Do you have a dispute with a business?
Make it public
CHALLENGE GROUP BROKERS (UK) LIMITED
UNIT 102 PORTSOKEN HOUSE, 155-157 MINORIES, LONDON, EC3N 1LJCompany 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-2024Accounts 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 |
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 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY 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 - 0 | 0 (0.0%) | |
Resigned | Stuart Robert CATT | 21 Mar 2018 | 05 Nov 2018 | Reinsurance Broker | British | 1 - 4 | 1 (20.0%) |
Resigned | Elena BREDIKHINA | 27 Dec 2012 | 17 Jun 2022 | Company Director | Russian | 0 - 4 | 0 (0.0%) |
Resigned | Elena BREDIKHINA | 11 Apr 2012 | 30 Jun 2012 | Company Director | Russian | 0 - 4 | 0 (0.0%) |
Resigned | Georgy LAVRISHCHEV | 11 Apr 2012 | 30 Jun 2012 | Company Director | Russian | 0 - 3 | 0 (0.0%) |
Resigned | Iryna SHEVIAKOVA | 11 Apr 2012 | 30 Jun 2012 | Company Director | Belarus | 0 - 3 | 0 (0.0%) |
Active | Charles James CATT | 11 Apr 2012 | Company Director | British | 13 - 5 | 3 (16.7%) |
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 | ||||
---|---|---|---|---|---|---|
2019-11-24 | 2015-12-04 | 2014-12-04 | 2013-12-04 | 2012-12-04 | ||
CHALLENGE GROUP HOLDINGS PTE. LTD. | ORDINARY | 400,000 100% | 10,000 100% | 10,000 100% | 10,000 100% | 0 0% |
CHALLENGE GROUP HOLDINGS PTE. LTD. | ORD | 0 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 |