INSURANCE FACTORY LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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 101

Reporting scope

Standalone (parent only)

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Following work undertaken and enquiries made, the directors believe that the Company is well placed to manage the risks facing it and are satisfied that the Company has adequate resources for at least 12 months from the date of these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements (see Note 2).”

Significant events

• “Following the Markerstudy Group acquisition of the UK personal lines broking businesses of the Ardonagh Group (completed in June 2024), the business was integrated into a new broader operating division within the Markerstudy Group, known as Markerstudy Distribution.”
• “The transition of employment and other operational contracts from the Company to this new entity commenced 1 April 2024. This allows the Company to focus on its core insurance intermediary activity.”
• “The Company became classified as a "fixed portfolio firm" by the FCA during 2024.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  -10%

  £63,601,000 → £57,252,000

• Cash

  -6.9%

  £13,753,000 → £12,807,000

• Net assets

  +3.6%

  £32,655,000 → £33,836,000

• Employees

  -7.5%

  644 → 596

• Operating profit

  -78.1%

  £9,207,000 → £2,019,000

• Profit before tax

  -84.3%

  £8,584,000 → £1,348,000

• Wages

  -13.8%

  £17,759,000 → £15,314,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers