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Nucleus Underwriting Limited

09325952

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

7TH FLOOR CORN EXCHANGE, LONDON, EC3R 7NE
Incorporated 25/11/2014

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/11/2025

Due 14/12/2026

On track

Industry

66220
Activities of insurance agents and brokers

Officers

Andrew Stewart Hunter

secretary · Since 03/01/2023

Mr Clive Adam Nathan

director · Since 03/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 24 other boards

Persons with Significant Control

Brown & Brown Mga Holdco (Uk) Limited

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

7th Floor, Corn Exchange, 55 Mark Lane, London, EC3R 7NE

Reg: 08708482 · Companies House · Private Company Limited By Shares

Notified 24/06/2024

Former PSCs

Mr James Mchugh

Ceased 03/01/2023

Mrs Alison Mchugh

Ceased 25/11/2022

Camberford Holdco Limited

Ceased 24/06/2024

CompanyRankvs 1248+ SIC 66220 peers
77

Financial strength92th percentile among SIC peers · 23/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.71× · 16/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees11/15 pts

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

Liquidity16/20 pts

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

Longevity12/15 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.

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

Key FinancialsYear ending 31/12/2022

Net Worth

£514k

Balance sheet strength

Cash

£798k

Cash in the bank

Net Current Assets

£513k

Working capital

Current Assets

£1.2M

Current Liabilities

£721k

Fixed Assets

£2k

Debtors

£436k

3avg. employees

Balance Sheet

Assets less current liabilities£515k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20221.71+£367k
20211.20-£10k
20201.40+£125k
20191.07+£16k
20181.05

Derived from filed accounts. Not audited figures.