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Benefitsconnect Ltd

09022992

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

THE OLD GARAGE 21 HEOL CHAPPELL, CARDIFF, CF14 2DB
Incorporated 02/05/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65110
Life insurance

Officers

Mr Timothy Richard Harrop-Griffiths

director · Since 02/05/2014

DIRECTOR

BRITISH · WALES · Age 58

Also on 3 other boards

Mr Meurig Glyndwr Phillips

director · Since 02/05/2014

DIRECTOR

WELSH · WALES · Age 63

Also on 2 other boards

Persons with Significant Control

Mr Tim Harrop-Griffiths

25–50% shares

British · Wales · Age 58

The Old Garage, 21 Heol Chappell, Cardiff, CF14 2DB

Notified 06/04/2016

Mr Meurig Glyndwr Phillips

25–50% shares

Welsh · Wales · Age 63

39, Herbert March Close, Cardiff, CF5 2TD

Notified 06/04/2016

CompanyRankvs 1034+ SIC 65110 peers
41

Financial strength2th percentile among SIC peers · 1/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.13× · 2/20
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 strength1/25 pts

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

Employees11/15 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.

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 31/07/2024

Net Worth

-£65k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£66k

Working capital

Current Assets

£10k

Current Liabilities

£76k

Fixed Assets

£865

3avg. employees

Balance Sheet

Assets less current liabilities-£65k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.13-£17k
20230.09-£14k
20220.05-£842
20210.00-£14k
20200.45-£16k
20190.05+£4k
20180.29

Derived from filed accounts. Not audited figures.