energy insurance services limited
energy insurance services limited Company Information
Company Number
04792484
Website
http://homeserve.comRegistered Address
homeserve cable drive, walsall, west midlands, WS2 7BN
Industry
Non-life insurance
Telephone
01858545000
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
homeserve membership limited 100%
energy insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of ENERGY INSURANCE SERVICES LIMITED at £1.3m based on a Turnover of £3.1m and 0.4x industry multiple (adjusted for size and gross margin).
energy insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of ENERGY INSURANCE SERVICES LIMITED at £1m based on an EBITDA of £175k and a 5.9x industry multiple (adjusted for size and gross margin).
energy insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of ENERGY INSURANCE SERVICES LIMITED at £2.5m based on Net Assets of £1.7m and 1.48x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Energy Insurance Services Limited Overview
Energy Insurance Services Limited is a live company located in west midlands, WS2 7BN with a Companies House number of 04792484. It operates in the non-life insurance sector, SIC Code 65120. Founded in June 2003, it's largest shareholder is homeserve membership limited with a 100% stake. Energy Insurance Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.1m with healthy growth in recent years.
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Energy Insurance Services Limited Health Check
Pomanda's financial health check has awarded Energy Insurance Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
4 Weak
Size
annual sales of £3.1m, make it larger than the average company (£2m)
£3.1m - Energy Insurance Services Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (7.1%)
6% - Energy Insurance Services Limited
7.1% - Industry AVG
Production
with a gross margin of 28.4%, this company has a higher cost of product (98.2%)
28.4% - Energy Insurance Services Limited
98.2% - Industry AVG
Profitability
an operating margin of 5.5% make it less profitable than the average company (21.4%)
5.5% - Energy Insurance Services Limited
21.4% - Industry AVG
Employees
with 10 employees, this is below the industry average (29)
10 - Energy Insurance Services Limited
29 - Industry AVG
Pay Structure
on an average salary of £41k, the company has a lower pay structure (£51.4k)
£41k - Energy Insurance Services Limited
£51.4k - Industry AVG
Efficiency
resulting in sales per employee of £313.7k, this is more efficient (£137.4k)
£313.7k - Energy Insurance Services Limited
£137.4k - Industry AVG
Debtor Days
it gets paid by customers after 96 days, this is earlier than average (217 days)
96 days - Energy Insurance Services Limited
217 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Energy Insurance Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Energy Insurance Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 94 weeks, this is more cash available to meet short term requirements (20 weeks)
94 weeks - Energy Insurance Services Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.4%, this is a lower level of debt than the average (81.6%)
45.4% - Energy Insurance Services Limited
81.6% - Industry AVG
ENERGY INSURANCE SERVICES LIMITED financials
Energy Insurance Services Limited's latest turnover from March 2023 is £3.1 million and the company has net assets of £1.7 million. According to their latest financial statements, Energy Insurance Services Limited has 10 employees and maintains cash reserves of £2.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Nov 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,137,000 | 2,620,000 | 2,335,000 | 2,663,000 | 3,380,000 | 5,796,000 | 5,426,000 | 1,560,000 | 1,219,000 | 1,613,000 | 2,705,000 | 4,779,000 | 3,587,987 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 2,247,000 | 1,776,000 | 1,523,000 | 1,917,000 | 2,474,000 | 4,315,000 | 4,184,000 | 151,000 | 0 | 0 | 246,000 | 387,000 | 160,894 |
| Gross Profit | 890,000 | 844,000 | 812,000 | 746,000 | 906,000 | 1,481,000 | 1,242,000 | 1,409,000 | 1,219,000 | 1,613,000 | 2,459,000 | 4,392,000 | 3,427,093 |
| Admin Expenses | 719,000 | 643,000 | 584,000 | 532,000 | 657,000 | 872,000 | 732,000 | 791,000 | 1,009,000 | 1,026,000 | 948,000 | 1,139,000 | 871,065 |
