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Polo Commercial Insurance Services Limited

02845397

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

'GRANGE PARK', CHELTENHAM, GL52 8YQ
Incorporated 17/08/1993

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

65120
Non-life insurance
66290
Other activities auxiliary to insurance and pension funding

Officers

Mr Paul Ian Wooldridge

director · Since 16/07/2019

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mr Richard Daniel Coughlin

director · Since 23/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 57

Mr Richard Frederick Lawson

director · Since 01/02/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Mr Paul David Andrews

director · Since 04/05/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Mr Jeremy Hardwicke Riley

director · Since 05/06/2023

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 6 other boards

Ms Stella Elizabeth Wedderburn

director · Since 14/03/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 3 other boards

Mr Gareth Howard John Nokes

director · Since 20/02/2025

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Mrs Laura Robinson

secretary · Since 06/10/2025

Persons with Significant Control

Marco Capital Holdings (Uk) Limited

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

24, Monument Street, 4th Floor, London, EC3R 8AJ

Reg: 12419351 · Companies House · Private Company Limited By Shares

Notified 29/04/2022

Former PSCs

Capita Insurance Services Holdings Limited

Ceased 29/04/2022

Charges0 outstanding

charge
satisfied

ZURICH INSURANCE COMPANY (AND ITS SUCCESSORS AS THE REGISTERED HOLDER OF THE LOAN NOTES FROMTIM

Created 31/08/2005Registered 09/09/2005Satisfied 19/08/2019
charge
satisfied

SOVEREIGN CAPITAL PARTNERS LLP 'THE TRUSTEE' ACTING AS TRUSTEE AND AGENT FOR ITSELF AND THESTOC

Created 31/08/2005Registered 09/09/2005Satisfied 20/07/2007
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC ACTING AS AGENT FOR NATIONAL WESTMINSTER BANK PLC

Created 31/08/2005Registered 08/09/2005Satisfied 20/07/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/08/2005Registered 25/08/2005Satisfied 16/08/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/11/2002Registered 28/11/2002Satisfied 16/06/2007
charge
satisfied

FIDELITY PROPERTY COMPANY LIMITED

Created 21/10/2002Registered 25/10/2002Satisfied 11/04/2007
charge
satisfied

FIDELITY PROPERTY COMPANY LIMITED

Created 21/10/2002Registered 24/10/2002Satisfied 11/12/2003
charge
satisfied

FIDELITY PROPERTY COMPANY LIMITED

Created 01/10/2001Registered 10/10/2001Satisfied 11/12/2003
charge
satisfied

COUTTS & COMPANY

Created 02/09/1996Registered 07/09/1996Satisfied 19/11/2002
charge
satisfied

LLOYD'S

Created 21/12/1994Registered 22/12/1994Satisfied 23/06/2009

CompanyRankvs 615+ SIC 65120 peers
60

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Liquidity0/20 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

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

Going Concern Doubt

whether they have been prepared in accordance with international accounting standards in conformity with the requirements of the Companies Act 2006; assess the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and use the going concern basis of accounting unless they either intend to liquidate the Company or to cease operations, or have

Key FinancialsYear ending 31/12/2020

Turnover

£20.5M

Annual revenue

Net Worth

£27.7M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£5.8M

Bottom line earnings

Net Current Assets

Working capital

Current Assets

Current Liabilities

£1.2M

Fixed Assets

£29k

Debtors

£400k

Cost of Sales

£11.9M

Gross Profit

£8.6M

Admin Expenses

£2.7M

Operating Profit

£5.8M

Profit After Tax

£4.6M

259avg. employees+8

Tax at Year End

Corp tax£2.7M
VAT£285k

People Costs

Wages & salaries£7.3M
NI contributions£705k

Balance Sheet

Intangible assets£21.1M
Total assets£58.1M
Prepared with CCH Software

EstimatesDerived

YearImplied ProfitEst. Revenue
2020+£24.2M£5.7M

Derived from filed accounts. Not audited figures.