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Heritage Insurance Brokers (Wton) Limited

06622211

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

44 QUEEN STREET, WOLVERHAMPTON, WV1 3BJ
Incorporated 17/06/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance

Officers

Mr Madan Chalotra

secretary · Since 17/06/2008

BRITISH · UNITED KINGDOM · Age 67

Also on 11 other boards

Mr Madan Chalotra

director · Since 17/06/2008

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 11 other boards

Mr Fatehkumar Patel

director · Since 17/06/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

Persons with Significant Control

Mr Madan Chalotra

75–100% shares

British · England · Age 67

44, Queen Street, Wolverhampton, WV1 3BJ

Notified 06/04/2016

CompanyRankvs 687+ SIC 65120 peers
69

Financial strength64th percentile among SIC peers · 16/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.29× · 12/20
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 strength16/25 pts

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

Employees11/15 pts

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

Liquidity12/20 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 30/06/2025

Net Worth

£79k

Balance sheet strength

Cash

£156k

Cash in the bank

Net Current Assets

£67k

Working capital

Current Assets

£297k

Current Liabilities

£230k

Fixed Assets

£18k

Debtors

£140k

6avg. employees

Balance Sheet

Intangible assets£13k
Assets less current liabilities£85k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.29+£0
20251.29-£36k
20241.47+£498
20231.50+£42k
20221.55-£17k
20211.77+£23k
20201.90+£21k
20191.40+£8k
20181.30

Derived from filed accounts. Not audited figures.