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Dynamo Cover Limited

08761022

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

C/O AZETS, TY DERW LIME TREE COURT, CARDIFF, CF23 8AB
Incorporated 04/11/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance

Officers

Mr Alexander William Mills

director · Since 04/11/2013

COMPANY DIRECTOR

BRITISH · WALES · Age 36

Mr Stephen David Jenkins Bsc Econ Hons

director · Since 06/12/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 17 other boards

Persons with Significant Control

Mr Alexander William Mills

25–50% shares
25–50% votes

British · Wales · Age 36

C/O Azets, Ty Derw, Lime Tree Court, Cardiff, CF23 8AB

Notified 26/07/2016

Mr Stephen David Jenkins

25–50% shares
25–50% votes

British · United Kingdom · Age 61

C/O Azets, Ty Derw, Lime Tree Court, Cardiff, CF23 8AB

Notified 05/05/2017

Charges1 outstanding

Charge
outstanding

NUCLEUS CASH FLOW FINANCE2 LIMITED

Created 23/08/2024Registered 09/09/2024

CompanyRankvs 1376+ SIC 65120 peers
45

Financial strength74th percentile among SIC peers · 19/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1376Dynamo Cover Limited
50
How is this score calculated?
Financial strength19/25 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.

Liquidity6/20 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.

Risk deductions

Outstanding charges: -10 pts

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

£206k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

-£226k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.4M

Fixed Assets

£937k

Debtors

£1.1M

0avg. employees

Tax at Year End

Corp tax£105k

Balance Sheet

Intangible assets£926k
Assets less current liabilities£710k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.83+£0
20250.83-£144k
20240.89+£124k
20230.78+£154k
20220.62+£40k
20211.02-£22k
20201.06-£26k
20191.23—

Derived from filed accounts. Not audited figures.