PEN UNDERWRITING LIMITED

Active London

Non-life insurance

0 employees website.com
Financial services Non-life insurance
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PEN UNDERWRITING LIMITED

Non-life insurance

Founded 7 Jul 2004 Active London, United Kingdom 0 employees website.com
Financial services Non-life insurance

Previous Company Names

OIM UNDERWRITING LIMITED 17 Sept 2008 — 29 Sept 2015
OXYGEN INSURANCE MANAGERS LIMITED 7 Oct 2004 — 17 Sept 2008
OXYGEN INSURANCE INTERMEDIARIES EMA LIMITED 7 Jul 2004 — 7 Oct 2004
Accounts Submitted 21 Jul 2025 Next due 30 Sept 2026 4 months remaining
Confirmation Submitted 3 Jul 2025 Next due 13 Jul 2026 1 month remaining
Net assets £64M £3M 2024 year on year
Total assets £315M £8M 2024 year on year
Total Liabilities £251M £11M 2024 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

The Walbrook Building 25 Walbrook London EC4N 8AW

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for PEN UNDERWRITING LIMITED (05172311), an active financial services company based in London, United Kingdom. Incorporated 7 Jul 2004. 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 full
Next accounts 31 Dec 2025
Due by 30 Sept 2026 4 months remaining

Balance Sheet & P&L (2014–2024)

Cash in Bank

£89.08M

Increased by £6.28M (+8%)

Net Assets

£64.42M

Increased by £3.31M (+5%)

Total Liabilities

£250.90M

Decreased by £11.44M (-4%)

Turnover

£86.13M

Increased by £8.79M (+11%)

Employees

N/A

Debt Ratio

80%

Decreased by 1 (-1%)

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 6,030,000 Shares £0 Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
30 Apr 20136,030,000£0£0

Officers

Officers

0 active 3 resigned
Status

No officers found

No officers found

Shareholders

Shareholders (1)

Gallagher Holdings (uk) Limited
100.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active
Active
Notified 30 Sept 2016
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Group Structure

Group Structure

PEN UNDERWRITING LIMITED Current Company
ZENNOR LIMITED united kingdom

Charges

Charges

No charges registered

Properties

Properties

3 leasehold 3 total
AddressTenurePrice PaidDate Added
Ground Floor Office, Kings Court, 41-51 Kingston Road, Leatherhead (KT22 7SL) MOLE VALLEY
Leasehold-2 Aug 2021
Ground Floor Office Kings Court, 41-51 Kingston Road, Leatherhead (KT22 7SL) MOLE VALLEY
Leasehold-2 Aug 2021
Third Floor Premises, The Galleria, Station Road, Crawley (RH10 1WW) CRAWLEY
Leasehold-27 Nov 2019
Ground Floor Office, Kings Court, 41-51 Kingston Road, Leatherhead (KT22 7SL)
Leasehold
Added 2 Aug 2021
District MOLE VALLEY
Ground Floor Office Kings Court, 41-51 Kingston Road, Leatherhead (KT22 7SL)
Leasehold
Added 2 Aug 2021
District MOLE VALLEY
Third Floor Premises, The Galleria, Station Road, Crawley (RH10 1WW)
Leasehold
Added 27 Nov 2019
District CRAWLEY

Documents

Company Filings

DateCategoryDescriptionDocument
2 Mar 2026OfficersTermination of James Drummond-Smith as director on 28 Feb 2026
28 Oct 2025OfficersAppointment of David James Rush as director on 27 Oct 2025
8 Oct 2025IncorporationMemorandum Articles
8 Oct 2025ResolutionResolutions
2 Sept 2025OfficersChange to director Mr Simon Anthony Green on 13 Jul 2017
2 Mar 2026 Officers

Termination of James Drummond-Smith as director on 28 Feb 2026

28 Oct 2025 Officers

Appointment of David James Rush as director on 27 Oct 2025

8 Oct 2025 Incorporation

Memorandum Articles

8 Oct 2025 Resolution

Resolutions

2 Sept 2025 Officers

Change to director Mr Simon Anthony Green on 13 Jul 2017

Recent Activity

Latest Activity

Termination of James Drummond-Smith as director on 28 Feb 2026

3 months ago on 2 Mar 2026

Appointment of David James Rush as director on 27 Oct 2025

7 months ago on 28 Oct 2025

Memorandum Articles

7 months ago on 8 Oct 2025

Resolutions

7 months ago on 8 Oct 2025

Change to director Mr Simon Anthony Green on 13 Jul 2017

9 months ago on 2 Sept 2025