Compass International Ltd

Compass International Ltd, based in Brighton, UK, is a small, active company founded five years ago. With 14 employees and £224,392 in assets, it operates from a virtual address—a detail flagged by the presence of twenty companies registered at the same location. The company has two directors but no reported owners, a common situation for smaller entities. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with its last import activity recorded just one month ago in January 2025.

The company’s website reveals a specialist insurance brokerage, Compass International, focusing on Lloyds and the London market. It offers a "total service" for UK and overseas clients, managing complex insurance challenges across various sectors. The brokerage boasts an international client base, with Asia being its largest market, and operates a European branch, ensuring flexibility regarding EU regulations. They specialize in innovative solutions, often enabling unique retail products to reach the market. The company is a trading division of Compass Underwriting Limited, authorized and regulated by the Financial Conduct Authority.

Financially, Compass International Ltd presents a mixed picture. While average employee numbers increased by 36% to 19, cash bank on hand decreased by 6.7% to £75,000. Creditors surged by 83% to £3.4 million, and debtors jumped 69% to £150,000, suggesting increased activity but also potential payment delays. Net current assets liabilities, however, ballooned by 88% to -£3.2 million, and equity plummeted by 88% to -£3.1 million—a significant decline. Despite these challenges, the company’s small size allows it to remain agile. The unaudited figures, overseen by Oury Clark Chartered Accountants, rely on director-reported data.

Overall, Compass International Ltd appears to be navigating a period of growth and change, but the substantial equity decline warrants close attention. The brokerage’s focus on specialist insurance and international markets, however, positions it for continued success—assuming it can manage its growing financial pressures.

Registered in England/Wales under the registration number 12235247, with a registered address at BN1 1RB, United Kingdom, Brighton, East Sussex, The Portland Building, 27-28 Church Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.