USAA LIMITED
Company number 00730577 · Monitor this company
Executive summary
USAA LIMITED is operating as a well-capitalized, solvent run-off entity following the successful Part VII transfer of its core insurance portfolio in 2022, with a strategic mandate to liquidate by 2026. Backed by £23.357 million in cash and zero debt, the company's focus has shifted entirely from market competition to liability settlement, cost minimization, and efficient capital return. The primary strategic risks revolve around potential long-tail claims and execution delays that could defer the final distribution of capital to shareholders.
Shareholders' funds
£23,280,000
Balance sheet as at 2024-12-31
What it does
The immediate objectives of the Company are to manage operations effectively and efficiently following the restructure and Part VII transfer in 2022 until the Company is liquidated during 2026.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1962-07-23
- Employees
- 0 (2024 accounts)
- Registered office
- Walsingham House, Seething Lane, London, England, EC3N 4AH
- Postcode
- EC3N 4AH
- Capital
- 13,100,000 GBP
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-10-14
- Next due by
- 2026-10-28
Nature of business (SIC)
- 65120 Non-life insurance
Officers 4 current · 45 resigned
Modern slavery statement
Registered a modern slavery statement for 2021 (period to 2021-04-05) — 2 years on the registry.
Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.
Previous company names
| Name | Date changed |
|---|---|
| AMERICAN OFFICERS INSURANCE COMPANY LIMITED | 1983-01-01 |
Previous registered addresses 6
| Address | Changed on |
|---|---|
| 7TH FLOOR DASHWOOD HOUSE, 69 OLD BROAD STREET, LONDON, EC2M 1NP | 2006-05-22 |
| H FLOOR DASHWOOD HOUSE, 69 OLD BROAD STREET, LONDON, EC2M 1NP | 2006-05-22 |
| 47 DAVIES STREET, LONDON, W1Y 2AT | 1997-06-02 |
| DAVIES STREET, LONDON, W1Y 2AT | 1997-06-02 |
| T FLOOR, BROOK STREET HOUSE, 59 BROOK STREET, LONDON | 1987-11-24 |
| 1ST FLOOR, BROOK STREET HOUSE, 59 BROOK STREET, LONDON | 1987-11-24 |
Among its peers
Top 1%
by shareholders' funds, of 245 similar companies in EC
Among the oldest 25% of its local peers, trading since 1962.
No.2 of the largest non-life insurance companies in London →
Competitors London
This company ranks 2 among non-life insurance in London.
Property in England & Wales 2 titles
- Leasehold
- 2
- Most recent registration
- 2015-06-25
- Where
- Greater London (2)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| AGL346909 | Greater London | Leasehold | 2015-06-25 | — |
| NGL862370 | Greater London | Leasehold | 2006-04-25 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.
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.