TRAFALGAR INSURANCE LIMITED

1. TRAFALGAR INSURANCE LIMITED 2019-08-29 → present
2. TRAFALGAR INSURANCE PUBLIC LIMITED COMPANY 1907-12-23 → 2019-08-29

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

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.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“These Financial Statements have been prepared on a going concern basis. The Company has capital in excess of the minimum regulatory requirements. In addition, the Board has reviewed the Company's forecasts for the next 12 months and beyond. The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months from the reporting date of the Financial Statements.”

Significant events

• “The Company ceased underwriting activity in 2006 and since that date has been actively managing the settlement and run-off of the remaining insurance contract liabilities.”
• “The intention is that the Board will apply for a Part VII transfer as part of the programme to rationalise the insurance entities in Allianz UK during 2026. The Part VII transfers all insurance related liabilities and assets from the Company to AZI.”
• “The two separate PPOs are associated with accidents that gave rise to claims against the Company's underwritten policies. In 2008, the PPOs were ordered by the respective courts and AZI was listed as the defendant insurer and is therefore legally responsible for complying with the obligations under the respective PPOs. Financially and operationally the liability under the PPOs has been dealt with by the Company. The Company and AZI signed a "Deed of indemnity" on 3 April 2023 ("Deed").”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  -63.9%

  £158,000 → £57,000

• Net assets

  +2%

  £8,800,000 → £8,979,000

• Employees

  —

  Not reported

• Profit before tax

  -26.1%

  £287,000 → £212,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers