MCE Insurance

At MCE Insurance, we are proud to be an independently owned motorcycle insurance broker and we operate out of a state-of-the-art call centre in Rushden, Northamptonshire. Established in 1975, we have grown into the UK's Number One provider of motorcycle insurance, offering technical expertise and an excellent customer experience for riders across the country.

From sports bikes to scooters, motocross to monkey bikes, we pride ourselves on understanding what it means to be a biker and knowing what riders want from their insurance and as such, we leave no stone unturned in searching out the best deal for our customers. We search for the best deals from our extensive panel of insurance partners and compare hundreds of prices to make sure that our customers get the right policy at the right price every time.

Company Growth (employees)
Type
Private
HQ
Rushden, GB
Founded
1975
Size (employees)
93 (est)+3%
MCE Insurance was founded in 1975 and is headquartered in Rushden, GB

MCE Insurance Office Locations

MCE Insurance has an office in Rushden
Rushden, GB (HQ)
Crown Way

MCE Insurance Data and Metrics

Summary Metrics

Founding Date

1975

MCE Insurance Financial Metrics

MCE Insurance's revenue was reported to be £29.5 m in FY, 2016 which is a 21% increase from the previous period.
GBP

Revenue (FY, 2016)

29.5 m

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

21%

Gross profit (FY, 2016)

22.5 m

Gross profit margin (FY, 2016), %

76%

Net income (FY, 2016)

931.9 k

Cash (31-May-2016)

6.9 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

23.1 m23.5 m24.4 m29.5 m

Revenue growth, %

2%4%21%

Cost of goods sold

1.7 m2.4 m1.6 m6.9 m

Gross profit

21.4 m21.1 m22.8 m22.5 m

Gross profit Margin, %

93%90%93%76%

Operating expense total

21.4 m21.1 m22.7 m21.3 m

Pre tax profit

25.6 k(103.7 k)1.2 m

Net Income

46.9 k(99.4 k)931.9 k
GBPFY, 2014FY, 2015FY, 2016

Cash

9 m8.6 m6.9 m

Accounts Receivable

506.4 k20.6 m264.3 k

Current Assets

17.2 m29.2 m30.3 m

PP&E

1.3 m1.3 m2.1 m

Total Assets

18.5 m30.6 m32.4 m

Accounts Payable

2.4 m5 m2.6 m

Current Liabilities

16.4 m28.6 m30.3 m

Total Liabilities

16.5 m28.6 m30.4 m

Retained Earnings

22.9 k(176.2 k)(48.1 k)

Total Equity

2 m2 m1.9 m

Financial Leverage

9.2 x15.4 x16.7 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

2.6 m(340.4 k)(1.8 m)

Income Taxes Paid

21.2 k4.3 k(317.7 k)
Y, 2016

Financial Leverage

16.7 x

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