First Underwriting Limited

Active07857938Financial servicesIncorporated 23 Nov 2011 · London

The Company's principal activities as an Underwriting MGA are the provision of insurance products.

Revenue

£11.7m

▼ -13.2% vs prior ~12m period

Profit after tax

£138k

Margin 0.5%

Employees

43

▼ -8.5% vs prior ~12m period

Net assets

£3.8m

Total assets £31.0m

Financial history

Revenue by accounting period

6 periods available · ▲ growth ▼ decline

Dec 2019
Not available
Dec 2020
Not available
Dec 2021
Not available
Dec 2022
£13.5m
Dec 2023
£11.7m▼ -13.2%
Dec 2024
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2024——£402k43£3.8m
31 Dec 2023£11.7m▼ -13.2%£138k47£837k
31 Dec 2022£13.5m—-£1.3m50£459k
31 Dec 2021——£21k47£1.8m
31 Dec 2020———44£1.8m
31 Dec 2019———33£1.7m

Latest available figures

Period ending 31 Dec 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£11.7m
Gross profit
£7.5m
Operating profit
£60k
Profit before tax
£138k
Profit after tax
£138k

Balance sheet

Total assets
£31.0m
Cash
£14.4m
Total liabilities
£27.2m
Net assets
£3.8m
Revenue per employee
Not available

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