COVER-MORE INSURANCE SERVICES LTD
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Cash
£2.5M
+18.2% vs 2024
Net assets
£8.4M
-20% vs 2024
Employees
85
-40.1% vs 2024
Profit before tax
-£6.4M
-26.2% vs 2024
Net assets
4-year trend · vs Financials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £984,119 | £3,214,980 | £4,509,913 | £5,526,021 | +22.5% | |
| Operating profit | -£9,094,599 | -£7,451,500 | -£5,074,849 | -£6,403,336 | -26.2% | |
| Profit before tax | -£9,126,895 | -£7,478,727 | -£5,074,849 | -£6,403,336 | -26.2% | |
| Net profit | -£9,126,895 | -£7,484,348 | £322,691 | -£5,109,190 | -1,683.3% | |
| Cash | £6,247,808 | £4,881,247 | £2,149,599 | £2,541,278 | +18.2% | |
| Total assets less current liabilities | £7,896,807 | £7,412,459 | £10,960,150 | £8,692,625 | -20.7% | |
| Net assets | £7,896,807 | £7,412,459 | £10,535,150 | £8,425,960 | -20% | |
| Equity | £7,896,807 | £7,412,459 | £10,535,150 | £8,425,960 | -20% | |
| Average employees | 39 | 97 | 142 | 85 | -40.1% | |
| Wages | £3,002,801 | £6,319,180 | £8,741,435 | £6,517,031 | -25.4% | |
| Directors' remuneration | £199,274 | £638,523 | £308,723 | £378,698 | +22.7% |
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | -112.5% | -115.9% | |
| Net margin | — | — | 7.2% | -92.5% | |
| Return on capital employed | -115.2% | -100.5% | -46.3% | -73.7% | |
| Current ratio | — | 2.10x | 2.97x | 3.04x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- COVER-MORE INSURANCE SERVICES LTD 1995-10-04 → present
- CHARCO 619 LIMITED 1995-08-08 → 1995-10-04
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. The Company remains part of the Zurich Insurance Group Ltd group and has benefited from the support of the Group in recent years, particularly in the form of capital contributions, which in the current year alone totalled £3m to ensure the Company remained in a net asset position of £8.4m with cash balances of £2.5m at the year end. The Group has committed formal financial support to the Company if required to ensure that the Company is able to continue as a going concern for at least 12 months from the date of signing.”
Significant events
- “On 17 April 2026, the Company issued 3,000,000 Ordinary shares at nominal value of £1.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JTC (UK) LIMITED | Corporate Secretary | 2023-06-19 | — | — |
| CLUTTERBUCK, Jeremy | Director | 2026-02-18 | Aug 1965 | British |
| COGILL, Alistair Liam | Director | 2023-08-03 | May 1986 | British |
| KENNEDY, Nicholas | Director | 2026-05-08 | Jun 1983 | Irish |
| WOOLTORTON, Benjamin David | Director | 2024-08-02 | Mar 1976 | British |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HALCO SECRETARIES LIMITED | Corporate Secretary | 1995-08-08 | 2023-06-19 |
| BRESLIN, Conor Brian | Director | 2023-02-01 | 2024-02-16 |
| CALDER, Murray Hugh | Director | 1997-05-14 | 1999-04-23 |
| CORNET DE WAYS-RUART, Maxime Philippe | Director | 2018-08-10 | 2019-01-31 |
| CROMPTON, Judith | Director | 2016-11-29 | 2019-08-15 |
| DUNNE, Damien | Director | 2019-08-07 | 2022-12-05 |
| FERGUSON, David | Director | 1999-04-23 | 2014-01-31 |
| FINCH, Adam James | Director | 2023-09-04 | 2024-01-09 |
| FINCH, Adam James | Director | 2014-01-22 | 2016-11-29 |
| HENRY, Michael Paul | Director | 1997-05-14 | 1999-04-23 |
| SAUNDERS, George Preston | Director | 2014-01-22 | 2016-08-05 |
| SEBIRE, Justin John | Director | 2024-04-04 | 2025-04-25 |
| SEQVEIRA, Steven Michael | Director | 2004-08-05 | 2014-01-08 |
| SMYTH, Shayne Robert | Director | 1997-05-14 | 2013-04-01 |
| STAIB, Meredith | Director | 2016-11-29 | 2018-08-10 |
| STEINBERG, Mark David | Director | 2016-08-05 | 2017-09-29 |
| SUAREZ DE SOLA, Ernesto Manuel | Director | 2019-08-02 | 2023-07-12 |
| THEOBALD, Grant Robert | Director | 2006-10-27 | 2014-01-31 |
| WHELAN, Jason | Director | 2024-05-17 | 2024-08-07 |
| WHITE, David Jason | Director | 2019-01-22 | 2019-12-31 |
| WOOLTORTON, Benjamin David | Director | 2019-08-02 | 2022-04-30 |
| HALCO MANAGEMENT LIMITED | Corporate Nominee Director | 1995-08-08 | 1997-05-14 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 162 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-19 | AA | accounts | Accounts with accounts type full | |
| 2026-06-03 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-22 | SH01 | capital | Capital allotment shares | |
| 2026-03-27 | CH01 | officers | Change person director company with change date | |
| 2026-03-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-26 | AA | accounts | Accounts with accounts type full | |
| 2025-08-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-25 | SH01 | capital | Capital allotment shares | |
| 2025-02-27 | AD03 | address | Move registers to sail company with new address | |
| 2025-02-27 | AD02 | address | Change sail address company with new address | |
| 2024-09-03 | AA | accounts | Accounts with accounts type full | |
| 2024-08-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-25 | SH01 | capital | Capital allotment shares | |
| 2024-05-24 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-19 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 3
- Officers appointed
- 2
- Officers resigned
- 0
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.