swiftcover insurance services ltd
swiftcover insurance services ltd Company Information
Company Number
05298352
Next Accounts
Sep 2025
Shareholders
axa insurance uk plc
Group Structure
View All
Industry
Non-life insurance
Registered Address
20 gracechurch street, london, EC3V 0BG
Website
www.swiftcover.comswiftcover insurance services ltd Estimated Valuation
Pomanda estimates the enterprise value of SWIFTCOVER INSURANCE SERVICES LTD at £0 based on a Turnover of £0 and 0.57x industry multiple (adjusted for size and gross margin).
swiftcover insurance services ltd Estimated Valuation
Pomanda estimates the enterprise value of SWIFTCOVER INSURANCE SERVICES LTD at £0 based on an EBITDA of £0 and a 6.3x industry multiple (adjusted for size and gross margin).
swiftcover insurance services ltd Estimated Valuation
Pomanda estimates the enterprise value of SWIFTCOVER INSURANCE SERVICES LTD at £1 based on Net Assets of £1 and 1.64x industry multiple (adjusted for liquidity).
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Swiftcover Insurance Services Ltd Overview
Swiftcover Insurance Services Ltd is a live company located in london, EC3V 0BG with a Companies House number of 05298352. It operates in the non-life insurance sector, SIC Code 65120. Founded in November 2004, it's largest shareholder is axa insurance uk plc with a 100% stake. Swiftcover Insurance Services Ltd is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Swiftcover Insurance Services Ltd Health Check
There is insufficient data available to calculate a health check for Swiftcover Insurance Services Ltd. Company Health Check FAQs
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0 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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Growth
There is insufficient data available for this Key Performance Indicator!
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Production
There is insufficient data available for this Key Performance Indicator!
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Profitability
There is insufficient data available for this Key Performance Indicator!
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Employees
There is insufficient data available for this Key Performance Indicator!
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Pay Structure
There is insufficient data available for this Key Performance Indicator!
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Efficiency
There is insufficient data available for this Key Performance Indicator!
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
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Creditor Days
There is insufficient data available for this Key Performance Indicator!
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Stock Days
There is insufficient data available for this Key Performance Indicator!
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Cash Balance
There is insufficient data available for this Key Performance Indicator!
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Debt Level
There is insufficient data available for this Key Performance Indicator!
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SWIFTCOVER INSURANCE SERVICES LTD financials
Swiftcover Insurance Services Ltd's latest turnover from December 2023 is estimated at 0 and the company has net assets of £1. According to their latest financial statements, we estimate that Swiftcover Insurance Services Ltd has no employees and maintains cash reserves of 0 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 | 86,233,000 | 81,298,000 | 71,052,000 | 76,818,000 | |||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 27,436,000 | 28,680,000 | 22,922,000 | 13,591,000 | |||||||||||
| Gross Profit | 58,797,000 | 52,618,000 | 48,130,000 | 63,227,000 | |||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 607,000 | 476,000 | 467,000 | 552,000 | |||||||||||
| Interest Receivable | 6,000 | 3,000 | 33,000 | 36,000 | |||||||||||
| Pre-Tax Profit | 6,798,000 | -13,834,000 | 498,000 | 29,369,000 | |||||||||||
| Tax | -2,127,000 | 3,097,000 | -207,000 | -8,258,000 | |||||||||||
| Profit After Tax | 4,671,000 | -10,737,000 | 291,000 | 21,111,000 | |||||||||||
| Dividends Paid | 10,000,000 | ||||||||||||||
| Retained Profit | 4,671,000 | -10,737,000 | -9,709,000 | 21,111,000 | |||||||||||
| Employee Costs | 21,842,000 | 18,696,000 | 13,969,000 | 7,629,000 | |||||||||||
| Number Of Employees | 645 | 651 | 519 | 372 | |||||||||||
| 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 | 16,609,000 | 19,321,000 | 17,593,000 | 11,320,000 | |||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 7,654,000 | 6,154,000 | 6,154,000 | ||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 16,609,000 | 26,975,000 | 23,747,000 | 17,474,000 | |||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 130,704,000 | 141,427,000 | 24,536,000 | 9,850,000 | |||||||||||
