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Shape Underwriting Limited

09610168

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)

Details

1 GREAT TOWER STREET, LONDON, EC3R 5AA
Incorporated 27/05/2015

Compliance

Last accounts

31/10/2024

small

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 22/03/2026

Due 05/04/2027

On track

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Paul Adams

director · Since 01/07/2015

UNDERWRITING DIRECTOR

BRITISH · ENGLAND · Age 51

Jitendra Patel

secretary · Since 31/07/2023

Mr Michael David Simon Edgeley

director · Since 31/07/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 70 other boards

Mr Timothy John Money

director · Since 31/07/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 74 other boards

Mrs Mandy Hunt

director · Since 01/06/2024

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Persons with Significant Control

Clear Group (Holdings) Limited

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

1, Great Tower Street, London, EC3R 5AA

Reg: 04519291 · Companies House · Private Limited Company

Notified 31/07/2023

Former PSCs

Mr Paul Adams

Ceased 31/07/2023

Mrs Karen Adams

Ceased 31/07/2023

CompanyRankvs 15860+ SIC 66220 peers
69

Financial strength33th percentile among SIC peers · 8/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.88× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength8/25 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.

Liquidity20/20 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.

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

Key FinancialsYear ending 31/03/2023

Net Worth

£191

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.0M

Current Liabilities

£334k

Fixed Assets

£25k

Debtors

£750k

20avg. employees+3

Balance Sheet

Assets less current liabilities£1.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20235.88
20226.35
20215.33
20204.59
20194.66

Derived from filed accounts. Not audited figures.