Pomanda estimates the enterprise value of CHAUCER UNDERWRITING SERVICES LIMITED at £356.9m based on a Turnover of £204.4m and 1.75x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of CHAUCER UNDERWRITING SERVICES LIMITED at £235.8m based on an EBITDA of £21.2m and a 11.12x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of CHAUCER UNDERWRITING SERVICES LIMITED at £79.6m based on Net Assets of £38.6m and 2.06x industry multiple (adjusted for liquidity).
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Chaucer Underwriting Services LimitedOverview
Chaucer Underwriting Services Limited is a live company located in london, EC3M 7AF with a Companies House number of 10387872. It operates in the other activities auxiliary to insurance and pension funding sector, SIC Code 66290. Founded in September 2016, it's largest shareholder is
chaucer capital investments limited
with a 100% stake. Chaucer Underwriting Services Limited is a young,
mega sized company, Pomanda has estimated its turnover at
£204.4m with
high
growth in recent years.
Chaucer Underwriting Services Limited Health Check
Pomanda's financial health check has awarded Chaucer Underwriting Services Limited a 3.5 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
Health Rating3.5out of 5
4 Strong
2 Regular
3 Weak
Size
annual sales of £204.4m, make it larger than the average company (£1.7m)
£204.4m - Chaucer Underwriting Services Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (7%)
20% - Chaucer Underwriting Services Limited
7% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
100% - Chaucer Underwriting Services Limited
100% - Industry AVG
Profitability
an operating margin of 9.1% make it as profitable than the average company (10.4%)
9.1% - Chaucer Underwriting Services Limited
10.4% - Industry AVG
Employees
with 510 employees, this is above the industry average (9)
510 - Chaucer Underwriting Services Limited
9 - Industry AVG
Pay Structure
on an average salary of £212k, the company has a higher pay structure (£59.8k)
£212k - Chaucer Underwriting Services Limited
£59.8k - Industry AVG
Efficiency
resulting in sales per employee of £400.9k, this is more efficient (£124.2k)
£400.9k - Chaucer Underwriting Services Limited
£124.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Chaucer Underwriting Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Chaucer Underwriting Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Chaucer Underwriting Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (42 weeks)
1 weeks - Chaucer Underwriting Services Limited
42 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.2%, this is a higher level of debt than the average (55.3%)
77.2% - Chaucer Underwriting Services Limited
55.3% - Industry AVG
CHAUCER UNDERWRITING SERVICES LIMITED financials
EXPORT
Chaucer Underwriting Services Limited's latest turnover from December 2023 is £204.4 million and the company has net assets of £38.6 million. According to their latest financial statements, Chaucer Underwriting Services Limited has 510 employees and maintains cash reserves of £3 million 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
Turnover
204,434,000
155,787,000
160,657,000
117,989,000
108,297,000
122,102,000
55,264,000
Other Income Or Grants
Cost Of Sales
Gross Profit
204,434,000
155,787,000
160,657,000
117,989,000
108,297,000
122,102,000
55,264,000
Admin Expenses
185,827,000
147,642,000
143,477,000
105,514,000
97,984,000
104,340,000
45,898,179
Operating Profit
18,607,000
8,145,000
17,180,000
12,475,000
10,313,000
17,762,000
9,365,821
Interest Payable
3,000
2,000
800,000
936,000
Interest Receivable
9,000
12,000
9,000
11,000
Pre-Tax Profit
18,616,000
8,142,000
17,178,000
11,687,000
9,386,000
17,773,000
6,437,000
Tax
-3,237,000
4,073,000
-1,469,000
-1,950,000
-2,191,000
1,012,000
1,151,000
Profit After Tax
15,379,000
12,215,000
15,709,000
9,737,000
7,195,000
18,785,000
7,588,000
Dividends Paid
43,000,000
5,000,000
Retained Profit
15,379,000
-30,785,000
15,709,000
9,737,000
7,195,000
13,785,000
7,588,000
Employee Costs
108,097,000
80,781,000
84,395,000
53,876,000
60,070,000
69,390,000
47,159,000
Number Of Employees
510
467
455
449
407
334
345
EBITDA*
21,218,000
11,105,000
19,751,000
14,547,000
11,752,000
19,551,000
9,365,821
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Tangible Assets
4,085,000
6,161,000
7,910,000
2,501,000
1,121,000
650,000
1,172,000
Intangible Assets
1,531,000
3,139,000
