hcl insurance bpo services limited

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hcl insurance bpo services limited Company Information

Share HCL INSURANCE BPO SERVICES LIMITED

Company Number

05301492

Directors

Sugata Gupta

Shiv Walia

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Shareholders

hc america inc.

Group Structure

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Industry

Other business support service activities n.e.c.

 +2

Registered Address

hcl house 28-36 eastern road, romford, essex, RM1 3PJ

hcl insurance bpo services limited Estimated Valuation

£13.4m

Pomanda estimates the enterprise value of HCL INSURANCE BPO SERVICES LIMITED at £13.4m based on a Turnover of £20.2m and 0.66x industry multiple (adjusted for size and gross margin).

hcl insurance bpo services limited Estimated Valuation

£11.4m

Pomanda estimates the enterprise value of HCL INSURANCE BPO SERVICES LIMITED at £11.4m based on an EBITDA of £2.5m and a 4.48x industry multiple (adjusted for size and gross margin).

hcl insurance bpo services limited Estimated Valuation

£33.2m

Pomanda estimates the enterprise value of HCL INSURANCE BPO SERVICES LIMITED at £33.2m based on Net Assets of £13.9m and 2.38x industry multiple (adjusted for liquidity).

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Hcl Insurance Bpo Services Limited Overview

Hcl Insurance Bpo Services Limited is a live company located in essex, RM1 3PJ with a Companies House number of 05301492. It operates in the other activities auxiliary to insurance and pension funding sector, SIC Code 66290. Founded in December 2004, it's largest shareholder is hc america inc. with a 100% stake. Hcl Insurance Bpo Services Limited is a mature, large sized company, Pomanda has estimated its turnover at £20.2m with declining growth in recent years.

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Hcl Insurance Bpo Services Limited Health Check

Pomanda's financial health check has awarded Hcl Insurance Bpo Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

0 Regular

positive_score

4 Weak

size

Size

annual sales of £20.2m, make it larger than the average company (£1.9m)

£20.2m - Hcl Insurance Bpo Services Limited

£1.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (8.6%)

-1% - Hcl Insurance Bpo Services Limited

8.6% - Industry AVG

production

Production

with a gross margin of 22.8%, this company has a higher cost of product (65.6%)

22.8% - Hcl Insurance Bpo Services Limited

65.6% - Industry AVG

profitability

Profitability

an operating margin of 11.2% make it more profitable than the average company (8%)

11.2% - Hcl Insurance Bpo Services Limited

8% - Industry AVG

employees

Employees

with 245 employees, this is above the industry average (11)

245 - Hcl Insurance Bpo Services Limited

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.2k, the company has a lower pay structure (£51.4k)

£37.2k - Hcl Insurance Bpo Services Limited

£51.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £82.5k, this is less efficient (£128.3k)

£82.5k - Hcl Insurance Bpo Services Limited

£128.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 17 days, this is earlier than average (48 days)

17 days - Hcl Insurance Bpo Services Limited

48 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 13 days, this is quicker than average (37 days)

13 days - Hcl Insurance Bpo Services Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hcl Insurance Bpo Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 125 weeks, this is more cash available to meet short term requirements (33 weeks)

125 weeks - Hcl Insurance Bpo Services Limited

33 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 21.6%, this is a lower level of debt than the average (54.8%)

