GEM UNDERWRITING AGENCY LIMITED
🌳Matureactive
07687960 · ltd · incorporated 2011-06-29
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£-97.4k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Activities of insurance agents and brokers
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £97,442
Cash YoY
+228%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£24k
↑ 228% YoY
Net Worth
-£97k
↓ 139% YoY
Current Assets
£75k
↑ 55% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £-97.4k | £-40.7k |
| Current assets | £74.9k | £48.2k |
| Cash | £24.1k | £7.3k |
| Debtors | £50.8k | £40.9k |
| Net assets | £-97.4k | £-40.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 capital
Last 180 days
1
filing
- • 1 capital
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-04-15📄capital-allotment-sharescapital · SH01
- 2025-10-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-31📄capital-allotment-sharescapital · SH01
- 2024-11-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-18📄capital-alter-shares-subdivisioncapital · SH02
- 2023-12-12📄capital-name-of-class-of-sharescapital · SH08
- 2023-12-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-08📄capital-allotment-sharescapital · SH01
- 2023-12-07➕CHAINEY, Paul appointeddirector
- 2023-09-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-07-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-07-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-07-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-01-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-09-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-08-23➖CONDON, Gregory Joseph resigneddirector
- 2020-09-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-10-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-06-29🏢Company incorporatedAs GEM UNDERWRITING AGENCY LIMITED
- 2011-06-29➕MARSHALL, Glenn appointeddirector
- 2011-06-29➕CONDON, Gregory Joseph appointeddirector
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Glenn Marshall Individual · British · DOB 09/1969 · age 57 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/01/2023 |
2 historic (ceased) PSCs
- Mr Gregory Joseph Condonceased 31/12/2022· 75-100% shares · 75-100% voting · board control
- Mr Glenn Marshallceased 31/12/2022· 50-75% shares · 50-75% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2011-06-29
Jurisdictionengland-wales
Primary SIC66220 — Activities of insurance agents and brokers
Registered office
Plaza 668 Hitchin Road
Luton
Bedfordshire
LU2 7XH
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10
Officers (2 active · 1 resigned)
CHAINEY, Paul→
Activedirector · ~65y · appointed 2023-12-07
View their other companies + combined net worth →
MARSHALL, Glenn→
Activedirector · ~57y · appointed 2011-06-29
View their other companies + combined net worth →
CONDON, Gregory Joseph→
Resigneddirector · ~54y · appointed 2011-06-29 · resigned 2021-08-23
Click a director name to see their full track record across all companies.
Recent filings (46 total)
capital-allotment-shares
capital · SH01
2026-04-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-07
capital-allotment-shares
capital · SH01
2024-12-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-24
capital-alter-shares-subdivision
capital · SH02
2023-12-18
capital-name-of-class-of-shares
capital · SH08
2023-12-12
appoint-person-director-company-with-name-date
officers · AP01
2023-12-08
capital-allotment-shares
capital · SH01
2023-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-10
accounts-with-accounts-type-dormant
accounts · AA
2023-09-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-07-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-07-11