Absolute Insurance Brokers Limited in Croydon, CR0 0XZ

Description

Data updated on: 01-11-2023

2008 is the year of the beginning of Absolute Insurance Brokers Limited, the firm registered at Airport House, Purley Way, Croydon. That would make 16 years Absolute Insurance Brokers has existed in the UK, as the company was created on Wed, 8th Oct 2008. The firm Companies House Registration Number is 06718763 and its post code is CR0 0XZ. The enterprise's registered with SIC code 65120, that means Non-life insurance. The business latest annual accounts were submitted for the period up to 2022-06-30 and the latest confirmation statement was released on 2022-12-24.

Noel L., Richard L., Warren M. and Michael D. are registered as the firm's directors and have been doing everything they can to make sure everything is working correctly since Wed, 17th Feb 2021. To support the directors in their duties, the business has been using the skills of Sindy G. as a secretary for the last 4 years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-01-31	2013-01-31	2014-01-31	2015-01-31	2016-01-31	2017-01-31	2018-01-31	2019-01-31	2020-01-31	2021-06-30	2022-06-30	2023-06-30
Currency
Net Worth	220 588	441 057	723 200	1 092 434	1 305 550

Balance Sheet
Cash Bank On Hand					1 581 487	2 438 107	2 227 977	2 552 647	2 835 977	1 507 004
Current Assets	387 809	740 887	1 074 318	1 578 049	2 175 504	2 591 683	2 298 748	2 641 363	2 894 150	4 415 616	3 402 305	3 402 305
Debtors	37 068	50 765	70 698	120 752	594 017	153 576	70 771	88 729	58 173	2 908 612	3 402 305
Net Assets Liabilities						1 532 363	1 164 175	1 387 032	1 928 438	2 972 796	3 402 305	3 402 305
Other Debtors					518 887	34 915	23 686	13	2 286	2 520 330	3 402 305
Property Plant Equipment					92 823	74 289	57 212	45 107	14 521	117 611
Cash Bank In Hand	350 741	690 122	1 003 620	1 457 297	1 581 487
Intangible Fixed Assets	72 000	64 000	56 000	48 000	40 000
Net Assets Liabilities Including Pension Asset Liability	220 588	441 057
Tangible Fixed Assets	18 079	22 043	20 807	98 331	92 823

Capital & Reserves
Called Up Share Capital	10 030	10 030	10 030	10 030	10 030
Profit Loss Account Reserve	210 558	431 027	713 170	1 082 404	1 295 520
Shareholder Funds	220 588	441 057	723 200	1 092 434	1 305 550

Other Financial Data
Accrued Liabilities Deferred Income							112 141	127 837	68 507
Accumulated Amortisation Impairment Intangible Assets					40 000	48 000	56 000	64 000	72 000
Accumulated Depreciation Impairment Property Plant Equipment					77 698	99 393	116 470	129 825	26 388	50 674
Additions Other Than Through Business Combinations Property Plant Equipment								1 250	3 042
Administrative Expenses										1 984 888	747 882
Average Number Employees During Period										23	22
Corporation Tax Payable					116 897	147 544	95 335	151 760	199 400
Creditors					1 002 777	1 151 190	1 233 693	1 307 148	970 474	1 473 784
Current Tax For Period					116 897	147 555
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences						14 419
Dividends Paid								398 000	254 000
Dividends Paid On Shares							24 000	16 000
Fixed Assets	90 079	86 043	76 807	146 331	132 823		81 212	61 107	22 521	117 611
Future Minimum Lease Payments Under Non-cancellable Operating Leases								18 687	7 414
Gross Profit Loss										3 588 805	1 283 487
Increase Decrease Due To Transfers Between Classes Property Plant Equipment											168 285
Increase Decrease In Current Tax From Adjustment For Prior Periods						-25
Increase From Amortisation Charge For Year Intangible Assets						8 000	8 000	8 000	8 000
Increase From Depreciation Charge For Year Property Plant Equipment						21 695	17 075	13 355	9 491		14 780
Intangible Assets					40 000	32 000	24 000	16 000	8 000
Intangible Assets Gross Cost					80 000	80 000	80 000	80 000
Interest Payable Similar Charges Finance Costs										5 560	3 289
Net Current Assets Liabilities	130 509	355 014	646 393	946 103	1 172 727	1 440 493	1 093 491	1 438 356	1 923 676	2 941 832	3 402 305	3 402 305
Number Shares Issued Fully Paid						10	10
Operating Profit Loss										1 613 160	536 206
Other Creditors					885 880	985 843	1 109 922	1 027 564	689 778	281 795
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment									112 928
Other Disposals Property Plant Equipment									137 065
Other Increase Decrease In Depreciation Impairment Property Plant Equipment											65 454
Other Interest Receivable Similar Income Finance Income										5 002
Other Operating Income										9 243	601
Other Taxation Social Security Payable						17 803			12 789
Par Value Share		1	1	1	1	1	1
Prepayments Accrued Income							19 966	25 276	26 388
Profit Loss								620 857	795 406
Profit Loss On Ordinary Activities After Tax										1 299 358	429 509
Profit Loss On Ordinary Activities Before Tax										1 612 602	532 917
Property Plant Equipment Gross Cost					170 522	173 682	173 682	174 932	40 909	168 285
Provisions								112 431	17 759
Provisions For Liabilities Balance Sheet Subtotal						14 419	10 528	8 290	17 759	3 408
Taxation Including Deferred Taxation Balance Sheet Subtotal								8 290	2 759
Taxation Social Security Payable										343 157
Tax Tax Credit On Profit Or Loss On Ordinary Activities					116 897	161 949				313 244	103 408
Total Additions Including From Business Combinations Property Plant Equipment						3 160
Total Assets Less Current Liabilities	220 588	441 057	723 200	1 092 434	1 305 550	1 546 782	1 174 703	1 395 322	1 946 197	3 059 443	3 402 305	3 402 305
Total Current Tax Expense Credit					116 897	147 530
Trade Creditors Trade Payables										848 832
Trade Debtors Trade Receivables					75 131	118 661	47 085	63 440	29 499	388 282
Turnover Revenue										3 588 805	1 283 487
Creditors Due Within One Year	257 300	385 873	427 925	631 946	1 002 777
Intangible Fixed Assets Aggregate Amortisation Impairment	8 000	16 000	24 000	32 000	40 000
Intangible Fixed Assets Amortisation Charged In Period		8 000	8 000	8 000	8 000
Intangible Fixed Assets Cost Or Valuation	80 000	80 000	80 000	80 000	80 000
Number Shares Allotted		20	20	20	20
Share Capital Allotted Called Up Paid	20	20	20	20	20
Tangible Fixed Assets Additions		9 475		108 402	22 626
Tangible Fixed Assets Cost Or Valuation	25 788	35 263	39 495	147 897	170 522
Tangible Fixed Assets Depreciation	7 709	13 220	18 687	49 566	77 699
Tangible Fixed Assets Depreciation Charged In Period		5 511		30 879	28 133