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Financial Affairs Limited

01807791

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

8 STANDISH STREET, BURNLEY, BB11 1AP
Incorporated 11/04/1984

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 04/07/2025

Due 18/07/2026

On track

Industry

66220
Activities of insurance agents and brokers

Officers

Laurence Christian Thomas O'Connor

director · Since 25/04/2012

INSURANCE BROKER

BRITISH · ENGLAND · Age 41

Also on 5 other boards

Alan David Walsh

director · Since 14/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 7 other boards

Persons with Significant Control

Financial Affairs Holdings Limited

75–100% shares
75–100% votes
Appoint directors

8, Standish Street, Burnley, BB11 1AP

Reg: 14609402 · Companies House · Private Company Limited By Shares

Notified 21/04/2023

Former PSCs

Mr Michael Patrick Oconnor

Ceased 14/04/2022

Mrs Pamela Ann Oconnor

Ceased 14/04/2022

Mr Laurence Christian Thomas O’Connor

Ceased 21/04/2023

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 06/04/2020Registered 16/04/2020

CompanyRankvs 976+ SIC 66220 peers
64

Financial strength87th percentile among SIC peers · 22/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 6.56× · 20/20
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 strength22/25 pts

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

Employees2/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2025

Net Worth

£253k

Balance sheet strength

Cash

£161

Cash in the bank

Net Current Assets

£153k

Working capital

Current Assets

£180k

Current Liabilities

£27k

Fixed Assets

£111k

Debtors

£180k

0avg. employees

Tax at Year End(2024)

Corp tax£0

Balance Sheet

Intangible assets£50k
Assets less current liabilities£264k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20256.56+£0
20256.56-£226k
20245.81+£281k
20232.34+£34k
20221.71+£72k
20211.32-£3k
20201.32-£1k
20191.54+£48k
20180.97-£66k
20171.14

Derived from filed accounts. Not audited figures.