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Ancile Insurance Group Ltd.

05429313

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

3RD FLOOR, LONDON, SW7 4AG
Incorporated 19/04/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance

Officers

Mr Christopher Payne

director · Since 01/10/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 3 other boards

Mr Simon Mark Trott

secretary · Since 02/04/2024

Also on 2 other boards

Mr Simon Mark Trott

director · Since 02/04/2024

CHIEF EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Persons with Significant Control

Ancile Group Holdings Limited

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

3rd Floor, 114a Cromwell Road, London, SW7 4AG

Reg: 12575330 · Companies House · Limited By Shares

Notified 18/05/2020

Former PSCs

Mr Christopher Payne

Ceased 18/05/2020

Mr Graham Robert Linney

Ceased 18/05/2020

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/05/2020Registered 21/05/2020
charge
satisfied

CLYDESDALE BANK PLC

Created 12/09/2007Registered 19/09/2007Satisfied 15/06/2012

CompanyRankvs 259+ SIC 65120 peers
69

Financial strength92th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.37× · 12/20
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 strength23/25 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.

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.

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

£1.2M

Balance sheet strength

Cash

£5.5M

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£6.2M

Current Liabilities

£4.5M

Fixed Assets

£175k

Debtors

£705k

26avg. employees

Tax at Year End

Corp tax£176k

Balance Sheet

Intangible assets£149k
Assets less current liabilities£1.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.37+£443k
20231.47+£1.0M
20221.24+£27k
20211.29-£211k
20204.51-£660k
20191.21+£42k
20181.22+£67k
20161.11

Derived from filed accounts. Not audited figures.