SALVATION ARMY GENERAL INSURANCE CORPORATION LIMITED(THE)
Get an alert when SALVATION ARMY GENERAL INSURANCE CORPORATION 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
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-11-26 (in 6mo)
Last made up 2025-11-12
Watchouts
None on the register
Cash
£3M
-35.2% vs 2024
Net assets
£7M
+18.8% vs 2024
Employees
22
-4.3% vs 2024
Profit before tax
£1M
+339% vs 2024
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £19,161,818 | £22,815,130 | |
| Operating profit | -£649,738 | £1,133,865 | |
| Profit before tax | -£530,102 | £1,266,889 | |
| Net profit | -£530,102 | £1,080,679 | |
| Cash | £5,202,263 | £3,371,734 | |
| Total assets less current liabilities | £19,117,327 | £21,052,650 | |
| Net assets | £5,744,254 | £6,824,933 | |
| Equity | £5,744,254 | £6,824,933 | |
| Average employees | 23 | 22 | |
| Wages | £973,489 | £1,162,384 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -3.4% | 5.0% | |
| Net margin | -2.8% | 4.7% | |
| Return on capital employed | -3.4% | 5.4% | |
| Gearing (liabilities / total assets) | 71.0% | 69.1% | |
| Current ratio | 24.37x | 14.10x | |
| Interest cover | -34.87x | 61.00x |
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
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis and the directors consider this to be the correct basis. The directors have considered the appropriateness of preparing these financial statements on a going corncern basis. The Company does not require any borrowing facilities, having sufficient funds to meet its forecast cash flow needs from its own resources.”
Significant events
- “The year ending March 2025 marks a significant milestone as the Company grew in number of overall policyholders, Gross Written Premium (GWP), profitability and in the strength of its Balance Sheet.”
- “Internally, we have implemented changes to the composition of the Board and the Executive team, as well as to our product offering and distribution approach.”
- “Arran Gray has been promoted from COO to Deputy CEO from September and with the following changes it genuinely feels like a new and exciting chapter for Sagic.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 38 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRAY, Arran David | Secretary | 2024-04-03 | — | — |
| DEWAR, Gordon | Director | 2011-11-01 | Dec 1965 | British |
| FENTON, Nicola Louise | Director | 2025-09-10 | May 1974 | British |
| GRAHAM, Nicholas Howard | Director | 2025-09-10 | Jul 1957 | British |
| GRAY, Arran | Director | 2019-03-01 | Dec 1987 | British |
| HILDITCH, Judith Anne | Director | 2018-01-01 | Jun 1961 | British |
| KINGSCOTT, Paul David, Lt-Col | Director | 2024-05-01 | Jun 1960 | British |
| MORRISSEY, Justine Mary | Director | 2020-05-27 | Mar 1970 | British |
| STRACHAN, Catriona Margaret | Director | 2021-02-09 | Feb 1962 | British |
| WATERS, Richard Noel | Director | 2023-07-31 | Dec 1961 | British |
Show 38 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HILL, Ronald David | Secretary | 2009-01-21 | 2014-12-31 |
| MOYSE, Alan Richard | Secretary | 1997-07-16 | 2009-01-21 |
| REES, Anthony Beynon | Secretary | — | 1995-06-30 |
| WALFORD, Brian Harold | Secretary | 1995-07-10 | 1997-06-30 |
| WRIGHT, Stefanie Faye | Secretary | 2015-01-01 | 2024-04-03 |
| BAILEY, Martin Edward | Director | 2013-07-03 | 2025-09-04 |
| BECKER, Gordon, Colonel | Director | 1992-03-11 | 2006-10-25 |
| CAFFULL, Ramsay Michael, Lieutenant Colonel | Director | 1996-08-01 | 1998-02-18 |
| CHUNG, Edmund Liu, Major | Director | 2001-05-30 | 2005-04-20 |
| CLARK, Duncan | Director | 2019-10-09 | 2021-01-06 |
| COOPER, Robert David | Director | — | 1992-12-09 |
| DALZIEL, William | Director | 2016-01-01 | 2025-09-10 |
| EMERTON, Caroline Mary | Director | 2016-01-01 | 2017-08-18 |
| FERGUSON-SMITH, Jeremy, Lieutenant | Director | 2013-07-03 | 2019-01-30 |
| FISHER, Lawrence, Colonel | Director | 1980-11-18 | 2003-06-04 |
| FISHER, Lawrence, Colonel | Director | — | 1995-07-01 |
| HARDWICK, Graham Bramwell | Director | 1998-07-09 | 2018-11-28 |
| HILL, Ronald David | Director | 2009-01-21 | 2014-12-31 |
| HINTON, David Paul | Director | 2005-07-20 | 2011-07-11 |
| LANCELEY, David William, Major | Director | 1997-07-16 | 2000-07-26 |
| LOGAN, Colin William, Colonel | Director | — | 1998-05-27 |
| MOTT, John Anthony | Director | 2000-07-26 | 2011-10-31 |
| READ, Alan, Lieut-Colonel | Director | 2014-07-03 | 2024-04-16 |
| READ, Alan, Lieut-Colonel | Director | 2005-11-03 | 2012-06-17 |
| REES, Anthony Beynon | Director | 1995-07-01 | 2000-01-26 |
| REIGH, Patrick Arthur | Director | 2001-02-09 | 2014-03-04 |
| RICE, David Stephen | Director | 2016-01-01 | 2021-12-31 |
| RICH, Ivor William Wesley | Director | — | 1993-07-12 |
| ROWLANES, John Edmund, Lieut-Colonel | Director | 1993-11-18 | 2001-05-30 |
| STONE, Timothy Charles | Director | 2019-10-09 | 2023-06-21 |
| TELFER, Ivor Stanley, Lieut-Colonel | Director | 2011-07-11 | 2014-03-31 |
| WAINWRIGHT, John Douglas, Major | Director | 2003-07-23 | 2008-01-23 |
| WAINWRIGHT, John Douglas | Director | 1995-02-17 | 1998-11-16 |
| WARNER, John Harold, Major | Director | 2008-01-23 | 2014-01-01 |
| WELCH, Richard Mark, Major | Director | 2014-03-26 | 2015-09-01 |
| WILLIAMS, Michael, Lieut-Colonel | Director | 2008-01-23 | 2011-07-11 |
| WOOD, Peter James, Lieut-Colonel | Director | 2001-07-25 | 2003-11-05 |
| WRIGHT, Stefanie Faye | Director | 2016-01-01 | 2024-04-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Salvation Army Trustee Company | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 232 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-15 | AA | accounts | Accounts with accounts type full | |
| 2025-09-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-30 | AA | accounts | Accounts with accounts type full | |
| 2024-06-23 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-17 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-04-17 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-12-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-30 | AA | accounts | Accounts with accounts type full | |
| 2023-07-31 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-03 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-20 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+19.1%
£19,161,818 £22,815,130
-
Cash
-35.2%
£5,202,263 £3,371,734
-
Net assets
+18.8%
£5,744,254 £6,824,933
-
Employees
-4.3%
23 22
-
Operating profit
+274.5%
-£649,738 £1,133,865
-
Profit before tax
+339%
-£530,102 £1,266,889
-
Wages
+19.4%
£973,489 £1,162,384
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