tedaisy underwriting limited
tedaisy underwriting limited Company Information
Company Number
06904209
Next Accounts
Sep 2025
Shareholders
tedaisy insurance group ltd
Group Structure
View All
Industry
Non-life insurance
Registered Address
warner house 123 castle street, salisbury, SP1 3TB
Website
www.alphaunderwriting.comtedaisy underwriting limited Estimated Valuation
Pomanda estimates the enterprise value of TEDAISY UNDERWRITING LIMITED at £180.2k based on a Turnover of £314.9k and 0.57x industry multiple (adjusted for size and gross margin).
tedaisy underwriting limited Estimated Valuation
Pomanda estimates the enterprise value of TEDAISY UNDERWRITING LIMITED at £875.2k based on an EBITDA of £136.2k and a 6.42x industry multiple (adjusted for size and gross margin).
tedaisy underwriting limited Estimated Valuation
Pomanda estimates the enterprise value of TEDAISY UNDERWRITING LIMITED at £368.1k based on Net Assets of £218.7k and 1.68x industry multiple (adjusted for liquidity).
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Tedaisy Underwriting Limited Overview
Tedaisy Underwriting Limited is a live company located in salisbury, SP1 3TB with a Companies House number of 06904209. It operates in the non-life insurance sector, SIC Code 65120. Founded in May 2009, it's largest shareholder is tedaisy insurance group ltd with a 100% stake. Tedaisy Underwriting Limited is a established, micro sized company, Pomanda has estimated its turnover at £314.9k with declining growth in recent years.
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Tedaisy Underwriting Limited Health Check
Pomanda's financial health check has awarded Tedaisy Underwriting 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
5 Strong
3 Regular
3 Weak
Size
annual sales of £314.9k, make it smaller than the average company (£2.1m)
£314.9k - Tedaisy Underwriting Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (8.7%)
-15% - Tedaisy Underwriting Limited
8.7% - Industry AVG
Production
with a gross margin of 93.2%, this company has a comparable cost of product (100%)
93.2% - Tedaisy Underwriting Limited
100% - Industry AVG
Profitability
an operating margin of 35.6% make it more profitable than the average company (17.6%)
35.6% - Tedaisy Underwriting Limited
17.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (26)
2 - Tedaisy Underwriting Limited
26 - Industry AVG
Pay Structure
on an average salary of £65.4k, the company has an equivalent pay structure (£65.4k)
- Tedaisy Underwriting Limited
£65.4k - Industry AVG
Efficiency
resulting in sales per employee of £157.4k, this is equally as efficient (£163.6k)
£157.4k - Tedaisy Underwriting Limited
£163.6k - Industry AVG
Debtor Days
it gets paid by customers after 141 days, this is earlier than average (216 days)
141 days - Tedaisy Underwriting Limited
216 days - Industry AVG
Creditor Days
its suppliers are paid after 4454 days, this is slower than average (305 days)
4454 days - Tedaisy Underwriting Limited
305 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tedaisy Underwriting Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 56 weeks, this is more cash available to meet short term requirements (18 weeks)
56 weeks - Tedaisy Underwriting Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.8%, this is a lower level of debt than the average (81.5%)
58.8% - Tedaisy Underwriting Limited
81.5% - Industry AVG
TEDAISY UNDERWRITING LIMITED financials
Tedaisy Underwriting Limited's latest turnover from December 2023 is £314.9 thousand and the company has net assets of £218.7 thousand. According to their latest financial statements, Tedaisy Underwriting Limited has 2 employees and maintains cash reserves of £339 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 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 314,857 | 206,872 | 80,910 | 505,920 | |||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||||||||
| Cost Of Sales | 21,552 | 1,582 | 9,498 | 17,998 | |||||||||||
| Gross Profit | 293,305 | 205,290 | 71,412 | 487,922 | |||||||||||
| Admin Expenses | 181,077 | 48,356 | 283,643 | 538,591 | |||||||||||
| Operating Profit | 112,228 | 156,934 | -212,231 | -50,669 | |||||||||||
| Interest Payable | 1,482 | 2,299 | 46 | 4,655 | |||||||||||
| Interest Receivable | 821 | 252 | 0 | 167 | |||||||||||
| Pre-Tax Profit | 111,567 | 154,887 | -212,277 | -55,157 | |||||||||||
| Tax | -26,361 | 11,067 | 0 | 0 | |||||||||||
| Profit After Tax | 85,206 | 165,954 | -212,277 | -55,157 | |||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | |||||||||||
| Retained Profit | 85,206 | 165,954 | -212,277 | -55,157 | |||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 14 | 14 | 15 | 17 | 15 | 16 | 14 | ||||||
| EBITDA* | 136,231 | 179,478 | -201,868 | -39,762 |
* 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 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,147 | 1,602 | 3,901 | 4,923 | 8,944 | 15,299 | 81,733 | 78,661 | 72,715 | 73,035 | 8,314 | 10,186 | 3,614 | 1,174 | 0 |
| Intangible Assets | 50,864 | 74,412 | 94,657 | 99,837 | 105,017 | 100,250 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 52,011 | 76,014 | 98,558 | 104,760 | 113,961 | 115,549 | 81,733 | 78,661 | 72,715 | 73,035 | 8,314 | 10,186 | 3,614 | 1,174 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 121,859 | 241,327 | 114,624 | 415,459 | 1,150,784 | 1,904,308 | 609,582 | 472,261 | 1,349,333 | 637,289 | 457,372 | 717,964 | 359,436 | 302,598 | 12,768 |
| Group Debtors | 15,030 | 4,276 | 551,588 | 555,456 | 129,608 | 108,610 | 348,182 | 396,395 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,619 | 8,677 | 16,332 | 69,068 | 91,654 | 353,164 | 322,238 | 287,954 | 9,709 | 9,817 | 21,467 | 0 | 0 | 0 | 0 |
| Cash | 339,035 | 243,982 | 125,446 | 240,748 | 441,325 | 798,087 | 431,745 | 448,000 | 474,881 | 1,462,971 | 1,890,080 | 1,989,691 | 935,954 | 334,159 | 51,927 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 478,543 | 498,262 | 807,990 | 1,280,731 | 1,813,371 | 3,164,169 | 1,711,747 | 1,604,610 | 1,833,923 | 2,110,077 | 2,368,919 | 2,707,655 | 1,295,390 | 636,757 | 64,695 |
| total assets | 530,554 | 574,276 | 906,548 | 1,385,491 | 1,927,332 | 3,279,718 | 1,793,480 | 1,683,271 | 1,906,638 | 2,183,112 | 2,377,233 | 2,717,841 | 1,299,004 | 637,931 | 64,695 |
| Bank overdraft | 0 | 7,725 | 0 | 0 | 8,865 | 35,125 | 0 | 23,183 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 32,859 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 263,032 | 414,818 | 215,089 | 437,524 | 1,016,014 | 2,618,440 | 700,569 | 794,211 | 1,395,547 | 1,866,082 | 2,174,556 | 2,682,629 | 1,235,495 | 615,506 | 11,804 |
| Group/Directors Accounts | 13,485 | 1,358 | 0 | 730,547 | 467,604 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 35,264 | 16,862 | 723,900 | 37,584 | 199,856 | 243,918 | 244,419 | 136,035 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 311,781 | 440,763 | 938,989 | 1,205,655 | 1,692,339 | 2,897,483 | 977,847 | 953,429 | 1,395,547 | 1,866,082 | 2,174,556 | 2,682,629 | 1,235,495 | 615,506 | 11,804 |
| loans | 0 | 0 | 0 | 0 | 0 | 8,771 | 43,609 | 76,817 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 9,758 | 120,054 | 0 | 0 | 0 | 0 | 0 | 70,000 | 70,000 | 70,000 |
| provisions | 52 | 0 | 0 | 0 | 0 | 13,859 | 13,859 | 12,778 | 11,679 | 11,147 | 414 | 0 | 0 | 0 | 0 |
| total long term liabilities | 52 | 0 | 0 | 0 | 0 | 32,388 | 177,522 | 89,595 | 11,679 | 11,147 | 414 | 0 | 70,000 | 70,000 | 70,000 |
| total liabilities | 311,833 | 440,763 | 938,989 | 1,205,655 | 1,692,339 | 2,929,871 | 1,155,369 | 1,043,024 | 1,407,226 | 1,877,229 | 2,174,970 | 2,682,629 | 1,305,495 | 685,506 | 81,804 |
| net assets | 218,721 | 133,513 | -32,441 | 179,836 | 234,993 | 349,847 | 638,111 | 640,247 | 499,412 | 305,883 | 202,263 | 35,212 | -6,491 | -47,575 | -17,109 |
| total shareholders funds | 218,721 | 133,513 | -32,441 | 179,836 | 234,993 | 349,847 | 638,111 | 640,247 | 499,412 | 305,883 | 202,263 | 35,212 | -6,491 | -47,575 | -17,109 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 112,228 | 156,934 | -212,231 | -50,669 | |||||||||||
| Depreciation | 455 | 2,299 | 5,183 | 5,727 | 7,697 | 11,603 | 30,324 | 26,277 | 34,866 | 18,854 | 4,747 | 4,118 | 1,045 | 139 | 0 |
| Amortisation | 23,548 | 20,245 | 5,180 | 5,180 | 5,194 | 4,731 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -26,361 | 11,067 | 0 | 0 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -114,772 | -428,264 | -357,439 | -332,063 | -994,036 | 1,086,080 | 123,392 | -202,432 | 711,936 | 168,267 | 119,403 | 358,528 | 56,838 | 289,830 | 12,768 |
| Creditors | -151,786 | 199,729 | -222,435 | -578,490 | -1,602,426 | 1,917,871 | -93,642 | -601,336 | -470,535 | -308,474 | 939,061 | 1,447,134 | 619,989 | 603,702 | 11,804 |
| Accruals and Deferred Income | 18,402 | -707,038 | 686,316 | -162,272 | -44,062 | -501 | 108,384 | 136,035 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 52 | 0 | 0 | 0 | -13,859 | 0 | 1,081 | 1,099 | 532 | 10,733 | 414 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 91,310 | 111,500 | 619,452 | -448,461 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | -32,859 | 32,859 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 12,127 | 1,358 | -730,547 | 262,943 | 467,604 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -8,771 | -34,838 | -33,208 | 76,817 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -9,758 | -110,296 | 120,054 | 0 | 0 | 0 | -70,000 | -70,000 | 0 | 0 | 70,000 |
| share issue | |||||||||||||||
| interest | -661 | -2,047 | -46 | -4,488 | |||||||||||
| cash flow from financing | 11,468 | -689 | -730,593 | 258,455 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 95,053 | 118,536 | -115,302 | -200,577 | -356,762 | 366,342 | -16,255 | -26,881 | -988,090 | -427,109 | 954,126 | 1,053,737 | 601,795 | 282,232 | 51,927 |
| overdraft | -7,725 | 7,725 | 0 | -8,865 | -26,260 | 35,125 | -23,183 | 23,183 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 102,778 | 110,811 | -115,302 | -191,712 | -330,502 | 331,217 | 6,928 | -50,064 | -988,090 | -427,109 | 954,126 | 1,053,737 | 601,795 | 282,232 | 51,927 |
tedaisy underwriting limited Credit Report and Business Information
Tedaisy Underwriting Limited Competitor Analysis
Perform a competitor analysis for tedaisy underwriting limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in SP1 area or any other competitors across 12 key performance metrics.
tedaisy underwriting limited Ownership
TEDAISY UNDERWRITING LIMITED group structure
Tedaisy Underwriting Limited has no subsidiary companies.
Ultimate parent company
1 parent
TEDAISY UNDERWRITING LIMITED
06904209
tedaisy underwriting limited directors
Tedaisy Underwriting Limited currently has 4 directors. The longest serving directors include Mr Paul Byrne (Nov 2013) and Mrs Donna Sweetman (Nov 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Byrne | England | 57 years | Nov 2013 | - | Director |
| Mrs Donna Sweetman | England | 54 years | Nov 2017 | - | Director |
| Mr Michael Whitfield | England | 64 years | May 2021 | - | Director |
| Miss Louise Walker | England | 43 years | Jan 2025 | - | Director |
P&L
December 2023turnover
314.9k
+52%
operating profit
112.2k
-28%
gross margin
93.2%
-6.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
218.7k
+0.64%
total assets
530.6k
-0.08%
cash
339k
+0.39%
net assets
Total assets minus all liabilities
tedaisy underwriting limited company details
company number
06904209
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
May 2009
age
16
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
alpha underwriting limited (September 2021)
accountant
-
auditor
PKF LITTLEJOHN LLP
address
warner house 123 castle street, salisbury, SP1 3TB
Bank
-
Legal Advisor
-
tedaisy underwriting 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 tedaisy underwriting limited. Currently there are 1 open charges and 1 have been satisfied in the past.
tedaisy underwriting 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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tedaisy underwriting limited Companies House Filings - See Documents
| date | description | view/download |
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