UK Companies House feature
MD INSURANCE SERVICES LIMITED
Cash
£88M
+12.3% vs 2020
Net assets
£10M
+3.4% vs 2020
Employees
444
+5.2% vs 2020
Profit before tax
—
Period ending 2021-12-31
Profile
- Company number
- 03642459
- Status
- Active
- Incorporation
- 1998-10-01
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 66220
- Hubs
- UK Fintech
Net assets
3-year trend · vs UK Fintech median
MD INSURANCE SERVICES LIMITED
MD INSURANCE SERVICES LIMITED
MD INSURANCE SERVICES LIMITED
MD INSURANCE SERVICES LIMITED
Accounts
3-year trend · latest 2021-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | — | — | — | |
| Net profit | — | — | £417,498 | |
| Cash | — | £78,638,936 | £88,317,903 | |
| Total assets less current liabilities | — | £63,573,774 | £59,832,380 | |
| Net assets | — | £9,670,324 | £9,995,816 | |
| Equity | £14,797,505 | £9,670,324 | £9,995,816 | |
| Average employees | — | 422 | 444 | |
| Wages | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have considered the appropriateness of reporting under the going concern basis and have concluded that the going concern basis is appropriate.”
Subsidiaries
- MD Warranty Support Services Limited · 100% held · United Kingdom · Surveying services
- MD Warranty Inspection Services Limited · 100% held · United Kingdom · Surveying services
- MD Remedial Contractors Limited · 100% held · United Kingdom · Remedial services
- MD Technical Surveyors Limited · 100% held · United Kingdom · Surveyors
- The Premier Guarantee Limited · 100% held · United Kingdom · Dormant
Significant events
- “A claim is currently being pursued against the company, and its subsidiaries, MD Warranty Inspection Services Limited and MD Warranty Support Services Limited, by AmTrust Specialty Limited (formerly AmTrust Europe Limited) for various alleged breaches of a delegated underwriting authority agreement pursuant to which, it had delegated authority to the Company to underwrite structural latent defects on its behalf. The claim is currently in the early stages of litigation. Liability is strongly denied by the Company and the claim is being defended by solicitors appointed by the Companies' professional indemnity (PI) insurers. While the outcome of the litigation is uncertain, the claim is not expected to exceed the PI policy limits or impact the going concern of the Company. The case has not yet been listed for trial and, as at the timing of signing these financial statements, is not anticipated to go to trial within the next 12 months.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
5 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VAUGHAN, Daniel Paul | Secretary | 2023-12-01 | — | — |
| BURKE, Andrew John | Director | 2025-11-04 | May 1969 | British |
| O’REILLY, Anya Marjorie | Director | 2022-04-01 | Aug 1974 | British |
| STEPHENSON, Christine | Director | 2024-05-24 | Apr 1983 | British |
| SWIGCISKI, David Philip | Director | 2024-07-24 | May 1972 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DEVANEY, Bernadette Mary | Secretary | 1998-10-27 | 2011-12-31 |
| GOODMAN, Jacqueline Ann | Secretary | 2012-01-01 | 2023-12-01 |
| AA COMPANY SERVICES LIMITED | Corporate Nominee Secretary | 1998-10-01 | 1998-10-27 |
| BENNETT, Peter Gerard | Director | 2008-06-30 | 2010-10-01 |
| BUSH, James Kennedy | Director | 2012-01-01 | 2017-04-28 |
| CLAY-PARKER, Robert Andrew | Director | 2011-02-07 | 2012-01-01 |
| CONNOLLY, David | Director | 2011-02-03 | 2020-01-24 |
| DEVANEY, Gary James | Director | 1998-10-27 | 2022-04-01 |
| FORT, Alan James | Director | 2009-01-01 | 2011-01-18 |
| GOODMAN, Jacqueline Ann | Director | 2006-04-01 | 2023-12-01 |
| PLASTER, Robin Edward | Director | 2002-09-11 | 2009-03-09 |
| TURNICK, Ian Martin | Director | 2003-04-06 | 2021-08-31 |
| VINE, Martin John | Director | 2007-01-01 | 2014-03-31 |
| WILLIAMS, Hywel Lyndon | Director | 2007-04-01 | 2022-04-01 |
| WORRALL, Stephen David | Director | 2022-04-01 | 2025-06-10 |
| BUYVIEW LTD | Corporate Nominee Director | 1998-10-01 | 1998-10-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hsb Engineering Insurance Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-04-01 | Active |
| Mr Gary James Devaney | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Ceased 2022-04-01 |
| Mrs Bernadette Mary Devaney | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2022-04-01 |
Filing timeline
Last 20 of 133 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-11-05 | AP01 | officers | appoint person director company with name date |
| 2025-10-04 | AA | accounts | accounts with accounts type full |
| 2025-06-13 | TM01 | officers | termination director company with name termination date |
| 2025-05-09 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-02-05 | AA | accounts | accounts with accounts type full |
| 2024-08-29 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-07-24 | AP01 | officers | appoint person director company with name date |
| 2024-06-04 | AP01 | officers | appoint person director company with name date |
| 2024-05-09 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-02-29 | AUD | auditors | auditors resignation company |
| 2023-12-05 | AP03 | officers | appoint person secretary company with name date |
| 2023-12-05 | TM01 | officers | termination director company with name termination date |
| 2023-12-05 | TM02 | officers | termination secretary company with name termination date |
| 2023-08-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-07-05 | AA | accounts | accounts with accounts type full |
| 2023-05-04 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2022-12-20 | AA | accounts | accounts with accounts type group |
| 2022-08-16 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-04-11 | RESOLUTIONS | resolution | resolution |
| 2022-04-11 | MA | incorporation | memorandum articles |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires EBIT (operating profit / PBT) — not present in the latest extracted accounts.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.