halpern & partners insurance services limited
halpern & partners insurance services limited Company Information
Company Number
05144711
Next Accounts
7 days late
Directors
Shareholders
menachem neufeld
jakob halpern
Group Structure
View All
Industry
Non-life insurance
Registered Address
ground floor flat 33 west bank, london, N16 5DF
Website
www.halperninsurance.co.ukhalpern & partners insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of HALPERN & PARTNERS INSURANCE SERVICES LIMITED at £959.1k based on a Turnover of £1.6m and 0.6x industry multiple (adjusted for size and gross margin).
halpern & partners insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of HALPERN & PARTNERS INSURANCE SERVICES LIMITED at £203.4k based on an EBITDA of £31k and a 6.55x industry multiple (adjusted for size and gross margin).
halpern & partners insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of HALPERN & PARTNERS INSURANCE SERVICES LIMITED at £1.6m based on Net Assets of £952.8k and 1.64x industry multiple (adjusted for liquidity).
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Halpern & Partners Insurance Services Limited Overview
Halpern & Partners Insurance Services Limited is a live company located in london, N16 5DF with a Companies House number of 05144711. It operates in the non-life insurance sector, SIC Code 65120. Founded in June 2004, it's largest shareholder is menachem neufeld with a 50% stake. Halpern & Partners Insurance Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with high growth in recent years.
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Halpern & Partners Insurance Services Limited Health Check
Pomanda's financial health check has awarded Halpern & Partners Insurance Services Limited 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
5 Regular
3 Weak
Size
annual sales of £1.6m, make it in line with the average company (£2m)
- Halpern & Partners Insurance Services Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (7.2%)
- Halpern & Partners Insurance Services Limited
7.2% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
- Halpern & Partners Insurance Services Limited
100% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (18%)
- Halpern & Partners Insurance Services Limited
18% - Industry AVG
Employees
with 14 employees, this is below the industry average (24)
14 - Halpern & Partners Insurance Services Limited
24 - Industry AVG
Pay Structure
on an average salary of £60.4k, the company has an equivalent pay structure (£60.4k)
- Halpern & Partners Insurance Services Limited
£60.4k - Industry AVG
Efficiency
resulting in sales per employee of £115.1k, this is less efficient (£147.8k)
- Halpern & Partners Insurance Services Limited
£147.8k - Industry AVG
Debtor Days
it gets paid by customers after 184 days, this is near the average (206 days)
- Halpern & Partners Insurance Services Limited
206 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Halpern & Partners Insurance Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Halpern & Partners Insurance Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is average cash available to meet short term requirements (20 weeks)
17 weeks - Halpern & Partners Insurance Services Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.4%, this is a lower level of debt than the average (81.5%)
47.4% - Halpern & Partners Insurance Services Limited
81.5% - Industry AVG
HALPERN & PARTNERS INSURANCE SERVICES LIMITED financials
Halpern & Partners Insurance Services Limited's latest turnover from June 2023 is estimated at £1.6 million and the company has net assets of £952.8 thousand. According to their latest financial statements, Halpern & Partners Insurance Services Limited has 14 employees and maintains cash reserves of £275.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 14 | 11 | 9 | 8 | 8 | 7 | 4 | 3 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,759 | 6,210 | 6,938 | 3,424 | 4,478 | 16,007 | 9,487 | 5,390 | 6,416 | 6,528 | 8,578 | 9,986 | 5,648 | 5,924 |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 4,759 | 6,210 | 6,938 | 3,424 | 4,478 | 16,007 | 9,487 | 5,390 | 6,416 | 6,528 | 8,578 | 9,986 | 5,648 | 5,924 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 816,457 | 511,142 | 644,512 | 579,047 | 427,162 | 385,320 | 253,763 | 311,239 | 271,727 | 252,534 | 218,227 | 181,805 | 203,266 | 250,101 |
| Group Debtors | 159,960 | 159,960 | ||||||||||||
| Misc Debtors | 714,810 | 738,270 | 330,317 | 285,572 | 406,439 | 373,009 | 292,080 | 254,680 | ||||||
