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Aba Insurance Commercial Limited

10778761

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

3-5 LONDON ROAD, GILLINGHAM, ME8 7RG
Incorporated 19/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Joshpreet Singh Samrai

director · Since 01/04/2019

DIRECTOR

BRITISH · ENGLAND · Age 33

Persons with Significant Control

Mr Joshpreet Singh Samrai

75–100% shares
75–100% votes

British · England · Age 33

3-5, London Road, Gillingham, ME8 7RG

Notified 01/04/2019

Former PSCs

Mr Dalber Singh Samrai

Ceased 28/10/2024

Parmjit Kaur Samrai

Ceased 28/10/2024

CompanyRankvs 382+ SIC 66220 peers
82

Financial strength95th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.21× · 20/20
Longevity9 years trading (max 15) · 9/15
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.

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.

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.

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

Key FinancialsYear ending 31/03/2026

Net Worth

£864k

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

£843k

Working capital

Current Assets

£1.5M

Current Liabilities

£696k

Fixed Assets

£28k

Debtors

£284k

10avg. employees

Balance Sheet

Assets less current liabilities£871k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20262.21+£399k
20251.69-£5k
20242.02
20232.33

Derived from filed accounts. Not audited figures.