Pomanda estimates the enterprise value of INSYNC INSURANCE SOLUTIONS LIMITED at £10.3m based on a Turnover of £11m and 0.94x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of INSYNC INSURANCE SOLUTIONS LIMITED at £22m based on an EBITDA of £3.7m and a 5.96x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of INSYNC INSURANCE SOLUTIONS LIMITED at £13.9m based on Net Assets of £6.7m and 2.06x industry multiple (adjusted for liquidity).
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Insync Insurance Solutions LimitedOverview
Insync Insurance Solutions Limited is a live company located in london, EC3R 7NE with a Companies House number of 08810662. It operates in the other activities auxiliary to insurance and pension funding sector, SIC Code 66290. Founded in December 2013, it's largest shareholder is
grp retail holdco limited
with a 100% stake. Insync Insurance Solutions Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£11m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Insync Insurance Solutions Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
1 Regular
2 Weak
Size
annual sales of £11m, make it larger than the average company (£1.7m)
£11m - Insync Insurance Solutions Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (7%)
41% - Insync Insurance Solutions Limited
7% - Industry AVG
Production
with a gross margin of 89.6%, this company has a comparable cost of product (100%)
89.6% - Insync Insurance Solutions Limited
100% - Industry AVG
Profitability
an operating margin of 29.1% make it more profitable than the average company (10.4%)
29.1% - Insync Insurance Solutions Limited
10.4% - Industry AVG
Employees
with 126 employees, this is above the industry average (9)
126 - Insync Insurance Solutions Limited
9 - Industry AVG
Pay Structure
on an average salary of £36.5k, the company has a lower pay structure (£59.8k)
£36.5k - Insync Insurance Solutions Limited
£59.8k - Industry AVG
Efficiency
resulting in sales per employee of £86.9k, this is less efficient (£124.2k)
£86.9k - Insync Insurance Solutions Limited
£124.2k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (50 days)
6 days - Insync Insurance Solutions Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 622 days, this is slower than average (63 days)
622 days - Insync Insurance Solutions Limited
63 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Insync Insurance Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 28 weeks, this is less cash available to meet short term requirements (42 weeks)
28 weeks - Insync Insurance Solutions Limited
42 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.8%, this is a lower level of debt than the average (55.3%)
46.8% - Insync Insurance Solutions Limited
55.3% - Industry AVG
INSYNC INSURANCE SOLUTIONS LIMITED financials
EXPORT
Insync Insurance Solutions Limited's latest turnover from December 2023 is £11 million and the company has net assets of £6.7 million. According to their latest financial statements, Insync Insurance Solutions Limited has 126 employees and maintains cash reserves of £3.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Mar 2022
Mar 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Turnover
10,951,589
7,509,408
6,942,641
2,087,154
3,912,827
3,205,984
1,916,853
1,015,852
492,542
166,332
8,839
Other Income Or Grants
Cost Of Sales
1,142,306
647,643
629,479
238,968
559,441
35,032
39,750
39,954
41,356
32,579
857
Gross Profit
9,809,283
6,861,765
6,313,162
1,848,186
3,353,386
3,170,952
1,877,103
975,898
451,186
133,753
7,982
Admin Expenses
6,618,183
4,861,509
4,079,542
1,614,863
2,649,324
3,160,510
2,103,958
993,933
477,276
322,273
26,352
Operating Profit
3,191,100
2,000,256
2,233,620
233,323
704,062
10,442
-226,855
-18,035
-26,090
-188,520
-18,370
Interest Payable
Interest Receivable
3,888
1,130
156
291
14
Pre-Tax Profit
3,191,100
2,000,256
1,823,771
233,323
704,062
14,330
-225,725
-17,879
-25,799
-118,506
-18,370
Tax
-706,240
-360,280
-391,999
-118,318
-66,155
-40,865
15,662
2,776
280
23,701
3,674
Profit After Tax
2,484,860
1,639,976
1,431,772
115,005
637,907
-26,535
-210,063
-15,103
-25,519
-94,805
-14,696
Dividends Paid
Retained Profit
2,484,860
1,639,976
1,431,772
115,005
637,907
-26,535
-210,063
-15,103
-25,519
-94,805
-14,696
Employee Costs
4,594,718
3,388,239
3,117,832
1,162,260
1,878,566
1,786,000
1,692,540
1,071,883
587,023
157,705
21,389
Number Of Employees
126
124
118
74
60
38
38
24
13
8
1
EBITDA*
3,680,213
2,231,300
2,411,831
284,138
798,240
56,602
-226,855
-8,056
-21,613
-186,085
-17,829
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Mar 2022
Mar 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Tangible Assets
659,489
654,919
453,082
158,690
123,092
124,315
72,977
71,493
37,637
18,529
18,029
Intangible Assets
1,157,702
674,233
468,230
292,217
275,849
163,189
