DARAG INSURANCE UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-02 (in 1y)
Last made up 2026-04-18
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£5M
-21.5% lowest in 4 filed years
Employees
—
Average over period
Profit before tax
-£1M
-1,136.4% vs 2023
Net assets
4-year trend · vs Financials median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Gross written premiums | £NaN | £NaN | £0 | £0 | |
| Net earned premiums | £NaN | £NaN | £0 | £0 | |
| Claims incurred | £NaN | £NaN | £53,000 | £1,220,000 | |
| Investment return | £NaN | £NaN | £264,000 | £298,000 | |
| Profit before tax | — | — | £129,000 | -£1,337,000 | |
| Net profit | — | — | £129,000 | -£1,337,000 | |
| Insurance contract liabilities | £NaN | £NaN | £24,836,000 | £26,439,000 | |
| Total assets | — | — | £31,174,000 | £31,516,000 | |
| Total liabilities | £NaN | £NaN | £24,952,000 | £26,631,000 | |
| Equity | £10,621,000 | £8,793,000 | £6,222,000 | £4,885,000 | |
| Average employees | 0 | 0 | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Gross written premiums
—
Not reported
-
Net earned premiums
—
Not reported
-
Profit before tax
-1,136.4%
£129,000 -£1,337,000
-
Equity
-21.5%
£6,222,000 £4,885,000
lowest in 4 filed years
-
Claims incurred
+2,201.9%
£53,000 £1,220,000
-
Insurance contract liabilities
+6.5%
£24,836,000 £26,439,000
-
Investment return
+12.9%
£264,000 £298,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Gearing (liabilities / total assets) | — | — | 80.0% | 84.5% |
Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- DARAG INSURANCE UK LIMITED 2020-03-03 → present
- THE UNDERWRITER INSURANCE COMPANY LIMITED 1999-07-21 → 2020-03-03
- THE UNDERWRITER COMPANY LIMITED 1998-10-19 → 1999-07-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has considerable financial resources with shareholders' funds of approximately £4,885k. The Directors' therefore believe that there are adequate resources to continue in operational existence for a period of at least 12 months from the date the audited financial statements are authorised for. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.”
Significant events
- “The Company's principal activity during the year was to continue the orderly and solvent run-off of its general insurance liabilities.”
- “The company ceased accepting all new business and renewals in 2003 and is undertaking an orderly run-off of its activities.”
- “There are no post balance sheet events to report.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 33 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOOTH, Thomas Alexander | Director | 2020-02-05 | Mar 1975 | British |
| HEWETT, Mark James | Director | 2021-05-28 | May 1956 | British |
| RYAN, Adrian Peter | Director | 2022-05-02 | Apr 1960 | Irish |
| WILKES, Theo James Rickus | Director | 2024-10-01 | Jan 1975 | British |
Show 33 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BHUHI, Susan Elizabeth | Secretary | 1998-11-09 | 1999-12-16 |
| BOX, Paul Ernest | Secretary | 2015-10-27 | 2019-04-12 |
| D'ARPINO, Vincent Anthony | Secretary | 1998-10-19 | 1998-11-09 |
| LARWOOD, David Ronald | Secretary | 1999-12-16 | 2003-09-30 |
| ROGERS, Shirley Lorna | Secretary | 2003-10-01 | 2015-10-27 |
| ACUMEN GROUP MANAGEMENT LTD | Corporate Secretary | 2021-09-10 | 2024-05-01 |
| CAPITA COMMERCIAL INSURANCE SERVICES LIMITED | Corporate Secretary | 2019-11-21 | 2021-09-09 |
| BORNHUETTER, Ronald Lawrence | Director | 2002-01-23 | 2008-10-16 |
| CARLSEN, Steven Walter | Director | 1998-11-09 | 2003-11-07 |
| CHEAL, Simon James | Director | 2020-02-05 | 2022-08-19 |
| DAVIES, Stuart Robert | Director | 2020-02-05 | 2022-07-15 |
| GATELY, Dinah Janine | Director | 2003-10-28 | 2020-02-06 |
| GOLDBERG, Alan Edward | Director | 1998-11-09 | 2001-02-11 |
| HASSE, Paul Thomas | Director | 1998-11-09 | 2000-10-18 |
| HINES, Anthony Gordon | Director | 2004-05-12 | 2019-12-31 |
| INSLEY, James Christopher Paul | Director | 2022-11-17 | 2024-07-12 |
| INSLEY, James Christopher Paul | Director | 2022-07-19 | 2022-07-19 |
| KATZENBERG, Roy | Director | 2008-03-31 | 2019-11-21 |
| KIRWAN, Francis Xavier | Director | 1998-11-09 | 2005-04-30 |
| KLINE, Charles Lysle | Director | 1998-11-09 | 2000-01-04 |
| LARWOOD, David Ronald | Director | 2002-04-30 | 2003-09-30 |
| MCCRACKEN, Robert | Director | 1998-11-09 | 2004-03-04 |
| MCKENZIE, Alexander James | Director | 2004-04-07 | 2008-03-31 |
| NASH, Graham Paul | Director | 2006-07-20 | 2018-03-31 |
| ROCHAT, Christian Pierre | Director | 1998-10-19 | 2004-03-03 |
| ROGERS, Nigel Harold John | Director | 2002-01-04 | 2012-03-28 |
| ROGERS, Shirley Lorna Lucy | Director | 2012-03-23 | 2020-02-06 |
| ROTH, Alexander Thomas | Director | 2022-01-24 | 2024-04-30 |
| RUTTER, Keith John | Director | 1999-01-24 | 2003-03-07 |
| SCHWED, Gustavo Rodolfo | Director | 2001-03-08 | 2004-03-03 |
| SIEGAL, Jeffrey Marc | Director | 2004-04-07 | 2006-07-19 |
| TUVNES, Sonja Gail Wilhelmina | Director | 2019-11-21 | 2020-02-06 |
| WOOD, Peter John | Director | 1998-11-09 | 2003-11-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Aleph Capital Partners Limited | Corporate entity | Significant influence | 2023-05-03 | Active |
| Aleph Capital Partners Llp | Corporate entity | Shares 75–100%, Voting 75–100% | 2022-03-28 | Ceased 2023-03-28 |
| Barry Stuart Volpert | Individual | Significant influence | 2022-03-28 | Active |
| Mr Hugues Bernard Charles Lepic | Individual | Significant influence | 2022-03-28 | Active |
| Polo Holdings Feeder Lp | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-09-22 | Ceased 2022-03-28 |
| Keyhaven Growth Partners Ii L.P | Corporate entity | Shares 75–100%, Voting 75–100% | 2020-02-05 | Ceased 2020-09-22 |
| Keyhaven Growth Partners L.P. | Corporate entity | Shares 75–100%, Voting 75–100% | 2020-02-05 | Ceased 2020-09-22 |
| Polo Holdings Feeder L.P. | Corporate entity | Shares 25–50%, Voting 25–50% | 2020-02-05 | Ceased 2020-02-06 |
| The Underwriter Group Limited | Corporate entity | Shares 75–100% | 2017-03-30 | Ceased 2020-02-05 |
| Ship (2006) Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2017-03-30 |
Filing timeline
Last 20 of 194 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-06-27 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-14 | AA | accounts | Accounts with accounts type full | |
| 2025-06-27 | MA | incorporation | Memorandum articles | |
| 2025-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-19 | AA | accounts | Accounts with accounts type full | |
| 2024-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-07 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-13 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-16 | AUD | auditors | Auditors resignation company | |
| 2023-05-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-05-03 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-05-03 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-04-12 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-11-25 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-25 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-24 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.