accelerant services uk limited
accelerant services uk limited Company Information
Company Number
11600457
Next Accounts
Sep 2025
Industry
Other activities auxiliary to insurance and pension funding
Activities of insurance agents and brokers
Shareholders
accelerant holdings (cayman) ltd.
Group Structure
View All
Contact
Registered Address
one fleet place, london, EC4M 7WS
Website
-accelerant services uk limited Estimated Valuation
Pomanda estimates the enterprise value of ACCELERANT SERVICES UK LIMITED at £65.6m based on a Turnover of £35.3m and 1.86x industry multiple (adjusted for size and gross margin).
accelerant services uk limited Estimated Valuation
Pomanda estimates the enterprise value of ACCELERANT SERVICES UK LIMITED at £29.6m based on an EBITDA of £2.6m and a 11.53x industry multiple (adjusted for size and gross margin).
accelerant services uk limited Estimated Valuation
Pomanda estimates the enterprise value of ACCELERANT SERVICES UK LIMITED at £20.4m based on Net Assets of £10.7m and 1.9x industry multiple (adjusted for liquidity).
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Accelerant Services Uk Limited Overview
Accelerant Services Uk Limited is a live company located in london, EC4M 7WS with a Companies House number of 11600457. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in October 2018, it's largest shareholder is accelerant holdings (cayman) ltd. with a 100% stake. Accelerant Services Uk Limited is a young, large sized company, Pomanda has estimated its turnover at £35.3m with rapid growth in recent years.
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Accelerant Services Uk Limited Health Check
Pomanda's financial health check has awarded Accelerant Services Uk Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £35.3m, make it larger than the average company (£2.3m)
£35.3m - Accelerant Services Uk Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 55%, show it is growing at a faster rate (7%)
55% - Accelerant Services Uk Limited
7% - Industry AVG
Production
with a gross margin of 97.7%, this company has a comparable cost of product (97.7%)
97.7% - Accelerant Services Uk Limited
97.7% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (14.4%)
2.1% - Accelerant Services Uk Limited
14.4% - Industry AVG
Employees
with 118 employees, this is above the industry average (14)
118 - Accelerant Services Uk Limited
14 - Industry AVG
Pay Structure
on an average salary of £149.7k, the company has a higher pay structure (£56.9k)
£149.7k - Accelerant Services Uk Limited
£56.9k - Industry AVG
Efficiency
resulting in sales per employee of £298.9k, this is more efficient (£124.9k)
£298.9k - Accelerant Services Uk Limited
£124.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Accelerant Services Uk Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 518 days, this is slower than average (106 days)
518 days - Accelerant Services Uk Limited
106 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Accelerant Services Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (38 weeks)
2 weeks - Accelerant Services Uk Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.2%, this is a lower level of debt than the average (56.7%)
50.2% - Accelerant Services Uk Limited
56.7% - Industry AVG
ACCELERANT SERVICES UK LIMITED financials
Accelerant Services Uk Limited's latest turnover from December 2023 is £35.3 million and the company has net assets of £10.7 million. According to their latest financial statements, Accelerant Services Uk Limited has 118 employees and maintains cash reserves of £498.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 35,265,687 | 22,476,617 | 10,335,634 | 9,491,571 | 6,771,994 |
| Other Income Or Grants | 0 | 0 | |||
| Cost Of Sales | 0 | 0 | |||
| Gross Profit | 9,491,571 | 6,771,994 | |||
| Admin Expenses | 8,902,413 | 6,377,565 | |||
| Operating Profit | 745,853 | 956,021 | 466,691 | 589,158 | 394,429 |
| Interest Payable | 0 | 0 | 107,617 | 127,893 | 93,343 |
| Interest Receivable | 32,209 | 1,198 | 1,216 | 0 | 0 |
| Pre-Tax Profit | 778,062 | 957,219 | 360,290 | 461,265 | 301,086 |
| Tax | -279,264 | -11,683 | -327,843 | -123,662 | -233,405 |
| Profit After Tax | 498,798 | 945,536 | 32,447 | 337,603 | 67,681 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 498,798 | 945,536 | 32,447 | 337,603 | 67,681 |
| Employee Costs | 17,667,395 | 12,722,232 | 6,075,418 | 2,946,777 | 2,219,910 |
| Number Of Employees | 118 | 90 | 50 | 27 | 11 |
