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Insurge Ltd

11293453

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

THE COPPER ROOM DEVA CITY OFFICE PARK, SALFORD, M3 7BG
Incorporated 05/04/2018

Compliance

Last accounts

30/04/2022

total exemption full

Next accounts due

31/01/2024

Overdue

Confirmation statement

Last: 15/01/2024

Due 29/01/2025

Overdue

Industry

73110
Advertising agencies

Officers

Mr Darren Hughes

director · Since 05/04/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Mr Andrew Peter Nelson

director · Since 05/04/2018

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Mr Antony Bonney

director · Since 12/08/2021

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Persons with Significant Control

Mr Darren Hughes

25–50% shares
25–50% votes

British · United Kingdom · Age 52

Charter Buildings, 9 Ashton Lane, Sale, M33 6WT

Notified 05/04/2018

Mr Andrew Peter Nelson

25–50% shares
25–50% votes

British · England · Age 43

Charter Buildings, 9 Ashton Lane, Sale, M33 6WT

Notified 05/04/2018

Insolvency History1 case

creditors voluntary liquidation09/06/2023

Gareth Hunt (practitioner) · David Norman Kaye (practitioner)

CompanyRankvs 15+ SIC 73110 peers
19

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Longevity8/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/04/2022

Net Worth

-£76k

Balance sheet strength

Cash

£52k

Cash in the bank

Net Current Assets

-£43k

Working capital

Current Assets

£169k

Current Liabilities

£213k

Fixed Assets

£1k

Debtors

£117k

7avg. employees-7

Tax at Year End

VAT£30k

Balance Sheet

Assets less current liabilities-£42k
Signed by Mr Andrew Nelson 25/08/2022Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20220.80+£2k£596k
20210.84£850k

Derived from filed accounts. Not audited figures.