Pomanda estimates the enterprise value of SEIB INSURANCE BROKERS LIMITED at £9.5m based on a Turnover of £13.8m and 0.68x industry multiple (adjusted for size and gross margin).
seib insurance brokers limitedEstimated Valuation
£23.1m
Pomanda estimates the enterprise value of SEIB INSURANCE BROKERS LIMITED at £23.1m based on an EBITDA of £3.1m and a 7.54x industry multiple (adjusted for size and gross margin).
seib insurance brokers limitedEstimated Valuation
£24.3m
Pomanda estimates the enterprise value of SEIB INSURANCE BROKERS LIMITED at £24.3m based on Net Assets of £14.8m and 1.64x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Seib Insurance Brokers LimitedOverview
Seib Insurance Brokers Limited is a live company located in gloucester, GL3 4AW with a Companies House number of 06317314. It operates in the non-life insurance sector, SIC Code 65120. Founded in July 2007, it's largest shareholder is
south essex insurance holdings ltd
with a 100% stake. Seib Insurance Brokers Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£13.8m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Seib Insurance Brokers Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
3 Regular
2 Weak
Size
annual sales of £13.8m, make it larger than the average company (£2.1m)
£13.8m - Seib Insurance Brokers Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8.7%)
9% - Seib Insurance Brokers Limited
8.7% - Industry AVG
Production
with a gross margin of 77.9%, this company has a higher cost of product (100%)
77.9% - Seib Insurance Brokers Limited
100% - Industry AVG
Profitability
an operating margin of 19% make it as profitable than the average company (17.5%)
19% - Seib Insurance Brokers Limited
17.5% - Industry AVG
Employees
with 134 employees, this is above the industry average (26)
134 - Seib Insurance Brokers Limited
26 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has a lower pay structure (£65.3k)
£49.5k - Seib Insurance Brokers Limited
£65.3k - Industry AVG
Efficiency
resulting in sales per employee of £103.1k, this is less efficient (£163.8k)
£103.1k - Seib Insurance Brokers Limited
£163.8k - Industry AVG
Debtor Days
it gets paid by customers after 227 days, this is near the average (216 days)
227 days - Seib Insurance Brokers Limited
216 days - Industry AVG
Creditor Days
its suppliers are paid after 923 days, this is slower than average (293 days)
923 days - Seib Insurance Brokers Limited
293 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Seib Insurance Brokers Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 45 weeks, this is more cash available to meet short term requirements (18 weeks)
45 weeks - Seib Insurance Brokers Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.3%, this is a lower level of debt than the average (81.5%)
44.3% - Seib Insurance Brokers Limited
81.5% - Industry AVG
SEIB INSURANCE BROKERS LIMITED financials
EXPORT
Seib Insurance Brokers Limited's latest turnover from December 2023 is £13.8 million and the company has net assets of £14.8 million. According to their latest financial statements, Seib Insurance Brokers Limited has 134 employees and maintains cash reserves of £9.4 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
13,809,642
12,403,152
12,234,489
10,713,500
10,042,539
9,704,545
9,168,868
8,913,510
8,655,601
9,172,918
7,299,143
7,175,507
6,628,584
6,208,052
6,100,854
Other Income Or Grants
Cost Of Sales
3,054,615
3,282,495
2,982,295
2,479,985
2,654,943
2,491,977
2,708,348
3,130,734
4,227,214
4,946,828
4,065,294
4,175,899
3,849,731
3,575,242
Gross Profit
10,755,027
9,120,657
9,252,194
8,233,515
7,387,596
7,212,568
6,460,520
5,782,776
4,428,387
4,226,090
3,233,849
2,999,608
2,778,853
2,632,810
Admin Expenses
8,130,946
7,145,943
6,875,503
6,117,802
5,661,576
5,483,487
4,716,176
4,008,343
2,731,903
1,760,140
1,372,367
1,117,168
1,223,195
1,304,246
-347,488
Operating Profit
2,624,081
1,974,714
2,376,691
2,115,713
1,726,020
1,729,081
1,744,344
1,774,433
1,696,484
2,465,950
1,861,482
1,882,440
1,555,658
1,328,564
347,488
Interest Payable
76,876
105,987
95,025
70,238
70,387
72,480
82,710
84,106
Interest Receivable
1,080,868
831,927
1,013,900
800,947
832,535
