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Bannerman Rendell Limited

00609004

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

5-10 BURY STREET, LONDON, EC3A 5AT
Incorporated 31/07/1958

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/04/2026

Due 28/04/2027

On track

Industry

65120
Non-life insurance

Officers

Michael Andrew Rendell

director · Since 07/12/2006

INSURANCE BROKER

BRITISH · UNITED KINGDOM · Age 59

Also on 4 other boards

Mr John Paul Tester

director · Since 12/07/2018

INSURANCE BROKER

BRITISH · ENGLAND · Age 60

Lee Ford

director · Since 09/07/2024

ACCOUNTANT

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Michael Rendell Limited

75–100% shares

5-10 Bury Street, Bury Street, London, EC3A 5AT

Reg: 05851174 · Companies House · Limited Company

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 01/11/2013Registered 12/11/2013
charge
satisfied

PREMIUM CREDIT LIMITED

Created 28/02/2007Registered 09/03/2007Satisfied 27/02/2017
charge
outstanding

LLOYD'S (A STATUTORY CORPORATION)(AS TRUSTEE FOR THE CREDITORS FOR THE TIME BEING OF THE COMPAN

Created 12/10/1999Registered 02/11/1999
charge
outstanding

LLOYD'S

Created 30/09/1993Registered 26/11/1997
charge
outstanding

MEPC PLC

Created 01/10/1996Registered 03/10/1996
charge
outstanding

LLOYD'S AS TRUSTEE FOR CREDITORS FOR THE TIME BEING OF THE COMPANY IN RESPECT OF INSURANCETRANS

Created 15/06/1990Registered 29/06/1990
charge
outstanding

THE CORPORATION OF LLOYD'S

Created 23/02/1983Registered 04/03/1983

CompanyRankvs 21+ SIC 65120 peers
68

Financial strength94th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.14× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£1.5M

Balance sheet strength

Cash

£425k

Cash in the bank

Profit Before Tax

£220k

Bottom line earnings

Net Current Assets

£1.5M

Working capital

Current Assets

£2.2M

Current Liabilities

£697k

Fixed Assets

£12k

Debtors

£1.8M

Admin Expenses

£2.2M

Profit After Tax

£142k

19avg. employees-1

Tax at Year End

Corp tax£77k

Balance Sheet

Assets less current liabilities£1.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.14+£142k
20232.75+£62k
20221.11+£27k
20211.10+£79k
20201.12+£80k
20191.09+£84k
20181.12+£278k
20161.11

Derived from filed accounts. Not audited figures.