antares insurance company limitedEstimated Valuation
£104.6k
Pomanda estimates the enterprise value of ANTARES INSURANCE COMPANY LIMITED at £104.6k based on a Turnover of £161k and 0.65x industry multiple (adjusted for size and gross margin).
antares insurance company limitedEstimated Valuation
£957k
Pomanda estimates the enterprise value of ANTARES INSURANCE COMPANY LIMITED at £957k based on an EBITDA of £123.9k and a 7.72x industry multiple (adjusted for size and gross margin).
antares insurance company limitedEstimated Valuation
£51.6m
Pomanda estimates the enterprise value of ANTARES INSURANCE COMPANY LIMITED at £51.6m based on Net Assets of £32.6m and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Antares Insurance Company LimitedOverview
Antares Insurance Company Limited is a live company located in london, EC3M 7HB with a Companies House number of 13763689. It operates in the non-life insurance sector, SIC Code 65120. Founded in November 2021, it's largest shareholder is
antares global holdings limited
with a 100% stake. Antares Insurance Company Limited is a startup,
micro sized company, Pomanda has estimated its turnover at
£161k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Antares Insurance Company Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
1 Regular
3 Weak
Size
annual sales of £161k, make it smaller than the average company (£1.7m)
£161k - Antares Insurance Company Limited
£1.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Antares Insurance Company Limited
- - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
100% - Antares Insurance Company Limited
100% - Industry AVG
Profitability
an operating margin of 77% make it more profitable than the average company (16.7%)
77% - Antares Insurance Company Limited
16.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (18)
1 - Antares Insurance Company Limited
18 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Antares Insurance Company Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £161k, this is less efficient (£190.2k)
£161k - Antares Insurance Company Limited
£190.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Antares Insurance Company Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Antares Insurance Company Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Antares Insurance Company Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Antares Insurance Company Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.3%, this is a lower level of debt than the average (80.3%)
0.3% - Antares Insurance Company Limited
80.3% - Industry AVG
ANTARES INSURANCE COMPANY LIMITED financials
EXPORT
Antares Insurance Company Limited's latest turnover from December 2023 is £161 thousand and the company has net assets of £32.6 million. According to their latest financial statements, we estimate that Antares Insurance Company Limited has 1 employee and maintains cash reserves of £106 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Turnover
161,000
Other Income Or Grants
Cost Of Sales
Gross Profit
161,000
Admin Expenses
37,116
Operating Profit
123,884
Interest Payable
Interest Receivable
Pre-Tax Profit
124,000
Tax
-29,000
Profit After Tax
95,000
Dividends Paid
Retained Profit
95,000
Employee Costs
Number Of Employees
1
EBITDA*
123,884
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
Group Debtors
1
Misc Debtors
84,000
Cash
106,000
misc current assets
32,500,000
total current assets
32,690,000
1
total assets
32,690,000
1
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
loans
hp & lease commitments
Accruals and Deferred Income
31,000
other liabilities
64,000
provisions
total long term liabilities
95,000
total liabilities
95,000
net assets
32,595,000
1
total shareholders funds
32,595,000
1
Dec 2023
Dec 2022
Operating Activities
Operating Profit
123,884
Depreciation
Amortisation
Tax
-29,000
Stock
Debtors
83,999
1
Creditors
Accruals and Deferred Income
31,000
Deferred Taxes & Provisions
Cash flow from operations
41,885
-1
Investing Activities
capital expenditure
Change in Investments
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
64,000
share issue
32,499,999
1
interest
cash flow from financing
32,563,999
1
cash and cash equivalents
cash
106,000
overdraft
change in cash
106,000
antares insurance company 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 antares insurance company limited. Get real-time insights into antares insurance company limited's credit score, group structure and payment trends.
Antares Insurance Company Limited Competitor Analysis
Perform a competitor analysis for antares insurance company limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in EC3M area or any other competitors across 12 key performance metrics.
antares insurance company limited Ownership
ANTARES INSURANCE COMPANY LIMITED group structure
Antares Insurance Company Limited has no subsidiary companies.
The sole shareholder of Antares Insurance Company Limited is Antares Global Holdings Limited.
antares global holdings limited
100%
antares insurance company limited directors
Antares Insurance Company Limited currently has 7 directors.
The longest serving directors include
Mr Michael Van Der Straaten (Nov 2021) and
Mr Pantelis Koulovasilopoulos (Dec 2023).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
32.6m
+32594999%
total assets
32.7m
+32689999%
cash
106k
0%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
antares insurance company limited company details
company number
13763689
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
65202 - Non-life reinsurance
incorporation date
November 2021
age
4
incorporated
UK
ultimate parent company
QATAR INSURANCE CO QSPC
accounts
Full Accounts
last accounts submitted
December 2023
previous names
qic global limited (December 2023)
accountant
-
auditor
KPMG LLP
address
21 lime street, london, EC3M 7HB
Bank
HSBC BANK PLC
Legal Advisor
-
antares insurance company 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 found 1 charges/mortgages relating to antares insurance company limited. Currently there are 1 open charges and 0 have been satisfied in the past.
antares insurance company 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 ANTARES INSURANCE COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.
antares insurance company limitedCompanies House Filings - See Documents
