Cedar Underwriting Limited
10786785
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/02/2023
BUSINESS EXECUTIVE
BRITISH · ENGLAND · Age 51
Also on 7 other boards
director · Since 23/02/2023
CHIEF EXECUTIVE
BRITISH · ENGLAND · Age 43
Also on 23 other boards
Persons with Significant Control
Stubben Edge Group Limited
77, Cornhill, London, EC3V 3QQ
Reg: 07227141 · Companies House · Limited Company
Notified 23/02/2023
Former PSCs
Mr Duncan Peter Pritchard
Ceased 23/02/2023
Charges1 outstanding
HSBC UK BANK PLC
CompanyRankvs 56000+ SIC 66220 peers24
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£11k
Balance sheet strength
Cash
£180k
Cash in the bank
Net Current Assets
-£13k
Working capital
Current Assets
£810k
Current Liabilities
£822k
Fixed Assets
£2k
Debtors
£630k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.98 | -£101k |
| 2023 | 1.19 | +£18k |
| 2021 | 1.02 | — |
Derived from filed accounts. Not audited figures.