2,262,000
2,369,000
2,445,000
3,101,000
3,854,000
Investments & Other
Debtors (Due After 1 year)
16,175,000
10,642,000
6,685,000
4,050,000
3,241,000
1,593,000
983,000
Total Fixed Assets
21,791,000
19,942,000
16,857,000
8,920,000
6,807,000
5,344,000
6,009,000
Stock & work in progress
Trade Debtors
Group Debtors
128,786,000
93,690,000
134,320,000
76,087,000
54,261,000
78,055,000
15,148,000
Misc Debtors
16,098,000
9,874,000
8,061,000
5,743,000
7,121,000
4,184,000
672,000
Cash
2,973,000
1,401,000
6,531,000
5,626,000
12,218,000
1,244,000
832,000
misc current assets
total current assets
147,857,000
104,965,000
148,912,000
87,456,000
73,600,000
83,483,000
16,652,000
total assets
169,648,000
124,907,000
165,769,000
96,376,000
80,407,000
88,827,000
22,661,000
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
17,322,000
17,682,000
32,719,000
17,209,000
8,006,000
2,127,000
4,234,000
other short term finances
hp & lease commitments
other current liabilities
79,595,000
60,138,000
59,255,000
29,411,000
34,018,000
60,888,000
5,567,000
total current liabilities
96,917,000
77,820,000
91,974,000
46,620,000
42,024,000
63,015,000
9,801,000
loans
hp & lease commitments
Accruals and Deferred Income
33,384,000
23,316,000
19,436,000
11,451,000
9,815,000
4,439,000
5,272,000
other liabilities
provisions
739,000
542,000
345,000
total long term liabilities
34,123,000
23,858,000
19,781,000
11,451,000
9,815,000
4,439,000
5,272,000
total liabilities
131,040,000
101,678,000
111,755,000
58,071,000
51,839,000
67,454,000
15,073,000
net assets
38,608,000
23,229,000
54,014,000
38,305,000
28,568,000
21,373,000
7,588,000
total shareholders funds
38,608,000
23,229,000
54,014,000
38,305,000
28,568,000
21,373,000
7,588,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Operating Activities
Operating Profit
18,607,000
8,145,000
17,180,000
12,475,000
10,313,000
17,762,000
9,365,821
Depreciation
2,345,000
2,567,000
1,773,000
1,145,000
496,000
874,000
Amortisation
266,000
393,000
798,000
927,000
943,000
915,000
Tax
-3,237,000
4,073,000
-1,469,000
-1,950,000
-2,191,000
1,012,000
1,151,000
Stock
Debtors
46,853,000
-34,860,000
63,186,000
21,257,000
-19,209,000
67,029,000
16,803,000
Creditors
Accruals and Deferred Income
29,525,000
4,763,000
37,829,000
-2,971,000
-21,494,000
54,488,000
10,839,000
Deferred Taxes & Provisions
197,000
197,000
345,000
Cash flow from operations
850,000
54,998,000
-6,730,000
-11,631,000
7,276,000
8,022,000
4,552,821
Investing Activities
capital expenditure
1,073,000
-2,088,000
-7,873,000
-3,376,000
-1,254,000
-514,000
-5,026,000
Change in Investments
cash flow from investments
1,073,000
-2,088,000
-7,873,000
-3,376,000
-1,254,000
-514,000
-5,026,000
Financing Activities
Bank loans
Group/Directors Accounts
-360,000
-15,037,000
15,510,000
9,203,000
5,879,000
-2,107,000
4,234,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
9,000
-3,000
-2,000
-788,000
-927,000
11,000
cash flow from financing
-351,000
-15,040,000
15,508,000
8,415,000
4,952,000
-2,096,000
4,234,000
cash and cash equivalents
cash
1,572,000
-5,130,000
905,000
-6,592,000
10,974,000
412,000
832,000
overdraft
change in cash
1,572,000
-5,130,000
905,000
-6,592,000
10,974,000
412,000
832,000
chaucer underwriting services 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 chaucer underwriting services limited. Get real-time insights into chaucer underwriting services limited's credit score, group structure and payment trends.
Perform a competitor analysis for chaucer underwriting services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EC3M area or any other competitors across 12 key performance metrics.
chaucer underwriting services limited Ownership
CHAUCER UNDERWRITING SERVICES LIMITED group structure
Chaucer Underwriting Services Limited has no subsidiary companies.
The sole shareholder of Chaucer Underwriting Services Limited is Chaucer Capital Investments Limited.
chaucer capital investments limited
100%
chaucer underwriting services limited directors
Chaucer Underwriting Services Limited currently has 3 directors.
The longest serving directors include
Mr James Wright (Jun 2023) and
Mr Richard Milner (Jul 2024).
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 chaucer underwriting services limited.
chaucer underwriting services limited Capital Raised & Share Issues BETA
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chaucer underwriting services limitedCompanies House Filings - See Documents
