Company Overview: Monzo is a London based corporation established in 2015 and has always been one of the biggest neobanks in the UK. Since launching its operations, Monzo has established itself in the market, counting over 9.3 million customers and MOL over 11.2 billion in deposits. Monzo even recorded a profit for the first time in 2023, an important achievement in the company’s history. Monzo’s strategy focuses on constant transformation in response to market’s changes, taking advantages of the period of high interest rates, and increasing its range of products including subscription packages. Detailed Financial Table CategoryDetailsNet Worth$5.2 billion (as…
Author: doris
Company Overview: Gousto is a meal kit delivery service based in the UK. Gousto was started in 2012. It operates a subscription business model, whereby customers opt for a range of recipes and all ingredients for the recipes are conveniently delivered to their homes. With regard to revenue generation opportunities, Gousto has positioned itself optimally in the food and agri-tech space by utilizing AI and technology. Even though competing in this segment comes with its challenges, the company has demonstrated persistence by putting profits first scaling growth second. Detailed Financial Table CategoryDetailsNet Worth$1.7 billion (as of 2022)Total Assets£315.3 million (FY…
Company Overview: With headquarters in the United Kingdom, Zego is an insurtech company that began its founding in the year 2016 and focuses on providing business and self-employed individuals with flexible and affordable insurance solutions. Zego became the first insurtech unicorn in UK in 2021 and was most recently valued at $1.1 billion after a successful Series C funding round. The company has been able to diversify its product lines and increase its geographical coverage which enables it to compete as one of the top on-demand insurance providers. Detailed Financial Table CategoryDetailsNet Worth$1.1 billion (as of 2021)Total Assets£200 million (2023)Liabilities£180…
Company Overview: Cazoo is a car-buying retailer that was established in the UK in 2018 and provides its customers with a completely new approach to purchasing and selling cars rather than using physical automobile dealerships, by running the whole business online. Sure enough, as it succeeded—the company became probably the hottest startup in Europe within a few years, got big money and entered several new countries. Even so, Cazoo has encountered great difficulties in maintaining the profitability of its operations and has reported significant losses over several years now because of various economic circumstances. Detailed Financial Table CategoryDetailsNet Worth-€88.95 million…
Company Overview of Graphcore: Graphcore is a prominent UK AI hardware company with their invention of the Intelligence Processing Unit (IPU) which is tailored around AI and machine learning. Graphcore was established in 2016, thanks to the venture capital poured in by a number of famous tech companies, which bomborized them as one of the giants in the industry within a short period. There is a desire by the company to speed up the development of the next era of computing through the use of advanced hardware, which fulfills the requirements of AI evolution. Detailed Financial Table CategoryDetailsNet Worth$1.5 billion…
Company Overview: In the UK, Redrow plc is ranked among the top builders of permanent housing, specializing in quality family homes. Since its incorporation in 1974, Redrow has developed in leaps and bounds as one of the real estate construction leaders. The firm builds ambitious mixed use projects with a great emphasis on design, quality and environment compatibility. Detailed Financial Table CategoryDetailsNet Worth£2.1 billion (as of 2023)Total Assets£4.8 billion (2023)Liabilities£1.7 billion (2023)Holdings by Category- Type of SecurityEquity Investments, Fixed Income Securities- Industry SectorReal Estate, Construction, Financial Services- Geographic RegionPredominantly United Kingdom- Credit QualityA-rated, BBB-rated securities- MaturityShort to Medium-term maturitiesAudited Financial…
The IPA is a government agency in the United Kingdom that manages and facilitates the implementation of the most important public projects. The players work towards a shared common goal of realizing accessibility to pools of capital both through IPA Agency which was formed to correct the deficit of innovation and underdevelopment of infrastructure in Africa. The agency controls the Government Major Projects Portfolio, GMPP, and constitutes major, complex and high-risk innovative projects, such as infrastructure and information technologies, sustainable development and digital transformation of society. As per the 2022-23 Annual Report, the IPA mentioned that the GMMP comprised 244…
Hiscox Ltd is a leading Insurance provider and is headquartered in Bermuda with a specialization in underwriting complex, property, liability and specialty insurance risks in the European and North American markets. The company has built a reputation for its underwriting of complex and high-risk insurance, among others, property, casualty and specialty insurance lines. Over the years since it was established in 1901, Hiscox has become a robust entity within the larger insurance industry, specializing in providing unique client based insurance products. In 2023, Hiscox posted the highest profit ever thanks to excellent performance of the underwriting and almost doubled investment…
Currys PLC is a major retail corporation based in the United Kingdom, Ireland and North Europe that majorizes in the sale of electronics and telecommunications products. The e-commerce business did eliminate the company’s competitors, which offered large volumes of home electronics and household appliances and-equipment. The firm retails Charies whole assortment of consumer electronics PC and mobile phones peripherals CP. There have been several changes in the organization’s name, however starting 1965 the name Currys has been used and retained since then. However, for the year ending in April Fiscal Year 3, the chain had a lot of basic comps…
Beazley is one of the leading specialty lines insurers with headquarters based in London and trading in key markets all over Europe, North America and Asia. It is also recognized for writing complex tax and billion dollar risk policies with such products offering scope of specialty insurance such as cyber liability insurance, complex property risks and professional insurance. This company was established in the year 1986, and over the years, has expanded, in terms of its market share, within the insurance sector because its unique imaging of developing risk is profitable. In 2023, the company performed well financially with a…