OverviewSuggest Edit

We are firm of award winning Chartered Management Accountants, providing specialist accountancy and payroll services to thousands of contractors and freelancers throughout the UK. As one of the UK’s most experienced service providers we aim to provide you with best advice tailored to your individual needs. We offer employment business, limited and CIS services. Our employment business solution starts from £15 a week margin and we have a wide range of limited services plans tailored to suit your requirements starting from £75 a month. It is easy to switch and once you've chosen your service package, you can enjoy fixed fees FOR LIFE. Our plans offer fantastic value with great insurances and incredible customer services with all our clients have dedicated contacts to their account teams or personal accountants.
TypePrivate
Founded1998
HQLytham, GB
Websitedanbro.co.uk

Latest Updates

Employees (est.) (Aug 2020)108(+3%)
Revenue (FY, 2017)£104.4 M(-27%)
Cybersecurity ratingBMore

Key People/Management at Danbro

Dave Winder

Dave Winder

Head of Compliance
Neil Ormesher

Neil Ormesher

Managing Director
Show more

Danbro Office Locations

Danbro has offices in Lytham and London
Lytham, GB (HQ)
East Beach
London, GB
1-7 Pilgrimage St
Show all (2)

Danbro Financials and Metrics

Summary Metrics

Founding Date

1998
Show all financial metrics

Danbro Revenue

Danbro's revenue was reported to be £104.36 m in FY, 2017
GBP

Revenue (FY, 2017)

104.4m

Net income (FY, 2017)

(453.8k)

EBITDA (FY, 2017)

(285.5k)

EBIT (FY, 2017)

(508.5k)

Cash (5-Apr-2017)

774.0k
GBPFY, 2003FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.4m34.9m51.1m59.3m75.4m91.1m135.8m161.2m163.4m143.0m104.4m

Revenue growth, %

4%4%

Operating expense total

1.4m14.9m34.4m50.8m58.6m74.6m90.7m135.8m161.0m163.2m143.5m104.9m

EBITDA

259.6k536.1k312.0k761.8k874.4k351.1k56.3k224.8k160.9k(352.5k)(285.5k)
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

11.8k28.0k54.3k92.2k116.4k397.8k1.0m2.4m2.4m2.6m4.6m5.8m6.9m7.6m2.0m482.7k774.0k

Accounts Receivable

85.5k273.1k22.8k186.6k504.3k701.2k415.7k607.2k251.7k356.1k1.9m1.1m

Current Assets

29.5k117.9k148.5k271.5k589.5k1.0m1.3m2.5m3.4m3.9m5.7m6.3m7.6m7.9m11.2m8.3m6.4m

PP&E

95.0k230.6k236.3k679.6k1.4m240.8k559.4k
GBPFY, 2003FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

18.9k194.7k399.3k251.3k558.9k645.9k293.5k76.4k212.9k93.1k(488.0k)(453.8k)

Cash From Operating Activities

827.7k1.9m154.3k1.1m2.3m1.8m1.1m1.0m2.3m(2.7m)

Dividends Paid

22.4k184.3k327.5k605.0k300.0k600.0k350.0k

Cash From Financing Activities

301.9k(616.5k)(293.1k)266.6k191.1k465.3k(403.2k)(7.5m)1.9m
GBPFY, 2001

Financial Leverage

10.4 x
Show all financial metrics

Danbro Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Danbro Online and Social Media Presence

Embed Graph

Danbro Blogs

‘Bounce Back Loans’ Scheme Goes Live

Earlier this week, a new, government-backed loan scheme went live across the country. It aims to help small and medium-sized businesses (SMEs) navigate the financial fallout caused by COVID-19 (Coronavirus). As of Monday 4th May, UK businesses are now able to borrow up to £50,000 – accessible within…

A Message from our M.D. Helen Broughton

I’d like to pose a question: Could you survive on less than the Minimum Wage – particularly if your regular income is so much more? That’s the grim reality right now for thousands of contractors working through umbrella companies in the UK. Honest, hard-working people with bills to pay and families …

Danbro MD: ‘Don’t hang Umbrella Workers out to dry’

As the health emergency surrounding Coronavirus deepens, so too does the economic anxiety experienced by many workers around the country. Not least, umbrella company employees. With thousands of umbrella contractors in the Danbro Family, this is an issue we’re particularly concerned with. So this we…

Returning NHS staff ‘targeted’ by ‘tax avoiding umbrella schemes’

NHS staff – specifically those returning to help with the UK’s Coronavirus response – are being targeted by promoters of tax avoidance schemes, HMRC have said. Earlier this week, HMRC issued caution against associating with such schemes, as well as guidelines regarding what to look out for.   What H…

Coronavirus Job Retention Scheme: What You Need To Know

This week, as part of a series of measures aimed at shoring up the UK’s economy in the midst of the Covid-19 crisis, the Government launched their ‘Coronavirus Job Retention Scheme’ (CJRS). In an unprecedented attempt to help both businesses and employees affected by the virus’ financial fallout, th…

Government Pledges Financial Support For Self-Employed

The Chancellor, Rishi Sunak, has unveiled an unprecedented package of support from the Government to help self-employed workers who may be struggling financially as a result of Coronavirus. After recognising the anxiety of the nation’s self-employed workforce, the Chancellor told them they’d ‘not be…
Show more

Danbro Frequently Asked Questions

  • When was Danbro founded?

    Danbro was founded in 1998.

  • Who are Danbro key executives?

    Danbro's key executives are Dave Winder and Neil Ormesher.

  • How many employees does Danbro have?

    Danbro has 108 employees.

  • What is Danbro revenue?

    Latest Danbro annual revenue is £104.4 m.

  • What is Danbro revenue per employee?

    Latest Danbro revenue per employee is £966.3 k.

  • Who are Danbro competitors?

    Competitors of Danbro include Hendry Warren, Neeraj Bhagat & Co. and Pine Hill.

  • Where is Danbro headquarters?

    Danbro headquarters is located at East Beach, Lytham.

  • Where are Danbro offices?

    Danbro has offices in Lytham and London.

  • How many offices does Danbro have?

    Danbro has 2 offices.