M G F UNDERWRITING LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-23 (in 1mo)
Last made up 2025-06-09
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£2M
+23.1% vs 2023
Employees
—
Average over period
Profit before tax
£310K
-4.3% vs 2023
Name history
Renamed 1 time since incorporation
- M G F UNDERWRITING LIMITED 2000-11-24 → present
- FERRIER LIMITED 1999-05-26 → 2000-11-24
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 |
|---|---|---|---|
| Gross written premiums | £2,403,543 | £2,616,869 | |
| Net earned premiums | £1,668,707 | £1,904,823 | |
| Claims incurred | £770,941 | £999,491 | |
| Investment return | £176,585 | £258,481 | |
| Profit before tax | £323,726 | £309,808 | |
| Net profit | £239,549 | £244,859 | |
| Insurance contract liabilities | £4,063,476 | £4,509,044 | |
| Total assets | £6,371,726 | £7,366,589 | |
| Total liabilities | £4,814,541 | £5,450,384 | |
| Equity | £1,557,185 | £1,916,205 | |
| Average employees | — | — |
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 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 75.6% | 74.0% |
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
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HAMPDEN LEGAL PLC | Corporate Secretary | 2021-10-18 | — | — |
| TOTTMAN, Mark John | Director | 2023-07-31 | Jun 1964 | British |
| TURNBULL, Jonathan Michael | Director | 2021-10-18 | Feb 1951 | British |
| TURNBULL, Meredith Sara Jane | Director | 2023-11-10 | Jun 1980 | British |
| TURNBULL, Rosy Emily Grace | Director | 2023-11-10 | Mar 1982 | British |
| TURNBULL, Thomas Roy | Director | 2023-11-10 | Mar 1978 | British |
| TURNBULL, Victoria Sara Jane | Director | 2023-11-10 | Mar 1952 | British |
| NOMINA PLC | Corporate Director | 2021-10-18 | — | — |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FERRIER, Michael George | Secretary | 1999-05-26 | 2021-10-18 |
| EVANS, Jeremy Richard Holt | Director | 2021-10-18 | 2023-07-31 |
| FERRIER, Graham Michael | Director | 2014-01-03 | 2021-10-18 |
| FERRIER, Kay Graham | Director | 1999-05-26 | 2021-10-18 |
| FERRIER, Michael George | Director | 1999-05-26 | 2021-10-18 |
| FERRIER, Scott George | Director | 2014-01-03 | 2021-10-18 |
| RAMSAY, Jane Margaret | Director | 2014-01-03 | 2021-10-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Victoria Sara Jane Turnbull | Individual | Shares 25–50%, Voting 25–50% | 2025-09-04 | Active |
| Mr Jonathan Michael Turnbull | Individual | Shares 25–50%, Voting 25–50% | 2021-10-18 | Active |
| Mr Graham Michael Ferrier | Individual | ownership-of-shares-25-to-50-percent-as-firm, voting-rights-25-to-50-percent-as-firm | 2016-04-06 | Ceased 2021-10-18 |
| Mrs Jane Margaret Ramsay | Individual | ownership-of-shares-25-to-50-percent-as-firm, voting-rights-25-to-50-percent-as-firm | 2016-04-06 | Ceased 2021-10-18 |
| Mr Scott George Ferrier | Individual | ownership-of-shares-25-to-50-percent-as-firm, voting-rights-25-to-50-percent-as-firm | 2016-04-06 | Ceased 2021-10-18 |
Filing timeline
Last 20 of 276 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-11 RESOLUTIONS Resolution
- 2024-05-22 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-26 | CH01 | officers | Change person director company with change date | |
| 2025-12-04 | AA | accounts | Accounts with accounts type full | |
| 2025-09-11 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-11 | SH02 | capital | Capital alter shares redemption statement of capital | |
| 2025-09-09 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-09-09 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-06-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-25 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-25 | CH01 | officers | Change person director company with change date | |
| 2024-10-10 | AA | accounts | Accounts with accounts type full | |
| 2024-09-19 | SH01 | capital | Capital allotment shares | |
| 2024-06-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-22 | RESOLUTIONS | resolution | Resolution | |
| 2024-05-22 | SH02 | capital | Capital alter shares redemption statement of capital | |
| 2023-11-22 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-22 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-22 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-22 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-18 | AA | accounts | Accounts with accounts type full | |
| 2023-08-07 | 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
- 3
- Officers appointed
- 0
- Officers resigned
- 0
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
-
Gross written premiums
+8.9%
£2,403,543 £2,616,869
-
Net earned premiums
+14.1%
£1,668,707 £1,904,823
-
Profit before tax
-4.3%
£323,726 £309,808
-
Equity
+23.1%
£1,557,185 £1,916,205
-
Claims incurred
+29.6%
£770,941 £999,491
-
Insurance contract liabilities
+11%
£4,063,476 £4,509,044
-
Investment return
+46.4%
£176,585 £258,481
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