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Accelerate Underwriting Limited

09640934

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)
  • Negative net worth (-10)

Details

1 GREAT TOWER STREET, LONDON, EC3R 5AA
Incorporated 16/06/2015

Compliance

Last accounts

31/12/2024

small

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 15/06/2025

Due 29/06/2026

On track

Industry

65120
Non-life insurance

Officers

Mr Scott Brown

director · Since 17/09/2015

MANAGING GENERAL AGENT (INSURANCE UNDERW

BRITISH · ENGLAND · Age 52

Jitendra Patel

secretary · Since 01/09/2024

Mr Michael David Simon Edgeley

director · Since 01/11/2024

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 70 other boards

Mrs Mandy Hunt

director · Since 01/11/2024

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Mr Timothy John Money

director · Since 01/11/2024

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 74 other boards

Persons with Significant Control

Minority Venture Partners 10 Limited

25–50% shares
25–50% votes
Appoint directors

Venture House, St. Leonards Road, Maidstone, ME16 0LS

Reg: 12223028 · England And Wales · Private Limited Company

Notified 19/02/2021

Clear Group (Holdings) Limited

50–75% shares
50–75% votes
Appoint directors

1, Great Tower Street, London, EC3R 5AA

Reg: 04519291 · Registrar Of Companies At Companies House · Private Company Limited By Shares

Notified 01/09/2024

Former PSCs

Resolution Underwriting Holdings Ltd

Ceased 19/02/2021

Mr Scott Brown

Ceased 01/09/2024

Charges0 outstanding

Charge
satisfied

MINORITY VENTURE PARTNERS 10 LIMITED

Created 19/02/2021Registered 24/02/2021Satisfied 30/10/2025

CompanyRankvs 16490+ SIC 65120 peers
45

Financial strength1th percentile among SIC peers · 0/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 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.

Liquidity6/20 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.

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

Key FinancialsYear ending 31/12/2023

Net Worth

-£390k

Balance sheet strength

Cash

£548k

Cash in the bank

Net Current Assets

-£822k

Working capital

Current Assets

£916k

Current Liabilities

£1.7M

Fixed Assets

£463k

Debtors

£333k

Profit After Tax

£589k

12avg. employees+1

Balance Sheet

Intangible assets£457k
Assets less current liabilities-£359k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.53+£589k
20220.51+£450k
20210.28+£400k
20200.16+£284k
20190.19

Derived from filed accounts. Not audited figures.