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Modus Underwriting Limited

Modus Underwriting Limited is an active company incorporated on 17 October 2014 with the registered office located in London, City of London. Modus Underwriting Limited was registered 11 years ago.
Status
Active
Active since incorporation
Company No
09269358
Private limited company
Age
11 years
Incorporated 17 October 2014
Size
Small
Turnover is under £15M
Balance sheet is under £7.5M
Under 50 employees
Confirmation
Due Soon
Dated 30 December 2024 (1 year ago)
Next confirmation dated 30 December 2025
Due by 13 January 2026 (12 days remaining)
Last change occurred 1 year 11 months ago
Accounts
Submitted
For period 1 Jan31 Dec 2024 (1 year)
Accounts type is Audit Exemption Subsidiary
Next accounts for period 31 December 2025
Due by 30 September 2026 (9 months remaining)
Contact
Address
9th Floor 40 Leadenhall Street
London
EC3A 2BJ
United Kingdom
Address changed on 12 Nov 2024 (1 year 1 month ago)
Previous address was Walsingham House, 9th Floor 35 Seething Lane London EC3N 4AH United Kingdom
Telephone
02072208500
Email
Unreported
People
Officers
2
Shareholders
1
Controllers (PSC)
1
Director • British • Lives in UK • Born in Jul 1981
Director • British • Lives in UK • Born in May 1984
Acrisure UK Mga Limited
PSC
Shareholders, PSCs & Group Structure
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Brands
Flood Excess Insurance
Flood Excess Insurance provides insurance solutions to protect individuals and businesses from costs associated with flood damage.
Modus Underwriting
Modus Underwriting is a managing general agent (MGA) established in 2015, providing data-driven insurance products.
Financials
Net Assets, Total Assets & Total Liabilities (2015–2024)
Period Ended
31 Dec 2024
For period 31 Dec31 Dec 2024
Traded for 12 months
Cash in Bank
£5.85M
Increased by £3.76M (+179%)
Turnover
£5.19M
Increased by £1.51M (+41%)
Employees
21
Increased by 17 (+425%)
Total Assets
£8.28M
Increased by £4.75M (+134%)
Total Liabilities
-£5.81M
Increased by £4.06M (+232%)
Net Assets
£2.47M
Increased by £685.41K (+38%)
Debt Ratio (%)
70%
Increased by 20.67% (+42%)
Latest Activity
Subsidiary Accounts Submitted
2 Months Ago on 16 Oct 2025
Subsidiary Accounts Submitted
9 Months Ago on 11 Mar 2025
Scott Banks Resigned
10 Months Ago on 12 Feb 2025
Simon Read Resigned
10 Months Ago on 12 Feb 2025
Mr Christopher Redmond Appointed
10 Months Ago on 12 Feb 2025
Mrs Katherine Anne Cross Appointed
10 Months Ago on 12 Feb 2025
Confirmation Submitted
11 Months Ago on 13 Jan 2025
Acrisure Uk Mga Limited (PSC) Details Changed
1 Year 1 Month Ago on 12 Nov 2024
Simon Read Details Changed
1 Year 1 Month Ago on 12 Nov 2024
Mr Scott Banks Details Changed
1 Year 1 Month Ago on 12 Nov 2024
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Documents
Audit exemption statement of guarantee by parent company for period ending 31/12/24
Submitted on 16 Oct 2025
Audit exemption subsidiary accounts made up to 31 December 2024
Submitted on 16 Oct 2025
Audit exemption statement of guarantee by parent company for period ending 31/12/24
Submitted on 16 Oct 2025
Consolidated accounts of parent company for subsidiary company period ending 31/12/24
Submitted on 7 Oct 2025
Notice of agreement to exemption from audit of accounts for period ending 31/12/24
Submitted on 7 Oct 2025
Solvency Statement dated 14/05/25
Submitted on 2 Jun 2025
Statement by Directors
Submitted on 2 Jun 2025
Statement of capital on 2 June 2025
Submitted on 2 Jun 2025
Resolutions
Submitted on 2 Jun 2025
Audit exemption statement of guarantee by parent company for period ending 31/12/23
Submitted on 11 Mar 2025
Repayment History
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