WILLIS GROUP LIMITED — The Accounts

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-06-15 (in 1mo)

Last made up 2025-06-01

Watchouts

None on the register

Cash

—

Latest balance sheet

Net assets

£12B

+120.1% vs 2023

Employees

Average over period

Profit before tax

£8B

+865.1% vs 2023

Name history

Renamed 4 times since incorporation

WILLIS GROUP LIMITED 1999-10-01 → present
WILLIS CORROON GROUP LIMITED 1991-10-11 → 1999-10-01
WILLIS CORROON PLC 1990-10-08 → 1991-10-11
WILLIS FABER P.L.C. 1976-12-31 → 1990-10-08
WILLIS FABER & DUMAS (HOLDINGS) LIMITED 1959-02-25 → 1976-12-31

Net assets

2-year trend · vs Industrials median

WILLIS GROUP LIMITED·Industrials median · n=6236

Accounts

2-year trend · latest reflected 2024-12-31

Metric	2023-12-31	2024-12-31
Turnover	£146,034,099	£122,312,824
Operating profit	-£16,308,377	£36,323,202
Profit before tax	£786,508,525	£7,590,808,006
Net profit	£790,956,264	£7,578,206,079
Cash	—	—
Total assets less current liabilities	£5,899,925,871	£12,724,981,468
Net assets	£5,671,608,599	£12,481,838,399
Equity	£5,671,608,599	£12,481,838,399
Average employees	0	0
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	2023-12-31	2024-12-31
Operating margin	-11.2%	29.7%
Net margin	541.6%	6195.8%
Return on capital employed	-0.3%	0.3%
Gearing (liabilities / total assets)	4.7%	2.1%
Current ratio	9.91x	10.20x
Interest cover	-1.29x	2.58x

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 101
Reporting scope: Standalone (parent only)
Auditor: Deloitte LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

WILLIS GROUP LIMITED · parent
1. Willis Insurance Brokers Co., Ltd 100% · China · Insurance broking company
2. Willis Limited 100% · United Kingdom · Holding companies
3. Willis North America Inc. 100% · USA · Holding companies
4. Martino Holdings Limited 49% · United Kingdom · Holding company

Significant events

“On 17 May 2024, as part of WTW's ongoing transformation initiatives, the Company transferred all of the intangible assets that it held relating to the insurance broking business to another group subsidiary undertaking, at net book value of $17 million.”
“On 5 March 2024, Willis North America Inc. completed an offering of $750 million aggregate principal amount of the Issuer's 5.900% Senior Notes due 2054. These Notes are also guaranteed on a joint and several basis by the Company with certain fellow subsidiary undertakings of Willis Towers Watson plc and Willis Towers Watson plc itself.”
“On 29 November 2024, Willis Japan Limited sold its interest in Willis Japan Holdings K.K. to the Company in exchange for the issuance by the Company of a sterling-denominated note for £29 million ($36 million).”
“On 16 December 2024, Trinity Acquisition plc advanced the sum of £66 million ($84 million) to the Company under a pre-existing US dollar facility agreement.”
“On 31 December 2024, the Company made a capital injection in its Willis North America Inc. investment of $125 million.”

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

People

3 active · 55 resigned

Name	Role	Appointed	Born	Nationality
HOLLANDS, Paul Daniel	Director	2022-02-23	Jan 1974	British
LE CLERC, Elise Patricia	Director	2025-04-07	Oct 1989	British,French
WEBB, Thomas Fraser	Director	2022-04-05	Mar 1971	British

