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.

Revenue(FY, 2017)

£36.2 M

Type

Private

Rushden, GB

Founded

1975

Size (employees)

104 (est)

Website

mceinsurance.com

MCE Insurance was founded in 1975 and is headquartered in Rushden, GB

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MCE Insurance Office Locations

MCE Insurance has an office in Rushden

Rushden, GB (HQ)

Crown Way

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MCE Insurance Financials and Metrics

Summary Metrics

Founding Date	1975

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MCE Insurance Financials

MCE Insurance's revenue was reported to be £36.19 m in FY, 2017

Summary

GBP
Revenue (FY, 2017)	36.2 m
Gross profit (FY, 2017)	28.6 m
Gross profit margin (FY, 2017), %	78.9%
Net income (FY, 2017)	10.2 m
EBITDA (FY, 2017)	12.7 m
EBIT (FY, 2017)	12.4 m
Cash (31-May-2017)	11 m

Income Statement

GBP	FY, 2007	FY, 2008	FY, 2009	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Revenue	8.5 m	9.4 m	10.2 m	11.4 m	13.4 m	17.2 m	23.1 m	23.5 m	26.9 m	29.5 m	36.2 m
Revenue growth, %								2%	4%	21%
Cost of goods sold	46.3 k	177.8 k	464.4 k	413.1 k	324.7 k	4.5 m	1.7 m	2.4 m	4.1 m	6.9 m	7.6 m
Gross profit	8.4 m	9.2 m	9.7 m	11 m	13 m	12.7 m	21.4 m	21.1 m	22.8 m	22.5 m	28.6 m

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Balance Sheet

GBP	FY, 2007	FY, 2008	FY, 2009	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Cash	4.9 m	5.1 m	4.3 m	1.1 m	2.8 m	4.4 m	6.4 m	9 m	8.6 m	6.9 m	11 m
Accounts Receivable	2.2 m	2.9 m	3.5 m	4.7 m	3.9 m	962.7 k	542 k	506.4 k	20.6 m	264.3 k	32.8 m
Inventories										8.2 k	24.9 k
Current Assets	7.3 m	8.2 m	8.3 m	6.2 m	7.6 m	12.3 m	15.3 m	17.2 m	29.2 m	30.3 m	43.9 m

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Cash Flow

GBP	FY, 2007	FY, 2008	FY, 2009	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Net Income	393 k	340.6 k	114 k	8.1 k	9.1 k	11.1 k	4.2 k	46.9 k	(99.4 k)	931.9 k	10.2 m
Cash From Operating Activities	1.7 m	509.3 k	(705.2 k)	(3.1 m)	1.8 m	1.7 m	2.2 m	2.6 m	(340.4 k)	(1.8 m)	6.4 m
Dividends Paid	24 k	24 k	24 k	24 k	24 k	24 k	24 k	24 k	76.8 k	980 k	2.1 m
Cash From Financing Activities	(71 )