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Gb Underwriting Ltd

04692971

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

7TH FLOOR, THE ST BOTOLPH BUILDING, LONDON, EC3A 7AW
Incorporated 11/03/2003

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/03/2026

Due 25/03/2027

On track

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Lee David Anderson

director · Since 12/01/2021

DEPUTY CEO

BRITISH · ENGLAND · Age 54

Also on 53 other boards

Mr Joseph James Hanly

director · Since 10/05/2022

GROUP CFO

IRISH · ENGLAND · Age 54

Also on 74 other boards

Ms Eleanor Rachel Borkhataria

secretary · Since 29/09/2022

Mr Neil Keith Nimmo

director · Since 18/02/2026

BRITISH · ENGLAND · Age 65

Also on 5 other boards

Persons with Significant Control

Specialist Risk Group Limited

75–100% shares
75–100% votes
Appoint directors

7th Floor, The St Botolph Building, 138 Houndsditch, London, EC3A 7AW

Reg: 12083334 · Companies House · Private Limited Company

Notified 12/01/2021

Former PSCs

Mr James Thomas Gerry

Ceased 12/01/2021

Mr Russell Brown

Ceased 12/01/2021

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 03/06/2003Registered 05/06/2003Satisfied 02/09/2017

CompanyRankvs 1506+ SIC 66220 peers
59

Financial strength98th percentile among SIC peers · 25/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.49× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2023

Turnover

£2.1M

Annual revenue

Net Worth

£1.9M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Profit Before Tax

£664k

Bottom line earnings

Net Current Assets

£1.8M

Working capital

Current Assets

£5.6M

Current Liabilities

£3.7M

Fixed Assets

£42k

Debtors

£3.9M

Admin Expenses

£1.5M

Operating Profit

£664k

Profit After Tax

£664k

0avg. employees

People Costs

Wages & salaries£988k

Balance Sheet

Intangible assets£5k
Assets less current liabilities£1.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.49+£664k
20221.73-£268k
20212.01+£0
20213.23+£243k
20202.15+£22k
20192.00

Derived from filed accounts. Not audited figures.