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Towan Insurance Brokers Limited

06777733

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

MOR WORKSPACE, NEWQUAY, TR7 2FP
Incorporated 21/12/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance
66220
Activities of insurance agents and brokers

Officers

Elaine-Marie Ball

secretary · Since 21/12/2008

Mr Shane Carl Ball

director · Since 21/12/2008

COMPANY DIRECTOR

BRITISH · SCOTLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Shane Carl Ball

75–100% shares
75–100% votes

British · England · Age 52

Mor Workspace, Treloggan Lane, Newquay, TR7 2FP

Notified 06/04/2016

CompanyRankvs 1287+ SIC 65120 peers
57

Financial strength37th percentile among SIC peers · 9/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.94× · 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 strength9/25 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.

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 30/04/2025

Net Worth

£3k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

£30k

Current Liabilities

£16k

Fixed Assets

£1k

Debtors

£15k

0avg. employees-1

Balance Sheet

Assets less current liabilities£16k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.94+£1k
20242.97+£10k
20231.76-£10k
20222.49
20211.04

Derived from filed accounts. Not audited figures.