BROKER DIRECT PLC
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Cash
£11M
-15.8% lowest in 3 filed years
Net assets
£2.2M
-47% lowest in 3 filed years
Employees
154
-14% lowest in 3 filed years
Profit before tax
-£1.9M
-602.9% lowest in 3 filed years
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £27,483,852 | £18,016,026 | £14,547,625 | -19.3% | |
| Operating profit | £1,133,598 | -£234,452 | -£2,154,519 | -819% | |
| Profit before tax | £1,889,754 | £367,960 | -£1,850,338 | -602.9% | |
| Net profit | £1,468,229 | £269,238 | -£1,860,371 | -791% | |
| Cash | £17,700,046 | £13,434,374 | £11,314,731 | -15.8% | |
| Total assets less current liabilities | £4,523,597 | £4,371,819 | £2,420,224 | -44.6% | |
| Net assets | £3,930,324 | £4,131,717 | £2,189,254 | -47% | |
| Equity | £3,930,324 | £4,131,717 | £2,189,254 | -47% | |
| Average employees | 196 | 179 | 154 | -14% | |
| Wages | £7,006,004 | £6,586,409 | £6,028,463 | -8.5% | |
| Directors' remuneration | £651,288 | £457,382 | £395,942 | -13.4% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 4.1% | -1.3% | -14.8% | |
| Net margin | 5.3% | 1.5% | -12.8% | |
| Return on capital employed | 25.1% | -5.4% | -89.0% | |
| Current ratio | 1.17x | 1.38x | 1.19x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- BROKER DIRECT PLC 1996-10-01 → present
- BROKER DIRECT DEVELOPMENT PLC 1994-08-12 → 1996-10-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having undertaken this assessment and after due consideration, including an assessment of the impact of severe but plausible scenarios, the Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future, being at least 12 months from the date of this report, and so determine that it is appropriate for the 2025 Financial Statements to be prepared on a going concern basis.”
Group structure
- BROKER DIRECT PLC · parent
- Proficient Insurance Administration Limited 100%
- BDElite Limited 80%
Significant events
- “The announcement in the summer 2023 by one of Broker Direct's largest partners, Zurich UK, that they would cease to distribute their home and motor products through regional brokers, followed by the announcement in the summer of 2024 that Accredited Insurance Europe Ltd would not renew CPD's capacity, has directly impacted Broker Direct's results.”
- “This downturn, identified in both the 2023 and 2024 Chair-man's Reports, materialised in 2024 and 2025.”
- “During the year we ceased distributing broker EDI products since we were unable to attract another carrier but we launched several ranges of products to our brokers using new technology.”
- “BDElite expanded its services during 2025 and this will have a significant effect on income going forward.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BALLAGO, Jane | Secretary | 2024-08-19 | — | — |
| BRADSHAW, Barbara | Director | 2013-04-25 | Aug 1951 | British |
| GOLDER, Joyce Ann | Director | 2012-03-01 | Apr 1969 | British |
| GRAY, Iain Julian | Director | 1996-10-03 | Jul 1962 | British |
| GREEN, Roy | Director | 1994-08-31 | Jun 1946 | British |
| RHODES, John Kedric | Director | 2009-05-01 | Dec 1944 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRADSHAW, Barbara | Secretary | 1994-08-25 | 1996-10-03 |
| GRAY, Iain Julian | Secretary | 1996-10-03 | 2021-07-05 |
| MAKIN, Daran | Secretary | 2021-07-05 | 2024-08-19 |
| THORNTON, Martin Hewson | Secretary | 1994-08-12 | 1994-08-25 |
| BEDDALL, Andrew Simon | Director | 2003-09-09 | 2004-01-01 |
| BRADSHAW, Barbara | Director | 1994-08-25 | 1996-10-03 |
| EVELEIGH, Robert | Director | 1996-10-03 | 1998-12-31 |
| FEHLER, Barry | Director | 1994-08-31 | 2010-08-31 |
| HARRIS, Neil Charles | Director | 1996-10-03 | 2013-12-31 |
| JONES, Gareth Austin | Director | 1999-01-01 | 2003-09-09 |
| LOMAS, Mark Mallyon | Director | 1994-08-12 | 1994-08-25 |
| PADDICK, Andrew Neville | Director | 1994-08-25 | 2008-01-24 |
| ROBERTSON, Stuart John | Director | 2004-01-01 | 2005-07-27 |
| SHAW, Frank Dudley | Director | 1994-08-31 | 1996-10-03 |
| STANLEY, Terence Edward | Director | 1997-01-01 | 2021-07-05 |
| THORNTON, Martin Hewson | Director | 1994-08-31 | 1996-10-03 |
| THORNTON, Martin Hewson | Director | 1994-08-12 | 1994-08-25 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 194 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-07-29 RESOLUTIONS Resolution
- 2022-06-30 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-29 | AA | accounts | Accounts with accounts type group | |
| 2025-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-30 | AA | accounts | Accounts with accounts type group | |
| 2024-08-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-19 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-08-19 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-06-05 | AA | accounts | Accounts with accounts type group | |
| 2023-08-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-25 | CH01 | officers | Change person director company with change date | |
| 2023-07-25 | CH01 | officers | Change person director company with change date | |
| 2023-07-25 | CH01 | officers | Change person director company with change date | |
| 2023-05-31 | AA | accounts | Accounts with accounts type group | |
| 2022-08-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-29 | RESOLUTIONS | resolution | Resolution | |
| 2022-06-30 | MA | incorporation | Memorandum articles | |
| 2022-06-07 | AA | accounts | Accounts with accounts type group | |
| 2021-08-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-19 | TM01 | officers | Termination director company with name termination date | |
| 2021-07-19 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-07-19 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.