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Activities of insurance agents and brokers · London
First Underwriting
First Underwriting Limited
Private limited company registered in London, classed under “Activities of insurance agents and brokers”.
Headline figures
FY to Dec 2025 · Company only
Turnover
For subscribers
Profit after tax
£417k
Net assets
For subscribers
Cash
For subscribers
Employees
For subscribers
Retained reserves
For subscribers
What the numbers say
3 findings from the figures, in plain English
Written by rules from the figures on this page. Not a forecast or a credit opinion.
History
| £ | 2021 | 2022* | 2023* | 2024* | 2025 |
|---|---|---|---|---|---|
| Profit after tax | £417k | ||||
| Turnover | |||||
| Net assets | |||||
| Cash | |||||
| Employees | |||||
| Retained reserves |
Every figure for all 5 years
“—” means we did not find the figure in a source; it is never filled with an estimate. * Restated: the next year's accounts printed different figures for this year, and those later figures are shown.
Balance sheet and ratios
From the filed balance sheets · £
| Balance sheet | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed assets | ||||
| Current assets | ||||
| of which debtors | ||||
| of which cash | ||||
| Creditors due within a year | ||||
| Net current assets | ||||
| Net assets | ||||
| Ratios | ||||
| Profit marginProfit after tax as a share of turnover | ||||
| Return on equityProfit after tax as a share of net assets | ||||
| Current ratioCurrent assets for every £1 owed within a year | ||||
| Cash ratioCash for every £1 owed within a year | ||||
| Creditors to assetsEverything owed to creditors as a share of fixed plus current assets | ||||
| Turnover per employeeTurnover divided by average staff | ||||
| Debtor daysDays of turnover owed by customers at the year end | ||||
7 balance-sheet lines and 7 ratios, every year
A ratio appears only for years where every line it needs was filed. Lines are as tagged in the accounts; nothing is added up or estimated.
Questions people ask
›What does First Underwriting do?
Private limited company registered in London, classed under “Activities of insurance agents and brokers”.
›How much turnover does First Underwriting make?
Answered in the full report
›Is First Underwriting profitable?
Yes: it made a profit after tax of £417k in the year to 31 December 2025, its latest filed accounts.
›How many people work at First Underwriting?
Answered in the full report
›Where is First Underwriting based?
Its registered office is Level 15, 30, St. Mary Axe, London, EC3A 8BF, in London.
›When was First Underwriting founded?
First Underwriting Limited was incorporated on 23 November 2011.
›Is First Underwriting still trading?
The register lists First Underwriting Limited as active.