# Audit result

*The business owner, finding out what their own books say they need and what it would cost.*

- Business: Swiftline Couriers Ltd (`swiftline-couriers`), fictional, with synthetic transactions
- Rendered from: https://itspickle.app/audit?demo=swiftline-couriers
- As JSON: https://itspickle.app/api/audit?demo=swiftline-couriers

## The verdict

**Employers' Liability is legally required and is not held**

Wages are going out of the ledger, so at least one person is employed. A ledger cannot show how many, so the headcount still needs confirming. The Employers' Liability (Compulsory Insurance) Act 1969 makes cover a duty from the first employee and sets the floor at £5,000,000. Most policies are written at £10,000,000.

1 urgent finding, 4 findings in total, across 3 cover lines.

## The position

What the books indicate, against what is actually held.

| Cover | Basis | Indicated | Held |
|---|---|---|---|
| Employers' Liability | legal | £10,000,000 | nothing on file |
| Public Liability | exposure | £1,000,000 | nothing on file |
| Legal Expenses | recommended | null | nothing on file |

## Findings

| Severity | Finding | Detail |
|---|---|---|
| attention | This trade routes to a specialist product line | Carriage of goods for hire and reward needs the courier product, not standard PL. |
| urgent | Employers' Liability is legally required and is not held | Wages are going out of the ledger, so at least one person is employed. A ledger cannot show how many, so the headcount still needs confirming. The Employers' Liability (Compulsory Insurance) Act 1969 makes cover a duty from the first employee and sets the floor at £5,000,000. Most policies are written at £10,000,000. |
| attention | No Public Liability recorded | Covers the cost when the work injures somebody else or damages their property. £1,000,000 is the usual level for a courier. |
| good | No Legal Expenses recorded | Covers the legal bill when there is a dispute. Once there are staff there can be an employment tribunal, which is the most common legal expenses claim at this size of business. |

## What was read

| Source | Read | Detail |
|---|---|---|
| companies_house | yes | Swiftline Couriers Ltd (12776301), SIC 53202 |
| website | yes | Reads as courier (high confidence) |
| transactions | yes | 72 rows over 12 months. payroll £86,880/yr, subcontractors £25,200/yr |

## The profile

- Company: Swiftline Couriers Ltd, number 12776301
- Trade: courier (high confidence, from website)
- Turnover band: 150k_200k
- Employees: 1 (low confidence)
- Payroll run rate: £86,880
- Register: 0 items, tools at not known replacement value

Payroll proves at least one employee, never how many. A single-employee company whose employee owns
50% or more of the shares is exempt from compulsory employers' liability.

## Still to confirm

- **How many people does the business employ, excluding directors and partners?** Found: At least 1, from wages running at about £86,880 a year over 12 months (transactions, low confidence)
- **Which types of location does the business work at?** Found: Not determined from the website (inferred, low confidence)

## Indicative price

£23.79 to £37.21 a month, £285 to £447 a year.

Anchored on Admiral Business's published Public Liability rate of £6.07 a month (single carpenter, £1,000,000 cover, as at 22 April 2026). Employers' Liability: 1 employee at £5 for the first and £3.5 thereafter, × 1.60 trade risk. Public Liability: £6.07 anchor × 1.6 trade risk × 1 cover level × 1.75 turnover. Legal Expenses: flat £5.5. Band is ±22%.

This is a band derived from published rates. It is not a quote, it is not an offer of cover, and
nothing on this deployment can bind cover.

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Illustrative only. This is a statement of demands and needs based on public records and information you confirm, not a personal recommendation or a quote. Prices are banded estimates derived from published rates and are not an offer of cover.