Ripe Thinking Limited
The principal activity of the company is that of 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
£27.2m
▲ +17.1% vs prior ~12m period
Profit after tax
£2.3m
Margin 8.4%
Employees
98
▲ +27.3% vs prior ~12m period
Net assets
£11.3m
Total assets £15.2m
Financial history
Revenue by accounting period
4 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2022 | £27.2m | ▲ +17.1% | £2.3m | 98 | £11.3m |
| 31 Dec 2021 | £23.3m | ▲ +23.6% | £4.4m | 77 | £8.9m |
| 31 Dec 2020 | £18.8m | — | £4.3m | 70 | £7.1m |
| 31 Dec 2019 | — | — | — | — | £5.5m |
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
- £27.2m
- Gross profit
- £11.0m
- Operating profit
- £2.3m
- Profit before tax
- £2.3m
- Profit after tax
- £2.3m
Balance sheet
- Total assets
- £15.2m
- Cash
- £6.1m
- Total liabilities
- £3.9m
- Net assets
- £11.3m
- Revenue per employee
- £278k
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