NATIONAL FARMERS UNION MUTUAL INSURANCE SOCIETY LIMITED(THE)
Get an alert when NATIONAL FARMERS UNION 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
2026-06-02 (in 1mo)
Last made up 2025-05-19
Watchouts
None on the register
Cash
£235M
-23.5% vs 2023
Net assets
£7B
+5.5% vs 2023
Employees
4,683
+6.4% vs 2023
Profit before tax
£381M
+133.7% vs 2023
Name history
Renamed 1 time since incorporation
- NATIONAL FARMERS UNION MUTUAL INSURANCE SOCIETY LIMITED(THE) 1919-06-21 → present
- MIDLAND FARMERS MUTUAL INSURANCE SOCIETY LIMITED 1910-09-30 → 1919-06-21
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 | £2,146,000,000 | £2,411,000,000 | |
| Operating profit | £163,000,000 | £381,000,000 | |
| Profit before tax | £163,000,000 | £381,000,000 | |
| Net profit | £164,000,000 | £360,000,000 | |
| Cash | £307,000,000 | £235,000,000 | |
| Total assets less current liabilities | £10,541,000,000 | £10,767,000,000 | |
| Net assets | £7,032,000,000 | £7,422,000,000 | |
| Equity | £7,032,000,000 | £7,422,000,000 | |
| Average employees | 4,403 | 4,683 | |
| Wages | £233,000,000 | £250,000,000 |
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 | 7.6% | 15.8% | |
| Net margin | 7.6% | 14.9% | |
| Return on capital employed | 1.5% | 3.5% | |
| Gearing (liabilities / total assets) | 64.2% | 63.6% | |
| Current ratio | 0.38x | 0.36x |
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
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors consider that the financial statements have been prepared on the going concern basis.”
Group structure
- NATIONAL FARMERS UNION MUTUAL INSURANCE SOCIETY LIMITED(THE) · parent
- NFU Mutual Management Company Limited
- NFU Mutual Unit Managers Limited
- NFU Mutual Select Investments Limited
- NFU Mutual Pension Fund Trust Company Limited
Significant events
- “During the year we achieved significant milestones, supporting customers through our insurance, pensions and investments offering as well as charitable work and community campaigns.”
- “As members began to recover from the severe storms of 2023, they were hit with a further three in January 2024 and another two as the year ended, which resulted in a total of 11,000 claims for customers impacted by flood and storm damage.”
- “Our new company car scheme, launched in Quarter 1 of 2024, offers eligible employees access to electric and hybrid emission vehicles.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
13 active · 49 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JOHNS, Sian Elizabeth | Secretary | 2024-05-01 | — | — |
| BAILIE, Jonathan Robert | Director | 2018-03-19 | Dec 1963 | British |
| CAPPER, Alison Mary | Director | 2018-04-09 | Jun 1968 | British |
| DEANE, John Vincent | Director | 2022-11-01 | Aug 1958 | British |
| FAIRHEAD, Alan Charles | Director | 2020-11-01 | May 1959 | British |
| KELSALL, Rachel Joanna | Director | 2023-04-01 | Aug 1969 | British |
| MCLAREN, James Crawford | Director | 2012-01-01 | Jul 1967 | British |
| MORLEY, Richard David | Director | 2018-10-26 | Jul 1967 | British |
| SIMPSON, Sarah Elizabeth | Director | 2024-09-01 | Jul 1973 | British |
| SMITH, David William | Director | 2023-01-01 | Aug 1959 | British |
| TURNER, Nicholas James | Director | 2013-07-01 | Jul 1967 | British |
| WATSON, Nicholas John | Director | 2021-05-24 | Apr 1969 | British |
| WILLIAMS, Sally Angela Helen | Director | 2025-12-01 | Jul 1966 | British |
Show 49 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COOPER, William Edward | Secretary | — | 2002-08-31 |
| CREECHAN, James Damian | Secretary | 2002-06-01 | 2024-04-30 |
| HITCHCOCK, Arnold Quinney | Secretary | — | 1999-07-31 |
| AINSLIE, Ross Robert | Director | 2021-03-01 | 2022-10-31 |
| ANDERSON, David | Director | 2010-06-18 | 2014-02-14 |
| ARIF, Kim | Director | 2007-01-01 | 2018-04-23 |
| BOWER, Steven Mark | Director | 2010-07-01 | 2023-03-31 |
| BUCHANAN, Elizabeth Faith Currer | Director | 2023-04-01 | 2023-10-27 |
| BUTLER, Richard Charles | Director | 1998-11-01 | 2008-12-31 |
