NOWELL & RICHARDS INSURANCE SERVICES LIMITED
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Cash
£1.1M
+36.2% vs 2024
Net assets
£5.3M
+40.5% highest in 4 filed years
Employees
30
+3.4% highest in 4 filed years
Profit before tax
£2M
+28.9% vs 2024
Net assets
4-year trend · vs Financials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2020-02-29 | 2021-02-28 | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | — | £3,369,049 | £3,991,501 | +18.5% | |
| Operating profit | — | — | £1,583,599 | £2,020,422 | +27.6% | |
| Profit before tax | — | — | £1,585,924 | £2,044,748 | +28.9% | |
| Net profit | — | — | £1,172,653 | £1,523,796 | +29.9% | |
| Cash | £1,422,698 | £1,725,877 | £773,462 | £1,053,280 | +36.2% | |
| Total assets less current liabilities | £1,535,681 | £1,713,494 | £3,783,295 | £5,302,137 | +40.1% | |
| Net assets | £1,528,792 | £1,708,795 | £3,760,047 | £5,283,843 | +40.5% | |
| Equity | £1,528,792 | £1,708,795 | £3,760,047 | £5,283,843 | +40.5% | |
| Average employees | 25 | 24 | 29 | 30 | +3.4% | |
| Wages | — | — | £1,171,769 | £1,262,696 | +7.8% | |
| Directors' remuneration | — | — | £106,073 | £112,864 | +6.4% |
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 | 2020-02-29 | 2021-02-28 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 47.0% | 50.6% | |
| Net margin | — | — | 34.8% | 38.2% | |
| Return on capital employed | — | — | 41.9% | 38.1% | |
| Gearing (liabilities / total assets) | — | — | 36.1% | 31.3% | |
| Current ratio | — | — | 2.75x | 3.20x |
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
- NOWELL & RICHARDS INSURANCE SERVICES LIMITED 1999-06-08 → present
- IM BIRMINGHAM (122) LIMITED 1999-04-19 → 1999-06-08
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and have therefore concluded that the Company's financial statements should be prepared 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
2 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NOWELL, Richard James | Director | 1999-04-22 | Jul 1965 | British |
| WRIGHT, Kathren | Director | 2022-05-26 | Feb 1972 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JOHAL, Resh | Secretary | 1999-04-19 | 1999-04-22 |
| NOWELL, Valerie Joan | Secretary | 1999-04-22 | 2009-11-23 |
| BAILEY, Robert Anthony | Director | 1999-04-19 | 1999-04-22 |
| HARVEY, James Edward | Director | 1999-04-22 | 2023-04-27 |
| NOWELL, Philip | Director | 1999-04-22 | 2009-11-23 |
| NOWELL, Valerie Joan | Director | 1999-04-22 | 2009-11-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ferranti Effect Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-04-15 | Active |
| Presford Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2019-04-15 |
Filing timeline
Last 20 of 98 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-04 | AA | accounts | Accounts with accounts type full | |
| 2025-12-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-11 | SH01 | capital | Capital allotment shares | |
| 2025-04-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-20 | AA | accounts | Accounts with accounts type full | |
| 2024-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-07 | AA | accounts | Accounts with accounts type full | |
| 2023-05-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-04 | AA | accounts | Accounts with accounts type full | |
| 2022-05-30 | AP01 | officers | Appoint person director company with name date | |
| 2022-03-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-03-24 | CH01 | officers | Change person director company with change date | |
| 2022-02-15 | AA01 | accounts | Change account reference date company current extended | |
| 2022-02-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-11-11 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-11-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-08-24 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- 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.