NRG VICTORY REINSURANCE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-29 (this month)
Last made up 2025-05-15
Watchouts
None on the register
Cash
£10M
+14.8% vs 2023
Net assets
—
Equity attributable
Employees
—
Average over period
Profit before tax
£19M
-10.6% vs 2023
Name history
Renamed 2 times since incorporation
- NRG VICTORY REINSURANCE LIMITED 1991-09-01 → present
- VICTORY REINSURANCE COMPANY LIMITED(THE) 1984-01-01 → 1991-09-01
- VICTORY INSURANCE COMPANY LIMITED(THE) 1919-07-29 → 1984-01-01
Profit before tax
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | £19,829,000 | £10,336,000 | |
| Profit before tax | £21,730,000 | £19,419,000 | |
| Net profit | £17,391,000 | £14,565,000 | |
| Cash | £8,342,000 | £9,574,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | — | — | |
| Equity | £238,057,000 | £252,622,000 | |
| Average employees | — | — | |
| Wages | — | — |
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 |
|---|---|---|---|
| Interest cover | 4957.25x | 2067.20x |
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
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial position of the Company continues to be encouraging and cash flows are as expected. The capital structure of the Company has remained stable for a considerable period and financial risk management processes are in place to maintain the Company's liquidity and solvency position. Having taken into account the risks and uncertainties disclosed in Note 3, the performance of the business and after making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months after the date the financial statements are signed. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MARTIN, Colleen | Secretary | 2009-07-31 | — | British |
| AMOS, Karen Lesley | Director | 2016-12-02 | Mar 1959 | British |
| HARE, Christopher Peter | Director | 2016-04-01 | Nov 1947 | British |
| MAVANI, Vijay Anantray | Director | 2008-06-12 | Jul 1962 | British |
| SNOVER, Brian Gerard | Director | 2016-01-20 | Jan 1962 | American |
| WILSON, Andrew | Director | 2024-06-05 | May 1967 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRITT, Stephen John | Secretary | 2008-06-12 | 2009-07-31 |
| MAXFIELD, Laurence Royden | Secretary | — | 2008-06-12 |
| BAKER, Martin Richard | Director | 2002-11-01 | 2007-08-31 |
| BENNIE, Ronald Robert | Director | — | 1993-06-30 |
| BOLT, Thomas Allen | Director | 2008-06-12 | 2009-03-01 |
| BOYCE, Alan John | Director | 2002-07-01 | 2008-06-12 |
| DAVIS, William Allan, Sir | Director | — | 1993-06-30 |
| DIKLAND, Willem Klaas | Director | — | 2008-06-12 |
| DUNN, Michael John | Director | — | 2002-06-30 |
| HANNAH, Leslie, Professor | Director | — | 1993-06-30 |
| LIUZZI, Joseph Rocco | Director | 2010-04-27 | 2011-01-14 |
| LIUZZI, Joseph Rocco | Director | 2010-03-30 | 2015-12-31 |
| MASTERS, Terence Rodney | Director | 2021-04-01 | 2026-05-02 |
| MAXFIELD, Laurence Royden | Director | 1993-06-30 | 2006-03-31 |
| MICHAEL, Stephen Andrew | Director | 2022-12-29 | 2024-01-03 |
| MICHAEL, Stephen Andrew | Director | 2009-03-01 | 2018-12-31 |
| MITCHELSON, Paul | Director | 2002-10-25 | 2008-06-12 |
| TOLLEMACHE, Timothy John Edward, The Lord | Director | — | 1993-06-30 |
| WILSON, Andrew | Director | 2009-03-01 | 2022-12-29 |
| ZANDHUIS, Pieter | Director | — | 1992-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Berkshire Hathaway Inc. | Corporate entity | Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 217 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-04-09 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-11 | CH01 | officers | Change person director company with change date | |
| 2025-09-02 | AA | accounts | Accounts with accounts type full | |
| 2025-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-09 | MA | incorporation | Memorandum articles | |
| 2025-04-03 | SH14 | capital | Capital redomination of shares | |
| 2024-10-23 | AUD | auditors | Auditors resignation company | |
| 2024-09-10 | AA | accounts | Accounts with accounts type full | |
| 2024-06-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-23 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-10 | AA | accounts | Accounts with accounts type full | |
| 2023-05-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-08 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-09 | AP01 | officers | Appoint person director company with name date | |
| 2022-05-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-10 | AA | accounts | Accounts with accounts type full | |
| 2021-07-06 | AP01 | officers | Appoint person director company with name date | |
| 2021-05-17 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- Officers appointed
- 0
- 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
—
Not reported
-
Cash
+14.8%
£8,342,000 £9,574,000
-
Net assets
—
Not reported
-
Employees
—
Not reported
-
Operating profit
-47.9%
£19,829,000 £10,336,000
-
Profit before tax
-10.6%
£21,730,000 £19,419,000
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