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ABLE INSURANCE SERVICES LIMITED

Company TypePrivate Limited
Company Number02890075
Incorporated1994-01-21
IndustryNon-life insurance
Phone Number0207 648 1000
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

ABLE INSURANCE SERVICES LIMITED was formed on the 21st January 1994 (filed on the 30th September 2016) , and are based in Fitzwilliam Ho 10, St. Mary Axe. They are currently rated A and are considered to represent a below average risk score. Their credit score was last updated on 18th October 2016 when it was upgraded to the current A from B. Companies house classifies them as Full Accounts. This information was last updated on the 20th October 2016.

In 2015, they made a post-tax profit of £371,374 on a turnover of £15,671,688 (down 54% from 2014) .

There is 1 major shareholder listed for ABLE INSURANCE SERVICES LIMITED with Admiral Group Plc owning the most shares by value.

Addresses

Registered address

Ellipse Ground Floor
Padley Road
Swansea
SA1 8AN

Trading address

Fitzwilliam Ho 10
St. Mary Axe
London
EC3A 8BS

Financials

31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st December 2011
Cash £5,205,066 £10,024,679 £4,219,103 £5,602,087 £4,400,834
Tangible net worth £10,776,092 £10,361,806 £9,558,886 £8,708,940 £7,812,989
Current liabilities £10,497,578 £17,465,214 £11,431,913 £11,198,560 £11,639,255
Current assets £21,233,465 £27,555,910 £20,761,898 £19,479,777 £18,815,396
31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st December 2011
Solvency ratios
Current ratio 2.02 1.58 1.82 1.74 1.62
Efficiency ratios
Return on assets 0.02 0.03 0.04 0.05 0.05
Return on capital employed 0.04 0.10 0.10 0.13 0.21
Gearing ratios
Debt to equity ratio 10497.58 17465.21 11431.91 11198.56 11639.25
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover - - - - -

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Details of 3 mortgages available.

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