direct fleet insurance services ltd
direct fleet insurance services ltd Company Information
Company Number
05816268
Next Accounts
Sep 2025
Directors
Shareholders
andrew john l'estrange wallace
martin john dunkerley
Group Structure
View All
Industry
Activities of insurance agents and brokers
Registered Address
the long barn the long barn, priory lane, burford, oxfordshire, OX18 4SG
direct fleet insurance services ltd Estimated Valuation
Pomanda estimates the enterprise value of DIRECT FLEET INSURANCE SERVICES LTD at £66.9m based on a Turnover of £36.1m and 1.85x industry multiple (adjusted for size and gross margin).
direct fleet insurance services ltd Estimated Valuation
Pomanda estimates the enterprise value of DIRECT FLEET INSURANCE SERVICES LTD at £0 based on an EBITDA of £-133.4k and a 10.99x industry multiple (adjusted for size and gross margin).
direct fleet insurance services ltd Estimated Valuation
Pomanda estimates the enterprise value of DIRECT FLEET INSURANCE SERVICES LTD at £243.5k based on Net Assets of £130.7k and 1.86x industry multiple (adjusted for liquidity).
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Direct Fleet Insurance Services Ltd Overview
Direct Fleet Insurance Services Ltd is a live company located in burford, OX18 4SG with a Companies House number of 05816268. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in May 2006, it's largest shareholder is andrew john l'estrange wallace with a 80% stake. Direct Fleet Insurance Services Ltd is a established, large sized company, Pomanda has estimated its turnover at £36.1m with rapid growth in recent years.
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Direct Fleet Insurance Services Ltd Health Check
Pomanda's financial health check has awarded Direct Fleet Insurance Services Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £36.1m, make it larger than the average company (£2.9m)
- Direct Fleet Insurance Services Ltd
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 362%, show it is growing at a faster rate (6.7%)
- Direct Fleet Insurance Services Ltd
6.7% - Industry AVG
Production
with a gross margin of 94.2%, this company has a comparable cost of product (94.2%)
- Direct Fleet Insurance Services Ltd
94.2% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (19.4%)
- Direct Fleet Insurance Services Ltd
19.4% - Industry AVG
Employees
with 285 employees, this is above the industry average (18)
- Direct Fleet Insurance Services Ltd
18 - Industry AVG
Pay Structure
on an average salary of £336.8, the company has a lower pay structure (£52.6k)
- Direct Fleet Insurance Services Ltd
£52.6k - Industry AVG
Efficiency
resulting in sales per employee of £126.6k, this is equally as efficient (£126.9k)
- Direct Fleet Insurance Services Ltd
£126.9k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (73 days)
- Direct Fleet Insurance Services Ltd
73 days - Industry AVG
Creditor Days
its suppliers are paid after 1950 days, this is slower than average (149 days)
- Direct Fleet Insurance Services Ltd
149 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Direct Fleet Insurance Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (33 weeks)
11 weeks - Direct Fleet Insurance Services Ltd
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.9%, this is a higher level of debt than the average (58%)
98.9% - Direct Fleet Insurance Services Ltd
58% - Industry AVG
DIRECT FLEET INSURANCE SERVICES LTD financials
Direct Fleet Insurance Services Ltd's latest turnover from December 2023 is estimated at £36.1 million and the company has net assets of £130.7 thousand. According to their latest financial statements, we estimate that Direct Fleet Insurance Services Ltd has 285 employees and maintains cash reserves of £2.6 million 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 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 205,179 | 285,811 | 365,882 | 527,551 | 631,531 | 702,605 | 1,041,091 | 1,169,426 | 1,021,380 | 1,151,928 | 944,613 | 505,932 | 168,970 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 359 | 5,877 | 8,779 | 15,166 | 45,364 | 54,418 | 97,956 | 107,362 | 67,160 | 64,888 | 49,913 | 43,996 | 0 | ||
| Gross Profit | 204,820 | 279,934 | 357,103 | 512,385 | 586,167 | 648,187 | 943,135 | 1,062,064 | 954,220 | 1,087,040 | 894,700 | 461,936 | 168,970 | ||
