Rock Insurance Services Limited
Registered name: ROCK INSURANCE SERVICES LIMITED
Part of Rock Services Holdings Limited groupRock Insurance Services Limited made £12.1m revenue and £1.6m profit in the year to 31 Dec 2024.
Rock Insurance Services Limited’s revenue fell 5% to £12.1m in the year to 31 Dec 2024, with £1.6m profit and 54 employees. The company is classified under “non-life insurance” and is based in Crawley; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Crawley, South East
- Age
- 25 yrs · since 2001
- Type
- Private 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £9.7m | £12.8m | £12.1m |
| Cost of sales | £1.9m | £1.9m | £1.4m |
| Gross profit | £7.8m | £10.9m | £10.8m |
| Operating profit | £1.1m | £537k | £1.8m |
| Profit before tax | £1.1m | £746k | £2m |
| Profit after tax | £832k | £815k | £1.6m |
| Profit (best available) | £832k | £815k | £1.6m |
| Staff costs | £4m | £4.1m | £2.2m |
| Employees (average) | 65 | 78 | 54 |
| Ratios | |||
| Profit margin | 8.6% | 6.4% | 13.3% |
| Gross margin | 80.4% | 85.4% | 88.7% |
| Revenue per employee | £149k | £163k | £225k |
| Profit per employee | £12.8k | £10.4k | £29.9k |
| Cash conversion | 374.8% | 302.1% | −11.8% |
| Growth (year on year) | |||
| Revenue growth | — | ▲31.9% | ▼4.8% |
| Profit growth | — | ▼2.1% | ▲98.3% |
| Headcount growth | — | ▲20% | ▼30.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £5.5m | £6.1m | £4.9m |
| Net assets | £1.8m | £2.6m | £4.2m |
| Fixed assets | £975k | £1.8m | £2.1m |
| Current assets | £8.5m | £9.6m | £9.8m |
| Debtors | £1.4m | £1.4m | £2.1m |
| Deferred income | £277k | £574k | £647k |
| Cash from operations | £4m | £1.6m | −£216k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- 13.3%
- Profit ÷ revenue.
- Gross margin
- 88.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £225k
- Revenue ÷ average employees.
- Profit per employee
- £29.9k
- Profit ÷ average employees.
- Cash conversion
- −11.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 17.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.3%
- 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
- ▲62%
- Now £4.2m
- Cash at bank
- ▼20%
- Now £4.9m
- Headcount
- ▼31%
- Now 54
- Deferred income
- ▲13%
- Now £647k
- Fixed assets
- ▲22%
- Now £2.1m
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
- Rock Services Holdings Limitedultimate parent75–100%
- Rock Insurance Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Rock Cover Services LimitedActive - Proposal to Strike offFigures not disclosed
Sister companies (1)
- Tigon Cover Services LimitedRev. — · Profit £60.4k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.6m), from the Companies House accounts bulk data published May 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.