compass broker networks limited
compass broker networks limited Company Information
Company Number
10118181
Next Accounts
Sep 2025
Shareholders
john edward lincoln
Group Structure
View All
Industry
Activities of insurance agents and brokers
Registered Address
2nd floor the hamlet, hornbeam park, harrogate, HG2 8RE
Website
www.compassuk.co.ukcompass broker networks limited Estimated Valuation
Pomanda estimates the enterprise value of COMPASS BROKER NETWORKS LIMITED at £3.1m based on a Turnover of £3.8m and 0.82x industry multiple (adjusted for size and gross margin).
compass broker networks limited Estimated Valuation
Pomanda estimates the enterprise value of COMPASS BROKER NETWORKS LIMITED at £12.9m based on an EBITDA of £2.8m and a 4.56x industry multiple (adjusted for size and gross margin).
compass broker networks limited Estimated Valuation
Pomanda estimates the enterprise value of COMPASS BROKER NETWORKS LIMITED at £22.9m based on Net Assets of £13.3m and 1.72x industry multiple (adjusted for liquidity).
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Compass Broker Networks Limited Overview
Compass Broker Networks Limited is a live company located in harrogate, HG2 8RE with a Companies House number of 10118181. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in April 2016, it's largest shareholder is john edward lincoln with a 100% stake. Compass Broker Networks Limited is a young, small sized company, Pomanda has estimated its turnover at £3.8m with low growth in recent years.
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Compass Broker Networks Limited Health Check
Pomanda's financial health check has awarded Compass Broker Networks 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
1 Regular
3 Weak
Size
annual sales of £3.8m, make it larger than the average company (£3m)
£3.8m - Compass Broker Networks Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (6.9%)
2% - Compass Broker Networks Limited
6.9% - Industry AVG
Production
with a gross margin of 60.8%, this company has a higher cost of product (95.3%)
60.8% - Compass Broker Networks Limited
95.3% - Industry AVG
Profitability
an operating margin of 74.6% make it more profitable than the average company (19.3%)
74.6% - Compass Broker Networks Limited
19.3% - Industry AVG
Employees
with 16 employees, this is similar to the industry average (19)
- Compass Broker Networks Limited
19 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Compass Broker Networks Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £237.6k, this is more efficient (£125.7k)
- Compass Broker Networks Limited
£125.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Compass Broker Networks Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Compass Broker Networks Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Compass Broker Networks Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (33 weeks)
0 weeks - Compass Broker Networks Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.2%, this is a lower level of debt than the average (58.1%)
14.2% - Compass Broker Networks Limited
58.1% - Industry AVG
COMPASS BROKER NETWORKS LIMITED financials
Compass Broker Networks Limited's latest turnover from December 2023 is £3.8 million and the company has net assets of £13.3 million. According to their latest financial statements, we estimate that Compass Broker Networks Limited has 16 employees and maintains cash reserves of £39 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 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 3,802,000 | 3,787,000 | 3,286,000 | 3,602,000 | 3,483,000 | 4,183,000 | |
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | 2,838,000 | 3,047,000 | 2,545,000 | ||||
| Interest Payable | |||||||
| Interest Receivable | 1,000 | ||||||
| Pre-Tax Profit | 2,838,000 | 3,048,000 | 2,545,000 | 2,586,000 | 1,804,000 | 1,721,000 | |
| Tax | -668,000 | -579,000 | -484,000 | -493,000 | -347,000 | -333,000 | |
| Profit After Tax | 2,170,000 | 2,469,000 | 2,061,000 | 2,093,000 | 1,457,000 | 1,388,000 | |
| Dividends Paid | |||||||
| Retained Profit | 2,170,000 | 2,469,000 | 2,061,000 | 2,093,000 | 1,457,000 | 1,388,000 | |
| Employee Costs | |||||||
| Number Of Employees | |||||||
| EBITDA* | 2,838,000 | 3,047,000 | 2,545,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | 43,594 | ||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 43,594 | ||||||
