DARENTH UNDERWRITING LIMITED

• ⚠

  Material uncertainty over going concern

  The Directors do not consider the Company to be a going concern and the financial statements have been prepared on a break up basis.

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

• Gross written premiums

  -92.5%

  £240,203 → £18,078

• Net earned premiums

  -93.2%

  £728,212 → £49,670

• Profit before tax

  -80.9%

  £225,267 → £43,124

• Equity

  -56.3%

  £734,737 → £320,858

• Claims incurred

  -91.8%

  £294,747 → £24,205

• Insurance contract liabilities

  -21.7%

  £2,284,716 → £1,789,130

• Investment return

  -24.9%

  £119,967 → £90,083

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Directors do not consider the Company to be a going concern and the financial statements have been prepared on a break up basis.”

Significant events

• “The Company has ceased to write insurance business in the Lloyd's insurance market as a Lloyd's Corporate Capital Member.”
• “The Company ceased underwriting at 31 December 2022.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.