catalina worthing insurance limited
catalina worthing insurance limited Company Information
Company Number
05965916
Next Accounts
Sep 2025
Shareholders
catalina holdings uk limited
Group Structure
View All
Industry
Non-life insurance
Registered Address
second floor, units b-c, downlands business park, worthing, BN14 9RX
Website
http://hfpinsurance.comcatalina worthing insurance limited Estimated Valuation
Pomanda estimates the enterprise value of CATALINA WORTHING INSURANCE LIMITED at £23.5k based on a Turnover of £41k and 0.57x industry multiple (adjusted for size and gross margin).
catalina worthing insurance limited Estimated Valuation
Pomanda estimates the enterprise value of CATALINA WORTHING INSURANCE LIMITED at £0 based on an EBITDA of £-20.3m and a 6.31x industry multiple (adjusted for size and gross margin).
catalina worthing insurance limited Estimated Valuation
Pomanda estimates the enterprise value of CATALINA WORTHING INSURANCE LIMITED at £293.9m based on Net Assets of £179.4m and 1.64x industry multiple (adjusted for liquidity).
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Catalina Worthing Insurance Limited Overview
Catalina Worthing Insurance Limited is a live company located in worthing, BN14 9RX with a Companies House number of 05965916. It operates in the non-life insurance sector, SIC Code 65120. Founded in October 2006, it's largest shareholder is catalina holdings uk limited with a 100% stake. Catalina Worthing Insurance Limited is a established, micro sized company, Pomanda has estimated its turnover at £41k with unknown growth in recent years.
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Catalina Worthing Insurance Limited Health Check
Pomanda's financial health check has awarded Catalina Worthing Insurance Limited a 2 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
1 Strong
3 Regular
5 Weak
Size
annual sales of £41k, make it smaller than the average company (£2.1m)
£41k - Catalina Worthing Insurance Limited
£2.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Catalina Worthing Insurance Limited
- - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
100% - Catalina Worthing Insurance Limited
100% - Industry AVG
Profitability
an operating margin of -49436.3% make it less profitable than the average company (17.5%)
-49436.3% - Catalina Worthing Insurance Limited
17.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (26)
- Catalina Worthing Insurance Limited
26 - Industry AVG
Pay Structure
on an average salary of £65.3k, the company has an equivalent pay structure (£65.3k)
- Catalina Worthing Insurance Limited
£65.3k - Industry AVG
Efficiency
resulting in sales per employee of £41k, this is less efficient (£163.8k)
- Catalina Worthing Insurance Limited
£163.8k - Industry AVG
Debtor Days
it gets paid by customers after 191135 days, this is later than average (216 days)
191135 days - Catalina Worthing Insurance Limited
216 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Catalina Worthing Insurance Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Catalina Worthing Insurance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 51 weeks, this is more cash available to meet short term requirements (18 weeks)
51 weeks - Catalina Worthing Insurance Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.5%, this is a similar level of debt than the average (81.4%)
74.5% - Catalina Worthing Insurance Limited
81.4% - Industry AVG
CATALINA WORTHING INSURANCE LIMITED financials
Catalina Worthing Insurance Limited's latest turnover from December 2023 is £41 thousand and the company has net assets of £179.4 million. According to their latest financial statements, we estimate that Catalina Worthing Insurance Limited has 1 employee and maintains cash reserves of £12.3 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 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 41,000 | 23,000 | 66,749,000 | -6,000 | -434,000 | -26,935,000 | -34,000 | -12,401,000 | 2,545,000 | 2,544,000 | 2,439,000 | ||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -20,027,000 | -7,858,000 | 114,000 | 1,796,000 | -222,000 | -4,655,000 | -36,751,000 | 15,368,000 | -29,062,000 | 784,000 | -1,837,000 | 632,000 | 320,000 | 1,000 | |
