eddisons insurance services limited

eddisons insurance services limited Company Information

Share EDDISONS INSURANCE SERVICES LIMITED
Live 
EstablishedSmallHigh

Company Number

07292351

Industry

Activities of insurance agents and brokers

 

Shareholders

eddisons commercial (holdings) ltd

Group Structure

View All

Contact

Registered Address

340 deansgate, manchester, M3 4LY

eddisons insurance services limited Estimated Valuation

£1m

Pomanda estimates the enterprise value of EDDISONS INSURANCE SERVICES LIMITED at £1m based on a Turnover of £914.4k and 1.12x industry multiple (adjusted for size and gross margin).

eddisons insurance services limited Estimated Valuation

£5.7m

Pomanda estimates the enterprise value of EDDISONS INSURANCE SERVICES LIMITED at £5.7m based on an EBITDA of £857.9k and a 6.68x industry multiple (adjusted for size and gross margin).

eddisons insurance services limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of EDDISONS INSURANCE SERVICES LIMITED at £1.8m based on Net Assets of £1m and 1.83x industry multiple (adjusted for liquidity).

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Eddisons Insurance Services Limited Overview

Eddisons Insurance Services Limited is a live company located in manchester, M3 4LY with a Companies House number of 07292351. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in June 2010, it's largest shareholder is eddisons commercial (holdings) ltd with a 100% stake. Eddisons Insurance Services Limited is a established, small sized company, Pomanda has estimated its turnover at £914.4k with high growth in recent years.

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Eddisons Insurance Services Limited Health Check

Pomanda's financial health check has awarded Eddisons Insurance Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £914.4k, make it smaller than the average company (£2.6m)

£914.4k - Eddisons Insurance Services Limited

£2.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (5.5%)

20% - Eddisons Insurance Services Limited

5.5% - Industry AVG

production

Production

with a gross margin of 96.2%, this company has a comparable cost of product (96.2%)

96.2% - Eddisons Insurance Services Limited

96.2% - Industry AVG

profitability

Profitability

an operating margin of 93.8% make it more profitable than the average company (19%)

93.8% - Eddisons Insurance Services Limited

19% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (18)

2 - Eddisons Insurance Services Limited

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £59k, the company has a higher pay structure (£48.8k)

£59k - Eddisons Insurance Services Limited

£48.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £457.2k, this is more efficient (£112.2k)

£457.2k - Eddisons Insurance Services Limited

£112.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Eddisons Insurance Services Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Eddisons Insurance Services Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Eddisons Insurance Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 19 weeks, this is less cash available to meet short term requirements (36 weeks)

19 weeks - Eddisons Insurance Services Limited

36 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 27.3%, this is a lower level of debt than the average (60.5%)

27.3% - Eddisons Insurance Services Limited

60.5% - Industry AVG

EDDISONS INSURANCE SERVICES LIMITED financials

EXPORTms excel logo

Eddisons Insurance Services Limited's latest turnover from April 2023 is £914.4 thousand and the company has net assets of £1 million. According to their latest financial statements, Eddisons Insurance Services Limited has 2 employees and maintains cash reserves of £142.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Mar 2014Mar 2013Mar 2012Mar 2011
Turnover914,392819,910765,444524,133498,000722,414369,984655,116670,827668,409544,752315,5680
Other Income Or Grants0000000000000
Cost Of Sales34,82746,03882,99664,42065,58085,98754,309122,726159,715176,027175,13080,6210
Gross Profit879,565773,872682,448459,713432,420636,427315,675532,390511,112492,382369,622234,9470
Admin Expenses21,684351,00299,104117,680107,02086,613137,868120,953145,472200,46791,69154,5820
Operating Profit857,881422,870583,344342,033325,400549,814177,807411,437365,640291,915277,931180,3650
Interest Payable000000000019600
Interest Receivable000000006352520
Pre-Tax Profit857,881422,870583,344342,033325,400549,814177,807411,437365,646291,950277,760180,3670
Tax-145,936-119,675-110,835-64,986-61,826-104,465-35,413-82,689-77,464-67,149-66,893-46,3870
Profit After Tax711,945303,195472,509277,047263,574445,349142,394328,748288,182224,801210,867133,9800
Dividends Paid300,000500,000500,0000500,00000000000
Retained Profit411,945-196,805-27,491277,047-236,426445,349142,394328,748288,182224,801210,867133,9800
Employee Costs118,000142,040134,100133,061129,266124,300124,297171,004221,588320,925275,664156,0180
Number Of Employees2222222228740
EBITDA*857,881422,870583,344342,033325,400549,814177,807411,437365,640291,915277,931180,3650

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Mar 2014Mar 2013Mar 2012Mar 2011
Tangible Assets0000000000000
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000010
Total Fixed Assets0000000000010
Stock & work in progress0000000000000
Trade Debtors0000000000000
Group Debtors406,3350755,296553,7351,058,8531,841,7991,201,5111,212,894970,831682,157475,304165,4030
Misc Debtors830,685847,56800000000000
Cash142,65357,463142,991326,19440,86936,988162,89126,83126,30316,47922,13025,5010
misc current assets0000000000000
total current assets1,379,673905,031898,287879,9291,099,7221,878,7871,364,4021,239,725997,134698,636497,434190,9040
total assets1,379,673905,031898,287879,9291,099,7221,878,7871,364,4021,239,725997,134698,636497,434190,9050
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 0000000000056,9240
Group/Directors Accounts0194,70900000046,38746,38746,38700
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities377,081119,675110,83564,98661,826104,46535,42953,14692,91682,600106,19900
total current liabilities377,081314,384110,83564,98661,826104,46535,42953,146139,303128,987152,58656,9240
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000000000000
other liabilities0000000000000
provisions0000000000000
total long term liabilities0000000000000
total liabilities377,081314,384110,83564,98661,826104,46535,42953,146139,303128,987152,58656,9240
net assets1,002,592590,647787,452814,9431,037,8961,774,3221,328,9731,186,579857,831569,649344,848133,9810
total shareholders funds1,002,592590,647787,452814,9431,037,8961,774,3221,328,9731,186,579857,831569,649344,848133,9810
Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Mar 2014Mar 2013Mar 2012Mar 2011
Operating Activities
Operating Profit857,881422,870583,344342,033325,400549,814177,807411,437365,640291,915277,931180,3650
Depreciation0000000000000
Amortisation0000000000000
Tax-145,936-119,675-110,835-64,986-61,826-104,465-35,413-82,689-77,464-67,149-66,893-46,3870
Stock0000000000000
Debtors389,45292,272201,561-505,118-782,946640,288-11,383242,063288,674206,853309,900165,4040
Creditors0000000000-56,92456,9240
Accruals and Deferred Income257,4068,84045,8493,160-42,63969,036-17,717-39,77010,316-23,599106,19900
Deferred Taxes & Provisions0000000000000
Cash flow from operations579,899219,763316,797785,3251,003,881-125,903136,06046,9159,818-5,686-49,58725,4980
Investing Activities
capital expenditure0000000000000
Change in Investments0000000000000
cash flow from investments0000000000000
Financing Activities
Bank loans0000000000000
Group/Directors Accounts-194,709194,70900000-46,3870046,38700
Other Short Term Loans 0000000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0000000000000
share issue000-500,000-500,00000000010
interest00000000635-17120
cash flow from financing-194,709194,7090-500,000-500,00000-46,38763546,21630
cash and cash equivalents
cash85,190-85,528-183,203285,3253,881-125,903136,0605289,824-5,651-3,37125,5010
overdraft0000000000000
change in cash85,190-85,528-183,203285,3253,881-125,903136,0605289,824-5,651-3,37125,5010

eddisons 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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Eddisons Insurance Services Limited Competitor Analysis

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Perform a competitor analysis for eddisons insurance services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in M 3 area or any other competitors across 12 key performance metrics.

eddisons insurance services limited Ownership

EDDISONS INSURANCE SERVICES LIMITED group structure

Eddisons Insurance Services Limited has no subsidiary companies.

Ultimate parent company

2 parents

EDDISONS INSURANCE SERVICES LIMITED

07292351

EDDISONS INSURANCE SERVICES LIMITED Shareholders

eddisons commercial (holdings) ltd 100%

eddisons insurance services limited directors

Eddisons Insurance Services Limited currently has 2 directors. The longest serving directors include Mr Richard Traynor (Dec 2014) and Mr Nicholas Towns (Sep 2018).

officercountryagestartendrole
Mr Richard Traynor65 years Dec 2014- Director
Mr Nicholas TownsEngland47 years Sep 2018- Director

P&L

April 2023

turnover

914.4k

+12%

operating profit

857.9k

+103%

gross margin

96.2%

+1.91%

turnover

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

Balance Sheet

April 2023

net assets

1m

+0.7%

total assets

1.4m

+0.52%

cash

142.7k

+1.48%

net assets

Total assets minus all liabilities

eddisons insurance services limited company details

company number

07292351

Type

Private limited with Share Capital

industry

66220 - Activities of insurance agents and brokers

incorporation date

June 2010

age

14

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

April 2023

previous names

lupfaw 301 limited (May 2011)

accountant

-

auditor

CROWE UK LLP

address

340 deansgate, manchester, M3 4LY

Bank

-

Legal Advisor

-

eddisons 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 eddisons insurance services limited.

eddisons 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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eddisons insurance services limited Companies House Filings - See Documents

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