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Needham Commercial Insurance Services Limited

06456189

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

18 ARBURY ROAD, NUNEATON, CV10 7NA
Incorporated 18/12/2007

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 18/12/2025

Due 01/01/2027

On track

Industry

64209
Activities of other holding companies

Officers

Karen Lowe

secretary · Since 18/12/2007

STUDENT

BRITISH · Age 55

Also on 1 other board

Ataraxia 9 Limited

director · Since 04/03/2022

Also on 1 other board

Stacey Ellen Hulse

director · Since 25/06/2026

BRITISH · ENGLAND · Age 37

Former

Mr Neal Michael Lowe

director · Resigned 25/06/2026

Persons with Significant Control

Ataraxia 9 Limited

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

Venture House, St. Leonards Road, Maidstone, ME16 0LS

Reg: 13534059 · Companies House · Private Company Limited By Shares

Notified 04/03/2022

Former PSCs

Mr Neal Michael Lowe

Ceased 16/11/2022

CompanyRankvs 42502+ SIC 64209 peers
24

Financial strength2th percentile among SIC peers · 1/25
Employees18th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees3/15 pts

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

Liquidity0/20 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

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

Going Concern Doubt

Needham Commercial Insurance Services Limited (Registered number: 06456189) Notes to the Financial Statements - continued for the Year Ended 31 December 2024 2. ACCOUNTING POLICIES - continued Going concern The directors assess whether the use of going concern is appropriate, i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on

Key FinancialsYear ending 31/12/2024

Net Worth

-£793k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2.5M

Working capital

Current Assets

Current Liabilities

£2.5M

Fixed Assets

£1.7M

Debtors

£26

0avg. employees

Balance Sheet

Intangible assets£1.7M
Assets less current liabilities-£793k
Prepared with IRIS Accounts Production

EstimatesDerived

YearImplied Profit
2024-£442k

Derived from filed accounts. Not audited figures.