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Americover Limited

08550086

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

5 CHURCHWELL AVENUE, COLCHESTER, CO5 9HN
Incorporated 30/05/2013

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/05/2025

Due 13/06/2026

On track

Industry

65120
Non-life insurance

Officers

Mr Nicholas Beresford Readings

director · Since 30/05/2013

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 46 other boards

Mr Timothy Lee Wahl

director · Since 30/01/2014

INSURANCE BROKER

AMERICAN · UNITED STATES · Age 72

Ms Lourene Lopez

secretary · Since 06/09/2022

Persons with Significant Control

Mr Timothy Lee Wahl

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

American · United States · Age 72

5, Churchwell Avenue, Colchester, CO5 9HN

Notified 06/04/2016

CompanyRankvs 1436+ SIC 65120 peers
48

Financial strength50th percentile among SIC peers · 13/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0× · 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 strength13/25 pts

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

Employees5/15 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

£23k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£43k

Working capital

Current Assets

£203

Current Liabilities

£43k

Fixed Assets

£20k

1avg. employees

Balance Sheet

Assets less current liabilities£23k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00+£0
20230.00+£0
20220.00+£0
20210.00+£0
20200.46+£360
20190.47+£1k
20180.00

Derived from filed accounts. Not audited figures.