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Garratts Insurance Brokers Limited

04384194

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

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

Details

7TH FLOOR, CORN EXCHANGE, LONDON, EC3R 7NE
Incorporated 28/02/2002

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/02/2026

Due 14/03/2027

On track

Industry

66220
Activities of insurance agents and brokers

Officers

Mr John Marshall Grindley

director · Since 20/06/2003

INS BROKER

BRITISH · UNITED KINGDOM · Age 65

Mr Andrew Stewart Hunter

secretary · Since 01/05/2024

Mr Alastair James Christopherson

director · Since 01/05/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 28 other boards

Persons with Significant Control

Brown & Brown Retail Holdco (Europe) Limited

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

7th Floor, Corn Exchange, 55 Mark Lane, London, EC3R 7NE

Reg: 09452808 · Companies House · Private Company Limited By Shares

Notified 01/05/2024

Former PSCs

Mr Richard Mark Garratt

Ceased 01/05/2024

Mr John Marshall Grindley

Ceased 01/05/2024

CompanyRankvs 990+ SIC 66220 peers
74

Financial strength76th percentile among SIC peers · 19/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.44× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees13/15 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.

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

Key FinancialsYear ending 31/07/2023

Net Worth

£80k

Balance sheet strength

Cash

£175k

Cash in the bank

Net Current Assets

£96k

Working capital

Current Assets

£314k

Current Liabilities

£217k

Fixed Assets

£4k

Debtors

£138k

6avg. employees

Balance Sheet

Bank loans & overdrafts£20k
Assets less current liabilities£101k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20231.44+£18k
20221.42+£6k
20211.19+£7k
20201.23+£13k
20191.21-£14k
20181.20

Derived from filed accounts. Not audited figures.