bond private insurance services limited

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bond private insurance services limited Company Information

Share BOND PRIVATE INSURANCE SERVICES LIMITED

Company Number

06506519

Shareholders

simon lewis heard

richard spencer frake

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Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

1 cornhill, london, EC3V 3ND

bond private insurance services limited Estimated Valuation

£503.1k

Pomanda estimates the enterprise value of BOND PRIVATE INSURANCE SERVICES LIMITED at £503.1k based on a Turnover of £909.5k and 0.55x industry multiple (adjusted for size and gross margin).

bond private insurance services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BOND PRIVATE INSURANCE SERVICES LIMITED at £0 based on an EBITDA of £-74.6k and a 4.05x industry multiple (adjusted for size and gross margin).

bond private insurance services limited Estimated Valuation

£531.1k

Pomanda estimates the enterprise value of BOND PRIVATE INSURANCE SERVICES LIMITED at £531.1k based on Net Assets of £249k and 2.13x industry multiple (adjusted for liquidity).

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Bond Private Insurance Services Limited Overview

Bond Private Insurance Services Limited is a live company located in london, EC3V 3ND with a Companies House number of 06506519. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2008, it's largest shareholder is simon lewis heard with a 37.6% stake. Bond Private Insurance Services Limited is a established, small sized company, Pomanda has estimated its turnover at £909.5k with high growth in recent years.

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Bond Private Insurance Services Limited Health Check

Pomanda's financial health check has awarded Bond Private Insurance Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £909.5k, make it smaller than the average company (£4.8m)

£909.5k - Bond Private Insurance Services Limited

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (6.7%)

16% - Bond Private Insurance Services Limited

6.7% - Industry AVG

production

Production

with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)

38.2% - Bond Private Insurance Services Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of -8.3% make it less profitable than the average company (5.7%)

-8.3% - Bond Private Insurance Services Limited

5.7% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (27)

4 - Bond Private Insurance Services Limited

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.9k, the company has an equivalent pay structure (£53.9k)

£53.9k - Bond Private Insurance Services Limited

£53.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £227.4k, this is more efficient (£171.2k)

£227.4k - Bond Private Insurance Services Limited

£171.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 34 days, this is near the average (42 days)

34 days - Bond Private Insurance Services Limited

42 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 129 days, this is slower than average (32 days)

129 days - Bond Private Insurance Services Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Bond Private Insurance Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 84 weeks, this is more cash available to meet short term requirements (22 weeks)

84 weeks - Bond Private Insurance Services Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 47.8%, this is a lower level of debt than the average (62.6%)

47.8% - Bond Private Insurance Services Limited

62.6% - Industry AVG

BOND PRIVATE INSURANCE SERVICES LIMITED financials

EXPORTms excel logo

Bond Private Insurance Services Limited's latest turnover from December 2023 is estimated at £909.5 thousand and the company has net assets of £249 thousand. According to their latest financial statements, Bond Private Insurance Services Limited has 4 employees and maintains cash reserves of £367.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover909,467453,328619,793589,162797,473840,6351,282,615712,141586,648719,687917,1281,145,427802,548482,466
Other Income Or Grants
Cost Of Sales562,307279,635388,064370,217498,660528,392800,657441,480372,998464,468597,187733,460502,743294,959
Gross Profit347,160173,693231,729218,945298,813312,243481,958270,661213,650255,219319,941411,967299,805187,507
Admin Expenses422,709128,428217,887204,902314,635256,858375,224201,799212,331208,780300,15528,083274,046510,581
Operating Profit-75,54945,26513,84214,043-15,82255,385106,73468,8621,31946,43919,786383,88425,759-323,074
Interest Payable
Interest Receivable20,48913,5329103733,0733,1571,8197331,3471,1639231,2631,290483
Pre-Tax Profit-55,06058,79814,75214,416-12,74958,542108,55369,5952,66647,60120,709385,14727,049-322,591
Tax-11,172-2,803-2,739-11,123-20,625-13,919-533-9,996-4,763-92,435-7,033
Profit After Tax-55,06047,62611,94911,677-12,74947,41987,92855,6762,13337,60515,946292,71220,016-322,591
Dividends Paid
Retained Profit-55,06047,62611,94911,677-12,74947,41987,92855,6762,13337,60515,946292,71220,016-322,591
Employee Costs215,576205,379195,351185,656183,850177,100125,841125,842166,226207,671287,710320,679237,570153,760
Number Of Employees44444433457864
EBITDA*-74,57445,85114,76515,202-14,12256,888108,00069,5871,86547,44220,893384,29128,492-320,341

