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Wise Insurance Services Limited

02560192

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

331 UPPER ELMERS END ROAD, BECKENHAM, BR3 3QP
Incorporated 20/11/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance
65202
Non-life reinsurance

Officers

Mr Michael Thomas Richardson Fca

secretary · Since 20/11/1991

BRITISH · UNITED KINGDOM · Age 75

Also on 11 other boards

Mr Carl Thomas Dixon Bsc (Hons)

director · Since 20/11/1991

CONSULTANT

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Mr Noel Owen Jones Bsc (Hons)

director · Since 20/11/1991

INSURANCE INTERMEDIARY

BRITISH · ENGLAND · Age 62

Mr Michael Thomas Richardson Fca

director · Since 20/11/1991

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 75

Also on 11 other boards

Mrs Catherine Maria O'Meara

director · Since 01/06/2015

INSURANCE BROKER

BRITISH · UNITED KINGDOM · Age 59

Persons with Significant Control

Michael Thomas Richardson

50–75% shares

British · England · Age 75

331, Upper Elmers End Road, Beckenham, BR3 3QP

Notified 06/04/2016

CompanyRankvs 169+ SIC 65120 peers
81

Financial strength82th percentile among SIC peers · 21/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.7× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees10/15 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.

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

£391k

Balance sheet strength

Cash

£291k

Cash in the bank

Net Current Assets

£390k

Working capital

Current Assets

£620k

Current Liabilities

£229k

Fixed Assets

£1k

Debtors

£329k

4avg. employees-4

Tax at Year End(2017)

Corp tax£28k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.70+£120k
20231.63+£84k
20221.82+£52k
20211.69+£39k
20201.52+£33k
20191.47+£23k
20181.22+£9k
20171.15

Derived from filed accounts. Not audited figures.