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Avsons Financial Limited

05506409

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

1 MIDFIELD WAY, KENT, BR5 2QH
Incorporated 12/07/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Miten Patel

secretary · Since 12/07/2005

BRITISH

Mr Miten Patel

director · Since 29/08/2025

DIRECTOR

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Miten Patel

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

British · England · Age 41

1 Midfield Way, Kent, BR5 2QH

Notified 29/08/2025

Former PSCs

Mr Ashok Patel

Ceased 29/08/2025

CompanyRankvs 3548+ SIC 66220 peers
53

Financial strength48th percentile among SIC peers · 12/25
Employees30th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.99× · 6/20
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 strength12/25 pts

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

Employees5/15 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.

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

£5k

Balance sheet strength

Cash

£64k

Cash in the bank

Net Current Assets

-£458

Working capital

Current Assets

£65k

Current Liabilities

£65k

Fixed Assets

£5k

Debtors

£865

1avg. employees

Tax at Year End

Corp tax£15k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99-£7k
20231.10-£2k
20211.26
20200.90
20190.96+£353
20180.95

Derived from filed accounts. Not audited figures.