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World Travel Protection Limited

10577959

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

PARKVIEW, UXBRIDGE, UB8 1UX
Incorporated 23/01/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66190
Other activities auxiliary to financial services

Officers

Cara Atha

director · Since 01/04/2023

CHIEF OPERATING OFFICER EUROPE, COVER-MO

BRITISH · SWITZERLAND · Age 53

Luke Banks

director · Since 01/04/2023

MEDICAL DOCTOR

BRITISH · UNITED KINGDOM · Age 45

Adrian Leach

director · Since 01/04/2023

CEO, WORLD TRAVEL PROTECTION LTD.

AUSTRALIAN · AUSTRALIA · Age 54

Alerah Turner

director · Since 01/04/2023

COO, WORLD TRAVEL PROTECTION LTD

AUSTRALIAN · UNITED KINGDOM · Age 42

Charges1 outstanding

Charge
outstanding

ZURICH INSURANCE COMPANY LTD

Created 31/03/2017Registered 21/04/2017

CompanyRankvs 3723+ SIC 66190 peers
32

Financial strength79th percentile among SIC peers · 20/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees2/15 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.

Longevity9/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

resources to continue in operational existence for the foreseeable future and that there are no material uncertainties that lead to significant doubt upon the Company's ability to continue as a going concern. Thus the directors have continued to adopt the going concern basis of accounting in preparing these financial statements. Qualifying third party indemnity provisions The Company has mad

Key FinancialsYear ending 31/12/2024

Turnover

£2.0M

Annual revenue

Net Worth

£84k

Balance sheet strength

Cash

£1.6M

Cash in the bank

Profit Before Tax

-£2.3M

Bottom line earnings

Net Current Assets

-£638k

Working capital

Current Assets

£3.3M

Current Liabilities

£3.9M

Fixed Assets

£853k

Debtors

£1.6M

Gross Profit

£2.0M

Admin Expenses

£6.0M

Operating Profit

-£2.3M

Profit After Tax

-£1.7M

0avg. employees

Tax at Year End(2023)

Dividends paid-£7.2M

Balance Sheet

Assets less current liabilities£214k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.84-£1.7M
20231.75

Derived from filed accounts. Not audited figures.