concorde risk services ltd
concorde risk services ltd Company Information
Company Number
13001520
Website
-Registered Address
the old exchange, 521 wimborne road east, ferndown, dorset, BH22 9NH
Industry
Life reinsurance
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
fowler penfold group ltd 47%
a one insurance services (bmth) ltd 33%
View Allconcorde risk services ltd Estimated Valuation
Pomanda estimates the enterprise value of CONCORDE RISK SERVICES LTD at £187k based on a Turnover of £691.1k and 0.27x industry multiple (adjusted for size and gross margin).
concorde risk services ltd Estimated Valuation
Pomanda estimates the enterprise value of CONCORDE RISK SERVICES LTD at £2.1m based on an EBITDA of £528.9k and a 3.98x industry multiple (adjusted for size and gross margin).
concorde risk services ltd Estimated Valuation
Pomanda estimates the enterprise value of CONCORDE RISK SERVICES LTD at £677.9k based on Net Assets of £432.9k and 1.57x industry multiple (adjusted for liquidity).
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Concorde Risk Services Ltd Overview
Concorde Risk Services Ltd is a live company located in ferndown, BH22 9NH with a Companies House number of 13001520. It operates in the life reinsurance sector, SIC Code 65201. Founded in November 2020, it's largest shareholder is fowler penfold group ltd with a 47% stake. Concorde Risk Services Ltd is a startup, small sized company, Pomanda has estimated its turnover at £691.1k with unknown growth in recent years.
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Concorde Risk Services Ltd Health Check
Pomanda's financial health check has awarded Concorde Risk Services Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
3 Weak
Size
annual sales of £691.1k, make it smaller than the average company (£2.8m)
- Concorde Risk Services Ltd
£2.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Concorde Risk Services Ltd
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- Concorde Risk Services Ltd
- - Industry AVG
Profitability
an operating margin of 76.5% make it more profitable than the average company (13.1%)
- Concorde Risk Services Ltd
13.1% - Industry AVG
Employees
with 5 employees, this is below the industry average (25)
5 - Concorde Risk Services Ltd
25 - Industry AVG
Pay Structure
on an average salary of £71.9k, the company has an equivalent pay structure (£71.9k)
- Concorde Risk Services Ltd
£71.9k - Industry AVG
Efficiency
resulting in sales per employee of £138.2k, this is less efficient (£167.8k)
- Concorde Risk Services Ltd
£167.8k - Industry AVG
Debtor Days
it gets paid by customers after 179 days, this is near the average (196 days)
- Concorde Risk Services Ltd
196 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Concorde Risk Services Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Concorde Risk Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (6 weeks)
21 weeks - Concorde Risk Services Ltd
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.1%, this is a lower level of debt than the average (92.3%)
46.1% - Concorde Risk Services Ltd
92.3% - Industry AVG
concorde risk services ltd Credit Report and Business Information
Concorde Risk Services Ltd Competitor Analysis
Perform a competitor analysis for concorde risk services ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
concorde risk services ltd Ownership
CONCORDE RISK SERVICES LTD group structure
Concorde Risk Services Ltd has no subsidiary companies.
Ultimate parent company
CONCORDE RISK SERVICES LTD
13001520
concorde risk services ltd directors
Concorde Risk Services Ltd currently has 3 directors. The longest serving directors include Mr Ian Penfold (Nov 2020) and Mr Jason Daniells (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Penfold | England | 58 years | Nov 2020 | - | Director |
| Mr Jason Daniells | United Kingdom | 53 years | Jun 2022 | - | Director |
| Mr Julian Holloway | United Kingdom | 72 years | Aug 2022 | - | Director |
CONCORDE RISK SERVICES LTD financials
Concorde Risk Services Ltd's latest turnover from March 2023 is estimated at £691.1 thousand and the company has net assets of £432.9 thousand. According to their latest financial statements, Concorde Risk Services Ltd has 5 employees and maintains cash reserves of £142.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Nov 2021 | |
|---|---|---|---|
| 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 | 5 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Nov 2021 | |
|---|---|---|---|
| Tangible Assets | 9,924 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 9,924 | 0 | 1 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 339,226 | 0 | 0 |
| Group Debtors | 282,165 | 0 | 0 |
| Misc Debtors | 28,449 | 0 | 0 |
| Cash | 142,854 | 1,000 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 792,694 | 1,000 | 0 |
| total assets | 802,618 | 1,000 | 1 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 236,615 | 0 | 0 |
| Group/Directors Accounts | 69,600 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 36,242 | 0 | 0 |
| total current liabilities | 342,457 | 0 | 0 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 27,255 | 0 | 0 |
| total long term liabilities | 27,255 | 0 | 0 |
| total liabilities | 369,712 | 0 | 0 |
| net assets | 432,906 | 1,000 | 1 |
| total shareholders funds | 432,906 | 1,000 | 1 |
| Mar 2023 | Mar 2022 | Nov 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 649,840 | 0 | 0 |
| Creditors | 236,615 | 0 | 0 |
| Accruals and Deferred Income | 36,242 | 0 | 0 |
| Deferred Taxes & Provisions | 27,255 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | -1 | 1 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 69,600 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 141,854 | 1,000 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 141,854 | 1,000 | 0 |
P&L
March 2023turnover
691.1k
0%
operating profit
528.9k
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
432.9k
+431.91%
total assets
802.6k
+801.62%
cash
142.9k
+141.85%
net assets
Total assets minus all liabilities
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concorde risk services ltd company details
company number
13001520
Type
Private limited with Share Capital
industry
65201 - Life reinsurance
incorporation date
November 2020
age
4
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
the old exchange, 521 wimborne road east, ferndown, dorset, BH22 9NH
last accounts submitted
March 2023
concorde risk services ltd 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 concorde risk services ltd.
concorde risk services ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
