Coversure Insurance Services (Leyton) Limited
04259052
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/07/2001
INSURANCE INTERMIDIARY
BRITISH · ENGLAND · Age 49
Also on 7 other boards
Persons with Significant Control
Mr Ali Altiner Mimoglu
British · England · Age 49
35, Forest Lane, Chigwell, IG7 5AF
Notified 25/07/2016
Charges2 outstanding
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CompanyRankvs 41+ SIC 65120 peers77
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 28/02/2025
Net Worth
£1.3M
Balance sheet strength
Cash
£88k
Cash in the bank
Net Current Assets
£1.0M
Working capital
Current Assets
£1.3M
Current Liabilities
£317k
Fixed Assets
£282k
Debtors
£1.2M
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.22 | -£88k |
| 2024 | 4.40 | -£147k |
| 2023 | 6.82 | +£80k |
| 2022 | 6.20 | +£28k |
| 2021 | 4.43 | +£299k |
| 2020 | 3.15 | +£369k |
| 2019 | 2.37 | — |
Derived from filed accounts. Not audited figures.