NEWLINE UNDERWRITING MANAGEMENT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-18 (in 2mo)
Last made up 2025-07-04
Watchouts
Cash
£2M
-16.2% vs 2023
Net assets
£12M
+0.8% vs 2023
Employees
—
Average over period
Profit before tax
£196K
-31.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 2 times since incorporation
- NEWLINE UNDERWRITING MANAGEMENT LIMITED 1999-12-01 → present
- TIG SYNDICATE MANAGEMENT LIMITED. 1996-08-20 → 1999-12-01
- SLIPFRAME DESIGN LIMITED 1996-07-11 → 1996-08-20
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £17,666,771 | £28,924,272 | |
| Operating profit | -£59,038 | -£39,547 | |
| Profit before tax | £286,373 | £196,021 | |
| Net profit | £69,016 | £95,439 | |
| Cash | £2,785,054 | £2,333,780 | |
| Total assets less current liabilities | £15,758,363 | £15,368,776 | |
| Net assets | £12,182,025 | £12,277,464 | |
| Equity | £12,182,025 | £12,277,464 | |
| Average employees | 176 | — | |
| Wages | £3,806,299 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -0.3% | -0.1% | |
| Net margin | 0.4% | 0.3% | |
| Return on capital employed | -0.4% | -0.3% | |
| Current ratio | 3.04x | 2.10x | |
| Interest cover | -3.69x | -2.58x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “On 16 March 2023, the employment contracts of employees of NUML were transferred to a newly established service company Newline Group Services Limited ("NGSL") in accordance with the 'Transfer of Undertakings (Protection of Employment) Regulations 2006'.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
12 active · 35 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WITHINSHAW, Henry James Louis | Secretary | 2016-10-01 | — | — |
| AHEARN, Elise | Director | 2026-01-01 | May 1965 | American |
| BEANE, Malcolm John | Director | 2022-04-25 | Oct 1954 | British |
| BEAVER, Rosemary Frances | Director | 2020-03-23 | Mar 1964 | British |
| COERVER IV, Richard Frederick | Director | 2024-02-12 | Mar 1965 | American |
| DUNCAN, Neil David | Director | 2016-06-16 | Dec 1976 | British |
| KAPUR, Sonny | Director | 2011-03-21 | Apr 1960 | British |
| KASTNER, Robert Bernhard | Director | 2007-01-31 | Jan 1968 | British |
| NEWMAN, Malcolm Charles | Director | 2025-01-01 | Dec 1958 | British |
| PECOVER, Andrew | Director | 2022-10-01 | Mar 1979 | British |
| POLLOCK, Robert Sebastian | Director | 2023-07-05 | Feb 1980 | American |
| WITHINSHAW, Henry James Louis | Director | 2016-10-01 | Oct 1966 | British |
Show 35 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JEPHCOTT, Mark | Secretary | 1996-11-18 | 2000-01-28 |
| MICKLEM, James Richard Fenwick | Secretary | 2004-10-08 | 2016-10-01 |
| MICKLEM, James Richard Fenwick | Secretary | 1996-08-20 | 1996-11-18 |
| REED, Duncan James | Secretary | 2000-01-28 | 2004-10-08 |
| ALPHA SECRETARIAL LIMITED | Corporate Nominee Secretary | 1996-07-11 | 1996-08-20 |
| BARNARD, Andrew Acheson | Director | 1999-06-24 | 2010-03-26 |
| BEVERIDGE, William Erskine | Director | 2020-04-27 | 2022-09-07 |
| C, Richard Frederick | Director | 2023-12-05 | 2023-12-05 |
| CAREY, Alane Robinson | Director | 2020-03-23 | 2025-07-01 |
| CHRISTIANSEN, Jan | Director | 2010-03-31 | 2024-03-19 |
| CLARK, William Goodman | Director | 1996-08-20 | 1998-02-02 |
| COERVER IV, Richard Frederick | Director | 2023-12-05 | 2024-01-31 |
| COERVER IV, Richard Frederick | Director | 2023-12-05 | 2023-12-05 |
| DONOVAN, Richard Scott | Director | 2006-11-21 | 2010-04-01 |
| FOLEY, Philip Thomas | Director | 2009-08-19 | 2014-03-20 |
| FRADD, Simon Timothy | Director | 2001-01-31 | 2011-12-09 |
| FRANKS, Stephen George | Director | 1996-11-18 | 1998-07-15 |
| GORDON, Stephen Lawrence | Director | 2000-09-18 | 2009-03-30 |
| HINKLEY, Mark Wainwright | Director | 1996-11-18 | 2001-07-02 |
| JACKSON, Robin Anthony Gildart | Director | 1996-08-20 | 2001-11-15 |
| JACKSON, Roland William | Director | 2001-05-22 | 2001-10-24 |
| KILLEEN, Margaret | Director | 2025-07-01 | 2025-08-26 |
| LILLINGTON, Tracey Olivia | Director | 2002-02-14 | 2007-10-17 |
| MICKLEM, James Richard Fenwick | Director | 1996-08-20 | 2016-10-01 |
| MIDDLETON, Peter Nigel | Director | 1998-08-20 | 2000-03-29 |
| NEWMAN, David John | Director | 1996-08-20 | 2002-01-31 |
| OVERY, Carl Anthony | Director | 2007-01-31 | 2024-02-12 |
| REED, Duncan James | Director | 2002-02-25 | 2004-10-08 |
| SCALES, Matthew | Director | 2011-11-08 | 2022-06-21 |
| SHARP, Ralph Julian | Director | 1996-08-20 | 2001-11-08 |
| SPENCER, John William James | Director | 2010-03-22 | 2020-06-23 |
| TROIANO, Charles Dominic | Director | 2001-11-21 | 2005-04-21 |
| WACEK, Michael Gerard | Director | 2010-03-22 | 2025-12-31 |
| YOUNG, Brian David | Director | 1999-06-24 | 2011-06-16 |
| ALPHA DIRECT LIMITED | Corporate Nominee Director | 1996-07-11 | 1996-08-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vivian Prem Watsa | Individual | Shares 25–50% | 2025-12-08 | Active |
| Newline Holdings Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 177 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-07 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-08 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-09-26 | AA | accounts | Accounts with accounts type full | |
| 2025-09-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-02 | AA | accounts | Accounts with accounts type full | |
| 2024-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-31 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 3
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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+63.7%
£17,666,771 £28,924,272
-
Cash
-16.2%
£2,785,054 £2,333,780
-
Net assets
+0.8%
£12,182,025 £12,277,464
-
Employees
—
Not reported
-
Operating profit
+33%
-£59,038 -£39,547
-
Profit before tax
-31.6%
£286,373 £196,021
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers