BSPOKE UNDERWRITING LTD

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  +176.4%

  £1,604,335 → £4,434,045

• Cash

  -89.7%

  £2,599,085 → £268,951

• Net assets

  +8.2%

  £6,907,513 → £7,477,153

• Employees

  -10.7%

  28 → 25

• Operating profit

  -100.6%

  £4,084,613 → -£24,990

• Profit before tax

  -87.3%

  £4,490,354 → £569,640

• Wages

  +23.5%

  £1,661,235 → £2,051,885

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. BSPOKE UNDERWRITING LTD 2023-04-13 → present
2. UK GENERAL INSURANCE LIMITED 2011-04-11 → 2023-04-13
3. UK UNDERWRITING LIMITED 2002-10-03 → 2011-04-11
4. HALLCO 806 LIMITED 2002-08-08 → 2002-10-03

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have assessed the appropriateness of the going concern basis of preparation, including review and appraisal of future prospects of the Company, working capital facilities available to the Company via its group relationships and consideration of assets at its disposal and its ability to settle future liabilities as they arise.”

Significant events

• “On 6th of August 2025, the Company's parent undertaking, Chicago Holdco Ltd and its subsidiaries, were acquired by BSU Holdings Ltd.”
• “On 15th of January 2026, the Company's ultimate parent, BSU Holdings Ltd and its subsidiaries, were acquired by Bspoke Insurance Group Ltd.”

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

Filings

16

last 12 months

Capital events

0

last 24 months

Officers appointed

5

last 12 months

Officers resigned

4

last 12 months

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