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Novus Underwriting Ltd

10844265

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

THE MONUMENT BUILDING 3RD FLOOR, LONDON, EC3R 8AF
Incorporated 30/06/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Mr David Paul Bearman

director · Since 30/06/2017

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 30 other boards

Mr Alexander Robert Curme

director · Since 08/12/2023

GROUP CHIEF FINANCIAL OFFICER

BRITISH · ENGLAND · Age 33

Also on 28 other boards

Mr John Anthony Eldridge

director · Since 08/12/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 7 other boards

Mr James Richard Potter

director · Since 08/12/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 7 other boards

Persons with Significant Control

Novus Group Holdings Limited

75–100% shares
75–100% votes
Appoint directors

4th Floor, 34 Lime Street, London, EC3M 7AT

Reg: 12646683 · Companies House Uk · Private Company Limited By Shares

Notified 15/12/2020

Former PSCs

Mr David Paul Bearman

Ceased 15/12/2020

Mr Phil Wood

Ceased 15/12/2020

CompanyRankvs 2382+ SIC 66220 peers
62

Financial strength24th percentile among SIC peers · 6/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 6.57× · 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 strength6/25 pts

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

Employees12/15 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 30/06/2019

Net Worth

£100

Balance sheet strength

Cash

£181k

Cash in the bank

Net Current Assets

£287k

Working capital

Current Assets

£339k

Current Liabilities

£52k

Debtors

£158k

4avg. employees

Tax at Year End

Corp tax£47k

Balance Sheet

Assets less current liabilities£287k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20196.57

Derived from filed accounts. Not audited figures.