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RIGHT CHOICE INSURANCE BROKERS LIMITED

Active Romford

Non-life insurance

144 employees Website
Financial services Non-life insurance
R

RIGHT CHOICE INSURANCE BROKERS LIMITED

Non-life insurance

Founded 9 Nov 2007 Active Romford, United Kingdom 144 employees ladybirdinsurance.co.uk
Financial services Non-life insurance
Accounts Submitted 29 Sept 2025
Confirmation Statement Submitted 20 Nov 2025
Net assets £11.15M £4.62M 2024 year on year
Total assets £15.40M £11.82M 2024 year on year
Total Liabilities £4.24M £7.20M 2024 year on year
Charges 2
2 satisfied

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AI Analysis

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Contact & Details

Contact

Update Details

Registered Address

St James House 27 - 43 Eastern Road Romford Essex RM1 3NH

Telephone

0152 739 0240

Credit Report

Discover RIGHT CHOICE INSURANCE BROKERS LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

See All Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£1.16M

Decreased by £5.78M (-83%)

Net Assets

£11.15M

Decreased by £4.62M (-29%)

Total Liabilities

£4.24M

Decreased by £7.20M (-63%)

Turnover

£12.35M

Decreased by £7.31M (-37%)

Employees

144

Decreased by 22 (-13%)

Debt Ratio

28%

Decreased by 14 (-33%)
See 10 Year Full Financials

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

£28.0m raised
Show:

Investors (1)

Investor NameInvestor SinceParticipating Rounds
LDCJun 2018Minority Investment

Share Capital

Share Capital

Share allotments and capital structure

2 Allotments 77 Shares £77 Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
30 Jun 201652£52£1
31 Mar 201425£25£1

Officers

Officers

3 active 8 resigned
Status
Jonathan Guy SuttonDirectorBritishEngland5631 Oct 2025Active
Matthew Andrew GledhillDirectorBritishEngland6224 Jun 2025Active
Michael Paul JosephDirectorBritishUnknown549 Nov 2007Active

Shareholders

Shareholders (1)

Lucida Broking Holdings Limited
100.0%
93616 Dec 2021

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

Lucida Broking Holdings Limited

United Kingdom

Active
Notified 6 Jun 2018
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Michael Paul Joseph

Ceased 6 Jun 2018

Ceased
See All Controllers

Group Structure

Group Structure

LUCIDA BROKING HOLDINGS LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent
LDC (MANAGERS) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
LDC GP LLP united kingdom voting rights 75 to 100 percent limited liability partnership, right to share surplus assets 75 to 100 percent limited liability partnership
LDC (GENERAL PARTNER) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
LLOYDS DEVELOPMENT CAPITAL (HOLDINGS) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
LBG EQUITY INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
LLOYDS BANKING GROUP PLC united kingdom
RIGHT CHOICE INSURANCE BROKERS LIMITED Current Company
BIKE DEVIL LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

2 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
5 Dec 2025OfficersAppointment of Mr James William Burniston as director on 2025-12-05View(2 pages)
5 Dec 2025OfficersTermination of Jonathan Guy Sutton as director on 2025-12-05View(1 page)
20 Nov 2025Confirmation StatementConfirmation statement made on 2025-11-09 with no updatesView(3 pages)
31 Oct 2025OfficersTermination of Alan David Hemsley as director on 2025-10-31View(1 page)
31 Oct 2025OfficersAppointment of Mr Jonathan Guy Sutton as director on 2025-10-31View(2 pages)
5 Dec 2025 Officers

Appointment of Mr James William Burniston as director on 2025-12-05

View Document(2 pages)
5 Dec 2025 Officers

Termination of Jonathan Guy Sutton as director on 2025-12-05

View Document(1 page)
20 Nov 2025 Confirmation Statement

Confirmation statement made on 2025-11-09 with no updates

View Document(3 pages)
31 Oct 2025 Officers

Termination of Alan David Hemsley as director on 2025-10-31

View Document(1 page)
31 Oct 2025 Officers

Appointment of Mr Jonathan Guy Sutton as director on 2025-10-31

View Document(2 pages)

Recent Activity

Latest Activity

Appointment of Mr James William Burniston as director on 2025-12-05

2 months ago on 5 Dec 2025

Termination of Jonathan Guy Sutton as director on 2025-12-05

2 months ago on 5 Dec 2025

Confirmation statement made on 2025-11-09 with no updates

2 months ago on 20 Nov 2025

Termination of Alan David Hemsley as director on 2025-10-31

3 months ago on 31 Oct 2025

Appointment of Mr Jonathan Guy Sutton as director on 2025-10-31

3 months ago on 31 Oct 2025