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Advent Insurance Management Limited

09431993

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

27-29 TOWNFIELD STREET, CHELMSFORD, CM1 1QL
Incorporated 10/02/2015

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/08/2025

Due 02/09/2026

On track

Industry

62012
Business and domestic software development
65120
Non-life insurance
65202
Non-life reinsurance
66220
Activities of insurance agents and brokers

Officers

Mr Paul Joseph Bermingham

director · Since 10/02/2015

DIRECTOR

IRISH · ENGLAND · Age 58

Mr Piet Middelkoop

director · Since 16/10/2017

DIRECTOR

DUTCH · NETHERLANDS · Age 60

Mr Barry Peter Milchem

director · Since 25/01/2018

CHAIRMAN

BRITISH · ENGLAND · Age 64

Also on 2 other boards

Mr Phillip Keith Scarrett

director · Since 08/12/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 2 other boards

Mr Thomas Hardman Mcarthur

director · Since 30/10/2024

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 32

Persons with Significant Control

Mr Paul Joseph Bermingham

50–75% votes

Irish · England · Age 58

191, Jeavons Lane, Cambridge, CB23 5FA

Notified 06/04/2016

Van Ameyde Uk Holding Limited

75–100% shares
25–50% votes

34, The Mall, Bromley, BR1 1TS

Reg: 02998842 · Companies House · Private Limited Company

Notified 10/12/2020

Former PSCs

Mr Jeremy Hardman Mcarthur

Ceased 03/04/2019

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/05/2020Registered 27/05/2020

CompanyRankvs 31567+ SIC 62012 peers
37

Financial strength1th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

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.

Longevity11/15 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 31/12/2024

Net Worth

-£1.2M

Balance sheet strength

Cash

£902k

Cash in the bank

Net Current Assets

-£327k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.7M

Fixed Assets

£896k

Debtors

£391k

18avg. employees-2

Tax at Year End

VAT£177k

Balance Sheet

Intangible assets£889k
Assets less current liabilities£569k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.81-£1.2M£3.5M
20230.98-£627k£6.5M
20220.97-£1.2M
20210.97+£312k
20200.92+£892k
20191.10+£257k
20180.99

Derived from filed accounts. Not audited figures.