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Ips Terroni Insurance Services Ltd

02501855

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

321 CHASE ROAD, LONDON, N14 6JT
Incorporated 14/05/1990

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 04/05/2026

Due 18/05/2027

On track

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Prodromos Adamou Bsc(Hons) Mcmi Fpc

secretary · Since 14/05/1992

BRITISH · UNITED KINGDOM · Age 64

Also on 141 other boards

Mr Prodromos Adamou Bsc(Hons) Mcmi Fpc

director · Since 14/05/1992

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 141 other boards

Mr Petros Georgiou Fpc

director · Since 14/05/1992

FINANCIAL ADVISOR

BRITISH · ENGLAND · Age 64

Also on 8 other boards

Persons with Significant Control

Mr Prodromos Adamou

25–50% shares

British · United Kingdom · Age 64

321 Chase Road, London, N14 6JT

Notified 13/05/2016

Mr Petros Georgiou

25–50% shares

British · England · Age 64

321 Chase Road, London, N14 6JT

Notified 13/05/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 02/01/2002Registered 03/01/2002

CompanyRankvs 724+ SIC 66220 peers
67

Financial strength83th percentile among SIC peers · 21/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.12× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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724Ips Terroni Insurance Services Ltd
77
How is this score calculated?
Financial strength21/25 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 31/12/2024

Net Worth

£162k

Balance sheet strength

Cash

£302k

Cash in the bank

Net Current Assets

£113k

Working capital

Current Assets

£1.0M

Current Liabilities

£932k

Fixed Assets

£50k

Debtors

£730k

Profit After Tax

£52k

15avg. employees+2

Tax at Year End

Corp tax£20k
Dividends paid£40k

Balance Sheet

Assets less current liabilities£162k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.12+£12k
20231.15+£32k
20221.07+£9k
20211.07-£10k
20201.06-£36k
20191.05-£10k
20181.02—

Derived from filed accounts. Not audited figures.