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Professional Independent Advisers Limited

02598631

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

HAYWARD COURT, WOLVERHAMPTON, WV1 4SF
Incorporated 05/04/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65110
Life insurance
65201
Life reinsurance

Officers

Mr Michaelo Andre Bandurak

director · Since 28/10/2003

FINANCIAL ADVISER

BRITISH · ENGLAND · Age 70

Also on 2 other boards

Mr David Michaelo Bandurak

secretary · Since 28/09/2007

FINANCIAL ADVISOR

BRITISH · Age 43

Also on 4 other boards

Mr David Michaelo Bandurak

director · Since 14/04/2012

FINANCIAL ADVISOR

BRITISH · ENGLAND · Age 43

Also on 4 other boards

Persons with Significant Control

Mr Michaelo Andre Bandurak

75–100% shares

British · England · Age 70

Hayward Court, Wolverhampton, WV1 4SF

Notified 05/04/2017

CompanyRankvs 179+ SIC 65110 peers
79

Financial strength88th percentile among SIC peers · 22/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.44× · 12/20
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 strength22/25 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.

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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£259k

Balance sheet strength

Cash

£521k

Cash in the bank

Net Current Assets

£208k

Working capital

Current Assets

£681k

Current Liabilities

£474k

Fixed Assets

£69k

Debtors

£160k

Profit After Tax

-£71k

28avg. employees+28

Tax at Year End(2023)

Dividends paid£582k

Balance Sheet

Assets less current liabilities£276k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.44-£71k
20242.13+£126k
20231.57-£99k
20221.85-£178k
20212.95-£21k
20202.53+£55k
20192.85

Derived from filed accounts. Not audited figures.