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Devitt Insurance Services Limited

02438974

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

THE WALBROOK BUILDING, 25, LONDON, EC4N 8AW
Incorporated 02/11/1989

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/10/2025

Due 20/10/2026

On track

Industry

66220
Activities of insurance agents and brokers

Officers

Mr James Oliver Whittingham

director · Since 02/08/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 45 other boards

Mr Nicholas George Robert Harris

director · Since 02/09/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 29 other boards

Mr David Michael Edwin Cousins

director · Since 15/05/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 11 other boards

Persons with Significant Control

Ckh Limited

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

North House, St Edwards Way, Romford, RM1 3PP

Reg: 07398734 · Companies House · Limited By Shares

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 03/01/2018Registered 04/01/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/04/2011Registered 30/04/2011Satisfied 17/09/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/06/1999Registered 19/06/1999Satisfied 09/10/1999

CompanyRankvs 105+ SIC 66220 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.68× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

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

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

Key FinancialsYear ending 31/12/2023

Net Worth

£13.5M

Balance sheet strength

Cash

£10.2M

Cash in the bank

Profit Before Tax

£4.0M

Bottom line earnings

Net Current Assets

£13.4M

Working capital

Current Assets

£21.4M

Current Liabilities

£8.0M

Fixed Assets

£185k

Debtors

£11.1M

Cost of Sales

£3.6M

Admin Expenses

£7.7M

Profit After Tax

£3.1M

129avg. employees+2

Tax at Year End

Corp tax£935k

People Costs

Wages & salaries£3.8M

Balance Sheet

Intangible assets-£11.1M
Assets less current liabilities£13.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20232.68+£3.1M
20222.27+£2.4M
20212.27+£2.9M
20201.83+£765k
20191.63

Derived from filed accounts. Not audited figures.