Somers Syndicate Services Limited
14981899
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2025
full
Next accounts due
30/09/2027
Confirmation statement
Last: 04/07/2026
Due 18/07/2027
Industry
Officers
Persons with Significant Control
Lime Syndicate Management Holdings Limited
Office 891, Lloyd's One Lime Street,, London, EC3M 7HA
Reg: 14981928 · Companies House · Limited By Shares
Notified 29/08/2023
Former PSCs
Mr David Edward Reeves
Ceased 29/08/2023
CompanyRankvs 2016+ SIC 66290 peers34
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Turnover
£139k
Annual revenue
Net Worth
-£3.7M
Balance sheet strength
Cash
£57k
Cash in the bank
Profit Before Tax
-£4.9M
Bottom line earnings
Net Current Assets
-£4.3M
Working capital
Current Assets
£2.0M
Current Liabilities
£6.6M
Fixed Assets
£900k
Debtors
£1.9M
Cost of Sales
£0
Gross Profit
£139k
Admin Expenses
£5.1M
Operating Profit
-£5.0M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.30 |
Derived from filed accounts. Not audited figures.