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Company No. 03986368 · Incorporated 5 May 2000

SBS Insurance Services Limited

Registered name: SBS INSURANCE SERVICES LIMITED

SBS Insurance Services Limited made £51.6m revenue and £544k profit in the year to 30 Apr 2026.

SBS Insurance Services Limited’s revenue grew 21% to £51.6m in the year to 30 Apr 2026, with £544k profit and 94 employees. The company is classified under “other information technology service activities” and is based in Cannock; we hold 5 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities
Status
Active
Location
Cannock, West Midlands
Age
26 yrs · since 2000
Type
Private Limited Company
Latest accounts · year to 30 Apr 2026

Key figures

IndependentCapital-lightOperating leverageCash flow filed
Revenue
£51.6m
Growth ▲21.4%
Profit
£544k
Growth ▲117.6%
Profit margin
1.1%
Gross 14.3%
Employees
94
Change ▲1.1%
Profit / employee
£5.8k
Revenue/employee £549k
Profitable streak
5yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Apr 202230 Apr 202330 Apr 202430 Apr 202530 Apr 2026
DisclosureFull P&LFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£28.3m£48.7m£47.6m£42.5m£51.6m
Cost of sales£23.4m£40.7m£39.7m£35.5m£44.3m
Gross profit£4.9m£7.9m£7.9m£7m£7.4m
Operating profit£845k£1m£1.7m£420k£811k
Profit before tax£850k£1m£1.7m£396k£812k
Profit after tax£916k£880k£1.3m£250k£544k
Profit (best available)£916k£880k£1.3m£250k£544k
Staff costs£3m£4.6m£4.3m£4.6m£4.5m
Employees (average)861171029394
Ratios
Profit margin3.2%1.8%2.7%0.6%1.1%
Gross margin17.3%16.3%16.7%16.5%14.3%
Revenue per employee£329k£416k£467k£457k£549k
Profit per employee£10.7k£7.5k£12.8k£2.7k£5.8k
Cash conversion116.1%49.7%81.3%132.3%106.3%
Growth (year on year)
Revenue growth—▲72.3%▼2.2%▼10.7%▲21.4%
Profit growth—▼4%▲48.5%▼80.9%▲117.6%
Headcount growth—▲36%▼12.8%▼8.8%▲1.1%
Balance sheet — indirect signals, not revenue
Cash at bank£1.5m£995k£1.2m£484k£447k
Net assets£1.8m£1.9m£2.4m£2.1m£2m
Fixed assets£1.4m£1.7m£1.6m£1.5m£1.1m
Current assets£5.8m£6.2m£5.5m£4.2m£5.1m
Debtors£2.9m£2.8m£2.4m£2.1m£3m
Cash from operations£981k£517k£1.4m£555k£862k
SourceAccounts · bulk data Oct 2023Accounts · bulk data Oct 2023FullAccounts · bulk data Nov 2024FullAccounts · bulk data Jan 2026FullAccounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
1.1%
Profit ÷ revenue.
Gross margin
14.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£549k
Revenue ÷ average employees.
Profit per employee
£5.8k
Profit ÷ average employees.
Cash conversion
106.3%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
2.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
5.7%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▼5%
Now £2m
Cash at bank
▼8%
Now £447k
Headcount
▲1%
Now 94
Deferred income
—
Now —
Fixed assets
▼28%
Now £1.1m
Corporate ownership

Group structure

Subsidiaries (1)

From the Persons with Significant Control register (corporate controllers only).

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Sources

Latest figures from FullAccounts for the year to 30 Apr 2026 (profit £544k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.

Updated from Companies House on 22 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.