The financial and insurance industries are cornerstones of the UK economy. The financial services sector alone accounts for around 6.5% of the country's total economic output, having contributed £119 billion during 2017. Predictably, London is the centre for activity in the sector, with around 50% of the industry's output is created there. The financial sector is also an important employer, with around 1.1 million people working in it; that's 3.2% of all UK jobs.
Financial services exports for the UK in 2016 were worth £61 billion, while imports were worth £11 billion, creating a surplus in the trade of financial services that sat at £51 billion. Of all financial services exports, 44% were for the EU. 39% of financial services imports meanwhile, were sent from the EU.
The insurance industry in the UK is equally strong; it contributes over £40 billion to the country's economy annually. The UK also currently ranks as the world leader for insurance exports; the country currently sells around £13 billion more than it imports. The industry provides around 309,000 jobs, with 86% of employees in the sector working full time; much higher than the national average of 67%. Research by Volterra also found that these employees are twice as productive as those in industries like manufacturing or construction, adding up to £150,000 to the UK economy every year.
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PARAGON FINANCE PLC Active
Registration Nr
01917566Age of business
37 yearsNr of Employees
1,354Revenue
8909000.0Industry
64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantorsCountry
GBCity
WEST MIDLANDSWebsite
http://paragon-m**************Phone
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View plansBILDERLINGS PAY LIMITED Active
Registration Nr
09908958Age of business
7 yearsNr of Employees
27Revenue
8.8 millionIndustry
64999 - Financial intermediation not elsewhere classifiedCountry
GBCity
LONDONPhone
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View plansRegistration Nr
09081062Age of business
8 yearsNr of Employees
72Revenue
8.8 millionIndustry
66190 - Activities auxiliary to financial intermediation n.e.c.Country
GBCity
HAM GREENWebsite
www.paradigmnorton.co.ukPhone
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View plansRegistration Nr
06036012Age of business
16 yearsNr of Employees
58Revenue
8.8 millionIndustry
66290 - Other activities auxiliary to insurance and pension fundingCountry
GBCity
CROYDONWebsite
http://premiercompanies.co.ukPhone
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04027812Age of business
23 yearsNr of Employees
6Revenue
8633000.0Industry
66120 - Security and commodity contracts dealing activitiesCountry
GBThis information is available only for subscribed users
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LONDONWebsite
www.corona********Phone
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FINDERS GENEALOGISTS LIMITED Active
Registration Nr
03501521Age of business
26 yearsNr of Employees
90Revenue
8620415.0Industry
64999 - Financial intermediation not elsewhere classifiedCountry
GBThis information is available only for subscribed users
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LondonPhone
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View plansMOORHOUSE GROUP LIMITED Active
Registration Nr
03825233Age of business
25 yearsNr of Employees
93Revenue
8568000.0Industry
65120 - Non-life insuranceCountry
GBThis information is available only for subscribed users
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CaerphillyWebsite
http://constru************Phone
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View plansRegistration Nr
01499986Age of business
42 yearsNr of Employees
43Revenue
8560305.0Industry
64999 - Financial intermediation not elsewhere classifiedCountry
GBThis information is available only for subscribed users
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http://www.buc************Phone
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View plansRegistration Nr
01102466Age of business
49 yearsNr of Employees
23Revenue
8.6 millionIndustry
64999 - Financial intermediation not elsewhere classifiedCountry
GBCity
ALTRINCHAMWebsite
http://gecapital.nlRegistration Nr
04220937Age of business
21 yearsNr of Employees
72Revenue
8.4 millionIndustry
66190 - Activities auxiliary to financial intermediation n.e.c.Country
GBCity
MACRAE ROAD HAM GREENWebsite
www.paradigmnorton.co.ukPhone
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06261439Age of business
15 yearsNr of Employees
21Revenue
8.4 millionIndustry
64209 - Activities of other holding companies n.e.c.Country
GBCity
33 CANNON STREETWebsite
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Registration Nr
02962937Age of business
28 yearsNr of Employees
18Revenue
8.3 millionIndustry
64999 - Financial intermediation not elsewhere classifiedCountry
GBCity
15-16 BUCKINGHAM STREETWebsite
http://www.seilerninvest.comPhone
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View plansRegistration Nr
07804418Age of business
11 yearsNr of Employees
7Revenue
8188205.0Industry
66300 - Fund management activitiesCountry
GBWebsite
qic.***Phone
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View plansSOLO RAIL SOLUTIONS LIMITED Active
Registration Nr
04797394Age of business
19 yearsNr of Employees
94Revenue
8.1 millionIndustry
25110 - Manufacture of metal structures and parts of structuresCountry
GBCity
LONG ACRE, NECHELLSWebsite
http://solorail.comPhone
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View plansTURKISH BANK (UK) LIMITED Active
Registration Nr
02643004Age of business
32 yearsNr of Employees
54Revenue
8081000.0Industry
64191 - BanksCountry
GBThis information is available only for subscribed users
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LondonWebsite
www.turkish**********Phone
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View plansBHIB LIMITED Active
Registration Nr
00829660Age of business
58 yearsNr of Employees
106Revenue
8.0 millionIndustry
65120 - Non-life insuranceCountry
GBCity
GROVE PARKPhone
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View plansTHE CHARITY BANK LIMITED Active
Registration Nr
04330018Age of business
21 yearsNr of Employees
72Revenue
8.0 millionIndustry
64999 - Financial intermediation not elsewhere classifiedCountry
GBThis information is available only for subscribed users
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TONBRIDGEWebsite
www.charitybank.orgPhone
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BRAIDWOOD (METALS) LIMITED Active
Registration Nr
SC260654Age of business
19 yearsNr of Employees
16Revenue
8.0 millionIndustry
64209 - Activities of other holding companies n.e.c.Country
GBCity
BANKSIDE INDUSTRIAL ESTATESME INVOICE FINANCE LIMITED Active
Registration Nr
03591079Age of business
25 yearsNr of Employees
47Revenue
7947000.0Industry
64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantorsCountry
GBThis information is available only for subscribed users
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LondonWebsite
http://metroban*************Phone
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View plansLLOYD & WHYTE LIMITED Active
Registration Nr
03686765Age of business
24 yearsNr of Employees
72Revenue
7940339.0Industry
66220 - Activities of insurance agents and brokersCountry
GBThis information is available only for subscribed users
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TAUNTONWebsite
www.lloydw********Phone
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View plansRegistration Nr
01881643Age of business
37 yearsNr of Employees
19Revenue
7918941.0Industry
66190 - Activities auxiliary to financial intermediation n.e.c.Country
GBWebsite
http://www.l***********Phone
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Registration Nr
09715533Age of business
8 yearsNr of Employees
5Revenue
7873000.0Industry
64209 - Activities of other holding companies n.e.c.Country
GBCity
NORTH YORKSHIRERELIANCE TRUST LIMITED Active
Registration Nr
06036746Age of business
16 yearsNr of Employees
79Revenue
7.8 millionIndustry
64209 - Activities of other holding companies n.e.c.Country
GBCity
LONDONPhone
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PMQUE LIMITED Active
Registration Nr
08306732Age of business
10 yearsNr of Employees
2Revenue
7.7 millionIndustry
65120 - Non-life insuranceCountry
GBCity
EAST BERGHOLTRegistration Nr
07741075Age of business
11 yearsNr of Employees
29Revenue
7.7 millionIndustry
64999 - Financial intermediation not elsewhere classifiedCountry
GBCity
COBHAM ROADPhone
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Research by Volterra also found that these employees are twice as productive as those in industries like manufacturing or construction, adding up to £150,000 to the UK economy every year.
Clearly, there are huge sums of money involved in the sector - but which companies are turning over the most? We used our B2B directory to put together a list of the industry's top performers... here are the results.
