Insurance Factory

Established in 1974, The Insurance Factory is one of the UK’s leading sports and performance car insurance specialists. While many general insurers won’t handle performance car insurance our expertise and specialist knowledge ensures that our customers get the right cover at the right price – and excellent service to boot! While you spend your time and money making sure your car is perfect, we make sure the insurance that goes with it is second to none. We offer a range of specialist insurance products that can be tailored to suit your individual needs. We also have excellent rates for Convicted Driver Car Insurance, so whether you’ve been downright naughty or simply just unlucky make sure you call us for a competitive quote. Our insurance expertise doesn’t end there, we also specialise in modified vehicles, young drivers and Grey Import Insurance. So whatever your vehicle and driving history, give us a call today and see how much time and money you could save.
Company Growth (employees)
Type
Private
HQ
Birmingham, GB
Founded
1974
Size (employees)
55 (est)-1%
Insurance Factory was founded in 1974 and is headquartered in Birmingham, GB

Insurance Factory Office Locations

Insurance Factory has an office in Birmingham
Birmingham, GB (HQ)
Stratford Rd

Insurance Factory Data and Metrics

Summary Metrics

Founding Date

1974

Insurance Factory Financial Metrics

Insurance Factory's revenue was reported to be £24.8 m in FY, 2015 which is a 583% increase from the previous period.
Numbers are in £, GBP

Revenue (FY, 2015)

24.8 m

Revenue growth (FY, 2014 - FY, 2015), %

99%

Gross profit (FY, 2015)

17.5 m

Gross profit margin (FY, 2015), %

71%

Net income (FY, 2015)

(507 k)

Cash (31-Dec-2015)

1.5 m
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Revenue

2.1 m3.6 m24.8 m

Revenue growth, %

74%99%

Cost of goods sold

547.7 k1.6 m7.3 m

Gross profit

1.5 m2 m17.5 m

Gross profit Margin, %

74%56%71%

Operating expense total

1.4 m1.1 m17.9 m

Pre tax profit

433.5 k617.6 k(594.5 k)

Net Income

433.5 k631.7 k(507 k)
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Cash

4.5 k3.3 k1.5 m

Accounts Receivable

2.3 m2.1 m7.6 m

Current Assets

17 m5.7 m17.6 m

PP&E

923 k850.6 k1.9 m

Goodwill

3.3 m2.8 m2.2 m

Total Assets

21.3 m9.3 m21.7 m

Accounts Payable

2.8 m3.2 m10.6 m

Current Liabilities

16.7 m5.7 m18.6 m

Retained Earnings

433.5 k631.7 k(507 k)

Total Equity

1 m105.7 k(401.3 k)

Financial Leverage

21 x88.3 x-54 x
Numbers are in £, GBPFY, 2014FY, 2015

Income Taxes Paid

14.2 k87.5 k
Y, 2015

Financial Leverage

-54 x

Insurance Factory Online and Social Media Presence

Insurance Factory Company Life and Culture

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