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Company No. 04153083 · Incorporated 2 Feb 2001

R3: Financial Services Group Limited

Registered name: R3: FINANCIAL SERVICES GROUP LIMITED

Part of Sparta UK Midco 1 Limited group

R3: Financial Services Group Limited made £27.1k profit in the year to 31 Dec 2023 (revenue not disclosed).

R3: Financial Services Group Limited reported £27.1k profit in the year to 31 Dec 2023, down 93% on the year before; its revenue was not disclosed. It had 19 employees. The company is classified under “activities of insurance agents and brokers” and is based in Ipswich; we hold 2 years of its filed accounts.

Profit onlySection K · Financial and insurance activitiesSIC 66220Activities of insurance agents and brokers
Status
Active
Location
Ipswich, East of England
Age
25 yrs · since 2001
Type
Private Limited Company

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.

Latest accounts · year to 31 Dec 2023

Key figures

Revenue
—
Not disclosed in filing
Profit
£27.1k
Growth ▼93.1%
Profit margin
—
 
Employees
19
Change 0%
Profit / employee
£1.4k
 
Profitable streak
2yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 2023
DisclosureProfit onlyProfit only
Profit & loss
Revenue (turnover)——
Profit after tax£393k£27.1k
Profit (best available)£393k£27.1k
Employees (average)1919
Ratios
Profit margin——
Profit per employee£20.7k£1.4k
Growth (year on year)
Profit growth—▼93.1%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Cash at bank£424k£603k
Net assets—−£7k
Fixed assets£61.4k£59.9k
Current assets£543k£621k
Debtors£119k£18.1k
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2024
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
£1.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
—
Now −£7k
Cash at bank
▲42%
Now £603k
Headcount
0%
Now 19
Deferred income
—
Now —
Fixed assets
▼2%
Now £59.9k
Corporate ownership

Group structure

Ownership chain

  1. Sparta UK Midco 1 Limitedultimate parent75–100%
  2. Sparta UK Midco 2 Limited75–100%
  3. Sparta UK Bidco Limited75–100%
  4. Specialist Risk Investments Limited75–100%
  5. Specialist Risk Midco Limited75–100%
  6. Specialist Risk Group Limited75–100%
  7. Specialist Risk Insurance Solutions Limited75–100%
  8. R3: Financial Services Group Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (11)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £27.1k), from the Companies House accounts bulk data published Aug 2024. 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.