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Sussex Underwriting Management Limited

10294054

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

Tapsells Oast, Tapsells Lane, Wadhurst, TN5 6PL
Incorporated 25/07/2016

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 11/07/2025

Due 25/07/2026

On track

Industry

65120
Non-life insurance

Officers

Gordon Frederick Newman

director · Since 25/07/2016

British · United Kingdom · Age 76

Edward John Wattenbach

director · Since 25/07/2016

British · England · Age 62

Persons with Significant Control

Mr Edward John Wattenbach

75–100% shares
75–100% votes

British · England · Age 62

Tapsells Oast, Tapsells Lane, Wadhurst, TN5 6PL

Notified 25/07/2016

Change History

statusactive
2026-06-07

Active

typeltd
2026-06-07

Private Limited Company

address line1Tapsells Oast
2026-06-07

TAPSELLS OAST

post townWadhurst
2026-06-07

WADHURST

officer appointedNEWMAN, Gordon Frederick
2026-06-07
officer appointedWATTENBACH, Edward John
2026-06-07

CompanyRankvs 533+ SIC 65120 peers
74

Financial strength75th percentile among SIC peers · 19/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.98× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees10/15 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.

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.

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

£224k

Balance sheet strength

Cash

£139k

Cash in the bank

Net Current Assets

£247k

Working capital

Current Assets

£309k

Current Liabilities

£62k

Fixed Assets

£7k

Debtors

£170k

4avg. employees

Tax at Year End(2022)

Corp tax£6k

Balance Sheet

Assets less current liabilities£254k
Signed by Mr Edward Wattenbach 23 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.98+£128k
20233.36+£33k
20223.13+£25k
20212.98-£55k
20201.86+£131k
2019-1.69-£3k
2018-6.70

Derived from filed accounts. Not audited figures.