Appointed representative
This firm does not hold FCA authorisation of its own, and acts under a principal firm, which is legally responsible for its regulated business.
- Appointed for 3 years
- Protected through the principal
- No FCA actions
- Active company since 2011
- Accounts filed up to 30 June 2025
- Confirmation statement is overdue at Companies House
- On its latest accounts it owed £97.4k more than it owned
Responsible principal firm
Bannerman Rendell Limited Reference number: 308692 View firm →What does this mean?
- An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct.
- Gem Underwriting Agency Limited (FRN 986425) is an AR of Bannerman Rendell Limited (FRN 308692). When you use Gem Underwriting Agency's services, the FCA authorisation sits with the principal firm.
- Example: if you take financial advice from Gem Underwriting Agency, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances.
- Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.
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.
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No website on the FCA register
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Phone number
-
Address
Plaza 668, Hitchin Road, Luton, Bedfordshire, LU2 7XH, United Kingdom
In the full report: 2 background checks
- What kind of line 07714 214353 is
- Who else gives the postcode LU2 7XH
FCA permissions and consumer protection
- Protection through the principal firmProtection works through Bannerman Rendell Limited, the principal firm responsible for this firm's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
- Complaints Ombudsman, freeYou can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
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.
Concerns on the company record
- Confirmation statement is overdue at Companies House.
- Company number
- 07687960 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 29 June 2011 (15 years old)
- Registered office
- Matches the FCA register address ✓
- Nature of business
-
- Activities of insurance agents and brokers (SIC 66220)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Glenn Marshall | Director | Sep 1969 | 29 Jun 2011 | 1 other company |
| Paul Chainey | Director | Sep 1961 | 7 Dec 2023 | None |
Other companies run by these 2 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 company
- 1
- closed down
- 1
In the full report: all 1 company, named
- What each company does, and whether it is still trading
- Which of these 2 directors sit on each board, and since when
- Any that went into liquidation or administration
- All 3 people who have ever been directors, with their dates
Filed accounts and finances
Total equity
−£97.4k
Down £56.7k from −£40.7k
Cash at bank
£24.1k
+228% from £7,347
Employees (average)
3
Same as 3
Owed within a year
£174k
+90% from £92.0k
Total equity is negative: on its last balance sheet the company owed £97.4k more than it owned.
Assets and liabilities
In the full report: all 6 years of accounts
- Every year from 2020 to 2025
- The chart, over every year
- Every filed figure, year by year
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.
There is no turnover or profit: small companies do not have to publish them.
Accounts filed at Companies House for company 07687960. 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
Gem Underwriting Agency’s history from the FCA register and Companies House, newest first.
2023
1 January 2023
- Glenn Marshall took control (75–100% of shares)
Companies House
2022
31 December 2022
- Glenn Marshall stopped being the majority owner
- Gregory Joseph Condon gave up control
Companies House
2 November 2022
- Became an appointed representative
FCA register
2017
6 April 2017
- Glenn Marshall became the majority owner (50–75% of shares)
- Gregory Joseph Condon took control (75–100% of shares)
Companies House
2011
29 June 2011
- Incorporated at Companies House
Companies House
In the full report: all 11 events
- All 11 events in its history (7 shown here)
- Every director appointment and resignation: 4
Firms connected to Gem Underwriting Agency
Other FCA-listed firms that share a director, phone number or address with Gem Underwriting Agency. A link shows who the firm is tied to, not whether either can be trusted.
- connected firms
- 2
- share its postcode
- 2
In the full report: all 2 connected firms, named
- How each is linked: the same postcode (2)
- Who links each one: the named directors, with dates
Firms like Gem Underwriting Agency
Other firms of the same type (insurance broker), nearest first.
In Luton
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 Gem Underwriting Agency
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 1 other company its directors have run, named
- 2 background checks on its contact details
- 6 years of accounts, charted
- All 11 events in its history
- 2 connected firms, named, and who links them
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Frequently asked questions about this firm
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Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk