W. Denis (Insurance Brokers) PLC
Registered name: W. DENIS (INSURANCE BROKERS) PLC
Part of W Denis (Holdings) PLC groupW. Denis (Insurance Brokers) PLC made £10.9m revenue and £1.6m profit in the year to 30 Jun 2025. read from filing text
W. Denis (Insurance Brokers) PLC’s revenue fell 13% to £10.9m in the year to 30 Jun 2025, with £1.6m profit and 89 employees. The company is classified under “non-life insurance” and is based in Leeds; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Leeds, Yorkshire and The Humber
- Age
- 63 yrs · since 1963
- Type
- Public Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The ultimate parent company is W”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £16.2m | £12.9m | £12.5m | £10.9m |
| Cost of sales | £6.3m | £3.4m | £3.3m | £2m |
| Gross profit | £9.9m | £9.5m | £9.2m | £8.8m |
| Operating profit | £2.3m | £870k | £1.4m | £1.1m |
| Profit before tax | £2.3m | £947k | £1.6m | £1.6m |
| Profit after tax | £1.8m | £735k | £1.1m | £1.6m |
| Profit (best available) | £1.8m | £735k | £1.1m | £1.6m |
| Staff costs | £6.5m | £7.1m | £6.4m | £6.1m |
| Employees (average) | 83 | 93 | 83 | 89 |
| Ratios | ||||
| Profit margin | 11.3% | 5.7% | 9% | 15% |
| Gross margin | 61% | 73.7% | 73.6% | 81.3% |
| Revenue per employee | £196k | £139k | £151k | £122k |
| Profit per employee | £22.1k | £7.9k | £13.6k | £18.3k |
| Cash conversion | −238.8% | −110.4% | −26.2% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼20.6% | ▼3.2% | ▼13.2% |
| Profit growth | — | ▼59.9% | ▲53.3% | ▲44.3% |
| Headcount growth | — | ▲12% | ▼10.8% | ▲7.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £15m | £12.7m | £12.6m | £8.3m |
| Net assets | £3.6m | £1.8m | £1.9m | £2.8m |
| Fixed assets | £340k | £312k | £308k | £329k |
| Current assets | £24.1m | £23.4m | £22.6m | £16.9m |
| Debtors | £8.7m | £9.7m | £9.2m | £7m |
| Deferred income | £1.8m | £2.2m | £1m | £1.1m |
| Cash from operations | −£5.4m | −£961k | −£360k | — |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 15%
- Profit ÷ revenue.
- Gross margin
- 81.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £122k
- Revenue ÷ average employees.
- Profit per employee
- £18.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 9.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 64.1%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲43%
- Now £2.8m
- Cash at bank
- ▼34%
- Now £8.3m
- Headcount
- ▲7%
- Now 89
- Deferred income
- ▲1%
- Now £1.1m
- Fixed assets
- ▲7%
- Now £329k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- W Denis (Holdings) PLCultimate parent75–100%
- W. Denis (Insurance Brokers) PLCthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- W. Denis Credit Risks LimitedRev. £1.8m · Profit −£28.5k
- 8 ST Paul's Street LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £1.6m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.