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Farmsure Underwriters Limited

04527193

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

5 PARK PLAZA KNIGHTS WAY, SHREWSBURY, SY1 3AF
Incorporated 05/09/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance

Officers

Mr Mark Damian Benger

director · Since 01/09/2009

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 3 other boards

Mr Andrew John Bell

director · Since 28/05/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 2 other boards

Persons with Significant Control

Ceres Group Holdings Limited

75–100% shares
75–100% votes

5 Park Plaza, Knights Way, Shrewsbury, SY1 3AF

Reg: 13425980 · England & Wales · Private Company Limited By Shares

Notified 06/04/2022

Former PSCs

Mr Henry Stuart Benger

Ceased 06/04/2022

Mr Mark Damian Benger

Ceased 06/04/2022

CompanyRankvs 508+ SIC 65120 peers
73

Financial strength71th percentile among SIC peers · 18/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.04× · 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 strength18/25 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 31/12/2024

Net Worth

£162k

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£83k

Working capital

Current Assets

£2.4M

Current Liabilities

£2.4M

Fixed Assets

£139k

Debtors

£1.3M

10avg. employees

Tax at Year End(2018)

Corp tax£9k

Balance Sheet

Bank loans & overdrafts£57k
Assets less current liabilities£222k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.04+£22k
20231.04+£859
20211.17+£37k
20201.06+£40k
20191.02+£23k
20181.00

Derived from filed accounts. Not audited figures.