THE EXETER CASH PLAN
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Cash
—
Latest balance sheet
Net assets
£2.6M
+0.8% vs 2024
Employees
0
Average over period
Profit before tax
£21K
+103.7% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Accounts not prepared on a going-concern basis
The Financial Statements have been prepared on a basis other than going concern. This is due to EFS exiting the Cash Plan market. All policies had run off by 30 September 2025
-
5 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Gross written premiums | — | £2,116,000 | -£5,000 | -100.2% | |
| Net earned premiums | — | £2,275,000 | £429,000 | -81.1% | |
| Claims incurred | — | £1,704,000 | £288,000 | -83.1% | |
| Investment return | — | £96,000 | £113,000 | +17.7% | |
| Profit before tax | -£236,000 | -£567,000 | £21,000 | +103.7% | |
| Net profit | -£236,000 | -£567,000 | £21,000 | +103.7% | |
| Insurance contract liabilities | — | £549,000 | £0 | -100% | |
| Total assets | £4,275,000 | £3,551,000 | £2,703,000 | -23.9% | |
| Total liabilities | — | £981,000 | £112,000 | -88.6% | |
| Equity | £3,137,000 | £2,570,000 | £2,591,000 | +0.8% | |
| Average employees | — | 0 | 0 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -15.4% | -31.3% | — | |
| Net margin | -9.5% | -26.8% | — | |
| Return on capital employed | -12.1% | -25.8% | — | |
| Gearing (liabilities / total assets) | 26.6% | 27.6% | 4.1% | |
| Current ratio | 6.31x | 3.93x | — |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- THE EXETER CASH PLAN 2015-11-02 → present
- ENGAGE MUTUAL HEALTH 2010-12-20 → 2015-11-02
- PROVINCIAL HOSPITAL SERVICES ASSOCIATION 1953-01-09 → 2010-12-20
Audit & accounting basis
- Accounting basis
- FRS 102, FRS 103
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Not a going concern (break-up basis)
“The Financial Statements have been prepared on a basis other than going concern. This is due to EFS exiting the Cash Plan market. All policies had run off by 30 September 2025”
Significant events
- “During 2024 EFS made a strategic decision to exit the Cash Plan market. As a consequence policies held within the Company ran off during 2025. All policies ran off by the end of September 2025, and EFS intends to close down the Company during 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 62 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOWDEN, Kelly | Secretary | 2026-01-05 | — | — |
| BRYAN, Steven David | Director | 2017-07-03 | Dec 1966 | British |
| CLARK, Suzanne Elisabeth | Director | 2023-08-01 | Jan 1970 | British |
| HAMILTON, William Trevor, Professor | Director | 2015-10-30 | May 1958 | Northern Irish |
| LANGTON, Isobel May | Director | 2021-06-08 | Feb 1963 | British |
| MACLEAN, Donald John, Dr | Director | 2024-05-01 | Dec 1980 | British |
| MALAYAPILLAY, Kelvin Desmond | Director | 2023-08-01 | Mar 1971 | British |
| MCEWAN, Helen Stodart | Director | 2016-09-22 | Sep 1964 | British |
| WARMAN, Gary | Director | 2026-05-02 | Nov 1968 | British |
Show 62 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| EDWARDS, John Philip | Secretary | 2015-10-30 | 2016-10-10 |
| GILBERT, Michael William Harold | Secretary | — | 2010-09-30 |
| HORSLEY, Andrew | Secretary | 2010-09-30 | 2015-04-01 |
| KUBIAK, Zoe Maureen Patricia | Secretary | 2019-02-08 | 2025-08-11 |
| LANGTON, Isobel May | Secretary | 2025-11-21 | 2026-01-05 |
| MEERES, Keith Frederick | Secretary | 2015-04-01 | 2015-10-30 |
| SENIOR, Karen | Secretary | 2025-08-11 | 2025-11-21 |
| TURNER, Shalimar Wilhelmina Varuna | Secretary | 2016-10-10 | 2019-02-08 |
| ADAMS, John William | Director | 2015-04-01 | 2015-10-30 |
| ANDREWS, William George | Director | — | 1995-09-21 |
| AUSTIN, Paul | Director | 2015-10-30 | 2019-04-08 |
| BALDWIN, Keith Reginald | Director | 2019-08-01 | 2024-08-31 |
| BARCOCK, Edward Frank | Director | — | 1996-06-14 |
| BARKER, Denis Charles | Director | — | 1998-06-12 |
| BECK, Peter | Director | — | 2006-03-29 |
