verisk claims uk limited

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verisk claims uk limited Company Information

Share VERISK CLAIMS UK LIMITED

Company Number

06233602

Shareholders

verisk limited

Group Structure

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Industry

Other activities auxiliary to insurance and pension funding

 

Registered Address

22 bishopsgate, london, EC2N 4BQ

verisk claims uk limited Estimated Valuation

£9m

Pomanda estimates the enterprise value of VERISK CLAIMS UK LIMITED at £9m based on a Turnover of £11.5m and 0.78x industry multiple (adjusted for size and gross margin).

verisk claims uk limited Estimated Valuation

£15.5m

Pomanda estimates the enterprise value of VERISK CLAIMS UK LIMITED at £15.5m based on an EBITDA of £3.1m and a 5x industry multiple (adjusted for size and gross margin).

verisk claims uk limited Estimated Valuation

£39.6m

Pomanda estimates the enterprise value of VERISK CLAIMS UK LIMITED at £39.6m based on Net Assets of £19.2m and 2.06x industry multiple (adjusted for liquidity).

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Verisk Claims Uk Limited Overview

Verisk Claims Uk Limited is a live company located in london, EC2N 4BQ with a Companies House number of 06233602. It operates in the other activities auxiliary to insurance and pension funding sector, SIC Code 66290. Founded in May 2007, it's largest shareholder is verisk limited with a 100% stake. Verisk Claims Uk Limited is a established, mid sized company, Pomanda has estimated its turnover at £11.5m with healthy growth in recent years.

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Verisk Claims Uk Limited Health Check

Pomanda's financial health check has awarded Verisk Claims Uk Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

7 Strong

positive_score

0 Regular

positive_score

3 Weak

size

Size

annual sales of £11.5m, make it larger than the average company (£1.7m)

£11.5m - Verisk Claims Uk Limited

£1.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (7%)

11% - Verisk Claims Uk Limited

7% - Industry AVG

production

Production

with a gross margin of 57.3%, this company has a higher cost of product (100%)

57.3% - Verisk Claims Uk Limited

100% - Industry AVG

profitability

Profitability

an operating margin of 25.6% make it more profitable than the average company (10.4%)

25.6% - Verisk Claims Uk Limited

10.4% - Industry AVG

employees

Employees

with 183 employees, this is above the industry average (9)

183 - Verisk Claims Uk Limited

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.5k, the company has a lower pay structure (£59.8k)

£36.5k - Verisk Claims Uk Limited

£59.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £62.6k, this is less efficient (£124.2k)

£62.6k - Verisk Claims Uk Limited

£124.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 39 days, this is earlier than average (50 days)

39 days - Verisk Claims Uk Limited

50 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Verisk Claims Uk Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Verisk Claims Uk Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (42 weeks)

5 weeks - Verisk Claims Uk Limited

42 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 46.6%, this is a lower level of debt than the average (55.3%)

46.6% - Verisk Claims Uk Limited

55.3% - Industry AVG

VERISK CLAIMS UK LIMITED financials

EXPORTms excel logo

Verisk Claims Uk Limited's latest turnover from December 2023 is £11.5 million and the company has net assets of £19.2 million. According to their latest financial statements, Verisk Claims Uk Limited has 183 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover11,451,34810,595,3568,749,9448,325,47311,251,5317,290,9439,735,3827,181,3566,680,7447,199,1366,839,1916,558,4296,893,9562,597,4932,102,840
Other Income Or Grants
Cost Of Sales4,894,4813,938,2282,993,8122,719,4583,629,9292,181,7083,169,9242,697,6702,928,2932,618,7792,582,7082,346,5311,725,8421,761,7741,222,876
Gross Profit6,556,8676,657,1285,756,1325,606,0157,621,6025,109,2356,565,4584,483,6863,752,4514,580,3574,256,4834,211,8985,168,114835,719879,964
Admin Expenses3,630,3493,439,2672,895,4723,036,4873,885,3183,123,1764,655,7794,435,0564,395,3454,406,2003,739,6844,137,6814,406,638396,479266,430
Operating Profit2,926,5183,217,8612,860,6602,569,5283,736,2841,986,0591,909,67948,630-642,894174,157516,79974,217761,476439,240613,534
Interest Payable1,21011,70313,5985814412178,21214,34614,4251,637
Interest Receivable1,41421
Pre-Tax Profit2,926,5183,217,8612,860,6602,569,5283,736,2841,986,2631,897,97635,032-643,475173,716516,58266,005747,130424,816611,897
Tax-721,2202,357473,485-489,999-714,42731,833-252,05823,910154,74855,33735,480107,96943,778-110,452-171,331
Profit After Tax2,205,2983,220,2183,334,1452,079,5293,021,8572,018,0961,645,91858,942-488,727229,053552,062173,974790,908314,364440,566
Dividends Paid
Retained Profit2,205,2983,220,2183,334,1452,079,5293,021,8572,018,0961,645,91858,942-488,727229,053552,062173,974790,908314,364440,566
Employee Costs6,687,7375,556,3424,844,7174,757,5045,200,9453,542,3515,096,5944,549,6014,948,1304,094,6124,010,9984,290,2824,523,894592,671444,116
Number Of Employees1831791501731851781841631851691661551511410
EBITDA*3,108,1483,380,0062,966,5912,612,1473,843,7102,151,4332,199,732374,238-222,505643,9211,133,941859,8521,062,590702,602756,522

