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Bailey Financial Limited

05108747

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

5 LUKE STREET, EC2A 4PX
Incorporated 22/04/2004

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 31/03/2026

Due 14/04/2027

On track

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Robert John Bailey

director · Since 22/04/2004

INSURANCE

BRITISH · UNITED KINGDOM · Age 66

Also on 5 other boards

Helen Louise Lindsay

secretary · Since 15/10/2004

BRITISH · Age 64

Also on 5 other boards

Ms Helen Louise Lindsay

director · Since 16/01/2026

BRITISH · UNITED KINGDOM · Age 64

Persons with Significant Control

Mr Robert John Bailey

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

British · United Kingdom · Age 66

5 Luke Street, EC2A 4PX

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 21/03/2018Registered 21/03/2018
Charge
outstanding

BARCLAYS BANK PLC

Created 20/11/2017Registered 29/11/2017

CompanyRankvs 3738+ SIC 66220 peers
41

Financial strength3th percentile among SIC peers · 1/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

Outstanding charges: -10 pts

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

-£54k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£143k

Working capital

Current Assets

£377k

Current Liabilities

£520k

Fixed Assets

£407k

Debtors

£377k

13avg. employees+1

Balance Sheet

Assets less current liabilities£264k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.72+£5k
20230.71-£68k
20220.54-£39k
20210.35+£36k
20200.32-£6k
2019-£51k

Derived from filed accounts. Not audited figures.