Insurance Collections Bureau Ltd in Welwyn Garden City, AL7 2AA

Description

Data updated on: 01-11-2023

Insurance Collections Bureau Ltd could be contacted at Weltech House, Ridgeway in Welwyn Garden City. The company's post code is AL7 2AA. Insurance Collections Bureau has existed on the market since the company was registered on Mon, 18th Apr 2005. The company's Companies House Reg No. is 05426923. Launched as Procol Services, it used the business name up till 2012, when it got changed to Insurance Collections Bureau Ltd. This firm's classified under the NACE and SIC code 82911 which means Activities of collection agencies. 2022-09-30 is the last time when the accounts were filed.

Given the following company's size, it was unavoidable to find more company leaders: Leighton W. and Alan S. who have been supporting each other since 2012 to exercise independent judgement of the following limited company. In order to find professional help with legal documentation, this particular limited company has been utilizing the skills of Elizabeth W. as a secretary since 2017.

Previous company's names
Insurance Collections Bureau Ltd 2012-06-19
Procol Services Limited 2005-04-18

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-04-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30
Currency
Net Worth	37 280	31 660	24 710	20 151

Balance Sheet
Cash Bank On Hand				127 653	101 372	188 141	252 813	514 785	590 195	563 994	488 332
Current Assets	106 972	89 878	159 937	196 571	202 837	294 133	359 580	591 805	640 316	630 742	544 814
Debtors	62 377	62 748	42 819	41 761	71 217	55 143	37 306	21 362	22 044	25 065	28 476
Net Assets Liabilities							86 863	245 195	413 571	432 301	467 036
Other Debtors				18 788	67 171	45 046	37 080	20 137	20 499	23 655	20 603
Property Plant Equipment				19 370	14 738	9 165	8 816	19 349	18 315	19 105	12 535
Total Inventories				27 157	30 248	50 849	69 461	55 658	28 077	41 683
Cash Bank In Hand	44 595	27 130	92 903	127 653
Net Assets Liabilities Including Pension Asset Liability	37 280	31 660
Tangible Fixed Assets	603	5 396	12 215	19 370
Stocks Inventory			24 215	27 157

Capital & Reserves
Called Up Share Capital	17 001	20 000	20 000	20 000
Profit Loss Account Reserve	20 279	11 660	4 710	151
Shareholder Funds	37 280	31 660	24 710	20 151

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets						5 102	12 240	23 078	33 916	48 306	71 875
Accumulated Depreciation Impairment Property Plant Equipment				14 634	17 335	25 177	31 238	35 835	31 844	38 400	45 530
Average Number Employees During Period								40	30	32	32
Bank Borrowings Overdrafts								81 096	68 182	50 000	31 818
Corporation Tax Payable				38 113	58 519	59 426	56 703	38 424	38 859
Corporation Tax Recoverable										6 041	6 041
Creditors				195 790	243 202	274 638	370 946	81 096	68 182	50 000	31 818
Dividends Paid On Shares						62 919	89 413	111 777
Fixed Assets	603	5 396			82 759	72 084	98 229	131 126	165 640	199 775	227 591
Increase From Amortisation Charge For Year Intangible Assets						5 102	7 138	10 838	10 838	14 390	23 569
Increase From Depreciation Charge For Year Property Plant Equipment					7 794	7 842	6 061	4 597	3 608	6 556	7 130
Intangible Assets					68 021	62 919	89 413	111 777	147 325	180 670	215 056
Intangible Assets Gross Cost					68 021	68 021	101 653	134 855	181 241	228 976	286 931
Net Current Assets Liabilities	106 972	89 878	12 495	781	-40 365	19 495	-11 366	195 165	316 113	282 526	271 263
Number Shares Issued Fully Paid					20 000	20 000
Other Creditors				64 932	94 992	133 536	198 771	214 960	183 799	250 769	169 148
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					5 093				7 599
Other Disposals Property Plant Equipment					5 093				7 599
Other Taxation Social Security Payable				44 235	44 775	44 568	40 841	81 710	54 923	38 548	45 688
Par Value Share		1		1	1	1
Property Plant Equipment Gross Cost				34 004	32 072	34 342	40 054	55 184	50 159	57 505	58 065
Total Additions Including From Business Combinations Intangible Assets											57 955
Total Additions Including From Business Combinations Property Plant Equipment					3 162	2 270	5 712	15 130	2 574	7 346	560
Total Assets Less Current Liabilities	107 575	95 274	24 710	20 151	42 394	91 579	86 863	326 291	481 753	482 301	498 854
Trade Creditors Trade Payables				48 510	44 916	37 108	74 631	42 642	28 440	40 717	40 533
Trade Debtors Trade Receivables				22 973	4 046	10 097	226	1 225	1 545	1 410	1 832
Creditors Due Within One Year			147 442	195 790
Number Shares Allotted	17 001	20 000		20 000
Creditors Due After One Year	70 295	63 614
Share Capital Allotted Called Up Paid	17 001	20 000	20 000	20 000
Tangible Fixed Assets Additions		5 662
Tangible Fixed Assets Cost Or Valuation	4 844	10 506
Tangible Fixed Assets Depreciation	4 241	5 110
Tangible Fixed Assets Depreciation Charged In Period		869

Company staff

Elizabeth W.

Role: Secretary

Appointed: 01 May 2017

Latest update: 19 March 2024

Leighton W.

Role: Director

Appointed: 01 May 2012

Latest update: 19 March 2024

Alan S.

Role: Director

Appointed: 18 April 2005

Latest update: 19 March 2024

People with significant control

Executives who have control over the firm are as follows: Alan S. owns 1/2 or less of company shares. Leighton W. owns 1/2 or less of company shares.

Alan S.

Notified on 1 May 2016

Nature of control:

1/2 or less of shares

Leighton W.

Notified on 1 May 2016

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	30 June 2024
Account last made up date	30 September 2022
Confirmation statement next due date	02 May 2024
Confirmation statement last made up date	18 April 2023

Annual Accounts 26 May 2015
Start Date For Period Covered By Report	2013-05-01
End Date For Period Covered By Report	2014-09-30
Date Approval Accounts	26 May 2015
Annual Accounts 31 March 2017
Start Date For Period Covered By Report	2015-10-01
End Date For Period Covered By Report	2016-09-30
Date Approval Accounts	31 March 2017
Annual Accounts
Start Date For Period Covered By Report	2016-10-01
End Date For Period Covered By Report	2017-09-30
Annual Accounts
Start Date For Period Covered By Report	2017-10-01
End Date For Period Covered By Report	2018-09-30
Annual Accounts
Start Date For Period Covered By Report	2018-10-01
End Date For Period Covered By Report	2019-09-30
Annual Accounts
Start Date For Period Covered By Report	2019-10-01
End Date For Period Covered By Report	2020-09-30
Annual Accounts
Start Date For Period Covered By Report	2020-10-01
End Date For Period Covered By Report	2021-09-30
Annual Accounts
Start Date For Period Covered By Report	2021-10-01
End Date For Period Covered By Report	2022-09-30
Annual Accounts
Start Date For Period Covered By Report	2022-10-01
End Date For Period Covered By Report	2023-09-30

Insurance Collections Bureau Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Elizabeth W.

Leighton W.

Alan S.

Julie S.

People with significant control

Alan S.

Leighton W.

Accounts Documents

Company filings

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