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets140,44496,361110,10697,81079,137115,808105,83745,27550,11566,53771,740149,552313,337470,721425,976
Intangible Assets659,289606,492585,516488,169334,176211,184277,162420,016577,946801,162826,518805,250916,894659,254193,212
Investments & Other30,0848,6094,57010010010010030,446100100100
Debtors (Due After 1 year)
Total Fixed Assets799,733702,853725,706594,588417,883326,992383,099465,391628,161867,799928,704954,9021,230,3311,130,075619,188
Stock & work in progress
Trade Debtors1,227,0591,570,0911,216,515926,888915,468982,298911,890771,941459,066586,103498,658496,505403,296830,951715,390
Group Debtors31,364,05027,774,44512,421,53723,776,85313,204,0152,618,1561,349,958626,529583,387365,242327,31548,112
Misc Debtors808,2151,300,4282,406,5351,136,208984,1141,241,6711,005,8511,065,837665,2941,039,371735,413556,043592,591
Cash1,781,624374,5271,166,7861,974,9533,145,9331,420,423999,51817438100127,446277,26460,033276349
misc current assets207,242183,33241,123
total current assets35,180,94831,019,49117,211,37327,814,90218,249,5306,262,5484,267,2172,671,7231,891,1172,031,9391,688,8321,329,8121,104,032831,227715,739
total assets35,980,68131,722,34417,937,07928,409,49018,667,4136,589,5404,650,3163,137,1142,519,2782,899,7382,617,5362,284,7142,334,3631,961,3021,334,927
Bank overdraft462,759111,98031,45416,761
Bank loan168,30050,382
Trade Creditors 8,647165,937223,367140,419130,872144,18194,970174,445126,90125,975
Group/Directors Accounts15,335,64913,737,0232,906,99716,927,8158,328,554
other short term finances
hp & lease commitments1,5683,2223,4602,1873,0322,83357,127
other current liabilities1,406,048959,881967,758753,4961,690,209939,549833,346478,173367,340354,122291,171336,940299,058461,989489,406
total current liabilities16,741,69714,696,9043,874,75517,681,31110,018,763949,7641,002,5051,167,759621,926519,480438,185431,910547,391757,190565,763
loans225,000225,173
hp & lease commitments4,0218941,5874,619
Accruals and Deferred Income
other liabilities7993,420225,17357,128249,880
provisions17,4469,20012,98344,8165,134113,103156,88168,718
total long term liabilities17,4469,20012,98345,6157,4418941,5874,619230,134338,276439,182318,598
total liabilities16,759,14314,706,1043,874,75517,681,31110,018,763962,7471,048,1201,175,200622,820521,067442,804662,044885,6671,196,372884,361
net assets19,221,53817,016,24014,062,32410,728,1798,648,6505,626,7933,602,1961,961,9141,896,4582,378,6712,174,7321,622,6701,448,696764,930450,566
total shareholders funds19,221,53817,016,24014,062,32410,728,1798,648,6505,626,7933,602,1961,961,9141,896,4582,378,6712,174,7321,622,6701,448,696764,930450,566
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit2,926,5183,217,8612,860,6602,569,5283,736,2841,986,0591,909,67948,630-642,894174,157516,79974,217761,476439,240613,534
Depreciation56,93250,17441,81121,01455,6069,84742,31136,44839,97845,80196,303169,719206,475190,207120,315
Amortisation124,698111,97164,12021,60551,820155,527247,742289,160380,411423,963520,839615,91694,63973,15522,673
Tax-721,2202,357473,485-489,999-714,42731,833-252,05823,910154,74855,33735,480107,96943,778-110,452-171,331
Stock
Debtors2,754,36014,600,377-9,795,36210,736,35210,261,4722,377,818803,392756,560-282,969429,330508,8388,549213,048115,561715,390
Creditors-8,647-214,720-57,43082,9489,547-13,30949,211-79,47547,544100,92625,975
Accruals and Deferred Income446,167-7,877214,262-936,713750,660461,376355,173110,83313,21862,951-45,76937,882-162,931-27,417489,406
Deferred Taxes & Provisions8,2469,200-12,98312,98344,816-5,134-107,969-43,77888,16368,718
Cash flow from operations86,981-11,216,69113,449,700-9,550,917-6,403,15965,0871,486,841-164,631237,977319,570658,891809,710734,155638,261453,900
Investing Activities
capital expenditure-278,510-169,376-215,574-215,285-193,747-27,075-207,881-151,788-178,821-439,205-551,701-510,206-401,370-774,149-762,176
Change in Investments-30,08421,4754,0394,570-100-30,34630,346100
cash flow from investments-278,510-139,292-237,049-219,324-198,317-26,975-207,881-151,788-178,821-408,859-582,047-510,206-401,370-774,249-762,176
Financing Activities
Bank loans-168,300117,91850,382
Group/Directors Accounts1,598,62610,830,026-14,020,8188,599,2618,328,554
Other Short Term Loans
Long term loans-225,000225,000-225,173225,173
Hire Purchase and Lease Commitments-1,568-5,913-4,2594,400-1,538-2,8337,452-57,12757,127
other long term liabilities-3,420-2,6213,420-225,173168,045-192,752249,880
share issue-266,3021,646,783-5,6366,5146,514-25,114-107,14210,000
interest204-11,703-13,598-581-441-217-8,212-14,346-14,423-1,636
cash flow from financing1,598,62610,563,724-14,020,8188,599,2618,326,9861,637,654-24,2197364,395-28,388-217,765-65,512-289,789135,916308,626
cash and cash equivalents
cash1,407,097-792,259-808,167-1,170,9801,725,5101,420,249999,344136-62-127,346-149,818217,23159,757-73349
overdraft-462,759-462,759350,77980,52631,454-16,76116,761
change in cash1,407,097-792,259-808,167-1,170,9801,725,5101,883,0081,462,103-350,643-80,588-158,800-149,818233,99242,996-73349

