Angel Software Limited

Angel Software Limited, based in Preston, UK, is a small, active company founded 25 years ago. With seven employees and £2,624,995 in assets, it operates from a real address and is overseen by three directors and one owner. The company regularly imports electrical machinery and equipment, with its last import activity recorded three months ago.

Angel Software Limited primarily functions as a broker, offering a range of intelligent online insurance solutions for small to medium-sized enterprises. Its website focuses on simplifying the insurance process for brokers, offering pre-qualifying statements of fact and a secure platform for quote management. The company also provides bespoke products tailored to specific client groups or associations, allowing brokers to concentrate on sales rather than administrative tasks. It even runs broker forums to enlighten delegates on industry topics.

Financially, Angel Software Limited shows a mixed picture. While current assets increased by 16% to £2,600,000, bank cash decreased by a significant 41% to £530,000. Debtors have also risen considerably, increasing by 60% to £1,900,000. Creditors have increased by 54% to £390,000, and other creditors have jumped by 36% to £220,000. The company's small size (meeting two of three conditions for a small company) helps it remain flexible. However, the decrease in cash reserves and the increase in debt suggest it might be burning through money a little faster than it’s bringing it in. There is no auditor mentioned, likely due to its small size, so the figures are unaudited. Overall, Angel Software Limited seems to be navigating a competitive insurance brokerage landscape, but it will need to manage its finances carefully to ensure long-term sustainability.

Registered in England/Wales under the registration number 03863318, with a registered address at PR5 6SW, Preston, Unit 5 Dewhurst Row, Bamber Bridge.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.