independent insurance consultants (scotland) ltd.
independent insurance consultants (scotland) ltd. Company Information
Group Structure
View All
Industry
Non-life insurance
Registered Address
11 panbride road, carnoustie, angus, DD7 6HS
Website
-independent insurance consultants (scotland) ltd. Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT INSURANCE CONSULTANTS (SCOTLAND) LTD. at £89k based on a Turnover of £155k and 0.57x industry multiple (adjusted for size and gross margin).
independent insurance consultants (scotland) ltd. Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT INSURANCE CONSULTANTS (SCOTLAND) LTD. at £0 based on an EBITDA of £-33.1k and a 6.32x industry multiple (adjusted for size and gross margin).
independent insurance consultants (scotland) ltd. Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT INSURANCE CONSULTANTS (SCOTLAND) LTD. at £0 based on Net Assets of £-24.5k and 1.64x industry multiple (adjusted for liquidity).
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Independent Insurance Consultants (scotland) Ltd. Overview
Independent Insurance Consultants (scotland) Ltd. is a dissolved company that was located in angus, DD7 6HS with a Companies House number of SC237289. It operated in the non-life insurance sector, SIC Code 65120. Founded in September 2002, it's largest shareholder was janice ann topper with a 100% stake. The last turnover for Independent Insurance Consultants (scotland) Ltd. was estimated at £155k.
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Independent Insurance Consultants (scotland) Ltd. Health Check
Pomanda's financial health check has awarded Independent Insurance Consultants (Scotland) Ltd. a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £155k, make it smaller than the average company (£1.7m)
- Independent Insurance Consultants (scotland) Ltd.
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 134%, show it is growing at a faster rate (8%)
- Independent Insurance Consultants (scotland) Ltd.
8% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
- Independent Insurance Consultants (scotland) Ltd.
100% - Industry AVG
Profitability
an operating margin of -22.7% make it less profitable than the average company (13.8%)
- Independent Insurance Consultants (scotland) Ltd.
13.8% - Industry AVG
Employees
with 4 employees, this is below the industry average (25)
4 - Independent Insurance Consultants (scotland) Ltd.
25 - Industry AVG
Pay Structure
on an average salary of £51.2k, the company has an equivalent pay structure (£51.2k)
- Independent Insurance Consultants (scotland) Ltd.
£51.2k - Industry AVG
Efficiency
resulting in sales per employee of £38.8k, this is less efficient (£135.6k)
- Independent Insurance Consultants (scotland) Ltd.
£135.6k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (206 days)
- Independent Insurance Consultants (scotland) Ltd.
206 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Independent Insurance Consultants (scotland) Ltd.
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Independent Insurance Consultants (scotland) Ltd.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (21 weeks)
6 weeks - Independent Insurance Consultants (scotland) Ltd.
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 149.3%, this is a higher level of debt than the average (89.8%)
149.3% - Independent Insurance Consultants (scotland) Ltd.
89.8% - Industry AVG
INDEPENDENT INSURANCE CONSULTANTS (SCOTLAND) LTD. financials
Independent Insurance Consultants (Scotland) Ltd.'s latest turnover from March 2019 is estimated at £155 thousand and the company has net assets of -£24.5 thousand. According to their latest financial statements, Independent Insurance Consultants (Scotland) Ltd. has 4 employees and maintains cash reserves of £8.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 120,366 | 134,639 | ||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | 13,226 | 38,017 | ||||||||
| Interest Payable | 1,296 | 922 | ||||||||
| Interest Receivable | 6 | 3 | ||||||||
| Pre-Tax Profit | 11,936 | 37,098 | ||||||||
| Tax | -5,557 | -7,630 | ||||||||
| Profit After Tax | 6,379 | 29,468 | ||||||||
| Dividends Paid | 5,000 | 30,000 | ||||||||
| Retained Profit | 1,379 | -532 | ||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 4 | 4 | 4 | |||||||
| EBITDA* | 18,744 | 43,535 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 25,870 | 15,030 | 19,594 | 28,691 | 10,133 | 16,930 | 22,266 | 27,784 | 33,302 | 39,186 |
| Intangible Assets | ||||||||||
| Investments & Other | 3,342 | 3,342 | 3,342 | 3,342 | 3,342 | 3,342 | 3,342 | 3,342 | 3,342 | |
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 25,870 | 18,372 | 22,936 | 32,033 | 13,475 | 20,272 | 25,608 | 31,126 | 36,644 | 42,528 |
| Stock & work in progress | ||||||||||
| Trade Debtors | 5,647 | 14,847 | 10,495 | 6,743 | 29,507 | 31,432 | ||||
