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Sat-Insure Limited

06004349

active
ltd
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

168 Church Road, Hove, BN3 2DL
Incorporated 21/11/2006

Previously known as

Sat-Insure Plc · until 22/12/2011
Sat-Insure Ltd · until 22/07/2009
Satinsure Ltd · until 11/03/2009
Underwood Holdings 123 Limited · until 29/04/2008

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/11/2025

Due 28/11/2026

On track

Industry

82990
Other business support service activities

Officers

Mr Richard John Underwood

director · Since 21/11/2006

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 4 other boards

Mr Mark Underwood

director · Since 12/10/2010

NONE

BRITISH · ENGLAND · Age 64

Also on 1 other board

Mr Richard John Underwood

secretary · Since 04/11/2014

Also on 4 other boards

Richard John Underwood

director · Since 21/11/2006

British · England · Age 72

Mark Underwood

director · Since 12/10/2010

British · England · Age 64

Richard John Underwood

secretary · Since 04/11/2014

Former

Yvonne Underwood

secretary · Resigned 09/07/2009

Charles Harmon Tompkins

director · Resigned 19/08/2010

Ian Barnes Menzies

secretary · Resigned 19/08/2010

Marc Keable

director · Resigned 22/11/2013

Vikas Tandon

secretary · Resigned 22/11/2013

Persons with Significant Control

Insure It Direct Holdings Ltd

75–100% shares
75–100% votes

Optical House, The Avenue, Northampton, NN1 5BT

Reg: 10686307 · England & Wales · Limited Company

Notified 22/11/2023

Former PSCs

Mr Richard John Underwood

Ceased 22/11/2023

Charges1 outstanding

charge
outstanding

SANTANDER UK PLC (AS SECURITY TRUSTEE)

Created 31/10/2012Registered 06/11/2012

Change History

statusactive
2026-07-11

Active

typeltd
2026-07-11

Private Limited Company

address line1168 Church Road
2026-07-11

OPTICAL HOUSE THE AVENUE

post townHove
2026-07-11

NORTHAMPTON

postcodeBN3 2DL
2026-07-11

NN1 5BT

CompanyRankvs 2637+ SIC 82990 peers
67

Financial strength92th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.29× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors. Judgements and key source

Key FinancialsYear ending 31/12/2024

Net Worth

£377k

Balance sheet strength

Cash

£83k

Cash in the bank

Net Current Assets

£376k

Working capital

Current Assets

£667k

Current Liabilities

£291k

Fixed Assets

£7k

Debtors

£584k

5avg. employees-1

Tax at Year End

Corp tax£31k

Balance Sheet

Assets less current liabilities£383k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20242.29+£33k
20232.37

Derived from filed accounts. Not audited figures.