---
title: "THE UNDERWRITING EXCHANGE LIMITED — Ownership Dossier"
canonical: https://whiteintel.dev/entity/dcc78608-50c2-5e36-bea3-837178c8be1b
json: https://whiteintel.dev/api/public/dossier/dcc78608-50c2-5e36-bea3-837178c8be1b
identifier: oo:GB-COH-07126381
jurisdiction: GB
risk: Low
source: WhiteIntel corporate-ownership graph
---

# THE UNDERWRITING EXCHANGE LIMITED

**Type:** Company  
**Jurisdiction:** [GB](https://whiteintel.dev/jurisdictions/gb)  
**Identifier:** `oo:GB-COH-07126381`  
**Risk level:** Low  
**Canonical dossier:** https://whiteintel.dev/entity/dcc78608-50c2-5e36-bea3-837178c8be1b  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/dcc78608-50c2-5e36-bea3-837178c8be1b  

## Cross-source identity

The same real-world entity, resolved across sources:

- **THE UNDERWRITING EXCHANGE LIMITED** — GLEIF · `lei:213800KWMJK238VH9T52` — https://whiteintel.dev/entity/9b9ca40d-e63a-583f-bb63-e65c6f1adc48

## Ownership & control

### Owners / controllers

- **Mr Stephen Patrick O'Connor** (beneficial owner) — 50% — https://whiteintel.dev/entity/d98bbd29-b664-5dac-812e-f812b256657f
- **Mr Adrian Michael Butler** (beneficial owner) — 50% — https://whiteintel.dev/entity/7f390f0c-1dbe-536d-b30d-ebc73a644a9b
- **SPECIALIST RISK INVESTMENTS LIMITED** (beneficial owner) — 100% — https://whiteintel.dev/entity/7a29da95-8bb7-5b94-b665-de4e82fac540
- **SPECIALIST RISK GROUP LIMITED** (beneficial owner) — 100% — https://whiteintel.dev/entity/e9dcc820-9cf4-5dc2-b780-41101762ddc3
- **Mr Adrian Michael Butler** (beneficial owner) — 37.5% — https://whiteintel.dev/entity/b15a8944-5b4f-4b13-9510-d37f303d9552
- **Mr Stephen Patrick O'Connor** (beneficial owner) — 37.5% — https://whiteintel.dev/entity/3fb073b1-f4be-4ffe-9e49-772d704d2579
- **SPECIALIST RISK INVESTMENTS LIMITED** (beneficial owner) — 87.5% — https://whiteintel.dev/entity/7a29da95-8bb7-5b94-b665-de4e82fac540
- **SPECIALIST RISK GROUP LIMITED** (beneficial owner) — 87.5% — https://whiteintel.dev/entity/e9dcc820-9cf4-5dc2-b780-41101762ddc3

### Holdings / subsidiaries

- **CQB HOLDINGS LIMITED** (beneficial owner) — 87.5% — https://whiteintel.dev/entity/21601a93-b518-58f3-b915-250edcd20543
- **HARBOUR NEWCO LIMITED** (beneficial owner) — 87.5% — https://whiteintel.dev/entity/00cae0db-a6fb-48c1-9cd9-e9dd815babab
- **LONDON IRELAND MARKET EXCHANGE LIMITED** (beneficial owner) — 87.5% — https://whiteintel.dev/entity/6379303c-2a39-5862-9623-443770b763ed

### UBO chain (walk to the ultimate owner)

A **36-step** ownership/control chain to the ultimate beneficial owner is resolved for this entity. The full cited chain unlocks with a paid API key or a one-off dossier — https://whiteintel.dev/pricing.

## Company profile (live · UK Companies House)

- **Company number:** `07126381`
- **Status:** active
- **Type:** ltd
- **Incorporated:** 2010-01-15
- **Registered office:** 7th Floor, The St Botolph Building, 138 Houndsditch, London, EC3A 7AW, England
- **SIC:** 65120

### Officers

- BORKHATARIA, Eleanor Rachel — secretary · appointed 2022-09-29
- ANDERSON, Lee David — director · British · appointed 2020-09-01
- HANLY, Joseph James — director · Irish · appointed 2022-05-10
- NIMMO, Neil Keith — director · British · appointed 2026-02-18
- BUTLER, Adrian Michael — director · Irish · appointed 2010-01-15 · resigned 2020-08-31
- DOWNEY, Warren — director · British · appointed 2020-09-01 · resigned 2026-02-18
- GASCOIGNE, Ian Matthew Charles — director · British · appointed 2019-02-01 · resigned 2020-08-31
- JOHNS, Andrew David — director · British · appointed 2014-01-01 · resigned 2022-03-23
- KING, Brian Anthony — director · British · appointed 2013-08-01 · resigned 2019-02-01
- LEBECQ, Clare Louise — director · British · appointed 2022-07-27 · resigned 2024-09-02
- LOVE, Charles — director · British · appointed 2019-02-01 · resigned 2022-03-04
- O'CONNOR, Stephen Patrick — director · Irish · appointed 2010-01-15 · resigned 2020-08-31
- ROBERTSON, Iain Leith Johnston — director · British · appointed 2019-02-01 · resigned 2020-08-31
- STOVOLD, Tony — director · English · appointed 2016-08-05 · resigned 2020-08-31

### Beneficial owners (Persons with Significant Control)

- [Specialist Risk Group Limited](https://whiteintel.dev/entity/e9dcc820-9cf4-5dc2-b780-41101762ddc3) — 75–100% shares · corporate PSC · England — since 2019-08-13
- [Specialist Risk Investments Limited](https://whiteintel.dev/entity/7a29da95-8bb7-5b94-b665-de4e82fac540) — 75–100% shares · corporate PSC · England — ceased 2019-08-13
- Mr Adrian Michael Butler — 25–50% shares · individual PSC — ceased 2019-02-01
- Mr Stephen Patrick O'Connor — 25–50% shares · individual PSC — ceased 2019-02-01

## Provenance

- OpenOwnership — https://find-and-update.company-information.service.gov.uk/company/07126381
- companies_house_bulk — https://find-and-update.company-information.service.gov.uk/company/07126381

## Get the full, resolved dossier (agent-callable)

The above is the free teaser. The resolved **multi-hop UBO chain**, ownership **%**, full **financial history**, itemised **assets** and the hop-by-hop **exposure path** are the paid depth — callable as tools from your agent:

```bash
npx -y @whiteintel/mcp-server   # then: get_dossier · trace_ownership_path · check_offshore_exposure
```

Or unlock a one-off cited dossier for **THE UNDERWRITING EXCHANGE LIMITED** — https://whiteintel.dev/entity/dcc78608-50c2-5e36-bea3-837178c8be1b · pricing https://whiteintel.dev/pricing.

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **THE UNDERWRITING EXCHANGE LIMITED**. Human view: https://whiteintel.dev/entity/dcc78608-50c2-5e36-bea3-837178c8be1b · Structured JSON: https://whiteintel.dev/api/public/dossier/dcc78608-50c2-5e36-bea3-837178c8be1b._

_Risk levels are heuristic investigative leads, not legal determinations of beneficial ownership. Every claim carries a source; an absent edge means "not yet observed in current sources", not "does not exist"._