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Third Party Liability Limited

08987330

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

C/O DFM ASSOCIATES, MAIDENHEAD, SL6 7QU
Incorporated 09/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance
66220
Activities of insurance agents and brokers

Officers

Mr Timothy Wakelin

director · Since 09/04/2014

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 5 other boards

Persons with Significant Control

Mr Timothy Wakelin

50–75% shares
50–75% votes

British · England · Age 58

C/O Dfm Associates, One St Peters Road, Maidenhead, SL6 7QU

Notified 30/06/2016

CompanyRankvs 1677+ SIC 65120 peers
42

Financial strength6th percentile among SIC peers · 2/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.62× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/03/2025

Net Worth

-£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£12k

Current Liabilities

£20k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities-£6k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.62+£0
20250.62-£12k
202424.15+£3k
2023-£33
2022+£2k
20210.41
20200.32
20191.01

Derived from filed accounts. Not audited figures.