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MIDAS UNDERWRITING LTD Active

Foreign Insurance Company Representatives


Contact information


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Financial statements of MIDAS UNDERWRITING LTD

According to MIDAS UNDERWRITING LTD latest financial report submitted on 2023-12-31, the company has a Turnover of £10M, Working-Capital of £10M while the EBITDA is £3M. Compared with the previous year, the company reported a Turnover decrease of -119.2%, which is an equivalent of 12.1 million. At the same time, the Working-Capital went up by 88.74%, or by -8475987.


Year:
2022 Not available
2021 Not available
2020 Not available
2019 Not available

Employee Numbers

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  • Reporting period

    12

  • Consolidated A/cs

    N

  • Profit after Tax

    £ -

  • Working Capital

    £ 9.6 million

Profit after Tax

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MIDAS UNDERWRITING LTD Business Credit Report

A Business Credit Report for MIDAS UNDERWRITING LTD is available for instant download. The report will provide you with a credit score and credit limit recommendation for MIDAS UNDERWRITING LTD, payment trends, if the company pays their Invoices on time, whether or not the company has any court judgements, ownership and group structure, up to 5 years of financial statements and much more. When you buy a Credit Report from Global Database, you will also have a 7 days free trial to our B2B Sales Platform.


Overall Credit Risk for

MIDAS UNDERWRITING LTD

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  • Financial accounts for the past 5 years
  • Credit Officers
  • Document Filing history
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  • Shareholder Information
  • Company Identity

MIDAS UNDERWRITING LTD Directors and key executives

MIDAS UNDERWRITING LTD currently employs 72 people. Compared with the previous year, the company has reported a staff increase of 100%, which is an equivalent of 36 employees.
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Total Employee Count

Total employees

72

200%

1y growth

71%

2y growth

Management Level


59

Middle

24

Operational

Employee Job Title Email Phone Country
Gareth Chambers It Administrator
***************@midasuw.com
+447967****** GB
John Sloan It Project Manager And Solutions Architect
**********@midasuw.com
+447403****** GB
Andy Harkin Senior Software Engineer
***********@midasuw.com
- GB
Graeme Hunter Head Of Personal Lines Sales
*************@midasuw.com
- GB
David Balmer Head Of It
************@midasuw.com
- GB

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MIDAS UNDERWRITING LTD Ownership and Group Structure


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MIDAS UNDERWRITING LTD Shareholders

There are currently 2 people with significant control at MIDAS UNDERWRITING LTD. One of of major shareholders of MIDAS UNDERWRITING LTD is ATLANTA MGA HOLDINGS LIMITED, which owns 8009250 ORDINARY shares, with a total value of 8,009,250 GBP and GEO SPECIALTY GROUP HOLDINGS LIMITED, which owns 0 ORDINARY shares, with a total value of 0 GBP.


Name Quantity Share Type Value
ATLANTA MGA HOLDINGS LIMITED
8009250 ORDINARY 8009250 GBP
GEO SPECIALTY GROUP HOLDINGS LIMITED
1 ORDINARY 1 GBP

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MIDAS UNDERWRITING LTD competitors:

Top 5 similar companies of MIDAS UNDERWRITING LTD are HSB ENGINEERING INSURANCE LIMITED, ARCH INSURANCE (UK) LIMITED, INSURE & GO INSURANCE SERVICES LIMITED, SAUNDERSON HOUSE LIMITED, THE UNDERWRITING EXCHANGE LIMITED. View and export all the competitor list of MIDAS UNDERWRITING LTD by upgrading your account here.


HSB ENGINEERING INSURANCE LIMITED


Revenue
76,600,000.0
Age
36 years
Employees
249
Industry
View Foreign Insurance Company Representatives
Website
View http://hsb********

ARCH INSURANCE (UK) LIMITED


Revenue
80,663,000.0
Age
22 years
Employees
468
Industry
View Foreign Insurance Company Representatives
Website
View http://archins*************

INSURE & GO INSURANCE SERVICES LIMITED


Revenue
9,271,392.0
Age
25 years
Employees
115
Industry
View Foreign Insurance Companies Service Offices
Website
View http://insur***********

SAUNDERSON HOUSE LIMITED


Revenue
19,469,814.0
Age
57 years
Employees
194
Industry
View Foreign Insurance Companies Service Offices
Website
View https://saunders**************

THE UNDERWRITING EXCHANGE LIMITED


Revenue
3,889,000.0
Age
15 years
Employees
62
Industry
View Foreign Insurance Company Representatives
Website
View https://theunderwri*****************

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MIDAS UNDERWRITING LTD news & activities:


Turnover

MIDAS UNDERWRITING LTD has submitted new account statements and has reported a turnover of £10M, a -119.2% increase year-over-year.

uk.globaldatabase.com

2023-12-31

EBITDA

The MIDAS UNDERWRITING LTD-based company said the adjusted EBITDA is now £3M, compared with the previous year of 6.1 million.

uk.globaldatabase.com

2023-12-31

Employees

MIDAS UNDERWRITING LTD number of employees has increased by 100% compared with previous year and now represents a total number of 72.

uk.globaldatabase.com

2023-12-31

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Frequently Asked Questions regarding MIDAS UNDERWRITING LTD


Where is MIDAS UNDERWRITING LTD registered office?

MIDAS UNDERWRITING LTD is located at Quay Point Lakeside Boulevard, United Kingdom.

How can I contact MIDAS UNDERWRITING LTD?

You can call MIDAS UNDERWRITING LTD at the following number +443301******

What is the website of MIDAS UNDERWRITING LTD?

MIDAS UNDERWRITING LTD website is http://midasuw.com/

How many people work at MIDAS UNDERWRITING LTD?

According to the latest account statement, there are currently 72 of employees working for MIDAS UNDERWRITING LTD.

How much revenue does MIDAS UNDERWRITING LTD make?

Based on the latest financial accounts submitted on 2023-12-31, the company made £10M for 2023, which went down by -119.2%.

What is MIDAS UNDERWRITING LTD EBITDA?

For 2023, MIDAS UNDERWRITING LTD has reported an EBITDA of £3M, which went up by 87.11% compared to previous year.

What is the Business Credit Score of MIDAS UNDERWRITING LTD and how reliable is the company?

In order to check the business credit score of MIDAS UNDERWRITING LTD, you can request a credit report. You will view the latest credit limit information, ownership, group structure, court judgements and much more.

Does MIDAS UNDERWRITING LTD pay their invoices on time?

By requesting a Business Credit Report for MIDAS UNDERWRITING LTD, you will be able to gain more insights about the MIDAS UNDERWRITING LTD payment trends.

Who is the Ultimate Parent of the MIDAS UNDERWRITING LTD?

Information about the ultimate beneficial ownership THE ARDONAGH********** of MIDAS UNDERWRITING LTD is available when you order a business credit report.

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