CompanyTrack
T

TESCO UNDERWRITING LIMITED

Active Reigate

Non-life insurance

0 employees Website
Non-life insurance
T

TESCO UNDERWRITING LIMITED

Non-life insurance

Founded 20 Jul 2009 Active Reigate, United Kingdom 0 employees tescoinsurance.com
Non-life insurance
Accounts Submitted 16 May 2025
Confirmation Statement Submitted 22 Jul 2025
Net assets £266.10M £63.40M 2024 year on year
Total assets £1061.20M £189.50M 2024 year on year
Total Liabilities £795.10M £126.10M 2024 year on year
Charges None No charges registered

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Contact & Details

Registered Address

The Omnibus Building Lesbourne Road Reigate Surrey RH2 7LD United Kingdom

Credit Report

Discover TESCO UNDERWRITING LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£87.10M

Increased by £33.70M (+63%)

Net Assets

£266.10M

Increased by £63.40M (+31%)

Total Liabilities

£795.10M

Increased by £126.10M (+19%)

Turnover

£19.70M

Decreased by £600.00k (-3%)

Employees

N/A

Decreased by 365 (-100%)

Debt Ratio

75%

Decreased by 2 (-3%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
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 42,333,333 Shares £42.33m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
17 Feb 202542,333,333£42.33m£1

Officers

Officers

8 active 37 resigned
Status
Caroline Frances RamsayDirectorBritishUnited Kingdom6321 Jul 2016Active
Craig Peter BundellDirectorBritishUnited Kingdom454 Jul 2025Active
Elizabeth Mary BuckleyDirectorIrishUnited Kingdom571 Apr 2024Active
Gail Evelyn StiveySecretaryUnknownUnknown4 Jul 2025Active
Gary John Charles ReaderDirectorBritishUnited Kingdom6223 Jan 2025Active
Gillian Barbara CassDirectorBritishUnited Kingdom4929 Nov 2024Active
Jonathan Paul GreenwoodDirectorBritishUnited Kingdom5729 Sept 2025Active
Margot CroninDirectorIrishUnited Kingdom626 Sept 2018Active

Shareholders

Shareholders (4)

Tesco Personal Finance Group Limited
37.8%
64,963,50122 Jul 2025
Tesco Personal Finance Limited
0.0%
022 Jul 2025
Tesco Personal Finance Limited
0.0%
022 Jul 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased

Tesco Personal Finance Group Limited

United Kingdom

Active
Notified 19 Feb 2025
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Tesco Personal Finance Plc

Ceased 19 Feb 2025

Ceased

Ageas (uk) Limited

Ceased 9 Jul 2021

Ceased

Group Structure

Group Structure

TESCO PERSONAL FINANCE GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
TESCO PLC united kingdom
TESCO UNDERWRITING LIMITED Current Company

Charges

Charges

No charges registered

Documents

Company Filings

DateCategoryDescriptionDocument
7 Nov 2025OfficersAppointment of Mrs Julie Louise Currie as director on 2025-10-31View(2 pages)
9 Oct 2025OfficersAppointment of Jonathan Paul Greenwood as director on 2025-09-29View(2 pages)
22 Jul 2025Confirmation StatementConfirmation statement made on 2025-07-09 with updatesView(5 pages)
11 Jul 2025OfficersAppointment of Craig Peter Bundell as director on 2025-07-04View(2 pages)
11 Jul 2025OfficersAppointment of Gail Evelyn Stivey as director on 2025-07-04View(2 pages)
7 Nov 2025 Officers

Appointment of Mrs Julie Louise Currie as director on 2025-10-31

9 Oct 2025 Officers

Appointment of Jonathan Paul Greenwood as director on 2025-09-29

22 Jul 2025 Confirmation Statement

Confirmation statement made on 2025-07-09 with updates

11 Jul 2025 Officers

Appointment of Craig Peter Bundell as director on 2025-07-04

11 Jul 2025 Officers

Appointment of Gail Evelyn Stivey as director on 2025-07-04

Recent Activity

Latest Activity

Appointment of Mrs Julie Louise Currie as director on 2025-10-31

3 months ago on 7 Nov 2025

Appointment of Jonathan Paul Greenwood as director on 2025-09-29

4 months ago on 9 Oct 2025

Confirmation statement made on 2025-07-09 with updates

6 months ago on 22 Jul 2025

Appointment of Craig Peter Bundell as director on 2025-07-04

7 months ago on 11 Jul 2025

Appointment of Gail Evelyn Stivey as director on 2025-07-04

7 months ago on 11 Jul 2025