Willis & Company (insurance Brokers) Limited, BT1 2FH

Description

Data updated on: 01-11-2023

This Willis & Company (insurance Brokers) Limited firm has been offering its services for at least 27 years, as it's been established in 1997. Registered under the number NI032004, Willis & Company (insurance Brokers) is categorised as a Private Limited Company with office in 55-59 Donegal Street, Belfast BT1 2FH. The company's declared SIC number is 66190 which stands for Activities auxiliary to financial intermediation n.e.c.. Willis & Company (insurance Brokers) Ltd released its latest accounts for the financial period up to 2022-12-31. Its latest confirmation statement was filed on 2023-01-09.

According to the information we have, the company was built in 1997-02-26 and has been supervised by twelve directors, and out this collection of individuals seven (Colin W., Stephen W., Mark W. and 4 others listed below) are still active.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	3 511 192	2 834 346	2 503 623	3 369 504
Current Assets	9 280 065	8 509 207	9 938 357	13 254 551
Debtors	5 768 873	5 674 861	7 434 734	9 885 047
Net Assets Liabilities	4 747 509	5 289 135	6 423 806	7 119 732
Other Debtors	200 875	81 047	57 198
Property Plant Equipment	253 920	274 960	281 443	256 832

Other Financial Data
Audit Fees Expenses	6 600	6 600	9 000	9 000
Accrued Liabilities Deferred Income	422 038	409 252	504 947	629 656
Accumulated Depreciation Impairment Property Plant Equipment	317 879	395 355	483 185	579 580
Additions Other Than Through Business Combinations Property Plant Equipment		98 516	94 313	71 784
Administrative Expenses	4 778 970	4 704 700	5 356 432	5 300 503
Amounts Owed By Group Undertakings	1 975 652	2 123 258	3 311 693
Amounts Owed To Group Undertakings			65 736
Average Number Employees During Period	85	83	90	90
Corporation Tax Payable	157 672	167 362		102 468
Corporation Tax Recoverable			111
Creditors	6 200 534	6 232 785	6 525 781	8 553 552
Current Tax For Period	369 053	399 876	495 540	784 140
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period	20 243	-2 551	3 530	4 888
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws				9 014
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	20 243	-2 551	3 530	-4 126
Depreciation Expense Property Plant Equipment	27 190	77 476	87 830
Disposals Investment Property Fair Value Model			234 000
Dividend Income	10 444	6 923	5 701	6 004
Dividends Paid	847 984	1 000 000	1 272 000	1 722 000
Dividends Paid On Shares Final	847 984	1 000 000	1 272 000	1 722 000
Fixed Assets	1 714 669	3 051 853	3 043 900	2 456 291
Further Item Current Tax Expense Credit Component Total Current Tax Expense			-21 550
Further Item Interest Expense Component Total Interest Expense	619		738	628
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss		-631 904
Further Item Tax Increase Decrease Component Adjusting Items	2 247	-52 670	-41 676	-59 421
Future Minimum Lease Payments Under Non-cancellable Operating Leases	394 979	642 894	525 681	828 372
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-1 996	1 900	-8 497	-7 038
Gain Loss On Disposals Other Non-current Assets	14 553	80 516	-618	312 742
Gain Loss On Financial Assets Fair Value Through Profit Or Loss	182 876	201 581	219 964	-615 363
Government Grant Income	28 000	98 111	46 067
Group Tax Relief Received Paid			-21 550
Impairment Loss Reversal On Investments	-197 429	-277 208	-219 346
Increase Decrease From Fair Value Adjustment Investment Property Fair Value Model		-4 889
Increase Decrease In Current Tax From Adjustment For Prior Periods	-4 019			5 120
Increase From Depreciation Charge For Year Property Plant Equipment		77 476	87 830	96 395
Interest Income	9 930	3 471	4 098	12 219
Interest Income From Group Undertakings Participating Interests			3 840	4 169
Interest Income On Bank Deposits	9 930	3 286	258	8 050
Interest Payable Similar Charges Finance Costs	619		738	2 341
Investment Property	238 889	234 000
Investment Property Fair Value Model	238 889	234 000
Investments	1 066 610	153 650	2 756 157	2 199 459
Investments Fixed Assets	1 221 860	2 542 893	2 762 457	2 199 459
Net Current Assets Liabilities	3 079 531	2 276 422	3 412 576	4 700 999
Net Finance Income Costs	20 374	10 394	9 799	18 223
Operating Profit Loss	2 135 275	1 651 349	2 677 334
Other Creditors	4 304	4 846	1 845
Other Interest Income		185
Other Interest Receivable Similar Income Finance Income	20 374	10 394	9 799	18 223
Other Operating Income Format1	50 726	130 660	173 181
Other Provisions Balance Sheet Subtotal	15 000	10 000
Other Taxation Social Security Payable	65 079	79 912	79 758	125 825
Pension Other Post-employment Benefit Costs Other Pension Costs	305 459	222 876	308 352	248 082
Prepayments Accrued Income	179 429	272 250	320 189	367 637
Profit Loss	1 967 182	1 541 626	2 406 671	2 417 926
Profit Loss On Ordinary Activities Before Tax	2 352 459	1 938 951	2 905 741	3 212 074
Property Plant Equipment Gross Cost	571 799	670 315	764 628	836 412
Social Security Costs	244 740	251 469	312 366
Staff Costs Employee Benefits Expense	3 379 793	3 321 785	3 598 579	3 685 070
Taxation Including Deferred Taxation Balance Sheet Subtotal	31 691	29 140	32 670	37 558
Tax Decrease Increase From Effect Revenue Exempt From Taxation			1 900
Tax Expense Credit Applicable Tax Rate	446 967	368 401	552 091	610 294
Tax Increase Decrease From Effect Capital Allowances Depreciation	-34 493	-4 078	6 713
Tax Increase Decrease From Effect Dividends From Companies	-1 984	-1 315	-1 083	-1 141
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	20 776	149 221	102 270	163 281
Tax Tax Credit On Profit Or Loss On Ordinary Activities	385 277	397 325	499 070	794 148
Total Assets Less Current Liabilities	4 794 200	5 328 275	6 456 476	7 157 290
Total Current Tax Expense Credit	365 034	399 876	495 540	789 260
Total Deferred Tax Expense Credit			3 530	4 888
Total Operating Lease Payments	247 799	379 115	281 566
Trade Creditors Trade Payables	5 551 441	5 571 413	5 873 495	7 632 352
Trade Debtors Trade Receivables	3 412 917	3 198 306	3 745 543	5 230 358
Turnover Revenue	6 863 519	6 857 293	7 860 585
Wages Salaries	2 829 594	2 847 440	2 977 861	3 027 514
Company Contributions To Defined Benefit Plans Directors	172 768	74 344	100 899	100 727
Director Remuneration	194 967	226 953	198 975	182 844
Director Remuneration Benefits Including Payments To Third Parties	367 735	301 297	299 874	283 571