| BUTLER, Richard Clive, Sir | Director | — | 1996-01-12 |
| CADBURY, Roger Victor John | Director | 1998-04-01 | 2002-12-31 |
| CARTER, Richard John, Jp | Director | 1997-02-10 | 2003-05-31 |
| COLDICUTT, Peter Edward | Director | — | 1994-10-20 |
| CURRY, Donald Thomas Younger, Lord | Director | 1997-07-30 | 2011-12-31 |
| DEACON, Robert Anthony | Director | 1995-05-18 | 1997-06-30 |
| DOWDALL, Michael | Director | — | 1997-02-09 |
| DUFFIN, Brian James | Director | 2014-01-01 | 2022-12-31 |
| ELLIOT, John Andrew | Director | 2009-01-09 | 2016-12-31 |
| EVANS, Alun | Director | — | 2000-05-31 |
| EVANS, Jonathan Peter | Director | 2000-06-01 | 2010-06-17 |
| FROST, Alan John | Director | 2002-02-11 | 2009-12-31 |
| GEDEN, Ian Scott | Director | 1999-08-01 | 2008-12-31 |
| GRANT, Ian David, Sir | Director | — | 2008-07-31 |
| HANN, James, Sir | Director | 1993-11-18 | 1998-01-18 |
| HARRIS, Alan | Director | 2006-01-03 | 2011-05-31 |
| HIBBERD, Sally-Ann | Director | 2014-07-01 | 2018-01-29 |
| HODSON, Beverley Cliffe | Director | 2008-07-01 | 2012-06-21 |
| HORRELL, Michael John | Director | — | 1998-10-31 |
| IDE, Christopher George | Director | 2010-01-01 | 2013-06-28 |
| JACKSON, James Alan | Director | — | 1994-10-20 |
| KENNEDY, Harriet Christine, Dr | Director | 2014-11-14 | 2023-03-31 |
| LEECH, Ian Charles | Director | 2010-10-01 | 2013-08-30 |
| MADDERS, William Woodhouse | Director | 1994-10-20 | 2003-10-31 |
| MCCUSKER, Eileen Elizabeth | Director | 2012-07-01 | 2020-08-07 |
| MCINTYRE, James Archibald | Director | — | 1993-09-16 |
| MORROW, William Robert | Director | — | 1998-04-30 |
| NEWTON, Robert | Director | 2003-01-01 | 2006-03-31 |
| PERCY, Charles Richard | Director | 2003-06-01 | 2019-09-30 |
| QUINNEY, Adam Chavasse | Director | 2016-10-01 | 2017-08-31 |
| RANKIN, John Andrew | Director | 1998-05-01 | 2006-06-30 |
| RITCHLEY, Martin Howard | Director | 2003-11-01 | 2011-06-30 |
| ROPER, David Andrew | Director | 2019-09-01 | 2026-03-31 |
| ROSS, John Alexander | Director | 1996-03-09 | 2006-12-31 |
| SCHOUTEN, Wilhelmus Johannes Maria | Director | 2001-09-20 | 2009-12-31 |
| SINCLAIR, Lindsay Neil | Director | 2008-08-01 | 2021-03-31 |
| STOOKE, Christopher Macdonald | Director | 2011-07-01 | 2020-12-31 |
| TIGWELL, Derek Frank | Director | 1994-10-20 | 1998-12-31 |
| TINSLEY, Mark Patrick | Director | 2006-07-01 | 2014-12-31 |
| YOUNG, Andrew Skinner | Director | — | 2002-01-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 256 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-16 | CH01 | officers | Change person director company with change date | |
| 2025-12-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-12 | AA | accounts | Accounts with accounts type group | |
| 2025-06-09 | CH01 | officers | Change person director company with change date | |
| 2025-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-31 | AA | accounts | Accounts with accounts type group | |
| 2024-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-05-02 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-11-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-27 | AA | accounts | Accounts with accounts type group | |
| 2023-05-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-06 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-06 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-06 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-06 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-08 | CH01 | officers | Change person director company with change date | |
| 2023-01-06 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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
+12.3%
£2,146,000,000 £2,411,000,000
-
Cash
-23.5%
£307,000,000 £235,000,000
-
Net assets
+5.5%
£7,032,000,000 £7,422,000,000
-
Employees
+6.4%
4,403 4,683
-
Operating profit
+133.7%
£163,000,000 £381,000,000
-
Profit before tax
+133.7%
£163,000,000 £381,000,000
-
Wages
+7.3%
£233,000,000 £250,000,000
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