| Cash | 275,156 | 281,925 | 198,443 | 262,526 | 105,200 | 103,607 | 213,440 | 104,629 | 173,383 | 110,832 | 116,031 | 69,970 | 100,179 | 50,098 |
| misc current assets | ||||||||||||||
| total current assets | 1,806,423 | 1,531,337 | 1,333,232 | 1,287,105 | 938,801 | 861,936 | 759,283 | 670,548 | 445,110 | 363,366 | 334,258 | 251,775 | 303,445 | 300,199 |
| total assets | 1,811,182 | 1,537,547 | 1,340,170 | 1,290,529 | 943,279 | 877,943 | 768,770 | 675,938 | 451,526 | 369,894 | 342,836 | 261,761 | 309,093 | 306,123 |
| Bank overdraft | 5,800 | 4,300 | 11,656 | 19,115 | 22,078 | |||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 618,518 | 334,996 | 565,651 | 592,548 | 346,777 | 384,220 | 267,674 | 319,656 | 294,172 | 228,042 | 199,583 | 174,404 | 167,399 | 185,780 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 191,620 | 228,023 | 22,386 | 44,737 | 37,329 | 27,801 | 81,993 | 47,046 | ||||||
| total current liabilities | 815,938 | 567,319 | 599,693 | 637,285 | 403,221 | 434,099 | 349,667 | 366,702 | 294,172 | 228,042 | 199,583 | 174,404 | 167,399 | 185,780 |
| loans | 42,417 | 45,178 | 46,000 | |||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | 42,417 | 45,178 | 46,000 | |||||||||||
| total liabilities | 858,355 | 612,497 | 645,693 | 637,285 | 403,221 | 434,099 | 349,667 | 366,702 | 294,172 | 228,042 | 199,583 | 174,404 | 167,399 | 185,780 |
| net assets | 952,827 | 925,050 | 694,477 | 653,244 | 540,058 | 443,844 | 419,103 | 309,236 | 157,354 | 141,852 | 143,253 | 87,357 | 141,694 | 120,343 |
| total shareholders funds | 952,827 | 925,050 | 694,477 | 653,244 | 540,058 | 443,844 | 419,103 | 309,236 | 157,354 | 141,852 | 143,253 | 87,357 | 141,694 | 120,343 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 2,550 | 3,264 | 4,331 | 2,103 | 2,829 | 7,783 | 6,253 | 3,435 | 3,007 | 2,550 | 3,433 | 4,475 | 2,473 | 2,837 |
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | 281,855 | 114,623 | 110,210 | 190,978 | 75,272 | 212,486 | -20,076 | 294,192 | 19,193 | 34,307 | 36,422 | -21,461 | -46,835 | 250,101 |
| Creditors | 283,522 | -230,655 | -26,897 | 245,771 | -37,443 | 116,546 | -51,982 | 25,484 | 66,130 | 28,459 | 25,179 | 7,005 | -18,381 | 185,780 |
| Accruals and Deferred Income | -36,403 | 205,637 | -22,351 | 7,408 | 9,528 | -54,192 | 34,947 | 47,046 | ||||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -2,761 | -822 | 46,000 | |||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -6,769 | 83,482 | -64,083 | 157,326 | 1,593 | -109,833 | 108,811 | -68,754 | 62,551 | -5,199 | 46,061 | -30,209 | 50,081 | 50,098 |
| overdraft | 1,500 | -7,356 | 11,656 | -19,115 | -2,963 | 22,078 | ||||||||
| change in cash | -8,269 | 90,838 | -75,739 | 176,441 | 4,556 | -131,911 | 108,811 | -68,754 | 62,551 | -5,199 | 46,061 | -30,209 | 50,081 | 50,098 |
halpern & partners insurance services limited Credit Report and Business Information
Halpern & Partners Insurance Services Limited Competitor Analysis
Perform a competitor analysis for halpern & partners insurance services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in N16 area or any other competitors across 12 key performance metrics.
halpern & partners insurance services limited Ownership
HALPERN & PARTNERS INSURANCE SERVICES LIMITED group structure
Halpern & Partners Insurance Services Limited has no subsidiary companies.
Ultimate parent company
HALPERN & PARTNERS INSURANCE SERVICES LIMITED
05144711
halpern & partners insurance services limited directors
Halpern & Partners Insurance Services Limited currently has 1 director, Mr Menachem Neufeld serving since Jan 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Menachem Neufeld | United Kingdom | 53 years | Jan 2013 | - | Director |
P&L
June 2023turnover
1.6m
+51%
operating profit
28.5k
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
952.8k
+0.03%
total assets
1.8m
+0.18%
cash
275.2k
-0.02%
net assets
Total assets minus all liabilities
halpern & partners insurance services limited company details
company number
05144711
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
June 2004
age
21
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
ground floor flat 33 west bank, london, N16 5DF
Bank
-
Legal Advisor
-
halpern & partners 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 halpern & partners insurance services limited.
halpern & partners 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.
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halpern & partners insurance services limited Companies House Filings - See Documents
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