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Cubit Insurance Limited

06831694

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

SIMPLEX HOUSE, DAGENHAM, RM8 1RX
Incorporated 27/02/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance

Officers

Mr Khabbab Qayyum Mehr

director · Since 27/02/2009

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 5 other boards

Persons with Significant Control

Mr Khabbab Qayyum Mehr

50–75% shares
50–75% votes

British · England · Age 45

Simplex House, Freshwater Road, Dagenham, RM8 1RX

Notified 06/04/2016

City Group Inter-Rent Limited

25–50% shares
25–50% votes

14th Floor, 33, Cavendish Square, London, W1G 0PW

Reg: 03817201 · England · Private Company Limited By Shares

Notified 21/09/2022

Former PSCs

Mr Sheran Shafiq

Ceased 08/07/2024

CompanyRankvs 186+ SIC 65120 peers
81

Financial strength83th percentile among SIC peers · 21/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.17× · 20/20
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 strength21/25 pts

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

Employees10/15 pts

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

Liquidity20/20 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 28/02/2025

Net Worth

£407k

Balance sheet strength

Cash

£59k

Cash in the bank

Net Current Assets

£184k

Working capital

Current Assets

£341k

Current Liabilities

£157k

Fixed Assets

£255k

Debtors

£281k

4avg. employees+4

Tax at Year End(2019)

Dividends paid£25k

Balance Sheet

Assets less current liabilities£439k

EstimatesDerived

YearCurrent RatioImplied Profit
20252.17+£254k
2024-£5k
2023+£136k
202268.00-£145k
20213.25+£30k
20202.03+£114k
2019327.37

Derived from filed accounts. Not audited figures.