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Gen2 Broking Ltd

03469979

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

OLD PRINTERS YARD, DORKING, RH4 2HF
Incorporated 24/11/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance

Officers

Mr Ajay Tailor

director · Since 28/06/2024

CFO

BRITISH · ENGLAND · Age 42

Also on 23 other boards

Persons with Significant Control

Gen2 Broking Holdings Limited

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

Old Printers Yard, 156 South Street, Dorking, RH4 2HF

Reg: 10975505 · Companies House · Limited Liability Company

Notified 15/12/2017

Former PSCs

Mr Raymond Stephen Leonard Allen

Ceased 15/12/2017

Mrs Lesley Elizabeth Allen

Ceased 19/10/2017

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 01/06/2020Registered 09/06/2020

CompanyRankvs 1342+ SIC 65120 peers
31

Financial strength32th percentile among SIC peers · 8/25
Employees84th percentile among SIC peers · 13/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength8/25 pts

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

Employees13/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 31/12/2024

Turnover

£416k

Annual revenue

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£78k

Bottom line earnings

Net Current Assets

£247k

Working capital

Current Assets

Current Liabilities

£263k

Debtors

£510k

Admin Expenses

£340k

Operating Profit

£76k

Profit After Tax

£53k

10avg. employees+1

Tax at Year End

Corp tax£59k

Balance Sheet

Assets less current liabilities£247k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.23+£94k
20221.23+£7k
20211.19+£18k
20201.04+£6k
20191.33

Derived from filed accounts. Not audited figures.