Afro Asian Insurance Services Limited
02197265
Healthy
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/05/1991
REINSURANCE BROKER
BRITISH · ENGLAND · Age 65
Also on 15 other boards
director · Since 01/12/2022
FINANCE DIRECTOR
BRITISH · UNITED KINGDOM · Age 47
Also on 1 other board
director · Since 01/11/2024
REINSURANCE BROKER
INDIAN · ENGLAND · Age 39
Also on 1 other board
Persons with Significant Control
Mr Udai Rasiklal Patel
British · England · Age 65
Dixon House, 1 Lloyds Avenue, London, EC3N 3DQ
Notified 06/04/2016
Priti Patel
British · United Kingdom · Age 63
10, Gordon Avenue, Stanmore, HA7 3QD
Notified 26/08/2020
Charges2 outstanding
LLOYDS TSB BANK PLC
THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON
CompanyRankvs 15+ SIC 65201 peers61
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 going co
Key FinancialsYear ending 31/03/2025
Turnover
£3.6M
Annual revenue
Net Worth
£3.1M
Balance sheet strength
Cash
£3.8M
Cash in the bank
Profit Before Tax
£388k
Bottom line earnings
Net Current Assets
£2.3M
Working capital
Current Assets
£28.3M
Current Liabilities
£26.0M
Fixed Assets
£770k
Debtors
£24.5M
Admin Expenses
£3.3M
Operating Profit
£364k
Profit After Tax
£281k
Tax at Year End
People Costs
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.09 | +£281k |
| 2024 | 1.09 | +£275k |
| 2023 | 1.06 | +£390k |
| 2022 | 1.05 | — |
Derived from filed accounts. Not audited figures.