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Wessex Insurance Brokers Ltd

14274461

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

56 FROGMORE STREET, ABERGAVENNY, NP7 5AR
Incorporated 03/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Paul Wadsworth

director · Since 03/08/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Mr Simon Peter Mason

director · Since 15/01/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Mr John Mitchell

director · Since 15/01/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Persons with Significant Control

F. R. Ball (Insurance) Limited

75–100% shares
75–100% votes
Appoint directors

56, Frogmore Street, Abergavenny, NP7 5AR

Reg: 00840234 · Companies House · Limited

Notified 03/08/2022

CompanyRankvs 4482+ SIC 66220 peers
43

Financial strength24th percentile among SIC peers · 6/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 pts

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

Liquidity6/20 pts

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

Longevity4/15 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

£100

Balance sheet strength

Cash

£138k

Cash in the bank

Net Current Assets

-£112k

Working capital

Current Assets

£289k

Current Liabilities

£401k

Debtors

£151k

4avg. employees-1

Balance Sheet

Assets less current liabilities-£112k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.72
20230.79

Derived from filed accounts. Not audited figures.