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Destiny Finance Ltd

09682276

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

BROMSGROVE BUSINESS CENTRE, BROMSGROVE, B61 0EU
Incorporated 13/07/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65110
Life insurance
65120
Non-life insurance
66220
Activities of insurance agents and brokers

Officers

Dr Sibert Mandega

secretary · Since 13/07/2015

Also on 1 other board

Mr Jefta Madzingo

director · Since 13/07/2015

IFA

BRITISH · UNITED KINGDOM · Age 55

Also on 7 other boards

Dr Sibert Mandega

director · Since 13/07/2015

CFA

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Persons with Significant Control

Mr Jefta Madzingo

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 55

Bromsgrove Business Centre, 3 Grosvenor Gardens, Bromsgrove, B61 0EU

Notified 01/07/2016

Dr Sibert Mandega

25–50% shares
25–50% votes
Appoint directors

Zimbabwean · England · Age 51

Bromsgrove Business Centre, 3 Grosvenor Gardens, Bromsgrove, B61 0EU

Notified 21/04/2021

Charges0 outstanding

Charge
satisfied

ALLICA BANK LIMITED

Created 06/09/2024Registered 10/09/2024Satisfied 17/03/2026

CompanyRankvs 465+ SIC 65110 peers
70

Financial strength95th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.81× · 6/20
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 strength24/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 30/06/2025

Net Worth

£869k

Balance sheet strength

Cash

£274k

Cash in the bank

Net Current Assets

-£212k

Working capital

Current Assets

£910k

Current Liabilities

£1.1M

Fixed Assets

£1.2M

Debtors

£636k

16avg. employees

Balance Sheet

Assets less current liabilities£989k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.81+£0
20250.81+£321k
20240.43+£133k
20230.17+£152k
20220.57+£59k
20210.46

Derived from filed accounts. Not audited figures.