CRANBROOK UNDERWRITING LIMITED

• ⚠

  Material uncertainty over going concern

  It is the Directors' intention to cease operations within the next 12 months and liquidate the Company. As at 31 December 2023 six employees plus all revenue and associated costs were transferred from Cranbrook Underwriting Limited to Burns and Wilcox Global Solutions (formerly known as Chesterfield Insurance Brokers Limited) (Registered Number: 03013489) a Company under common ownership. Therefore, the Directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. On this basis, the Directors have prepared the financial statements on a basis other than going concern.

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

• Turnover

  —

  Not reported

• Cash

  -40.7%

  £2,047,336 → £1,215,070

• Net assets

  0%

  £462,216 → £462,216

• Employees

  —

  Not reported

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

Margins divide P&L lines by turnover. 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.

1. CRANBROOK UNDERWRITING LIMITED 2012-09-21 → present
2. CRANBROOK ASSOCIATES LIMITED 2012-08-23 → 2012-09-21
3. CHESTERFIELD FINANCE SOLUTIONS LIMITED 2001-09-13 → 2012-08-23

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“It is the Directors' intention to cease operations within the next 12 months and liquidate the Company. As at 31 December 2023 six employees plus all revenue and associated costs were transferred from Cranbrook Underwriting Limited to Burns and Wilcox Global Solutions (formerly known as Chesterfield Insurance Brokers Limited) (Registered Number: 03013489) a Company under common ownership. Therefore, the Directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. On this basis, the Directors have prepared the financial statements on a basis other than going concern.”

Significant events

• “There have been no other material or significant events between the balance sheet date and the date of signing these accounts.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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