Minova Insurance

Minova Insurance is a new, ambitious and innovative insurance holding company. They back positive people with good ideas in the global insurance market. They help to empower teams to maximise their entrepreneurial potential.
Company Growth (employees)
Type
Private
HQ
London, GB
Founded
1980
Size (employees)
16 (est)-11%
Minova Insurance was founded in 1980 and is headquartered in London, GB

Key People at Minova Insurance

Dane Douetil

Dane Douetil

CEO

Minova Insurance Office Locations

Minova Insurance has an office in London
London, GB (HQ)
1 America Square

Minova Insurance Data and Metrics

Summary Metrics

Founding Date

1980

Total Funding

$50.7 m

Latest funding size

$50.7 m

Time since last funding

about 3 years

Investors

Minova Insurance's latest funding round in June 2014 was reported to be $50.7 m. In total, Minova Insurance has raised $50.7 m

Minova Insurance Financial Metrics

Minova Insurance's revenue was reported to be £83.7 m in FY, 2015 which is a 9% increase from the previous period.
GBP

Revenue (FY, 2015)

83.7 m

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

9%

Net income (FY, 2015)

(14.6 m)

Cash (31-Dec-2015)

10.8 m
GBPFY, 2013FY, 2014FY, 2015

Revenue

67.9 m76.5 m83.7 m

Revenue growth, %

13%9%

Pre tax profit

(264 k)(5.9 m)(14 m)

Net Income

(1.2 m)(4.6 m)(14.6 m)
GBPFY, 2013FY, 2014FY, 2015

Cash

57.9 m21.7 m10.8 m

Accounts Receivable

162.2 m

Current Assets

234.6 m53.9 m54.2 m

PP&E

6 m23.1 m25.2 m

Goodwill

1.8 m2.2 m2.1 m

Total Assets

242.3 m79.2 m81.5 m

Accounts Payable

201.8 m

Current Liabilities

230.6 m30.4 m35.5 m

Total Liabilities

244 m97.4 m111 m

Retained Earnings

(1.4 m)(5 m)(14.6 m)

Total Equity

(1.7 m)(18.2 m)(29.6 m)

Financial Leverage

-143.8 x-4.3 x-2.8 x
GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

(693 k)164 k(1.4 m)

Cash From Financing Activities

3.6 m30.7 m(119 k)

Income Taxes Paid

(973 k)1.3 m(654 k)
GBPY, 2015

Revenue/Employee

4.4 m

Financial Leverage

-2.8 x

Minova Insurance Company Life and Culture

You may also be interested in