townley insurance brokers limited

townley insurance brokers limited Company Information

Share TOWNLEY INSURANCE BROKERS LIMITED
Live 
EstablishedMicroDeclining

Company Number

08763799

Industry

Activities of insurance agents and brokers

 

Shareholders

elizabeth rosemarie parry

adam thomas townley

Group Structure

View All

Contact

Registered Address

19 staplegrove road, taunton, somerset, TA1 1DE

townley insurance brokers limited Estimated Valuation

£87.5k

Pomanda estimates the enterprise value of TOWNLEY INSURANCE BROKERS LIMITED at £87.5k based on a Turnover of £100.6k and 0.87x industry multiple (adjusted for size and gross margin).

townley insurance brokers limited Estimated Valuation

£91.1k

Pomanda estimates the enterprise value of TOWNLEY INSURANCE BROKERS LIMITED at £91.1k based on an EBITDA of £17.5k and a 5.2x industry multiple (adjusted for size and gross margin).

townley insurance brokers limited Estimated Valuation

£29.4k

Pomanda estimates the enterprise value of TOWNLEY INSURANCE BROKERS LIMITED at £29.4k based on Net Assets of £16.1k and 1.83x industry multiple (adjusted for liquidity).

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Townley Insurance Brokers Limited Overview

Townley Insurance Brokers Limited is a live company located in somerset, TA1 1DE with a Companies House number of 08763799. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in November 2013, it's largest shareholder is elizabeth rosemarie parry with a 50% stake. Townley Insurance Brokers Limited is a established, micro sized company, Pomanda has estimated its turnover at £100.6k with declining growth in recent years.

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Townley Insurance Brokers Limited Health Check

Pomanda's financial health check has awarded Townley Insurance Brokers Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £100.6k, make it smaller than the average company (£2.9m)

£100.6k - Townley Insurance Brokers Limited

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (6.2%)

-1% - Townley Insurance Brokers Limited

6.2% - Industry AVG

production

Production

with a gross margin of 58.8%, this company has a higher cost of product (96.5%)

58.8% - Townley Insurance Brokers Limited

96.5% - Industry AVG

profitability

Profitability

an operating margin of 17% make it as profitable than the average company (18.6%)

17% - Townley Insurance Brokers Limited

18.6% - Industry AVG

employees

Employees

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

2 - Townley Insurance Brokers Limited

18 - Industry AVG

paystructure

Pay Structure

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

£48.8k - Townley Insurance Brokers Limited

£48.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £50.3k, this is less efficient (£114.4k)

£50.3k - Townley Insurance Brokers Limited

£114.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 68 days, this is near the average (71 days)

68 days - Townley Insurance Brokers Limited

71 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 190 days, this is slower than average (100 days)

190 days - Townley Insurance Brokers Limited

100 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Townley Insurance Brokers Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 58 weeks, this is more cash available to meet short term requirements (35 weeks)

58 weeks - Townley Insurance Brokers Limited

35 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 63.6%, this is a similar level of debt than the average (60.5%)

63.6% - Townley Insurance Brokers Limited

60.5% - Industry AVG

TOWNLEY INSURANCE BROKERS LIMITED financials

EXPORTms excel logo

Townley Insurance Brokers Limited's latest turnover from November 2023 is estimated at £100.6 thousand and the company has net assets of £16.1 thousand. According to their latest financial statements, Townley Insurance Brokers Limited has 2 employees and maintains cash reserves of £24.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014
Turnover100,57098,08192,887103,61294,88991,99684,96482,1367,8774,959
Other Income Or Grants0000000000
Cost Of Sales41,44636,81837,66040,53944,24535,95639,89934,7423,7822,383
Gross Profit59,12461,26355,22863,07450,64456,04045,06547,3944,0952,576
Admin Expenses41,98758,90455,49767,39750,88054,29743,72046,0135,499-909
Operating Profit17,1372,359-269-4,323-2361,7431,3451,381-1,4043,485
Interest Payable000001019725260
Interest Receivable1,000520158403010077
Pre-Tax Profit18,1372,879-254-4,315-1961,6731,2581,356-1,4233,492
Tax-4,534-547000-318-239-2710-733
Profit After Tax13,6032,332-254-4,315-1961,3551,0191,085-1,4232,759
Dividends Paid0000000000
Retained Profit13,6032,332-254-4,315-1961,3551,0191,085-1,4232,759
Employee Costs97,56598,19499,43596,52892,98487,79587,18184,28942,13540,428
Number Of Employees2222222211
EBITDA*17,5382,741-47-4,169-621,9401,6071,684-1,3463,485

