MOTORISTS INSURANCE SERVICES LIMITED
Company number NI027768 · Monitor this company
Executive summary
Motorists Insurance Services Limited presents a mixed credit profile: a long-established business with substantial equity (£1.38M net assets) and no long-term debt, but showing concerning recent deterioration with a 20% decline in net assets and 61% cash depletion in FY2021. The shift from consistent growth to significant loss, combined with a near-doubling of debtors, warrants investigation before full commitment. Conditional approval is recommended, subject to clarification of the FY2021 performance decline, confirmation of recovery in subsequent periods, and enhanced monitoring covenants.
Shareholders' funds
£1,382,924
Balance sheet as at 2021-11-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 1993-09-14
- Employees
- 52 (2021 accounts · was 55 in 2020)
- Registered office
- C/O Guardian Chartered Accountants, 2 William Street, Newtownards, Down, Northern Ireland, BT23 4AH
- Postcode
- BT23 4AH
- Capital
- 20 GBP
- Accounts category
- Group
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-11-30
- Next due by
- 2027-08-31
- Financial year end
- 30 November
Confirmation statement
- Last statement dated
- 2026-02-03
- Next due by
- 2027-02-17
Nature of business (SIC)
- 82990 Other business support service activities not elsewhere classified
Officers 5 current · 4 resigned
Group structure 1 subsidiary
From persons-with-significant-control filings on the public register.
Previous company names
| Name | Date changed |
|---|---|
| URWIN BAILLIE & COMPANY LIMITED | 1996-10-25 |
| LIBRETTO LIMITED | 1993-10-18 |
Previous registered addresses 1
| Address | Changed on |
|---|---|
| C/O FALCONER STEWART, 248-266 UPPER NEWTOWNARDS ROAD, BELFAST, BT4 3EU | 2017-08-24 |
Among its peers
Top 10%
by shareholders' funds, of 1,110 similar companies in BT
Among the biggest employers among its local peers (52 staff).
Among the oldest 25% of its local peers, trading since 1993.
Competitors Belfast
This company ranks 84 among other business support service activities not elsewhere classified in Belfast.
The class of 1993
36%
of the 1,062 companies in this sector incorporated in 1993 are still active today; 61% have since been dissolved.
A fact about the year, not a forecast for this company.