{"name":"USAA LIMITED","company_number":"00730577","status":"Active","type":"Private Limited Company","incorporated":"1962-07-23","dissolved":null,"registered_office":"Walsingham House, Seething Lane, London, England, EC3N 4AH","postcode":"EC3N 4AH","sic_codes":[{"code":65120,"description":"Non-life insurance"}],"principal_activity":"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.","previous_names":[{"name":"AMERICAN OFFICERS INSURANCE COMPANY LIMITED","changed_on":"1983-01-01"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2024-12-31","next_due":"2026-09-30"},"employees":{"count":0,"accounts_date":"2024-12-31"},"financials":[{"financial_date":"2024-12-31","net_assets":23280000,"cash":23357000,"average_employees":0},{"financial_date":"2023-12-31","net_assets":23855000,"cash":15460000,"average_employees":0},{"financial_date":"2022-12-31","turnover":11105000,"net_assets":26027000,"cash":7902000}],"officers":{"current":4,"resigned":45,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/usaa","people":"https://www.companiesintheuk.co.uk/company/usaa/people","filing_history":"https://www.companiesintheuk.co.uk/company/usaa/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/00730577","financials":"https://www.companiesintheuk.co.uk/company/usaa/financial","control":"https://www.companiesintheuk.co.uk/company/usaa/control","charges":"https://www.companiesintheuk.co.uk/company/usaa/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/usaa/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/usaa"}