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Read Insurance Brokers Limited

05726897

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

UNIT 3 SPACE BUSINESS CENTRE, WOKINGHAM, RG41 2PQ
Incorporated 02/03/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Nicola Marie Bowen

secretary · Since 22/10/2024

Mr Samuel Charles Bowen

director · Since 22/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Opal Black Insurance Services Limited

75–100% shares

Unit 3 Space Business Centre, Molly Millars Lane, Wokingham, RG41 2PQ

Reg: 14131941 · Companies House Uk · Limited Company

Notified 22/10/2024

Mr Samuel Charles Bowen

Significant control

British · England · Age 48

Unit 3, Space Business Centre, Wokingham, RG41 2PQ

Notified 22/10/2024

Former PSCs

Mr Peter Mark Read

Ceased 22/10/2024

CompanyRankvs 22152+ SIC 74909 peers
59

Financial strength28th percentile among SIC peers · 7/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 6.02× · 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 strength7/25 pts

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

Employees2/15 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 28/02/2025

Net Worth

£20

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£14k

Working capital

Current Assets

£17k

Current Liabilities

£3k

Fixed Assets

£12

Debtors

£14k

0avg. employees-4

Tax at Year End

Corp tax£3k

Balance Sheet

Assets less current liabilities£14k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20256.02
20243.62
20233.10
20222.49
20211.78

Derived from filed accounts. Not audited figures.