Lamp Group

LAMP was founded in 2005 by CEO, Alan Cousins, and Chairman, Michael Symons, as an insurer specialising in legal and medical policies. The company has grown considerably since 2005 and has diversified its operations. LAMP now comprises a strong and experienced group of managers across offices in the UK, Europe and Asia, with around one third of staff based overseas. LAMP is passionately committed to supporting its intermediary partners and clients. By listening and working with them, LAMP develops tailored policies which best suit the needs of its clients. What LAMP aims to do is develop differentiated insurance products or processes based on its expertise and deep experience in its chosen areas of business. The company’s global teams bring enthusiasm and integrity to the business. LAMP prides itself on the high calibre of its staff across all areas of its operations – in underwriting, claims, risk, finance and operations.
Company Growth (employees)
Type
Private
HQ
Haywards Heath, GB
Founded
2005
Size (employees)
28 (est)-3%
Lamp Group was founded in 2005 and is headquartered in Haywards Heath, GB

Lamp Group Office Locations

Lamp Group has an office in Haywards Heath
Haywards Heath, GB (HQ)
Harlands Rd
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Lamp Group Financials and Metrics

Summary Metrics

Founding Date

2005

Lamp Group Financials

Lamp Group's revenue was reported to be £28.6 m in FY, 2016 which is a 1% decrease from the previous period.
GBP

Revenue (FY, 2016)

28.6 m

Revenue growth (FY, 2015 - FY, 2016), %

(1%)

Net income (FY, 2016)

(3 m)

Cash (31-Mar-2016)

3.3 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.6 m7.5 m11.6 m13 m16.3 m28.1 m48 m25.5 m29 m28.6 m

Revenue growth, %

14%(1%)

Pre tax profit

538.5 k1.2 m2.5 m4 m3.3 m4.4 m13.2 m2.3 m2 m(3.3 m)

Income tax expense

(18.9 k)(212.6 k)(97 k)(6 k)(59 k)(491 k)(1.1 m)(340 k)(113 k)254 k
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

519.6 k1 m2.4 m4 m3.3 m3.9 m12 m2 m1.9 m(3 m)

Cash From Operating Activities

(5.2 k)(2.1 m)(1.6 m)265 k(1.2 m)1 m(1.6 m)1.5 m112 k(308 k)

Dividends Paid

100 k200 k800 k

Cash From Financing Activities

400 k1.8 m(133 k)1 m438 k2.1 m(1.6 m)(975 k)
    Y, 2016

    Financial Leverage

    3.2 x
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