Company Overview
Britannia Steam Ship Insurance Association Limited(The) is listed at the official companies registry as Active Private Limited By Guarantee Without Share Capital. The company was incorporated on Saturday 19 February 1876, so this is a well established company. Britannia Steam Ship Insurance Association Limited(The) has been in business for 148 years and 3 months. The accounts status is full and the accounts are next due on Wednesday 20 November 2024.
Registered Address

Regis House, 45 King William Street, London, EC4R 9AN
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Companies House Data
Company NameBRITANNIA STEAM SHIP INSURANCE ASSOCIATION LIMITED(THE)
Company Number00010340
Registered Office AddressRegis House
 45 King William Street
 EC4R 9AN
Company CategoryPrivate Limited By Guarantee Without Share Capital
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date19/02/1876
Accounting Reference Date Day20
Accounting Reference Date Month2
Accounts Next Due Date20/11/2024
Accounts Last Made Up Date20/02/2023
Accounts Account CategoryFULL
Returns Next Due Date04/09/2016
Returns Last Made Up Date07/08/2015
Directors & Members
Show Resigned
Wei Ching - Director
(Chinese, 49 years old, born April 1975)
Vice President - Appointed 10 January 2023
 Active
Andrew Cutler - Director
(British, 58 years old, born July 1966)
Lawyer - Appointed 01 July 2012
 Active
Anthony Firmin - Director
(British, 71 years old, born December 1953)
Chief Operating Officer - Appointed 21 October 2014
 Active
Michael Hall - Director
(British, 51 years old, born October 1973)
Underwriter - Appointed 01 May 2021
 Active
Secretaries
Show Resigned
Hayley Connell - Secretary
Appointed 01 June 2023
 Active
Other Company Directorships
Wei Ching
No companies found
Andrew Cutler
PEEK HOUSE MANAGEMENT LIMITED
THE BRITANNIA STEAM SHIP INSURANCE ASSOCIATION HOLDINGS LIMITED
TINDALL RILEY & CO LIMITED
TINDALL RILEY (BRITANNIA) LIMITED
TINDALL RILEY (FD&D) LIMITED
TINDALL RILEY (P&I) LIMITED
Anthony Firmin
No companies found
Michael Hall
THE BRITANNIA STEAM SHIP INSURANCE ASSOCIATION EUROPE
THE BRITANNIA STEAM SHIP INSURANCE ASSOCIATION HOLDINGS LIMITED
TINDALL RILEY (HULL) LIMITED
Balance Sheet Unlock full report
Accounts Date 20-Feb-2023 20-Feb-2013 20-Feb-2012
Balance Sheet
Fixed Assets 987,852,000 987,852,000 964,661,000
Current Assets 511,251,000 511,251,000 361,705,000
Creditors Due Within One Year 25,033,000 25,033,000 25,228,000
Working Cap 486,218,000 486,218,000 336,477,000
Total Assets Less Current Liabilities 1,474,070,000 1,474,070,000 1,301,138,000
Long-term Liabilities 1,147,253,000 1,147,253,000 1,010,461,000
Net Assets 326,817,000 326,817,000 290,677,000
Share Capital & Reserves
Share Cap 0 0 0
Profit & Loss Reserves 96,950,000 96,950,000 80,404,000
Other Reserves 229,867,000 229,867,000 210,273,000
Shareholders Funds 326,817,000 326,817,000 290,677,000
Common Size Financial Analysis Unlock full report
Accounts Date 20-Feb-2023 20-Feb-2013 20-Feb-2012
Tangible Fixed Assets - - -
Fixed Assets 65.9% 65.9% 72.7%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 7.8% 7.8% 9.1%
Cash Bank In Hand 2.9% 2.9% 2.6%
Current Assets 34.1% 34.1% 27.3%
Creditors Due Within One Year 1.7% 1.7% 1.9%
Net Current Assets Liabilities 32.4% 32.4% 25.4%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 21.8% 21.8% 21.9%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 6.5% 6.5% 6.1%
Shareholder Funds 21.8% 21.8% 21.9%
Capital Employed - - -
Total Assets Less Current Liabilities 98.3% 98.3% 98.1%
Financial Ratio Analysis Unlock full report
Accounts Date 20-Feb-2023 20-Feb-2013 20-Feb-2012
Liquidity Ratio 20.4 20.4 14.3
Solvency Ratio 1.3 1.3 1.3
Reserves to Assets 0.1 0.1 0.1
Secured Creditors Unlock full report
Mortgages Charges 6
Mortgages Outstanding 5
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 20-Feb-2023 20-Feb-2013 20-Feb-2012
Assets 1,499,103,000 1,499,103,000 1,326,366,000
Debt 1,172,286,000 1,172,286,000 1,035,689,000
Net Assets/Debt 326,817,000 326,817,000 290,677,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the substantial net assets of a large company. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the substantial net assets of a large company. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the substantial net assets of a large company. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 7 August 2023 with no updates
Second filing for the appointment of Mr Norifumi Yamamoto as a director
Appointment of Mr Norifumi Yamamoto as a director on 9 June 2023
Appointment of Miss Hayley Jane Connell as a secretary on 1 June 2023
Director's details changed for Mr Wei Man Raymond Ching on 10 January 2023
Termination of appointment of James Andrew Young as a secretary on 30 November 2022
Appointment of Mr Wei Man Raymond Ching as a director on 10 January 2023
Confirmation statement made on 7 August 2022 with no updates
Appointment of Mr Richard Lindsay Sadler as a director on 18 May 2022
Termination of appointment of Bruce Thomas Nielsen as a director on 18 May 2022
Termination of appointment of Niall Joseph Nolan as a director on 20 February 2022
Memorandum and Articles of Association
Resolutions
Director's details changed for Mr Andrew John Cutler on 21 October 2021
Resolutions
Memorandum and Articles of Association
Confirmation statement made on 7 August 2021 with no updates
Appointment of Mr Michael Robert Aylmer Hall as a director on 1 May 2021
Appointment of Mr Casper Munch as a director on 1 May 2021
Termination of appointment of Jonathan Paul Rodgers as a director on 30 April 2021
Appointment of Dr Maximilian Rothkopf as a director on 12 January 2021
Termination of appointment of Paul Hunt as a director on 20 October 2020
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