| Admin Expenses | 220,486 | 277,979 | 344,212 | 507,086 | 559,116 | 693,863 | 849,303 | 978,406 | 1,161,224 | 860,843 | 693,181 | ||||
| Operating Profit | -15,666 | 1,955 | 12,891 | 5,299 | 27,051 | -45,676 | 93,832 | 83,658 | -207,004 | 226,197 | 201,519 | ||||
| Interest Payable | 116 | 38 | 79 | 49 | 54 | 97 | 4,175 | 1,785 | 0 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | -15,782 | 1,917 | 12,812 | 5,250 | 26,997 | -45,773 | 89,657 | 81,873 | -207,002 | 224,520 | 201,519 | 15,541 | 6,376 | ||
| Tax | 671 | -671 | -2,192 | -1,802 | -4,420 | 41,951 | -20,134 | -17,482 | 0 | -43,157 | 3,000 | -3,000 | 0 | ||
| Profit After Tax | -15,111 | 1,246 | 10,620 | 3,448 | 22,577 | -3,822 | 69,523 | 64,391 | -207,002 | 181,363 | 204,519 | 12,541 | 6,376 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | -15,111 | 1,246 | 10,620 | 3,448 | 22,577 | -3,822 | 69,523 | 64,391 | -207,002 | 181,363 | 204,519 | 12,541 | 6,376 | ||
| Employee Costs | 96,000 | 125,326 | 159,141 | 178,168 | 260,245 | 312,725 | 373,610 | 562,265 | 671,244 | 728,189 | |||||
| Number Of Employees | 4 | 5 | 5 | 5 | 15 | 14 | 21 | ||||||||
| EBITDA* | -11,516 | 6,105 | 12,891 | 5,299 | 33,238 | -39,523 | 99,985 | 100,121 | -151,404 | 281,971 | 249,767 |
* 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 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 4,150 | 8,300 | 0 | 0 | 0 | 6,187 | 12,341 | 18,493 | 24,646 | 49,991 | 83,408 | 36,515 | 20,642 | 154,826 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,308 | 40,563 | 70,818 | 101,073 | 131,328 | 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 | 4,150 | 8,300 | 0 | 0 | 0 | 6,187 | 12,341 | 18,493 | 34,954 | 90,554 | 154,226 | 137,588 | 151,970 | 154,826 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 8,902,044 | 6,433,148 | 5,329,448 | 6,803,263 | 3,424,047 | 3,638,423 | 1,066,676 | 1,403,276 | 2,106,213 | 3,734,547 | 3,919,285 | 3,120,384 | 1,924,141 | 428,420 | 519,322 |
| Group Debtors | 0 | 0 | 808,750 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 309,805 | 306,282 | 299,907 | 284,693 | 249,175 | 244,152 | 177,080 | 179,550 | 201,767 | 0 | 131,813 | 2,422 | 6,437 | 118,176 | 0 |
| Cash | 2,613,978 | 1,615,845 | 886,658 | 554,412 | 917,633 | 259,357 | 324,121 | 371,231 | 587,526 | 1,631,843 | 762,132 | 532,554 | 398,918 | 195,008 | 3,080 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,825,827 | 8,355,275 | 7,324,763 | 7,642,368 | 4,590,855 | 4,141,932 | 1,567,877 | 1,954,057 | 2,895,506 | 5,366,390 | 4,813,230 | 3,655,360 | 2,329,496 | 741,604 | 522,402 |
| total assets | 11,825,827 | 8,359,425 | 7,333,063 | 7,642,368 | 4,590,855 | 4,141,932 | 1,574,064 | 1,966,398 | 2,913,999 | 5,401,344 | 4,903,784 | 3,809,586 | 2,467,084 | 893,574 | 677,228 |
| 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 | 42,625 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,151,567 | 7,872,394 | 6,058,267 | 7,324,050 | 4,281,975 | 3,827,153 | 1,300,945 | 1,619,491 | 2,628,388 | 5,234,749 | 4,492,667 | 3,560,624 | 2,244,521 | 747,039 | 492,983 |
| Group/Directors Accounts | 532,445 | 308,451 | 1,030,530 | 83,515 | 54,850 | 88,753 | 105,488 | 109,033 | 26,385 | 85,385 | 113,885 | 113,885 | 113,885 | 0 | 0 |
| 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 | 11,105 | 21,382 | 71,957 | 63,740 | 93,587 | 69,031 | 33,213 | 99,634 | 97,175 | 76,884 | 85,904 | 26,123 | 24,813 | 12,327 | 0 |
| total current liabilities | 11,695,117 | 8,202,227 | 7,160,754 | 7,471,305 | 4,430,412 | 3,984,937 | 1,439,646 | 1,828,158 | 2,794,573 | 5,397,018 | 4,692,456 | 3,700,632 | 2,383,219 | 759,366 | 492,983 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,709 | 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 | 78,989 | 258,419 | 321,304 | 377,717 |
| 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 | 50,709 | 0 | 0 | 78,989 | 258,419 | 321,304 | 377,717 |
| total liabilities | 11,695,117 | 8,202,227 | 7,160,754 | 7,471,305 | 4,430,412 | 3,984,937 | 1,439,646 | 1,828,158 | 2,845,282 | 5,397,018 | 4,692,456 | 3,779,621 | 2,641,638 | 1,080,670 | 870,700 |
| net assets | 130,710 | 157,198 | 172,309 | 171,063 | 160,443 | 156,995 | 134,418 | 138,240 | 68,717 | 4,326 | 211,328 | 29,965 | -174,554 | -187,096 | -193,472 |
| total shareholders funds | 130,710 | 157,198 | 172,309 | 171,063 | 160,443 | 156,995 | 134,418 | 138,240 | 68,717 | 4,326 | 211,328 | 29,965 | -174,554 | -187,096 | -193,472 |
| 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 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -15,666 | 1,955 | 12,891 | 5,299 | 27,051 | -45,676 | 93,832 | 83,658 | -207,004 | 226,197 | 201,519 | ||||
| Depreciation | 4,150 | 4,150 | 4,150 | 0 | 0 | 6,187 | 6,153 | 6,153 | 6,154 | 25,345 | 25,519 | 17,993 | 14,631 | 21,534 | 33,976 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,309 | 30,255 | 30,255 | 30,255 | 0 | 0 | 0 |
| Tax | 671 | -671 | -2,192 | -1,802 | -4,420 | 41,951 | -20,134 | -17,482 | 0 | -43,157 | 3,000 | -3,000 | 0 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,472,419 | 301,325 | -649,851 | 3,414,734 | -209,353 | 2,638,819 | -339,070 | -725,154 | -1,426,567 | -316,551 | 928,292 | 1,192,228 | 1,383,982 | 546,596 | 519,322 |
| Creditors | 3,279,173 | 1,814,127 | -1,265,783 | 3,042,075 | 454,822 | 2,526,208 | -318,546 | -1,008,897 | -2,606,361 | 742,082 | 932,043 | 1,316,103 | 1,497,482 | 747,039 | 492,983 |
| Accruals and Deferred Income | -10,277 | -50,575 | 8,217 | -29,847 | 24,556 | 35,818 | -66,421 | 2,459 | 20,291 | -9,020 | 59,781 | 1,310 | 12,486 | 12,327 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,451,382 | -602,281 | -391,807 | 692,228 | -47,975 | -43,469 | -201,433 | -1,076,864 | 898,209 | 302,346 | 377,952 | ||||
| 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 | -42,625 | 42,625 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 223,994 | -722,079 | 947,015 | 28,665 | -33,903 | -16,735 | -3,545 | 82,648 | -59,000 | -28,500 | 0 | 0 | 113,885 | 0 | 0 |
| 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 | -50,709 | 50,709 | 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 | -78,989 | -179,430 | -62,885 | 321,304 | 377,717 |
| share issue | |||||||||||||||
| interest | -116 | -38 | -79 | -49 | -54 | -97 | -4,175 | -1,785 | 2 | 0 | 0 | 0 | 0 | ||
| cash flow from financing | -722,195 | 946,977 | 28,586 | -33,952 | -16,789 | -3,642 | -14,861 | 32,549 | -28,498 | -78,989 | -179,430 | 51,001 | 127,832 | ||
| cash and cash equivalents | |||||||||||||||
| cash | 998,133 | 729,187 | 332,246 | -363,221 | 658,276 | -64,764 | -47,110 | -216,295 | -1,044,317 | 869,711 | 229,578 | 133,636 | 203,910 | 195,008 | 3,080 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 998,133 | 729,187 | 332,246 | -363,221 | 658,276 | -64,764 | -47,110 | -216,295 | -1,044,317 | 869,711 | 229,578 | 133,636 | 203,910 | 195,008 | 3,080 |
direct fleet insurance services ltd Credit Report and Business Information
Direct Fleet Insurance Services Ltd Competitor Analysis
Perform a competitor analysis for direct fleet insurance services ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in OX18 area or any other competitors across 12 key performance metrics.
direct fleet insurance services ltd Ownership
DIRECT FLEET INSURANCE SERVICES LTD group structure
Direct Fleet Insurance Services Ltd has no subsidiary companies.
Ultimate parent company
DIRECT FLEET INSURANCE SERVICES LTD
05816268
direct fleet insurance services ltd directors
Direct Fleet Insurance Services Ltd currently has 1 director, Mr Andrew Wallace serving since May 2006.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Wallace | 68 years | May 2006 | - | Director |
P&L
December 2023turnover
36.1m
+17490%
operating profit
-137.5k
0%
gross margin
94.3%
-5.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
130.7k
-0.17%
total assets
11.8m
+0.41%
cash
2.6m
+0.62%
net assets
Total assets minus all liabilities
direct fleet insurance services ltd company details
company number
05816268
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
May 2006
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
the long barn the long barn, priory lane, burford, oxfordshire, OX18 4SG
Bank
HSBC BANK PLC
Legal Advisor
-
direct fleet 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 3 charges/mortgages relating to direct fleet insurance services ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
direct fleet 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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direct fleet insurance services ltd Companies House Filings - See Documents
| date | description | view/download |
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