Pib Risk Services Limited
Pib Risk Services Limited
Trading as: PIB Insurance
#02682789 • Active • Acquired by Apax Partners in 25/01/2021
CMR Insurance Services is a trading style of PIB Risk Services Limited. holders of a delegated authority with Atradius, a world leading Trade Credit Insurance provider with an A3 rating. We supply a commercial line insurance policy that protects businesses that offer credit terms to their customers against the risk of non-payment. To put it simply: if a customer fails to pay an invoice in an agreed timeframe, then the Insurer will pay a claim against that loss. Due to the relationship with Atradius, clients can benefit from the strength of their financial backing to ensure claims are paid fully and promptly. At the same time customers receive the excellent service that CMR prides itself on. Trade credit insurance protects a business’ debtor
Founded: 30/01/1992
Industries: Non-life insurance
Website: https://www.pib-insurance.com/
Phone: Subscribe to view
Email: Subscribe to view
Location: Rossington's Business Park, West Carr Road, Retford, DN22 7SW
Financial Snapshot
Last accounts made up to 31 December 2023
Next accounts due 30 September 2025 (5 months)
Cash in Bank £46.77m
↑ 3%
Turnover £94.42m
↑ 16%
EBITDA £36.67m
↑ 14%
Gross Profit £91.75m
↑ 18%
Total Liabilities £99.49m
↓ -5%
Employees 765
↑ 6%
Directors
Name | Role | Appointed ↓ | Nationality | Age |
|---|---|---|---|---|
| Carlo Domenico Marelli | Director | 30/09/2024 | British | 56 years |
| Alexandra Jane Coleman | Director | 27/09/2024 | British | 56 years |
| Gavin Matthew Perkins | Finance Director | 27/09/2024 | British | 46 years |
| Roy John Clark | Non-executive Director | 01/05/2024 | British | 65 years |
| Zachary Anton Gray | Director | 18/03/2024 | British | 54 years |
| Adrian Colosso | Company Director | 22/03/2018 | British | 67 years |
| Ryan Christopher Brown | Cfo | 21/04/2016 | British | 51 years |
Role:
Director
Appointed:
30/09/2024
Nationality:
British
Age:
56 years
Role:
Director
Appointed:
27/09/2024
Nationality:
British
Age:
56 years
Role:
Finance Director
Appointed:
27/09/2024
Nationality:
British
Age:
46 years
Role:
Non-executive Director
Appointed:
01/05/2024
Nationality:
British
Age:
65 years
Role:
Director
Appointed:
18/03/2024
Nationality:
British
Age:
54 years
Role:
Company Director
Appointed:
22/03/2018
Nationality:
British
Age:
67 years
Role:
Cfo
Appointed:
21/04/2016
Nationality:
British
Age:
51 years
People with Significant Control
| Name | Nature of Control | Notified On | Nationality |
|---|---|---|---|
| Pib Group Limited | Ownership Of Shares 75 To 100 Percent, Voting Rights 75 To 100 Percent, Right To Appoint And Remove Directors | 21/04/2016 | United Kingdom |
Nature of Control:
Ownership Of Shares 75 To 100 Percent, Voting Rights 75 To 100 Percent, Right To Appoint And Remove Directors
Notified On:
21/04/2016
Nationality:
United Kingdom
Financial Accounts
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Income Statement | |||
| Turnover | |||
| Export Revenue | |||
| Sales | |||
| Other Operating Income | |||
| Other Operating Items | |||
| Cost of Sales | |||
| Raw Materials & Consumables | |||
| Gross Profit | |||
| Admin Expenses | |||
| Other Operating Charges | |||
| Depreciation | |||
| R&D Expenses | |||
| Operating Profit | |||
| EBITDA | |||
| Financial Revenue | |||
| Financial Expenses | |||
| Financial Profit/Loss | |||
| Interest Paid | |||
| Extraordinary Revenue | |||
| Extraordinary Expenses | |||
| Net Extraordinary Items | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Retained Profit | |||
| Balance Sheet | |||
| Non-Current Assets | |||
| Intangible Assets | |||
| Tangible Fixed Assets | |||
| Other Non-Current Assets | |||
| Current Assets | |||
| Stock | |||
| Debtors | |||
| Cash in Hand | |||
| Other Current Assets | |||
| Called Up Share Capital | |||
| P&L Account Reserve | |||
| Shareholder Funds | |||
| Other Shareholder Funds | |||
| Provisions | |||
| Long Term Debt | |||
| Creditors (> 1 year) | |||
| Other Non-Current Liabilities | |||
| Short Term Debt | |||
| Creditors | |||
| Creditors (< 1 year) | |||
| Other Current Liabilities | |||
| Key Metrics | |||
| Net Assets | |||
| Net Current Assets | |||
| Total Assets Less Current Liabilities | |||
| Working Capital | |||
| Enterprise Value | |||
| Added Value | |||
| Cashflow Before D&A | |||
| Other Information | |||
| Staff Costs | |||
| Number of Employees | |||
Charges
7 charges registered
Lucid Trustee Services Limited as Security Agent Outstanding
Created 28/02/2022Nil.
#026827890007 Negative Pledge
Midcap Financial (Ireland) Limited Satisfied
Created 17/12/2020Nil.
#026827890006 Negative Pledge
Properties
1 property
Regions
1
Freehold
0
Leasehold
1
YORKS AND HUMBER
Gordon House, 17 Charles Street, Halifax (HX1 1NA)
Leasehold • HX1 1NA
Added 23/10/2019 • CALDERDALE
Grants
No grant information available
Government Council Contracts Beta
No council contracts found
Company Filings
| Date | Category | Description | Document |
|---|---|---|---|
| 02/01/2025 | Confirmation Statement | Confirmation Statement With No Updates | View (3 pages) |
| 22/11/2024 | Officers | Change Person Director Company With Change Date | View (2 pages) |
| 21/11/2024 | Officers | Change Person Director Company With Change Date | View (2 pages) |
| 21/11/2024 | Officers | Change Person Director Company With Change Date | View (2 pages) |
| 21/11/2024 | Officers | Change Person Director Company With Change Date | View (2 pages) |
| 21/11/2024 | Officers | Change Person Director Company With Change Date | View (2 pages) |
| 21/11/2024 | Officers | Change Person Director Company With Change Date | View (2 pages) |