MARKEL CAPITAL LIMITED
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Cash
—
Latest balance sheet
Net assets
£96M
USD 128,094,000
+11.2% highest in 3 filed years
Employees
0
Average over period
Profit before tax
£101M
USD 135,126,000
+205.7% highest in 3 filed years
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 | £662,356,640 | £763,697,410 | £911,786,196 | +19.4% | |
| Net earned premiums | £37,593,951 | £124,250,636 | £131,650,696 | +6% | |
| Claims incurred | -£27,195,688 | £57,227,130 | £18,673,454 | -67.4% | |
| Investment return | £24,522,384 | £24,447,522 | £36,878,275 | +50.8% | |
| Profit before tax | £37,175,475 | £33,088,786 | £101,157,359 | +205.7% | |
| Net profit | £30,530,768 | £24,208,714 | £77,031,741 | +218.2% | |
| Insurance contract liabilities | £1,501,069,022 | £1,511,360,234 | £1,620,437,940 | +7.2% | |
| Total assets | £2,155,094,325 | £2,309,106,154 | £2,696,523,432 | +16.8% | |
| Total liabilities | £2,093,066,327 | £2,222,869,442 | £2,600,630,334 | +17% | |
| Equity | £62,027,998 | £86,236,712 | £95,893,098 | +11.2% | |
| Average employees | — | 0 | 0 | — |
Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 |
|---|---|---|---|---|
| Gearing (liabilities / total assets) | 97.1% | 96.3% | — |
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
- MARKEL CAPITAL LIMITED 2000-04-20 → present
- TERRA NOVA CAPITAL LIMITED 1995-10-30 → 2000-04-20
- CAVEBERRY LIMITED 1995-10-17 → 1995-10-30
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP, London
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors of the Company have conducted their going concern assessment and have concluded that there are no material uncertainties that could cast significant doubt over the Company's ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”
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 |
|---|---|---|---|---|
| TEESDALE, Lara Simone | Secretary | 2020-01-01 | — | — |
| COSTANZO, Brian Jeffrey | Director | 2024-01-19 | Feb 1978 | American |
| DAVIES, Andrew John | Director | 2000-07-27 | Jan 1966 | British |
| HILLIER, Thomas James | Director | 2026-03-04 | Jun 1979 | British |
| MCMELLIN, Andrew Neil | Director | 2025-08-29 | Jul 1966 | British |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAILEY, Andrew John | Secretary | 1998-12-01 | 2020-01-01 |
| NORLEDGE, Peter William | Secretary | 1995-10-30 | 1998-02-13 |
| SMITH, Linda Joy | Secretary | 1998-02-13 | 1998-11-30 |
| CLIFFORD CHANCE SECRETARIES LIMITED | Corporate Nominee Secretary | 1995-10-17 | 1995-10-30 |
| ALBANESE, Gerard | Director | 2004-01-01 | 2008-09-01 |
| BARRETT, Simon Christopher | Director | 2019-12-03 | 2020-07-31 |
| BRAZIL, Jeremy William | Director | 2005-06-16 | 2017-12-31 |
| BROWN, Reginald Ewart | Director | 2000-07-27 | 2000-11-27 |
| CHARLTON, Peter John | Nominee Director | 1995-10-17 | 1995-10-30 |
| COOKE, Jeremy David | Director | 2000-05-10 | 2003-05-30 |
| COX, Robert Chantry | Director | 2023-01-01 | 2023-12-31 |
| DWYER, John Jay | Director | 1995-10-30 | 1998-02-13 |
| LINE, Nicholas James Stephen | Director | 2018-01-01 | 2025-10-31 |
| MARKEL, Anthony Foster | Director | 2000-05-10 | 2005-06-16 |
| MARSHALL, Ian | Director | 2002-05-28 | 2004-04-07 |
| RICHARDS, Martin Edgar | Nominee Director | 1995-10-17 | 1995-10-30 |
| RIDDICK, John | Director | 1995-10-30 | 1998-02-13 |
| ROGERS, Nigel Harold John | Director | 1996-01-25 | 2000-07-27 |
| STOVIN, William David | Director | 2005-06-16 | 2021-11-01 |
| WEDLAKE, William John | Director | 1998-02-13 | 2000-05-05 |
| WHITT, Richard Reeves | Director | 2003-12-01 | 2022-12-31 |
| WILSON, Simon | Director | 2021-11-01 | 2025-08-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Markel Capital Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 268 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-08 | AA | accounts | Accounts with accounts type full | |
| 2026-03-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-01 | AA | accounts | Accounts with accounts type full | |
| 2024-10-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-19 | CH01 | officers | Change person director company with change date | |
| 2024-07-23 | AA | accounts | Accounts with accounts type full | |
| 2024-01-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-11 | AA | accounts | Accounts with accounts type full | |
| 2023-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-15 | AA | accounts | Accounts with accounts type full | |
| 2021-11-02 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-02 | 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
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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.