POLO COMMERCIAL INSURANCE SERVICES LIMITED
Operating as a subsidiary of Marco Capital Holdings (UK) Limited, the company provides non-life insurance and auxiliary services and was formerly known as Capita Commercial Insurance Services Limited.
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Cash
£3.8m
+92.2% highest in 3 filed years
Net assets
£3.6m
-17.3% lowest in 3 filed years
Employees
382
+13% highest in 3 filed years
Profit before tax
£700k
+104.7% first positive since 2024
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 |
|---|---|---|---|---|---|
| Turnover | £18,844,706 | £19,194,093 | £21,359,117 | +11.3% | |
| Operating profit | £1,271,127 | £786,241 | £692,324 | -11.9% | |
| Profit before tax | £1,093,335 | -£14,931,824 | £700,121 | +104.7% | |
| Net profit | £820,010 | -£14,983,308 | £325,656 | +102.2% | |
| Cash | £3,386,130 | £1,985,616 | £3,816,916 | +92.2% | |
| Total assets less current liabilities | — | £5,740,964 | £8,365,875 | +45.7% | |
| Net assets | £19,346,729 | £4,363,421 | £3,609,923 | -17.3% | |
| Equity | £19,346,729 | £4,363,421 | £3,609,923 | -17.3% | |
| Average employees | 312 | 338 | 382 | +13% | |
| Wages | £10,351,132 | £11,543,594 | £20,477,359 | +77.4% | |
| Directors' remuneration | £565,164 | £658,082 | £805,185 | +22.4% |
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 | 6.7% | 4.1% | 3.2% | |
| Net margin | 4.4% | -78.1% | 1.5% | |
| Return on capital employed | — | 13.7% | 8.3% | |
| Gearing (liabilities / total assets) | 25.0% | 52.0% | 79.7% | |
| Current ratio | 1.37x | 1.82x | 1.16x | |
| Interest cover | 16.64x | 4.28x | 2.79x |
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 4 times since incorporation
- POLO COMMERCIAL INSURANCE SERVICES LIMITED 2022-05-09 → present
- CAPITA COMMERCIAL INSURANCE SERVICES LIMITED 2007-07-05 → 2022-05-09
- CLAIMS MANAGEMENT GROUP LIMITED 1998-10-02 → 2007-07-05
- IRISC LIMITED 1995-12-12 → 1998-10-02
- IRISC LONDON LIMITED 1993-08-17 → 1995-12-12
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On this basis, the Directors believe the Company is well placed to manage its business risks successfully and have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, being at least 12 months from the date of approval of the financial statements. Therefore, the financial statements have been prepared on a going concern basis.”
Significant events
- “The movement [in net assets for 2025] is driven by a dividend payment of £1,921,417 and £979,517 proceeds from the disposal of an investment in Pardus Holdings Limited.”
- “Increased central service staff cost required to support the business following the acquisition by Marco Capital Holdings Limited of the Company and to facilitate future growth.”
- “The company disposed of investment designated at fair value through other comprehensive income during the year for proceeds of £979k.”
- “During 2024 there was an attempt to set-up Polo Digital, a service line based on a digital platform, which was subsequently abandoned. This has resulted in the exceptional costs being incurred in 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 63 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ROBINSON, Laura | Secretary | 2025-10-06 | — | — |
| ANDREWS, Paul David | Director | 2023-05-04 | May 1966 | British |
| COUGHLIN, Richard Daniel | Director | 2022-09-23 | Jul 1968 | British |
| LAWSON, Richard Frederick | Director | 2023-02-01 | Mar 1966 | British |
| NOKES, Gareth Howard John | Director | 2025-02-20 | Aug 1974 | British |
| RILEY, Jeremy Hardwicke | Director | 2023-06-05 | Nov 1960 | British |
| WEDDERBURN, Stella Elizabeth | Director | 2024-03-14 | Sep 1957 | British |
| WOOLDRIDGE, Paul Ian | Director | 2019-07-16 | Nov 1964 | British |
Show 63 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MEADOWS, Adenike Oluwatobi | Secretary | 2024-08-15 | 2025-10-06 |
| MORGAN, Richard Trevor Antony | Secretary | 1996-02-27 | 2007-03-31 |
| PIGRAM, Ivor | Secretary | 1993-08-17 | 1996-02-27 |
| CAPITA COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2007-03-31 | 2008-12-01 |
| CAPITA GROUP SECRETARY LIMITED | Corporate Secretary | 2008-12-01 | 2022-04-29 |
| HACKWOOD SECRETARIES LIMITED | Corporate Secretary | 2022-04-29 | 2023-06-30 |
| ASHBURN, Christopher Stuart | Director | 2018-08-24 | 2020-10-09 |
| BARNES, Simon Royston | Director | 2008-02-08 | 2011-07-31 |
| BEDFORD, Nicolas Norman | Director | 2018-02-14 | 2018-06-28 |
| BEER, Andrew John | Director | 2012-09-20 | 2013-06-15 |
| BISHOP, Matthew James | Director | 2024-01-29 | 2025-03-31 |
| BISSELL, John Charles | Director | 2011-10-25 | 2013-09-13 |
