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Vadis Insurance Brokers Limited

01025411

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

151 HIGH STREET, STAFFS, DE14 1JE
Incorporated 28/09/1971

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance

Officers

Patricia Ann Davis

secretary · Since 09/04/1991

BRITISH · Age 87

Mr Andrew Robert Davis

director · Since 12/11/2001

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 3 other boards

Lorraine Ann Davis

director · Since 12/11/2001

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Persons with Significant Control

Mr Andrew Robert Davis

50–75% shares

British · England · Age 67

151 High Street, Staffs, DE14 1JE

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/11/1996Registered 02/12/1996
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/10/1996Registered 29/10/1996Satisfied 22/04/1997
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 31/01/1992Registered 07/02/1992

CompanyRankvs 914+ SIC 65120 peers
57

Financial strength73th percentile among SIC peers · 18/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£185k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£88k

Working capital

Current Assets

£162k

Current Liabilities

£250k

Fixed Assets

£303k

Debtors

£160k

Profit After Tax

£33k

10avg. employees

Tax at Year End

Corp tax£33k
Dividends paid£68k

Balance Sheet

Assets less current liabilities£216k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.65-£35k
20230.75-£13k
20210.76-£21k
20200.67-£5k
20190.68-£11k
20180.70

Derived from filed accounts. Not audited figures.