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Kinetiq Underwriting Ltd

12481183

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

NUMBER ONE, HARLOW, CM20 2FB
Incorporated 25/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance

Officers

Mr Richard Dominic Cross

director · Since 25/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 3 other boards

Mr Paul Gavin Dodds

director · Since 25/02/2020

DIRECTOR

BRITISH · GUERNSEY · Age 63

Also on 5 other boards

Mr Martin Harris

director · Since 25/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 61

Mr Daniel Jamie Thompson

director · Since 10/10/2023

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 4 other boards

Persons with Significant Control

Mr Martin Harris

25–50% shares
25–50% votes

British · England · Age 61

5 Technology Park, Colindeep Lane, Colindale, NW9 6BX

Notified 09/07/2021

Mr Paul Gavin Dodds

50–75% shares
50–75% votes
Appoint directors

British · Guernsey · Age 63

Number One, Station Approach, Harlow, CM20 2FB

Notified 09/07/2021

Former PSCs

Mercury Insurance Brokers Limited

Ceased 30/07/2020

Capital Underwriting Agencies Group Limited

Ceased 09/07/2021

Charges0 outstanding

Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 29/07/2021Registered 04/08/2021Satisfied 05/08/2022

CompanyRankvs 826+ SIC 65120 peers
66

Financial strength81th percentile among SIC peers · 20/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.02× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees13/15 pts

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

Liquidity12/20 pts

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

Longevity6/15 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 31/12/2024

Net Worth

£346k

Balance sheet strength

Cash

£9.5M

Cash in the bank

Net Current Assets

£337k

Working capital

Current Assets

£16.2M

Current Liabilities

£15.8M

Fixed Assets

£12k

Debtors

£6.7M

14avg. employees+5

Tax at Year End

Corp tax£398k

Balance Sheet

Assets less current liabilities£349k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.02-£690k
20231.08
20221.12
20210.91

Derived from filed accounts. Not audited figures.