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Compass Underwriting Limited

03332314

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

71-75 SHELTON STREET, LONDON, WC2H 9JG
Incorporated 12/03/1997

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

28/09/2026

On track

Confirmation statement

Last: 17/09/2025

Due 01/10/2026

On track

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Ortho Thomas David Barnes

director · Since 01/09/2003

BROKER

BRITISH · ENGLAND · Age 62

Also on 6 other boards

Persons with Significant Control

Mr Ortho Thomas David Barnes

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

British · England · Age 62

50, Mark Lane, London, EC3R 7QR

Notified 06/04/2016

Former PSCs

Kari Yanai

Ceased 10/01/2023

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 21/01/2008Registered 26/01/2008Satisfied 05/11/2019
charge
satisfied

37-40 LIME STREET (NO.1) LIMITED AND 37-40 LIME STREET (NO.2) LIMITED

Created 28/11/2003Registered 04/12/2003Satisfied 03/11/2010
charge
satisfied

LLOYDS TSB BANK PLC

Created 01/09/2003Registered 05/09/2003Satisfied 15/12/2010

CompanyRankvs 1490+ SIC 66220 peers
69

Financial strength87th percentile among SIC peers · 22/25
Employees30th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.18× · 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.

Employees5/15 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 31/12/2024

Net Worth

£265k

Balance sheet strength

Cash

£2.0M

Cash in the bank

Net Current Assets

£515k

Working capital

Current Assets

£3.3M

Current Liabilities

£2.8M

Fixed Assets

£1

Debtors

£1.3M

1avg. employees

Balance Sheet

Assets less current liabilities£515k
Signed by Mr Ortho Barnes 04/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.18-£51k
20231.15

Derived from filed accounts. Not audited figures.