Ripe Insurance Services Limited in Manchester, M22 4BJ

Description

Data updated on: 01-11-2023

2002 is the date that marks the establishment of Ripe Insurance Services Limited, a firm which is located at The Royals, Altrincham Road, Manchester. That would make twenty two years Ripe Insurance Services has been on the British market, as it was established on 2002-08-09. Its reg. no. is 04507332 and the area code is M22 4BJ. This company has been on the market under three previous names. Its first registered name, Jrw Insurance Services, was switched on 2002-09-19 to J R W Group Services. The current name is used since 2017, is Ripe Insurance Services Limited. This company's Standard Industrial Classification Code is 65120 and their NACE code stands for Non-life insurance. Ripe Insurance Services Ltd filed its latest accounts for the period that ended on 2022-12-31. The firm's most recent annual confirmation statement was submitted on 2023-08-09.

The enterprise owns five trademarks, all are active. The first trademark was registered in 2016. The trademark that will become invalid first, that is in October, 2025 is UK00003131582.

From the data we have, this particular business was created twenty two years ago and has so far been run by four directors, out of whom two (Paul W. and John W.) are still active.

Previous company's names
Ripe Insurance Services Limited 2017-06-15
J R W Group Services Limited 2002-09-19
Jrw Insurance Services Limited 2002-08-09

Trade marks

Trademark UK00003131582

Trademark image:	-
Status:	Registered
Filing date:	2015-10-14
Date of entry in register:	2016-01-22
Renewal date:	2025-10-14
Owner name:	JRW GROUP SERVICES LIMITED
Owner address:	The Royals, Altrincham Road, Manchester, United Kingdom, M22 4BJ

Trademark UK00003131584

Trademark image:	-
Status:	Registered
Filing date:	2015-10-14
Date of entry in register:	2016-01-22
Renewal date:	2025-10-14
Owner name:	JRW GROUP SERVICES LIMITED
Owner address:	The Royals, Altrincham Road, Manchester, United Kingdom, M22 4BJ

Trademark UK00003131589

Trademark image:	-
Trademark name:	INSURE4MUSIC
Status:	Registered
Filing date:	2015-10-14
Date of entry in register:	2016-01-22
Renewal date:	2025-10-14
Owner name:	JRW GROUP SERVICES LIMITED
Owner address:	The Royals, Altrincham Road, Manchester, United Kingdom, M22 4BJ

Trademark UK00003131587

Trademark image:	-
Trademark name:	INSURE4BOATS
Status:	Registered
Filing date:	2015-10-14
Date of entry in register:	2016-01-22
Renewal date:	2025-10-14
Owner name:	JRW GROUP SERVICES LIMITED
Owner address:	The Royals, Altrincham Road, Manchester, United Kingdom, M22 4BJ

Trademark UK00003140763

Trademark image:	-
Trademark name:	INSURE4DRONES
Status:	Registered
Filing date:	2015-12-15
Date of entry in register:	2016-03-18
Renewal date:	2025-12-15
Owner name:	JRW GROUP SERVICES LIMITED
Owner address:	The Royals, Altrincham Road, Manchester, United Kingdom, M22 4BJ

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2021-12-31	2022-12-31
Currency
Net Worth	1 484 315	2 172 874	1 226 704

Balance Sheet
Cash Bank On Hand			1 366 383	478 385	833 212	4 441 537	5 837 317
Current Assets	1 978 598	2 772 488	1 778 904	1 747 360	3 169 954	9 337 841	12 153 838
Debtors	576 848	452 902	412 521	1 268 975	2 336 742	4 896 304	6 316 521
Net Assets Liabilities			1 151 540	1 169 143	2 155 146	8 751 240	12 322 439
Other Debtors			230 994	252 750	4 000	500
Property Plant Equipment						56 066	63 632
Cash Bank In Hand	1 401 750	2 319 586	1 366 383
Net Assets Liabilities Including Pension Asset Liability	1 484 315	2 172 874	1 226 704
Tangible Fixed Assets			159 684

Capital & Reserves
Called Up Share Capital	2	2	2
Profit Loss Account Reserve	1 484 313	2 172 872	1 226 702
Shareholder Funds	1 484 315	2 172 874	1 226 704

