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Company No. 06765845 · Incorporated 4 Dec 2008

Activequote Limited

Registered name: ACTIVEQUOTE LIMITED

Part of Howden Group Holdings Limited group

Activequote Limited made £16m revenue and £598k profit in the year to 30 Sep 2023. read from filing text

Activequote Limited’s revenue grew 9% to £16m in the year to 30 Sep 2023, with £598k profit and 141 employees. The company is classified under “business and domestic software development” and is based in Cardiff; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software developmentSIC 66220Activities of insurance agents and brokers
Status
Active
Location
Cardiff, Wales
Age
17 yrs · since 2008
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. From the filing: “The parent company is Help Me Compare Limited, which owns 100% of the share capital. The registered office is Global Reach, Dunleavy Drive, CARDIFF, UK, CF11 0SN.”

Latest accounts · year to 30 Sep 2023

Key figures

Capital-light
Revenue
£16m
Growth ▲9.4%
Profit
£598k
Growth —
Profit margin
3.7%
Gross 40.6%
Employees
141
Change ▲2.9%
Profit / employee
£4.2k
Revenue/employee £113k
Profitable streak
1yr
Consecutive profitable years in our data

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 to30 Sep 202230 Sep 2023
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£14.6m£16m
Cost of sales£9.4m£9.5m
Gross profit£5.2m£6.5m
Operating profit£879k£1.2m
Profit before tax−£469k£864k
Profit after tax−£489k£598k
Profit (best available)−£489k£598k
Staff costs£5.4m£6.6m
Employees (average)137141
Ratios
Profit margin−3.4%3.7%
Gross margin35.9%40.6%
Revenue per employee£107k£113k
Profit per employee−£3.6k£4.2k
Growth (year on year)
Revenue growth—▲9.4%
Headcount growth—▲2.9%
Balance sheet — indirect signals, not revenue
Cash at bank£748k£1.3m
Net assets£1.2m£1.8m
Fixed assets£183k£320k
Current assets£4.3m£5m
Debtors£3.3m£3.3m
Deferred income£1.8m£1.5m
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024
Derived from the latest filing

How the business works

Profit margin
3.7%
Profit ÷ revenue.
Gross margin
40.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£113k
Revenue ÷ average employees.
Profit per employee
£4.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
9.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
20.9%
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
▲48%
Now £1.8m
Cash at bank
▲80%
Now £1.3m
Headcount
▲3%
Now 141
Deferred income
▼15%
Now £1.5m
Fixed assets
▲75%
Now £320k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Howden Group Holdings Limitedultimate parent75–100%
  2. HGH Midco 1 Limited75–100%
  3. HGH Midco 2 Limited75–100%
  4. HGH Finance Limited75–100%
  5. HGH Midco 3 Limited75–100%
  6. Hig Finance 2 Limited75–100%
  7. Hyperion Development UK Limited75–100%
  8. Howden Broking Group Limited75–100%
  9. Howden Uk&i Holdings Limited75–100%
  10. Activequote Limitedthis company

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

Sister companies (32)

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 30 Sep 2023 (profit £598k), from the Companies House accounts bulk data published Jun 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.