RADIUS UNDERWRITING LIMITED

⚰️Wound downdissolved
10099600 · ltd · incorporated 2016-04-04
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
56/100
Worth a look
🔔
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What this business does
Primary activity: Activities of insurance agents and brokers
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 56/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (3 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
56/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2022-02-01
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2022-02-01
    🏁
    Company dissolved
  3. 2021-11-09
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2021-11-02
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2021-10-08
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  6. 2021-10-07
    📄
    legacy
    capital · SH20
  7. 2021-10-07
    ⚠️
    legacy
    insolvency · CAP-SS
  8. 2021-10-07
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2021-02-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2021-01-31
    STEEDMAN, Julian resigned
    director
  11. 2021-01-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2019-10-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2019-04-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  14. 2018-12-20
    📄
    legacy
    capital · SH20
  15. 2018-12-07
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  16. 2018-12-07
    ⚠️
    legacy
    insolvency · CAP-SS
  17. 2018-12-07
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2018-07-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2017-12-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2017-04-24
    📄
    capital-allotment-shares
    capital · SH01
  21. 2017-04-13
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2017-02-21
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  23. 2016-11-01
    HERVY, Thibaud Jacques Gerard appointed
    director
  24. 2016-11-01
    LETSINGER, Katherine Lee appointed
    director
  25. 2016-11-01
    FELDMAN, David Robert resigned
    director
  26. 2016-11-01
    STEEDMAN, Julian appointed
    director
  27. 2016-04-04
    🏢
    Company incorporated
    As RADIUS UNDERWRITING LIMITED
  28. 2016-04-04
    HOLLIDAY, Jenna Louise appointed
    secretary
  29. 2016-04-04
    DUKE, Michael appointed
    director
  30. 2016-04-04
    DUKE, Michael resigned
    director
  31. 2016-04-04
    FELDMAN, David Robert appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

2 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2022-02-01

2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2021-10-07: legacy; 2018-12-07: legacy

Group structure

Tokio Marine Hcc Insurance Holdings (International) Limited holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
Tokio Marine Hcc Insurance Holdings (International) Limited
Corporate parent · holds 50-75% shares
majority
RADIUS UNDERWRITING LIMITED
This company · 10099600

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Tokio Marine Hcc Insurance Holdings (International) Limited
Corporate entity
5075%
50–75%50-75% shares · 50-75% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Available from the Pro tier upwards.

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Company details

Statusdissolved
Typeltd
Incorporated2016-04-04
Jurisdictionengland-wales
Primary SIC66220 — Activities of insurance agents and brokers

Registered office

1 Aldgate
London
EC3N 1RE
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2019-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 3 resigned)

HOLLIDAY, Jenna Louise
secretary · appointed 2016-04-04
View their other companies + combined net worth →
Active
HERVY, Thibaud Jacques Gerard
director · ~52y · appointed 2016-11-01
View their other companies + combined net worth →
Active
LETSINGER, Katherine Lee
director · ~64y · appointed 2016-11-01
View their other companies + combined net worth →
Active
DUKE, Michael
director · ~67y · appointed 2016-04-04 · resigned 2016-04-04
Resigned
FELDMAN, David Robert
director · ~52y · appointed 2016-04-04 · resigned 2016-11-01
Resigned
STEEDMAN, Julian
director · ~56y · appointed 2016-11-01 · resigned 2021-01-31
Resigned

Click a director name to see their full track record across all companies.

Recent filings (37 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2022-02-01
gazette-notice-voluntary
gazette · GAZ1(A)
2021-11-09
dissolution-application-strike-off-company
dissolution · DS01
2021-11-02
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2021-10-08
legacy
capital · SH20
2021-10-07
legacy
insolvency · CAP-SS
2021-10-07
resolution
resolution · RESOLUTIONS
2021-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-13
termination-director-company-with-name-termination-date
officers · TM01
2021-02-08
accounts-with-accounts-type-full
accounts · AA
2021-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-15
accounts-with-accounts-type-full
accounts · AA
2019-10-03
confirmation-statement-with-updates
confirmation-statement · CS01
2019-04-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2019-04-03
legacy
capital · SH20
2018-12-20