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.
- Status
- Active
- Location
- Cannock, West Midlands
- Age
- 26 yrs · since 2000
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 | 30 Apr 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full 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) | 86 | 117 | 102 | 93 | 94 |
| Ratios | |||||
| Profit margin | 3.2% | 1.8% | 2.7% | 0.6% | 1.1% |
| Gross margin | 17.3% | 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 conversion | 116.1% | 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 |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Jan 2026 | FullAccounts · bulk data Aug 2026 |
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.
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
Group structure
Subsidiaries (1)
- React Insurance Services LtdFigures not disclosed
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.