Pomanda estimates the enterprise value of FRONTRUNNER INSURANCE SERVICES LTD at £374.9k based on a Turnover of £571.8k and 0.66x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FRONTRUNNER INSURANCE SERVICES LTD at £0 based on an EBITDA of £-76.2k and a 7.79x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FRONTRUNNER INSURANCE SERVICES LTD at £197.2k based on Net Assets of £124.5k and 1.58x industry multiple (adjusted for liquidity).
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Frontrunner Insurance Services LtdOverview
Frontrunner Insurance Services Ltd is a live company located in london, N15 6BD with a Companies House number of 05845968. It operates in the non-life insurance sector, SIC Code 65120. Founded in June 2006, it's largest shareholder is
joseph feld
with a 80% stake. Frontrunner Insurance Services Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£571.8k with
low
growth in recent years.
Pomanda's financial health check has awarded Frontrunner Insurance Services Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
1 Strong
5 Regular
5 Weak
Size
annual sales of £571.8k, make it smaller than the average company (£1.9m)
£571.8k - Frontrunner Insurance Services Ltd
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (9.8%)
2% - Frontrunner Insurance Services Ltd
9.8% - Industry AVG
Production
with a gross margin of 99.8%, this company has a comparable cost of product (99.8%)
99.8% - Frontrunner Insurance Services Ltd
99.8% - Industry AVG
Profitability
an operating margin of -13.3% make it less profitable than the average company (14.5%)
-13.3% - Frontrunner Insurance Services Ltd
14.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (22)
3 - Frontrunner Insurance Services Ltd
22 - Industry AVG
Pay Structure
on an average salary of £102.1k, the company has an equivalent pay structure (£102.1k)
£102.1k - Frontrunner Insurance Services Ltd
£102.1k - Industry AVG
Efficiency
resulting in sales per employee of £190.6k, this is equally as efficient (£199.8k)
£190.6k - Frontrunner Insurance Services Ltd
£199.8k - Industry AVG
Debtor Days
it gets paid by customers after 180 days, this is near the average (172 days)
180 days - Frontrunner Insurance Services Ltd
172 days - Industry AVG
Creditor Days
its suppliers are paid after 64264 days, this is slower than average (470 days)
64264 days - Frontrunner Insurance Services Ltd
470 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Frontrunner Insurance Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (20 weeks)
1 weeks - Frontrunner Insurance Services Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.9%, this is a similar level of debt than the average (77.9%)
83.9% - Frontrunner Insurance Services Ltd
77.9% - Industry AVG
FRONTRUNNER INSURANCE SERVICES LTD financials
EXPORT
Frontrunner Insurance Services Ltd's latest turnover from June 2024 is estimated at £571.8 thousand and the company has net assets of £124.5 thousand. According to their latest financial statements, Frontrunner Insurance Services Ltd has 3 employees and maintains cash reserves of £19.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
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
571,832
556,098
511,520
538,590
464,344
506,296
711,614
497,255
307,400
523,957
226,668
140,238
89,940
121,372
131,442
Other Income Or Grants
Cost Of Sales
1,284
1,768
42
331
2,079
8,787
39,826
114,298
21,643
12,069
16,895
13,789
Gross Profit
570,547
554,331
511,520
538,548
464,344
506,296
711,283
495,176
298,613
484,130
112,370
118,594
77,872
104,478
117,654
Admin Expenses
646,791
599,349
526,539
554,883
496,948
500,019
645,771
440,738
261,966
382,799
65,507
66,184
66,822
98,361
110,405
Operating Profit
-76,244
-45,018
-15,019
-16,335
-32,604
6,277
65,512
54,438
36,647
101,331
46,863
52,410
11,050
6,117
7,249
Interest Payable
5,149
5,130
3,520
1,513
Interest Receivable
1,976
2,349
551
38
18
99
165
96
245
441
489
384
234
203
129
Pre-Tax Profit
-79,417
-47,799
-17,988
-17,810
-32,586
6,375
65,677
54,535
36,893
101,773
47,352
52,794
11,284
6,320
7,378
Tax
-1,211
-12,479
-10,362
-7,378
-20,354
-9,944
-12,143
-2,708
-1,643
-2,066
Profit After Tax
-79,417
-47,799
-17,988
-17,810
-32,586
5,164
53,198
44,173
29,514
81,418
37,408
40,651
8,576
4,677
5,312
Dividends Paid
Retained Profit
-79,417
-47,799
-17,988
-17,810
-32,586
5,164
53,198
44,173
29,514
81,418
37,408
40,651
8,576
4,677
5,312
Employee Costs
306,254
603,859
393,064
365,999
264,183
239,786
514,175
311,973
224,312
263,962
156,997
75,403
71,626
68,351
66,483
Number Of Employees
3
