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
Submitted
Dated 30 December 2024 (10 months ago)
Next confirmation dated 30 December 2025
Due by 13 January 2026 (2 months remaining)
Last change occurred 1 year 9 months ago
Accounts
Submitted
For period 1 Jan ⟶ 31 Dec 2024 (1 year)
Accounts type is Audit Exemption Subsidiary
Next accounts for period 31 December 2025
Due by 30 September 2026 (11 months remaining)
Shareholders, PSCs & Group Structure
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Mutual Companies
Katherine Anne Cross and Christopher Redmond are mutual people.
Active
Katherine Anne Cross and Christopher Redmond are mutual people.
Active
Katherine Anne Cross and Christopher Redmond are mutual people.
Active
Katherine Anne Cross and Christopher Redmond are mutual people.
Active
Scott Banks and Katherine Anne Cross are mutual people.
Active
Katherine Anne Cross and Christopher Redmond are mutual people.
Active
Katherine Anne Cross and Christopher Redmond are mutual people.
Active
Brands
Flood Excess Insurance provides insurance solutions to protect individuals and businesses from costs associated with flood damage.
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 Dec ⟶ 31 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%)
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Repayment History
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