INSURANCE FACTORY LIMITED
Get an alert when INSURANCE FACTORY LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£9.8m
-23.2% lowest in 3 filed years
Net assets
£33m
-3.6% lowest in 3 filed years
Employees
532
-10.7% lowest in 3 filed years
Profit before tax
-£2m
-250.6% 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 | £63,601,000 | £55,070,000 | £48,447,000 | -12% | |
| Operating profit | £9,207,000 | £2,019,000 | -£1,453,000 | -172% | |
| Profit before tax | £8,584,000 | £1,348,000 | -£2,030,000 | -250.6% | |
| Net profit | £6,553,000 | £1,181,000 | -£1,215,000 | -202.9% | |
| Cash | £13,753,000 | £12,807,000 | £9,830,000 | -23.2% | |
| Total assets less current liabilities | £44,097,000 | £46,629,000 | — | — | |
| Net assets | £32,655,000 | £33,836,000 | £32,621,000 | -3.6% | |
| Equity | £32,655,000 | £33,836,000 | £32,621,000 | -3.6% | |
| Average employees | 644 | 596 | 532 | -10.7% | |
| Wages | £17,759,000 | £15,314,000 | £14,494,000 | -5.4% | |
| Directors' remuneration | £471,000 | £236,000 | — | — | |
| Directors' pension contributions | £48,000 | £8,000 | — | — | |
| Highest paid director | £471,000 | £236,000 | — | — |
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 | 14.5% | 3.7% | -3.0% | |
| Net margin | 10.3% | 2.1% | -2.5% | |
| Return on capital employed | 20.9% | 4.3% | — | |
| Gearing (liabilities / total assets) | 76.3% | 69.9% | 64.1% | |
| Current ratio | 1.40x | 1.64x | 1.83x | |
| Interest cover | 14.78x | 3.01x | -2.52x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company operates within a group structure where funding, capital and liquidity are managed on a centralised basis, with resources allocated across the Group as required. Accordingly, the Company's ability to meet its obligations is supported by the Group's overall financial resources, including, where necessary, financial support from the parent undertaking. The Company's immediate parent entity, Markerstudy Group Limited (“MGL"), has provided a letter of support confirming that it will continue to provide financial support to the Company such that it will continue to be able to meet its obligations as they fall due for a period of at least 12 months from the date of approval of these financial statements. The Markerstudy Group meets its day-to-day working capital requirements through its cash reserves and borrowings. The Markerstudy Group's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the Group should be able to operate within the level of its current cash reserves and borrowings. The Directors are therefore confident that there will be sufficient positive cash flows to support the liquidity and solvency of the Company. On this basis, the Directors continue to prepare these financial statements on a going concern basis.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PAYNE, Christopher James | Secretary | 2015-09-18 | — | — |
| MACKLE, Feilim | Director | 2025-08-01 | Jul 1967 | Irish |
| PATEL, Tushar Surendra | Director | 2025-08-01 | Oct 1972 | British |
| RAWLINSON, Emma Jane | Director | 2025-03-07 | Sep 1980 | British |
| THOMSON, Kartina Tahir | Director | 2025-09-18 | May 1976 | British |
| WINLOW, Mark | Director | 2026-01-02 | Apr 1962 | British |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARBER, Keith John | Secretary | 2006-11-16 | 2011-09-13 |
| GREGG, Paula Francis | Secretary | 1994-10-24 | 2006-11-16 |
| HAYWARD, Susan Elizabeth | Secretary | 2011-09-13 | 2015-09-18 |
| EXPRESS SECRETARIES LIMITED | Corporate Nominee Secretary | 1994-10-24 | 1994-10-24 |
| BALL, Craig David | Director | 2024-06-26 | 2025-03-07 |
| BARBER, Keith John | Director | 2006-11-16 | 2024-03-13 |
| BARLOW, Ellie | Director | 2023-11-01 | 2025-01-31 |
| BARRINGTON, Ross Leslie | Director | 2017-06-13 | 2024-06-26 |
| BENCE, Russell James | Director | 2015-01-23 | 2016-04-30 |
| BRITTAIN, Michael Richard | Director | 2015-02-23 | 2021-11-02 |
| CASTAGNO, Giovanni (John) | Director | 2023-11-01 | 2024-02-15 |
| COLLINGS, Christopher Thomas | Director | 2016-01-01 | 2026-02-28 |
| DONALDSON, Ian James | Director | 2024-06-26 | 2025-03-07 |
| DONALDSON, Matthew Oliver | Director | 2021-09-06 | 2023-03-29 |
| FORCEY, David John | Director | 2015-07-27 | 2016-05-06 |
| GREGG, Colin John | Director | 1994-10-24 | 2009-09-10 |
| HOLMAN, Martyn John | Director | 2015-06-22 | 2017-11-01 |
| HUMPHREYS, Gary | Director | 2006-11-16 | 2021-11-02 |
| JACKSON, John David | Director | 2016-02-05 | 2021-07-14 |
| LEWIS, Catherine Ellen | Director | 2024-06-26 | 2025-06-20 |
| ROWE, Gavin John | Director | 2021-11-02 | 2022-08-31 |
| SCARR, Craig Anthony | Director | 2024-01-01 | 2024-02-15 |
| SHEPHERD, Rebecca Jane, Ms | Director | 2024-06-26 | 2025-08-01 |
| SPENCER, Kevin Ronald | Director | 2006-11-16 | 2024-03-13 |
| WATSON, Andrew Stuart | Director | 2024-06-26 | 2025-05-31 |
| EXPRESS DIRECTORS LIMITED | Corporate Nominee Director | 1994-10-24 | 1994-10-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Markerstudy Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-07-15 | Active |
| Mr Kevin Ronald Spencer | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-06-25 | Ceased 2021-07-15 |
| Markerstudy Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 159 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-05 | AA | accounts | Accounts with accounts type full | |
| 2026-07-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-03 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-16 | AA | accounts | Accounts with accounts type full | |
| 2025-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-19 | AA | accounts | Accounts with accounts type full | |
| 2024-08-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-02 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.