Md Insurance Services Limited
03642459
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 09/05/2026
Due 23/05/2027
Industry
Officers
secretary · Since 01/12/2023
Former
corporate nominee director · Resigned 27/10/1998
corporate nominee secretary · Resigned 27/10/1998
director · Resigned 09/03/2009
director · Resigned 01/10/2010
director · Resigned 18/01/2011
secretary · Resigned 31/12/2011
director · Resigned 01/01/2012
director · Resigned 31/03/2014
director · Resigned 28/04/2017
director · Resigned 24/01/2020
director · Resigned 31/08/2021
director · Resigned 01/04/2022
director · Resigned 01/04/2022
director · Resigned 01/12/2023
secretary · Resigned 01/12/2023
director · Resigned 10/06/2025
Persons with Significant Control
Hsb Engineering Insurance Limited
Chancery Place, 50 Brown Street, Manchester, M2 2JT
Reg: 02396114 · Uk · English Law
Notified 01/04/2022
Former PSCs
Mr Gary James Devaney
Ceased 01/04/2022
Mrs Bernadette Mary Devaney
Ceased 01/04/2022
Charges1 outstanding
HSB ENGINEERING INSURANCE LIMITED
GARY JAMES DEVANEY
BERNADETTE MARY DEVANEY
GARY JAMES DEVANEY
Change History
Private Limited Company
2 SHORE LINES BUILDING
BIRKENHEAD
Active
CompanyRankvs 340+ SIC 66220 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent 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 directors with respect to going concern are d
Key FinancialsYear ending 31/12/2021
Net Worth
£10.0M
Balance sheet strength
Cash
£88.3M
Cash in the bank
Net Current Assets
£53.2M
Working capital
Current Assets
£123.7M
Current Liabilities
£70.5M
Fixed Assets
£6.6M
Debtors
£35.4M
Profit After Tax
£424k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2021 | 1.75 |
Derived from filed accounts. Not audited figures.