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014
Tangible Assets1,1789351,3177115665907871,0491,0480
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets1,1789351,3177115665907871,0491,0480
Stock & work in progress0000000000
Trade Debtors18,77517,41214,76225,07016,38619,7973,4943,4293,4293,182
Group Debtors0000000000
Misc Debtors0000007,1733,47000
Cash24,15613,94620,7199,1646,1194,5003,50031902,887
misc current assets0000000000
total current assets42,93131,35835,48134,23422,50524,29714,1677,2183,4296,069
total assets44,10932,29336,79834,94523,07124,88714,9548,2674,4776,069
Bank overdraft0000002,97808010
Bank loan0000000000
Trade Creditors 21,64519,47222,34814,45718,37219,9920003,210
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000003,5593,2512,2400
total current liabilities21,64519,47222,34814,45718,37219,9926,5373,2513,0413,210
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities6,39910,35914,32020,104004,8772,49500
provisions0000000000
total long term liabilities6,39910,35914,32020,104004,8772,49500
total liabilities28,04429,83136,66834,56118,37219,99211,4145,7463,0413,210
net assets16,0652,4621303844,6994,8953,5402,5211,4362,859
total shareholders funds16,0652,4621303844,6994,8953,5402,5211,4362,859
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014
Operating Activities
Operating Profit17,1372,359-269-4,323-2361,7431,3451,381-1,4043,485
Depreciation401382222154174197262303580
Amortisation0000000000
Tax-4,534-547000-318-239-2710-733
Stock0000000000
Debtors1,3632,650-10,3088,684-3,4119,1303,7683,4702473,182
Creditors2,173-2,8767,891-3,915-1,62019,99200-3,2103,210
Accruals and Deferred Income00000-3,5593081,0112,2400
Deferred Taxes & Provisions0000000000
Cash flow from operations13,814-3,33218,152-16,7681,7298,925-2,092-1,046-2,5632,780
Investing Activities
capital expenditure-6440-828-299-15000-304-1,1060
Change in Investments0000000000
cash flow from investments-6440-828-299-15000-304-1,1060
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities-3,960-3,961-5,78420,1040-4,8772,3822,49500
share issue000000000100
interest1,00052015840-71-87-25-197
cash flow from financing-2,960-3,441-5,76920,11240-4,9482,2952,470-19107
cash and cash equivalents
cash10,210-6,77311,5553,0451,6191,0003,181319-2,8872,887
overdraft00000-2,9782,978-8018010
change in cash10,210-6,77311,5553,0451,6193,9782031,120-3,6882,887

townley insurance brokers 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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Townley Insurance Brokers Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for townley insurance brokers limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in TA1 area or any other competitors across 12 key performance metrics.

townley insurance brokers limited Ownership

TOWNLEY INSURANCE BROKERS LIMITED group structure

Townley Insurance Brokers Limited has no subsidiary companies.

Ultimate parent company

TOWNLEY INSURANCE BROKERS LIMITED

08763799

TOWNLEY INSURANCE BROKERS LIMITED Shareholders

elizabeth rosemarie parry 50%
adam thomas townley 50%

townley insurance brokers limited directors

Townley Insurance Brokers Limited currently has 2 directors. The longest serving directors include Mr Adam Townley (Nov 2013) and Mrs Elizabeth Townley (Jun 2015).

officercountryagestartendrole
Mr Adam TownleyEngland46 years Nov 2013- Director
Mrs Elizabeth TownleyEngland49 years Jun 2015- Director

P&L

November 2023

turnover

100.6k

+3%

operating profit

17.1k

0%

gross margin

58.8%

-5.88%

turnover

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

Balance Sheet

November 2023

net assets

16.1k

+5.53%

total assets

44.1k

+0.37%

cash

24.2k

+0.73%

net assets

Total assets minus all liabilities

townley insurance brokers limited company details

company number

08763799

Type

Private limited with Share Capital

industry

66220 - Activities of insurance agents and brokers

incorporation date

November 2013

age

11

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

19 staplegrove road, taunton, somerset, TA1 1DE

Bank

-

Legal Advisor

-

townley insurance brokers 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 townley insurance brokers limited.

townley insurance brokers 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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townley insurance brokers limited Companies House Filings - See Documents

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