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Commercial Express Quotes Limited

03862468

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

B1 CUSTOM HOUSE THE WATERFRONT, BRIERLEY HILL, DY5 1XH
Incorporated 20/10/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Duncan Peter Pritchard

secretary · Since 20/10/1999

INSURANCE BROKER

BRITISH · UNITED KINGDOM · Age 53

Also on 5 other boards

Mr Duncan Peter Pritchard

director · Since 20/10/1999

INSURANCE BROKER

BRITISH · UNITED KINGDOM · Age 53

Also on 5 other boards

Persons with Significant Control

Mr Duncan Peter Pritchard

75–100% shares

British · England · Age 53

B1 Custom House, The Waterfront, Brierley Hill, DY5 1XH

Notified 01/09/2016

Former PSCs

Mrs Sarah Kathleen Baller

Ceased 16/05/2023

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 05/08/2004Registered 10/08/2004Satisfied 26/05/2023

CompanyRankvs 344+ SIC 66220 peers
72

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.4× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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344Commercial Express Quotes Limited
82
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.

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

Going concern doubt: -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

£5.2M

Annual revenue

Net Worth

£2.4M

Balance sheet strength

Cash

£3.2M

Cash in the bank

Profit Before Tax

£949k

Bottom line earnings

Net Current Assets

£2.0M

Working capital

Current Assets

£7.0M

Current Liabilities

£5.0M

Fixed Assets

£436k

Debtors

£3.8M

Admin Expenses

£4.3M

Operating Profit

£890k

Profit After Tax

£704k

57avg. employees-2

Tax at Year End

Corp tax£244k
Dividends paid£300k

People Costs

Wages & salaries£2.8M
NI contributions£322k

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£2.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.40+£404k
20231.42+£89k
20221.54-£138k
20211.62-£1.1M
20201.99—

Derived from filed accounts. Not audited figures.