Generation Underwriting Management Limited in Newcastle Upon Tyne, NE3 3PF

Description

Data updated on: 01-11-2023

Situated at The Granger Suite Eldon House, Newcastle Upon Tyne NE3 3PF Generation Underwriting Management Limited is classified as a Private Limited Company registered under the 06988944 Companies House Reg No. The company was founded 15 years ago. This enterprise's classified under the NACE and SIC code 65120 - Non-life insurance. The firm's latest accounts were submitted for the period up to 2022-12-31 and the most recent annual confirmation statement was submitted on 2023-07-30.

According to the data we have, the following limited company was created in 2009 and has so far been governed by eleven directors, and out of them six (David B., Colin W., Stephen W. and 3 others listed below) are still functioning.

The companies that control this firm include: Arden Uw Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Belfast at 55-59 Donegall Street, BT1 2FH, County Antrim and was registered as a PSC under the registration number Ni662563.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	566 281	312 330	532 543
Current Assets	1 043 431	1 465 792	1 834 768
Debtors	477 150	1 154 946	1 302 225
Net Assets Liabilities	319 518	254 302	337 452
Other Debtors	3 114	10 273	11 563
Property Plant Equipment		7 543	7 393

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	16 706	3 010	5 671
Amounts Owed By Related Parties		328 222	310 946
Amounts Owed To Group Undertakings		222 349	160 059
Average Number Employees During Period	8	8	10
Bank Borrowings Overdrafts	45 833	35 833	25 833
Corporation Tax Recoverable	8 125	8 125
Creditors	45 833	35 833	25 833
Future Minimum Lease Payments Under Non-cancellable Operating Leases		3 232	1 850
Increase From Depreciation Charge For Year Property Plant Equipment		1 945	2 661
Net Current Assets Liabilities	365 351	282 642	357 631
Other Creditors	30 630	4 984	35 891
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		15 641
Other Disposals Property Plant Equipment		15 641
Other Taxation Social Security Payable	12 390	11 724	12 195
Property Plant Equipment Gross Cost	16 706	10 553	13 064
Provisions For Liabilities Balance Sheet Subtotal		50	1 739
Total Additions Including From Business Combinations Property Plant Equipment		9 488	2 511
Total Assets Less Current Liabilities	365 351	290 185	365 024
Trade Creditors Trade Payables	630 893	935 577	1 258 992
Trade Debtors Trade Receivables	465 911	808 326	979 716