UK Companies House feature
MARKET INSURANCE BROKERS LIMITED
Cash
£469K
-63% vs 2021
Net assets
£73K
+18.1% vs 2021
Employees
5
0% vs 2021
Profit before tax
-£601K
-56.7% vs 2021
Profile
- Company number
- 02733989
- Status
- Active
- Incorporation
- 1992-07-23
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 66220
- Hubs
- UK Fintech
Net assets
2-year trend · vs UK Fintech median
Accounts
2-year trend · latest 2022-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 |
|---|---|---|---|
| Turnover | £166,214 | £17,539 | |
| Operating profit | -£383,715 | -£601,009 | |
| Profit before tax | -£383,556 | -£600,942 | |
| Net profit | — | — | |
| Cash | £1,268,384 | £468,694 | |
| Total assets less current liabilities | £61,651 | £72,782 | |
| Net assets | £61,651 | £72,782 | |
| Equity | £61,651 | £72,782 | |
| Average employees | 5 | 5 | |
| Wages | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“On 4 October 2021 following a strategic review by the board of the parent company in view of current and future projected losses, a decision was made to cease to accept new business and the Company was placed into an orderly run-off. Accordingly the Company is no longer a going concern. Whilst this creates significant doubt on the Company's ability to the discharge of its liabilities in the normal course of business, the company benefits from the Parental guarantee from Nest Investment (Holdings) Limited to meet its obligations as they become due during the orderly run-off.”
Significant events
- “Following the year end, the company issued 110,000 ordinary shares of £1 each for consideration of £110,000 to its immediate parent to meet expenses and capital requirements.”
- “On 16 January 2025, the company issued 70,000 ordinary shares of £1 each for consideration of £70,000 to its immediate parent.”
- “On 17 June 2025, the company issued 40,000 ordinary shares of £1 each for consideration of £40,000 to its immediate parent.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 34 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VISTRA COSEC LIMITED | Corporate Secretary | 2025-10-12 | — | — |
| ABUNAHL, Kamel | Director | 2021-08-10 | Jun 1974 | Cypriot |
Show 34 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAKER, John Raymond | Secretary | 1993-02-17 | 2002-09-16 |
| PARMAR, Rita | Secretary | 2002-09-16 | 2004-12-15 |
| RADFORD, Simon Alexander Ashton | Secretary | 2004-12-16 | 2005-09-08 |
| STEVENS, Dawn Marie | Secretary | 1993-02-16 | 1993-02-17 |
| WATTS, Trevor | Secretary | 2005-09-08 | 2010-01-29 |
| WRIGHT, Sandra Jennifer | Secretary | 1992-07-23 | 1994-08-01 |
| ABU NAHEL, Khaled | Director | 1993-02-17 | 1999-04-06 |
| ATKINS, Derek Rhys, Professor | Director | 2009-10-23 | 2017-07-03 |
| BOHLING, Hugh Hovey | Director | 2009-04-14 | 2016-03-04 |
| BURGE, Julia Rose | Director | 1993-02-16 | 1993-02-17 |
| COTTERILL, Paul | Director | 2014-03-31 | 2016-03-04 |
| DICKINSON, Gerard Michael | Director | 2004-09-01 | 2009-03-12 |
| EFTEKHAR, Mehran | Director | 1996-07-03 | 2025-08-27 |
| FORD, Derek | Director | 1999-03-01 | 2010-08-10 |
| GOODING, Christopher Anderson | Director | 1999-08-01 | 2000-10-01 |
| HITCHCOCK, Neil Russell | Director | 2015-01-15 | 2016-03-04 |
| KHATIB, Wael | Director | 1998-10-09 | 2007-06-06 |
| LEWIS, Michael Hollies | Director | 2007-11-01 | 2010-10-31 |
| LEWIS, Michael Hollies | Director | 1999-04-01 | 2000-10-01 |
| LOVEDAY, Albert George Marcus | Director | 1993-02-17 | 1994-04-26 |
| PARMAR, Rita | Director | 2004-01-01 | 2004-12-15 |
| PIERLEJEWSKI, Nigel Roy | Director | 2009-02-03 | 2010-03-18 |
| RADFORD, Simon Alexander Ashton | Director | 2016-04-11 | 2022-08-05 |
| RADFORD, Simon Alexander Ashton | Director | 2002-04-01 | 2010-03-18 |
| RIDHA, Mowaffaq Hassan | Director | 1993-02-17 | 1999-08-23 |
| SANKEY-BARKER, Patric John Randle | Director | 1992-07-23 | 1993-02-16 |
| STEVENS, Dawn Marie | Director | 1993-02-16 | 1993-02-17 |
| SUDRA, Atul | Director | 2011-01-05 | 2022-08-04 |
| SUKKAR, Mufid | Director | 2010-05-13 | 2018-12-19 |
| THORNTON, Derek | Director | 2010-07-20 | 2015-08-26 |
| WATTS, Trevor | Director | 2005-09-08 | 2010-01-29 |
| WEBB, Keith Raymond | Director | 2001-01-08 | 2002-04-12 |
| WOODS, Barry Francis | Director | 1993-02-17 | 1993-09-17 |
| WRIGHT, Sandra Jennifer | Director | 1992-07-23 | 1993-02-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Fadi Abu Nahl | Individual | Significant influence, significant-influence-or-control-as-trust, significant-influence-or-control-as-firm | 2020-05-13 | Ceased 2021-02-10 |
| Mrs Amal Abu Nahl | Individual | significant-influence-or-control-as-trust | 2020-05-13 | Active |
| Ms Reem Abu Nahl | Individual | significant-influence-or-control-as-trust | 2020-05-13 | Active |
| Mr Hamad Abu Nahl | Individual | significant-influence-or-control-as-trust | 2020-05-13 | Active |
| Mr Kamel Abu Nahl | Individual | Significant influence, significant-influence-or-control-as-trust | 2020-05-13 | Active |
| Mr Ghazi Abu Nahl | Individual | Appoints directors, Significant influence | 2016-04-06 | Ceased 2020-05-13 |
Filing timeline
Last 20 of 238 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-05-07 | RP01PSC01 | miscellaneous | legacy |
| 2026-04-28 | CH04 | officers | change corporate secretary company with change date |
| 2026-03-27 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2026-03-27 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2026-03-27 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2026-03-27 | PSC04 | persons-with-significant-control | change to a person with significant control without name date |
| 2026-03-26 | CH01 | officers | change person director company with change date |
| 2026-01-30 | SH01 | capital | capital allotment shares |
| 2026-01-07 | AA | accounts | accounts with accounts type full |
| 2025-12-16 | AD01 | address | change registered office address company with date old address new address |
| 2025-12-15 | AP04 | officers | appoint corporate secretary company with name date |
| 2025-09-23 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2025-09-23 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2025-09-23 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2025-09-23 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2025-09-03 | TM01 | officers | termination director company with name termination date |
| 2025-06-19 | SH01 | capital | capital allotment shares |
| 2025-05-27 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-01-20 | SH01 | capital | capital allotment shares |
| 2024-12-23 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ (private-firm) · reference 2022-12-31
-6.56
DISTRESS
Altman Z″
- Working capital / Total assets 0.138 × 6.56 = +0.90
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -1.136 × 6.72 = -7.63
- Book equity / Total liabilities 0.159 × 1.05 = +0.17
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory