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Reich Insurance Brokers Limited

03697314

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

197 CHAPEL STREET, SALFORD, M3 5EQ
Incorporated 19/01/1999

Compliance

Last accounts

30/09/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/03/2026

Due 15/03/2027

On track

Industry

65120
Non-life insurance

Officers

Mr Graeme Robert Manning

secretary · Since 06/04/2023

Mr Jonathan Paul Cumpstey

director · Since 05/05/2023

CHIEF COMPLIANCE OFFICER

BRITISH · UNITED KINGDOM · Age 64

Also on 6 other boards

Mr. John David King

director · Since 05/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 9 other boards

Mr Michael Raymond Millar

director · Since 05/05/2023

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 38

Also on 23 other boards

Rachel Margaret Margerson

director · Since 16/06/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Reece Wootten

director · Since 16/06/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 3 other boards

Persons with Significant Control

Howden Uk&I Holdings Limited

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

One Creechurch Place, London, EC3A 5AF

Reg: 12875660 · Companies House · Limited By Shares

Notified 01/03/2025

Former PSCs

Mr Daniel Akiva Lopian

Ceased 11/10/2019

Mr Simon Paul Taylor

Ceased 11/10/2019

Reich Group Limited

Ceased 01/03/2025

Charges2 outstanding

Charge
outstanding

MORGAN STANLEY SENIOR FUNDING, INC.

Created 13/06/2024Registered 25/06/2024
Charge
outstanding

MORGAN STANLEY SENIOR FUNDING, INC.

Created 13/06/2024Registered 25/06/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/03/1999Registered 07/04/1999Satisfied 15/11/2022

CompanyRankvs 105+ SIC 65120 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 17.84× · 20/20
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 strength25/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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

have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the group's or the parent company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The other information comprises the inf

Key FinancialsYear ending 31/03/2023

Net Worth

£26.3M

Balance sheet strength

Cash

£3.4M

Cash in the bank

Profit Before Tax

£2.5M

Bottom line earnings

Net Current Assets

£18.8M

Working capital

Current Assets

£19.9M

Current Liabilities

£1.1M

Fixed Assets

£7.6M

Debtors

£16.6M

Admin Expenses

£11.2M

Profit After Tax

£1.8M

121avg. employees+9

Tax at Year End

Corp tax£0
Dividends paid£720k

People Costs(2021)

Wages & salaries£5.8M

Balance Sheet

Intangible assets£6.6M
Assets less current liabilities£26.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202317.84+£1.2M
20223.80+£3.3M
20212.91+£3.3M
20202.05+£1.6M
20192.74+£3.1M
20182.16

Derived from filed accounts. Not audited figures.