| Stock & work in progress | |||||||
| Trade Debtors | 7,547,000 | 4,956,000 | |||||
| Group Debtors | 13,653,000 | 11,261,000 | 11,290,000 | 7,954,000 | 1,953,126 | ||
| Misc Debtors | 1,821,000 | 1,933,000 | 1,079,000 | 1,802,000 | 767,968 | ||
| Cash | 39,000 | 323,000 | 437,000 | 1,668,000 | 1,016,000 | 454,000 | 874,012 |
| misc current assets | |||||||
| total current assets | 15,513,000 | 13,517,000 | 12,806,000 | 11,424,000 | 8,563,000 | 5,410,000 | 3,595,106 |
| total assets | 15,513,000 | 13,517,000 | 12,806,000 | 11,424,000 | 8,563,000 | 5,410,000 | 3,638,700 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 3,745,000 | ||||||
| Group/Directors Accounts | 1,985,000 | 2,158,000 | 2,658,000 | 2,627,000 | 1,139,777 | ||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 213,000 | 214,000 | 1,472,000 | 2,182,000 | 296,000 | 2,345,000 | 821,913 |
| total current liabilities | 2,198,000 | 2,372,000 | 4,130,000 | 4,809,000 | 4,041,000 | 2,345,000 | 1,961,690 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | |||||||
| total liabilities | 2,198,000 | 2,372,000 | 4,130,000 | 4,809,000 | 4,041,000 | 2,345,000 | 1,961,690 |
| net assets | 13,315,000 | 11,145,000 | 8,676,000 | 6,615,000 | 4,522,000 | 3,065,000 | 1,677,010 |
| total shareholders funds | 13,315,000 | 11,145,000 | 8,676,000 | 6,615,000 | 4,522,000 | 3,065,000 | 1,677,010 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 2,838,000 | 3,047,000 | 2,545,000 | ||||
| Depreciation | |||||||
| Amortisation | 6,229 | ||||||
| Tax | -668,000 | -579,000 | -484,000 | -493,000 | -347,000 | -333,000 | |
| Stock | |||||||
| Debtors | 2,280,000 | 825,000 | 2,613,000 | 2,209,000 | 2,591,000 | 2,234,906 | 2,721,094 |
| Creditors | -3,745,000 | 3,745,000 | |||||
| Accruals and Deferred Income | -1,000 | -1,258,000 | -710,000 | 1,886,000 | -2,049,000 | 1,523,087 | 821,913 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | -111,000 | 385,000 | -1,262,000 | ||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | -173,000 | -500,000 | 31,000 | 2,627,000 | -1,139,777 | 1,139,777 | |
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | 1,000 | ||||||
| cash flow from financing | -173,000 | -499,000 | 31,000 | 2,627,000 | -1,139,787 | ||
| cash and cash equivalents | |||||||
| cash | -284,000 | -114,000 | -1,231,000 | 652,000 | 562,000 | -420,012 | 874,012 |
| overdraft | |||||||
| change in cash | -284,000 | -114,000 | -1,231,000 | 652,000 | 562,000 | -420,012 | 874,012 |
compass broker networks limited Credit Report and Business Information
Compass Broker Networks Limited Competitor Analysis
Perform a competitor analysis for compass broker networks limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in HG2 area or any other competitors across 12 key performance metrics.
compass broker networks limited Ownership
COMPASS BROKER NETWORKS LIMITED group structure
Compass Broker Networks Limited has no subsidiary companies.
Ultimate parent company
NEVADA 4 MIDCO 1 LTD
#0102909
2 parents
COMPASS BROKER NETWORKS LIMITED
10118181
compass broker networks limited directors
Compass Broker Networks Limited currently has 2 directors. The longest serving directors include Mr Andrew Mintern (Aug 2023) and Mr Scott Bennett (Aug 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Mintern | United Kingdom | 66 years | Aug 2023 | - | Director |
| Mr Scott Bennett | United Kingdom | 51 years | Aug 2023 | - | Director |
P&L
December 2023turnover
3.8m
0%
operating profit
2.8m
-7%
gross margin
60.8%
-1.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
13.3m
+0.19%
total assets
15.5m
+0.15%
cash
39k
-0.88%
net assets
Total assets minus all liabilities
compass broker networks limited company details
company number
10118181
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
2nd floor the hamlet, hornbeam park, harrogate, HG2 8RE
Bank
-
Legal Advisor
-
compass broker networks 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 3 charges/mortgages relating to compass broker networks limited. Currently there are 0 open charges and 3 have been satisfied in the past.
compass broker networks 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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compass broker networks limited Companies House Filings - See Documents
| date | description | view/download |
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