21.6% - Hcl Insurance Bpo Services Limited

54.8% - Industry AVG

HCL INSURANCE BPO SERVICES LIMITED financials

EXPORTms excel logo

Hcl Insurance Bpo Services Limited's latest turnover from March 2024 is £20.2 million and the company has net assets of £13.9 million. According to their latest financial statements, Hcl Insurance Bpo Services Limited has 245 employees and maintains cash reserves of £8.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover20,213,00020,808,00020,290,00020,694,00021,215,00020,773,00021,641,00022,112,00016,990,00027,026,00024,639,00025,426,00026,008,00039,747,00039,038,000
Other Income Or Grants000000000000000
Cost Of Sales15,612,00015,730,00013,286,00016,979,00017,179,00017,738,00020,896,00019,244,00014,788,00020,954,00020,488,00022,224,00021,851,00031,651,00015,817,226
Gross Profit4,601,0005,078,0007,004,0003,715,0004,036,0003,035,000745,0002,868,0002,202,0006,072,0004,151,0003,202,0004,157,0008,096,00023,220,774
Admin Expenses2,332,0003,288,0004,091,0004,008,0003,808,0002,600,0004,718,0002,537,0001,351,0002,942,0005,755,0005,728,0007,160,0009,668,00026,625,774
Operating Profit2,269,0001,790,0002,913,000-293,000228,000435,000-3,973,000331,000851,0003,130,000-1,604,000-2,526,000-3,003,000-1,572,000-3,405,000
Interest Payable3,0004,0005,00010,00025,00027,00018,0009,0006,00015,00025,00033,00038,00028,000185,000
Interest Receivable570,000294,00069,00056,000226,000401,000303,000277,000144,000181,000177,000170,00039,000192,00078,000
Pre-Tax Profit2,836,0002,080,0002,977,000-247,000429,000809,000-3,688,000599,000989,0003,296,000-1,452,0004,734,000-3,002,000-1,408,000-3,512,000
Tax1,116,0000000-15,00001,000-285,0000000156,00097,000
Profit After Tax3,952,0002,080,0002,977,000-247,000429,000794,000-3,688,000600,000704,0003,296,000-1,452,0004,734,000-3,002,000-1,252,000-3,415,000
Dividends Paid01,800,0000000000000000
Retained Profit3,952,000280,0002,977,000-247,000429,000794,000-3,688,000600,000704,0003,296,000-1,452,0004,734,000-3,002,000-1,252,000-3,415,000
Employee Costs9,114,0009,448,0009,253,00011,676,00012,032,00011,934,00012,809,00012,891,0009,642,00013,772,00014,924,00017,625,00018,393,00028,529,00027,100,000
Number Of Employees245250250309344341366374360373426487553720776
EBITDA*2,548,0002,110,0003,397,000242,000723,000830,000-3,545,000764,0001,213,0003,594,000-412,000-776,000-539,000856,000-2,008,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets173,000449,000769,0001,049,0001,609,0001,249,0001,050,0001,158,0001,016,000920,0001,073,0001,923,0004,012,0005,150,0005,080,000
Intangible Assets000109,00000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)1,120,000298,000286,000302,000338,000299,000387,000276,000224,000172,000190,000244,000283,000285,000285,000
Total Fixed Assets1,293,000747,0001,055,0001,460,0001,947,0001,548,0001,437,0001,434,0001,240,0001,092,0001,263,0002,167,0004,295,0005,435,0005,365,000
Stock & work in progress000000000000000
Trade Debtors947,0002,440,0002,344,0001,444,0001,167,0001,696,0001,964,0002,120,0001,358,0002,885,0002,047,000803,0002,037,0003,448,0004,821,000
Group Debtors5,598,0005,573,0005,500,0005,529,0001,174,0008,992,0008,075,0008,897,0008,745,0008,185,0006,855,0008,307,0001,746,0006,277,0005,918,000
Misc Debtors1,222,0001,492,0001,102,000835,0002,657,0001,559,0001,307,0001,247,0001,252,0001,032,000662,000628,0001,458,0001,244,0001,648,000
Cash8,740,0002,662,0002,873,0002,327,0006,522,0000629,0001,462,0001,546,000605,0000609,000473,000885,0005,458,000
misc current assets000000000000000
total current assets16,507,00012,167,00011,819,00010,135,00011,520,00012,247,00011,975,00013,726,00012,901,00012,707,0009,564,00010,347,0005,714,00011,854,00017,845,000
total assets17,800,00012,914,00012,874,00011,595,00013,467,00013,795,00013,412,00015,160,00014,141,00013,799,00010,827,00012,514,00010,009,00017,289,00023,210,000
Bank overdraft0000000000389,0000000
Bank loan000001,414,000000000000
Trade Creditors 563,000300,000263,000116,000951,000305,000257,000208,00031,000173,000113,000368,00075,000432,000749,000
Group/Directors Accounts662,000646,000648,000832,000748,000813,0002,113,0001,702,0001,790,0001,823,0001,214,000874,00045,0001,233,0001,789,000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities2,390,0001,708,0002,004,0003,543,0004,429,0004,706,0005,279,0003,799,0003,469,0003,656,0003,379,0002,831,0003,672,0006,388,00013,163,000
total current liabilities3,615,0002,654,0002,915,0004,491,0006,128,0007,238,0007,649,0005,709,0005,290,0005,652,0005,095,0004,073,0003,792,0008,053,00015,701,000
loans027,0006,000000000000700,000700,000700,000
hp & lease commitments000000000000000
Accruals and Deferred Income0000000000881,000993,000993,00000
other liabilities000000000000000
provisions237,000237,000237,000365,000353,0000000001,145,0002,955,0004,265,0005,786,000
total long term liabilities237,000264,000243,000365,000353,00000000881,0002,138,0004,648,0004,965,0006,486,000
total liabilities3,852,0002,918,0003,158,0004,856,0006,481,0007,238,0007,649,0005,709,0005,290,0005,652,0005,976,0006,211,0008,440,00013,018,00022,187,000
net assets13,948,0009,996,0009,716,0006,739,0006,986,0006,557,0005,763,0009,451,0008,851,0008,147,0004,851,0006,303,0001,569,0004,271,0001,023,000
total shareholders funds13,948,0009,996,0009,716,0006,739,0006,986,0006,557,0005,763,0009,451,0008,851,0008,147,0004,851,0006,303,0001,569,0004,271,0001,023,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit2,269,0001,790,0002,913,000-293,000228,000435,000-3,973,000331,000851,0003,130,000-1,604,000-2,526,000-3,003,000-1,572,000-3,405,000
Depreciation279,000320,000484,000535,000495,000395,000428,000433,000362,000464,0001,192,0001,750,0002,464,0002,428,0001,397,000
Amortisation000000000000000
Tax1,116,0000000-15,00001,000-285,0000000156,00097,000
Stock000000000000000
Debtors-916,000571,0001,122,0002,774,000-7,210,000813,000-807,000961,000-695,0002,520,000-228,0004,458,000-5,730,000-1,418,00012,672,000
Creditors263,00037,000147,000-835,000646,00048,00049,000177,000-142,00060,000-255,000293,000-357,000-317,000749,000
Accruals and Deferred Income682,000-296,000-1,539,000-886,000-277,000-573,0001,480,000330,000-187,000-604,000436,000-841,000-1,723,000-6,775,00013,163,000
Deferred Taxes & Provisions00-128,00012,000353,00000000-1,145,000-1,810,000-1,310,000-1,521,0005,786,000
Cash flow from operations5,525,0001,280,000755,000-4,241,0008,655,000-523,000-1,209,000311,0001,294,000530,000-1,148,000-7,592,0001,801,000-6,183,0005,115,000
Investing Activities
capital expenditure-3,0000-95,000-84,000-855,000-594,000-320,000-575,000-458,000-311,000-342,000339,000-1,326,000-2,498,000-6,477,000
Change in Investments000000000000000
cash flow from investments-3,0000-95,000-84,000-855,000-594,000-320,000-575,000-458,000-311,000-342,000339,000-1,326,000-2,498,000-6,477,000
Financing Activities
Bank loans0000-1,414,0001,414,000000000000
Group/Directors Accounts16,000-2,000-184,00084,000-65,000-1,300,000411,000-88,000-33,000609,000340,000829,000-1,188,000-556,0001,789,000
Other Short Term Loans 000000000000000
Long term loans-27,00021,0006,00000000000-700,00000700,000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000000300,0004,500,0004,438,000
interest567,000290,00064,00046,000201,000374,000285,000268,000138,000166,000152,000137,0001,000164,000-107,000
cash flow from financing556,000309,000-114,000130,000-1,278,000488,000696,000180,000105,000775,000492,000266,000-887,0004,108,0006,820,000
cash and cash equivalents
cash6,078,000-211,000546,000-4,195,0006,522,000-629,000-833,000-84,000941,000605,000-609,000136,000-412,000-4,573,0005,458,000
overdraft000000000-389,000389,0000000
change in cash6,078,000-211,000546,000-4,195,0006,522,000-629,000-833,000-84,000941,000994,000-998,000136,000-412,000-4,573,0005,458,000