| Operating Profit | 171,000 | 201,000 | 228,000 | 214,000 | 249,000 | 609,000 | 510,000 | 618,000 | 210,000 | 587,000 | 1,511,000 | 3,253,000 | 2,556,028 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 29,000 | 1,000 | 1,000 | 6,000 | 4,000 | 1,000 | 3,000 | 7,000 | 9,000 | 31,000 | 52,000 | 66,000 | 36,112 |
| Pre-Tax Profit | 200,000 | 202,000 | 229,000 | 220,000 | 253,000 | 610,000 | 493,000 | 625,000 | 219,000 | 618,000 | 2,353,000 | 3,319,000 | 2,592,140 |
| Tax | -38,000 | -37,000 | -42,000 | -20,000 | -222,000 | -188,000 | 97,000 | -147,000 | -54,000 | -85,000 | -306,000 | -879,000 | -718,590 |
| Profit After Tax | 162,000 | 165,000 | 187,000 | 200,000 | 31,000 | 422,000 | 590,000 | 478,000 | 165,000 | 533,000 | 2,047,000 | 2,440,000 | 1,873,550 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 1,250,000 | 0 | 8,931,000 | 0 | 75,000 | 780,000 | 0 | 660,000 |
| Retained Profit | 162,000 | 165,000 | 187,000 | 200,000 | 31,000 | -828,000 | 590,000 | -8,453,000 | 165,000 | 458,000 | 1,267,000 | 2,440,000 | 1,213,550 |
| Employee Costs | 410,000 | 359,000 | 335,000 | 282,000 | 371,000 | 510,000 | 469,000 | 552,000 | 687,000 | 607,000 | 696,000 | 1,105,000 | 612,096 |
| Number Of Employees | 10 | 10 | 10 | 10 | 11 | 15 | 18 | 19 | 25 | 27 | 25 | 20 | 20 |
| EBITDA* | 175,000 | 207,000 | 231,000 | 214,000 | 259,000 | 620,000 | 513,000 | 624,000 | 219,000 | 605,000 | 1,536,000 | 3,307,000 | 2,582,818 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Nov 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 5,000 | 15,000 | 7,000 | 1,000 | 6,000 | 8,000 | 0 | 1,000 | 23,000 | 33,000 | 37,000 | 85,036 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 5,000 | 13,000 | 8,000 | 13,000 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 5,000 | 15,000 | 7,000 | 1,000 | 11,000 | 21,000 | 8,000 | 14,000 | 23,000 | 33,000 | 37,000 | 85,036 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 831,000 | 825,000 | 717,000 | 0 | 840,000 | 884,000 | 797,000 | 152,000 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 66,000 | 1,000 | 0 | 0 | 10,064,000 | 46,000 | 484,000 | 2,141,000 | 1,529,688 |
| Misc Debtors | 5,000 | 3,000 | 0 | 809,000 | 22,000 | 20,000 | 35,000 | 30,000 | 49,000 | 40,000 | 71,000 | 1,337,000 | 734,783 |
| Cash | 2,233,000 | 2,503,000 | 1,841,000 | 1,635,000 | 1,550,000 | 1,304,000 | 3,548,000 | 1,274,000 | 3,203,000 | 13,145,000 | 12,904,000 | 12,602,000 | 9,742,757 |
| misc current assets | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,070,000 | 3,331,000 | 2,558,000 | 2,444,000 | 2,478,000 | 2,209,000 | 4,380,000 | 1,456,000 | 13,316,000 | 13,231,000 | 13,459,000 | 16,080,000 | 12,007,228 |
| total assets | 3,070,000 | 3,336,000 | 2,573,000 | 2,451,000 | 2,479,000 | 2,220,000 | 4,401,000 | 1,464,000 | 13,330,000 | 13,254,000 | 13,492,000 | 16,117,000 | 12,092,264 |
| Bank overdraft | 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 |
| Trade Creditors | 0 | 20,000 | 1,000 | 21,000 | 23,000 | 11,000 | 0 | 0 | 55,000 | 64,000 | 51,000 | 23,000 | 3,100 |
| Group/Directors Accounts | 296,000 | 518,000 | 288,000 | 296,000 | 235,000 | 23,000 | 0 | 0 | 2,074,000 | 1,451,000 | 1,152,000 | 3,190,000 | 2,320,007 |
| other short term finances | 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 |
| other current liabilities | 932,000 | 1,141,000 | 788,000 | 797,000 | 1,031,000 | 957,000 | 1,218,000 | 487,000 | 2,170,000 | 2,873,000 | 3,881,000 | 5,763,000 | 5,068,514 |
| total current liabilities | 1,228,000 | 1,679,000 | 1,077,000 | 1,114,000 | 1,289,000 | 991,000 | 1,218,000 | 487,000 | 4,299,000 | 4,388,000 | 5,084,000 | 8,976,000 | 7,391,621 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 1,228,000 | 399,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 165,000 | 142,000 | 146,000 | 174,000 | 227,000 | 297,000 | 195,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 165,000 | 142,000 | 146,000 | 174,000 | 227,000 | 297,000 | 1,423,000 | 399,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,393,000 | 1,821,000 | 1,223,000 | 1,288,000 | 1,516,000 | 1,288,000 | 2,641,000 | 886,000 | 4,299,000 | 4,388,000 | 5,084,000 | 8,976,000 | 7,391,621 |
| net assets | 1,677,000 | 1,515,000 | 1,350,000 | 1,163,000 | 963,000 | 932,000 | 1,760,000 | 578,000 | 9,031,000 | 8,866,000 | 8,408,000 | 7,141,000 | 4,700,643 |
