duncan insurance & mortgage services ltd
duncan insurance & mortgage services ltd Company Information
Company Number
04528979
Next Accounts
Jun 2026
Shareholders
christine margaret duncan
kenneth john duncan
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
cornelius house, 178-180 church road, hove, east sussex, BN3 2DJ
Website
www.duncan-mortgages.co.ukduncan insurance & mortgage services ltd Estimated Valuation
Pomanda estimates the enterprise value of DUNCAN INSURANCE & MORTGAGE SERVICES LTD at £560k based on a Turnover of £465k and 1.2x industry multiple (adjusted for size and gross margin).
duncan insurance & mortgage services ltd Estimated Valuation
Pomanda estimates the enterprise value of DUNCAN INSURANCE & MORTGAGE SERVICES LTD at £0 based on an EBITDA of £-8.4k and a 4.16x industry multiple (adjusted for size and gross margin).
duncan insurance & mortgage services ltd Estimated Valuation
Pomanda estimates the enterprise value of DUNCAN INSURANCE & MORTGAGE SERVICES LTD at £51.9k based on Net Assets of £39.8k and 1.31x industry multiple (adjusted for liquidity).
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Duncan Insurance & Mortgage Services Ltd Overview
Duncan Insurance & Mortgage Services Ltd is a live company located in hove, BN3 2DJ with a Companies House number of 04528979. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in September 2002, it's largest shareholder is christine margaret duncan with a 50% stake. Duncan Insurance & Mortgage Services Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £465k with healthy growth in recent years.
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Duncan Insurance & Mortgage Services Ltd Health Check
Pomanda's financial health check has awarded Duncan Insurance & Mortgage Services Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
3 Weak
Size
annual sales of £465k, make it smaller than the average company (£5.8m)
- Duncan Insurance & Mortgage Services Ltd
£5.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (7.4%)
- Duncan Insurance & Mortgage Services Ltd
7.4% - Industry AVG
Production
with a gross margin of 54.3%, this company has a comparable cost of product (54.3%)
- Duncan Insurance & Mortgage Services Ltd
54.3% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (9.1%)
- Duncan Insurance & Mortgage Services Ltd
9.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - Duncan Insurance & Mortgage Services Ltd
12 - Industry AVG
Pay Structure
on an average salary of £83.6k, the company has an equivalent pay structure (£83.6k)
- Duncan Insurance & Mortgage Services Ltd
£83.6k - Industry AVG
Efficiency
resulting in sales per employee of £232.5k, this is equally as efficient (£232.5k)
- Duncan Insurance & Mortgage Services Ltd
£232.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Duncan Insurance & Mortgage Services Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Duncan Insurance & Mortgage Services Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Duncan Insurance & Mortgage Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 177 weeks, this is more cash available to meet short term requirements (29 weeks)
177 weeks - Duncan Insurance & Mortgage Services Ltd
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.3%, this is a lower level of debt than the average (70.4%)
29.3% - Duncan Insurance & Mortgage Services Ltd
70.4% - Industry AVG
DUNCAN INSURANCE & MORTGAGE SERVICES LTD financials
Duncan Insurance & Mortgage Services Ltd's latest turnover from September 2024 is estimated at £465 thousand and the company has net assets of £39.8 thousand. According to their latest financial statements, Duncan Insurance & Mortgage Services Ltd has 2 employees and maintains cash reserves of £56.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2 | 2 | 2 | 329 | 646 | 479 | 1,180 | 906 | 775 | 128 | 376 | 637 | 471 | 738 | 541 | 721 |
| Intangible Assets | ||||||||||||||||
| Investments & Other | ||||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||||
| Total Fixed Assets | 2 | 2 | 2 | 329 | 646 | 479 | 1,180 | 906 | 775 | 128 | 376 | 637 | 471 | 738 | 541 | 721 |
| Stock & work in progress | ||||||||||||||||
| Trade Debtors | 2,092 | 268 | 268 | |||||||||||||
| Group Debtors | ||||||||||||||||
| Misc Debtors | 708 | 686 | 1,274 | 1,562 | 1,705 | 2,240 | 1,484 | 600 | ||||||||
| Cash | 56,275 | 65,079 | 74,296 | 76,118 | 65,450 | 53,978 | 50,274 | 36,629 | 43,682 | 12,479 | 16,670 | 6,489 | 27,822 | 17,452 | 91,014 | 53,310 |
| misc current assets | ||||||||||||||||
| total current assets | 56,275 | 65,787 | 74,982 | 77,392 | 67,012 | 55,683 | 52,514 | 38,113 | 44,282 | 12,479 | 16,670 | 8,581 | 28,090 | 17,720 | 91,014 | 53,310 |
| total assets | 56,277 | 65,789 | 74,984 | 77,721 | 67,658 | 56,162 | 53,694 | 39,019 | 45,057 | 12,607 | 17,046 | 9,218 | 28,561 | 18,458 | 91,555 | 54,031 |
