trenwick underwriting limited

1.5

trenwick underwriting limited Company Information

Share TRENWICK UNDERWRITING LIMITED
Live 
MatureMicro

Company Number

02549227

Registered Address

floor 29 22 bishopsgate, london, EC2N 4BQ

Industry

Non-life insurance

 

Telephone

-

Next Accounts Due

September 2024

Group Structure

View All

Directors

Gavin Phillips2 Years

Sheldon Lacy1 Years

Shareholders

canopius holdings uk ltd 100%

trenwick underwriting limited Estimated Valuation

£22.4k

Pomanda estimates the enterprise value of TRENWICK UNDERWRITING LIMITED at £22.4k based on a Turnover of £41.7k and 0.54x industry multiple (adjusted for size and gross margin).

trenwick underwriting limited Estimated Valuation

£0

Pomanda estimates the enterprise value of TRENWICK UNDERWRITING LIMITED at £0 based on an EBITDA of £-2k and a 7.66x industry multiple (adjusted for size and gross margin).

trenwick underwriting limited Estimated Valuation

£0

Pomanda estimates the enterprise value of TRENWICK UNDERWRITING LIMITED at £0 based on Net Assets of £0 and 1.39x industry multiple (adjusted for liquidity).

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Trenwick Underwriting Limited Overview

Trenwick Underwriting Limited is a live company located in london, EC2N 4BQ with a Companies House number of 02549227. It operates in the non-life insurance sector, SIC Code 65120. Founded in October 1990, it's largest shareholder is canopius holdings uk ltd with a 100% stake. Trenwick Underwriting Limited is a mature, micro sized company, Pomanda has estimated its turnover at £41.7k with unknown growth in recent years.

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Trenwick Underwriting Limited Health Check

Pomanda's financial health check has awarded Trenwick Underwriting Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £41.7k, make it smaller than the average company (£1.9m)

£41.7k - Trenwick Underwriting Limited

£1.9m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Trenwick Underwriting Limited

- - Industry AVG

production

Production

with a gross margin of 97%, this company has a comparable cost of product (97%)

97% - Trenwick Underwriting Limited

97% - Industry AVG

profitability

Profitability

an operating margin of -4.8% make it less profitable than the average company (17.8%)

-4.8% - Trenwick Underwriting Limited

17.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (32)

1 - Trenwick Underwriting Limited

32 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Trenwick Underwriting Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £41.7k, this is less efficient (£155.4k)

£41.7k - Trenwick Underwriting Limited

£155.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 236 days, this is near the average (236 days)

236 days - Trenwick Underwriting Limited

236 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Trenwick Underwriting Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Trenwick Underwriting Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 28 weeks, this is more cash available to meet short term requirements (16 weeks)

28 weeks - Trenwick Underwriting Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (83.6%)

100% - Trenwick Underwriting Limited

83.6% - Industry AVG

trenwick underwriting limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Trenwick Underwriting Limited Competitor Analysis

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Perform a competitor analysis for trenwick underwriting limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

trenwick underwriting limited Ownership

TRENWICK UNDERWRITING LIMITED group structure

Trenwick Underwriting Limited has no subsidiary companies.

Ultimate parent company

CANOPIUS GROUP LTD

#0115158

2 parents

TRENWICK UNDERWRITING LIMITED

02549227

TRENWICK UNDERWRITING LIMITED Shareholders

canopius holdings uk ltd 100%

trenwick underwriting limited directors

Trenwick Underwriting Limited currently has 2 directors. The longest serving directors include Mr Gavin Phillips (Jan 2022) and Mr Sheldon Lacy (Nov 2022).

officercountryagestartendrole
Mr Gavin PhillipsUnited Kingdom54 years Jan 2022- Director
Mr Sheldon LacyUnited Kingdom47 years Nov 2022- Director

TRENWICK UNDERWRITING LIMITED financials

EXPORTms excel logo

Trenwick Underwriting Limited's latest turnover from December 2022 is estimated at £41.7 thousand and the company has net assets of 0. According to their latest financial statements, we estimate that Trenwick Underwriting Limited has 1 employee and maintains cash reserves of £54 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover41,68933,373000000000000
Other Income Or Grants00000000000000
Cost Of Sales1,269834000000000000
Gross Profit40,42032,539000000000000
Admin Expenses42,41532,696000-61,00100000000
Operating Profit-1,995-15700061,00100000000
Interest Payable00000000000000
Interest Receivable1,99515800072800000000
Pre-Tax Profit0000061,72800000000
Tax00000-11,72800000000
Profit After Tax0000050,00000000000
Dividends Paid00000000000000
Retained Profit0000050,00000000000
Employee Costs00000000000000
Number Of Employees11110011100000
EBITDA*-1,995-15700061,00100000000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets00000000000000
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets00000000000000
Stock & work in progress00000000000000
Trade Debtors27,00021,00016,00023,00000409,000479,000283,00000000
Group Debtors0018,00010,0000000000000
Misc Debtors19,00019,000000000000000
Cash54,00060,00066,00067,00000291,000221,000417,00000000
misc current assets00000000000000
total current assets100,000100,000100,000100,00000700,000700,000700,00000000
total assets100,000100,000100,000100,00000700,000700,000700,00000000
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 00000000000000
Group/Directors Accounts00100,000100,00000700,000700,000700,00000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities100,000100,000000000000000
total current liabilities100,000100,000100,000100,00000700,000700,000700,00000000
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities00000000000000
total liabilities100,000100,000100,000100,00000700,000700,000700,00000000
net assets00000000000000
total shareholders funds00000000000000
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-1,995-15700061,00100000000
Depreciation00000000000000
Amortisation00000000000000
Tax00000-11,72800000000
Stock00000000000000
Debtors6,0006,0001,00033,0000-409,000-70,000196,000283,00000000
Creditors00000000000000
Accruals and Deferred Income0100,000000000000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations-7,99593,843-1,000-33,0000458,27370,000-196,000-283,00000000
Investing Activities
capital expenditure00000000000000
Change in Investments00000000000000
cash flow from investments00000000000000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts0-100,0000100,0000-700,00000700,00000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue00000-50,00000000000
interest1,99515800072800000000
cash flow from financing1,995-99,8420100,0000-749,27200700,00000000
cash and cash equivalents
cash-6,000-6,000-1,00067,0000-291,00070,000-196,000417,00000000
overdraft00000000000000
change in cash-6,000-6,000-1,00067,0000-291,00070,000-196,000417,00000000

P&L

December 2022

turnover

41.7k

+25%

operating profit

-2k

0%

gross margin

97%

-0.56%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2022

net assets

0

0%

total assets

100k

0%

cash

54k

-0.1%

net assets

Total assets minus all liabilities

trenwick underwriting limited company details

company number

02549227

Type

Private limited with Share Capital

industry

65120 - Non-life insurance

incorporation date

October 1990

age

34

accounts

Full Accounts

ultimate parent company

CANOPIUS GROUP LTD

previous names

chartwell underwriting limited (July 2002)

archer underwriting limited (September 1998)

See more

incorporated

UK

address

floor 29 22 bishopsgate, london, EC2N 4BQ

last accounts submitted

December 2022

trenwick underwriting limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to trenwick underwriting limited.

charges

trenwick underwriting limited Companies House Filings - See Documents

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