Appointed Representative 1 Limited
Registered name: APPOINTED REPRESENTATIVE 1 LIMITED
Part of Wecoya Nordics & Baltic Underwriting Gmbh groupAppointed Representative 1 Limited made £142k revenue and £37.7k profit in the year to 31 Dec 2025.
Appointed Representative 1 Limited’s revenue fell 22% to £142k in the year to 31 Dec 2025, with £37.7k profit and 2 employees. The company is classified under “activities of insurance agents and brokers” and is based in Colchester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Colchester, East of England
- Age
- 11 yrs · since 2015
- 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.
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 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £182k | £142k |
| Gross profit | — | — | £182k | £142k |
| Profit before tax | — | — | £73.1k | £37.7k |
| Profit after tax | — | — | £73.1k | £37.7k |
| Profit (best available) | — | — | £73.1k | £37.7k |
| Staff costs | — | — | £24.7k | £30.2k |
| Employees (average) | 3 | 4 | 4 | 2 |
| Ratios | ||||
| Profit margin | — | — | 40.2% | 26.5% |
| Gross margin | — | — | 100% | 100% |
| Revenue per employee | — | — | £45.5k | £71.2k |
| Profit per employee | — | — | £18.3k | £18.8k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼21.8% |
| Profit growth | — | — | — | ▼48.5% |
| Headcount growth | — | ▲33.3% | 0% | ▼50% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £103k | £137k | £210k | — |
| Fixed assets | £0 | £0 | — | — |
| Current assets | £266k | £294k | £303k | — |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Sep 2025 | AbridgedAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 26.5%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £71.2k
- Revenue ÷ average employees.
- Profit per employee
- £18.8k
- 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.
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 —
- Cash at bank
- —
- Now —
- Headcount
- ▼50%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Wecoya Nordics & Baltic Underwriting Gmbh (registered outside the UK register)ultimate parent75–100%
- Appointed Representative 1 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from AbridgedAccounts for the year to 31 Dec 2025 (profit £37.7k), from the Companies House accounts bulk data published Sep 2026. 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.