INSURANCE CLAIMS ACCOMMODATION BUREAU LIMITED

1. INSURANCE CLAIMS ACCOMMODATION BUREAU LIMITED 2008-09-29 → present
2. INSURANCE CLAIMS HOTEL BUREAU LIMITED 2002-10-23 → 2008-09-29

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

Town & Forest

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Significant events

• “Turnover was down by 19.22% on the previous year due largely to market factors.”
• “gross profit margin improved to 8.33% (2023/24: 7.5%), but net profit before tax declined to 1.61% (2023/24:2.86%).”
• “Housing associations are growing rapidly and to meet ever growing demand from local councils engaged in cladding repairs, a major incidents department has been created to react quickly to substantial requests for alternative accommodation. Considerable growth in this area is expected in 2025/6 and subsequent years.”
• “Investment strategy remains mainly targeted at IT and Al projects especially in the areas of data capture and advanced processing systems.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -19.2%

  £96,779,597 → £78,186,094

• Cash

  -13.8%

  £1,730,108 → £1,490,879

• Net assets

  +2.4%

  £7,074,547 → £7,246,888

• Employees

  +6.1%

  82 → 87

• Operating profit

  -59.3%

  £2,756,890 → £1,122,170

• Profit before tax

  -54.5%

  £2,768,811 → £1,259,960

• Wages

  +14.5%

  £2,838,278 → £3,250,157

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