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Squaretrade Limited

07165194

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

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

Details

C/O FIELDFISHER RIVERBANK HOUSE, LONDON, EC4R 3TT
Incorporated 23/02/2010

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/02/2026

Due 09/03/2027

On track

Industry

65120
Non-life insurance

Officers

Mr Kevin Christopher Gillan

director · Since 12/06/2013

MANAGING DIRECTOR, EUROPE

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Ms. Deborah Ann Holmgren

secretary · Since 15/01/2021

Mr Alastair Douglas

director · Since 21/01/2021

CFO

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

The Allstate Corporation

75–100% shares
75–100% votes
Appoint directors

2775, Sanders Road, Northbrook, 60062

Reg: 36-3871531 · Us Internal Revenue Service · For Profit Corporation

Notified 03/01/2017

Former PSCs

Squaretrade Inc

Ceased 03/01/2017

CompanyRankvs 158+ SIC 65120 peers
76

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.55× · 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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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£76.3M

Annual revenue

Net Worth

£17.3M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Profit Before Tax

£989k

Bottom line earnings

Net Current Assets

£17.2M

Working capital

Current Assets

£48.6M

Current Liabilities

£31.4M

Fixed Assets

£125k

Cost of Sales

£16.4M

Gross Profit

£59.9M

Admin Expenses

£45.5M

Operating Profit

£985k

Profit After Tax

-£184k

74avg. employees+16

Tax at Year End

Corp tax£73k

People Costs

Wages & salaries£11.3M
NI contributions£1.5M

Balance Sheet

Assets less current liabilities£17.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.55-£184k
20231.78-£2.1M
20212.03+£915k
20201.68+£6.8M
20191.47

Derived from filed accounts. Not audited figures.