| Tax | 427,000 | 1,684,000 | 6,650,000 | 47,000 | 838,000 | -8,577,000 | -3,322,000 | 11,899,000 | -2,000 | 226,000 | -177,000 | -101,000 | -30,000 | ||
| Profit After Tax | -19,600,000 | -6,174,000 | 6,764,000 | 1,796,000 | -175,000 | -3,817,000 | -45,328,000 | 12,046,000 | -17,163,000 | 782,000 | -1,611,000 | 455,000 | 219,000 | -29,000 | |
| Dividends Paid | |||||||||||||||
| Retained Profit | -19,600,000 | -6,174,000 | 6,764,000 | 1,796,000 | -175,000 | -3,817,000 | -45,328,000 | 12,046,000 | -17,163,000 | 782,000 | -1,611,000 | 455,000 | 219,000 | -29,000 | |
| Employee Costs | 16,000 | 121,000 | 804,000 | 1,546,000 | 1,463,000 | ||||||||||
| Number Of Employees | 7 | 7 | 7 | ||||||||||||
| 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 | 624,862,000 | 679,528,000 | 462,520,000 | 514,435,000 | 546,647,000 | 600,167,000 | 701,352,000 | 748,546,000 | 663,149,000 | 42,655,000 | 53,633,000 | 59,288,000 | 36,413,000 | 27,126,000 | |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 624,862,000 | 679,528,000 | 462,520,000 | 514,435,000 | 546,647,000 | 600,167,000 | 701,352,000 | 748,546,000 | 663,149,000 | 42,655,000 | 53,633,000 | 59,288,000 | 36,413,000 | 27,126,000 | |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 21,470,000 | 21,892,000 | 20,684,000 | 17,098,000 | 16,018,000 | 23,913,000 | 8,646,000 | 12,826,000 | 20,324,000 | 36,000 | 3,628,000 | 4,090,000 | 5,501,000 | ||
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 12,311,000 | 20,717,000 | 14,782,000 | 9,458,000 | 14,438,000 | 11,036,000 | 31,233,000 | 4,063,000 | 6,410,000 | 3,700,000 | 6,303,000 | 11,793,000 | 19,072,000 | 5,770,000 | |
| misc current assets | 2,550,000 | 2,898,000 | 745,000 | 1,447,000 | 712,000 | 788,000 | 1,319,000 | 5,155,000 | 5,116,000 | 177,000 | 209,000 | 249,000 | 117,000 | 93,000 | |
| total current assets | 78,502,000 | 66,877,000 | 55,450,000 | 47,479,000 | 54,845,000 | 62,291,000 | 71,841,000 | 22,185,000 | 31,988,000 | 3,909,000 | 6,728,000 | 15,799,000 | 23,378,000 | 11,774,000 | |
| total assets | 703,364,000 | 746,405,000 | 517,970,000 | 561,914,000 | 601,492,000 | 662,458,000 | 773,193,000 | 770,731,000 | 695,137,000 | 46,564,000 | 60,361,000 | 75,087,000 | 59,791,000 | 38,900,000 | |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 10,051,000 | 8,533,000 | 8,719,000 | 7,585,000 | 6,401,000 | 11,630,000 | 5,264,000 | 1,091,000 | 3,168,000 | 36,000 | 1,575,000 | 2,102,000 | 3,036,000 | ||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 1,932,000 | 1,590,000 | 19,000 | 658,000 | 67,000 | ||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 12,447,000 | 11,141,000 | 9,040,000 | 8,578,000 | 7,542,000 | 12,461,000 | 8,060,000 | 2,415,000 | 4,748,000 | 566,000 | 313,000 | 5,029,000 | 5,794,000 | 6,360,000 | |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 511,495,000 | 536,242,000 | 376,974,000 | 428,144,000 | 470,554,000 | 526,426,000 | 582,745,000 | 540,600,000 | 479,719,000 | 20,886,000 | 23,230,000 | 46,743,000 | 31,137,000 | 22,499,000 | |
| total liabilities | 523,942,000 | 547,383,000 | 386,014,000 | 436,722,000 | 478,096,000 | 538,887,000 | 590,805,000 | 543,015,000 | 484,467,000 | 21,452,000 | 23,543,000 | 51,772,000 | 36,931,000 | 28,859,000 | |
| net assets | 179,422,000 | 199,022,000 | 131,956,000 | 125,192,000 | 123,396,000 | 123,571,000 | 182,388,000 | 227,716,000 | 210,670,000 | 25,112,000 | 36,818,000 | 23,315,000 | 22,860,000 | 10,041,000 | |
| total shareholders funds | 179,422,000 | 199,022,000 | 131,956,000 | 125,192,000 | 123,396,000 | 123,571,000 | 182,388,000 | 227,716,000 | 210,670,000 | 25,112,000 | 36,818,000 | 23,315,000 | 22,860,000 | 10,041,000 |
| 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 | 150,000 | 194,000 | 230,000 | ||||||||||||
| Amortisation | |||||||||||||||
| Tax | 427,000 | 1,684,000 | 6,650,000 | 47,000 | 838,000 | -8,577,000 | -3,322,000 | 11,899,000 | -2,000 | 226,000 | -177,000 | -101,000 | -30,000 | ||
| Stock | |||||||||||||||
| Debtors | -422,000 | 1,208,000 | 3,586,000 | 1,080,000 | -7,895,000 | 15,267,000 | -4,180,000 | -7,498,000 | 20,324,000 | -36,000 | 36,000 | -3,628,000 | -462,000 | -1,411,000 | 5,501,000 |
| Creditors | 1,518,000 | -186,000 | 1,134,000 | 1,184,000 | -5,229,000 | 6,366,000 | 4,173,000 | -2,077,000 | 3,168,000 | -36,000 | 36,000 | -1,575,000 | -527,000 | -934,000 | 3,036,000 |
| Accruals and Deferred Income | |||||||||||||||
| 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 | 342,000 | 1,571,000 | -639,000 | 658,000 | -67,000 | 67,000 | |||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -8,406,000 | 5,935,000 | 5,324,000 | -4,980,000 | 3,402,000 | -20,197,000 | 27,170,000 | -2,347,000 | 2,710,000 | -2,603,000 | 6,303,000 | -11,793,000 | -7,279,000 | 13,302,000 | 5,770,000 |
| overdraft | |||||||||||||||
| change in cash | -8,406,000 | 5,935,000 | 5,324,000 | -4,980,000 | 3,402,000 | -20,197,000 | 27,170,000 | -2,347,000 | 2,710,000 | -2,603,000 | 6,303,000 | -11,793,000 | -7,279,000 | 13,302,000 | 5,770,000 |
catalina worthing insurance limited Credit Report and Business Information
Catalina Worthing Insurance Limited Competitor Analysis
Perform a competitor analysis for catalina worthing insurance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BN14 area or any other competitors across 12 key performance metrics.
catalina worthing insurance limited Ownership
CATALINA WORTHING INSURANCE LIMITED group structure
Catalina Worthing Insurance Limited has no subsidiary companies.
Ultimate parent company
CATALINA GENERAL INSURANCE LTD
#0145768
2 parents
CATALINA WORTHING INSURANCE LIMITED
05965916
catalina worthing insurance limited directors
Catalina Worthing Insurance Limited currently has 7 directors. The longest serving directors include Mr Graeme McAndrew (Aug 2018) and Dr Walter Gontarek (Aug 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graeme McAndrew | England | 56 years | Aug 2018 | - | Director |
| Dr Walter Gontarek | United Kingdom | 62 years | Aug 2019 | - | Director |
| Mr Anthony Mason | 70 years | Dec 2020 | - | Director | |
| Ms Penelope Shaw | United Kingdom | 49 years | Jan 2021 | - | Director |
| Mr Andrew Diaz-Matos | England | 54 years | Sep 2022 | - | Director |
| Mr Gregg Jarvis | England | 39 years | Dec 2022 | - | Director |
| Mr Darren Rowswell | England | 51 years | Dec 2024 | - | Director |
P&L
December 2023turnover
41k
+78%
operating profit
-20.3m
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
179.4m
-0.1%
total assets
703.4m
-0.06%
cash
12.3m
-0.41%
net assets
Total assets minus all liabilities
catalina worthing insurance limited company details
company number
05965916
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
October 2006
age
19
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
hartford financial products international limited (June 2017)
treebay limited (November 2006)
accountant
-
auditor
DELOITTE LLP
address
second floor, units b-c, downlands business park, worthing, BN14 9RX
Bank
BARCLAYS BANK PLC
Legal Advisor
-
catalina worthing insurance 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 catalina worthing insurance limited. Currently there are 1 open charges and 1 have been satisfied in the past.
catalina worthing insurance 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.
Click to start generating capital raising & share issue transactions for CATALINA WORTHING INSURANCE LIMITED. This can take several minutes, an email will notify you when this has completed.
catalina worthing insurance limited Companies House Filings - See Documents
| date | description | view/download |
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