TheTruthAboutSolitaire contributor ‘Lamby’, brought to our attention yet another Consensus Business Group insurance company called ‘Sonata Insurance Services’.

We have already revealed the ‘links’ amongst Peverel, Solitaire, E&M, County Estate Management – by undertaking a simple ‘Companies House’ lookup, but as revealed yesterday, we also received confirmation of other ‘Peverel Group’ companies.

With this in mind, we thought it would be interesting to bring to your attention some of the figures, that have to be submitted to Companies House, when you are a limited company at year end.

The information we reveal below is freely available for anyone to download from the Companies House website, by searching for the company name or company registration number.  Alternatively, we’ll publish links for people to download this information from TheTruthAboutSolitaire – if enough people comment to request it.

First up is Cirrus Communication Systems Limited. In 2007 they turned over £10,447,766 which increased to £13,219,094 in 2008.  However, the profit on this turnover after taxation dropped from £987,895 in 2007 to just £56,037 in 2008.

Next is Peverel Limited.  In 2007 they turned over £4,193,445, which dramatically increased in 2008 to £10,738,285!  The profit on this turnover, following taxation was somehow £793,130,533 (yes that’s right £793million!) in 2007, which dopped to £3,439,700 in 2008.

However, Peverel Limited had Debtors to the value of £602,923,041 in 2008, which we assume was the funding for the acquisition of the company?

Now, the one that we’ve all been waiting for – Kingsborough Insurance Services.  In 2007, they turned over £4,331,946, with a profit after tax of £2,640,702 and in 2008, turnover increased to £5,439,241 and profit grew to £6,501,162.

As Kingsborough are acting as a middleman, between Solitaire / Peverel and the broker – it’s clear to see that they are making a lot of money for doing very little. 

Peverel OM Limited’s turnover in 2007 was £11,871,102, which increased to £13,025,554 in 2008.  Profit after tax was pretty similar, with 2007’s profit being £1,648,565 and 2008’s being £1,653,820.

Estates & Management, are yet to submit the accounts for 2008 as yet, but we can advise that in 2006, turnover was £5,056,460 with a loss of £889,008 after tax.  Fortunately, in 2007 things got a little better, with turnover reducing to £4,221,496, but made a profit of £1,582,894 after tax. 

Estates & Management recently added Vincent Tchenquiz as a Director.

We also downloaded a report on the Consensus Business Group, however it appears that in 2007, they made a loss of just over one million and in 2008, made a small profit of thirty seven thousand pounds.

Following yesterday’s post, that revealed the names and company registration details of other ‘Peverel’ companies, it is clear to see that the industry is extremely lucrative. 

In addition to this, these profits are after taxation on turnover and assets!.

Now, if Peverel / CBG aren’t ‘ripping us off’ as they have told the media – why have they been able to make so much money, if they are not using inter-linked companies to undertake works?