think driver insure limited
think driver insure limited Company Information
Company Number
11825758
Next Accounts
126 days late
Directors
Shareholders
mr david antcliff
Group Structure
View All
Industry
Activities of insurance agents and brokers
Registered Address
courtwood house, silver street head, sheffield, S1 2DD
Website
-think driver insure limited Estimated Valuation
Pomanda estimates the enterprise value of THINK DRIVER INSURE LIMITED at £253 based on a Turnover of £342 and 0.74x industry multiple (adjusted for size and gross margin).
think driver insure limited Estimated Valuation
Pomanda estimates the enterprise value of THINK DRIVER INSURE LIMITED at £0 based on an EBITDA of £-420 and a 4.13x industry multiple (adjusted for size and gross margin).
think driver insure limited Estimated Valuation
Pomanda estimates the enterprise value of THINK DRIVER INSURE LIMITED at £0 based on Net Assets of £-2.2k and 1.72x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Think Driver Insure Limited Overview
Think Driver Insure Limited is a live company located in sheffield, S1 2DD with a Companies House number of 11825758. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in February 2019, it's largest shareholder is mr david antcliff with a 100% stake. Think Driver Insure Limited is a young, micro sized company, Pomanda has estimated its turnover at £343 with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Think Driver Insure Limited Health Check
Pomanda's financial health check has awarded Think Driver Insure Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £343, make it smaller than the average company (£2.9m)
- Think Driver Insure Limited
£2.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Think Driver Insure Limited
- - Industry AVG
Production
with a gross margin of 60.5%, this company has a higher cost of product (94.8%)
- Think Driver Insure Limited
94.8% - Industry AVG
Profitability
an operating margin of -122.4% make it less profitable than the average company (19.3%)
- Think Driver Insure Limited
19.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (18)
- Think Driver Insure Limited
18 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)
- Think Driver Insure Limited
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £343, this is less efficient (£112.1k)
- Think Driver Insure Limited
£112.1k - Industry AVG
Debtor Days
it gets paid by customers after 223 days, this is later than average (70 days)
- Think Driver Insure Limited
70 days - Industry AVG
Creditor Days
its suppliers are paid after 5720 days, this is slower than average (126 days)
- Think Driver Insure Limited
126 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Think Driver Insure Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Think Driver Insure Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1142.7%, this is a higher level of debt than the average (59.9%)
1142.7% - Think Driver Insure Limited
59.9% - Industry AVG
THINK DRIVER INSURE LIMITED financials
Think Driver Insure Limited's latest turnover from February 2023 is estimated at £343 and the company has net assets of -£2.2 thousand. According to their latest financial statements, we estimate that Think Driver Insure Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | ||||
| Tax | ||||
| Profit After Tax | ||||
| Dividends Paid | ||||
| Retained Profit | ||||
| Employee Costs | ||||
| Number Of Employees | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|
| Tangible Assets | ||||
| Intangible Assets | ||||
| Investments & Other | 1 | 1 | 1 | |
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 1 | 1 | 1 | |
| Stock & work in progress | ||||
| Trade Debtors | 210 | 342 | 414 | |
| Group Debtors | ||||
| Misc Debtors | 1 | |||
| Cash | ||||
| misc current assets | ||||
| total current assets | 210 | 342 | 414 | 1 |
| total assets | 211 | 343 | 415 | 1 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 2,123 | 1,871 | 834 | |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | ||||
| total current liabilities | 2,123 | 1,871 | 834 | |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | 288 | 252 | 282 | |
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | 288 | 252 | 282 | |
| total liabilities | 2,411 | 2,123 | 1,116 | |
| net assets | -2,200 | -1,780 | -701 | 1 |
| total shareholders funds | -2,200 | -1,780 | -701 | 1 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | -132 | -72 | 413 | 1 |
| Creditors | 252 | 1,037 | 834 | |
| Accruals and Deferred Income | 36 | -30 | 282 | |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | -1 | |||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 1 | |||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | 1 | |||
| cash and cash equivalents | ||||
| cash | ||||
| overdraft | ||||
| change in cash |
think driver insure limited Credit Report and Business Information
Think Driver Insure Limited Competitor Analysis
Perform a competitor analysis for think driver insure limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in S 1 area or any other competitors across 12 key performance metrics.
think driver insure limited Ownership
THINK DRIVER INSURE LIMITED group structure
Think Driver Insure Limited has no subsidiary companies.
Ultimate parent company
THINK DRIVER INSURE LIMITED
11825758
think driver insure limited directors
Think Driver Insure Limited currently has 1 director, Mr David Antcliff serving since Feb 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Antcliff | United Kingdom | 76 years | Feb 2019 | - | Director |
P&L
February 2023turnover
343
-38%
operating profit
-420
0%
gross margin
60.6%
-3.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-2.2k
+0.24%
total assets
211
-0.38%
cash
0
0%
net assets
Total assets minus all liabilities
think driver insure limited company details
company number
11825758
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
February 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2023
previous names
fab-insure limited (December 2019)
accountant
CHF ACCOUNTANCY LTD
auditor
-
address
courtwood house, silver street head, sheffield, S1 2DD
Bank
-
Legal Advisor
-
think driver insure 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 think driver insure limited.
think driver insure 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 THINK DRIVER INSURE LIMITED. This can take several minutes, an email will notify you when this has completed.
think driver insure limited Companies House Filings - See Documents
| date | description | view/download |
|---|
