aspen managing agency limited
aspen managing agency limited Company Information
Company Number
06459521
Next Accounts
Sep 2025
Shareholders
aspen insurance holdings ltd
Group Structure
View All
Industry
Non-life insurance
+1Registered Address
30 fenchurch street, london, EC3M 3BD
Website
www.aspenmga.comaspen managing agency limited Estimated Valuation
Pomanda estimates the enterprise value of ASPEN MANAGING AGENCY LIMITED at £5.1m based on a Turnover of £6.7m and 0.76x industry multiple (adjusted for size and gross margin).
aspen managing agency limited Estimated Valuation
Pomanda estimates the enterprise value of ASPEN MANAGING AGENCY LIMITED at £43.7m based on an EBITDA of £4.9m and a 8.98x industry multiple (adjusted for size and gross margin).
aspen managing agency limited Estimated Valuation
Pomanda estimates the enterprise value of ASPEN MANAGING AGENCY LIMITED at £10.3m based on Net Assets of £6.5m and 1.58x industry multiple (adjusted for liquidity).
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Aspen Managing Agency Limited Overview
Aspen Managing Agency Limited is a live company located in london, EC3M 3BD with a Companies House number of 06459521. It operates in the non-life insurance sector, SIC Code 65120. Founded in December 2007, it's largest shareholder is aspen insurance holdings ltd with a 100% stake. Aspen Managing Agency Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.7m with high growth in recent years.
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Aspen Managing Agency Limited Health Check
Pomanda's financial health check has awarded Aspen Managing Agency Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 0 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
0 Weak
Size
annual sales of £6.7m, make it larger than the average company (£1.7m)
£6.7m - Aspen Managing Agency Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (7.7%)
25% - Aspen Managing Agency Limited
7.7% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
100% - Aspen Managing Agency Limited
100% - Industry AVG
Profitability
an operating margin of 72.7% make it more profitable than the average company (16.7%)
72.7% - Aspen Managing Agency Limited
16.7% - Industry AVG
Employees
with 36 employees, this is above the industry average (18)
- Aspen Managing Agency Limited
18 - Industry AVG
Pay Structure
on an average salary of £96.7k, the company has an equivalent pay structure (£96.7k)
- Aspen Managing Agency Limited
£96.7k - Industry AVG
Efficiency
resulting in sales per employee of £185.8k, this is equally as efficient (£190.2k)
- Aspen Managing Agency Limited
£190.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Aspen Managing Agency Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Aspen Managing Agency Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Aspen Managing Agency Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 95 weeks, this is more cash available to meet short term requirements (20 weeks)
95 weeks - Aspen Managing Agency Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.6%, this is a lower level of debt than the average (80.3%)
25.6% - Aspen Managing Agency Limited
80.3% - Industry AVG
ASPEN MANAGING AGENCY LIMITED financials
Aspen Managing Agency Limited's latest turnover from December 2023 is £6.7 million and the company has net assets of £6.5 million. According to their latest financial statements, we estimate that Aspen Managing Agency Limited has 36 employees and maintains cash reserves of £4.1 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 | 6,690,000 | 5,400,000 | 4,350,000 | 3,390,000 | 3,348,000 | 3,396,000 | 3,300,000 | 229,286,000 | 189,507,000 | 4,642,000 | 3,564,000 | 3,268,000 | 7,655,000 | 2,619,000 | 960,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 3,275,000 | 2,639,000 | 2,846,000 | 7,417,000 | 1,865,000 | 432,000 | |||||||||