51,860
Investments & Other
2,550
Debtors (Due After 1 year)
Total Fixed Assets
1,817,191
1,329,152
921,312
450,907
401,491
287,504
124,837
71,493
37,637
18,529
18,029
Stock & work in progress
Trade Debtors
202,925
200,721
1,248,222
254,101
868,874
607,708
612,649
455,836
210,754
45,161
7,471
Group Debtors
6,826,933
4,291,188
2,834,572
16,428
183
Misc Debtors
564,066
233,657
330,559
126,234
33,533
151,903
245,945
127,308
95,765
65,420
10,656
Cash
3,239,907
2,919,188
1,801,793
1,510,599
2,001,643
1,253,065
792,238
311,380
102,632
31,139
7,482
misc current assets
total current assets
10,833,831
7,644,754
6,215,146
1,907,362
2,904,050
2,012,859
1,650,832
894,524
409,151
141,720
25,609
total assets
12,651,022
8,973,906
7,136,458
2,358,269
3,305,541
2,300,363
1,775,669
966,017
446,788
160,249
43,638
Bank overdraft
Bank loan
Trade Creditors
1,946,893
1,954,435
1,875,074
743,305
1,854,212
1,776,040
1,269,187
646,565
251,424
62,937
15,311
Group/Directors Accounts
1,814,327
1,749,404
1,725,165
199,470
39,465
other short term finances
hp & lease commitments
other current liabilities
2,160,057
1,021,407
876,398
448,454
399,842
110,743
266,367
169,275
30,084
7,143
3,358
total current liabilities
5,921,277
4,725,246
4,476,637
1,191,759
2,254,054
1,886,783
1,535,554
815,840
281,508
269,550
58,134
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
9,455
61,539
total long term liabilities
9,455
61,539
total liabilities
5,921,277
4,734,701
4,538,176
1,191,759
2,254,054
1,886,783
1,535,554
815,840
281,508
269,550
58,134
net assets
6,729,745
4,239,205
2,598,282
1,166,510
1,051,487
413,580
240,115
150,177
165,280
-109,301
-14,496
total shareholders funds
6,729,745
4,239,205
2,598,282
1,166,510
1,051,487
413,580
240,115
150,177
165,280
-109,301
-14,496
Dec 2023
Dec 2022
Mar 2022
Mar 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Operating Activities
Operating Profit
3,191,100
2,000,256
2,233,620
233,323
704,062
10,442
-226,855
-18,035
-26,090
-188,520
-18,370
Depreciation
126,188
122,803
78,387
50,815
94,178
28,058
9,979
4,477
2,435
541
Amortisation
362,925
108,241
99,824
18,102
Tax
-706,240
-360,280
-391,999
-118,318
-66,155
-40,865
15,662
2,776
280
23,701
3,674
Stock
Debtors
2,868,358
4,328,803
4,016,590
-505,644
142,613
-98,800
275,450
276,625
195,938
92,454
18,127
Creditors
-7,542
1,211,130
1,131,769
-1,110,907
78,172
506,853
622,622
395,141
188,487
47,626
15,311
Accruals and Deferred Income
1,138,650
572,953
427,944
48,612
289,099
-155,624
97,092
139,191
22,941
3,785
3,358
Deferred Taxes & Provisions
-9,455
9,455
61,539
Cash flow from operations
1,227,268
-664,245
-375,506
-390,831
956,743
465,766
233,071
252,427
-5,843
-203,427
-13,613
Investing Activities
capital expenditure
-977,152
-1,109,289
-648,616
-102,781
-205,615
-208,827
-53,344
-43,835
-23,585
-2,935
-18,570
Change in Investments
-2,550
2,550
cash flow from investments
-977,152
-1,109,289
-648,616
-100,231
-208,165
-208,827
-53,344
-43,835
-23,585
-2,935
-18,570
Financing Activities
Bank loans
Group/Directors Accounts
64,923
1,749,404
1,725,165
-199,470
160,005
39,465
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
5,680
1,432,719
18
200,000
300,001
300,100
200
interest
3,888
1,130
156
291
14
cash flow from financing
70,603
3,182,123
1,725,165
18
203,888
301,131
156
100,921
160,019
39,665
cash and cash equivalents
cash
320,719
1,408,589
291,194
-491,044
748,578
460,827
480,858
208,748
71,493
23,657
7,482
overdraft
change in cash
320,719
1,408,589
291,194
-491,044
748,578
460,827
480,858
208,748
71,493
23,657
7,482
insync insurance solutions limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for insync insurance solutions limited. Get real-time insights into insync insurance solutions limited's credit score, group structure and payment trends.
Perform a competitor analysis for insync insurance solutions limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in EC3R area or any other competitors across 12 key performance metrics.
insync insurance solutions limited Ownership
INSYNC INSURANCE SOLUTIONS LIMITED group structure
Insync Insurance Solutions Limited has 1 subsidiary company.
The sole shareholder of Insync Insurance Solutions Limited is Grp Retail Holdco Limited.
grp retail holdco limited
100%
insync insurance solutions limited directors
Insync Insurance Solutions Limited currently has 4 directors.
The longest serving directors include
Mr Jon Norman (Dec 2013) and
Mr Ian Ross (Mar 2022).
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 insync insurance solutions limited. Currently there are 0 open charges and 1 have been satisfied in the past.
insync insurance solutions 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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insync insurance solutions limitedCompanies House Filings - See Documents
