Company Overview
Lorica Insurance Brokers Limited is a Dissolved Private Limited Company.
Registered Address

Rossington's Business Park, West Carr Road, Retford, Nottinghamshire, DN22 7SW
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Companies House Data
Company NameLORICA INSURANCE BROKERS LIMITED
Company Number01417032
Registered Office AddressRossington's Business Park
 West Carr Road
 DN22 7SW
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date27/02/1979
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2023
Accounts Last Made Up Date31/12/2021
Accounts Account CategoryAUDIT EXEMPTION SUBSIDIARY
Returns Next Due Date19/07/2017
Returns Last Made Up Date21/06/2016
Previous Company NameChanged Date
LORICA GENERAL INSURANCE LIMITED31 Oct 2011
ABACANS LIMITED18 Jan 2007
Directors & Members
Show Resigned
Carl McMillan - Director
(British, 52 years old, born July 1974)
Appointed 13 January 2022
Active
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 31-Dec-2021 31-Mar-2014 31-Mar-2013
Balance Sheet
Fixed Assets 378,297 378,297 1,601,290
Current Assets 13,165,486 13,165,486 9,193,789
Creditors Due Within One Year 13,508,886 13,508,886 10,703,298
Working Cap -343,400 -343,400 -1,509,509
Total Assets Less Current Liabilities 34,897 34,897 91,781
Long-term Liabilities 0 0 0
Net Assets 34,897 34,897 91,781
Share Capital & Reserves
Share Cap 7,000,000 7,000,000 4,500,000
Profit & Loss Reserves -6,965,103 -6,965,103 -4,408,219
Other Reserves 0 0 0
Shareholders Funds 34,897 34,897 91,781
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2021 31-Mar-2014 31-Mar-2013
Tangible Fixed Assets - - -
Fixed Assets 2.8% 2.8% 14.8%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 64.9% 64.9% 64.9%
Cash Bank In Hand 15.5% 15.5% 17.7%
Current Assets 97.2% 97.2% 85.2%
Creditors Due Within One Year 99.7% 99.7% 99.1%
Net Current Assets Liabilities -2.5% -2.5% -14.0%
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 0.3% 0.3% 0.9%
Called Up Share Capital 51.7% 51.7% 41.7%
Share Capital Allotted Called Up Paid 51.7% 51.7% 41.7%
Profit Loss Account Reserve -51.4% -51.4% -40.8%
Shareholder Funds 0.3% 0.3% 0.9%
Capital Employed - - -
Total Assets Less Current Liabilities 0.3% 0.3% 0.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2021 31-Mar-2014 31-Mar-2013
Liquidity Ratio 1.0 1.0 0.9
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets -0.5 -0.5 -0.4
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 3
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2021 31-Mar-2014 31-Mar-2013
Assets 13,543,783 13,543,783 10,795,079
Debt 13,508,886 13,508,886 10,703,298
Net Assets/Debt 34,897 34,897 91,781
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
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Statement of capital on 2 October 2023
Statement by Directors
Solvency Statement dated 27/09/23
Resolutions
Termination of appointment of Gavin Matthew Perkins as a director on 25 September 2023
Termination of appointment of Steven Redgwell as a director on 25 September 2023
Confirmation statement made on 21 June 2023 with updates
Director's details changed for Mr Carl Lloyd Mcmillan on 3 February 2023
Director's details changed for Mr Steven Redgwell on 3 November 2020
Consolidated accounts of parent company for subsidiary company period ending 31/12/21
Notice of agreement to exemption from audit of accounts for period ending 31/12/21
Audit exemption statement of guarantee by parent company for period ending 31/12/21
Confirmation statement made on 21 June 2022 with updates
Appointment of Mr Carl Lloyd Mcmillan as a director on 13 January 2022
Appointment of Gavin Matthew Perkins as a director on 13 January 2022
Termination of appointment of Paul Mark Johnson as a director on 13 January 2022
Termination of appointment of Brendan James Mcmanus as a director on 13 January 2022
Termination of appointment of Timothy John Chadwick as a director on 13 January 2022
Termination of appointment of Ryan Christopher Brown as a director on 13 January 2022
Termination of appointment of Timothy Brooke Thom as a director on 13 January 2022
Termination of appointment of Fiona Andrews as a director on 13 January 2022

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