Launch Insurance Brokers Limited
09238542
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/09/2014
INSURANCE BROKER
BRITISH · ENGLAND · Age 42
Also on 1 other board
secretary · Since 31/08/2016
Persons with Significant Control
Mr Scott Harvey
British · England · Age 42
Suite 6b Portmill House, Portmill Lane, Hitchin, SG5 1DJ
Notified 11/04/2016
CompanyRankvs 605+ SIC 66220 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/09/2025
Net Worth
£208k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£317k
Working capital
Current Assets
£396k
Current Liabilities
£79k
Fixed Assets
£41k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 5.03 | +£47k |
| 2024 | 7.22 | +£87k |
| 2023 | 8.11 | +£16k |
| 2022 | 7.60 | +£4k |
| 2021 | 17.10 | — |
Derived from filed accounts. Not audited figures.