| Interest Payable | 8,000 | 9,000 | 10,000 | 9,000 | 11,000 | ||||||||||
| Interest Receivable | 13,000 | ||||||||||||||
| Pre-Tax Profit | 4,700,000 | 5,106,000 | 1,854,000 | -526,000 | -112,000 | 540,000 | 1,318,000 | 6,699,000 | -21,264,000 | 3,275,000 | 2,631,000 | 2,837,000 | 7,407,000 | 1,856,000 | 421,000 |
| Tax | -951,000 | -970,000 | -352,000 | 100,000 | 22,000 | -39,000 | -254,000 | -704,000 | -612,000 | -695,000 | -1,963,000 | -520,000 | -88,000 | ||
| Profit After Tax | 3,749,000 | 4,136,000 | 1,502,000 | -426,000 | -90,000 | 501,000 | 1,064,000 | 6,699,000 | -21,264,000 | 2,571,000 | 2,019,000 | 2,142,000 | 5,444,000 | 1,336,000 | 333,000 |
| Dividends Paid | 1,500,000 | 9,652,000 | |||||||||||||
| Retained Profit | 3,749,000 | 4,136,000 | 1,502,000 | -426,000 | -90,000 | -999,000 | 1,064,000 | 6,699,000 | -21,264,000 | 2,571,000 | -7,633,000 | 2,142,000 | 5,444,000 | 1,336,000 | 333,000 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 3,275,000 | 2,639,000 | 2,846,000 | 7,417,000 | 1,865,000 | 432,000 |
* 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 | 707,110,000 | 499,137,000 | |||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 707,110,000 | 499,137,000 | |||||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 166,471,000 | 110,675,000 | |||||||||||||
| Group Debtors | 4,628,000 | 10,150,000 | 4,750,000 | 485,000 | 471,000 | 71,000 | 9,000 | 2,453,000 | 1,407,000 | 9,666,000 | 8,145,000 | 1,937,000 | 703,000 | ||
| Misc Debtors | 45,000 | 84,000 | |||||||||||||
| Cash | 4,102,000 | 960,000 | 1,627,000 | 2,016,000 | 2,470,000 | 2,634,000 | 3,855,000 | 9,870,000 | 32,399,000 | 3,631,000 | 4,368,000 | 3,402,000 | 2,089,000 | 929,000 | 362,000 |
| misc current assets | 692,000 | 530,000 | |||||||||||||
| total current assets | 8,730,000 | 11,155,000 | 6,377,000 | 2,585,000 | 2,941,000 | 2,705,000 | 3,864,000 | 317,952,000 | 219,014,000 | 6,084,000 | 5,775,000 | 13,068,000 | 10,234,000 | 2,866,000 | 1,065,000 |
| total assets | 8,730,000 | 11,155,000 | 6,377,000 | 2,585,000 | 2,941,000 | 2,705,000 | 3,864,000 | 1,025,062,000 | 718,151,000 | 6,084,000 | 5,775,000 | 13,068,000 | 10,234,000 | 2,866,000 | 1,065,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 145,304,000 | 77,107,000 | |||||||||||||
| Group/Directors Accounts | 2,236,000 | 3,410,000 | 2,768,000 | 478,000 | 408,000 | 82,000 | 242,000 | 951,000 | 3,917,000 | 3,177,000 | 2,482,000 | ||||
| other short term finances | 3,000 | 41,000 | 32,000 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 704,000 | 520,000 | 64,000 | ||||||||||||
| total current liabilities | 2,236,000 | 3,410,000 | 2,768,000 | 478,000 | 408,000 | 82,000 | 242,000 | 172,716,000 | 98,339,000 | 1,655,000 | 3,917,000 | 3,177,000 | 2,485,000 | 561,000 | 96,000 |
| loans | 400,000 | 400,000 | 400,000 | 400,000 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 860,253,000 | 632,404,000 | 400,000 | 400,000 | 400,000 | 400,000 | |||||||||
| total liabilities | 2,236,000 | 3,410,000 | 2,768,000 | 478,000 | 408,000 | 82,000 | 242,000 | 1,032,969,000 | 730,743,000 | 1,655,000 | 3,917,000 | 3,577,000 | 2,885,000 | 961,000 | 496,000 |
| net assets | 6,494,000 | 7,745,000 | 3,609,000 | 2,107,000 | 2,533,000 | 2,623,000 | 3,622,000 | -7,907,000 | -12,592,000 | 4,429,000 | 1,858,000 | 9,491,000 | 7,349,000 | 1,905,000 | 569,000 |
| total shareholders funds | 6,494,000 | 7,745,000 | 3,609,000 | 2,107,000 | 2,533,000 | 2,623,000 | 3,622,000 | -7,907,000 | -12,592,000 | 4,429,000 | 1,858,000 | 9,491,000 | 7,349,000 | 1,905,000 | 569,000 |
| 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 | 3,275,000 | 2,639,000 | 2,846,000 | 7,417,000 | 1,865,000 | 432,000 | |||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -951,000 | -970,000 | -352,000 | 100,000 | 22,000 | -39,000 | -254,000 | -704,000 | -612,000 | -695,000 | -1,963,000 | -520,000 | -88,000 | ||
