MISSION UK SERIES 1 LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-02 (in 8mo)
Last made up 2025-12-19
Watchouts
None on the register
Cash
£267K
Latest balance sheet
Net assets
-£277K
-27,706,100% vs 2023
Employees
0
Average over period
Profit before tax
-£370K
Period ending 2024-12-31
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | £752,143 | |
| Operating profit | £0 | -£369,534 | |
| Profit before tax | £0 | -£369,534 | |
| Net profit | £0 | -£277,471 | |
| Cash | — | £266,701 | |
| Total assets less current liabilities | — | — | |
| Net assets | £1 | -£277,060 | |
| Equity | £1 | -£277,060 | |
| Average employees | 0 | 0 | |
| Wages | — | — | |
| Directors' remuneration | £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
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
-27,706,100%
£1 -£277,060
-
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | — | -49.1% | |
| Net margin | — | -36.9% | |
| Current ratio | — | 0.65x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis which the directors believe to be appropriate. Consistent with the startup position of the Company, the five year plan forecasts it to be loss making across the next 24 months with a turn to profits in 2026. The company meets its current day-to day working capital requirement due to the financial support from Accelerant Holdings, the ultimate parent of the group to which Mission UK Series I Limited belongs, the directors consider that the Company is adequately resourced to remain in operation for the foreseeable future and have therefore continued to adopt the going concern basis of preparation in preparing the Company financial statements.”
Significant events
- “During the year, the Company issued shares to its management team under the terms of the signed shareholder agreements. The shares issued provide the shareholders (employees) with the option to receive a profit share based on the conditions outlined in the call option agreement signed by each shareholder. The right to receive this profit share vests over time is dependent on there being an exit such as the sale of the Company. As at 31 December 2024, it is not probable that the company will have to pay out the vested profit share.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DENTONS SECRETARIES LIMITED | Corporate Secretary | 2022-12-20 | — | — |
| DINGWALL, Ross | Director | 2025-08-29 | Mar 1972 | British |
| LOBEL, Vered | Director | 2023-08-01 | Mar 1981 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MORGAN, Adrian Charles | Director | 2022-12-20 | 2023-07-10 |
| WATKINSON, Ian Philip | Director | 2023-07-10 | 2025-04-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mission Underwriting Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-12-20 | Active |
Filing timeline
Last 17 of 17 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-04-11 MA Memorandum articles
- 2024-04-11 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-25 | AA | accounts | Accounts with accounts type full | |
| 2025-01-03 | SH10 | capital | Capital variation of rights attached to shares | |
| 2025-01-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-30 | AA | accounts | Accounts with accounts type dormant | |
| 2024-04-20 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2024-04-11 | SH01 | capital | Capital allotment shares | |
| 2024-04-11 | MA | incorporation | Memorandum articles | |
| 2024-04-11 | SH08 | capital | Capital name of class of shares | |
| 2024-04-11 | RESOLUTIONS | resolution | Resolution | |
| 2024-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-07 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-26 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-26 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-20 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 1
- Officers appointed
- 1
- 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.