business insurance specialists limited
business insurance specialists limited Company Information
Company Number
09015223
Next Accounts
Sep 2025
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Shareholders
brown & brown retail holdco (europe) limited
Group Structure
View All
Contact
Registered Address
7th floor corn exchange, 55 mark lane, london, EC3R 7NE
Website
www.bisinsurance.co.ukbusiness insurance specialists limited Estimated Valuation
Pomanda estimates the enterprise value of BUSINESS INSURANCE SPECIALISTS LIMITED at £545k based on a Turnover of £627.1k and 0.87x industry multiple (adjusted for size and gross margin).
business insurance specialists limited Estimated Valuation
Pomanda estimates the enterprise value of BUSINESS INSURANCE SPECIALISTS LIMITED at £806.9k based on an EBITDA of £251.6k and a 3.21x industry multiple (adjusted for size and gross margin).
business insurance specialists limited Estimated Valuation
Pomanda estimates the enterprise value of BUSINESS INSURANCE SPECIALISTS LIMITED at £534.4k based on Net Assets of £406.7k and 1.31x industry multiple (adjusted for liquidity).
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Business Insurance Specialists Limited Overview
Business Insurance Specialists Limited is a live company located in london, EC3R 7NE with a Companies House number of 09015223. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2014, it's largest shareholder is brown & brown retail holdco (europe) limited with a 100% stake. Business Insurance Specialists Limited is a established, small sized company, Pomanda has estimated its turnover at £627.1k with healthy growth in recent years.
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Business Insurance Specialists Limited Health Check
Pomanda's financial health check has awarded Business Insurance Specialists Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £627.1k, make it smaller than the average company (£5.4m)
£627.1k - Business Insurance Specialists Limited
£5.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (5%)
- Business Insurance Specialists Limited
5% - Industry AVG
Production
with a gross margin of 18.6%, this company has a higher cost of product (59.2%)
18.6% - Business Insurance Specialists Limited
59.2% - Industry AVG
Profitability
an operating margin of 39.2% make it more profitable than the average company (9.1%)
39.2% - Business Insurance Specialists Limited
9.1% - Industry AVG
Employees
with 7 employees, this is below the industry average (15)
7 - Business Insurance Specialists Limited
15 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has a lower pay structure (£84.1k)
£41.8k - Business Insurance Specialists Limited
£84.1k - Industry AVG
Efficiency
resulting in sales per employee of £89.6k, this is less efficient (£233.4k)
£89.6k - Business Insurance Specialists Limited
£233.4k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (30 days)
3 days - Business Insurance Specialists Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is slower than average (34 days)
42 days - Business Insurance Specialists Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Business Insurance Specialists Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is less cash available to meet short term requirements (36 weeks)
20 weeks - Business Insurance Specialists Limited
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.3%, this is a lower level of debt than the average (58.8%)
33.3% - Business Insurance Specialists Limited
58.8% - Industry AVG
BUSINESS INSURANCE SPECIALISTS LIMITED financials
Business Insurance Specialists Limited's latest turnover from December 2023 is £627.1 thousand and the company has net assets of £406.7 thousand. According to their latest financial statements, Business Insurance Specialists Limited has 7 employees and maintains cash reserves of £78 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 627,054 | 654,417 | 513,024 | |||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | 245,810 | 171,545 | 282,336 | |||||||
| Interest Payable | 0 | 0 | 0 | |||||||
| Interest Receivable | 0 | 0 | 0 | |||||||
| Pre-Tax Profit | 245,810 | 171,545 | 282,336 | |||||||
| Tax | -60,052 | -60,350 | -54,409 | |||||||
| Profit After Tax | 185,758 | 111,195 | 227,927 | |||||||
| Dividends Paid | 0 | 60,000 | 142,000 | |||||||
| Retained Profit | 185,758 | 51,195 | 85,927 | |||||||
| Employee Costs | 292,668 | 291,629 | 160,185 | |||||||
| Number Of Employees | 7 | 8 | 9 | 6 | 5 | 5 | 5 | |||
| EBITDA* | 251,602 | 184,086 | 287,905 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 5,013 | 16,381 | 15,686 | 14,609 | 13,393 | 17,857 | 22,675 | 9,031 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 5,013 | 16,381 | 15,686 | 14,609 | 13,393 | 17,857 | 22,675 | 9,031 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,524 | 26,750 | 79,352 | 147,392 | 90,067 | 44,244 | 51,201 | 25,936 | 15,827 | 0 |