| Stock | |||||||||||||||
| Debtors | -5,567,000 | 5,445,000 | 4,181,000 | 98,000 | 400,000 | 62,000 | -166,462,000 | 55,796,000 | 108,222,000 | 1,046,000 | -8,259,000 | 1,521,000 | 6,208,000 | 1,234,000 | 703,000 |
| Creditors | -145,304,000 | 68,197,000 | 77,107,000 | ||||||||||||
| Accruals and Deferred Income | -704,000 | 704,000 | -520,000 | 456,000 | 64,000 | ||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 2,229,000 | 10,286,000 | 630,000 | -1,274,000 | 567,000 | -295,000 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -1,174,000 | 642,000 | 2,290,000 | 70,000 | 326,000 | -160,000 | 242,000 | -951,000 | -2,966,000 | 740,000 | 695,000 | 2,482,000 | |||
| Other Short Term Loans | -3,000 | -38,000 | 9,000 | 32,000 | |||||||||||
| Long term loans | -400,000 | 400,000 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 13,000 | -8,000 | -9,000 | -10,000 | -9,000 | -11,000 | |||||||||
| cash flow from financing | -6,174,000 | 642,000 | 2,290,000 | 70,000 | 326,000 | -160,000 | 10,707,000 | -2,953,000 | 332,000 | 683,000 | 2,434,000 | 657,000 | |||
| cash and cash equivalents | |||||||||||||||
| cash | 3,142,000 | -667,000 | -389,000 | -454,000 | -164,000 | -1,221,000 | -6,015,000 | -22,529,000 | 28,768,000 | -737,000 | 966,000 | 1,313,000 | 1,160,000 | 567,000 | 362,000 |
| overdraft | |||||||||||||||
| change in cash | 3,142,000 | -667,000 | -389,000 | -454,000 | -164,000 | -1,221,000 | -6,015,000 | -22,529,000 | 28,768,000 | -737,000 | 966,000 | 1,313,000 | 1,160,000 | 567,000 | 362,000 |
aspen managing agency limited Credit Report and Business Information
Aspen Managing Agency Limited Competitor Analysis
Perform a competitor analysis for aspen managing agency limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in EC3M area or any other competitors across 12 key performance metrics.
aspen managing agency limited Ownership
ASPEN MANAGING AGENCY LIMITED group structure
Aspen Managing Agency Limited has no subsidiary companies.
Ultimate parent company
HIGHLANDS HOLDINGS LTD
#0046856
ASPEN INSURANCE HOLDINGS LTD
#0041544
2 parents
ASPEN MANAGING AGENCY LIMITED
06459521
aspen managing agency limited directors
Aspen Managing Agency Limited currently has 7 directors. The longest serving directors include Mrs Natalie Waller (Jan 2020) and Mrs Theresa Froehlich (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Natalie Waller | England | 56 years | Jan 2020 | - | Director |
| Mrs Theresa Froehlich | England | 59 years | Feb 2020 | - | Director |
| Ms Sarah Stanford | 42 years | Jan 2021 | - | Director | |
| Mr Stephen Liddell | 61 years | Feb 2021 | - | Director | |
| Ms Penelope Shaw | United Kingdom | 49 years | May 2022 | - | Director |
| Mr Michael Duffy | United Kingdom | 60 years | Feb 2023 | - | Director |
| Mr Paul Bradbrook | United Kingdom | 49 years | Dec 2024 | - | Director |
P&L
December 2023turnover
6.7m
+24%
operating profit
4.9m
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
6.5m
-0.16%
total assets
8.7m
-0.22%
cash
4.1m
+3.27%
net assets
Total assets minus all liabilities
aspen managing agency limited company details
company number
06459521
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
65202 - Non-life reinsurance
incorporation date
December 2007
age
18
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
whistler managing agency limited (March 2008)
accountant
-
auditor
ERNST & YOUNG LLP
address
30 fenchurch street, london, EC3M 3BD
Bank
CITIBANK N.A.
Legal Advisor
-
aspen managing agency 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 aspen managing agency limited.
aspen managing agency 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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aspen managing agency limited Companies House Filings - See Documents
| date | description | view/download |
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