rai insurance services limited
rai insurance services limited Company Information
Company Number
04765541
Next Accounts
Sep 2025
Industry
Activities of insurance agents and brokers
Shareholders
bikram chand rai
Group Structure
View All
Contact
Registered Address
5 crystal house ,2nd floor, new bedford road, luton, beds, LU1 1HS
Website
rai-insurance.comrai insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of RAI INSURANCE SERVICES LIMITED at £121.3k based on a Turnover of £111.8k and 1.09x industry multiple (adjusted for size and gross margin).
rai insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of RAI INSURANCE SERVICES LIMITED at £40.4k based on an EBITDA of £6.2k and a 6.48x industry multiple (adjusted for size and gross margin).
rai insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of RAI INSURANCE SERVICES LIMITED at £58.1k based on Net Assets of £31.8k and 1.83x industry multiple (adjusted for liquidity).
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Rai Insurance Services Limited Overview
Rai Insurance Services Limited is a live company located in luton, LU1 1HS with a Companies House number of 04765541. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in May 2003, it's largest shareholder is bikram chand rai with a 100% stake. Rai Insurance Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £111.8k with healthy growth in recent years.
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Rai Insurance Services Limited Health Check
Pomanda's financial health check has awarded Rai Insurance Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £111.8k, make it smaller than the average company (£3m)
- Rai Insurance Services Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (6.8%)
- Rai Insurance Services Limited
6.8% - Industry AVG
Production
with a gross margin of 94.1%, this company has a comparable cost of product (94.1%)
- Rai Insurance Services Limited
94.1% - Industry AVG
Profitability
an operating margin of 5.6% make it less profitable than the average company (18.6%)
- Rai Insurance Services Limited
18.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (19)
1 - Rai Insurance Services Limited
19 - Industry AVG
Pay Structure
on an average salary of £53.8k, the company has an equivalent pay structure (£53.8k)
- Rai Insurance Services Limited
£53.8k - Industry AVG
Efficiency
resulting in sales per employee of £111.8k, this is equally as efficient (£127.2k)
- Rai Insurance Services Limited
£127.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Rai Insurance Services Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 1428 days, this is slower than average (136 days)
- Rai Insurance Services Limited
136 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rai Insurance Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 101 weeks, this is more cash available to meet short term requirements (33 weeks)
101 weeks - Rai Insurance Services Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.5%, this is a lower level of debt than the average (58%)
51.5% - Rai Insurance Services Limited
58% - Industry AVG
RAI INSURANCE SERVICES LIMITED financials
Rai Insurance Services Limited's latest turnover from December 2023 is estimated at £111.8 thousand and the company has net assets of £31.8 thousand. According to their latest financial statements, Rai Insurance Services Limited has 1 employee and maintains cash reserves of £65.5 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 | 1 | 1 | 1 | 1 | 1 | ||||||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35 | 47 | 58 | 73 | 91 | 114 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35 | 47 | 58 | 73 | 91 | 114 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 407 | 5,673 | 4,850 | 839 | 0 | 2,628 | 5,410 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 65,472 | 57,336 | 54,408 | 65,868 | 46,822 | 50,287 | 36,214 | 16,887 | 24,997 | 29,407 | 55,091 | 44,130 | 29,877 | 37,859 | 39,354 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 65,472 | 57,336 | 54,408 | 65,868 | 46,822 | 50,287 | 36,214 | 17,294 | 30,670 | 34,257 | 55,930 | 44,130 | 32,505 | 43,269 | 39,354 |
| total assets | 65,472 | 57,336 | 54,408 | 65,868 | 46,822 | 50,287 | 36,214 | 17,294 | 30,670 | 34,292 | 55,977 | 44,188 | 32,578 | 43,360 | 39,468 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 25,952 | 30,158 | 24,703 | 17,767 | 12,358 | 0 | 1,318 | 0 | 0 | 2,420 | 10,382 | 5,000 | 550 | 549 | 551 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 437 |
| 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 | 7,734 | 2,488 | 1,088 | 5,557 | 7,929 | 25,244 | 13,595 | 2,268 | 2,735 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 33,686 | 32,646 | 25,791 | 23,324 | 20,287 | 25,244 | 14,913 | 2,268 | 2,735 | 2,420 | 10,382 | 5,000 | 550 | 549 | 988 |
| loans | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 33,686 | 32,646 | 25,791 | 23,324 | 20,287 | 25,244 | 14,913 | 2,268 | 2,735 | 2,420 | 10,382 | 5,000 | 550 | 549 | 988 |
| net assets | 31,786 | 24,690 | 28,617 | 42,544 | 26,535 | 25,043 | 21,301 | 15,026 | 27,935 | 31,872 | 45,595 | 39,188 | 32,028 | 42,811 | 38,480 |
| total shareholders funds | 31,786 | 24,690 | 28,617 | 42,544 | 26,535 | 25,043 | 21,301 | 15,026 | 27,935 | 31,872 | 45,595 | 39,188 | 32,028 | 42,811 | 38,480 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35 | 12 | 11 | 15 | 18 | 23 | 28 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 | -407 | -5,266 | 823 | 4,011 | 839 | -2,628 | -2,782 | 5,410 | 0 |
| Creditors | -4,206 | 5,455 | 6,936 | 5,409 | 12,358 | -1,318 | 1,318 | 0 | -2,420 | -7,962 | 5,382 | 4,450 | 1 | -2 | 551 |
| Accruals and Deferred Income | 5,246 | 1,400 | -4,469 | -2,372 | -17,315 | 11,649 | 11,327 | -467 | 2,735 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -437 | 437 |
| 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 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 8,136 | 2,928 | -11,460 | 19,046 | -3,465 | 14,073 | 19,327 | -8,110 | -4,410 | -25,684 | 10,961 | 14,253 | -7,982 | -1,495 | 39,354 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 8,136 | 2,928 | -11,460 | 19,046 | -3,465 | 14,073 | 19,327 | -8,110 | -4,410 | -25,684 | 10,961 | 14,253 | -7,982 | -1,495 | 39,354 |
rai insurance services limited Credit Report and Business Information
Rai Insurance Services Limited Competitor Analysis
Perform a competitor analysis for rai insurance services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in LU1 area or any other competitors across 12 key performance metrics.
rai insurance services limited Ownership
RAI INSURANCE SERVICES LIMITED group structure
Rai Insurance Services Limited has no subsidiary companies.
Ultimate parent company
RAI INSURANCE SERVICES LIMITED
04765541
rai insurance services limited directors
Rai Insurance Services Limited currently has 2 directors. The longest serving directors include Mr Bikram Rai (May 2003) and Mr Dale Wright (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bikram Rai | 72 years | May 2003 | - | Director | |
| Mr Dale Wright | England | 55 years | Mar 2023 | - | Director |
P&L
December 2023turnover
111.8k
+10%
operating profit
6.2k
0%
gross margin
94.1%
-0.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
31.8k
+0.29%
total assets
65.5k
+0.14%
cash
65.5k
+0.14%
net assets
Total assets minus all liabilities
rai insurance services limited company details
company number
04765541
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
May 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
development watch uk limited (January 2005)
accountant
-
auditor
-
address
5 crystal house ,2nd floor, new bedford road, luton, beds, LU1 1HS
Bank
-
Legal Advisor
-
rai 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 rai insurance services limited.
rai 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.
Click to start generating capital raising & share issue transactions for RAI INSURANCE SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
rai insurance services limited Companies House Filings - See Documents
| date | description | view/download |
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