Back to search

Vessel Protect Limited

12340946

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

THE WALBROOK BUILDING, LONDON, EC4N 8AW
Incorporated 29/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Tom Downey

director · Since 01/04/2023

COMPANY DIRECTOR

IRISH · ENGLAND · Age 58

Also on 11 other boards

Sarah Herriman

director · Since 01/04/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 3 other boards

Mrs Catriona Anne Thomson

director · Since 12/07/2023

COMPANY DIRECTOR

BRITISH · SCOTLAND · Age 49

Also on 8 other boards

Persons with Significant Control

Tay River Holdings Ltd

50–75% shares
50–75% votes

Room 824 The Lloyd’S Building, 1 Lime Street, London, EC3M 7HA

Reg: 11384693 · Companies House · Private Limited Company

Notified 25/06/2020

Gallagher Holdings (Uk) Limited

25–50% shares
25–50% votes
Appoint directors

The Walbrook Building, 25 Walbrook, London, EC4N 8AW

Reg: 5933192 · Companies House · Limited By Shares

Notified 01/04/2023

Former PSCs

Raj Rupal

Ceased 11/02/2020

Mr Christopher Goddard

Ceased 01/04/2023

CompanyRankvs 34080+ SIC 66220 peers
40

Financial strength24th percentile among SIC peers · 6/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 4.52× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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.

Employees2/15 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.

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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease opera

Key FinancialsYear ending 31/12/2024

Net Worth

£100

Balance sheet strength

Cash

£25

Cash in the bank

Profit Before Tax

-£305k

Bottom line earnings

Net Current Assets

£13.0M

Working capital

Current Assets

£16.7M

Current Liabilities

£3.7M

Debtors

£9.4M

Admin Expenses

£764k

Profit After Tax

-£217k

0avg. employees-2

Tax at Year End

Corp tax£0

People Costs

Wages & salaries£0
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.52
20211.08+£405k
20201.06

Derived from filed accounts. Not audited figures.