CARBON UNDERWRITING LIMITED
Get an alert when CARBON UNDERWRITING LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£5.8m
+115.3% highest in 6 filed years
Net assets
£16m
+57.1% highest in 6 filed years
Employees
75
+31.6% highest in 6 filed years
Profit before tax
£6.9m
+0.5% highest in 3 filed years
Net assets
6-year trend · vs Financials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-02-28 | 2022-02-28 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £14,215,041 | £18,627,372 | £23,167,528 | +24.4% | |
| Operating profit | — | — | — | £4,627,780 | £6,869,898 | £6,907,164 | +0.5% | |
| Profit before tax | — | — | — | £4,529,669 | £6,885,397 | £6,921,076 | +0.5% | |
| Net profit | — | — | — | £4,799,587 | £5,843,906 | £5,700,087 | -2.5% | |
| Cash | £252,115 | £329,461 | £342,179 | £1,892,602 | £2,672,586 | £5,753,423 | +115.3% | |
| Total assets less current liabilities | -£1,320,253 | -£250,500 | £263,143 | £4,308,376 | £10,137,012 | £16,225,124 | +60.1% | |
| Net assets | -£1,320,253 | -£1,869,158 | £263,143 | £4,141,025 | £9,984,931 | £15,685,018 | +57.1% | |
| Equity | -£1,320,253 | -£1,869,158 | £263,143 | £4,141,025 | £9,984,931 | £15,685,018 | +57.1% | |
| Average employees | 9 | 21 | 34 | 44 | 57 | 75 | +31.6% | |
| Wages | — | — | — | £5,863,663 | £7,881,345 | £8,173,989 | +3.7% | |
| Directors' remuneration | — | — | — | £1,005,374 | £914,014 | £1,530,788 | +67.5% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-02-28 | 2022-02-28 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 32.6% | 36.9% | 29.8% | |
| Net margin | — | — | — | 33.8% | 31.4% | 24.6% | |
| Return on capital employed | — | — | — | 107.4% | 67.8% | 42.6% | |
| Current ratio | — | — | — | 2.17x | 3.02x | 4.11x | |
| Interest cover | — | — | — | 45.31x | — | — |
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.
Name history
Renamed 2 times since incorporation
- CARBON UNDERWRITING LIMITED 2019-07-08 → present
- JIGSAW INSURANCE SERVICES LIMITED 2018-10-09 → 2019-07-08
- JIGSAW INTERMEDIARY SERVICES LIMITED 2018-02-07 → 2018-10-09
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis, under the historical cost basis. The Company has adequate resources to continue in operational existence for a period of at least 12 months from the date of approval of these financial statements, and no material uncertainties related to going concern have been identified. The Directors therefore continue to prepare the accounts on a going concern basis.”
Significant events
- “There have been no material events subsequent to the balance sheet date that would require adjustment or disclosure in the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BYRNE, Patrick Michael | Director | 2025-06-11 | Jan 1959 | British |
| FERRIER, Jacqueline Simone | Director | 2019-10-07 | Mar 1977 | British |
| LAIDLAW, Ben Alistair Hunter, Mr | Director | 2021-07-14 | Aug 1991 | British |
| PORACCHIA, Alexandre Christophe | Director | 2025-06-05 | Oct 1974 | British |
| WATSON, Michael Clive | Director | 2025-06-06 | Jun 1954 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIES MGA SERVICES LIMITED | Corporate Secretary | 2018-03-23 | 2024-11-08 |
| ATKIN, Charles Neville Rupert | Director | 2023-10-27 | 2024-12-31 |
| BUTCHER, Christopher Stewart | Director | 2024-01-24 | 2025-12-31 |
| CARD, Stephen | Director | 2018-03-02 | 2023-07-14 |
| CARNAFFAN, Neil William | Director | 2018-02-07 | 2024-01-24 |
| LAWRENCE-BROWNE, Charles Andrew | Director | 2018-03-02 | 2018-08-08 |
| POGGIO, Mauro | Director | 2018-12-03 | 2020-07-13 |
| TYE, Nicholas George | Director | 2019-10-11 | 2025-11-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Carbon Underwriting Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-06-24 | Active |
| Mr Stephen Card | Individual | Significant influence | 2018-05-08 | Ceased 2020-03-02 |
| Ambant Underwriting Services Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-02-07 | Ceased 2018-05-08 |
Filing timeline
Last 20 of 101 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-07-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-07-05 | AA | accounts | Accounts with accounts type full | |
| 2026-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-23 | AA | accounts | Accounts with accounts type full | |
| 2025-08-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-07 | AD03 | address | Move registers to sail company with new address | |
| 2025-02-06 | AD02 | address | Change sail address company with new address | |
| 2025-02-04 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-15 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-10-05 | AA | accounts | Accounts with accounts type full | |
| 2024-09-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-01-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-29 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
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.