verisk claims uk 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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Verisk Claims Uk Limited Competitor Analysis

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Perform a competitor analysis for verisk claims uk limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in EC2N area or any other competitors across 12 key performance metrics.

verisk claims uk limited Ownership

VERISK CLAIMS UK LIMITED group structure

Verisk Claims Uk Limited has 1 subsidiary company.

Ultimate parent company

VERISK ANALYTICS INC

#0017733

2 parents

VERISK CLAIMS UK LIMITED

06233602

1 subsidiary

VERISK CLAIMS UK LIMITED Shareholders

verisk limited 100%

verisk claims uk limited directors

Verisk Claims Uk Limited currently has 2 directors. The longest serving directors include Mr Chris Sawford (Aug 2020) and Mr Thomas Wong (Apr 2021).

officercountryagestartendrole
Mr Chris SawfordEngland41 years Aug 2020- Director
Mr Thomas WongEngland47 years Apr 2021- Director

P&L

December 2023

turnover

11.5m

+8%

operating profit

2.9m

-9%

gross margin

57.3%

-8.87%

turnover

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

Balance Sheet

December 2023

net assets

19.2m

+0.13%

total assets

36m

+0.13%

cash

1.8m

+3.76%

net assets

Total assets minus all liabilities

verisk claims uk limited company details

company number

06233602

Type

Private limited with Share Capital

industry

66290 - Other activities auxiliary to insurance and pension funding

incorporation date

May 2007

age

18

incorporated

UK

ultimate parent company

VERISK ANALYTICS INC

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

validus-ivc ltd (November 2020)

accountant

-

auditor

-

address

22 bishopsgate, london, EC2N 4BQ

Bank

HSBC BANK PLC

Legal Advisor

DICKSON MINTO WS

verisk claims uk 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 did not find charges/mortgages relating to verisk claims uk limited.

verisk claims uk 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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verisk claims uk limited Companies House Filings - See Documents

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