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Mercia Underwriting Solutions Ltd

03758742

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

6 LLOYD'S AVENUE, LONDON, EC3N 3AX
Incorporated 21/04/1999

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 21/02/2026

Due 07/03/2027

On track

Industry

65120
Non-life insurance

Officers

Mrs Emma Louise Ainscough

secretary · Since 27/01/2017

Mrs Keri Ann Egan

director · Since 10/07/2019

INSURANCE BROKER

BRITISH · ENGLAND · Age 40

Also on 6 other boards

Mr Ian Howard Kitchinson

director · Since 31/03/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Mrs Marie Irene Thomas-White

director · Since 02/01/2026

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Circle 1991 Limited

75–100% shares
75–100% votes

118, Holyhead Road, Coventry, CV1 3LY

Reg: 12508077 · England And Wales · English Limited Company

Notified 30/10/2020

Former PSCs

Circle Insurance Services Limited

Ceased 30/10/2020

Charges1 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 08/04/2025Registered 11/04/2025
Charge
satisfied

BANK OF SCOTLAND PLC

Created 24/02/2023Registered 24/02/2023Satisfied 12/04/2025

CompanyRankvs 837+ SIC 65120 peers
55

Financial strength36th percentile among SIC peers · 9/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength9/25 pts

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

Employees14/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/04/2025

Net Worth

£3k

Balance sheet strength

Cash

£421k

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£552k

Current Liabilities

£549k

Fixed Assets

£994k

Debtors

£130k

17avg. employees+1

Balance Sheet

Assets less current liabilities£997k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.01-£842k
20240.72+£44k
20230.94+£799k
20221.67-£307k
20211.85+£100k
20204.11+£32k
20196.62+£4k
20184.04+£171k
20176.10

Derived from filed accounts. Not audited figures.