Back to search

Insolvency Practitioners Association

01151132

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

114 ST MARTIN'S LANE, LONDON, WC2N 4BE
Incorporated 13/12/1973

Compliance

Last accounts

31/12/2025

small

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 17/10/2025

Due 31/10/2026

On track

Industry

94120
Activities of professional membership organisations

Officers

Mr Simon James Underwood

director · Since 29/04/2014

INSOLVENCY PRACTITIONER

BRITISH · ENGLAND · Age 62

Also on 1 other board

Mr Louise Brittain

director · Since 01/05/2019

DIRECTOR

BRITISH · ENGLAND · Age 60

Mrs Yin Lie Lee

director · Since 01/04/2020

INSOLVENCY PRACTITIONER

BRITISH · ENGLAND · Age 51

Mr Lloyd Edward Hinton

director · Since 28/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 48

Mr Lloyd Hinton

director · Since 28/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 48

Mr Adrian Hyde

director · Since 28/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 59

Ms Amanda Wade

director · Since 28/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Ms Antoinette Thorpe

director · Since 30/05/2023

DIRECTOR

NORTHERN IRISH · NORTHERN IRELAND · Age 56

Mr Russell Payne

director · Since 30/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 58

Mr Barry Mochan

director · Since 26/07/2023

DIRECTOR

BRITISH · ENGLAND · Age 50

Mrs Rachel Helen Lai

director · Since 10/05/2024

INSOLVENCY PRACTITIONER

BRITISH · WALES · Age 42

Also on 1 other board

Mr Robert James Cameron Paterson

director · Since 30/05/2024

SOLICITOR

BRITISH · UNITED KINGDOM · Age 52

Also on 5 other boards

Mr Marcial Boo

secretary · Since 24/10/2024

Mr Stephen Leinster

director · Since 01/01/2026

BRITISH · UNITED KINGDOM · Age 66

Mr Lloyd Christopher Biscoe

director · Since 21/05/2026

BRITISH · UNITED KINGDOM · Age 52

Former

Mrs Laura Jayne Prescott

director · Resigned 21/05/2026

Persons with Significant Control

Former PSCs

Mr David Alexander Kerr

Ceased 30/04/2018

CompanyRankvs 176+ SIC 94120 peers
72

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.12× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/12/2023

Turnover

£3.6M

Annual revenue

Net Worth

£2.5M

Balance sheet strength

Cash

£3.6M

Cash in the bank

Profit Before Tax

£381k

Bottom line earnings

Net Current Assets

£394k

Working capital

Current Assets

£3.8M

Current Liabilities

£3.4M

Fixed Assets

£2.1M

Debtors

£222k

Admin Expenses

£3.4M

Operating Profit

£318k

Profit After Tax

£353k

36avg. employees

Balance Sheet

Intangible assets£16k
Assets less current liabilities£2.5M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20231.12

Derived from filed accounts. Not audited figures.