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Corin Underwriting Limited

10149990

active
Private Limited Company
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

CUMBERLAND HOUSE, SOUTHEND-ON-SEA, SS2 6HZ
Incorporated 27/04/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Daniel Sebastian Gibson

director · Since 27/04/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mr Andy-Jon Hurrell

director · Since 27/04/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Mr Thomas Douglas Martin Stephenson

director · Since 27/04/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 5 other boards

Mr Thomas Douglas Martin Stephenson

secretary · Since 06/04/2022

Also on 5 other boards

Persons with Significant Control

Cug Holdings Limited

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

Cumberland House, 24-28 Baxter Avenue, Southend-On-Sea, SS2 6HZ

Reg: 14475555 · Register Of Companies · Limited Company

Notified 06/02/2023

Former PSCs

Mr Anthony Colin Mccallum

Ceased 06/02/2023

Mr Thomas Douglas Martin Stephenson

Ceased 04/10/2017

Mr Daniel Sebastian Gibson

Ceased 06/02/2023

Mr Andy-Jon Hurrell

Ceased 06/02/2023

Mr George Edward Lloyd-Roberts

Ceased 04/10/2017

Mr Thomas Douglas Martin Stephenson

Ceased 06/02/2023

Mr George Edward Lloyd-Roberts

Ceased 06/02/2023

Charges0 outstanding

Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 12/12/2022Registered 14/12/2022Satisfied 23/01/2026

CompanyRankvs 221+ SIC 66220 peers
75

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.98× · 20/20
Longevity10 years trading (max 15) · 10/15
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.

Employees15/15 pts

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

Liquidity20/20 pts

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

Longevity10/15 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

not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent company's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce

Key FinancialsYear ending 31/12/2024

Turnover

£4.0M

Annual revenue

Net Worth

£3.4M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Profit Before Tax

£1.7M

Bottom line earnings

Net Current Assets

£3.3M

Working capital

Current Assets

£4.9M

Current Liabilities

£1.7M

Fixed Assets

£139k

Debtors

£3.1M

Gross Profit

£4.0M

Admin Expenses

£2.4M

Operating Profit

£1.7M

Profit After Tax

£1.2M

22avg. employees

Balance Sheet

Assets less current liabilities£3.4M
Signed by Mr A J Hurrell 16/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20242.98

Derived from filed accounts. Not audited figures.