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Credo Claims Limited

08238752

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

KEMPTON HOUSE, GRANTHAM, NG31 7FZ
Incorporated 03/10/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66190
Other activities auxiliary to financial services

Officers

Mr Paul Cyril Merritt

director · Since 22/07/2021

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 4 other boards

Mrs Halina Briggs

secretary · Since 15/01/2026

Persons with Significant Control

Magical Numbers Uk Limited

25–50% shares

71, Queen Victoria Street, London, EC4V 4BE

Reg: 08507184 · England & Wales Companies Registry · Private Company Limited By Shares

Notified 30/06/2016

Magical Numbers Uk Limited

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

71, Queen Victoria Street, London, EC4V 4BE

Reg: 2690067 · Companies · Company Limted By Shares

Notified 27/10/2017

Former PSCs

Miss Kathryn Emma Thomson

Ceased 02/11/2017

CompanyRankvs 977+ SIC 66190 peers
75

Financial strength95th percentile among SIC peers · 24/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 8.1× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

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.

Longevity14/15 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 31/12/2024

Turnover

£4k

Annual revenue

Net Worth

£919k

Balance sheet strength

Cash

£422

Cash in the bank

Profit Before Tax

£52k

Bottom line earnings

Net Current Assets

£938k

Working capital

Current Assets

£1.1M

Current Liabilities

£132k

Debtors

£1.1M

Gross Profit

£4k

Admin Expenses

-£18k

Operating Profit

£23k

Profit After Tax

£17k

0avg. employees

Balance Sheet

Assets less current liabilities£938k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20248.10+£2.0M
20238.72

Derived from filed accounts. Not audited figures.