How much does Cobalt Underwriting Services Limited make?

Cobalt Underwriting Services Limited reported revenue of £79k and £4.5k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Cobalt Underwriting Services Limited have?

Cobalt Underwriting Services Limited reported an average of 0 employees in the year to 31 Dec 2025.

Is Cobalt Underwriting Services Limited profitable?

Yes — Cobalt Underwriting Services Limited reported a profit of £4.5k in the year to 31 Dec 2025.

Company No. 07979365 · Incorporated 7 Mar 2012

Cobalt Underwriting Services Limited

Registered name: COBALT UNDERWRITING SERVICES LIMITED

Part of Trebuchet Secure Group Limited group

Cobalt Underwriting Services Limited made £79k revenue and £4.5k profit in the year to 31 Dec 2025. read from filing text

Cobalt Underwriting Services Limited’s revenue fell 4% to £79k in the year to 31 Dec 2025, with £4.5k profit and 0 employees. The company is classified under “non-life insurance” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection K · Financial and insurance activitiesSIC 65120Non-life insurance SIC 65202Non-life reinsurance

Status: Active
Location: London, London
Age: 14 yrs · since 2012
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The parent company of Cobalt Underwriting Services Limited is Trebuchet Secure Group Limited and its registered office is 3-5, Greyfriars Business Park, Frank Foley Way, Stafford, ST16 2ST.”

Latest accounts · year to 31 Dec 2025

Key figures

Small team

Revenue

£79k

Growth ▼4%

Profit

£4.5k

Growth —

Profit margin

5.7%

Employees

Change —

Profit / employee

—

Profitable streak

1yr

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£105k	£40.1k	£82.3k	£79k
Operating profit	—	—	−£224k	£20.5k
Profit before tax	£86.9k	£41.2k	−£224k	£20.5k
Profit after tax	£70.4k	£31.5k	−£241k	£4.5k
Profit (best available)	£70.4k	£31.5k	−£241k	£4.5k
Employees (average)	0	0	0	0
Ratios
Profit margin	66.7%	78.6%	−292.5%	5.7%
Growth (year on year)
Revenue growth	—	▼62%	▲105.1%	▼4%
Profit growth	—	▼55.2%	▼863.7%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£43k	£13.9k	£28.6k	£11.1k
Net assets	£225k	£257k	£16.3k	£20.8k
Current assets	£306k	£276k	£29k	£60.4k
Debtors	£56.9k	£28.8k	£0	£48.7k
Deferred income	£82.1k	£3.6k	£3.4k	£11.2k
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 5.7%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 14.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 61.7%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲28%; Now £20.8k
Cash at bank: ▼61%; Now £11.1k
Headcount: —; Now 0
Deferred income: ▲230%; Now £11.2k
Fixed assets: —; Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Trebuchet Secure Group Limitedultimate parent75–100%
Cobalt Underwriting Services Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (4)

Cobalt Insurance Holdings LimitedLiquidationRev. £0 · Profit −£5.9m
Incept LimitedRev. £0 · Profit −£28.6k
Title Risk Global LimitedFigures not disclosed
Trebuchet Investments (UK) LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £4.5k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.