balens insurance finance services limited
balens insurance finance services limited Company Information
Company Number
06508297
Next Accounts
Sep 2025
Shareholders
pib group limited
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
rossington's business park, west carr road, retford, nottinghamshire, DN22 7SW
balens insurance finance services limited Estimated Valuation
Pomanda estimates the enterprise value of BALENS INSURANCE FINANCE SERVICES LIMITED at £4 based on a Turnover of £5 and 0.84x industry multiple (adjusted for size and gross margin).
balens insurance finance services limited Estimated Valuation
Pomanda estimates the enterprise value of BALENS INSURANCE FINANCE SERVICES LIMITED at £0 based on an EBITDA of £-15.1k and a 2.91x industry multiple (adjusted for size and gross margin).
balens insurance finance services limited Estimated Valuation
Pomanda estimates the enterprise value of BALENS INSURANCE FINANCE SERVICES LIMITED at £156k based on Net Assets of £119.6k and 1.31x industry multiple (adjusted for liquidity).
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Balens Insurance Finance Services Limited Overview
Balens Insurance Finance Services Limited is a live company located in retford, DN22 7SW with a Companies House number of 06508297. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in February 2008, it's largest shareholder is pib group limited with a 100% stake. Balens Insurance Finance Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £5 with declining growth in recent years.
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Balens Insurance Finance Services Limited Health Check
Pomanda's financial health check has awarded Balens Insurance Finance Services Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
9 Weak
Size
annual sales of £5, make it smaller than the average company (£5.5m)
£5 - Balens Insurance Finance Services Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -99%, show it is growing at a slower rate (4.9%)
- Balens Insurance Finance Services Limited
4.9% - Industry AVG
Production
with a gross margin of 13.6%, this company has a higher cost of product (53.8%)
13.6% - Balens Insurance Finance Services Limited
53.8% - Industry AVG
Profitability
an operating margin of -301260% make it less profitable than the average company (9%)
-301260% - Balens Insurance Finance Services Limited
9% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
- Balens Insurance Finance Services Limited
14 - Industry AVG
Pay Structure
on an average salary of £82.6k, the company has an equivalent pay structure (£82.6k)
- Balens Insurance Finance Services Limited
£82.6k - Industry AVG
Efficiency
resulting in sales per employee of £5, this is less efficient (£223.8k)
- Balens Insurance Finance Services Limited
£223.8k - Industry AVG
Debtor Days
it gets paid by customers after 46327406 days, this is later than average (33 days)
46327406 days - Balens Insurance Finance Services Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 9897998 days, this is slower than average (46 days)
9897998 days - Balens Insurance Finance Services Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Balens Insurance Finance Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (29 weeks)
8 weeks - Balens Insurance Finance Services Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.9%, this is a higher level of debt than the average (71.4%)
83.9% - Balens Insurance Finance Services Limited
71.4% - Industry AVG
BALENS INSURANCE FINANCE SERVICES LIMITED financials
Balens Insurance Finance Services Limited's latest turnover from December 2023 is £5 and the company has net assets of £119.6 thousand. According to their latest financial statements, we estimate that Balens Insurance Finance Services Limited has 1 employee and maintains cash reserves of £103.1 thousand 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 | 5 | 8,109 | 25,529 | ||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -15,063 | -13,881 | 5,824 | 11,522 | |||||||||||
| Interest Payable | 4,693 | 9,407 | 7,606 | ||||||||||||
| Interest Receivable | 5,623 | 2,425 | |||||||||||||
| Pre-Tax Profit | -14,133 | -20,863 | -1,782 | 11,521 | |||||||||||
| Tax | 339 | -2,419 | |||||||||||||
| Profit After Tax | -14,133 | -20,863 | -1,443 | 9,102 | |||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -14,133 | -20,863 | -1,443 | 9,102 | |||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | -15,063 | -13,881 | 5,824 | 11,522 |
* 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 | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 634,622 | 312,141 | 540,467 | 626,371 | 540,881 | 464,125 | 558,269 | 583,481 | 477,427 | 379,079 | 316,048 | 275,392 | 247,785 | 208,445 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | 4,269 | 637 | 539 | 29,988 | 379 | 146,389 | |||||||||
| Cash | 103,149 | 132,201 | 50,525 | 32,455 | 99,099 | 67,179 | 51,932 | 9,713 | 6,675 | 4,479 | 12,483 | 4,652 | 15,539 | 493 | 32,003 |
| misc current assets | |||||||||||||||
| total current assets | 742,040 | 444,979 | 591,531 | 688,814 | 640,359 | 531,304 | 610,201 | 593,194 | 484,102 | 383,558 | 328,531 | 280,044 | 263,324 | 208,938 | 178,392 |
| total assets | 742,040 | 444,979 | 591,531 | 688,814 | 640,359 | 531,304 | 610,201 | 593,194 | 484,102 | 383,558 | 328,531 | 280,044 | 263,324 | 208,938 | 178,392 |
| Bank overdraft | 31,313 | 20,375 | 49,672 | 77,370 | 64,012 | 27,613 | 46,790 | ||||||||
| Bank loan | 132,843 | 52,531 | |||||||||||||
| Trade Creditors | 117,140 | 182,666 | 171,655 | 250,954 | 139,107 | 203,695 | 222,936 | 185,540 | 230,085 | 192,980 | 159,785 | 209,216 | 183,482 | ||
| Group/Directors Accounts | 497,000 | 209,000 | 60,000 | 75,934 | 12,856 | 11,472 | 29,611 | ||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 8,328 | 102,274 | 254,297 | 78,305 | 27,727 | 30,867 | 29,713 | 25,633 | 19,669 | 87,457 | |||||
| total current liabilities | 622,468 | 311,274 | 436,963 | 382,803 | 369,994 | 266,283 | 283,080 | 338,795 | 280,693 | 230,085 | 220,593 | 206,575 | 209,216 | 183,482 | 169,599 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 622,468 | 311,274 | 436,963 | 382,803 | 369,994 | 266,283 | 283,080 | 338,795 | 280,693 | 230,085 | 220,593 | 206,575 | 209,216 | 183,482 | 169,599 |
| net assets | 119,572 | 133,705 | 154,568 | 306,011 | 270,365 | 265,021 | 327,121 | 254,399 | 203,409 | 153,473 | 107,938 | 73,469 | 54,108 | 25,456 | 8,793 |
| total shareholders funds | 119,572 | 133,705 | 154,568 | 306,011 | 270,365 | 265,021 | 327,121 | 254,399 | 203,409 | 153,473 | 107,938 | 73,469 | 54,108 | 25,456 | 8,793 |
| 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 | -15,063 | -13,881 | 5,824 | 11,522 | |||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | 339 | -2,419 | |||||||||||||
| Stock | |||||||||||||||
| Debtors | 326,113 | -228,228 | -115,353 | 115,099 | 77,135 | -94,144 | -25,212 | 106,054 | 98,348 | 63,031 | 40,656 | 27,607 | 39,340 | 62,056 | 146,389 |
| Creditors | 117,140 | -182,666 | 11,011 | -79,299 | 111,847 | -64,588 | -19,241 | 37,396 | -44,545 | 37,105 | 33,195 | -49,431 | 25,734 | 183,482 | |
| Accruals and Deferred Income | -93,946 | -152,023 | 175,992 | 50,578 | -3,140 | 1,154 | 4,080 | 5,964 | 19,669 | -87,457 | 87,457 | ||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -317,982 | -120,342 | 308,519 | -49,829 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -132,843 | 132,843 | -52,531 | 52,531 | |||||||||||
| Group/Directors Accounts | 288,000 | 209,000 | -60,000 | -15,934 | 75,934 | -12,856 | 1,384 | 11,472 | -29,611 | 29,611 | |||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 930 | -6,982 | -7,606 | ||||||||||||
| cash flow from financing | 288,930 | 202,018 | -290,449 | 81,833 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -29,052 | 81,676 | 18,070 | -66,644 | 31,920 | 15,247 | 42,219 | 3,038 | 2,196 | -8,004 | 7,831 | -10,887 | 15,046 | -31,510 | 32,003 |
| overdraft | -31,313 | 10,938 | -29,297 | -27,698 | 13,358 | 64,012 | -27,613 | -19,177 | 46,790 | ||||||
| change in cash | -29,052 | 81,676 | 18,070 | -35,331 | 20,982 | 44,544 | 69,917 | -10,320 | -61,816 | 19,609 | 27,008 | -57,677 | 15,046 | -31,510 | 32,003 |
balens insurance finance services limited Credit Report and Business Information
Balens Insurance Finance Services Limited Competitor Analysis
Perform a competitor analysis for balens insurance finance services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in DN22 area or any other competitors across 12 key performance metrics.
balens insurance finance services limited Ownership
BALENS INSURANCE FINANCE SERVICES LIMITED group structure
Balens Insurance Finance Services Limited has no subsidiary companies.
Ultimate parent company
PAISLEY BIDCO LTD
#0149136
2 parents
BALENS INSURANCE FINANCE SERVICES LIMITED
06508297
balens insurance finance services limited directors
Balens Insurance Finance Services Limited currently has 6 directors. The longest serving directors include Mr Charles Burgess (Nov 2023) and Mr Paul Gerada (Apr 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Burgess | England | 54 years | Nov 2023 | - | Director |
| Mr Paul Gerada | England | 50 years | Apr 2024 | - | Director |
| Mr Roy Clark | United Kingdom | 65 years | May 2024 | - | Director |
| Mr Matthew Schofield | England | 57 years | Sep 2024 | - | Director |
| Mr William Bulleid | England | 36 years | Nov 2024 | - | Director |
| Mr Ryan Brown | England | 51 years | Jan 2025 | - | Director |
P&L
December 2023turnover
5
0%
operating profit
-15.1k
+9%
gross margin
13.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
119.6k
-0.11%
total assets
742k
+0.67%
cash
103.1k
-0.22%
net assets
Total assets minus all liabilities
balens insurance finance services limited company details
company number
06508297
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
February 2008
age
17
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
rossington's business park, west carr road, retford, nottinghamshire, DN22 7SW
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
balens insurance finance 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 found 2 charges/mortgages relating to balens insurance finance services limited. Currently there are 2 open charges and 0 have been satisfied in the past.
balens insurance finance 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.
Click to start generating capital raising & share issue transactions for BALENS INSURANCE FINANCE SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
balens insurance finance services limited Companies House Filings - See Documents
| date | description | view/download |
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