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Msl Legal Expenses Ltd

02210857

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

5400 LAKESIDE, CHEADLE, SK8 3GQ
Incorporated 14/01/1988

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

65120
Non-life insurance

Officers

Mr Nicholas David Garner

director · Since 01/01/2006

DIRECTOR

ENGLISH · ENGLAND · Age 47

Also on 21 other boards

Serena Angela Garner

secretary · Since 25/07/2013

BRITISH

Mr Anthony Scott Hughes

director · Since 01/07/2015

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 9 other boards

Mr Deven Thakrar

director · Since 13/05/2019

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Mr David Anthony Ross

director · Since 01/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 3 other boards

Mrs Elaine Valerie Parkes

director · Since 17/01/2025

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 4 other boards

Mrs Lucy Ashmore

director · Since 10/10/2025

DIRECTOR

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Drive Further Ltd

75–100% shares

5400, Lakeside, Cheadle, SK8 3GQ

Reg: 08197723 · Cardiff · Limited Company

Notified 19/09/2019

Former PSCs

Mr Nicholas David Garner

Ceased 19/09/2019

Charges1 outstanding

Charge
outstanding

FINANCIAL & LEGAL INSURANCE COMPANY LIMITED

Created 10/10/2024Registered 10/10/2024
Charge
satisfied

BARCLAYS BANK PLC

Created 02/06/2016Registered 14/06/2016Satisfied 04/10/2024

CompanyRankvs 198+ SIC 65120 peers
70

Financial strength95th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.17× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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198Msl Legal Expenses Ltd
80
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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

£1.7M

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£11.3M

Current Liabilities

£9.7M

Fixed Assets

£189k

Debtors

£11.3M

30avg. employees-2

Tax at Year End(2023)

Dividends paid£75k

Balance Sheet

Assets less current liabilities£1.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.17+£100k
20241.16-£709k
20231.26—

Derived from filed accounts. Not audited figures.