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1783 Limited

13136585

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

AMELIA HOUSE, WORTHING, BN11 1RL
Incorporated 15/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Matthew Robert Mealey

director · Since 15/01/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 7 other boards

Mr Charles Michael Cavendish Pearson

director · Since 15/01/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 1 other board

Mr Joseph Lee Arnold

director · Since 15/02/2022

DIRECTOR

AMERICAN · ENGLAND · Age 37

Persons with Significant Control

Mr Charles Michael Cavendish Pearson

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

British · England · Age 40

Amelia House, Crescent Road, Worthing, BN11 1RL

Notified 15/01/2021

Mr Joseph Arnold

25–50% shares
25–50% votes

American · England · Age 37

Amelia House, Crescent Road, Worthing, BN11 1RL

Notified 15/02/2022

Mr Matthew Robert Mealey

25–50% shares
25–50% votes

British · United Kingdom · Age 39

Amelia House, Crescent Road, Worthing, BN11 1RL

Notified 09/03/2023

Former PSCs

Mr Matthew Robert Mealey

Ceased 31/03/2022

CompanyRankvs 706+ SIC 66220 peers
68

Financial strength96th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.63× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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.

Longevity5/15 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

Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. true 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for insurance broker

Key FinancialsYear ending 31/12/2024

Net Worth

£996k

Balance sheet strength

Cash

£494k

Cash in the bank

Net Current Assets

£913k

Working capital

Current Assets

£1.1M

Current Liabilities

£162k

Fixed Assets

£111k

Debtors

£581k

8avg. employees+3

Balance Sheet

Assets less current liabilities£1.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20246.63+£156k
202310.83+£527k
20221.32
20210.58

Derived from filed accounts. Not audited figures.