Back to search

Abacus Credit Insurance Brokers Ltd

11781238

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

FRIARSWOOD, KINGS LANGLEY, WD4 9JB
Incorporated 22/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Mr David George Gurnett

director · Since 14/02/2019

DIRECTOR AND COMPANY SECRETARY

BRITISH · ENGLAND · Age 44

Mrs Katherine Helen Gurnett

director · Since 13/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr David George Gurnett

75–100% shares

British · England · Age 44

Friarswood, Chipperfield Road, Kings Langley, WD4 9JB

Notified 14/06/2019

Former PSCs

Mrs Katherine Helen Gurnett

Ceased 14/06/2019

CompanyRankvs 1837+ SIC 66220 peers
70

Financial strength83th percentile among SIC peers · 21/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.97× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength21/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/01/2025

Net Worth

£170k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£170k

Working capital

Current Assets

£339k

Current Liabilities

£172k

Fixed Assets

£1k

3avg. employees+6

Balance Sheet

Assets less current liabilities£171k
Prepared with v2025.69.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20251.97+£88k
20241.54+£27k
20231.36
20220.97
20210.94

Derived from filed accounts. Not audited figures.