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Coversure Midlands Limited

04981212

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

COVERSURE HOUSE, BROMSGROVE, B60 3DR
Incorporated 01/12/2003

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/04/2026

Due 08/05/2027

On track

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Steve Duffy

director · Since 14/06/2005

INSURANCE

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Mr Richard Jon Lunt

director · Since 01/08/2005

INSURANCE

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Richard Lunt

secretary · Since 22/01/2007

INSURANCE

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Rsj Holdings Limited

75–100% shares

Bartlett House, Birmingham Road, Bromsgrove, B61 0DJ

Reg: 11879030 · England · Limited Company

Notified 12/12/2019

Former PSCs

Mr Steve Duffy

Ceased 12/12/2019

Charges0 outstanding

Charge
satisfied

METRO BANK PLC

Created 26/05/2022Registered 26/05/2022Satisfied 08/04/2026
Charge
satisfied

BARCLAYS BANK PLC

Created 22/12/2015Registered 06/01/2016Satisfied 20/05/2022

CompanyRankvs 491+ SIC 66220 peers
80

Financial strength90th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.34× · 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 strength23/25 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.

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

£361k

Balance sheet strength

Cash

£344k

Cash in the bank

Net Current Assets

£139k

Working capital

Current Assets

£549k

Current Liabilities

£410k

Fixed Assets

£222k

Debtors

£205k

47avg. employees-5

Balance Sheet

Intangible assets£202k
Assets less current liabilities£361k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.34+£3k
20231.26+£635
20221.62-£99k
20212.67+£46k
20203.09+£6k
20192.88+£71k
20183.21

Derived from filed accounts. Not audited figures.