CIA INSURANCE SERVICES LIMITED
Trading as CIA Insurance, the company operates as an independent insurance broker and agent based in Rugby, Warwickshire.
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Cash
£4.4M
-23.4% vs 2024
Net assets
£9.2M
-15% vs 2024
Employees
94
0% vs 2024
Profit before tax
£8M
-19.4% first positive since 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Financials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £15,444,986 | £15,861,575 | £16,150,175 | £16,783,687 | £17,742,540 | £18,892,153 | +6.5% | |
| Operating profit | £264,754 | £27,391 | £5,781,884 | £7,283,351 | £9,888,648 | £7,989,618 | -19.2% | |
| Profit before tax | £247,995 | £39,166 | £4,987,982 | -£38,703,814 | £9,907,811 | £7,990,347 | -19.4% | |
| Net profit | £190,016 | £23,179 | -£1,211,745 | -£46,823,581 | £9,495,332 | £8,382,962 | -11.7% | |
| Cash | £3,905,877 | £3,876,433 | £9,470,886 | £14,332,169 | £5,729,095 | £4,388,415 | -23.4% | |
| Total assets less current liabilities | £2,027,814 | £2,050,993 | £839,248 | £2,823,895 | £10,809,339 | £12,709,853 | +17.6% | |
| Net assets | — | — | £839,248 | £2,765,666 | £10,809,339 | £9,192,301 | -15% | |
| Equity | £2,027,814 | £2,050,993 | £839,248 | £2,765,666 | £10,809,339 | £9,192,301 | -15% | |
| Average employees | 104 | 97 | 96 | 97 | 94 | 94 | 0% | |
| Wages | £2,343,825 | £2,361,745 | £2,473,557 | £3,052,802 | £2,807,997 | £2,959,278 | +5.4% | |
| Directors' remuneration | £16,120 | £16,120 | £16,120 | £379,777 | £300,125 | £298,255 | -0.6% |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 1.7% | 0.2% | 35.8% | 43.4% | 55.7% | 42.3% | |
| Net margin | 1.2% | 0.1% | -7.5% | — | 53.5% | 44.4% | |
| Return on capital employed | 13.1% | 1.3% | 688.9% | 257.9% | 91.5% | 62.9% | |
| Gearing (liabilities / total assets) | — | — | — | 83.6% | 33.0% | — | |
| Current ratio | — | — | — | 1.18x | 3.02x | 4.23x | |
| Interest cover | — | — | 7.19x | — | — | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “On 18 August 2025 CIA Insurance's parent Assured Partners International Limited was acquired by Arthur J. Gallagher & Co. who is now the ultimate parent of CIA Insurance Services Limited.”
- “In 2025 a Redress provision was agreed with the FCA, additional detail in note 20.”
- “During the year a review was undertaken that found that the selling of add-on products was not following FCA best practice. This was notified to the FCA and as a result the company has agreed with the regulator to compensate customers affected. The redress provision reflects the expected cost of refunding customers for add-on service fees plus interest. It is expected that these refunds will be processed fully in 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BREE, Michelle | Director | 2025-10-10 | Jun 1986 | Irish |
| COUSINS, David Michael Edwin | Director | 2025-10-22 | Jan 1973 | British |
| CRAWFORD, Charles Robertson | Director | 2025-11-03 | Mar 1964 | British |
| HARRIS, Nicholas George Robert | Director | 2025-11-21 | May 1974 | British |
| WHITTINGHAM, James Oliver | Director | 2025-11-22 | Aug 1977 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOOTH, Andrew Patterson | Secretary | 2001-12-03 | 2006-01-06 |
| CALLABY, Lee Caroline | Secretary | 2008-07-15 | 2023-12-01 |
| SHEPPARD, Martin | Secretary | 2006-01-06 | 2008-07-15 |
| ASHCROFT CAMERON SECRETARIES LIMITED | Corporate Nominee Secretary | 2001-12-03 | 2001-12-03 |
| BLUNDELL, Eliot John | Director | 2006-01-06 | 2023-12-01 |
| CALLABY, Lee Caroline | Director | 2006-01-06 | 2023-12-01 |
| COMPTON, Jackie | Director | 2023-12-01 | 2026-05-21 |
| GOUGH, Sean Nigel | Director | 2023-12-01 | 2024-09-24 |
| HEATHFIELD, David James | Director | 2023-12-01 | 2025-10-31 |
| QUILTER, Stuart James | Director | 2023-12-01 | 2026-04-30 |
| REEVE, Misty-Lee | Director | 2023-12-01 | 2025-05-21 |
| RUSSELL, John Howard | Director | 2001-12-03 | 2005-03-23 |
| SHEPPARD, Martin | Director | 2004-12-31 | 2007-12-10 |
| WAYMAN, Richard | Director | 2023-12-01 | 2026-03-29 |
| ASHCROFT CAMERON NOMINEES LIMITED | Corporate Nominee Director | 2001-12-03 | 2001-12-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Assuredpartners International Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-12-05 | Active |
| L.E.M. Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2025-03-18 |
| Miss Lee Caroline Callaby | Individual | Shares 25–50% | 2016-04-06 | Ceased 2016-04-06 |
| Mr Martin Sheppard | Individual | Shares 25–50% | 2016-04-06 | Ceased 2016-04-06 |
| Mr Eliot John Blundell | Individual | Shares 25–50% | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 137 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-03-26 CC04 Statement of companys objects
- 2026-03-11 RESOLUTIONS Resolution
- 2026-03-11 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-22 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-06-09 | AA | accounts | Accounts with accounts type full | |
| 2026-05-22 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-01 | AD03 | address | Move registers to sail company with new address | |
| 2026-05-01 | AD02 | address | Change sail address company with new address | |
| 2026-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-26 | CC04 | change-of-constitution | Statement of companys objects | |
| 2026-03-11 | RESOLUTIONS | resolution | Resolution | |
| 2026-03-11 | MA | incorporation | Memorandum articles | |
| 2026-01-23 | CH01 | officers | Change person director company with change date | |
| 2025-11-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-05-21 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 19
- Capital events
- 0
- Officers appointed
- 5
- Officers resigned
- 4
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.