ROYAL LONDON MUTUAL INSURANCE SOCIETY,LIMITED(THE)
Get an alert when ROYAL LONDON MUTUAL INSURANCE SOCIETY,LIMITED(THE) files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-04 (in 2mo)
Last made up 2025-06-20
Watchouts
None on the register
Cash
£489M
+73.4% vs 2023
Net assets
£2B
+12.2% vs 2023
Employees
3,671
+2.9% vs 2023
Profit before tax
£260M
-44.3% vs 2023
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £1,230,000,000 | £1,430,000,000 | |
| Operating profit | £249,000,000 | £277,000,000 | |
| Profit before tax | £467,000,000 | £260,000,000 | |
| Net profit | £382,000,000 | £260,000,000 | |
| Cash | £282,000,000 | £489,000,000 | |
| Total assets less current liabilities | £3,995,000,000 | £4,069,000,000 | |
| Net assets | £1,950,000,000 | £2,188,000,000 | |
| Equity | £1,950,000,000 | £2,188,000,000 | |
| Average employees | 3,567 | 3,671 | |
| Wages | £326,000,000 | £353,000,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 20.2% | 19.4% | |
| Net margin | 31.1% | 18.2% | |
| Return on capital employed | 6.2% | 6.8% | |
| Gearing (liabilities / total assets) | 98.4% | 98.4% | |
| Current ratio | 0.04x | 0.04x | |
| Interest cover | 2.93x | 3.18x |
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
- Consolidated group
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have concluded that the Group can continue in business for at least 12 months from the date of approval of the financial statements.”
Group structure
- ROYAL LONDON MUTUAL INSURANCE SOCIETY,LIMITED(THE) · parent
- Brightgrey Limited 95%
- Cambridge Research Park Management Company Limited 100%
- Royal London Asset Management Limited 100%
- Royal London Irish Holdings Limited 100%
Significant events
- “In July 2024 Royal London completed the Part VII transfer of Aegon UK's closed book of individual protection business, transferring nearly 400,000 customers.”
- “We donated over £2.8m towards our social impact initiatives.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
12 active · 50 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ROYAL LONDON MANAGEMENT SERVICES LIMITED | Corporate Secretary | 2011-03-31 | — | — |
| CAZEAUX, Daniel Sebastian | Director | 2020-09-22 | Nov 1975 | British |
| CRACKNELL, Michelle Ann | Director | 2026-04-29 | Sep 1964 | British |
| DAVIDSON, Ruth Elizabeth | Director | 2021-06-08 | Nov 1978 | British |
| GUYETT, Jane Elizabeth | Director | 2021-08-04 | Sep 1959 | British |
| HUDSON, Isabel Frances | Director | 2025-02-10 | Dec 1959 | British |
| MCMANUS, Eithne Siobhan | Director | 2023-04-01 | Aug 1964 | Irish |
| O'DWYER, Finbar Anthony | Director | 2020-01-08 | May 1971 | Irish |
| PUREWAL, Parwinder Singh | Director | 2023-02-08 | Jun 1959 | British |
| RENNISON, Mark Martin | Director | 2020-09-25 | Aug 1960 | British |
| RICHARDS, Nicola Jane | Director | 2023-10-05 | Aug 1966 | British |
| STEWART, Gregor Ninian | Director | 2025-06-02 | May 1964 | British |
Show 50 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AUJARD, Christopher Charles | Secretary | 2007-06-28 | 2011-03-31 |
| FARMER, Sven Dean | Secretary | — | 1996-03-31 |
| ROSS, Murray John | Secretary | 1996-04-01 | 2007-06-28 |
| ATWAL, Kal | Director | 2020-01-17 | 2026-01-16 |
| BISH JONES, Trevor Charles | Director | 2005-10-14 | 2010-04-29 |
| BRIDGELAND, Sally | Director | 2015-01-14 | 2023-12-31 |
| BRILL, Cyril | Director | — | 1993-01-31 |
| CARTER, Andrew Stewart | Director | 2007-01-02 | 2015-12-31 |
| CARTER, Andrew Stewart | Director | 2007-01-01 | 2007-01-01 |
| COYLE, Gerald Bernard | Director | 1995-10-11 | 1997-12-05 |
| DEANE, John Vincent | Director | 2007-04-01 | 2012-06-29 |
| DICKSON, Olivia Catherine | Director | 2017-06-15 | 2018-12-31 |
