carpenters insurance services limited
carpenters insurance services limited Company Information
Company Number
08374754
Website
www.prioryinsurance.co.ukRegistered Address
priory house monks ferry, birkenhead, wirral, CH41 5LH
Industry
Activities of call centres
Telephone
08448563319
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
carpenters holdings limited 100%
carpenters insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of CARPENTERS INSURANCE SERVICES LIMITED at £5.3m based on a Turnover of £7.7m and 0.68x industry multiple (adjusted for size and gross margin).
carpenters insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of CARPENTERS INSURANCE SERVICES LIMITED at £309.7k based on an EBITDA of £83k and a 3.73x industry multiple (adjusted for size and gross margin).
carpenters insurance services limited Estimated Valuation
Pomanda estimates the enterprise value of CARPENTERS INSURANCE SERVICES LIMITED at £12.5m based on Net Assets of £4.6m and 2.7x industry multiple (adjusted for liquidity).
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Carpenters Insurance Services Limited Overview
Carpenters Insurance Services Limited is a live company located in wirral, CH41 5LH with a Companies House number of 08374754. It operates in the activities of call centres sector, SIC Code 82200. Founded in January 2013, it's largest shareholder is carpenters holdings limited with a 100% stake. Carpenters Insurance Services Limited is a established, mid sized company, Pomanda has estimated its turnover at £7.7m with healthy growth in recent years.
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Carpenters Insurance Services Limited Health Check
Pomanda's financial health check has awarded Carpenters Insurance Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £7.7m, make it smaller than the average company (£11.2m)
£7.7m - Carpenters Insurance Services Limited
£11.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (5.9%)
14% - Carpenters Insurance Services Limited
5.9% - Industry AVG
Production
with a gross margin of 29%, this company has a comparable cost of product (29%)
29% - Carpenters Insurance Services Limited
29% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (2.5%)
1.1% - Carpenters Insurance Services Limited
2.5% - Industry AVG
Employees
with 335 employees, this is above the industry average (237)
335 - Carpenters Insurance Services Limited
237 - Industry AVG
Pay Structure
on an average salary of £22.6k, the company has an equivalent pay structure (£25.8k)
£22.6k - Carpenters Insurance Services Limited
£25.8k - Industry AVG
Efficiency
resulting in sales per employee of £23.1k, this is less efficient (£39.9k)
£23.1k - Carpenters Insurance Services Limited
£39.9k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is near the average (43 days)
40 days - Carpenters Insurance Services Limited
43 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Carpenters Insurance Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Carpenters Insurance Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 153 weeks, this is more cash available to meet short term requirements (7 weeks)
153 weeks - Carpenters Insurance Services Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28%, this is a lower level of debt than the average (59%)
28% - Carpenters Insurance Services Limited
59% - Industry AVG
CARPENTERS INSURANCE SERVICES LIMITED financials
Carpenters Insurance Services Limited's latest turnover from December 2023 is £7.7 million and the company has net assets of £4.6 million. According to their latest financial statements, Carpenters Insurance Services Limited has 335 employees and maintains cash reserves of £5.3 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 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,737,000 | 6,540,000 | 4,500,000 | 5,169,000 | 5,326,000 | 6,250,000 | 3,707,000 | ||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | 83,000 | 495,000 | -10,000 | 877,000 | 1,546,000 | 1,499,000 | 926,000 | ||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | 83,000 | 495,000 | -10,000 | 877,000 | 1,546,000 | 1,498,000 | 926,000 | ||||
| Tax | -20,000 | -94,000 | 0 | -168,000 | -293,000 | -285,000 | -176,000 | ||||
| Profit After Tax | 63,000 | 401,000 | -10,000 | 709,000 | 1,253,000 | 1,213,000 | 750,000 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 63,000 | 401,000 | -10,000 | 709,000 | 1,253,000 | 1,213,000 | 750,000 | ||||
| Employee Costs | 7,558,000 | 5,932,000 | 4,406,000 | 4,343,000 | 3,737,000 | 4,534,000 | 2,628,000 | ||||
| Number Of Employees | 335 | 289 | 222 | 228 | 207 | 275 | 227 | 206 | |||
| EBITDA* | 83,000 | 495,000 | -10,000 | 877,000 | 1,546,000 | 1,499,000 | 926,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 860,000 | 934,000 | 505,000 | 186,000 | 139,000 | 151,000 | 400,000 | 344,000 | 165,031 | 0 | 1,564 |
| Group Debtors | 0 | 0 | 0 | 0 | 136,000 | 138,000 | 220,000 | 0 | 0 | 0 | 0 |
| Misc Debtors | 262,000 | 330,000 | 93,000 | 12,000 | 2,000 | 5,000 | 7,000 | 0 | 148 | 0 | 0 |
| Cash | 5,285,000 | 6,120,000 | 4,931,000 | 4,392,000 | 3,748,000 | 2,477,000 | 1,121,000 | 403,000 | 143,753 | 213,896 | 159,500 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,407,000 | 7,384,000 | 5,529,000 | 4,590,000 | 4,025,000 | 2,771,000 | 1,748,000 | 747,000 | 308,932 | 213,896 | 161,064 |
| total assets | 6,407,000 | 7,384,000 | 5,529,000 | 4,590,000 | 4,025,000 | 2,771,000 | 1,748,000 | 747,000 | 308,932 | 213,896 | 161,064 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 131,606 | 157,390 |
| Group/Directors Accounts | 1,347,000 | 2,181,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 448,000 | 454,000 | 1,181,000 | 232,000 | 376,000 | 375,000 | 565,000 | 314,000 | 112,285 | 0 | 0 |
| total current liabilities | 1,795,000 | 2,635,000 | 1,181,000 | 232,000 | 376,000 | 375,000 | 565,000 | 314,000 | 112,285 | 131,606 | 157,390 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,795,000 | 2,635,000 | 1,181,000 | 232,000 | 376,000 | 375,000 | 565,000 | 314,000 | 112,285 | 131,606 | 157,390 |
| net assets | 4,612,000 | 4,749,000 | 4,348,000 | 4,358,000 | 3,649,000 | 2,396,000 | 1,183,000 | 433,000 | 196,647 | 82,290 | 3,674 |
| total shareholders funds | 4,612,000 | 4,749,000 | 4,348,000 | 4,358,000 | 3,649,000 | 2,396,000 | 1,183,000 | 433,000 | 196,647 | 82,290 | 3,674 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 83,000 | 495,000 | -10,000 | 877,000 | 1,546,000 | 1,499,000 | 926,000 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -20,000 | -94,000 | 0 | -168,000 | -293,000 | -285,000 | -176,000 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -142,000 | 666,000 | 400,000 | -79,000 | -17,000 | -333,000 | 461,821 | 178,821 | 165,179 | -1,564 | 1,564 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -131,606 | -25,784 | 157,390 |
| Accruals and Deferred Income | -6,000 | -727,000 | 949,000 | -144,000 | 1,000 | -190,000 | 452,715 | 201,715 | 112,285 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 199,000 | -992,000 | 539,000 | 644,000 | 1,271,000 | 1,357,000 | 740,894 | ||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -834,000 | 2,181,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | -1,000 | 0 | ||||
| cash flow from financing | -1,034,000 | 2,181,000 | 0 | 0 | 0 | -1,000 | 236,353 | ||||
| cash and cash equivalents | |||||||||||
| cash | -835,000 | 1,189,000 | 539,000 | 644,000 | 1,271,000 | 1,356,000 | 977,247 | 259,247 | -70,143 | 54,396 | 159,500 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -835,000 | 1,189,000 | 539,000 | 644,000 | 1,271,000 | 1,356,000 | 977,247 | 259,247 | -70,143 | 54,396 | 159,500 |
carpenters insurance services limited Credit Report and Business Information
Carpenters Insurance Services Limited Competitor Analysis
Perform a competitor analysis for carpenters insurance services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in CH41 area or any other competitors across 12 key performance metrics.
carpenters insurance services limited Ownership
CARPENTERS INSURANCE SERVICES LIMITED group structure
Carpenters Insurance Services Limited has no subsidiary companies.
Ultimate parent company
1 parent
CARPENTERS INSURANCE SERVICES LIMITED
08374754
carpenters insurance services limited directors
Carpenters Insurance Services Limited currently has 3 directors. The longest serving directors include Mr John Carpenter (Feb 2013) and Ms Donna Scully (Feb 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Carpenter | 76 years | Feb 2013 | - | Director | |
| Ms Donna Scully | United Kingdom | 59 years | Feb 2013 | - | Director |
| Mrs Donna Richards | England | 60 years | Sep 2018 | - | Director |
P&L
December 2023turnover
7.7m
+18%
operating profit
83k
-83%
gross margin
29.1%
+3.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.6m
-0.03%
total assets
6.4m
-0.13%
cash
5.3m
-0.14%
net assets
Total assets minus all liabilities
carpenters insurance services limited company details
company number
08374754
Type
Private limited with Share Capital
industry
82200 - Activities of call centres
incorporation date
January 2013
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
priory insurance services limited (February 2021)
priory first response limited (September 2018)
See moreaccountant
-
auditor
HAINES WATTS
address
priory house monks ferry, birkenhead, wirral, CH41 5LH
Bank
-
Legal Advisor
-
carpenters 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 carpenters insurance services limited.
carpenters insurance services limited Companies House Filings - See Documents
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