Able Insurance Services Limited

Able Insurance Services Limited

Trading as: Admiral Pioneer
#02890075 Active
B2cServicesSubscription

Veygo specializes in providing flexible car insurance options tailored for learner and new drivers. Their pay-as-you-go model allows customers to choose coverage by the hour, day, or week, ensuring affordability and convenience.

Founded: 21/01/1994
Industries: Non-life insurance

Products

  • One-off Policies
  • Pay-as-you-go Car Insurance
  • Rolling Monthly Subscriptions

Services

  • Learner Driver Insurance
  • New Driver Insurance
  • Temporary Car Insurance

Financial Snapshot

Last accounts made up to 31 December 2023
Next accounts due 30 September 2025 (4 months)
Cash in Bank £13.36m
↑ 12%
Turnover £3,685
↓ -98%
EBITDA -£4.35m
↓ 5%
Gross Profit £3,685
↓ -98%
Total Liabilities £16.52m
↑ 22%
Employees 146
↑ 13%

Directors

Role:
Non-executive Director
Appointed:
23/04/2024
Nationality:
British
Age:
56 years
Role:
Company Director
Appointed:
13/05/2022
Nationality:
Swiss
Age:
57 years
Role:
Company Director
Appointed:
08/06/2021
Nationality:
British
Age:
49 years
Role:
Managing Director
Appointed:
08/06/2021
Nationality:
Italian
Age:
48 years
Role:
Company Director
Appointed:
04/01/2021
Nationality:
British
Age:
57 years
Role:
None
Appointed:
02/11/2020
Nationality:
French
Age:
44 years
Role:
None
Appointed:
02/11/2020
Nationality:
British
Age:
52 years

People with Significant Control

Nature of Control:
Ownership Of Shares 75 To 100 Percent, Voting Rights 75 To 100 Percent, Right To Appoint And Remove Directors
Notified On:
06/04/2016
Nationality:
United Kingdom
Dec 2023Dec 2022Dec 2021
Income Statement
Turnover
Export Revenue
Sales
Other Operating Income
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Raw Materials & Consumables
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Retained Profit
Balance Sheet
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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
1 shareholder available
Shareholder 1
Shares:
Percentage:
Filing Date:
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Shares:
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Charges

3 charges registered
Lloyds Tsb Bank PLC as Trustee for the Secured Parties Satisfied
Created 10/10/2002

Fixed and floating charges over the undertaking and all property and assets present and future inclu...

Royal & Sun Alliance Insurance PLC(As Secured Party) Satisfied
Created 16/11/1999

.. fixed and floating charges over the undertaking and all property and assets present and future in...

Properties

No property information available

3 issuances recorded

Total Amount Raised (Valid Issuances)

Shares Issued (Valid Issuances)

Date CLASS
Shares Issued:
Price Per Share:
Amount Raised:
Filing:
Date CLASS
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Filing:

Grants

No grant information available

Group Structure

Government Council Contracts Beta

No council contracts found

Company Filings

07/02/2025 Confirmation Statement

Confirmation Statement With Updates

18/09/2024 Accounts

Accounts With Accounts Type Full

17/06/2024 Capital

Capital Allotment Shares

25/04/2024 Officers

Appoint Person Director Company With Name Date

21/02/2024 Capital

Second Filing Capital Allotment Shares

21/02/2024 Confirmation Statement

Confirmation Statement With Updates

10/08/2023 Accounts

Accounts With Accounts Type Full