MIDAS UNDERWRITING LTD
Company number 04040230 · Monitor this company
Executive summary
Midas Underwriting is a strategically valuable, capital-light MGA operating within the robust Ardonagh Group ecosystem, leveraging corporate scale to generate commission-based revenues while limiting underwriting risk. While the MGA model inherently shields the balance sheet from claims volatility, the firm must navigate recent leadership transitions and optimize its long-term debtor collections to unlock trapped working capital. Ultimately, Midas's growth trajectory will be defined by how effectively it utilizes its parent group's distribution network while managing operational liquidity and integration risks.
Shareholders' funds
£226,783
Balance sheet as at 2013-04-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2000-07-25
- Registered office
- Quay Point, Lakeside Boulevard, Doncaster, England, DN4 5PL
- Postcode
- DN4 5PL
- Capital
- 15 GBP
- Accounts category
- Audit Exemption Subsidiary
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-06-18
- Next due by
- 2027-07-02
Nature of business (SIC)
- 65120 Non-life insurance
Officers 2 current · 22 resigned
Group structure 1 subsidiary
Controlled by ATLANTA MGA HOLDINGS LIMITED — since 2023-01-04
Controlled by RDG MIDAS HOLDINGS (NI) LIMITED — since 2016-04-06
-
CHARLES HURST INSURANCE SERVICES LTD Dissolved
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — Z5419526 (Tier 2), registered since 2001.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous company names
| Name | Date changed |
|---|---|
| CLAIMSAFE LTD | 2011-04-18 |
| CLAIMSAFE (UK) LTD | 2001-11-14 |
| STELLACREST LIMITED | 2000-08-22 |
Previous registered addresses 6
| Address | Changed on |
|---|---|
| C/O GROUND FLOOR, ST BENEDICT HOUSE 17 SPRINGFIELD LYONS APPROACH, CHELMSFORD, ESSEX, CM2 5LB, ENGLAND | 2018-07-12 |
| QUAY POINT LAKESIDE BOULEVARD, DONCASTER, SOUTH YORKSHIRE, DN4 5PL, ENGLAND | 2016-06-16 |
| GROUND FLOOR ST BENEDICTS HOUSE 17 SPRINGFIELD LYONS APPROACH, CHELMSFORD, ESSEX, CM2 5LB | 2016-04-06 |
| 2 STONE LODGE LANE, IPSWICH, IP2 9PA | 2011-07-08 |
| APARTMENT 105 1 PRESCOT STREET, LONDON, E1 8RL | 2001-11-16 |
| 3RD FLOOR, 19 PHIPP STREET, LONDON, EC2A 4NZ | 2000-08-24 |
Competitors Doncaster
This company ranks 8 among non-life insurance in Doncaster.
The class of 2000
48%
of the 221 companies in this sector incorporated in 2000 are still active today; 50% have since been dissolved.
A fact about the year, not a forecast for this company.
This company's registered activities are in financial services. If it carries on regulated business, it should appear on the FCA's Financial Services Register — the official record of authorised firms.