| Group Debtors | 502,900 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 10,148 | 18,802 | 15,110 | 0 | 2,001 | 2,485 | 0 | 0 | 0 | 0 |
| Cash | 77,988 | 339,967 | 337,586 | 0 | 0 | 0 | 0 | 25,177 | 39,151 | 0 |
| misc current assets | 11,728 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 609,288 | 385,519 | 432,048 | 147,392 | 92,068 | 46,729 | 51,201 | 51,113 | 54,978 | 0 |
| total assets | 609,288 | 390,532 | 448,429 | 163,078 | 106,677 | 60,122 | 69,058 | 73,788 | 64,009 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 59,177 | 83,403 | 210,732 | 79,276 | 41,941 | 37,398 | 34,265 | 31,534 | 26,085 | 0 |
| Group/Directors Accounts | 2,512 | 0 | 2,223 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 140,917 | 86,205 | 65,745 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 202,606 | 169,608 | 278,700 | 79,276 | 41,941 | 37,398 | 34,265 | 31,534 | 26,085 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,535 | 1,806 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,535 | 1,806 | 0 |
| total liabilities | 202,606 | 169,608 | 278,700 | 79,276 | 41,941 | 37,398 | 34,265 | 36,069 | 27,891 | 0 |
| net assets | 406,682 | 220,924 | 169,729 | 83,802 | 64,736 | 22,724 | 34,793 | 37,719 | 36,118 | 0 |
| total shareholders funds | 406,682 | 220,924 | 169,729 | 83,802 | 64,736 | 22,724 | 34,793 | 37,719 | 36,118 | 0 |
| Dec 2023 | Dec 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 245,810 | 171,545 | 282,336 | |||||||
| Depreciation | 5,792 | 12,541 | 5,569 | 7,557 | 3,011 | |||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | |||||
| Tax | -60,052 | -60,350 | -54,409 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 474,020 | -48,910 | -52,930 | 55,324 | 45,339 | -4,472 | 25,265 | 10,109 | 15,827 | 0 |
| Creditors | -24,226 | -127,329 | 131,456 | 37,335 | 4,543 | 3,133 | 2,731 | 5,449 | 26,085 | 0 |
| Accruals and Deferred Income | 54,712 | 20,460 | 65,745 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -4,535 | 2,729 | 1,806 | 0 |
| Cash flow from operations | -251,984 | 65,777 | 483,627 | |||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 2,512 | -2,223 | 2,223 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | |||||||
| cash flow from financing | 2,512 | -2,223 | 2,223 | |||||||
| cash and cash equivalents | ||||||||||
| cash | -261,979 | 2,381 | 337,586 | 0 | 0 | 0 | -25,177 | -13,974 | 39,151 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -261,979 | 2,381 | 337,586 | 0 | 0 | 0 | -25,177 | -13,974 | 39,151 | 0 |
business insurance specialists limited Credit Report and Business Information
Business Insurance Specialists Limited Competitor Analysis
Perform a competitor analysis for business insurance specialists limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC3R area or any other competitors across 12 key performance metrics.
business insurance specialists limited Ownership
BUSINESS INSURANCE SPECIALISTS LIMITED group structure
Business Insurance Specialists Limited has no subsidiary companies.
Ultimate parent company
2 parents
BUSINESS INSURANCE SPECIALISTS LIMITED
09015223
business insurance specialists limited directors
Business Insurance Specialists Limited currently has 3 directors. The longest serving directors include Mr Roger Stevens (Apr 2014) and Mr Andrew Halstead (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Roger Stevens | England | 53 years | Apr 2014 | - | Director |
| Mr Andrew Halstead | 59 years | Mar 2016 | - | Director | |
| Mr Alastair Christopherson | England | 56 years | Oct 2022 | - | Director |
P&L
December 2023turnover
627.1k
-4%
operating profit
245.8k
+43%
gross margin
18.7%
-15.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
406.7k
+0.84%
total assets
609.3k
+0.56%
cash
78k
-0.77%
net assets
Total assets minus all liabilities
business insurance specialists limited company details
company number
09015223
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
April 2014
age
10
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
business i.s. broking limited (November 2017)
accountant
-
auditor
-
address
7th floor corn exchange, 55 mark lane, london, EC3R 7NE
Bank
-
Legal Advisor
-
business insurance specialists 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 business insurance specialists limited.
business insurance specialists limited Capital Raised & Share Issues BETA
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business insurance specialists limited Companies House Filings - See Documents
| date | description | view/download |
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