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Cash

Latest balance sheet

Net assets

Equity attributable

Employees

Average over period

Profit before tax

Period ending 2025-12-31

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 £2,613,789£2,253,250 -13.8%
Net earned premiums £1,219,888£1,811,423 +48.5%
Claims incurred £171,659£264,809 +54.3%
Investment return £7,175£19,689,252,440 +274,414,568.2%
Profit before tax -£214,394-£37,520
Net profit -£160,795-£28,140
Insurance contract liabilities
Total assets £992,282£1,826,153
Total liabilities
Equity -£147,021-£177,955
Average employees

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 2023-12-312024-12-312025-12-31
Operating margin -31.1%-0.7%
Net margin -24.5%-1.1%
Return on capital employed -48.7%-1.4%

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, FRS 103
Reporting scope
Standalone (parent only)
Auditor
PKF Littlejohn LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the Financial Statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the Financial Statements is appropriate. 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.”

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

People

5 active · 1 resigned

Name Role Appointed Born Nationality
ARGENTA SECRETARIAT LIMITED Corporate Secretary 2023-05-22
BOWLES, David Charles Director 2023-05-22 Aug 1968 British
TORGERSON, David Wesley, Dr Director 2023-05-22 Jun 1965 American
APCL CORPORATE DIRECTOR NO.1 LIMITED Corporate Director 2023-05-22
APCL CORPORATE DIRECTOR NO.2 LIMITED Corporate Director 2023-05-22
Show 1 resigned officer
Name Role Appointed Resigned
RAY, Michael Thomas Director 2023-05-22 2023-10-03

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 11 of 11 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-11-07 MA Memorandum articles
  • 2023-11-07 RESOLUTIONS Resolution
Date Type Category Description
2026-07-01 AA accounts Accounts with accounts type full
2025-09-10 AA accounts Accounts with accounts type full
2025-05-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-17 AA accounts Accounts with accounts type full
2024-07-01 AA01 accounts Change account reference date company previous shortened PDF
2024-05-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-11-07 MA incorporation Memorandum articles
2023-11-07 RESOLUTIONS resolution Resolution
2023-10-31 TM01 officers Termination director company with name termination date PDF
2023-07-04 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-05-22 NEWINC incorporation Incorporation company PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

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