PDC HOLDINGS LIMITED
Company number 05656559 · Monitor this company
Executive summary
PDC Holdings Limited is a thinly capitalised holding company whose financial health is inextricably linked to its subsidiary, Cumbria Insurance Brokers Limited. While technically solvent with slowly improving net assets (£3,258 in 2020, up from £2,452 in 2018), the company carries extreme leverage (debt-to-equity ratio of 16:1) and has negligible liquid resources, making it vulnerable to any impairment of its dominant goodwill asset or disruption to its subsidiary relationship. The steady amortisation of goodwill will continue to erode the asset base, and without capital restructuring or continued support from the subsidiary, the company's financial resilience remains fragile.
Shareholders' funds
£3,258
Balance sheet as at 2020-04-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2005-12-16
- Employees
- 0 (2020 accounts)
- Registered office
- C/O Bms Group, 30 St Mary Axe, London, United Kingdom, EC3A 8AF
- Postcode
- EC3A 8AF
- Capital
- 200 GBP
- Accounts category
- Audit Exemption Subsidiary
- 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
- 2025-12-16
- Next due by
- 2026-12-30
Nature of business (SIC)
- 64205 Activities of financial services holding companies
Officers 3 current · 7 resigned
Group structure 1 subsidiary
From persons-with-significant-control filings on the public register.
Previous registered addresses 1
| Address | Changed on |
|---|---|
| CROWN HOUSE, 64 WHITCHURCH ROAD, CARDIFF, SOUTH GLAMORGAN, CF14 3LX | 2006-01-19 |
Among its peers
Among the oldest 25%
of 1,403 similar companies in EC, trading since 2005
Competitors London
This company ranks 191 among activities of financial services holding companies in London.
The class of 2005
34%
of the 154,486 companies incorporated in 2005 are still active today; 63% have since been dissolved.
A fact about the year, not a forecast for this company.