Other Financial Data
Audit Fees Expenses						11 220	11 784
Accrued Income						453 192	553 869
Accrued Liabilities				298 900	314 691
Accumulated Amortisation Impairment Intangible Assets			39 921	142 289	336 151	2 237 395	3 045 352
Accumulated Depreciation Impairment Property Plant Equipment						64 297	107 062
Additions Other Than Through Business Combinations Intangible Assets				312 234	136 672		861 641
Additions Other Than Through Business Combinations Property Plant Equipment							51 423
Administration Support Average Number Employees						2	2
Administrative Expenses			1 317 478	1 670 813	2 545 219	5 145 496	7 149 222
Amortisation Expense Intangible Assets			39 921	102 368	193 862	662 432	807 957
Amounts Owed By Related Parties			96 923	1 001 312	2 055 746	686 000
Amounts Owed To Related Parties					30 000	24 540	24 540
Applicable Tax Rate						19	19
Average Number Employees During Period			31	36	46	74	95
Balances Amounts Owed To Related Parties					23 562
Balances With Banks						4 441 537	5 837 317
Bank Overdrafts					317 002
Cash Cash Equivalents Cash Flow Value						4 441 537
Comprehensive Income Expense			1 544 773	1 517 473	1 437 293	4 775 751	3 571 199
Cost Sales			3 194 333	4 864 364	6 179 005	11 756 308	16 069 352
Creditors			679 947	923 814	1 632 881	415 784	3 548 414
Current Tax For Period						979 835
Decrease In Loans Owed By Related Parties Due To Loans Repaid			53 956	904 716	-902 580
Deferred Income						52 420	73 044
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences						-10 768	5 255
Deferred Tax Liabilities						10 653	15 908
Depreciation Amortisation Expense						969 490	850 889
Depreciation Expense Property Plant Equipment						37 376	42 932
Disposals Decrease In Depreciation Impairment Property Plant Equipment							-167
Disposals Property Plant Equipment							-1 092
Dividend Per Share Interim			1 283 053	749 935	225 645	975 305
Dividends Paid			-2 566 107	-1 499 870	-451 290	-1 950 610
Dividends Paid Classified As Financing Activities						-1 950 610
Financial Liabilities						415 784	464 261
Fixed Assets			159 684			2 685 093	3 930 964
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities						-419 102	-409 383
Further Item Debtors Component Total Debtors						222 950	446 669
Further Item Increase Decrease In Intangible Assets Component Total Change In Intangible Assets					320 797		1 184 621
Future Minimum Lease Payments Under Non-cancellable Operating Leases						165 469	79 683
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables						850 090	-1 065 813
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables						687 667	1 196 498
Gain Loss In Cash Flows From Change In Deferred Items						15 495	20 624
Gain Loss In Cash Flows From Change In Provisions						83 985	114 056
Gain Loss On Disposals Property Plant Equipment						3 608
Government Grant Income						5 054
Gross Profit Loss			3 239 170	3 492 860	4 247 323	10 885 133	10 697 460
Impairment Loss Reversal						269 682
Income From Related Parties				202 707	169 846
Income Taxes Paid Refund Classified As Operating Activities						704 998	529 415
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation						1 321 971	1 395 780
Increase Decrease In Existing Provisions							119 311
Increase Decrease In Net Debt From Cash Flows							1 805 163
Increase From Amortisation Charge For Year Intangible Assets				102 368	193 862		807 957
Increase From Depreciation Charge For Year Property Plant Equipment							42 932
Increase In Loans Owed By Related Parties Due To Loans Advanced				904 716	1 957 015
Increase In Loans Owed To Related Parties Due To Loans Advanced					30 000
Intangible Assets			159 684	369 550	633 157	2 629 027	3 867 332
Intangible Assets Gross Cost			199 605	511 839	969 308	4 866 422	6 912 684
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts						75
Interest Income On Bank Deposits						202	27 617
Interest Paid Classified As Financing Activities						-75
Interest Paid Classified As Operating Activities						75
Interest Payable Similar Charges Finance Costs			45			75
Interest Received Classified As Investing Activities						202	28 216
Interest Received Classified As Operating Activities						202	28 216
Key Management Personnel Compensation Share-based Payment							331 816
Key Management Personnel Compensation Short-term Employee Benefits						653 052	915 506
Key Management Personnel Compensation Total						653 052	1 247 322
Loans Owed By Related Parties		41 815	95 771	1 000 487	2 054 922
