REES ASTLEY INSURANCE BROKERS LIMITED
Company number 06452632 · Monitor this company
Executive summary
Rees Astley Insurance Brokers Limited presents a fundamentally sound credit proposition with strong liquidity (£853k unrestricted cash), no external debt, and a long-established trading history since 2007. The principal concern is the significant dividend extraction in 2024 that reduced net assets by 35%, alongside growing intercompany balances within the Rees Astley group structure. A conditional approval with parent company guarantee and appropriate covenants to limit further asset stripping is recommended.
Shareholders' funds
£750,175
Balance sheet as at 2024-12-31
What it does
Insurance brokers
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2007-12-13
- Employees
- 34 (2024 accounts)
- Registered office
- 29 North Parade, Aberystwyth, SY23 2JN
- Postcode
- SY23 2JN
- Capital
- 163 GBP
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-12-13
- Next due by
- 2026-12-27
Nature of business (SIC)
- 65120 Non-life insurance
Officers 2 current · 5 resigned
Group structure
Controlled by REES ASTLEY (HOLDINGS) LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Contact details
- Website
- reesastley.co.uk
- Phone
- 01686 626019, 01743 296666, 01970 624261
Rees Astley Insurance Brokers Ltd - Commercial, Business and Personal Insurance
Among its peers
Top 10%
by shareholders' funds, of 13 similar companies in SY — measured against the wider sector
Among the biggest employers among its local peers (34 staff).
Trading since 2007.
The class of 2007
39%
of the 204 companies in this sector incorporated in 2007 are still active today; 61% have since been dissolved.
A fact about the year, not a forecast for this company.
This company's registered activities are in financial services. If it carries on regulated business, it should appear on the FCA's Financial Services Register — the official record of authorised firms.