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Xyz Insurance Services Ltd

06776224

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

67 NEWLAND STREET, WITHAM, CM8 1AA
Incorporated 18/12/2008

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 07/12/2025

Due 21/12/2026

On track

Industry

65120
Non-life insurance

Officers

Mr Philip Corsan

director · Since 18/12/2008

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mr Philip Corsan

75–100% shares
75–100% votes

British · England · Age 49

C/O Wilson Devenish, Newland Street, Witham, CM8 1AA

Notified 30/06/2016

Former PSCs

Mrs Lisa Clark

Ceased 18/12/2018

CompanyRankvs 293+ SIC 65120 peers
82

Financial strength87th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2× · 16/20
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 strength22/25 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.

Liquidity16/20 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 31/12/2024

Net Worth

£567k

Balance sheet strength

Cash

£887k

Cash in the bank

Net Current Assets

£488k

Working capital

Current Assets

£978k

Current Liabilities

£490k

Fixed Assets

£92k

Debtors

£91k

19avg. employees+1

Balance Sheet

Assets less current liabilities£581k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.00+£106k
20232.06+£94k
20222.11+£58k
20212.18

Derived from filed accounts. Not audited figures.