803,396
754,147
693,659
648,616
656,741
665,160
694,227
668,426
654,730
630,807
Pre-Tax Profit
3,704,949
2,806,641
3,140,388
2,916,660
2,558,555
2,532,477
2,498,491
2,391,216
2,239,113
3,027,666
2,456,404
2,506,280
2,151,604
1,936,609
894,189
Tax
-1,157,664
-554,830
-599,035
-46,252
-492,989
-489,013
-491,330
-497,224
-487,158
-633,823
-592,000
-623,281
-595,930
-556,080
-267,514
Profit After Tax
2,547,285
2,251,811
2,541,353
2,870,408
2,065,566
2,043,464
2,007,161
1,893,992
1,751,955
2,393,843
1,864,404
1,882,999
1,555,674
1,380,529
626,675
Dividends Paid
1,700,000
4,500,000
2,500,000
1,000,000
1,250,000
1,500,000
1,500,000
1,000,000
2
500,001
1,000,002
1,000,001
500,002
Retained Profit
847,285
-2,248,189
41,353
1,870,408
815,566
543,464
507,161
893,992
1,751,955
2,393,843
1,864,402
1,382,998
555,672
380,528
126,673
Employee Costs
6,627,789
5,968,312
5,599,375
5,046,811
4,729,203
4,457,246
4,262,976
4,108,269
3,809,796
3,270,521
2,661,642
2,502,227
2,323,542
2,491,969
2,277,550
Number Of Employees
134
133
130
117
112
99
90
88
86
78
62
64
61
61
62
EBITDA*
3,061,857
2,523,536
2,932,916
2,646,910
2,192,970
2,001,023
2,015,534
2,003,296
1,954,392
2,723,858
2,003,351
2,044,749
1,639,412
1,412,318
431,620
* 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
390,360
487,320
1,955,229
2,293,450
2,259,503
544,199
498,542
398,781
283,209
263,296
151,305
225,223
233,110
428,960
622,820
Intangible Assets
6,823,727
7,117,904
6,028,926
6,262,958
5,139,565
5,317,041
5,176,644
5,332,606
5,539,238
5,732,846
333,625
404,355
482,742
561,129
589,869
Investments & Other
1,168
251,371
1,168
1,168
1,168
1,168
1,168
1,168
4,139
44,139
44,139
44,139
94,563
Debtors (Due After 1 year)
59,818
61,838
93,030
61,453
50,588
Total Fixed Assets
7,155,437
7,544,554
7,891,125
8,494,955
7,348,480
5,861,240
5,675,186
5,731,387
5,822,447
5,996,142
484,930
629,578
715,852
990,089
1,212,689
Stock & work in progress
Trade Debtors
8,601,040
8,746,017
8,076,704
6,548,592
6,509,106
6,234,395
6,200,109
5,823,486
5,081,114
5,100,133
5,084,499
5,040,811
5,304,441
5,061,019
5,021,522
Group Debtors
972,829
487,499
112
Misc Debtors
453,667
236,198
853,088
910,578
245,710
274,666
145,470
136,842
77,734
92,188
70,233
28,757
42,360
54,823
74,890
Cash
9,442,856
8,842,176
9,791,658
9,089,981
8,149,664
7,299,440
7,689,647
6,906,311
5,535,717
5,371,139
5,067,088
4,109,835
2,249,455
2,306,628
3,873,519
misc current assets
total current assets
19,470,392
17,824,391
18,721,450
16,549,151
14,904,480
13,808,501
14,035,226
12,866,639
11,182,064
10,563,460
10,221,820
9,179,403
7,596,256
7,422,582
8,969,931
total assets
26,625,829
25,368,945
26,612,575
25,044,106
22,252,960
19,669,741
19,710,412
18,598,026
17,004,511
16,559,602
10,706,750
9,808,981
8,312,108
8,412,671
10,182,620
Bank overdraft
Bank loan
Trade Creditors
7,725,227
8,001,744
7,243,140
4,828,808
4,702,033
4,398,772
5,053,498
4,535,640
3,971,538
3,073,337
1,776,232
1,281,503
1,489,015
1,432,550
1,796,326
Group/Directors Accounts
1,500,000
other short term finances
100
hp & lease commitments
261,699
272,332
268,332
276,964
117,126
other current liabilities
2,721,155
1,891,690
1,593,869
1,926,096
1,015,007
1,165,260
1,090,833
1,011,892
884,044
1,589,291
924,416
2,385,680
767,731
1,480,433
1,280,636
total current liabilities
10,708,081
10,165,766
9,105,341
7,031,868
5,834,166
5,564,032
6,144,331
5,547,532
4,855,582
6,162,628
2,700,648
3,667,283
2,256,746
2,912,983
3,076,962
loans
1,619,164
1,884,596
2,060,952
2,290,674
2,844,602
100
100
100
hp & lease commitments
809,582
942,298
1,030,476
1,145,337
1,422,301
Accruals and Deferred Income
other liabilities
1,986,499
provisions
526,102
526,102
461,478
326,232
326,232
175,796
31,998
15,146
total long term liabilities
1,072,633
1,205,349
1,261,215
1,308,453
1,585,417
87,898
15,999
7,573
100
100
1,986,599
total liabilities
11,780,714
11,371,115
10,366,556
8,340,321
7,419,583
5,651,930
6,160,330
5,555,105
4,855,582
6,162,628
2,700,648
3,667,283
2,256,846
2,913,083
5,063,561
net assets
14,845,115
13,997,830
16,246,019
16,703,785
14,833,377
14,017,811
13,550,082
13,042,921
12,148,929
10,396,974
8,006,102
6,141,698
6,055,262
5,499,588
5,119,059
total shareholders funds
