Pomanda estimates the enterprise value of PIKL INSURANCE SERVICES LIMITED at £3.9m based on a Turnover of £4.2m and 0.94x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PIKL INSURANCE SERVICES LIMITED at £0 based on an EBITDA of £-1.8m and a 5.12x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PIKL INSURANCE SERVICES LIMITED at £6.3m based on Net Assets of £3.3m and 1.94x industry multiple (adjusted for liquidity).
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Pikl Insurance Services LimitedOverview
Pikl Insurance Services Limited is a live company located in norwich, NR3 1AB with a Companies House number of 10449346. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in October 2016, it's largest shareholder is
louise sarah birritteri
with a 34.2% stake. Pikl Insurance Services Limited is a young,
small sized company, Pomanda has estimated its turnover at
£4.2m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Pikl Insurance Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
4 Regular
2 Weak
Size
annual sales of £4.2m, make it larger than the average company (£3m)
£4.2m - Pikl Insurance Services Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (6.9%)
46% - Pikl Insurance Services Limited
6.9% - Industry AVG
Production
with a gross margin of 95.3%, this company has a comparable cost of product (95.3%)
95.3% - Pikl Insurance Services Limited
95.3% - Industry AVG
Profitability
an operating margin of -44.5% make it less profitable than the average company (19.2%)
-44.5% - Pikl Insurance Services Limited
19.2% - Industry AVG
Employees
with 38 employees, this is above the industry average (19)
38 - Pikl Insurance Services Limited
19 - Industry AVG
Pay Structure
on an average salary of £52.9k, the company has an equivalent pay structure (£52.9k)
£52.9k - Pikl Insurance Services Limited
£52.9k - Industry AVG
Efficiency
resulting in sales per employee of £110k, this is equally as efficient (£125.8k)
£110k - Pikl Insurance Services Limited
£125.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Pikl Insurance Services Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 118 days, this is quicker than average (150 days)
118 days - Pikl Insurance Services Limited
150 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Pikl Insurance Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 27 weeks, this is average cash available to meet short term requirements (33 weeks)
27 weeks - Pikl Insurance Services Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.3%, this is a lower level of debt than the average (58.3%)
9.3% - Pikl Insurance Services Limited
58.3% - Industry AVG
PIKL INSURANCE SERVICES LIMITED financials
EXPORT
Pikl Insurance Services Limited's latest turnover from December 2023 is estimated at £4.2 million and the company has net assets of £3.3 million. According to their latest financial statements, Pikl Insurance Services Limited has 38 employees and maintains cash reserves of £181.4 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
Dec 2017
Turnover
4,179,885
2,941,474
1,572,888
1,337,960
762,488
1,035
17
Other Income Or Grants
Cost Of Sales
195,083
164,542
160,040
144,011
97,121
129
2
Gross Profit
3,984,801
2,776,931
1,412,848
1,193,949
665,367
906
15
Admin Expenses
5,843,909
4,333,600
2,633,078
3,275,646
2,183,566
64,538
103,924
Operating Profit
-1,859,108
-1,556,669
-1,220,230
-2,081,697
-1,518,199
-63,632
-103,909
Interest Payable
821
859
607
296
2,869
4,725
1,788
Interest Receivable
25,687
24,245
2,149
859
3,574
1,416
29
Pre-Tax Profit
-1,834,241
-1,533,283
-1,218,688
-2,081,134
-1,517,494
-66,941
-105,667
Tax
Profit After Tax
-1,834,241
-1,533,283
-1,218,688
-2,081,134
-1,517,494
-66,941
-105,667
Dividends Paid
Retained Profit
-1,834,241
-1,533,283
-1,218,688
-2,081,134
-1,517,494
-66,941
-105,667
Employee Costs
2,010,673
1,442,490
1,217,257
1,055,112
584,388
47,673
45,255
Number Of Employees
38
29
24
21
12
1
1
EBITDA*
-1,758,806
-1,484,099
-1,151,016
-2,058,026
-1,502,549
-63,632
-103,909
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Tangible Assets
29,935
73,439
115,554
188,130
77,202
Intangible Assets
581,065
6,128
6,128
