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Eridge Underwriting Agency Ltd

09574780

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

2ND FLOOR ST JAMES HOUSE, ROMFORD, RM1 3NH
Incorporated 05/05/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance

Officers

Mr John George Hamilton

director · Since 05/05/2015

INSURANCE MANAGER

BRITISH · ENGLAND · Age 61

Also on 1 other board

Ms Julie Louise Adams-Moore

director · Since 29/04/2022

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 44

Also on 7 other boards

Mr Neil Patrick Manvell

director · Since 06/09/2023

NONE

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Mr Ciaran John Astin

director · Since 22/05/2024

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Ms Aisling Katherine Saunders

secretary · Since 30/09/2024

Persons with Significant Control

Kgm Underwriting Services Limited

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

2nd Floor, St James House, Romford, RM1 3NH

Reg: 10581020 · Companies House · Private Company Limited By Shares

Notified 29/04/2022

Former PSCs

Mr John George Hamilton

Ceased 29/04/2022

Christopher Paul Gerard Mccann

Ceased 29/04/2022

Mr Malcolm John Clemitson

Ceased 29/04/2022

Xs Direct Group Investments Designated Activity Company

Ceased 29/04/2022

Charges2 outstanding

Charge
outstanding

MORGAN STANLEY SENIOR FUNDING, INC.

Created 13/06/2024Registered 18/06/2024
Charge
satisfied

WILMINGTON TRUST, NATIONAL ASSOCIATION

Created 17/07/2023Registered 20/07/2023Satisfied 24/12/2024
Charge
outstanding

MORGAN STANLEY SENIOR FUNDING, INC. AS COLLATERAL AGENT

Created 17/07/2023Registered 19/07/2023

CompanyRankvs 532+ SIC 65120 peers
63

Financial strength88th percentile among SIC peers · 22/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.39× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 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.

Longevity11/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2021

Net Worth

£667k

Balance sheet strength

Cash

£5.3M

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£7.9M

Current Liabilities

£5.7M

Fixed Assets

£2k

Debtors

£2.6M

10avg. employees

Balance Sheet

Assets less current liabilities£2.2M
Signed by 09574780 2021-01-01 2021-12-31 09574780 2021-12-31 09574780 bus:OrdinaryShareClass2 2021-12-31 09574780 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20211.39-£741k
20201.17+£771k
20191.27+£203k
20181.36

Derived from filed accounts. Not audited figures.