The Medical Insurance Advisory Bureau Limited
Activities of insurance agents and brokers · Taunton
ActiveUnited KingdomIncorporated 2010Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£102,387
Cash
£3,193
Turnover
£55,129
Profit / loss
—
Current assets
£118,191
Creditors < 1 year
£15,804
Equity
£102,387
Average employees
1
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-3112 months · Company · AI-read | 2024-12-31Company · AI-read | 2018-10-3112 months | 2017-10-3112 months | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 | 2011-04-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet | ||||||||||
| Net assets | £102,387 | £106,409 | £1,938,609 | £1,793,530 | £2,047,575 | £1,494,087 | £772,681 | £377,005 | £20,000 | — |
| Equity | £102,387 | £106,409 | £1,938,609 | £1,793,530 | £2,047,575 | £1,494,087 | £772,681 | £377,005 | £20,000 | £1 |
| Share capital | £1 | £1 | — | — | — | — | — | — | — | — |
| Retained earnings | £67,386 | £71,408 | — | — | — | — | — | — | — | — |
| Assets | ||||||||||
| Fixed assets | — | — | £19,416 | £26,799 | £237,930 | £433,930 | £635,230 | £803,750 | £0 | — |
| Intangible assets | — | — | £0 | £0 | £200,000 | — | — | — | — | — |
| Property, plant & equipment | — | — | £19,416 | £26,799 | £37,930 | £33,930 | £35,230 | £3,750 | £0 | — |
| Current assets | £118,191 | £120,749 | £2,067,181 | £2,140,638 | £2,503,183 | £1,992,921 | £930,978 | £509,819 | £100,000 | — |
| Cash at bank | £3,193 | £10,457 | £1,172,917 | £908,402 | £2,178,259 | £1,776,400 | £744,347 | £446,118 | £100,000 | £1 |
| Debtors | £114,998 | £110,292 | £894,264 | £1,232,236 | £324,924 | £216,521 | £186,631 | £63,701 | £0 | — |
| Liabilities | ||||||||||
| Creditors | £15,804 | £14,340 | — | — | — | — | — | — | — | — |
| Creditors within one year | £15,804 | £14,340 | — | — | — | £625,978 | £266,669 | £415,814 | £80,000 | £0 |
| Creditors after one year | — | — | — | — | — | £300,000 | £520,000 | £520,000 | £0 | — |
| Provisions | — | — | £3,689 | £5,360 | £7,586 | £6,786 | £6,858 | £750 | £0 | — |
| Net current assets | — | — | £1,922,882 | £1,772,091 | £1,817,231 | £1,366,943 | £664,309 | £94,005 | £20,000 | £1 |
| Assets less current liabilities | — | — | £1,942,298 | £1,798,890 | £2,055,161 | £1,800,873 | £1,299,539 | £897,755 | £20,000 | £1 |
| Profit & loss | ||||||||||
| Turnover | £55,129 | £68,974 | — | — | — | — | — | — | — | — |
| Interest receivable | £6,390 | £10,105 | — | — | — | — | — | — | — | — |
| Profit before tax | £21,304 | £45,252 | — | — | — | — | — | — | — | — |
| Tax | £5,326 | £11,313 | — | — | — | — | — | — | — | — |
| People & pay | ||||||||||
| Average employees | 1 | 1 | 36 | 55 | — | — | — | — | — | — |
| Staff costs | £9,872 | £8,139 | — | — | — | — | — | — | — | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The principal activity of the company was that of insurance broking
- What it does
- insurance broking · insurance · brokerage (AI keywords)
- Outlook
- The directors look forward to a successful and profitable 2026, continuing to work closely with the company's carrier in order to respond to competition being faced in light of the current “soft” insurance market
- Audit
- Subsidiary audit exemption, parent guarantee (s479A)
- Immediate parent
- Lloyd & Whyte Group Limited · England & Wales
- Ultimate parent
- Benefact Trust Limited · England & Wales
- Ultimate controlling party
- Benefact Trust Limited
- Accounts
- Small company
- Approved
- 2026-08-17, signed by M M Pyke
Turnover by segment (2)
- Commission received: 55,129 (2025-12-31)
- Commission received: 68,974 (2024-12-31)
Related parties (3)
- another group company · group company · Staffing costs recharged · £9,872
- another group company · group company · Staffing costs recharged · £8,139
- another group entity · group entity · Directors were remunerated for their work relating to The Medical Insurance Advisory Bureau Limited
Borrowings (2)
- loan facility entered into by its parent company in a previous year · secured on The company's assets, along with the assets of certain other group companies, including its parent company, are subject to a fixed and floating charge
- group related finance facility
Directors' report (3)
- M M Pyke
- S Astley
- D R Moore
Share classes (2)
- 1 Ordinary shares of £1 each of £1
- 1 Ordinary shares of £1 each of £1
Principal risks (4)
- credit risk
- cash flow risk
- liquidity risk
- price risk
Events after the year end (1)
- A dividend of £20,000 has been declared by the company after the balance sheet date. This is not provided in the year end balance sheet
Contingent liabilities (1)
- The total amount guaranteed by group companies and not included in the balance sheet as at 31 December 2025 was £94,320,839 (2024 - £91,551,594)
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesFloating · created 2019-09-30
—
OutstandingShow 1 satisfied / released
All Assets · created 2019-08-23 · satisfied 2019-10-01
—
Satisfied