| BOWLES, Leslie George | Director | — | 1996-08-01 |
| BRAND, David Sheldon | Director | 2015-10-30 | 2023-06-30 |
| BRITTEN, John Derek | Director | — | 2004-06-10 |
| BULPITT, John Alan | Director | 2007-12-13 | 2010-09-30 |
| BURROWS, Peter James | Director | 2011-03-24 | 2015-06-30 |
| CARVER, Norman Henry | Director | — | 1997-03-07 |
| CHANDLER, Paul Geoffrey | Director | 2013-03-21 | 2015-04-01 |
| CHAPMAN, Andrew Donald Sutcliffe | Director | 2015-10-30 | 2021-06-30 |
| DICKINSON, John Lawrence | Director | — | 1997-06-14 |
| DOBBIN, William Wallace | Director | 2015-10-30 | 2022-12-31 |
| DYKE, John Arthur Nigel | Director | — | 1995-06-09 |
| EDWARDS, Donald Lloyd | Director | — | 2007-05-18 |
| ELLIOTT, Karl Jeffery Dixon | Director | 2010-09-30 | 2015-04-01 |
| FAWCETT, Caroline Elizabeth | Director | 2014-03-20 | 2015-04-01 |
| FENSOME, Donald | Director | 1993-09-09 | 2010-09-30 |
| FOWLER, Harry Frederick Joseph | Director | — | 2010-09-30 |
| GONSHOR, Samuel | Director | — | 1996-12-12 |
| GOSLING, Andrew Thomas | Director | 2011-03-24 | 2015-04-01 |
| GUNN, John Robert | Director | 2019-04-08 | 2024-06-26 |
| HAIGH, Andrew Scott | Director | 2010-09-30 | 2012-12-24 |
| HALL, Brian Terence | Director | — | 1994-09-05 |
| HARGRAVE, David Grant | Director | 2010-09-30 | 2011-05-12 |
| HARVEY, Michael Stafford, Dr. | Director | 1993-06-04 | 2001-06-08 |
| HENDERSON, William Grahamslaw | Director | 2010-09-30 | 2010-11-09 |
| HUBBARD, Peter John | Director | 2022-08-01 | 2026-06-24 |
| LARGE, Malcolm Bruce | Director | 1994-12-08 | 2010-09-30 |
| LAZENBY, Keith David | Director | 1996-06-14 | 2010-09-30 |
| LE BEAU, Peter Edward James | Director | 2015-10-30 | 2017-06-15 |
| LOWE, Simon Wyndham, Dr | Director | 2001-08-09 | 2010-09-30 |
| LUKE, Ian St John, The Rt Hon Lord | Director | — | 1996-05-27 |
| MACLEAN, Fraser Ian | Director | 2004-12-02 | 2008-01-21 |
| MARKEY, Simon Christopher | Director | 2015-04-01 | 2015-10-30 |
| MASON, Peter William | Director | 2010-09-30 | 2013-01-31 |
| MASTERS, Nigel Barry | Director | 2013-03-21 | 2015-04-01 |
| MCCOMB, Christina Margaret | Director | 2010-09-30 | 2015-04-01 |
| MEERES, Keith Frederick | Director | 2015-04-01 | 2015-10-30 |
| PAYNE, Michael Alan | Director | 2023-10-02 | 2026-05-02 |
| PAYNE, Stephen John | Director | 2015-10-30 | 2024-06-26 |
| PHILP, Simon John | Director | 2015-10-30 | 2016-09-01 |
| POLLARD, Christopher John | Director | 2019-04-08 | 2022-06-30 |
| RICHARDSON, Kevin Francis | Director | 2015-10-30 | 2016-05-26 |
| ROBINSON, David Gordon | Director | 2010-09-30 | 2014-04-30 |
| ROCK, Michael Christopher | Director | 2007-09-13 | 2010-09-30 |
| ROSE, Keith George | Director | — | 1996-06-14 |
| TULL, Peter Leslie | Director | — | 1995-06-09 |
| TURLEY, Janet Valerie | Director | 1997-06-13 | 2010-09-30 |
| WHOWELL, William Brian, Dr | Director | — | 1993-06-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Exeter Cash Plan Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
| Exeter Friendly Society Limited | Corporate entity | Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 233 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-01 | AUD | auditors | Auditors resignation company | |
| 2026-06-29 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-17 | AA | accounts | Accounts with accounts type full | |
| 2026-05-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-14 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-01-18 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-11-24 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-11-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-08-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-08-18 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-04-09 | AA | accounts | Accounts with accounts type full | |
| 2025-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-10 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 5
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.