gravity underwriting limited
gravity underwriting limited Company Information
Company Number
06710911
Next Accounts
Sep 2025
Industry
Activities of insurance agents and brokers
Directors
Shareholders
allied world assurance holdings (ireland) ltd
Group Structure
View All
Contact
Registered Address
19th floor 20 fenchurch street, london, EC3M 3BY
Website
www.gravityunderwriting.comgravity underwriting limited Estimated Valuation
Pomanda estimates the enterprise value of GRAVITY UNDERWRITING LIMITED at £0 based on a Turnover of £0 and 1.05x industry multiple (adjusted for size and gross margin).
gravity underwriting limited Estimated Valuation
Pomanda estimates the enterprise value of GRAVITY UNDERWRITING LIMITED at £0 based on an EBITDA of £-41.5k and a 6.28x industry multiple (adjusted for size and gross margin).
gravity underwriting limited Estimated Valuation
Pomanda estimates the enterprise value of GRAVITY UNDERWRITING LIMITED at £3.4m based on Net Assets of £1.9m and 1.83x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Gravity Underwriting Limited Overview
Gravity Underwriting Limited is a live company located in london, EC3M 3BY with a Companies House number of 06710911. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in September 2008, it's largest shareholder is allied world assurance holdings (ireland) ltd with a 100% stake. Gravity Underwriting Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Gravity Underwriting Limited Health Check
Pomanda's financial health check has awarded Gravity Underwriting Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Gravity Underwriting Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (6.8%)
- - Gravity Underwriting Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Gravity Underwriting Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Gravity Underwriting Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (19)
- Gravity Underwriting Limited
- - Industry AVG
Pay Structure
on an average salary of £52.7k, the company has an equivalent pay structure (£52.7k)
- Gravity Underwriting Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Gravity Underwriting Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Gravity Underwriting Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Gravity Underwriting Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gravity Underwriting Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 339 weeks, this is more cash available to meet short term requirements (33 weeks)
- - Gravity Underwriting Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.1%, this is a lower level of debt than the average (57.3%)
- - Gravity Underwriting Limited
- - Industry AVG
GRAVITY UNDERWRITING LIMITED financials
Gravity Underwriting Limited's latest turnover from December 2023 is 0 and the company has net assets of £1.9 million. According to their latest financial statements, we estimate that Gravity Underwriting Limited has 1 employee and maintains cash reserves of £942.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 4,425 | -82,015 | 13,521 | 460,559 | 600,499 | 1,789,130 | 1,760,613 | 1,774,885 | 1,361,691 | 1,111,966 | ||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||||||||
| Cost Of Sales | 950 | 21 | 0 | ||||||||||||
| Gross Profit | 1,773,935 | 1,361,670 | 1,111,966 | ||||||||||||
| Admin Expenses | 626,807 | 1,302,896 | 906,688 | ||||||||||||
| Operating Profit | -41,531 | -85,421 | -97,235 | -36,242 | 431,145 | -173,392 | 475,009 | 470,988 | 1,147,128 | 58,774 | 205,278 | ||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52,312 | 0 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | -41,531 | -85,421 | -97,235 | -36,242 | 431,145 | -173,392 | 475,009 | 470,988 | 1,147,128 | 6,462 | 205,278 | ||||
| Tax | 0 | 0 | 0 | 81,309 | -84,126 | 26,958 | -96,317 | -98,461 | -241,391 | -13,699 | -47,069 | 0 | |||
| Profit After Tax | -41,531 | -85,421 | -97,235 | 45,067 | 347,019 | -146,434 | 378,692 | 372,527 | 905,737 | -7,237 | 158,209 | 0 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 750,000 | 27,375 | 0 | 0 | 135,805 | 0 | |||
| Retained Profit | -41,531 | -85,421 | -97,235 | 45,067 | 347,019 | -146,434 | -371,308 | 345,152 | 905,737 | -7,237 | 22,404 | 0 | |||
| Employee Costs | 0 | 0 | 0 | 294,021 | 696,324 | 654,006 | 386,754 | ||||||||
| Number Of Employees | 2 | 9 | 9 | 10 | |||||||||||
| EBITDA* | -41,531 | -85,421 | -97,235 | -36,242 | 431,145 | -2,935 | 645,466 | 641,445 | 1,151,295 | 71,659 | 219,077 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,059 | 19,225 | 28,146 | 39,710 | 56,563 | 46,053 | 3,392 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 170,456 | 340,913 | 477,973 | 444,118 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 170,456 | 340,913 | 496,032 | 463,343 | 28,146 | 39,710 | 56,563 | 46,053 | 3,392 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 1,807,382 | 1,903,549 | 1,911,800 | 1,697,945 | 1,795,621 | 1,509,577 | 1,004,717 | 471,574 | 285,128 | 0 | 17,940 | 17,631 | 5,285 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,085,348 | 1,739,151 | 0 | 0 | 0 | 7,879 | 18,237 | 9,093 | 30,325 | 37,367 | 26,680 | 0 | 0 | 0 | 0 |
| Cash | 942,338 | 373,487 | 359,925 | 336,599 | 454,098 | 718,585 | 2,223,838 | 2,571,691 | 1,575,537 | 796,323 | 803,423 | 396,870 | 389,280 | 527,297 | 213,261 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,027,686 | 2,112,638 | 2,167,307 | 2,240,148 | 2,365,898 | 2,424,409 | 4,037,696 | 4,090,361 | 2,610,579 | 1,305,264 | 1,115,231 | 396,870 | 407,220 | 544,928 | 218,546 |