| DILKS, Ian Edwin | Director | 2014-11-14 | 2023-12-31 |
| DUFFIN, Brian James | Director | 2001-07-01 | 2007-03-31 |
| ERITH, Robert Felix | Director | — | 1996-04-30 |
| FERGUSON, Duncan George Robin | Director | 2010-04-01 | 2017-06-14 |
| FITZGERALD, Barry Patrick | Director | 1997-01-22 | 2003-04-30 |
| FROST, Alan John | Director | 2000-04-26 | 2001-03-31 |
| GARROOD, Shirley Jill | Director | 2020-12-10 | 2023-06-06 |
| GRAHAM, Tracey | Director | 2013-03-10 | 2022-03-22 |
| HARRIS, Timothy Walter | Director | 2014-05-19 | 2019-06-25 |
| JEENS, Robert Charles Hubert | Director | 2003-05-01 | 2012-05-22 |
| JONES, Brian Robert | Director | — | 1998-10-31 |
| KNIGHTS, John Brian | Director | — | 1995-04-13 |
| LONEY, Philip Duncan | Director | 2011-10-01 | 2019-06-19 |
| LONGHURST, Andrew Henry | Director | 2000-04-26 | 2002-05-31 |
| LUSCOMBE, Kerr | Director | 2012-07-23 | 2014-05-14 |
| MACDONALD, Jonathan Mark | Director | 2012-12-14 | 2019-04-24 |
| MATTHEWS, Kathryn Ann | Director | 2012-06-26 | 2014-12-31 |
| MELVILLE ROSS, Timothy David | Director | 1999-06-01 | 2013-06-04 |
| PALMER, Andrew William | Director | 2011-04-01 | 2020-04-03 |
| PARRY, Kevin Allen Huw | Director | 2019-03-19 | 2024-10-03 |
| PEACOCK, Lynne Margaret | Director | 2023-12-01 | 2025-02-09 |
| PENNANT-REA, Rupert Lascelles | Director | 2012-12-13 | 2018-12-31 |
| PERCIVAL, Anthony Henry | Director | 1999-01-01 | 2001-06-30 |
| PHILLIPS, Christopher Martin | Director | 2001-04-01 | 2003-09-19 |
| PICKARD, Michael John | Director | — | 1999-07-09 |
| PLATT, Jane Christine | Director | 2012-07-05 | 2013-06-04 |
| REID, Hubert Valentine | Director | 1996-04-01 | 2005-12-31 |
| ROSS, Murray John | Director | 1997-01-22 | 2001-06-30 |
| ROSS, Thomas Mackenzie | Director | 2001-07-01 | 2010-05-20 |
| SHONE, Stephen | Director | 1999-01-01 | 2013-06-04 |
| SKIPPER, Barry John | Director | 1995-10-11 | 2000-04-26 |
| SLEE, Thomas William | Director | — | 1999-04-30 |
| TOOKEY, Timothy | Director | 2020-04-06 | 2025-06-03 |
| WEYMOUTH, David Avery | Director | 2012-07-01 | 2021-06-02 |
| WICKER MIURIN, Jane Fields | Director | 2003-01-01 | 2006-05-25 |
| WILLIAMS, David Gay | Director | 2006-03-01 | 2013-06-04 |
| WOODING, Norman, Sir | Director | — | 1996-04-30 |
| YARDLEY, Michael John | Director | — | 2011-10-01 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 364 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-21 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-19 | TM01 | officers | Termination director company | |
| 2025-08-29 | CH01 | officers | Change person director company with change date | |
| 2025-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-17 | MA | incorporation | Memorandum articles | |
| 2025-06-17 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-16 | AA | accounts | Accounts with accounts type group | |
| 2025-06-11 | CH01 | officers | Change person director company with change date | |
| 2025-06-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-28 | CC04 | change-of-constitution | Statement of companys objects | |
| 2024-12-27 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-08 | CH01 | officers | Change person director company with change date | |
| 2024-10-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-01 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+16.3%
£1,230,000,000 £1,430,000,000
-
Cash
+73.4%
£282,000,000 £489,000,000
-
Net assets
+12.2%
£1,950,000,000 £2,188,000,000
-
Employees
+2.9%
3,567 3,671
-
Operating profit
+11.2%
£249,000,000 £277,000,000
-
Profit before tax
-44.3%
£467,000,000 £260,000,000
-
Wages
+8.3%
£326,000,000 £353,000,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers