pardus underwriting limited
pardus underwriting limited Company Information
Company Number
08641930
Next Accounts
Sep 2025
Shareholders
pardus holdings ltd
Group Structure
View All
Industry
Activities of insurance agents and brokers
Registered Address
cranbrook business centre, high street, cranbrook, kent, TN17 3EJ
Website
www.pardusunderwriting.compardus underwriting limited Estimated Valuation
Pomanda estimates the enterprise value of PARDUS UNDERWRITING LIMITED at £867.6k based on a Turnover of £943.3k and 0.92x industry multiple (adjusted for size and gross margin).
pardus underwriting limited Estimated Valuation
Pomanda estimates the enterprise value of PARDUS UNDERWRITING LIMITED at £1.9m based on an EBITDA of £371.3k and a 5.14x industry multiple (adjusted for size and gross margin).
pardus underwriting limited Estimated Valuation
Pomanda estimates the enterprise value of PARDUS UNDERWRITING LIMITED at £0 based on Net Assets of £-802.7k and 1.72x industry multiple (adjusted for liquidity).
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Pardus Underwriting Limited Overview
Pardus Underwriting Limited is a live company located in cranbrook, TN17 3EJ with a Companies House number of 08641930. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in August 2013, it's largest shareholder is pardus holdings ltd with a 100% stake. Pardus Underwriting Limited is a established, small sized company, Pomanda has estimated its turnover at £943.3k with rapid growth in recent years.
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Pardus Underwriting Limited Health Check
Pomanda's financial health check has awarded Pardus Underwriting Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £943.3k, make it smaller than the average company (£3m)
- Pardus Underwriting Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 132%, show it is growing at a faster rate (6.8%)
- Pardus Underwriting Limited
6.8% - Industry AVG
Production
with a gross margin of 95%, this company has a comparable cost of product (95%)
- Pardus Underwriting Limited
95% - Industry AVG
Profitability
an operating margin of 39.1% make it more profitable than the average company (19.6%)
- Pardus Underwriting Limited
19.6% - Industry AVG
Employees
with 9 employees, this is below the industry average (19)
9 - Pardus Underwriting Limited
19 - Industry AVG
Pay Structure
on an average salary of £52.4k, the company has an equivalent pay structure (£52.4k)
- Pardus Underwriting Limited
£52.4k - Industry AVG
Efficiency
resulting in sales per employee of £104.8k, this is less efficient (£126.4k)
- Pardus Underwriting Limited
£126.4k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is earlier than average (73 days)
- Pardus Underwriting Limited
73 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Pardus Underwriting Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pardus Underwriting Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (33 weeks)
1 weeks - Pardus Underwriting Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 582.9%, this is a higher level of debt than the average (58.1%)
582.9% - Pardus Underwriting Limited
58.1% - Industry AVG
PARDUS UNDERWRITING LIMITED financials
Pardus Underwriting Limited's latest turnover from December 2023 is estimated at £943.3 thousand and the company has net assets of -£802.7 thousand. According to their latest financial statements, Pardus Underwriting Limited has 9 employees and maintains cash reserves of £24.5 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 103,686 | 75,741 | 453,961 | 1,585,374 | 880,831 | 699,345 | 465,177 | 88,894 | ||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | -622,070 | |||||||||
| Interest Payable | 503 | |||||||||
| Interest Receivable | 7 | |||||||||
| Pre-Tax Profit | -622,566 | -1,065,586 | -873,178 | -56,606 | -771,479 | -762,107 | -468,785 | -422,466 | ||
| Tax | ||||||||||
| Profit After Tax | -622,566 | -1,065,586 | -873,178 | -56,606 | -771,479 | -762,107 | -468,785 | -422,466 | ||
| Dividends Paid | ||||||||||
| Retained Profit | -622,566 | -1,065,586 | -873,178 | -56,606 | -771,479 | -762,107 | -468,785 | -422,466 | ||
| Employee Costs | ||||||||||
| Number Of Employees | 9 | 7 | 7 | 7 | 8 | 13 | 15 | 13 | ||
| EBITDA* | -619,956 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,294 | 3,384 | 3,562 | 5,325 | 1,184 | 11,759 | 34,748 | 48,845 | 15,599 | 15,257 |
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 2,294 | 3,384 | 3,562 | 5,325 | 1,184 | 11,759 | 34,748 | 48,845 | 15,599 | 15,257 |
| Stock & work in progress | ||||||||||
| Trade Debtors | 123,924 | 152,135 | 29,645 | 1,115,623 | 295,995 | 295,465 | 101,437 | 28,240 | ||
| Group Debtors | ||||||||||
| Misc Debtors | 15,516 | 28,560 | 5,186 | 82,976 | 511,742 | 41,182 | 28,660 | 43,341 | 41,371 | 14,656 |
| Cash | 24,496 | 7,014 | 11,581 | 6,084 | 17,897 | 7,414 | 12,127 | 18,942 | ||
| misc current assets | ||||||||||
| total current assets | 163,936 | 187,709 | 46,412 | 89,060 | 529,639 | 1,164,219 | 324,655 | 350,933 | 142,808 | 61,838 |
| total assets | 166,230 | 191,093 | 49,974 | 94,385 | 530,823 | 1,175,978 | 359,403 | 399,778 | 158,407 | 77,095 |
| Bank overdraft | 10,000 | 9,996 | 10,000 | 23,272 | 194,326 | |||||
| Bank loan | ||||||||||
| Trade Creditors | 1,964,592 | |||||||||
| Group/Directors Accounts | 588,867 | 676,758 | 235,397 | 1,248,644 | 948,589 | 2,465,543 | 1,948,580 | 663,620 | 453,930 | |
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 344,993 | 549,616 | 452,684 | 136,800 | 208,832 | 295,424 | 104,555 | 191,711 | 45,630 | |
| total current liabilities | 943,860 | 1,236,370 | 698,081 | 1,964,592 | 1,385,444 | 1,157,421 | 2,784,239 | 2,053,135 | 1,049,657 | 499,560 |
| loans | 25,073 | 31,671 | 210,833 | 50,000 | ||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | 25,073 | 31,671 | 210,833 | 50,000 | ||||||
| total liabilities | 968,933 | 1,268,041 | 908,914 | 2,014,592 | 1,385,444 | 1,157,421 | 2,784,239 | 2,053,135 | 1,049,657 | 499,560 |
| net assets | -802,703 | -1,076,948 | -858,940 | -1,920,207 | -854,621 | 18,557 | -2,424,836 | -1,653,357 | -891,250 | -422,465 |
| total shareholders funds | -802,703 | -1,076,948 | -858,940 | -1,920,207 | -854,621 | 18,557 | -2,424,836 | -1,653,357 | -891,250 | -422,465 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -622,070 | |||||||||
| Depreciation | 2,162 | 2,359 | 2,114 | 1,997 | 10,575 | 22,989 | 21,065 | 21,065 | 9,161 | 7,628 |
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | ||||||||||
| Debtors | -41,255 | 145,864 | -48,145 | -428,766 | -645,063 | 832,150 | -14,151 | 195,998 | 99,912 | 42,896 |
| Creditors | -1,964,592 | 1,964,592 | ||||||||
| Accruals and Deferred Income | -204,623 | 96,932 | 452,684 | -136,800 | -72,032 | -86,592 | 190,869 | -87,156 | 146,081 | 45,630 |
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | -2,083,719 | |||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | -87,891 | 441,361 | 235,397 | -1,248,644 | 300,055 | -1,516,954 | 516,963 | 1,284,960 | 209,690 | 453,930 |
| Other Short Term Loans | ||||||||||
| Long term loans | -6,598 | -179,162 | 160,833 | 50,000 | ||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | -496 | |||||||||
| cash flow from financing | 2,079,567 | -1,198,644 | 300,055 | 983,045 | 516,963 | 1,284,960 | 209,690 | 453,931 | ||
| cash and cash equivalents | ||||||||||
| cash | 17,482 | -4,567 | 5,497 | -11,813 | 10,483 | 7,414 | -12,127 | 12,127 | -18,942 | 18,942 |
| overdraft | 4 | -4 | 10,000 | -23,272 | 23,272 | -194,326 | 194,326 | |||
| change in cash | 17,478 | -4,563 | -4,503 | -11,813 | 10,483 | 30,686 | -35,399 | 206,453 | -213,268 | 18,942 |
pardus underwriting limited Credit Report and Business Information
Pardus Underwriting Limited Competitor Analysis
Perform a competitor analysis for pardus underwriting limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in TN17 area or any other competitors across 12 key performance metrics.
pardus underwriting limited Ownership
PARDUS UNDERWRITING LIMITED group structure
Pardus Underwriting Limited has no subsidiary companies.
pardus underwriting limited directors
Pardus Underwriting Limited currently has 4 directors. The longest serving directors include Mr Keith Thompson (Aug 2013) and Mr Darren Stockman (Aug 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Keith Thompson | England | 67 years | Aug 2013 | - | Director |
| Mr Darren Stockman | United Kingdom | 58 years | Aug 2013 | - | Director |
| Mr Brian King | England | 77 years | Sep 2017 | - | Director |
| Mr Mark Allen | England | 46 years | Aug 2020 | - | Director |
P&L
December 2023turnover
943.3k
+20%
operating profit
369.1k
0%
gross margin
95%
+0.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-802.7k
-0.25%
total assets
166.2k
-0.13%
cash
24.5k
+2.49%
net assets
Total assets minus all liabilities
pardus underwriting limited company details
company number
08641930
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
August 2013
age
12
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
pardus speciality limited (May 2014)
aquila speciality limited (October 2013)
accountant
SWINDELLS LLP
auditor
-
address
cranbrook business centre, high street, cranbrook, kent, TN17 3EJ
Bank
-
Legal Advisor
-
pardus 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 1 charges/mortgages relating to pardus underwriting limited. Currently there are 0 open charges and 1 have been satisfied in the past.
pardus 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.
Click to start generating capital raising & share issue transactions for PARDUS UNDERWRITING LIMITED. This can take several minutes, an email will notify you when this has completed.
pardus underwriting limited Companies House Filings - See Documents
| date | description | view/download |
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