| Group Debtors | 1 | 1 | 1 | 1 | 1 | 12,563,000 | 8,724,000 | 5,589,000 | 3,725,000 | ||||||
| Misc Debtors | 4,412,000 | 6,021,000 | 7,668,000 | 4,857,000 | |||||||||||
| Cash | 21,946,000 | 15,480,000 | 14,076,000 | 32,170,000 | |||||||||||
| misc current assets | 11,792,000 | 3,828,000 | |||||||||||||
| total current assets | 1 | 1 | 1 | 1 | 1 | 181,417,000 | 175,480,000 | 51,869,000 | 50,602,000 | ||||||
| total assets | 1 | 1 | 1 | 1 | 1 | 198,026,000 | 202,455,000 | 75,616,000 | 68,076,000 | ||||||
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 166,175,000 | 174,985,000 | 33,642,000 | 11,683,000 | |||||||||||
| Group/Directors Accounts | 19,115,000 | 3,103,000 | 5,592,000 | ||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 10,788,000 | 9,516,000 | 11,232,000 | 16,939,000 | |||||||||||
| total current liabilities | 196,078,000 | 187,604,000 | 50,466,000 | 28,622,000 | |||||||||||
| loans | 17,576,000 | 17,138,000 | 16,733,000 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 17,576,000 | 17,138,000 | 16,733,000 | ||||||||||||
| total liabilities | 196,078,000 | 205,180,000 | 67,604,000 | 45,355,000 | |||||||||||
| net assets | 1 | 1 | 1 | 1 | 1 | 1,948,000 | -2,725,000 | 8,012,000 | 22,721,000 | ||||||
| total shareholders funds | 1 | 1 | 1 | 1 | 1 | 1,948,000 | -2,725,000 | 8,012,000 | 22,721,000 |
| 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 | 10,188,000 | 7,984,000 | 5,278,000 | 3,020,000 | |||||||||||
| Amortisation | |||||||||||||||
| Tax | -2,127,000 | 3,097,000 | -207,000 | -8,258,000 | |||||||||||
| Stock | |||||||||||||||
| Debtors | 1 | -147,679,000 | -8,493,000 | 118,379,000 | 19,361,000 | 18,432,000 | |||||||||
| Creditors | -166,175,000 | -8,810,000 | 141,343,000 | 21,959,000 | 11,683,000 | ||||||||||
| Accruals and Deferred Income | -10,788,000 | 1,272,000 | -1,716,000 | -5,707,000 | 16,939,000 | ||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -7,654,000 | 1,500,000 | 6,154,000 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -19,115,000 | 16,012,000 | -2,489,000 | 5,592,000 | |||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -17,576,000 | 438,000 | 405,000 | 16,733,000 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -601,000 | -473,000 | -434,000 | -516,000 | |||||||||||
| cash flow from financing | -2,163,000 | -2,524,000 | 563,000 | 17,827,000 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -21,946,000 | 6,466,000 | 1,404,000 | -18,094,000 | 32,170,000 | ||||||||||
| overdraft | |||||||||||||||
| change in cash | -21,946,000 | 6,466,000 | 1,404,000 | -18,094,000 | 32,170,000 |
swiftcover insurance services ltd Credit Report and Business Information
Swiftcover Insurance Services Ltd Competitor Analysis
Perform a competitor analysis for swiftcover insurance services ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mature companies, companies in EC3V area or any other competitors across 12 key performance metrics.
swiftcover insurance services ltd Ownership
SWIFTCOVER INSURANCE SERVICES LTD group structure
Swiftcover Insurance Services Ltd has no subsidiary companies.
Ultimate parent company
AXA SA
#0014152
2 parents
SWIFTCOVER INSURANCE SERVICES LTD
05298352
swiftcover insurance services ltd directors
Swiftcover Insurance Services Ltd currently has 2 directors. The longest serving directors include Mr Marco Distefano (Jun 2024) and Ms Emily Coupland (Jun 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marco Distefano | United Kingdom | 55 years | Jun 2024 | - | Director |
| Ms Emily Coupland | United Kingdom | 56 years | Jun 2024 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1
0%
total assets
1
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
swiftcover insurance services ltd company details
company number
05298352
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
November 2004
age
21
incorporated
UK
ultimate parent company
accounts
Dormant
last accounts submitted
December 2023
previous names
swift cover insurance services ltd (December 2004)
accountant
-
auditor
-
address
20 gracechurch street, london, EC3V 0BG
Bank
BARCLAYS BANK PLC
Legal Advisor
-
swiftcover insurance 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 found 1 charges/mortgages relating to swiftcover insurance services ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
swiftcover insurance 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.
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swiftcover insurance services ltd Companies House Filings - See Documents
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