UK Companies House feature
LEO INTERMEDIATECO LIMITED
Profile
- Company number
- 11768386
- Status
- Active
- Incorporation
- 2019-01-15
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 66190
- Hubs
- UK Fintech
Accounts
Pending extraction
No iXBRL extracted yet for this company.
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe that there are adequate risk mitigation measures in place to support the ongoing liquidity and solvency requirements for the Group and its subsidiaries based on the FY25 plan and the mitigating factors that exist to cover any risks. Importantly the Group has access to additional funds via a revolving credit facility should it require it, in addition to a strong investor base that has the incentive and the financial capacity to provide more investment capital if a need were to arise.”
Subsidiaries
- Optio Group Limited · 100% held · Holding company
- UK GBP Newco Ltd · 100% held · Holding company
- UK USD Newco Ltd · 100% held · Holding company
- UK EUR Newco Ltd · 100% held · Holding company
- Ascent Underwriting LLP · 100% held · Insurance Underwriting
- Optio Group Services Limited · 100% held · Service Company
- Optio Europe Brokers Ltd · 100% held · Malta · Insurance Intermediary
- Optio Underwriting Limited · 100% held · Managing General Agent
- Optio Risk Services Limited · 100% held · Lloyd's Insurance Broker
- Cove Programs Insurance Services LLC · 100% held · Los Angeles CA · Broker Insurance Services
- Badger Bidco Limited · 100% held · Holding Company
- Anchor Bidco Limited · 100% held · Holding Company
- Brockwell Capital Limited · 100% held · Warranty and Indemnity MGA
- GPS Malta Limited · 100% held · Malta · Holding Company
- Northcourt Limited · 100% held · Malta · Nuclear Risk Underwriters
- Optio Europe Holdings Limited · 100% held · Malta · Holding Company
- Optio RE Mena Limited · 100% held · Dubai, UAE · Broker Insurance Services
- Optio Europe S.à r.l. · 100% held · Luxembourg · Holding Company
- Optio Italy S.R.L. · 100% held · Italy · Holding Company
- Den Hartigh Beheer &Exploitatie B.V. · 100% held · Netherlands · Holding Company
- Optio Group Holdings (Nederlands) B.V. · 100% held · Netherlands · Holding Company
- Den Hartigh Holding N.V. · 100% held · Belgium · Holding Company
- Den Hartigh International Insurance B.V. · 100% held · Netherlands · Land based Equipment MGA
- Den Hartigh Advies groep B.V. · 100% held · Netherlands · Land based Equipment MGA
- Den Hartigh Service providing B.V. · 100% held · Netherlands · Service Company
- Industrial Insurance Group Belgium N.V. · 100% held · Belgium · Land based Equipment MGA
Significant events
- “The ongoing geopolitical instability and challenging macro economic environment has created a significant impact on global insurance markets.”
- “On 5th January 2023 the Group incorporated a new company, Star Newco Limited. ... On 3 March 2023, Star Newco Limited was sold to AJH Newco Limited for £14,900,000, plus ascertainable deferred consideration - during the year this amounted to £7,608,087.”
- “On 19 November 2024, Optio Group Limited (a direct subsidiary) acquired 100% shareholding of Den Hartigh Beheer & Exploitatie B.V. ("DHB") and its subsidiaries.”
- “During February 2025 and March 2025, the Group issued £500,000 worth of staff loans to several employees.”
- “On 6 February 2025, the Group issued 1,916,176 ordinary shares to its Parent, Leo Intermediateco Limited to settle the equity consideration for the Den Hartigh Beheer & Exploitatie BV acquisition.”
- “On 19 February 2025, Group incorporated Optio Norway AS, an intermediate holding company in Norway as a wholly owned subsidiary of Optio Europe S.a.r.l.”
- “On 28 February 2025, the Group announced its acquisition of S Insurance, a Norwegian MGA specialising in marine hull insurance.”
- “On 14 April 2025, the Group drew down on the debt facility in preparation to fund the acquisition of S Insurance, a Norwegian MGA specialising in marine hull insurance.”
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
6 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CALLIDUS SECRETARIES LIMITED | Corporate Secretary | 2024-07-01 | — | — |
| AUJLA, Jatender Singh | Director | 2019-01-15 | May 1982 | British |
| BISCHOPS, Jeroen | Director | 2021-12-06 | Dec 1983 | Dutch |
| BOUHADIBA, Fares | Director | 2025-12-16 | Oct 1994 | French |
| MUGGE, Mark Stephen | Director | 2025-12-16 | Oct 1969 | British |
| SONI, Deepak | Director | 2025-12-16 | Jun 1980 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Spring Midco Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2022-07-14 | Active |
| Leo Midco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-01-15 | Ceased 2022-07-14 |
Filing timeline
Last 20 of 46 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-16 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-01-21 | CH01 | officers | change person director company with change date |
| 2026-01-15 | SH01 | capital | capital allotment shares |
| 2026-01-02 | AP01 | officers | appoint person director company with name date |
| 2025-12-18 | AP01 | officers | appoint person director company with name date |
| 2025-12-18 | AP01 | officers | appoint person director company with name date |
| 2025-12-02 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-11-13 | CH01 | officers | change person director company with change date |
| 2025-09-11 | AA | accounts | accounts with accounts type group |
| 2025-08-04 | SH01 | capital | capital allotment shares |
| 2025-04-16 | SH01 | capital | capital allotment shares |
| 2025-04-11 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-02-07 | SH01 | capital | capital allotment shares |
| 2024-10-11 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-10-01 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-09-23 | AA | accounts | accounts with accounts type group |
| 2024-08-02 | AP04 | officers | appoint corporate secretary company with name date |
| 2024-04-25 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-04-04 | SH01 | capital | capital allotment shares |
| 2023-06-15 | AA | accounts | accounts with accounts type group |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Composite activity score · components 0–100 · reference 2026-05-10
70.8
WARM
/ 100
- Filings velocity 83
- Capital events 80
- Officer churn 75
- Headcount trajectory 50
- Accounts trajectory 50
- 10 filing(s) in last 12 months
- 4 capital event(s) in last 24 months
- 3 appointed, 0 resigned (12mo)