courtwood house, silver street head, sheffield, S1 2DD
Website
-
think driver insure limitedEstimated Valuation
£118
Pomanda estimates the enterprise value of THINK DRIVER INSURE LIMITED at £118 based on a Turnover of £156 and 0.75x industry multiple (adjusted for size and gross margin).
think driver insure limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of THINK DRIVER INSURE LIMITED at £0 based on an EBITDA of £-445 and a 4.21x industry multiple (adjusted for size and gross margin).
think driver insure limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of THINK DRIVER INSURE LIMITED at £0 based on Net Assets of £-2.6k and 1.72x industry multiple (adjusted for liquidity).
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Think Driver Insure LimitedOverview
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
£156.9 with
declining
growth in recent years.
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 8 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
8 Weak
Size
annual sales of £156.9, make it smaller than the average company (£2.6m)
£156.9 - Think Driver Insure Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -42%, show it is growing at a slower rate (7.7%)
-42% - Think Driver Insure Limited
7.7% - Industry AVG
Production
with a gross margin of 62.2%, this company has a higher cost of product (95.3%)
62.2% - Think Driver Insure Limited
95.3% - Industry AVG
Profitability
an operating margin of -283.6% make it less profitable than the average company (20.6%)
-283.6% - Think Driver Insure Limited
20.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (18)
1 - Think Driver Insure Limited
18 - Industry AVG
Pay Structure
on an average salary of £52.9k, the company has an equivalent pay structure (£52.9k)
£52.9k - Think Driver Insure Limited
£52.9k - Industry AVG
Efficiency
resulting in sales per employee of £156.9, this is less efficient (£122.2k)
£156.9 - Think Driver Insure Limited
£122.2k - Industry AVG
Debtor Days
it gets paid by customers after 183 days, this is later than average (69 days)
183 days - Think Driver Insure Limited
69 days - Industry AVG
Creditor Days
its suppliers are paid after 14898 days, this is slower than average (128 days)
14898 days - Think Driver Insure Limited
128 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 3406.3%, this is a higher level of debt than the average (56%)
3406.3% - Think Driver Insure Limited
56% - Industry AVG
THINK DRIVER INSURE LIMITED financials
EXPORT
Think Driver Insure Limited's latest turnover from February 2024 is estimated at £157 and the company has net assets of -£2.6 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 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Turnover
157
350
551
795
Other Income Or Grants
Cost Of Sales
59
138
207
322
Gross Profit
98
211
344
472
Admin Expenses
543
631
1,423
1,173
Operating Profit
-445
-420
-1,079
-701
Interest Payable
Interest Receivable
Pre-Tax Profit
-445
-420
-1,079
-701
Tax
Profit After Tax
-445
-420
-1,079
-701
Dividends Paid
Retained Profit
-445
-420
-1,079
-701
Employee Costs
52,912
48,717
48,373
50,123
Number Of Employees
1
1
1
1
1
EBITDA*
-445
-420
-1,079
-701
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Tangible Assets
Intangible Assets
Investments & Other
1
1
1
1
Debtors (Due After 1 year)
Total Fixed Assets
1
1
1
1
Stock & work in progress
Trade Debtors
79
210
342
414
Group Debtors
Misc Debtors
1
Cash
misc current assets
total current assets
79
210
342
414
1
total assets
80
211
343
415
1
Bank overdraft
Bank loan
Trade Creditors
2,424
2,123
1,871
834
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
2,424
2,123
1,871
834
loans
hp & lease commitments
Accruals and Deferred Income
301
288
252
282
other liabilities
provisions
total long term liabilities
301
288
252
282
total liabilities
2,725
2,411
2,123
1,116
net assets
-2,645
-2,200
-1,780
-701
1
total shareholders funds
-2,645
-2,200
-1,780
-701
1
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Operating Activities
Operating Profit
-445
-420
-1,079
-701
Depreciation
Amortisation
Tax
Stock
Debtors
-131
-132
-72
413
1
Creditors
301
252
1,037
834
Accruals and Deferred Income
13
36
-30
282
Deferred Taxes & Provisions
Cash flow from operations
2
-1
Investing Activities
capital expenditure
Change in Investments
1
cash flow from investments
-1
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
-1
1
interest
cash flow from financing
-1
1
cash and cash equivalents
cash
overdraft
change in cash
think driver insure 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 think driver insure limited. Get real-time insights into think driver insure limited's credit score, group structure and payment trends.
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 Shareholders
The sole shareholder of Think Driver Insure Limited is Mr David Antcliff.
mr david antcliff
100%
think driver insure limited directors
Think Driver Insure Limited currently has 1 director, Mr David Antcliff serving since Feb 2019.
66220 - Activities of insurance agents and brokers
incorporation date
February 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
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 limitedCompanies House Filings - See Documents
