Ripe Orchard Midco Limited

Active13686355Financial servicesIncorporated 18 Oct 2021 · Stockport

The principal activity of the company is a technology led distribution platform, focusing on specialist personal lines and small commercial insurance products. The group trades in both business to consumer and business to business transactions through its proprietary 'next generation' technology platform, supported by its in-house contact centre and direct marketing departments. In addition, using data enrichment and analysis the business is able to improve its unique offering to customers and key partners.

Revenue

£25.0m

No comparable prior period

Profit after tax

-£16.8m

Margin -44.6%

Employees

98

— vs prior ~12m period

Net assets

£33.4m

Total assets £132.5m

Financial history

Revenue by accounting period

2 periods available · ▲ growth ▼ decline

Dec 2021
Not available
Dec 2022
£25.0m
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2022£25.0m—-£16.8m98£33.4m
31 Dec 2021———1£1

Latest available figures

Period ending 31 Dec 2022. “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
£25.0m
Gross profit
£10.0m
Operating profit
-£11.2m
Profit before tax
-£16.8m
Profit after tax
-£16.8m

Balance sheet

Total assets
£132.5m
Cash
£6.1m
Total liabilities
£99.1m
Net assets
£33.4m
Revenue per employee
£255k

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