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Cuvva Limited

08907985

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)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

4TH FLOOR OLD SESSIONS HOUSE, LONDON, EC1R 0NA
Incorporated 24/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Charles Frederick Macnamara

director · Since 24/02/2014

DIRECTOR

BRITISH · ENGLAND · Age 37

Mr Owen Remus Brett

director · Since 06/08/2019

VENTURE CAPITAL

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Mr Bruce Neil Carnegie-Brown

director · Since 22/11/2019

CHAIRMAN

BRITISH · UNITED KINGDOM · Age 66

Also on 3 other boards

Mr Benoit Marrel

director · Since 09/12/2019

VENTURE CAPITAL

FRENCH · ENGLAND · Age 45

Also on 1 other board

Bird & Bird Company Secretaries Limited

secretary · Since 20/01/2020

BRITISH

Also on 293 other boards

Persons with Significant Control

The Cuvva Group Limited

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

4th Floor, Old Sessions House, London, EC1R 0NA

Reg: 13496602 · Companies House · Private Limited Company

Notified 03/11/2021

Former PSCs

Mr Charles Frederick Macnamara

Ceased 03/11/2021

CompanyRankvs 1743+ SIC 66220 peers
57

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity0/20 pts

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

Longevity12/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 28/02/2021

Turnover

£7.8M

Annual revenue

Net Worth

£8.9M

Balance sheet strength

Cash

£9.6M

Cash in the bank

Profit Before Tax

-£3.2M

Bottom line earnings

Net Current Assets

£8.6M

Working capital

Current Assets

Current Liabilities

£3.2M

Fixed Assets

£378k

Debtors

£2.1M

Cost of Sales

£762k

Gross Profit

£7.0M

Admin Expenses

£10.3M

Operating Profit

-£3.2M

Profit After Tax

-£2.2M

93avg. employees+29

People Costs

Wages & salaries£5.1M
NI contributions£597k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2021-£2.0M
202017.23

Derived from filed accounts. Not audited figures.