CHALLENGE GROUP BROKERS (UK) LIMITED

UNIT 102 PORTSOKEN HOUSE, 155-157 MINORIES, LONDON, EC3N 1LJ

Company Number: 08024885
Incorporation date: 11-Apr-2012
Status: Active
Entity type: Private Limited Company

SIC codes:
65202 Non-life reinsurance





SUMMARY

This company is 12 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 705.1 thousand which has increased from GBP 275.1 thousand in the previous year. The latest reported revenue figure is GBP 1.1 million which is up 60% on previous year's figure of GBP 689.3 thousand. The company has 2 active officers (directors or partners) who are or were officers of 16 other companies, 1 (6.3%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 1,071,558 47,800 7,287 2,124 13,052 39,911
31-Dec-2018 GBP 689,254 99,391 246 27,549 71,596
31-Dec-2017 GBP 487,384 122,432 23,754 98,678
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 4,079,091 1,601,114 80,709 400,000 305,055 705,055
31-Dec-2018 GBP 1,079,091 1,884,353 1,601,111 10,000 265,144 275,144
31-Dec-2017 GBP 235,633 726,159 537,196 10,000 222,304 232,304
31-Dec-2013 monetaryAccounts 11,729 11,729 7,600 10,000 -5,871 4,129
31-Dec-2012 monetaryAccounts 9,377 9,377 9,377 9,377

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2019 GBP 97.50% 390,000 10,000 400,000 -2,333,737
31-Dec-2013 monetaryAccounts 6.23% 623 9,377 10,000 -865
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Elena BREDIKHINA 05 Nov 2018 29 Mar 2024 1 - 0
Resigned Stuart Robert CATT 01 Jan 2014 05 Nov 2018 0 - 1
Resigned Marion Elizabeth CATT 30 Jun 2012 01 Jan 2014 0 - 1
Resigned Elena BREDIKHINA 11 Apr 2012 30 Jun 2012 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Andrew John AINSLIE 17 Jun 2022 Insurance Broker British 1 - 00 (0.0%)
Resigned Stuart Robert CATT 21 Mar 2018 05 Nov 2018 Reinsurance Broker British 1 - 41 (20.0%)
Resigned Elena BREDIKHINA 27 Dec 2012 17 Jun 2022 Company Director Russian 0 - 40 (0.0%)
Resigned Elena BREDIKHINA 11 Apr 2012 30 Jun 2012 Company Director Russian 0 - 40 (0.0%)
Resigned Georgy LAVRISHCHEV 11 Apr 2012 30 Jun 2012 Company Director Russian 0 - 30 (0.0%)
Resigned Iryna SHEVIAKOVA 11 Apr 2012 30 Jun 2012 Company Director Belarus 0 - 30 (0.0%)
Active Charles James CATT 11 Apr 2012 Company Director British 13 - 53 (16.7%)
Number of active directors: 2
Average tenure of active directors: 6.9 years
Average tenure of resigned directors: 2.2 years
Average active director Dissolution Rate: 8.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
INTERNATIONAL UNDERWRITING ASSOCIATION OF LONDON LIMITED (01244052) - Active
C.J.C. CONSULTANCY LIMITED (01720166) - Active
XL SERVICES UK LIMITED (02816304) - Converted / Closed
HUGHES & PARTNERS LIMITED (03643596) - Active
EAST PECKHAM VILLAGE HALL (03650458) - Active
COSMOS RISK SOLUTIONS LIMITED (04333553) - Active
REINSURANCE RECOVERIES LIMITED (04333554) - Active
LA LA TREASURES LIMITED (04333651) - Active
NEXT HORIZON HOLDINGS LIMITED (04336709) - Active
REINSURANCE RECOVERIES LIMITED (05175140) - Dissolved
CHALLENGE GROUP (UK) LIMITED (07996568) - Active
CHALLENGE GROUP LIVESTOCK LIMITED (07996620) - Active
CHALLENGE GROUP BROKERS (UK) LIMITED (08024885) - Active
CHALLENGE RISK MANAGEMENT LIMITED (09914031) - Active
CHALLENGE GROUP RISK MANAGEMENT LIMITED (09916341) - Active
CHALLENGE GROUP UNDERWRITING SERVICES LIMITED (09945943) - Active
CHALLENGE UNDERWRITING SERVICES LIMITED (09948931) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2019-11-242015-12-042014-12-042013-12-042012-12-04
CHALLENGE GROUP HOLDINGS PTE. LTD.ORDINARY400,000
100%
10,000
100%
10,000
100%
10,000
100%
0
0%
CHALLENGE GROUP HOLDINGS PTE. LTD.ORD0
0%
0
0%
0
0%
0
0%
100
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

CHALLENGE GROUP BROKERS (UK) LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 65202 Non-life reinsurance)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
TRANSRE LONDON LIMITED CORN EXCHANGE, 55 MARK LANE, LONDON, EC3R 7NE 08506758 2018-12-31 228,592,000 8,893,000
FLOOD RE LIMITED 75 KING WILLIAM STREET, LONDON, ENGLAND, EC4N 7BE 08670444 2018-03-31 155,011,000 109,730,000
LEGAL & GENERAL PENSIONS LIMITED ONE COLEMAN STREET, LONDON, EC2R 5AA 05935873 2017-12-31 80,143,000 0
SIRIUS INTERNATIONAL CORPORATE MEMBER LIMITED FLOOR 4, 20, FENCHURCH STREET, LONDON, UNITED KINGDOM, EC3M 3BY 07630350 2017-12-31 28,038,000 -22,443,000
P D ADVISORY LIMITED 150 MINORIES, LONDON, ENGLAND, EC3N 1LS 08927883 2018-12-31 190,573 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
CHALLENGE GROUP BROKERS (UK) LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
Do you have a dispute with a business?
Make it public