TRANSRE LONDON LIMITED

CORN EXCHANGE, 55 MARK LANE, LONDON, EC3R 7NE

Company Number: 08506758
Incorporation date: 26-Apr-2013
Status: Active
Entity type: Private Limited Company

SIC codes:
65202 Non-life reinsurance





SUMMARY

This company is 10.9 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of USD 574.9 million which has increased from USD 520.6 million in the previous year. The company has 7 active officers (directors or partners) who are or were officers of 15 other companies, 1 (6.7%) 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 USD
31-Dec-2018 USD
31-Dec-2017 USD
31-Dec-2016 USD
31-Dec-2014 USD
31-Dec-2013 USD


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 USD 93,571,000 500,000,000 62,006,000 574,934,000
31-Dec-2018 USD 57,731,000 500,000,000 32,223,000 520,641,000
31-Dec-2017 USD 97,332,000 500,000,000 23,330,000 519,074,000
31-Dec-2016 USD 53,491,000 500,000,000 27,720,000 522,555,000
31-Dec-2014 USD 38,830,000 500,000,000 -3,784,000 501,025,000
31-Dec-2013 USD 47,363,000 500,000,000 316,000 498,975,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
No information on secretary appointments

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Paul Francis MCKEON 19 Jul 2023 Company Director American 1 - 00 (0.0%)
Active Edward Thomas SHEEHAN III 09 Nov 2022 Finance Director American 1 - 00 (0.0%)
Active Mary Elizabeth Ann GAVIGAN 10 May 2022 Non-Executive Director Irish 1 - 00 (0.0%)
Active Richard Michael Maguire CHATTOCK 10 Feb 2022 Director British 7 - 72 (14.3%)
Active Donna Natasha BYRON 11 May 2021 Human Resources Executive American 1 - 00 (0.0%)
Active Louise Anne ROSE 01 Sep 2019 Reinsurer British 3 - 00 (0.0%)
Resigned Stewart Keith LADERMAN 27 Feb 2018 31 Dec 2021 Director British 0 - 10 (0.0%)
Resigned Mark WINLOW 16 Dec 2013 09 Jun 2022 Director British 0 - 10 (0.0%)
Active Thomas Mark STEPHEN 16 Dec 2013 Chartered Accountant British 1 - 00 (0.0%)
Resigned Gary Allen SCHWARTZ 16 Dec 2013 30 Jun 2021 Evp And General Counsel American 0 - 20 (0.0%)
Resigned Michael Charles SAPNAR 16 Dec 2013 15 May 2021 President And Ceo American 0 - 20 (0.0%)
Resigned Paul Andre BONNY 26 Apr 2013 04 Jul 2023 Reinsurance British 2 - 41 (16.7%)
Resigned Geoffrey Neville PEACH 26 Apr 2013 31 Aug 2019 Reinsurance British 1 - 42 (40.0%)
Resigned David Charles RADFORD 26 Apr 2013 09 Nov 2022 Chartered Accountant British 0 - 52 (40.0%)
Number of active directors: 7
Average tenure of active directors: 3.4 years
Average tenure of resigned directors: 7.6 years
Average active director Dissolution Rate: 2.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
RENAISSANCERE SYNDICATE MANAGEMENT LIMITED (01120384) - Active
INTERNATIONAL UNDERWRITING ASSOCIATION OF LONDON LIMITED (01244052) - Active
ENDURANCE HOLDINGS LIMITED (06169758) - Active
RIVERSTONE CORPORATE CAPITAL 5 LIMITED (06198350) - Active
ENDURANCE BUSINESS SERVICES LIMITED (06279652) - Active
RIVERSTONE AT LLOYD'S LIMITED (06539650) - Active
PALADIN UNDERWRITING AGENCY LIMITED (06883166) - Active
TREIMCO LIMITED (07061914) - Active
SCIEMUS SPACE INSURANCE SERVICES LIMITED (07106452) - Active - Proposal to Strike off
TRANSRE LONDON LIMITED (08506758) - Active
INSURTECH GATEWAY LIMITED (09993810) - Active
GUARDHOG TECHNOLOGIES LIMITED (10784606) - Active
HUMN.AI LTD (11032616) - In Administration
DIGITAL ASSET SERVICES LTD (11356137) - Active
LOADSURE LTD (11703162) - Active
GATEWAY SEED II (SCOT) LTD (SC719800) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2017-04-262016-04-262015-04-262014-04-26
TRANSATLANTIC REINSURANCE COMPANYORDINARY5,000,000
50.0%
0
0%
0
0%
0
0%
TRANSATLANTIC REINSURANCE COMPANYORDINARY5,000,000
50.0%
0
0%
0
0%
0
0%
TRANSATLANTIC REINSURANCE COMPANYORDINARY2
0.000%
0
0%
0
0%
0
0%
TRANSATLANTIC REINSURANCE COMPANYORDINARY2
0.000%
0
0%
0
0%
0
0%
TRANSRE LONDON HOLDINGS LIMITEDORDINARY0
0%
5,000,000
50.0%
5,000,000
50.0%
5,000,000
50.0%
TRANSRE LONDON HOLDINGS LIMITEDORDINARY0
0%
5,000,000
50.0%
5,000,000
50.0%
5,000,000
50.0%
TRANSRE LONDON HOLDINGS LIMITEDORDINARY0
0%
2
0.000%
2
0.000%
2
0.000%
TRANSRE LONDON HOLDINGS LIMITEDORDINARY0
0%
2
0.000%
2
0.000%
2
0.000%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

TRANSRE LONDON LIMITED

no controlled companies

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2023-07-01 2023-12-31 6 0% 0% 79534
2023-01-01 2023-06-30 5 0% 0% 72368
2022-07-01 2022-12-31 6 0% 0% 67281
2022-01-01 2022-06-30 6 0% 0% 59746
2021-07-01 2021-12-31 5 0% 0% 52824
2021-01-01 2021-06-30 5 0% 0% 46258
2020-07-01 2020-12-31 3 0% 0% 39944
2020-01-01 2020-06-30 4 0% 0% 33439
2019-07-01 2019-12-31 4 0% 0% 26048
2019-01-01 2019-06-30 7 0% 0% 17130
2018-07-01 2018-12-31 9 0% 0% 12661
2018-01-01 2018-06-30 6 0% 0% 3602


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
TRANSRE LONDON 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
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