| Group Debtors | ||||||||||
| Misc Debtors | 39,609 | 30,313 | ||||||||
| Cash | 8,449 | 3,378 | 11,215 | 14,019 | 5,132 | 11,214 | 5,014 | 26,465 | 4,779 | 4,234 |
| misc current assets | 17,737 | 25,874 | 43,427 | 44,413 | ||||||
| total current assets | 23,887 | 18,225 | 21,710 | 20,762 | 5,132 | 11,214 | 62,360 | 82,652 | 77,713 | 80,079 |
| total assets | 49,757 | 36,597 | 44,646 | 52,795 | 18,607 | 31,486 | 87,968 | 113,778 | 114,357 | 122,607 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 12,275 | 16,633 | 19,416 | 11,347 | 6,696 | 10,848 | 79,720 | 99,733 | 97,108 | |
| Group/Directors Accounts | 53,521 | |||||||||
| other short term finances | 2,614 | 223 | ||||||||
| hp & lease commitments | 5,759 | |||||||||
| other current liabilities | 44,776 | |||||||||
| total current liabilities | 67,607 | 16,633 | 19,416 | 11,347 | 6,696 | 10,848 | 79,720 | 104,279 | 99,733 | 97,108 |
| loans | ||||||||||
| hp & lease commitments | 5,465 | 8,305 | ||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | 9,287 | 12,968 | 26,413 | 12,898 | 19,664 | |||||
| provisions | ||||||||||
| total long term liabilities | 6,672 | 9,287 | 12,968 | 26,413 | 5,465 | 8,305 | 12,898 | 19,664 | ||
| total liabilities | 74,279 | 25,920 | 32,384 | 37,760 | 6,696 | 10,848 | 85,185 | 112,584 | 112,631 | 116,772 |
| net assets | -24,522 | 10,677 | 12,262 | 15,035 | 11,911 | 20,638 | 2,783 | 1,194 | 1,726 | 5,835 |
| total shareholders funds | -24,522 | 10,677 | 12,262 | 15,035 | 11,911 | 20,638 | 2,783 | 1,194 | 1,726 | 5,835 |
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 13,226 | 38,017 | ||||||||
| Depreciation | 2,103 | 2,449 | 1,311 | 6,797 | 5,518 | 5,518 | 5,518 | 5,884 | 5,518 | |
| Amortisation | ||||||||||
| Tax | -5,557 | -7,630 | ||||||||
| Stock | ||||||||||
| Debtors | -9,200 | 4,352 | 3,752 | 6,743 | -39,609 | 9,296 | 806 | -1,925 | 31,432 | |
| Creditors | -4,358 | -2,783 | 8,069 | 4,651 | -4,152 | -68,872 | 79,720 | -99,733 | 2,625 | 97,108 |
| Accruals and Deferred Income | -44,776 | 44,776 | ||||||||
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | 38,835 | -19,858 | ||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | -3,342 | 3,342 | ||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | -53,521 | 53,521 | ||||||||
| Other Short Term Loans | 2,614 | -223 | 223 | |||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | -5,465 | -8,599 | 14,064 | |||||||
| other long term liabilities | -9,287 | -3,681 | -13,445 | 26,413 | -12,898 | -6,766 | 19,664 | |||
| share issue | ||||||||||
| interest | -1,290 | -919 | ||||||||
| cash flow from financing | -63,423 | 53,991 | ||||||||
| cash and cash equivalents | ||||||||||
| cash | 5,071 | -7,837 | -2,804 | 8,887 | -6,082 | 6,200 | -21,451 | 21,686 | 545 | 4,234 |
| overdraft | ||||||||||
| change in cash | 5,071 | -7,837 | -2,804 | 8,887 | -6,082 | 6,200 | -21,451 | 21,686 | 545 | 4,234 |
independent insurance consultants (scotland) ltd. Credit Report and Business Information
Independent Insurance Consultants (scotland) Ltd. Competitor Analysis
Perform a competitor analysis for independent insurance consultants (scotland) ltd. by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in DD7 area or any other competitors across 12 key performance metrics.
independent insurance consultants (scotland) ltd. Ownership
INDEPENDENT INSURANCE CONSULTANTS (SCOTLAND) LTD. group structure
Independent Insurance Consultants (Scotland) Ltd. has no subsidiary companies.
Ultimate parent company
INDEPENDENT INSURANCE CONSULTANTS (SCOTLAND) LTD.
SC237289
independent insurance consultants (scotland) ltd. directors
Independent Insurance Consultants (Scotland) Ltd. currently has 1 director, Mrs Janice Topper serving since Aug 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Janice Topper | Scotland | 74 years | Aug 2015 | - | Director |
P&L
March 2019turnover
155k
0%
operating profit
-35.2k
0%
gross margin
100%
+0.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
-24.5k
-3.3%
total assets
49.8k
+0.36%
cash
8.4k
+1.5%
net assets
Total assets minus all liabilities
independent insurance consultants (scotland) ltd. company details
company number
SC237289
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
September 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2019
previous names
N/A
accountant
JAMES FRASER AND CO
auditor
-
address
11 panbride road, carnoustie, angus, DD7 6HS
Bank
-
Legal Advisor
-
independent insurance consultants (scotland) 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 independent insurance consultants (scotland) ltd..
independent insurance consultants (scotland) ltd. 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.
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independent insurance consultants (scotland) ltd. Companies House Filings - See Documents
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