| EBITDA* | 2,562,574 | 1,589,768 | 699,571 | 589,158 | 394,429 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 13,900,146 | 9,983,737 | 5,908,403 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 13,900,146 | 9,983,737 | 5,908,403 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 5,357,589 | 3,543,162 | 4,904,391 | 5,404,414 | 5,537,618 |
| Misc Debtors | 1,746,611 | 1,174,008 | 2,263,558 | 110,405 | 218,568 |
| Cash | 498,753 | 1,514,614 | 2,553,123 | 137,179 | 1,375,191 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,602,953 | 6,231,784 | 9,721,072 | 5,651,998 | 7,131,377 |
| total assets | 21,503,099 | 16,215,521 | 15,629,475 | 5,651,998 | 7,131,377 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,170,179 | 1,350,811 | 819,198 | 0 | 0 |
| Group/Directors Accounts | 3,555,366 | 905,571 | 3,053,061 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,918,919 | 3,756,846 | 2,500,459 | 4,327,688 | 6,144,670 |
| total current liabilities | 10,644,464 | 6,013,228 | 6,372,718 | 4,327,688 | 6,144,670 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 157,544 | 0 | 0 | 0 | 0 |
| total long term liabilities | 157,544 | 0 | 0 | 0 | 0 |
| total liabilities | 10,802,008 | 6,013,228 | 6,372,718 | 4,327,688 | 6,144,670 |
| net assets | 10,701,091 | 10,202,293 | 9,256,757 | 1,324,310 | 986,707 |
| total shareholders funds | 10,701,091 | 10,202,293 | 9,256,757 | 1,324,310 | 986,707 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 745,853 | 956,021 | 466,691 | 589,158 | 394,429 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 1,816,721 | 633,747 | 232,880 | 0 | 0 |
| Tax | -279,264 | -11,683 | -327,843 | -123,662 | -233,405 |
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,387,030 | -2,450,779 | 1,653,130 | -241,367 | 5,756,186 |
| Creditors | -180,632 | 531,613 | 819,198 | 0 | 0 |
| Accruals and Deferred Income | 2,162,073 | 1,256,387 | -1,827,229 | -1,816,982 | 6,144,670 |
| Deferred Taxes & Provisions | 157,544 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,035,265 | 5,816,864 | -2,289,433 | -1,110,119 | 549,508 |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,649,795 | -2,147,490 | 3,053,061 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | 32,209 | 1,198 | -106,401 | -127,893 | -93,343 |
| cash flow from financing | 2,682,004 | -2,146,292 | 10,846,660 | -127,893 | 825,683 |
| cash and cash equivalents | |||||
| cash | -1,015,861 | -1,038,509 | 2,415,944 | -1,238,012 | 1,375,191 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,015,861 | -1,038,509 | 2,415,944 | -1,238,012 | 1,375,191 |
accelerant services uk limited Credit Report and Business Information
Accelerant Services Uk Limited Competitor Analysis
Perform a competitor analysis for accelerant services uk limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC4M area or any other competitors across 12 key performance metrics.
accelerant services uk limited Ownership
ACCELERANT SERVICES UK LIMITED group structure
Accelerant Services Uk Limited has no subsidiary companies.
Ultimate parent company
ACCELERANT HOLDINGS (CAYMAN) LTD
#0145560
1 parent
ACCELERANT SERVICES UK LIMITED
11600457
accelerant services uk limited directors
Accelerant Services Uk Limited currently has 2 directors. The longest serving directors include Mr Christopher Lee Smith (Oct 2018) and Mr Simon Jukes (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Lee Smith | England | 57 years | Oct 2018 | - | Director |
| Mr Simon Jukes | United Kingdom | 49 years | Jul 2019 | - | Director |
P&L
December 2023turnover
35.3m
+57%
operating profit
745.9k
-22%
gross margin
97.7%
+0.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
10.7m
+0.05%
total assets
21.5m
+0.33%
cash
498.8k
-0.67%
net assets
Total assets minus all liabilities
accelerant services uk limited company details
company number
11600457
Type
Private limited with Share Capital
industry
66290 - Other activities auxiliary to insurance and pension funding
66220 - Activities of insurance agents and brokers
incorporation date
October 2018
age
6
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
one fleet place, london, EC4M 7WS
Bank
-
Legal Advisor
-
accelerant services uk 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 accelerant services uk limited.
accelerant services uk 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 ACCELERANT SERVICES UK LIMITED. This can take several minutes, an email will notify you when this has completed.
accelerant services uk limited Companies House Filings - See Documents
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