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MOTORS INSURANCE COMPANY LIMITED

Company TypePrivate Limited
Company Number02678367
Incorporated1992-01-16
IndustryNon-life insurance
Websitehttp://www.motors-insurance.com
Phone Number0870 752 7528

Equifax Credit Score

Very high credit score

Overall Risk Score

Below average

Credit Limit

This company has a credit limit below £1m.

Not Verified

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Summary

MOTORS INSURANCE COMPANY LIMITED was formed on the 16th January 1992 (filed on the 10th June 2016) , and are based in West Yorkshire, Jubilee House. They are currently rated A and are considered to represent a below average risk score. Their credit score was last updated on 24th June 2016. Companies house classifies them as Full Accounts. This information was last updated on the 24th January 2017.

In 2015, they made a post-tax profit of £8,229,000 (down 53% from 2014) .

There is 1 major shareholder listed for MOTORS INSURANCE COMPANY LIMITED with Car Care Plan (Holdings) Ltd owning the most shares by value.

Addresses

Registered address

Jubilee House
5 Mid Point Business Park
Thornbury
West Yorkshire
BD3 7AG

Trading addresses

Jubilee House
5 Midpoint Business Park
Thornbury
BRADFORD
West Yorkshire
BD3 7AG
Second Floor, Mayesbrook House
Lawnswood Business Park
West Park
Leeds
WEST YORKSHIRE
LS16 6QY
1 more trading address not shown.

Financials

31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st December 2011
Cash £18,236,000 £9,254,000 £11,419,000 £7,470,000 £5,366,000
Tangible net worth £89,949,000 £85,151,000 £67,699,000 £67,144,000 £58,930,000
Current liabilities £12,776,000 £6,577,000 £4,642,000 £8,052,000 £15,659,000
Current assets £24,861,000 £39,059,000 £17,473,000 £15,814,000 £11,020,000
31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st December 2011
Solvency ratios
Current ratio 1.95 5.94 3.76 1.96 0.70
Efficiency ratios
Return on assets 0.04 0.09 0.03 0.05 0.06
Return on capital employed 0.06 0.12 0.03 0.07 0.10
Gearing ratios
Debt to equity ratio 9.25 8.84 9.21 8.80 9.34
Equity ratio 0.06 0.06 0.07 0.07 0.07
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover - - - - -

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Details of 3 mortgages available.

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