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B3 Insurance Limited

12498389

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

LEVEL 15, LONDON, EC3A 8EP
Incorporated 04/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Ms Jacqueline Dawn Boast

director · Since 04/03/2020

CEO

ENGLISH · UNITED KINGDOM · Age 60

Also on 24 other boards

Marc Castellucci

director · Since 04/03/2020

COO

AMERICAN · UNITED STATES · Age 53

Mr Geoffrey Mckernan

director · Since 04/03/2020

CEO

AMERICAN · UNITED STATES · Age 66

Also on 6 other boards

Mr William Thomas Mckernan

director · Since 04/03/2020

PRESIDENT

AMERICAN · UNITED STATES · Age 57

Also on 6 other boards

Mr Victor Paul Rainsford

director · Since 14/08/2025

AMERICAN · UNITED STATES · Age 60

Mr Stephen John Richards

director · Since 11/02/2026

BRITISH · UNITED KINGDOM · Age 52

Also on 5 other boards

Persons with Significant Control

Former PSCs

Wm International Holdings Ltd

Ceased 01/08/2022

Riser Holdings Lp

Ceased 06/08/2022

Charges1 outstanding

Charge
outstanding

JPMORGAN CHASE BANK, N.A. AS SECURITY AGENT

Created 31/10/2023Registered 09/11/2023
Charge
satisfied

JPMORGAN CHASE BANK, N.A. AS SECURITY AGENT

Created 28/10/2022Registered 07/11/2022Satisfied 05/11/2023
Charge
satisfied

ARES CAPITAL CORPORATION AS COLLATERAL AGENT

Created 07/04/2020Registered 15/04/2020Satisfied 02/08/2022

CompanyRankvs 53658+ SIC 64209 peers
16

Financial strength1th percentile among SIC peers · 0/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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53658B3 Insurance Limited
26
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.

Employees3/15 pts

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

Liquidity2/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2022

Net Worth

-£9.6M

Balance sheet strength

Cash

£62k

Cash in the bank

Net Current Assets

-£74.7M

Working capital

Current Assets

£3.4M

Current Liabilities

£78.0M

Debtors

£3.3M

0avg. employees

Balance Sheet

Assets less current liabilities£32.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.04-£3.9M
2021—-£3.1M

Derived from filed accounts. Not audited figures.