FIRST UNDERWRITING LIMITED

07857938
Active London

Activities of insurance agents and brokers

43 employees website.com
Financial services Activities of insurance agents and brokers
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FIRST UNDERWRITING LIMITED

07857938

Activities of insurance agents and brokers

Founded 23 Nov 2011 Active London, England 43 employees website.com
Financial services Activities of insurance agents and brokers

Previous Company Names

XPEKT LIMITED 23 Nov 2011 — 29 Nov 2018
Accounts Submitted 5 Dec 2025 Next due 30 Sept 2026 3 months remaining
Confirmation Submitted 21 Jun 2026 Next due 23 Jun 2027 11 months remaining
Net assets £4M £3M 2024 year on year
Total assets £31M £7M 2024 year on year
Total Liabilities £27M £10M 2024 year on year
Charges 1
1 outstanding

Contact & Details

Contact

Registered Address

Level 15, 30 St. Mary Axe London EC3A 8BF England

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for FIRST UNDERWRITING LIMITED (07857938), an active financial services company based in London, England. Incorporated 23 Nov 2011. Activities of insurance agents and brokers. 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 3 months remaining

Balance Sheet & P&L (2014–2024)

Cash in Bank

£14.37M

Decreased by £4.80M (-25%)

Net Assets

£3.81M

Increased by £2.97M (+355%)

Total Liabilities

£27.23M

Decreased by £10.05M (-27%)

Turnover

£13.44M

Increased by £1.76M (+15%)

Employees

43

Decreased by 4 (-9%)

Debt Ratio

88%

Decreased by 10 (-10%)

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

Funding Rounds 1

Investors (1)

Investor NameInvestor SinceParticipating Rounds
Investor 1Jan 2022Unknown/Other

Share Capital

Share Capital

Share allotments and capital structure

12 Allotments 2,001,228 Shares £157.21m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
15 Nov 20242,000,000£2.00m£2.00m
17 Dec 2019255£0£0
17 Dec 201939£0£0
1 Nov 2018773£155.16m£201k
1 Jul 20179£50k£6k

Officers

Officers

1 active 2 resigned
Status
Boast, Jacqueline DawnDirectorEnglishUnited Kingdom6018 Aug 2021Active

Shareholders

Shareholders (8)

Kingfisher Uk Holdings Limited
100.0%
2,001,162
Kingfisher Uk Holdings Limited
0.0%
8

Persons with Significant Control

Persons with Significant Control (1)

1 Active 5 Ceased
Active
Notified 18 Dec 2020
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Julie Hart

Ceased 20 Dec 2018

Ceased

Nsm Mga Holdings Limited

Ceased 18 Dec 2020

Ceased

Colin Hart

Ceased 20 Dec 2018

Ceased

Julie Hart

Ceased 1 Jul 2017

Ceased

Colin Hart

Ceased 1 Jul 2017

Ceased

Group Structure

Group Structure

FIRST UNDERWRITING LIMITED Current Company
ENTIRE COVER LTD united kingdom

Charges

Charges

1 outstanding

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
21 Jun 2026Confirmation StatementConfirmation statement made on 9 Jun 2026 with updates
17 Feb 2026OfficersAppointment of Mr Stephen John Richards as director on 11 Feb 2026
30 Dec 2025OfficersTermination of Paul Comley as director on 19 Dec 2025
17 Dec 2025OfficersAppointment of Mr Victor Paul Rainsford as director on 14 Aug 2025
17 Dec 2025OfficersTermination of Jonathan Anthony Costello as director on 14 Aug 2025
21 Jun 2026 Confirmation Statement

Confirmation statement made on 9 Jun 2026 with updates

17 Feb 2026 Officers

Appointment of Mr Stephen John Richards as director on 11 Feb 2026

30 Dec 2025 Officers

Termination of Paul Comley as director on 19 Dec 2025

17 Dec 2025 Officers

Appointment of Mr Victor Paul Rainsford as director on 14 Aug 2025

17 Dec 2025 Officers

Termination of Jonathan Anthony Costello as director on 14 Aug 2025

Recent Activity

Latest Activity

Confirmation statement made on 9 Jun 2026 with updates

1 weeks ago on 21 Jun 2026

Appointment of Mr Stephen John Richards as director on 11 Feb 2026

4 months ago on 17 Feb 2026

Termination of Paul Comley as director on 19 Dec 2025

6 months ago on 30 Dec 2025

Appointment of Mr Victor Paul Rainsford as director on 14 Aug 2025

6 months ago on 17 Dec 2025

Termination of Jonathan Anthony Costello as director on 14 Aug 2025

6 months ago on 17 Dec 2025