Marketing Average Number Employees						14	16
Minimum Operating Lease Payments Recognised As Expense						71 538	99 998
Net Cash Flows From Used In Financing Activities						-2 369 787	-409 383
Net Cash Flows From Used In Investing Activities						-875 540	-2 068 544
Net Cash Flows From Used In Operating Activities						4 567 298	3 873 707
Net Cash Generated From Operations						5 272 296	4 403 122
Net Cash Inflow Outflow From Operations Before Movements In Working Capital						6 710 573	4 399 127
Net Current Assets Liabilities		2 172 874	1 098 957	823 546	1 537 073	6 576 569	8 605 424
Net Debt Funds						3 567 893	5 373 056
Number Equity Instruments Exercised Share-based Payment Arrangement							358
Number Equity Instruments Forfeited Share-based Payment Arrangement							53
Number Equity Instruments Granted Share-based Payment Arrangement					313
Number Equity Instruments Outstanding Share-based Payment Arrangement					313	411
Number Shares Issued Fully Paid				2	2	2	2
Operating Profit Loss			1 921 692	1 822 047	1 702 104
Other Creditors			575 077	96 780	83 862	121 160	6 724
Other Departments Average Number Employees						32	42
Other Employee Expense						4 964	18 920
Other Finance Income							599
Other Interest Receivable Similar Income Finance Income			7 748	2 509	243	202	28 216
Other Operating Income Format1						5 054
Other Payables Accrued Expenses						329 192	977 086
Other Short-term Employee Benefits						10 885	11 685
Par Value Share		1	1		1		1
Payments To Related Parties					43 620
Pension Costs Defined Contribution Plan						153 708	182 204
Prepayments				252 750	276 153	258 861	247 338
Proceeds From Sales Property Plant Equipment						50 509	925
Profit Loss			1 544 773	1 517 473	1 437 293	4 775 751	3 571 199
Profit Loss On Ordinary Activities Before Tax			1 929 395	1 824 556	1 702 347	5 744 818	3 576 454
Property Plant Equipment Gross Cost						120 363	170 694
Provisions						94 638	213 949
Provisions For Liabilities Balance Sheet Subtotal			31 937	23 953	15 084	94 638	213 949
Purchase Intangible Assets						-898 651	-2 046 262
Purchase Property Plant Equipment						-27 600	-51 423
Research Development Expense Recognised In Profit Or Loss				156 964	156 054	11 729	202 809
Revenue From Rendering Services						22 641 441	26 766 812
Selling Average Number Employees						26	35
Social Security Costs						290 038	564 513
Staff Costs Employee Benefits Expense						2 803 547	4 135 951
Taxation Social Security Payable			31 912	43 627	70 714	168 019	249 524
Tax Expense Credit Applicable Tax Rate						1 091 515	679 526
Tax Increase Decrease Arising From Group Relief Tax Reconciliation						-986	-597 395
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit						-120 517	-79 468
Tax Increase Decrease From Effect Capital Allowances Depreciation						9 399	948
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss						423	1 644
Tax Increase Decrease From Other Tax Effects Tax Reconciliation						-10 767
Tax Tax Credit On Profit Or Loss On Ordinary Activities			384 622	307 083	265 054	969 067	5 255
Total Assets Less Current Liabilities		2 172 874	1 258 641	1 193 096	2 170 230	9 261 662	12 536 388
Total Borrowings					317 002
Trade Creditors Trade Payables			72 958	484 507	816 612	1 288 715	1 734 090
Trade Debtors Trade Receivables			9 440	14 913	843	2 107	8 682
Turnover Revenue			6 433 503	8 357 224	10 426 328	22 641 441	26 766 812
Unpaid Contributions To Pension Schemes						13 670	19 145
Wages Salaries						2 343 952	3 358 629
Weighted Average Exercise Price Equity Instruments Exercised Share-based Payment Arrangement							560
Weighted Average Exercise Price Equity Instruments Granted Share-based Payment Arrangement					560
Weighted Average Exercise Price Equity Instruments Outstanding Share-based Payment Arrangement						560
Amount Specific Advance Or Credit Directors						686 000
Amount Specific Advance Or Credit Repaid In Period Directors							-686 000
Company Contributions To Money Purchase Plans Directors						5 241	4 314
Director Remuneration						223 740	542 969
Number Directors Accruing Benefits Under Money Purchase Scheme						2	2
Number Directors Who Received Or Were Entitled To Receive Shares Under Long Term Incentive Schemes						1	1
Amount Due From To Related Party		-16 872	-999
Creditors Due Within One Year	494 283	599 614	679 947
Number Shares Allotted	2	2	2
Provisions For Liabilities Charges			31 937
Value Shares Allotted	2	2	2