6
5
5
3
3
6
4
3
4
2
1
1
1
1
EBITDA*
-76,244
-45,018
-15,019
-16,335
-32,604
6,277
65,512
54,438
36,647
101,331
46,863
52,410
11,050
6,117
7,249
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
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
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
282,001
173,902
241,968
304,069
284,869
323,707
382,863
275,626
185,070
275,967
120,393
80,636
49,772
65,882
65,050
Group Debtors
Misc Debtors
471,684
464,072
381,141
274,900
362,237
350,711
360,074
246,558
201,928
Cash
19,494
55,775
38,190
50,000
26,362
9,962
16,345
49,613
27,557
70,582
105,851
89,812
63,786
29,874
51,446
misc current assets
17,562
total current assets
773,179
711,311
661,299
628,969
673,468
684,380
759,282
571,797
414,555
346,549
226,244
170,448
113,558
95,756
116,496
total assets
773,179
711,311
661,299
628,969
673,468
684,380
759,282
571,797
414,555
346,549
226,244
170,448
113,558
95,756
116,496
Bank overdraft
45,765
45,765
47,511
49,602
Bank loan
Trade Creditors
226,137
259,891
218,092
316,595
295,420
351,261
280,830
174,271
158,507
119,620
101,232
84,993
75,767
99,213
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
376,786
461,638
102,190
91,580
69,368
68,869
93,094
29,238
22,728
total current liabilities
648,688
507,403
409,592
359,274
385,963
364,289
444,355
310,068
196,999
158,507
119,620
101,232
84,993
75,767
99,213
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,971
provisions
total long term liabilities
1,971
total liabilities
648,688
507,403
409,592
359,274
385,963
364,289
444,355
310,068
196,999
158,507
119,620
101,232
84,993
75,767
101,184
net assets
124,491
203,908
251,707
269,695
287,505
320,091
314,927
261,729
217,556
188,042
106,624
69,216
28,565
19,989
15,312
total shareholders funds
124,491
203,908
251,707
269,695
287,505
320,091
314,927
261,729
217,556
188,042
106,624
69,216
28,565
19,989
15,312
Jun 2024
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
-76,244
-45,018
-15,019
-16,335
-32,604
6,277
65,512
54,438
36,647
101,331
46,863
52,410
11,050
6,117
7,249
Depreciation
Amortisation
Tax
-1,211
-12,479
-10,362
-7,378
-20,354
-9,944
-12,143
-2,708
-1,643
-2,066
Stock
Debtors
115,711
14,865
44,140
-68,137
-27,312
-68,519
220,753
135,186
111,031
155,574
39,757
30,864
-16,110
832
65,050
Creditors
226,137
-259,891
41,799
-98,503
21,175
-55,841
70,431
106,559
15,764
38,887
18,388
16,239
9,226
-23,446
99,213
Accruals and Deferred Income
-84,852
359,448
10,610
22,212
499
-24,225
63,856
6,510
22,728
Deferred Taxes & Provisions
Cash flow from operations
-50,670
39,674
-6,750
-24,489
16,382
-6,481
-33,433
21,959
-43,270
-35,710
15,550
25,642
33,678
-19,804
39,346
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
Hire Purchase and Lease Commitments
other long term liabilities
-1,971
1,971
share issue
10,000
interest
-3,173
-2,781
-2,969
-1,475
18
99
165
96
245
441
489
384
234
203
129
cash flow from financing
-3,173
-2,781
-2,969
-1,475
18
99
165
96
245
441
489
384
234
-1,768
12,100
cash and cash equivalents
cash
-36,281
17,585
-11,810
23,638
16,400
-6,383
-33,268
22,056
-43,025
-35,269
16,039
26,026
33,912
-21,572
51,446
overdraft
-1,746
-2,091
49,602
change in cash
-36,281
19,331
-9,719
-25,964
16,400
-6,383
-33,268
22,056
-43,025
-35,269
16,039
26,026
33,912
-21,572
51,446
frontrunner insurance services ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for frontrunner insurance services ltd. Get real-time insights into frontrunner insurance services ltd's credit score, group structure and payment trends.
Perform a competitor analysis for frontrunner insurance services ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in N15 area or any other competitors across 12 key performance metrics.
frontrunner insurance services ltd Ownership
FRONTRUNNER INSURANCE SERVICES LTD group structure
Frontrunner Insurance Services Ltd has no subsidiary companies.
Ultimate parent company
FRONTRUNNER INSURANCE SERVICES LTD
05845968
FRONTRUNNER INSURANCE SERVICES LTD Shareholders
The largest shareholders in Frontrunner Insurance Services Ltd include Joseph Feld and Miriam Feld.
joseph feld
80%
miriam feld
20%
frontrunner insurance services ltd directors
Frontrunner Insurance Services Ltd currently has 1 director, Mr Joseph Feld serving since Jul 2006.
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 frontrunner insurance services ltd.
frontrunner 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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frontrunner insurance services ltdCompanies House Filings - See Documents
