Accelerate Underwriting Limited

Reference number: 956721

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Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks, 1 thing worth a closer look

  • When shapeuw-digital.com first appeared online, and whether it can receive email
  • What kind of line 020 3141 2600 is
  • Who else gives the postcode EC3M 6BB
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Other names (2)

If you were contacted under any of these names, it is this firm.

  • Accelerate Trading name: A name it trades under now.
  • Shape Digital Trading name: A name it trades under now.

FCA permissions and consumer protection

  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Sell or arrange insurance FSCS may apply
    Eligible insurance claims may be FSCS-protected, often 90%, or 100% for compulsory or long-term cover.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (4 permissions)
  • Arranging (bringing about) deals in investments
  • Assisting in the administration and performance of a contract of insurance
  • Dealing in investments as agent
  • Making arrangements with a view to transactions in investments

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company status
Active
Company type
Private limited company
Incorporated
16 June 2015 (11 years old)
Registered office
1 Great Tower Street, London, EC3R 5AA, England
Nature of business
  • Non-life insurance (SIC 65120)

Directors and company secretaries

Name Role Born Appointed Other companies
Scott Brown Director Nov 1973 17 Sep 2015 None
Michael David Simon Edgeley Director Oct 1966 1 Nov 2024 78 other companies
Mandy Hunt Director Jul 1971 1 Nov 2024 3 other companies
Jitendra Patel Secretary Not published 1 Sep 2024 –

Other companies run by these 3 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
80
closed down
33
are FCA-registered
13

In the full report: all 80 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 13 on the FCA register, including one no longer authorised
  • The 1 company these 3 directors run together
  • All 12 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2023Full accountsAudited

Net assets

−£390k

Up £589k from −£979k

Cash at bank

£548k

−47% from £1.04m

Employees (average)

12

+9.1% from 11

Owed within a year

£1.74m

−36% from £2.70m

Net assets are negative: on its last balance sheet the company owed £390k more than it owned.

No turnover or profit for the year to 31 December 2023: the accounts print them but do not tag them. The last tagged figures are £1.68m turnover and £175k profit, for the year to 31 December 2019.

Assets and liabilities

In the full report: all 5 years of accounts

  • Every year from 2019 to 2023
  • The chart, over every year
  • Every filed figure, year by year
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About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

Accounts filed at Companies House for company 09640934. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Accelerate Underwriting’s history from the FCA register and Companies House, newest first.

2024

1 September 2024

  • Clear Group (Holdings) Limited became the majority owner (50–75% of shares)
  • Scott Brown stopped being a part-owner

Companies House

2022

22 March 2022

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

2021

19 February 2021

  • Minority Venture Partners 10 Limited became a part-owner (25–50% of shares)
  • Resolution Underwriting Holdings Ltd stopped being a part-owner

Companies House

2016

6 April 2016

  • Resolution Underwriting Holdings Ltd became a part-owner (25–50% of shares)
  • Scott Brown became a part-owner (25–50% of shares)
  • Scott Brown stopped being a part-owner

Companies House

2015

16 June 2015

  • Incorporated at Companies House

Companies House

In the full report: all 34 events

  • All 34 events in its history (10 shown here)
  • Every director appointment and resignation: 21
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Firms connected to Accelerate Underwriting

Other FCA-listed firms that share a director, phone number or address with Accelerate Underwriting. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
12
share a director
12

In the full report: all 12 connected firms, named

  • How each is linked: shared directors (12)
  • Who links each one: the named directors, with dates
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Firms like Accelerate Underwriting

Other firms of the same type (insurance broker), nearest first.

In London

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Accelerate Underwriting

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 80 other companies its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • 5 years of accounts, charted
  • All 34 events in its history
  • 12 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Accelerate Underwriting Limited FCA authorised?
Yes, Accelerate Underwriting Limited (FRN 956721) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since March 2022 and works as an insurance broker. The FCA has placed no limits on its permissions.
What is Accelerate Underwriting’s phone number and website?
The FCA register lists the phone number 020 3141 2600 and the website shapeuw-digital.com for Accelerate Underwriting. If you were given different contact details, use these to check with the firm before going any further.
Is Accelerate Underwriting a scam or clone?
Accelerate Underwriting is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Accelerate Underwriting?
Its FCA permissions do not allow it to hold or control client money. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Accelerate Underwriting to the Financial Ombudsman Service, free of charge.
Who owns Accelerate Underwriting?
Accelerate Underwriting is owned by Clear Group (Holdings) Limited, which holds 50–75% of shares, 50–75% of votes and can appoint and remove the board, since 1 September 2024. Before that, it was controlled by Mr Scott Brown and Resolution Underwriting Holdings Ltd.
Who runs Accelerate Underwriting?
Companies House lists 3 directors of Accelerate Underwriting: Scott Brown, Michael David Simon Edgeley and Mandy Hunt.
How long has Accelerate Underwriting been in business?
The company was formed on 16 June 2015, and has held its current FCA authorisation since March 2022.
What do Accelerate Underwriting’s latest accounts show?
Its latest accounts, to 31 December 2023, show net assets of −£390k (up £589k from −£979k) and cash at bank of £548k (−47% from £1.04m).
Does Accelerate Underwriting use any other names?
It trades as Accelerate and Shape Digital.

Sources and links

The full report on Accelerate Underwriting Limited

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