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Variety Insurance & Financial Services Limited

02993850

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

3 HIGH STREET, CORNWALL, PL15 8ER
Incorporated 23/11/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance

Officers

Mr James Andrew Spargo

director · Since 23/11/1994

REGISTERED INSURANCE BROKER

BRITISH · UNITED KINGDOM · Age 63

Persons with Significant Control

Mr James Andrew Spargo

significant-influence-or-control-as-firm

British · England · Age 63

3 High Street, Cornwall, PL15 8ER

Notified 06/04/2016

CompanyRankvs 1149+ SIC 65120 peers
57

Financial strength62th percentile among SIC peers · 16/25
Employees72th percentile among SIC peers · 11/15
LiquidityNo balance sheet data · 0/20
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 strength16/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 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.

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

£68k

Balance sheet strength

Cash

£56k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£67k

Fixed Assets

£4k

Debtors

£75k

5avg. employees

Director Loans(2023)

Company owes directors£59k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£4k
2023+£6k
2022-£9k
20212.08+£17k
20201.87+£18k
20191.59+£16k
20181.33-£2k
20171.35

Derived from filed accounts. Not audited figures.