hcl insurance bpo services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Hcl Insurance Bpo Services Limited Competitor Analysis

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Perform a competitor analysis for hcl insurance bpo services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in RM1 area or any other competitors across 12 key performance metrics.

hcl insurance bpo services limited Ownership

HCL INSURANCE BPO SERVICES LIMITED group structure

Hcl Insurance Bpo Services Limited has no subsidiary companies.

Ultimate parent company

HCL TECHNOLOGIES LTD

#0026476

HC AMERICA INC

#0086779

2 parents

HCL INSURANCE BPO SERVICES LIMITED

05301492

HCL INSURANCE BPO SERVICES LIMITED Shareholders

hc america inc. 100%

hcl insurance bpo services limited directors

Hcl Insurance Bpo Services Limited currently has 4 directors. The longest serving directors include Mr Sugata Gupta (Feb 2018) and Mr Shiv Walia (Feb 2022).

officercountryagestartendrole
Mr Sugata GuptaEngland60 years Feb 2018- Director
Mr Shiv WaliaEngland56 years Feb 2022- Director
Ms Satya MishraEngland52 years Apr 2023- Director
Mr Sushant JainEngland44 years Sep 2024- Director

P&L

March 2024

turnover

20.2m

-3%

operating profit

2.3m

+27%

gross margin

22.8%

-6.73%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

13.9m

+0.4%

total assets

17.8m

+0.38%

cash

8.7m

+2.28%

net assets

Total assets minus all liabilities

hcl insurance bpo services limited company details

company number

05301492

Type

Private limited with Share Capital

industry

66290 - Other activities auxiliary to insurance and pension funding

82990 - Other business support service activities n.e.c.

70229 - Management consultancy activities (other than financial management)

incorporation date

December 2004

age

21

incorporated

UK

ultimate parent company

HCL TECHNOLOGIES LTD

accounts

Full Accounts

last accounts submitted

March 2024

previous names

liberata financial services limited (March 2009)

accountant

-

auditor

KNAW LIMITED

address

hcl house 28-36 eastern road, romford, essex, RM1 3PJ

Bank

DEUTSCHE BANK AG, DEUTSCHE BANK AG

Legal Advisor

-

hcl insurance bpo 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 found 2 charges/mortgages relating to hcl insurance bpo services limited. Currently there are 1 open charges and 1 have been satisfied in the past.

hcl insurance bpo 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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hcl insurance bpo services limited Companies House Filings - See Documents

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