6,128
6,128
6,128
Investments & Other
108
108
107
100
Debtors (Due After 1 year)
2,355,239
1,528,523
1,080,651
Total Fixed Assets
2,966,347
1,608,198
1,202,440
194,358
83,330
6,128
Stock & work in progress
Trade Debtors
1,090
7,608
2,991
Group Debtors
6,939
25,033
54,750
Misc Debtors
457,206
833,550
9,692
28,735
7,324
3,280
2,819
Cash
181,352
797,213
588,198
1,130,621
587,058
366,007
11,674
misc current assets
total current assets
645,497
1,655,796
653,730
1,166,964
597,373
369,287
14,493
total assets
3,611,844
3,263,994
1,856,170
1,361,322
680,703
375,415
14,493
Bank overdraft
6,219
8,371
9,707
9,707
Bank loan
Trade Creditors
63,464
106,204
108,151
68,982
76,615
3,283
60
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
267,534
247,134
206,443
56,272
4,452
716
total current liabilities
337,217
361,709
324,301
134,961
81,067
3,999
60
loans
85,000
55,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
85,000
55,000
total liabilities
337,217
361,709
324,301
134,961
81,067
88,999
55,060
net assets
3,274,627
2,902,285
1,531,869
1,226,361
599,636
286,416
-40,567
total shareholders funds
3,274,627
2,902,285
1,531,869
1,226,361
599,636
286,416
-40,567
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Operating Activities
Operating Profit
-1,859,108
-1,556,669
-1,220,230
-2,081,697
-1,518,199
-63,632
-103,909
Depreciation
48,035
72,570
69,214
23,671
15,650
Amortisation
52,267
Tax
Stock
Debtors
432,278
1,240,923
1,109,840
26,028
7,035
461
2,819
Creditors
-42,740
-1,947
39,169
-7,633
73,332
3,223
60
Accruals and Deferred Income
20,400
40,691
150,171
51,820
3,736
716
Deferred Taxes & Provisions
Cash flow from operations
-2,213,424
-2,686,278
-2,071,516
-2,039,867
-1,432,516
-60,154
-106,668
Investing Activities
capital expenditure
-631,735
-30,455
3,362
-134,599
-92,852
-6,128
Change in Investments
1
7
100
cash flow from investments
-631,735
-30,456
3,355
-134,699
-92,852
-6,128
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-85,000
30,000
55,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2,206,583
2,903,699
1,524,196
2,707,859
1,830,714
393,924
65,100
interest
24,866
23,386
1,542
563
705
-3,309
-1,759
cash flow from financing
2,231,449
2,927,085
1,525,738
2,708,422
1,746,419
420,615
118,341
cash and cash equivalents
cash
-615,861
209,015
-542,423
543,563
221,051
354,333
11,674
overdraft
-2,152
-1,336
9,707
change in cash
-613,709
210,351
-542,423
533,856
221,051
354,333
11,674
pikl insurance 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 pikl insurance services limited. Get real-time insights into pikl insurance services limited's credit score, group structure and payment trends.
Perform a competitor analysis for pikl insurance services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in NR3 area or any other competitors across 12 key performance metrics.
pikl insurance services limited Ownership
PIKL INSURANCE SERVICES LIMITED group structure
Pikl Insurance Services Limited has no subsidiary companies.
Ultimate parent company
PIKL INSURANCE SERVICES LIMITED
10449346
PIKL INSURANCE SERVICES LIMITED Shareholders
The largest shareholders in Pikl Insurance Services Limited include Louise Sarah Birritteri and Sir Peter Wood.
louise sarah birritteri
34.25%
sir peter wood
7.64%
seedrs nominees limited
3.72%
andrew crossley
3.31%
the original holding company limited
2.85%
evelyn bourke
2.43%
esure services limited
2.32%
ian donaldson
2.22%
julian kearney
2.11%
jonathan kirk
2.03%
pikl insurance services limited directors
Pikl Insurance Services Limited currently has 5 directors.
The longest serving directors include
Ms Louise Birritteri (Oct 2016) and
Mr Richard Savelli (Feb 2017).
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 2 charges/mortgages relating to pikl insurance services limited. Currently there are 2 open charges and 0 have been satisfied in the past.
pikl insurance services 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.
Click to start generating capital raising & share issue transactions for PIKL INSURANCE SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
pikl insurance services limitedCompanies House Filings - See Documents
