ITASCA MGA LIMITED

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company had net liabilities at 31 December 2024 of $197,000 and net current assets of $1,344,000. The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that, the Company will have sufficient funds to meet its liabilities as they fall due for the foreseeable future. Consequently, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months from the approval date of these financial statements. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. ITASCA MGA LIMITED · parent
   1. Itasca MGA Services Limited 100% · Bermuda · provision of consulting services
   2. Pine Walk Europe SRL Limited · Belgium · Mandated Underwriter

Significant events

• “The Company was incorporated on 5 July 2023 as Itasca MGA Limited. The company began trading on 2 October 2023.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

12

last 12 months

Capital events

3

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.