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Tsg Assurance Holdings Limited

09989416

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

124 FINCHLEY ROAD, LONDON, NW3 5JS
Incorporated 05/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Mark Watson

director · Since 05/02/2016

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 3 other boards

Matthew Robson

director · Since 05/02/2016

CONSULTANT

BRITISH · UNITED KINGDOM · Age 52

Also on 3 other boards

Persons with Significant Control

Mr Mark Watson

25–50% shares
25–50% votes

British · United Kingdom · Age 71

124, Finchley Road, London, NW3 5JS

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LTD

Created 26/01/2024Registered 29/01/2024
Charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 23/10/2017Registered 23/10/2017
Charge
satisfied

IGF INVOICE FINANCE LIMITED

Created 02/06/2016Registered 06/06/2016Satisfied 28/03/2018

CompanyRankvs 33061+ SIC 62020 peers
57

Financial strength100th percentile among SIC peers · 25/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.66× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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.

Longevity10/15 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

£3.6M

Balance sheet strength

Cash

£121

Cash in the bank

Net Current Assets

-£131k

Working capital

Current Assets

£253k

Current Liabilities

£384k

Fixed Assets

£3.9M

Debtors

£253k

2avg. employees

Tax at Year End

Corp tax£28k

Balance Sheet

Assets less current liabilities£3.8M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.66+£585k
2023-£9k
2022+£228k

Derived from filed accounts. Not audited figures.