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Brokers Incorporated Limited

08291107

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

JUPITER HOUSE, BASILDON, SS14 3HX
Incorporated 13/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Michael David Smith

director · Since 13/11/2012

NETWORK

BRITISH · ENGLAND · Age 60

Mr Ben Reynolds

director · Since 09/09/2025

BRITISH · UNITED KINGDOM · Age 31

Persons with Significant Control

Mr Michael David Smith

75–100% shares
75–100% votes

British · England · Age 60

Jupiter House, Paycocke Road, Basildon, SS14 3HX

Notified 06/04/2016

CompanyRankvs 2206+ SIC 66220 peers
53

Financial strength2th percentile among SIC peers · 1/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 38.46× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 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.

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

-£93k

Balance sheet strength

Cash

£85k

Cash in the bank

Net Current Assets

£130k

Working capital

Current Assets

£134k

Current Liabilities

£3k

Debtors

£49k

7avg. employees+2

Director Loans

Company owes directors£223k

Balance Sheet

Assets less current liabilities£130k
Signed by Mr Michael Smith 03/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202438.46+£55k
20238.85+£5k
20220.34+£8k
202113.54-£105k
202145.30—

Derived from filed accounts. Not audited figures.