Romero Insurance Brokers Limited in Leeds, LS19 7ZA

Description

Data updated on: 01-11-2023

Romero Insurance Brokers came into being in 1997 as a company enlisted under no 03362483, located at LS19 7ZA Leeds at Romero House 8 Airport West, Lancaster Way. This company has been in business for 27 years and its last known state is active. Registered as Romero Insurance Services, this business used the business name until 2000-05-22, at which point it got changed to Romero Insurance Brokers Limited. The firm's SIC and NACE codes are 66220, that means Activities of insurance agents and brokers. 2022-04-30 is the last time the accounts were reported.

Taking into consideration this specific company's constant development, it was imperative to appoint further directors, including: Sean G., David H., Stuart Q. who have been collaborating since December 2023 to promote the success of the business. To support the directors in their duties, this business has been utilizing the skills of Victoria R. as a secretary since 2000.

Previous company's names
Romero Insurance Brokers Limited 2000-05-22
Romero Insurance Services Limited 1997-04-30

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-04-30	2022-04-30
Currency

Balance Sheet
Cash Bank On Hand	9 416 206	8 549 441
Current Assets	15 340 403	17 329 507
Debtors	5 924 197	8 780 066
Net Assets Liabilities	3 235 446	5 138 869
Other Debtors	21 306	35 902
Property Plant Equipment	512 778	551 939

Other Financial Data
Audit Fees Expenses	8 200	8 200
Audit-related Assurance Services Fees	1 500	1 500
Other Non-audit Services Fees	1 170	9 540
Taxation Compliance Services Fees	300	300
Accrued Liabilities Deferred Income	1 000 596	1 607 968
Accumulated Amortisation Impairment Intangible Assets	227 226
Accumulated Depreciation Impairment Property Plant Equipment	644 192	776 949
Additions Other Than Through Business Combinations Property Plant Equipment		244 005
Administrative Expenses	7 242 173	8 526 848
Average Number Employees During Period	125	131
Capital Reduction Decrease In Equity	1 667	2 500
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	67 727	21 260
Cash Cash Equivalents Cash Flow Value	9 416 206	8 549 441
Comprehensive Income Expense	2 968 789	3 836 142
Corporation Tax Payable	725 174	492 998
Cost Sales	307 558	356 147
Creditors	10 503	12 694 644
Current Tax For Period	714 092	927 414
Deferred Income	58 341	59 400
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	5 705	9 551
Depreciation Impairment Expense Property Plant Equipment	139 444	188 324
Dividends Paid	1 401 284	1 623 669
Dividends Paid Classified As Financing Activities	-1 401 284	-1 623 669
Dividends Paid On Shares Interim	1 401 284	1 623 669
Finance Lease Liabilities Present Value Total	10 503	10 504
Finance Lease Payments Owing Minimum Gross	43 909	10 504
Further Item Tax Increase Decrease Component Adjusting Items	3 424	35 782
Future Minimum Lease Payments Under Non-cancellable Operating Leases	35 000	35 000
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss		1 732
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-885 232	-379 813
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-36 395	2 855 869
Gain Loss On Disposals Property Plant Equipment		2 480
Government Grant Income	199 574	21 903
Gross Profit Loss	10 727 181	13 247 783
Income Taxes Paid Refund Classified As Operating Activities	-270 158	-1 135 610
Increase Decrease In Current Tax From Adjustment For Prior Periods		-23 980
Increase From Depreciation Charge For Year Property Plant Equipment		188 324
Intangible Assets Gross Cost	227 226
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	153
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	3 439	1 315
Interest Income On Bank Deposits	7 596	7 604
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss	7 596	7 604
Interest Payable Similar Charges Finance Costs	3 592	1 315
Interest Received Classified As Investing Activities	-7 596	-7 604
Issue Equity Instruments	17 470	2 950
Net Cash Flows From Used In Operating Activities	-4 476 374	-1 316 760
Net Cash Generated From Operations	-4 750 124	-2 453 685
Net Current Assets Liabilities	2 771 553	4 634 863
Net Finance Income Costs	7 596	7 604
Net Interest Paid Received Classified As Operating Activities	-3 592	-1 315
Operating Profit Loss	3 684 582	4 742 838
Other Creditors	21 330	36 996
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		55 567
Other Disposals Property Plant Equipment		72 087
Other Interest Receivable Similar Income Finance Income	7 596	7 604
Other Operating Income Format1	199 574	21 903
Other Taxation Social Security Payable	102 632	126 970
Payments Finance Lease Liabilities Classified As Financing Activities	-37 514	-33 405
Payments To Acquire Own Shares	-180 179	-312 000
Payments To Redeem Own Shares	-1 667
Pension Other Post-employment Benefit Costs Other Pension Costs	291 535	532 559
Prepayments Accrued Income	181 834	145 279
Proceeds From Issuing Shares	-17 470	-2 950
Proceeds From Sales Property Plant Equipment		-19 000
Profit Loss	2 968 789	3 836 142
Profit Loss On Ordinary Activities Before Tax	3 688 586	4 749 127
Property Plant Equipment Gross Cost	1 156 970	1 328 888
Purchase Property Plant Equipment	-264 270	-244 005
Redemption Shares Decrease In Equity	1 667	-2 500
Social Security Costs	451 807	496 242
Staff Costs Employee Benefits Expense	5 361 245	6 067 291
Taxation Including Deferred Taxation Balance Sheet Subtotal	38 382	47 933
Tax Expense Credit Applicable Tax Rate	700 831	902 334
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	36 834	39 242
Tax Increase Decrease From Other Short-term Timing Differences	-25 373	-49 943
Tax Tax Credit On Profit Or Loss On Ordinary Activities	719 797	912 985
Total Assets Less Current Liabilities	3 284 331	5 186 802
Total Current Tax Expense Credit	714 092	903 434
Total Operating Lease Payments	577 048	599 616
Trade Creditors Trade Payables	10 627 371	10 359 808
Trade Debtors Trade Receivables	5 721 057	8 598 885
Turnover Revenue	11 034 739	13 603 930
Wages Salaries	4 617 903	5 038 490
Company Contributions To Defined Benefit Plans Directors	6 960	7 437
Director Remuneration	219 265	217 725
Director Remuneration Benefits Including Payments To Third Parties	226 225	225 162