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Avid Corporate Limited

08334629

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

NO 2 SILKWOOD OFFICE PARK, WAKEFIELD, WT5 9TJ
Incorporated 18/12/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance

Officers

Mr Gary Jack Edmondson

director · Since 18/12/2012

UNDERWRITTER

BRITISH · CANADA · Age 55

Mr Stephen Peter Gibson

director · Since 18/12/2012

UNDERWRITTER

BRITISH · ENGLAND · Age 57

Also on 7 other boards

Persons with Significant Control

Mr Stephen Peter Gibson

25–50% shares

British · England · Age 57

No 2 Silkwood Office Park, Fryers Way, Wakefield, WT5 9TJ

Notified 06/04/2016

Mr Gary Jack Edmondson

25–50% shares

British · Canada · Age 55

No 2 Silkwood Office Park, Fryers Way, Wakefield, WT5 9TJ

Notified 06/04/2016

CompanyRankvs 1592+ SIC 65120 peers
41

Financial strength14th percentile among SIC peers · 4/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees7/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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

Net Worth

£2

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

-£39k

Working capital

Current Assets

£35k

Current Liabilities

£74k

Debtors

£10k

2avg. employees

Tax at Year End(2018)

Corp tax£48k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48
20231.13
2022783.83
2021300.55
2020154.64
201995.28-£5k
201867.60

Derived from filed accounts. Not audited figures.