SORVIO INSURANCE BROKERS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-12 (in 3mo)
Last made up 2025-07-29
Watchouts
Cash
£115K
lowest in 6 filed years
Net assets
£4M
highest in 6 filed years
Employees
—
Average over period
Profit before tax
£268K
Period ending 2024-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The Director's intend to liquidate the Company and as such these statements are prepared on a basis other than that of a going concern.
Net assets
6-year trend · vs Financials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-07-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £385,000 | £739,000 | |
| Operating profit | — | — | — | — | £132,000 | £272,000 | |
| Profit before tax | — | — | — | — | £128,000 | £268,000 | |
| Net profit | — | — | — | — | £101,000 | £197,000 | |
| Cash | £161,583 | £242,747 | £236,358 | £141,024 | £139,000 | £115,000 | |
| Total assets less current liabilities | £69,151 | £86,336 | £49,062 | £41,818 | £118,000 | £3,739,000 | |
| Net assets | — | — | — | — | £73,000 | £3,739,000 | |
| Equity | £69,151 | £86,336 | £49,062 | £41,818 | £73,000 | £3,739,000 | |
| Average employees | 6 | 6 | 10 | 10 | — | — | |
| Wages | — | — | — | — | £149,000 | £279,000 | |
| Directors' remuneration | — | — | — | — | £14,000 | £37,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-07-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-07-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 34.3% | 36.8% | |
| Net margin | — | — | — | — | 26.2% | 26.7% | |
| Return on capital employed | — | — | — | — | 111.9% | 7.3% | |
| Current ratio | — | — | — | — | 1.11x | 28.49x | |
| Interest cover | — | — | — | — | 26.40x | 38.86x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- SORVIO INSURANCE BROKERS LIMITED 2014-04-17 → present
- D. PHILLIPS (INSURANCE BROKERS) LIMITED 1993-11-23 → 2014-04-17
- D. PHILLIPS (I.B.) LIMITED 1993-07-29 → 1993-11-23
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The Director's intend to liquidate the Company and as such these statements are prepared on a basis other than that of a going concern.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARDONAGH CORPORATE SECRETARY LIMITED | Corporate Secretary | 2023-08-01 | — | — |
| BAYLES, Phil, Mr. | Director | 2026-02-27 | Jan 1967 | British |
| YEANDLE, James | Director | 2024-03-13 | May 1983 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HUNT, Jennifer Irene | Nominee Secretary | 1993-07-29 | 1993-07-29 |
| PHILLIPS, Rosalind Mary | Secretary | 1993-07-29 | 2008-10-22 |
| HODGKINSON, Paul James | Director | 2006-10-02 | 2024-03-13 |
| PHILLIPS, David | Director | 1993-07-29 | 2010-02-28 |
| REDDING, Diana Elizabeth | Nominee Director | 1993-07-29 | 1993-07-29 |
| SPALDING, Ian Maurice | Director | 2006-10-02 | 2024-03-13 |
| TUPLIN, Richard | Director | 2023-12-08 | 2025-12-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ardonagh Advisory Broking Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-08-01 | Active |
| Mr Paul James Hodgkinson | Individual | Shares 25–50% | 2016-04-06 | Ceased 2023-08-01 |
| Mr Ian Maurice Spalding | Individual | Shares 25–50% | 2016-04-06 | Ceased 2023-08-01 |
Filing timeline
Last 20 of 108 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-09-05 RESOLUTIONS Resolution
- 2023-09-05 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-02 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-23 | AA | accounts | Accounts with accounts type full | |
| 2025-12-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-01 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-12-10 | AA01 | accounts | Change account reference date company current extended | |
| 2024-08-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-16 | CH01 | officers | Change person director company with change date | |
| 2024-03-29 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-03-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-05 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-12-22 | SH01 | capital | Capital allotment shares | |
| 2023-12-13 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-27 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-09-05 | RESOLUTIONS | resolution | Resolution | |
| 2023-09-05 | MA | incorporation | Memorandum articles | |
| 2023-08-03 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2023-08-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.