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Abacus Assurance Financial Services Limited

05719712

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

VENTA HOUSE, NEWPORT, NP20 2NS
Incorporated 23/02/2006

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 25/06/2026

Due 09/07/2027

On track

Industry

65110
Life insurance
65120
Non-life insurance
65201
Life reinsurance
65202
Non-life reinsurance

Officers

Philip Salmon Vaughan

director · Since 23/02/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 73

Caroline Winifred Vaughan

director · Since 23/02/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Esquare Ltd

secretary · Since 30/09/2009

BRITISH

Also on 63 other boards

Persons with Significant Control

Abacus Afs Holdings Ltd

75–100% shares

7, Herbert Terrace, Penarth, CF64 2AH

Reg: 16499629 · Registrar Of Companies For England And Wales · Limited

Notified 25/06/2025

Former PSCs

Mr Philip Vaughan

Ceased 11/01/2024

Mrs Caroline Vaughan

Ceased 11/01/2024

Vaughan Holdings (Porthcawl) Ltd

Ceased 25/06/2025

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 03/01/2019Registered 04/01/2019Satisfied 03/02/2022
Charge
satisfied

LLOYDS BANK PLC

Created 07/11/2018Registered 07/11/2018Satisfied 03/02/2022

CompanyRankvs 82+ SIC 65110 peers
85

Financial strength91th percentile among SIC peers · 23/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 7.96× · 20/20
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.

Employees12/15 pts

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

Liquidity20/20 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 31/05/2025

Net Worth

£434k

Balance sheet strength

Cash

£87k

Cash in the bank

Net Current Assets

£369k

Working capital

Current Assets

£422k

Current Liabilities

£53k

Fixed Assets

£65k

4avg. employees+3
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20257.96-£4k
20244.52+£138k
20234.14

Derived from filed accounts. Not audited figures.