| Bank overdraft | 5,000 | |||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 3,710 | 4,216 | 2,799 | 3,331 | 1,328 | 70,948 | 38,274 | |||||||||
| Group/Directors Accounts | 2,858 | 120 | 943 | 387 | 20,553 | |||||||||||
| other short term finances | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| other current liabilities | 16,487 | 20,666 | 19,989 | 16,993 | 11,978 | 13,577 | 12,315 | 9,823 | 6,871 | |||||||
| total current liabilities | 16,487 | 20,666 | 19,989 | 21,993 | 14,836 | 13,697 | 13,258 | 10,210 | 27,424 | 3,710 | 4,216 | 2,799 | 3,331 | 1,328 | 70,948 | 38,274 |
| loans | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| Accruals and Deferred Income | ||||||||||||||||
| other liabilities | ||||||||||||||||
| provisions | 63 | 110 | 91 | 224 | 172 | |||||||||||
| total long term liabilities | 63 | 110 | 91 | 224 | 172 | |||||||||||
| total liabilities | 16,487 | 20,666 | 19,989 | 22,056 | 14,946 | 13,788 | 13,482 | 10,382 | 27,424 | 3,710 | 4,216 | 2,799 | 3,331 | 1,328 | 70,948 | 38,274 |
| net assets | 39,790 | 45,123 | 54,995 | 55,665 | 52,712 | 42,374 | 40,212 | 28,637 | 17,633 | 8,897 | 12,830 | 6,419 | 25,230 | 17,130 | 20,607 | 15,757 |
| total shareholders funds | 39,790 | 45,123 | 54,995 | 55,665 | 52,712 | 42,374 | 40,212 | 28,637 | 17,633 | 8,897 | 12,830 | 6,419 | 25,230 | 17,130 | 20,607 | 15,757 |
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | ||||||||||||||||
| Depreciation | 327 | 317 | 758 | 701 | 1,046 | 611 | 372 | 248 | 261 | 447 | 267 | 302 | 180 | 386 | ||
| Amortisation | ||||||||||||||||
| Tax | ||||||||||||||||
| Stock | ||||||||||||||||
| Debtors | -708 | 22 | -588 | -288 | -143 | -535 | 756 | 884 | 600 | -2,092 | 1,824 | 268 | ||||
| Creditors | -3,710 | -506 | 1,417 | -532 | 2,003 | -69,620 | 32,674 | 38,274 | ||||||||
| Accruals and Deferred Income | -4,179 | 677 | 2,996 | 5,015 | -1,599 | 1,262 | 2,492 | 2,952 | 6,871 | |||||||
| Deferred Taxes & Provisions | -63 | -47 | 19 | -133 | 52 | 172 | ||||||||||
| Cash flow from operations | ||||||||||||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | ||||||||||||||||
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | -2,858 | 2,738 | -823 | 556 | -20,166 | 20,553 | ||||||||||
| 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 | -8,804 | -9,217 | -1,822 | 10,668 | 11,472 | 3,704 | 13,645 | -7,053 | 31,203 | -4,191 | 10,181 | -21,333 | 10,370 | -73,562 | 37,704 | 53,310 |
| overdraft | -5,000 | 5,000 | ||||||||||||||
| change in cash | -8,804 | -9,217 | 3,178 | 5,668 | 11,472 | 3,704 | 13,645 | -7,053 | 31,203 | -4,191 | 10,181 | -21,333 | 10,370 | -73,562 | 37,704 | 53,310 |
duncan insurance & mortgage services ltd Credit Report and Business Information
Duncan Insurance & Mortgage Services Ltd Competitor Analysis
Perform a competitor analysis for duncan insurance & mortgage services ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BN3 area or any other competitors across 12 key performance metrics.
duncan insurance & mortgage services ltd Ownership
DUNCAN INSURANCE & MORTGAGE SERVICES LTD group structure
Duncan Insurance & Mortgage Services Ltd has no subsidiary companies.
Ultimate parent company
DUNCAN INSURANCE & MORTGAGE SERVICES LTD
04528979
duncan insurance & mortgage services ltd directors
Duncan Insurance & Mortgage Services Ltd currently has 2 directors. The longest serving directors include Mr Kenneth Duncan (Sep 2002) and Mr Phillip Duncan (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kenneth Duncan | 85 years | Sep 2002 | - | Director | |
| Mr Phillip Duncan | England | 61 years | Jun 2017 | - | Director |
P&L
September 2024turnover
465k
+13%
operating profit
-8.4k
0%
gross margin
54.3%
-5.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2024net assets
39.8k
-0.12%
total assets
56.3k
-0.14%
cash
56.3k
-0.14%
net assets
Total assets minus all liabilities
duncan insurance & mortgage services ltd company details
company number
04528979
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
September 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2024
previous names
duncan mortgage services limited (April 2010)
accountant
PARKERS
auditor
-
address
cornelius house, 178-180 church road, hove, east sussex, BN3 2DJ
Bank
-
Legal Advisor
-
duncan insurance & mortgage services ltd 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 duncan insurance & mortgage services ltd.
duncan insurance & mortgage services ltd 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 DUNCAN INSURANCE & MORTGAGE SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
duncan insurance & mortgage services ltd Companies House Filings - See Documents
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