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Oilfield Offshore Underwriting Limited

07415423

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

40 LIME STREET, LONDON, EC3M 7AW
Incorporated 21/10/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Paul Kevin Munday

director · Since 21/10/2010

INSURANCE UNDERWRITER

BRITISH · ENGLAND · Age 67

Mr Alan Smith

director · Since 21/10/2010

INSURANCE UNDERWRITER

BRITISH · ENGLAND · Age 63

Also on 5 other boards

Mr Benjamin Tyson Holborow

director · Since 15/03/2012

INSURANCE UNDERWRITER

BRITISH · ENGLAND · Age 52

Mrs Arti Varsani

secretary · Since 01/07/2024

Persons with Significant Control

Mr Paul Kevin Munday

25–50% shares
25–50% votes

British · United Kingdom · Age 67

40, Lime Street, London, EC3M 7AW

Notified 06/04/2016

Oilfield Insurance Agencies Limited

25–50% shares

20-22 Bedford Row, Bedford Row, London, WC1R 4JS

Reg: 04544031 · Companies House · Limited Company

Notified 06/04/2016

CompanyRankvs 682+ SIC 66220 peers
78

Financial strength55th percentile among SIC peers · 14/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.13× · 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 strength14/25 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.

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 30/06/2025

Net Worth

£11k

Balance sheet strength

Cash

£12.3M

Cash in the bank

Net Current Assets

£12.4M

Working capital

Current Assets

£23.4M

Current Liabilities

£11.0M

Fixed Assets

£16k

Debtors

£11.2M

12avg. employees

Tax at Year End

Corp tax£122k

People Costs(2021)

Wages & salaries£718k
NI contributions£89k

Balance Sheet

Assets less current liabilities£12.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.13+£0
20252.13+£0
20241.30+£0
20231.34+£0
20221.29+£0
20211.27

Derived from filed accounts. Not audited figures.