| total assets | 2,027,686 | 2,112,638 | 2,167,307 | 2,240,148 | 2,365,898 | 2,424,409 | 4,208,152 | 4,431,274 | 3,106,611 | 1,768,607 | 1,143,377 | 436,580 | 463,783 | 590,981 | 221,938 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 29,094 | 111,570 | 0 | 0 | 0 | 0 | 0 | 0 | 439 | 0 | 0 | 239,408 | 205,560 | 551,557 | 176,641 |
| Group/Directors Accounts | 86,504 | 56,199 | 39,846 | 21,271 | 84,391 | 197,794 | 280,978 | 219,882 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 28,750 | 20,000 | 117,171 | 111,352 | 219,049 | 511,176 | 2,035,708 | 1,915,178 | 1,124,596 | 699,898 | 153,848 | 0 | 0 | 0 | 0 |
| total current liabilities | 144,348 | 187,769 | 157,017 | 132,623 | 303,440 | 708,970 | 2,316,686 | 2,135,060 | 1,125,035 | 699,898 | 153,848 | 239,408 | 205,560 | 551,557 | 176,641 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 29,593 | 63,033 | 93,547 | 86,417 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 29,593 | 63,033 | 93,547 | 86,417 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 144,348 | 187,769 | 157,017 | 132,623 | 303,440 | 708,970 | 2,346,279 | 2,198,093 | 1,218,582 | 786,315 | 153,848 | 239,408 | 205,560 | 551,557 | 176,641 |
| net assets | 1,883,338 | 1,924,869 | 2,010,290 | 2,107,525 | 2,062,458 | 1,715,439 | 1,861,873 | 2,233,181 | 1,888,029 | 982,292 | 989,529 | 197,172 | 258,223 | 39,424 | 45,297 |
| total shareholders funds | 1,883,338 | 1,924,869 | 2,010,290 | 2,107,525 | 2,062,458 | 1,715,439 | 1,861,873 | 2,233,181 | 1,888,029 | 982,292 | 989,529 | 197,172 | 258,223 | 39,424 | 45,297 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -41,531 | -85,421 | -97,235 | -36,242 | 431,145 | -173,392 | 475,009 | 470,988 | 1,147,128 | 58,774 | 205,278 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,167 | 12,885 | 13,799 | 15,877 | 18,888 | 13,291 | 1,260 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 170,457 | 170,457 | 170,457 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 81,309 | -84,126 | 26,958 | -96,317 | -98,461 | -241,391 | -13,699 | -47,069 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -653,803 | -68,231 | -96,167 | -8,251 | 205,976 | -108,034 | 295,188 | 483,628 | 723,234 | 197,133 | 311,808 | -17,940 | 309 | 12,346 | 5,285 |
| Creditors | -82,476 | 111,570 | 0 | 0 | 0 | 0 | 0 | -439 | 439 | 0 | -239,408 | 33,848 | -345,997 | 374,916 | 176,641 |
| Accruals and Deferred Income | 8,750 | -97,171 | 5,819 | -107,697 | -292,127 | -1,524,532 | 120,530 | 790,582 | 970,748 | 546,050 | 153,848 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -29,593 | -33,440 | -30,514 | 93,547 | 86,417 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 538,546 | -2,791 | 4,751 | -54,379 | -151,084 | -1,422,068 | 341,051 | 818,985 | 1,251,404 | 493,294 | -225,360 | ||||
| Investing Activities | |||||||||||||||
| capital expenditure | -34,622 | 143,482 | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -34,622 | 143,482 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 30,305 | 16,353 | 18,575 | -63,120 | -113,403 | -83,184 | 61,096 | 219,882 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -52,312 | 0 | ||||
| cash flow from financing | 30,305 | 16,353 | 18,575 | -63,120 | -113,403 | -83,184 | 61,096 | 219,882 | -7,237 | -52,312 | 769,953 | ||||
| cash and cash equivalents | |||||||||||||||
| cash | 568,851 | 13,562 | 23,326 | -117,499 | -264,487 | -1,505,253 | -347,853 | 996,154 | 772,114 | -7,100 | 406,553 | 7,590 | -138,017 | 314,036 | 213,261 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 568,851 | 13,562 | 23,326 | -117,499 | -264,487 | -1,505,253 | -347,853 | 996,154 | 772,114 | -7,100 | 406,553 | 7,590 | -138,017 | 314,036 | 213,261 |
gravity underwriting limited Credit Report and Business Information
Gravity Underwriting Limited Competitor Analysis
Perform a competitor analysis for gravity underwriting limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other established companies, companies in EC3M area or any other competitors across 12 key performance metrics.
gravity underwriting limited Ownership
GRAVITY UNDERWRITING LIMITED group structure
Gravity Underwriting Limited has no subsidiary companies.
Ultimate parent company
GRAVITY UNDERWRITING LIMITED
06710911
gravity underwriting limited directors
Gravity Underwriting Limited currently has 1 director, Mr Peter Ford serving since Jan 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Ford | England | 51 years | Jan 2023 | - | Director |
P&L
December 2023turnover
0
-100%
operating profit
-41.5k
-51%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.9m
-0.02%
total assets
2m
-0.04%
cash
942.3k
+1.52%
net assets
Total assets minus all liabilities
gravity underwriting limited company details
company number
06710911
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
September 2008
age
16
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
19th floor 20 fenchurch street, london, EC3M 3BY
Bank
-
Legal Advisor
-
gravity 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 gravity underwriting limited.
gravity underwriting limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for GRAVITY UNDERWRITING LIMITED. This can take several minutes, an email will notify you when this has completed.
gravity underwriting limited Companies House Filings - See Documents
| date | description | view/download |
|---|
