968
792,191
863,253
101,555
168,617
-12,949
152,282
Depreciation
70,661
159,979
133,380
98,016
443,654
232,649
131,855
95,545
56,231
44,346
22,700
61,451
141,870
163,827
Amortisation
5,696
179,057
127,067
185,225
Tax
-171,260
-491,763
399,997
-572,528
-385,645
-362,852
-188,911
-187,654
-25,387
-44,719
-42,960
Stock
-7,800
7,800
Debtors
-982,858
-2,608,663
-4,952,196
919,677
4,159,202
275,875
962,571
841,524
590,544
147,178
691,674
271,136
28,136
619,239
Creditors
-57,708
-2,184,848
-1,003,376
-1,724,175
-1,074,743
1,864,536
790,999
606,748
784,146
292,362
540,538
544,354
-105,020
1,129,578
Accruals and Deferred Income
-903,887
710,547
-1,037,621
779,107
72,792
210,656
1,975
87,852
-31,872
519,734
Deferred Taxes & Provisions
-31,976
-2,102,136
-2,050,793
-536,131
4,875,033
4,217
9,047
7,300
22,701
3,062
-23,462
23,462
Cash flow from operations
-685,434
-1,856,470
-1,980,484
657,393
3,617,441
4,380,658
1,652,522
1,298,037
843,942
1,387,925
-44,468
450,767
-27,697
806,950
Investing Activities
capital expenditure
21,211
-43,309
-362,610
-133,959
-380,317
-116,657
-143,255
-82,807
-87,207
-8,108
87,176
-467,151
Change in Investments
-1,002
1,000
2
cash flow from investments
21,211
-43,309
-362,610
-132,957
-380,317
-1,000
-116,657
-143,255
-82,807
-87,207
-8,108
87,176
-467,153
Financing Activities
Bank loans
Group/Directors Accounts
49,442
565,757
-254,560
254,560
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-8,993
-1,129,007
1,138,000
-19,443
19,443
-67,203
67,203
share issue
799,612
43,647
147,241
50,000
interest
17,480
-1,727
10,785
18,769
12,970
3,881
10,004
4,911
9,660
5,119
4,224
3,379
2,277
1,145
cash flow from financing
57,929
-564,977
-243,775
273,329
1,950,582
47,528
157,245
4,911
9,660
-14,324
23,667
3,379
-64,926
118,348
cash and cash equivalents
cash
-606,294
-1,242,428
-981,200
-2,339,212
1,446,903
1,943,333
-93,411
165,411
268,264
844,187
-108,008
446,038
-5,447
458,146
overdraft
change in cash
-606,294
-1,242,428
-981,200
-2,339,212
1,446,903
1,943,333
-93,411
165,411
268,264
844,187
-108,008
446,038
-5,447
458,146
fresh insurance services group 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 fresh insurance services group limited. Get real-time insights into fresh insurance services group limited's credit score, group structure and payment trends.
Fresh Insurance Services Group Limited Competitor Analysis
Perform a competitor analysis for fresh insurance services group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC3A area or any other competitors across 12 key performance metrics.
fresh insurance services group limited Ownership
FRESH INSURANCE SERVICES GROUP LIMITED group structure
Fresh Insurance Services Group Limited has 3 subsidiary companies.
FRESH INSURANCE SERVICES GROUP LIMITED Shareholders
The sole shareholder of Fresh Insurance Services Group Limited is Kingfisher Uk Holdings Limited.
kingfisher uk holdings limited
100%
fresh insurance services group limited directors
Fresh Insurance Services Group Limited currently has 5 directors.
The longest serving directors include
Mr Geoffrey McKernan (May 2018) and
Mr William McKernan (May 2018).
fresh insurance services group limited company details
company number
04515272
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
August 2002
age
23
incorporated
UK
ultimate parent company
RISER TOPCO II LLC
accounts
Small Company
last accounts submitted
December 2022
previous names
N/A
accountant
LB GROUP
auditor
-
address
part level 15, the gherkin, 30 st mary axe, london, EC3A 8EP
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
fresh insurance services group 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 2 charges/mortgages relating to fresh insurance services group limited. Currently there are 0 open charges and 2 have been satisfied in the past.
fresh insurance services group 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 FRESH INSURANCE SERVICES GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
fresh insurance services group limitedCompanies House Filings - See Documents
