Animal Friends Insurance Services Limited

Active03630812Financial servicesIncorporated 14 Sept 1998 · Amesbury

The principal activity of the company continued to be that of insurance mediation of dog, cat and equine insurance policies. As outlined in our mission statement, a share of profit was donated to animal charities. Exceptional expenditure The profit on ordinary activities after taxation for the year ended 31 December 2023 was £4,679,995, being £11,950,108 before charging an exceptional item of £7,270,113. This amount relates to staff costs associated with the acquisition of Animal Friends in the reporting year.

Revenue

£56.4m

▲ +19.0% vs prior ~12m period

Profit after tax

£14.1m

Margin 31.1%

Employees

567

▲ +22.7% vs prior ~12m period

Net assets

£6.4m

Total assets £26.2m

Financial history

Revenue by accounting period

4 periods available · ▲ growth ▼ decline

Dec 2020
£47.4m
Dec 2021
£56.4m▲ +19.0%
Dec 2022
Not available
Dec 2023
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2023——£6.2m567£6.4m
31 Dec 2022——£6.0m462£4.7m
31 Dec 2021£56.4m▲ +19.0%£17.5m455£4.2m
31 Dec 2020£47.4m—£13.9m378£5.5m

Latest available figures

Period ending 31 Dec 2021. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

These are the most recent accounts available to us; more recent accounts may exist at Companies House.

Profit & loss

Revenue
£56.4m
Gross profit
£36.9m
Operating profit
£17.5m
Profit before tax
£17.5m
Profit after tax
£14.1m

Balance sheet

Total assets
£26.2m
Cash
£10.8m
Total liabilities
£19.8m
Net assets
£6.4m
Revenue per employee
Not available

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