Company staff

Colin W.

Role: Director

Appointed: 01 June 2018

Latest update: 12 March 2024

Stephen W.

Role: Director

Appointed: 18 November 2013

Latest update: 12 March 2024

Mark W.

Role: Director

Appointed: 01 June 2011

Latest update: 12 March 2024

John B.

Role: Director

Appointed: 01 January 2011

Latest update: 12 March 2024

Richard W.

Role: Director

Appointed: 10 September 2008

Latest update: 12 March 2024

Robert W.

Role: Director

Appointed: 26 February 1997

Latest update: 12 March 2024

Peter L.

Role: Director

Appointed: 26 February 1997

Latest update: 12 March 2024

William B.

Role: Director

Appointed: 10 September 2008

Resigned: 18 March 2015

Latest update: 12 March 2024

Dorothy W.

Role: Director

Appointed: 12 October 2005

Resigned: 27 May 2010

Latest update: 12 March 2024

Austin L.

Role: Director

Appointed: 14 July 1999

Resigned: 30 September 2004

Latest update: 12 March 2024

John H.

Role: Director

Appointed: 26 February 1997

Resigned: 31 December 2018

Latest update: 12 March 2024

Dorothy W.

Role: Secretary

Appointed: 26 February 1997

Resigned: 03 December 2020

Latest update: 12 March 2024

Paul W.

Role: Director

Appointed: 26 February 1997

Resigned: 31 December 2002

Latest update: 12 March 2024

People with significant control

Executives who have control over the firm are as follows: Stephen W. has substantial control or influence over the company. Mark W. has substantial control or influence over the company. Colin W. has substantial control or influence over the company.

Stephen W.

Notified on 6 April 2016

Nature of control:

substantial control or influence

Mark W.

Notified on 6 April 2016

Nature of control:

substantial control or influence

Colin W.

Notified on 6 April 2016

Nature of control:

substantial control or influence

Richard W.

Notified on 6 April 2016

Nature of control:

substantial control or influence

Wf Risk Group Limited

Address: 55-59 Donegall Street, Belfast, BT1 2FH, Northern Ireland

Legal authority Companies Act 2006

Legal form Private Limited Comany

Country registered Northern Ireland

Place registered Northern Ireland

Registration number Ni647377

Notified on 13 December 2017

Ceased on 14 December 2017

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Robert W.

Notified on 6 April 2016

Ceased on 13 December 2017

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	23 January 2024
Confirmation statement last made up date	09 January 2023

Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Willis & Company (insurance Brokers) Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Colin W.

Stephen W.

Mark W.

John B.

Richard W.

Robert W.

Peter L.

William B.

Dorothy W.

Austin L.

John H.

Dorothy W.

Paul W.

People with significant control

Stephen W.

Mark W.

Colin W.

Richard W.

Wf Risk Group Limited

Robert W.

Accounts Documents

Company filings

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