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Company No. 03697314 · Incorporated 19 Jan 1999

Reich Insurance Brokers Limited

Registered name: REICH INSURANCE BROKERS LIMITED

Part of Howden Group Holdings Limited group

Reich Insurance Brokers Limited made £25.4m revenue and £5.3m profit in the year to 30 Sep 2024.

Reich Insurance Brokers Limited’s revenue grew 71% to £25.4m in the year to 30 Sep 2024, with £5.3m profit. The company is classified under “non-life insurance” and is based in Salford; we hold 4 years of its filed accounts.

Full P&L filedSection K · Financial and insurance activitiesSIC 65120Non-life insurance
Status
Active
Location
Salford, North West
Age
27 yrs · since 1999
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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.

Latest accounts · year to 30 Sep 2024

Key figures

Revenue
£25.4m
Growth ▲71.1%
Profit
£5.3m
Growth ▲196.1%
Profit margin
21.1%
 
Employees
—
Change —
Profit / employee
—
 
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202330 Sep 202330 Sep 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&LFull P&L
Profit & loss
Revenue (turnover)£14.7m£14.8m£14.8m£25.4m
Operating profit£4.9m£2.5m£2.5m£7.3m
Profit before tax£5.2m£2.5m£2.5m£7.4m
Profit after tax£4m£1.8m£1.8m£5.3m
Profit (best available)£4m£1.8m£1.8m£5.3m
Staff costs£6.3m£7.1m——
Employees (average)—121——
Ratios
Profit margin27.5%12.2%12.2%21.1%
Revenue per employee—£123k——
Profit per employee—£14.9k——
Growth (year on year)
Revenue growth—▲0.9%—▲71.1%
Profit growth—▼55.3%—▲196.1%
Balance sheet — indirect signals, not revenue
Cash at bank£9.6m£3.4m——
Net assets£25.1m£26.3m——
Fixed assets£10.4m£7.6m——
Current assets£20.1m£19.9m——
Debtors£6m£5.7m——
Deferred income£250k£408k——
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023Accounts · bulk data Jun 2025Accounts · bulk data Jun 2025
Derived from the latest filing

How the business works

Profit margin
21.1%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
—
Now —
Cash at bank
—
Now —
Headcount
—
Now —
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Howden Group Holdings Limitedultimate parent75–100%
  2. HGH Midco 1 Limited75–100%
  3. HGH Midco 2 Limited75–100%
  4. HGH Finance Limited75–100%
  5. HGH Midco 3 Limited75–100%
  6. Howden Broking Group Limited75–100%
  7. Howden Uk&i Holdings Limited75–100%
  8. Reich Insurance Brokers Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (32)

From the Persons with Significant Control register (corporate controllers only).

Sources

Latest figures from accounts for the year to 30 Sep 2024 (profit £5.3m), from the Companies House accounts bulk data published Jun 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.