| BORD, Andrew | Director | 2015-06-24 | 2016-09-30 |
| BOWMAN, Andrew John | Director | 2016-03-23 | 2018-02-14 |
| CALLAHAN, Charles Edward | Director | 1998-10-21 | 2003-07-28 |
| CARTER, Gregson James Grierson | Director | 2011-12-12 | 2013-09-13 |
| CHOPOURIAN, Arthur Giragos | Director | 2007-10-18 | 2009-05-08 |
| CLEMENTS, Karen Suzanne | Director | 2013-09-04 | 2015-04-17 |
| COLLS, Alan Howard Crawfurd | Director | 1994-08-18 | 1997-12-31 |
| CONBOY, Philip Richard | Director | 2005-10-31 | 2007-03-31 |
| COX, Timothy Michael | Director | 1995-05-30 | 2007-08-31 |
| COX, Timothy Michael | Director | 1995-05-23 | 1995-05-23 |
| CREASY, Edward George | Director | 2009-07-08 | 2013-01-24 |
| EISENMANN, Stephen | Director | 1993-08-19 | 1998-10-21 |
| ESCOTT, Brent | Director | 2011-06-17 | 2012-07-25 |
| FINLAY, William David | Director | 2009-07-01 | 2010-03-04 |
| FULLER, Andrew Jonathan | Director | 2008-07-10 | 2008-11-30 |
| GREATOREX, Anthony Nicholas | Director | 2013-09-01 | 2015-04-17 |
| HALE, John Selwyn | Director | 2007-10-18 | 2013-09-13 |
| HAMER, Michael David | Director | 1994-08-18 | 1996-02-27 |
| HENRY, John Derek | Director | 2009-02-20 | 2011-03-31 |
| HOLLAND, Richard Francis | Director | 2007-06-14 | 2008-09-30 |
| HOLLOWAY, Stanley James | Director | 1998-10-21 | 1999-11-23 |
| HUGHES, Shane Carl | Director | 2013-06-26 | 2013-08-19 |
| JARVIS, Ian Edward | Director | 2014-01-03 | 2016-03-23 |
| JENNINGS, Paul Russell | Director | 2006-07-07 | 2007-06-29 |
| JEWELL, David Raymond | Director | 2007-10-18 | 2013-01-24 |
| JOHNSON, Peter Durwood | Director | 1993-08-19 | 2003-07-28 |
| KAUFMANN, Jean Louise | Director | 1993-08-19 | 1998-10-21 |
| KING, John Bryan | Director | 2007-06-14 | 2010-04-01 |
| LAVER, Douglas Lindsay Hay | Director | 2007-10-18 | 2008-06-30 |
| LAWS, Peter Michael, Dr | Director | 2021-10-08 | 2024-04-26 |
| MACTAGGART, Alistair Robert | Director | 2016-08-15 | 2020-08-05 |
| MARGETTS, Michael John | Director | 2010-03-04 | 2010-05-28 |
| MARGETTS, Michael John | Director | 2010-02-23 | 2010-02-23 |
| MCARTHUR, Jeremy Hardman | Director | 1993-08-17 | 2008-06-20 |
| MILCHEM, Barry Peter | Director | 2007-10-18 | 2008-02-29 |
| MONTAGUE-FULLER, Richard John | Director | 2018-07-13 | 2022-11-04 |
| MORRIS, Keith William | Director | 2006-04-12 | 2006-10-26 |
| NORRIS, Adrian Mark | Director | 2010-04-06 | 2013-09-13 |
| PEARSON, David Gay | Director | 2007-10-18 | 2009-03-17 |
| PELL, Anthony Maxwell | Director | 2008-10-07 | 2009-10-21 |
| PIGRAM, Ivor | Director | 1993-08-17 | 1993-08-19 |
| ROBERTSON, Steven | Director | 2009-02-20 | 2009-05-22 |
| ROY, Kate | Director | 2007-10-18 | 2008-10-31 |
| SALTER, Barry Paul | Director | 2001-12-18 | 2002-08-28 |
| SCHRAUWERS, Cornelis Antonius Carolus Maria, Dr | Director | 2005-10-31 | 2006-10-23 |
| SHARP, Stephen | Director | 2013-09-13 | 2014-02-03 |
| SYKES, Simon | Director | 2020-07-29 | 2023-03-24 |
| TAIT, Michael John | Director | 2006-12-12 | 2007-03-31 |
| VINCENT, James D'Arcy | Director | 2015-03-10 | 2020-10-09 |
| WHEATLEY, Terence George | Director | 1996-02-27 | 1999-07-21 |
| WHITE, Paul | Director | 2007-10-18 | 2008-02-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Marco Capital Holdings (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-04-29 | Active |
| Capita Insurance Services Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2022-04-29 |
Filing timeline
Last 20 of 335 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-07-13 | CH01 | officers | Change person director company with change date | |
| 2026-07-13 | CH01 | officers | Change person director company with change date | |
| 2026-07-02 | AA | accounts | Accounts with accounts type full | |
| 2026-04-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-04-16 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-08-22 | AA | accounts | Accounts with accounts type full | |
| 2025-08-07 | CH01 | officers | Change person director company with change date | |
| 2025-07-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-08 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-03 | AA | accounts | Accounts with accounts type full | |
| 2024-08-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-07-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-03 | CH01 | officers | Change person director company with change date | |
| 2024-04-03 | CH01 | officers | Change person director company with change date | |
| 2024-04-03 | CH01 | officers | Change person director company with change date | |
| 2024-04-03 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.