Peter Best Insurance Services Limited
Registered name: PETER BEST INSURANCE SERVICES LIMITED
Part of Grove & Dean (Holdings) Limited groupPeter Best Insurance Services Limited made £2.2m revenue and £541k profit in the year to 31 May 2025.
Peter Best Insurance Services Limited’s revenue grew 2% to £2.2m in the year to 31 May 2025, with £541k profit and 7 employees. The company is classified under “activities of insurance agents and brokers” and is based in Hornchurch; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hornchurch, London
- Age
- 38 yrs · since 1988
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £1.3m | £1.6m | £2.1m | £2.2m |
| Cost of sales | — | £0 | £413 | £44.5k |
| Gross profit | — | £1.6m | £2.1m | £2.1m |
| Operating profit | £318k | £416k | £663k | £656k |
| Profit before tax | £318k | £418k | £686k | £722k |
| Profit after tax | £260k | £334k | £514k | £541k |
| Profit (best available) | £260k | £334k | £514k | £541k |
| Staff costs | £340k | £286k | £265k | £282k |
| Employees (average) | 15 | 11 | 8 | 7 |
| Ratios | ||||
| Profit margin | 20% | 21.1% | 24.4% | 25.1% |
| Gross margin | — | 100% | 100% | 97.9% |
| Revenue per employee | £86.8k | £144k | £263k | £308k |
| Profit per employee | £17.3k | £30.4k | £64.2k | £77.3k |
| Cash conversion | −171.9% | −197.2% | −108.9% | −54.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲21.6% | ▲33.2% | ▲2.4% |
| Profit growth | — | ▲28.5% | ▲53.7% | ▲5.3% |
| Headcount growth | — | ▼26.7% | ▼27.3% | ▼12.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.1m | £1.7m | £2m | £1.8m |
| Net assets | £568k | £752k | £966k | £1m |
| Fixed assets | £28.5k | £26.5k | £17.1k | £11.9k |
| Current assets | £1.3m | £2.2m | £2.5m | £2.4m |
| Debtors | £145k | £467k | £448k | £509k |
| Deferred income | £15.1k | £114k | £58.9k | £63.6k |
| Cash from operations | −£547k | −£820k | −£722k | −£357k |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 25.1%
- Profit ÷ revenue.
- Gross margin
- 97.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £308k
- Revenue ÷ average employees.
- Profit per employee
- £77.3k
- Profit ÷ average employees.
- Cash conversion
- −54.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 23.6%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲4%
- Now £1m
- Cash at bank
- ▼12%
- Now £1.8m
- Headcount
- ▼13%
- Now 7
- Deferred income
- ▲8%
- Now £63.6k
- Fixed assets
- ▼31%
- Now £11.9k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Grove & Dean (Holdings) Limitedultimate parent75–100%
- Peter Best Insurance Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- Grove & Dean LimitedFigures not disclosed
- It's Marketing LimitedFigures not disclosed
- Market Place Premium Finance LimitedFigures not disclosed
- Performance Direct LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £541k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.