W. DENIS (INSURANCE BROKERS) PLC

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Buckle Barton Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. W. DENIS (INSURANCE BROKERS) PLC · parent
   1. W Denis Europe, UADBB 100% · Lithuania
   2. W Denis Insurance Brokers International Ltd 100% · Cyprus

Significant events

• “The reduction in turnover this year was due to a reduced number of large one off policies, which entail significant intermediary costs and consequently this has reduced the cost of sales associated with them.”
• “Over the course of the year we experienced an increase of annually renewable business which largely offset the one off policies, leaving a reduction in gross profit from June 2024 of £0.4m or 4%.”
• “Despite increased costs from inflationary pressures and the costs associated with operating from temporary serviced offices over the course of the year whilst our fantastic new headquarters at 8 St Paul's Street in Leeds has been constructed, we have kept operating costs slightly under those from the prior year. This has resulted in a strong annual profit before tax, almost identical to last year.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -13.1%

  £12,492,879 → £10,850,615

  lowest in 4 filed years

• Cash

  -34.3%

  £12,647,738 → £8,313,149

  lowest in 5 filed years

• Net assets

  +42.5%

  £1,944,911 → £2,771,456

• Employees

  -2.2%

  91 → 89

• Operating profit

  -18.1%

  £1,372,885 → £1,124,172

  lowest in 4 filed years

• Profit before tax

  -0.7%

  £1,562,131 → £1,551,683

• Wages

  -6.9%

  £5,699,496 → £5,308,074

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers