UK Companies House feature
BRACE UNDERWRITING LIMITED
Profile
- Company number
- 12157605
- Status
- Active
- Incorporation
- 2019-08-15
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 66220
- 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
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has adequate resources to continue trading for at least 12 months from the date of authorisation of these financial statements and the Directors intend for it to do so. Accordingly, they continue to adopt the going concern basis in preparing the Annual Report.”
Subsidiaries
- Brace UK & Europe Underwriting Limited · 50% held · London · Underwriting
- Brace Underwriting Corporation · 100% held · United States · Holding Company
- Brace Insurance Services LLC · 77.5% held · United States · Underwriting
Significant events
- “On June 4, 2024, Ambac Financial Group, Inc (AFG) entered into a share purchase agreement to acquire approximately 60% of the entire issued share capital of the Company's parent entity, Beat Capital Partners Limited. The acquisition closed with an effective date of 31 July 2024.”
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
10 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHABE, Tamara | Secretary | 2025-08-01 | — | — |
| MARSDEN, Heather Elizabeth | Secretary | 2020-11-25 | — | — |
| NAHER, Shamsun | Secretary | 2023-02-22 | — | — |
| CAVANAGH, John Paul | Director | 2019-08-15 | Oct 1958 | British |
| COOMBE, Jason Louvet Turner | Director | 2026-02-03 | Jul 1986 | British |
| JOHNSTON, Hayley | Director | 2026-02-03 | Aug 1971 | British |
| KULLER, Albert Ulf Fredrik | Director | 2026-02-03 | Aug 1983 | Swedish |
| MARSDEN, Heather Elizabeth | Director | 2023-02-22 | Oct 1974 | American |
| RAYNER, Paul Michael | Director | 2019-08-15 | Jul 1978 | British |
| SAMBROOK, Thomas Huw | Director | 2026-02-03 | Sep 1988 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAKER, Katie Victoria | Secretary | 2019-08-15 | 2025-08-04 |
| RUGHANI, Shradha | Secretary | 2019-08-15 | 2023-01-26 |
| HOLBERRY, Adam Mark, Mr. | Director | 2020-02-10 | 2025-11-06 |
| RAWLINS, Charles, Mr. | Director | 2020-08-14 | 2022-02-10 |
| RUGHANI, Shradha | Director | 2019-08-15 | 2023-01-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Octave Specialty Limited | Corporate entity | Shares 50–75%, Voting 50–75%, Appoints directors | 2019-08-15 | Active |
Filing timeline
Last 20 of 75 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-17 | SH01 | capital | capital allotment shares |
| 2026-03-14 | RESOLUTIONS | resolution | resolution |
| 2026-03-14 | MA | incorporation | memorandum articles |
| 2026-02-04 | AP01 | officers | appoint person director company with name date |
| 2026-02-04 | AP01 | officers | appoint person director company with name date |
| 2026-02-04 | AP01 | officers | appoint person director company with name date |
| 2026-02-04 | AP01 | officers | appoint person director company with name date |
| 2026-01-21 | SH06 | capital | capital cancellation shares |
| 2026-01-21 | SH03 | capital | capital return purchase own shares |
| 2025-11-25 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-11-07 | TM01 | officers | termination director company with name termination date |
| 2025-10-06 | AA | accounts | accounts with accounts type full |
| 2025-08-18 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-08-14 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-08-12 | AD01 | address | change registered office address company with date old address new address |
| 2025-08-08 | TM02 | officers | termination secretary company with name termination date |
| 2025-08-04 | AP03 | officers | appoint person secretary company with name date |
| 2025-05-22 | SH01 | capital | capital allotment shares |
| 2025-05-16 | RESOLUTIONS | resolution | resolution |
| 2025-05-16 | MA | incorporation | memorandum articles |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.