14,845,115
13,997,830
16,246,019
16,703,785
14,833,377
14,017,811
13,550,082
13,042,921
12,148,929
10,396,974
8,006,102
6,141,698
6,055,262
5,499,588
5,119,059
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
2,624,081
1,974,714
2,376,691
2,115,713
1,726,020
1,729,081
1,744,344
1,774,433
1,696,484
2,465,950
1,861,482
1,882,440
1,555,658
1,328,564
347,488
Depreciation
322,476
341,786
322,193
322,956
304,974
142,390
115,228
99,311
99,415
99,415
71,139
83,922
55,014
55,014
55,392
Amortisation
115,300
207,036
234,032
208,241
161,976
129,552
155,962
129,552
158,493
158,493
70,730
78,387
28,740
28,740
28,740
Tax
-1,157,664
-554,830
-599,035
-46,252
-492,989
-489,013
-491,330
-497,224
-487,158
-633,823
-592,000
-623,281
-595,930
-556,080
-267,514
Stock
Debtors
1,043,301
21,231
1,502,199
715,219
296,343
163,482
385,251
313,981
454,026
37,589
85,164
-277,233
230,847
19,542
5,096,412
Creditors
-276,517
758,604
2,414,332
126,775
303,261
-654,726
517,858
564,102
898,201
1,297,105
494,729
-207,512
56,465
-363,776
1,796,326
Accruals and Deferred Income
829,465
297,821
-332,227
911,089
-150,253
74,427
78,941
127,848
-705,247
664,875
-1,461,264
1,617,949
-712,702
199,797
1,280,636
Deferred Taxes & Provisions
64,624
135,246
150,436
143,798
16,852
15,146
Cash flow from operations
1,413,840
3,068,524
3,049,033
2,923,303
1,707,082
912,027
1,752,604
1,899,187
1,206,162
4,014,426
359,652
3,109,138
156,398
672,717
-1,855,344
Investing Activities
capital expenditure
-46,639
-169,891
16,028
-1,688,537
-2,004,778
-457,996
-214,989
-137,803
-84,213
-5,769,120
2,779
-76,035
190,483
138,846
-1,296,821
Change in Investments
-1,168
-250,203
250,203
-2,971
-40,000
-50,424
94,563
cash flow from investments
-46,639
-168,723
266,231
-1,938,740
-2,004,778
-457,996
-214,989
-137,803
-84,213
-5,766,149
42,779
-76,035
190,483
189,270
-1,391,384
Financing Activities
Bank loans
Group/Directors Accounts
-1,500,000
1,500,000
Other Short Term Loans
-100
100
Long term loans
-265,432
-176,356
-229,722
-553,928
2,844,602
-100
100
Hire Purchase and Lease Commitments
-143,349
-84,178
-123,493
-117,126
1,539,427
other long term liabilities
-1,986,499
1,986,499
share issue
-499,119
-75,735
-2,971
2
-1,296,562
2
1
4,992,386
interest
1,080,868
831,927
1,013,900
800,947
832,535
803,396
754,147
616,783
542,629
561,716
594,922
623,840
595,946
572,020
546,701
cash flow from financing
672,087
571,393
161,566
129,893
5,216,564
727,661
754,147
616,783
-957,371
2,058,745
594,824
-672,722
595,948
-1,414,478
7,525,686
cash and cash equivalents
cash
600,680
-949,482
701,677
940,317
850,224
-390,207
783,336
1,370,594
164,578
304,051
957,253
1,860,380
-57,173
-1,566,891
3,873,519
overdraft
change in cash
600,680
-949,482
701,677
940,317
850,224
-390,207
783,336
1,370,594
164,578
304,051
957,253
1,860,380
-57,173
-1,566,891
3,873,519
seib insurance brokers limited 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 seib insurance brokers limited. Get real-time insights into seib insurance brokers limited's credit score, group structure and payment trends.
Perform a competitor analysis for seib insurance brokers limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in GL3 area or any other competitors across 12 key performance metrics.
seib insurance brokers limited Ownership
SEIB INSURANCE BROKERS LIMITED group structure
Seib Insurance Brokers Limited has 1 subsidiary company.
The sole shareholder of Seib Insurance Brokers Limited is South Essex Insurance Holdings Ltd.
south essex insurance holdings ltd
100%
seib insurance brokers limited directors
Seib Insurance Brokers Limited currently has 7 directors.
The longest serving directors include
Mrs Susan Middleton (Sep 2011) and
Mr Bipin Thaker (Sep 2011).
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 1 charges/mortgages relating to seib insurance brokers limited. Currently there are 1 open charges and 0 have been satisfied in the past.
seib insurance brokers 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 SEIB INSURANCE BROKERS LIMITED. This can take several minutes, an email will notify you when this has completed.
seib insurance brokers limitedCompanies House Filings - See Documents