| total shareholders funds | 1,677,000 | 1,515,000 | 1,350,000 | 1,163,000 | 963,000 | 932,000 | 1,760,000 | 578,000 | 9,031,000 | 8,866,000 | 8,408,000 | 7,141,000 | 4,700,643 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Nov 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 171,000 | 201,000 | 228,000 | 214,000 | 249,000 | 609,000 | 510,000 | 618,000 | 210,000 | 587,000 | 1,511,000 | 3,253,000 | 2,556,028 |
| Depreciation | 4,000 | 6,000 | 3,000 | 0 | 5,000 | 3,000 | 1,000 | 1,000 | 1,000 | 18,000 | 25,000 | 54,000 | 26,790 |
| Amortisation | 0 | 0 | 0 | 0 | 5,000 | 8,000 | 2,000 | 5,000 | 8,000 | 0 | 0 | 0 | 0 |
| Tax | -38,000 | -37,000 | -42,000 | -20,000 | -222,000 | -188,000 | 97,000 | -147,000 | -54,000 | -85,000 | -306,000 | -879,000 | -718,590 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 8,000 | 111,000 | -92,000 | -119,000 | 23,000 | 905,000 | 650,000 | -9,931,000 | 10,027,000 | -469,000 | -2,923,000 | 1,213,529 | 2,264,471 |
| Creditors | -20,000 | 19,000 | -20,000 | -2,000 | 12,000 | 11,000 | 0 | -55,000 | -9,000 | 13,000 | 28,000 | 19,900 | 3,100 |
| Accruals and Deferred Income | -209,000 | 353,000 | -9,000 | -234,000 | 74,000 | 957,000 | 731,000 | -1,683,000 | -703,000 | -1,008,000 | -1,882,000 | 694,486 | 5,068,514 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -100,000 | 431,000 | 252,000 | 77,000 | 100,000 | 495,000 | 691,000 | 8,670,000 | -10,574,000 | -6,000 | 2,299,000 | 1,928,857 | 4,671,371 |
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | -222,000 | 230,000 | -8,000 | 61,000 | 212,000 | 23,000 | 0 | -2,074,000 | 623,000 | 299,000 | -2,038,000 | 869,993 | 2,320,007 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 829,000 | 399,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 23,000 | -4,000 | -28,000 | -53,000 | -70,000 | 297,000 | 195,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 29,000 | 1,000 | 1,000 | 6,000 | 4,000 | 1,000 | -17,000 | 7,000 | 9,000 | 31,000 | 52,000 | 66,000 | 36,112 |
| cash flow from financing | -170,000 | 227,000 | -35,000 | 14,000 | 146,000 | 2,081,000 | 1,599,000 | -1,668,000 | 632,000 | 330,000 | -1,986,000 | 936,350 | 5,843,212 |
| cash and cash equivalents | |||||||||||||
| cash | -270,000 | 662,000 | 206,000 | 85,000 | 246,000 | 1,304,000 | 2,274,000 | -1,929,000 | -9,942,000 | 241,000 | 302,000 | 2,859,243 | 9,742,757 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -270,000 | 662,000 | 206,000 | 85,000 | 246,000 | 1,304,000 | 2,274,000 | -1,929,000 | -9,942,000 | 241,000 | 302,000 | 2,859,243 | 9,742,757 |
energy insurance services limited Credit Report and Business Information
Energy Insurance Services Limited Competitor Analysis
Perform a competitor analysis for energy insurance services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in WS2 area or any other competitors across 12 key performance metrics.
energy insurance services limited Ownership
ENERGY INSURANCE SERVICES LIMITED group structure
Energy Insurance Services Limited has no subsidiary companies.
Ultimate parent company
HESTIA UK HOLDCO II LTD
#0142288
2 parents
ENERGY INSURANCE SERVICES LIMITED
04792484
energy insurance services limited directors
Energy Insurance Services Limited currently has 2 directors. The longest serving directors include Mr Jeremy Strutt (Feb 2015) and Mr Nicholas Kasmir (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeremy Strutt | England | 53 years | Feb 2015 | - | Director |
| Mr Nicholas Kasmir | England | 49 years | Dec 2022 | - | Director |
P&L
March 2023turnover
3.1m
+20%
operating profit
171k
-15%
gross margin
28.4%
-11.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.7m
+0.11%
total assets
3.1m
-0.08%
cash
2.2m
-0.11%
net assets
Total assets minus all liabilities
energy insurance services limited company details
company number
04792484
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
June 2003
age
21
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
eaga insurance services limited (August 2012)
eaga insurance services limited (July 2012)
accountant
-
auditor
BRYDEN JOHNSON LIMITED
address
homeserve cable drive, walsall, west midlands, WS2 7BN
Bank
BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
-
energy 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 energy insurance services limited.
energy insurance services limited Companies House Filings - See Documents
| date | description | view/download |
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