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Cash

Latest balance sheet

Net assets

£40m

USD 54,238,000

+51.8% highest in 3 filed years

Employees

Average over period

Profit before tax

£19m

USD 25,333,000

+15.2% highest in 3 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Gross written premiums £248,824,972£237,360,089 -4.6%
Net earned premiums £87,485,693£79,573,393 -9%
Claims incurred £46,479,376£29,759,197 -36%
Investment return £5,915,273£7,364,548 +24.5%
Profit before tax £10,250,465£16,338,164£18,827,945 +15.2%
Net profit £7,868,450£13,034,560£13,762,170 +5.6%
Insurance contract liabilities £481,039,019£458,371,609 -4.7%
Total assets £579,695,281£703,087,328£707,634,337 +0.6%
Total liabilities £667,323,671£667,323,671 0%
Equity £13,513,935£26,548,495£40,310,665 +51.8%
Average employees 174202

Figures converted to GBP from USD at 0.743 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 2023-12-312024-12-312025-12-31
Operating margin 3.2%7.0%
Net margin 2.3%5.2%
Gearing (liabilities / total assets) 97.7%96.2%
Interest cover 71.36x94.42x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its 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").”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 4 resigned

Name Role Appointed Born Nationality
SGH COMPANY SECRETARIES LIMITED Corporate Secretary 2024-03-31
HAYES, Richard Stephen Maurice Director 2023-09-05 Mar 1982 British
SMITH, James Ross Alick Director 2025-01-01 Apr 1989 British
STEWARD, Kirsty Helen Director 2020-09-01 Aug 1977 British
Show 4 resigned officers
Name Role Appointed Resigned
BRUCE, Martha Blanche Waymark Secretary 2020-09-01 2024-03-31
DE WINTON WILKIN HARRIES, Richard Director 2020-09-01 2023-06-30
LEE, James Robert Francis Director 2020-09-01 2024-12-31
MAURICE, Richard Stephen Director 2023-07-01 2023-07-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Alopuc Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-11-24 Ceased 2025-11-24
Atrium Underwriting Group Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-09-01 Ceased 2025-11-24

Filing timeline

Last 20 of 31 total filings

Date Type Category Description
2026-07-06 AA accounts Accounts with accounts type full
2026-01-27 CH04 officers Change corporate secretary company with change date PDF
2025-12-19 PSC08 persons-with-significant-control Notification of a person with significant control statement PDF
2025-12-19 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-12-19 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-12-19 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-09-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-02 AA accounts Accounts with accounts type full
2025-01-07 TM01 officers Termination director company with name termination date PDF
2025-01-07 AP01 officers Appoint person director company with name date PDF
2024-09-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-17 AA accounts Accounts with accounts type full
2024-03-31 TM02 officers Termination secretary company with name termination date PDF
2024-03-31 AP04 officers Appoint corporate secretary company with name date PDF
2023-10-30 AD01 address Change registered office address company with date old address new address PDF
2023-10-30 PSC05 persons-with-significant-control Change to a person with significant control PDF
2023-09-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-06 AP01 officers Appoint person director company with name date PDF
2023-07-18 TM01 officers Termination director company with name termination date PDF
2023-07-18 TM01 officers Termination director company PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page