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Yachtinsure Limited

06779208

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

33 CREECHURCH LANE, LONDON, EC3A 5EB
Incorporated 23/12/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance

Officers

Mr Mark Alistair Birkett

director · Since 17/08/2009

INSURANCE BROKER

BRITISH · ENGLAND · Age 62

Also on 7 other boards

Mr Stuart James Markley

director · Since 11/04/2024

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 67

Also on 2 other boards

Persons with Significant Control

International Risk Solutions Limited

75–100% shares

33, Creechurch Lane, London, EC3A 5EB

Reg: 3978143 · England And Wales · Limited Company

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

COUTTS & COMPANY

Created 15/10/2012Registered 16/10/2012Satisfied 29/08/2017

CompanyRankvs 1125+ SIC 65120 peers
52

Financial strength28th percentile among SIC peers · 7/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.91× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1125Yachtinsure Limited
58
How is this score calculated?
Financial strength7/25 pts

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

Employees9/15 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.

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

When assessing the Company's ability to continue trading as a going concern the directors have reviewed the cash flows of the Company for the period to 31st December 2026. The review encapsulated cash flows and working capital requirements as known at the date of this report

Key FinancialsYear ending 31/03/2025

Turnover

£713k

Annual revenue

Net Worth

£200

Balance sheet strength

Cash

£10k

Cash in the bank

Profit Before Tax

£55k

Bottom line earnings

Net Current Assets

£272k

Working capital

Current Assets

£571k

Current Liabilities

£299k

Fixed Assets

£3k

Debtors

£560k

Admin Expenses

£657k

Profit After Tax

£63k

3avg. employees-1

Tax at Year End(2020)

Corp tax£76k
Dividends paid£60k

Balance Sheet

Assets less current liabilities£275k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.91
20243.12
202333.86
20222.28
202128.27
20208.27

Derived from filed accounts. Not audited figures.