GLOBAL AEROSPACE UNDERWRITING MANAGERS LIMITED

Active London

Non-life insurance

339 employees website.com
Financial services Non-life insurance
G

GLOBAL AEROSPACE UNDERWRITING MANAGERS LIMITED

Non-life insurance

Founded 14 Jun 1990 Active London, United Kingdom 339 employees website.com
Financial services Non-life insurance

Previous Company Names

BRITISH AVIATION INSURANCE GROUP LIMITED 18 Oct 1990 — 27 Sept 2000
BAIG UNDERWRITING AGENCY LIMITED 1 Aug 1990 — 18 Oct 1990
HACKREMCO (NO.595) LIMITED 14 Jun 1990 — 1 Aug 1990
Accounts Submitted 18 Aug 2025 Next due 30 Sept 2026 4 months remaining
Confirmation Submitted 27 May 2025 Next due 8 Jun 2026 15 days remaining
Net assets £104M £3M 2024 year on year
Total assets £165M £2M 2024 year on year
Total Liabilities £62M £724K 2024 year on year
Charges 1
1 satisfied

Contact & Details

Contact

Registered Address

Fitzwilliam House 10 St Mary Axe London EC3A 8EQ

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for GLOBAL AEROSPACE UNDERWRITING MANAGERS LIMITED (02512067), an active financial services company based in London, United Kingdom. Incorporated 14 Jun 1990. Non-life insurance. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type group
Next accounts 31 Dec 2025
Due by 30 Sept 2026 4 months remaining

Balance Sheet & P&L (2014–2024)

Cash in Bank

£36.12M

Increased by £8.63M (+31%)

Net Assets

£103.58M

Increased by £2.87M (+3%)

Total Liabilities

£61.68M

Decreased by £724.00k (-1%)

Turnover

£80.75M

Decreased by £10.55M (-12%)

Employees

339

Decreased by 10 (-3%)

Debt Ratio

37%

Decreased by 1 (-3%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
31 Dec Year End
2023
31 Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

1 Allotment 50,420,379 Shares £50.42m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
20 Apr 202050,420,379£50.42m£1

Officers

Officers

0 active 3 resigned
Status

No officers found

No officers found

Shareholders

Shareholders (2)

Münchener Rückversicherungs-gesellschaft Aktiengesellschaft In München
51.0%
Northern States Agency, Inc.
49.0%

Persons with Significant Control

Persons with Significant Control (2)

2 Active

Munchener Ruckversicherungs-gesellschaft Aktiengesellschaft In Munchen

Germany

Active
Notified 6 Apr 2016
Nature of Control
  • Ownership Of Shares 50 To 75 Percent,voting Rights 25 To 50 Percent

Northern States Agency

United States Of America

Active
Notified 6 Apr 2016
Nature of Control
  • Ownership Of Shares 25 To 50 Percent,voting Rights 25 To 50 Percent

Group Structure

Group Structure

Charges

Charges

1 satisfied

Properties

Properties

1 leasehold 1 total
AddressTenurePrice PaidDate Added
Third Floor Premises, Fitzwilliam House, 10 St Mary Axe, London (EC3A 8EN) CITY OF LONDON
Leasehold-30 May 2017
Third Floor Premises, Fitzwilliam House, 10 St Mary Axe, London (EC3A 8EN)
Leasehold
Added 30 May 2017
District CITY OF LONDON

Documents

Company Filings

DateCategoryDescriptionDocument
18 Aug 2025AccountsAnnual accounts made up to 31 Dec 2024
26 Jun 2025Persons With Significant ControlChange to Northern States Agency as a person with significant control on 26 Jun 2025
24 Jun 2025Persons With Significant ControlChange to Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft in Munchen as a person with significant control on 24 Jun 2025
27 May 2025Confirmation StatementConfirmation statement made on 25 May 2025 with no updates
4 Oct 2024AccountsAnnual accounts made up to 31 Dec 2023
18 Aug 2025 Accounts

Annual accounts made up to 31 Dec 2024

26 Jun 2025 Persons With Significant Control

Change to Northern States Agency as a person with significant control on 26 Jun 2025

24 Jun 2025 Persons With Significant Control

Change to Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft in Munchen as a person with significant control on 24 Jun 2025

27 May 2025 Confirmation Statement

Confirmation statement made on 25 May 2025 with no updates

4 Oct 2024 Accounts

Annual accounts made up to 31 Dec 2023

Recent Activity

Latest Activity

Annual accounts made up to 31 Dec 2024

9 months ago on 18 Aug 2025

Change to Northern States Agency as a person with significant control on 26 Jun 2025

11 months ago on 26 Jun 2025

Change to Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft in Munchen as a person with significant control on 24 Jun 2025

11 months ago on 24 Jun 2025

Confirmation statement made on 25 May 2025 with no updates

12 months ago on 27 May 2025

Annual accounts made up to 31 Dec 2023

1 years ago on 4 Oct 2024