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Insurance Administration Services Limited

02920641

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

SUITE 6, BIRCH HOUSE RANSOM WOOD BUSINESS PARK, MANSFIELD, NG21 0HJ
Incorporated 20/04/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance

Officers

Mrs Patricia Mack

director · Since 15/03/2024

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 3 other boards

Mr Neil Frost

director · Since 16/05/2025

COO

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Ergo Travel Insurance Services Ltd

75–100% shares

Afon House, Worthing Road, Horsham, RH12 1TL

Reg: 11091555 · Companies House · Private Limited Company

Notified 01/01/2024

Former PSCs

Mr Colin Charles Albert Allum

Ceased 25/09/2019

Mr Michael John Fraser Secretan

Ceased 01/12/2023

CompanyRankvs 451+ SIC 65120 peers
78

Financial strength71th percentile among SIC peers · 18/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.85× · 16/20
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 strength18/25 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.

Liquidity16/20 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

£163k

Balance sheet strength

Cash

£83k

Cash in the bank

Net Current Assets

£145k

Working capital

Current Assets

£315k

Current Liabilities

£170k

Fixed Assets

£36k

Debtors

£232k

23avg. employees+7

Balance Sheet

Assets less current liabilities£181k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.85+£75k
20231.78+£75k
20231.58+£2k
20221.82-£5k
20214.44-£20k
202010.06+£0
20198.69

Derived from filed accounts. Not audited figures.