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Extracover Services Management Limited

15838575

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

SECOND FLOOR, LONDON, EC3M 1HD
Incorporated 15/07/2024

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 19/08/2026

Due 02/09/2027

On track

Industry

66220
Activities of insurance agents and brokers

Officers

Ian Stephen Kershaw

director · Since 15/07/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Persons with Significant Control

Extracover Holdings Limited

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

7th Floor, Exchange House, London, EC2A 2BQ

Notified 15/07/2024

CompanyRankvs 5148+ SIC 66220 peers
26

Financial strength3th percentile among SIC peers · 1/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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5148Extracover Services Management Limited
32
How is this score calculated?
Financial strength1/25 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.

Longevity2/15 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

of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied: 2.2 Going concern The financial statements have been prepared on the going concern basis. The director has assessed the Company's ability to continue as a going concern for at least twelve months from the date the

Key FinancialsYear ending 31/12/2025

Turnover

£293k

Annual revenue

Net Worth

-£73k

Balance sheet strength

Cash

£193k

Cash in the bank

Profit Before Tax

-£90k

Bottom line earnings

Net Current Assets

-£73k

Working capital

Current Assets

£227k

Current Liabilities

£301k

Debtors

£34k

Gross Profit

£293k

Admin Expenses

£385k

Operating Profit

-£92k

Profit After Tax

-£75k

4avg. employees

Balance Sheet

Assets less current liabilities-£73k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20250.76

Derived from filed accounts. Not audited figures.