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets3,2731,7019232,0822,8531,8083,0745469462,0531,8491,872
Intangible Assets
Investments & Other2020
Debtors (Due After 1 year)
Total Fixed Assets3,2731,7019232,0822,8731,8283,0745469462,0531,8491,872
Stock & work in progress
Trade Debtors86,0529,63648,63132,98753,64557,629173,43359,60935,40336,69878,945108,63146,83246,061
Group Debtors
Misc Debtors19,47614,3005,3934,99743,9315,5362,2389038,122
Cash367,829412,698360,587367,360379,097440,333401,510326,016260,367278,490186,514182,697322,669193,198
misc current assets12,506
total current assets473,357436,634414,611405,344476,673503,498577,181386,528303,892315,188265,459291,328382,007239,259
total assets476,630438,335414,611406,267478,755506,371579,009389,602303,892315,734266,405293,381383,856241,131
Bank overdraft
Bank loan
Trade Creditors 199,111115,550146,582148,749221,935243,271307,591198,468142,326189,221177,497220,419218,218106,072
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities28,53218,73811,60813,04624,02517,55673,29380,937105,895
total current liabilities227,643134,288158,190161,795245,960260,827380,884279,405248,221189,221177,497220,419218,218106,072
loans
hp & lease commitments
Accruals and Deferred Income10,388
other liabilities
provisions
total long term liabilities10,388
total liabilities227,643134,288158,190161,795245,960260,827380,884279,405248,221189,221177,497220,419228,606106,072
net assets248,987304,047256,421244,472232,795245,544198,125110,19755,671126,51388,90872,962155,250135,059
total shareholders funds248,987304,047256,421244,472232,795245,544198,125110,19755,671126,51388,90872,962155,250135,059
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-75,54945,26513,84214,043-15,82255,385106,73468,8621,31946,43919,786383,88425,759-323,074
Depreciation9755869231,1591,7001,5031,2667255461,0031,1074072,7332,733
Amortisation
Tax-11,172-2,803-2,739-11,123-20,625-13,919-533-9,996-4,763-92,435-7,033
Stock
Debtors81,592-30,08816,040-59,59234,411-112,506115,15916,9876,827-42,247-29,68661,79977146,061
Creditors83,561-31,032-2,167-73,186-21,336-64,320109,12356,142-46,89511,724-42,9222,201112,146106,072
Accruals and Deferred Income9,7947,130-1,438-10,9796,469-55,737-7,644-24,958105,895-10,38810,388
Deferred Taxes & Provisions
Cash flow from operations-62,81140,865-7,683-12,110-63,40038,21473,69569,86553,50591,4172,894221,870143,222-260,330
Investing Activities
capital expenditure-2,547-2,287-929-2,548-3,799-603-611-2,710-4,605
Change in Investments-2020
cash flow from investments-2,547-2,287-909-2,548-20-3,799-603-611-2,710-4,605
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-1,150-72,975-375,000175457,650
interest20,48913,5329103733,0733,1571,8197331,3471,1639231,2631,290483
cash flow from financing20,48913,5329103733,0733,1571,819-417-71,6281,163923-373,7371,465458,133
cash and cash equivalents
cash-44,86952,111-6,773-11,737-61,23638,82375,49465,649-18,12391,9763,817-139,972129,471193,198
overdraft
change in cash-44,86952,111-6,773-11,737-61,23638,82375,49465,649-18,12391,9763,817-139,972129,471193,198

bond private insurance services 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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Bond Private Insurance Services Limited Competitor Analysis

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Perform a competitor analysis for bond private insurance services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in EC3V area or any other competitors across 12 key performance metrics.

bond private insurance services limited Ownership

BOND PRIVATE INSURANCE SERVICES LIMITED group structure

Bond Private Insurance Services Limited has no subsidiary companies.

Ultimate parent company

BOND PRIVATE INSURANCE SERVICES LIMITED

06506519

BOND PRIVATE INSURANCE SERVICES LIMITED Shareholders

simon lewis heard 37.59%
richard spencer frake 18.05%
capsicum private office no.1 lp 16.54%
peter scales 3.76%
giles turrell 3.76%
tristan mcdonald 3.76%
richard silva 3.01%
anthony hitchin 3.01%
mike leonard 3.01%
tim croft-sharland 2.63%

bond private insurance services limited directors

Bond Private Insurance Services Limited currently has 2 directors. The longest serving directors include Mr Simon Heard (Feb 2008) and Mr Richard Frake (Aug 2011).

officercountryagestartendrole
Mr Simon HeardEngland54 years Feb 2008- Director
Mr Richard FrakeEngland54 years Aug 2011- Director

P&L

December 2023

turnover

909.5k

+101%

operating profit

-75.5k

0%

gross margin

38.2%

-0.37%

turnover

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

Balance Sheet

December 2023

net assets

249k

-0.18%

total assets

476.6k

+0.09%

cash

367.8k

-0.11%

net assets

Total assets minus all liabilities

bond private insurance services limited company details

company number

06506519

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

February 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

ONSHORE CONSULTING LIMITED

auditor

-

address

1 cornhill, london, EC3V 3ND

Bank

-

Legal Advisor

-

bond private insurance services 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 bond private insurance services limited.

bond private insurance services 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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bond private insurance services limited Companies House Filings - See Documents

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