Show 55 resigned officers

Name	Role	Appointed	Resigned
AMBROSE JR, Joseph Vincent	Secretary	—	1994-12-31
BRYANT, Shaun Kevin	Secretary	2009-07-31	2010-09-07
CHITTY, Michael Patrick	Secretary	—	2009-07-31
DOWDING, Marcus Philip	Secretary	2017-12-15	2019-08-03
PEEL, Alistair Charles	Secretary	2012-09-03	2016-07-22
WILLIS CORPORATE SECRETARIAL SERVICES LIMITED	Corporate Secretary	2010-09-08	2012-09-03
ALCOCK, Steven James	Director	2018-01-05	2022-02-23
BUCKNALL, Richard John Stafford	Director	1998-11-01	2007-03-31
CASSERLEY, Dominic	Director	2013-10-23	2016-12-14
COLRAINE, Thomas	Director	1997-08-31	2006-12-31
COOLICK, Janet	Director	2001-07-01	2004-07-31
CORROON, Robert Francis	Director	—	1994-01-17
DALZELL, Richard Arthur	Director	1994-03-08	1997-08-31
ELLIOTT, Roger John	Director	—	1995-12-31
FURMAN, Matthew	Director	2015-07-24	2018-01-05
GREENE, John	Director	2014-11-03	2016-05-09
GREGORY, Adrian Airlie	Director	—	1993-06-30
GREGORY, Alan Thomas	Director	—	1996-05-09
HEADING, Richard Anthony	Director	2015-02-24	2018-01-05
HEARN, Stephen Patrick	Director	2012-01-01	2015-07-24
JOHNSON, Brian Douglas	Director	1993-01-01	2002-12-31
KEVILLE, Robert Brian	Director	—	1992-12-31
KING, Donald Reeves	Director	—	1992-12-31
KRASNER, Andrew	Director	2018-06-21	2021-01-29
LAMBERSON, John Roger	Director	—	1992-07-01
LUCAS, Patrick	Director	1998-04-15	2004-07-31
MCSWEENEY, Joseph Matthew	Director	2000-09-01	2004-04-30
MILLER, Richard Morgan	Director	—	1995-12-31
MILLWATER, Grahame John	Director	2007-01-01	2011-12-31
NEBORAK, Michael Kent	Director	2013-10-23	2014-06-02
NELISCHER, Christof	Director	2018-01-05	2018-06-15
NIXON, George Frederick	Director	1993-01-01	2000-12-31
OUTRAM, Christopher David	Director	1998-06-09	1998-10-30
PAYNE, Donald Hedley	Director	1992-07-01	1995-03-08
PELLY, John Marriott	Director	1998-11-01	2004-12-31
PINKSTON, Kenneth	Director	1993-01-01	2001-09-21
PLUMERI, Joseph James	Director	2000-10-15	2012-01-26
REEVE, John	Director	1995-09-19	2000-10-15
REGAN, Patrick Charles	Director	2007-01-01	2010-02-19
RENDLE, Michael Russel	Director	—	1998-10-30
RIGGER, William Martin	Director	2021-02-08	2025-04-07
ROBINS, John Vernon Harry	Director	—	1994-03-31
RODGERS, Joseph Mason	Director	—	1998-10-30
ROSMAN, Adam	Director	2013-10-23	2014-09-22
ROY, Catherine	Director	2018-07-31	2022-01-31
SCHREYER, William Allen	Director	1993-11-18	1998-04-15
STUART, Charles Murray	Director	1996-11-01	1997-12-31
SYKES, Allen	Director	—	1998-10-30
TAYLOR, John Maxwell Percy	Director	1993-01-01	1997-12-31
VIAULT, Raymond Girard	Director	1997-01-01	1998-10-30
VORYS, Arthur Isaiah	Director	—	1993-12-31
WALLACE, Johnson Bransford	Director	—	1993-12-31
WHITE JNR., Frank Frederick	Director	1994-01-01	1994-06-22
WOOD, Stephen Edward	Director	2010-10-01	2015-02-24
WOOD, Stephen Edward	Director	2010-09-08	2010-09-08

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Trinity Acquisition Plc	Corporate entity	Shares 75–100%, Voting 75–100%, Appoints directors	2016-04-06	Active

Filing timeline

Last 20 of 813 total filings

Date	Type	Category	Description
2025-08-05	AA	accounts	Accounts with accounts type full
2025-06-13	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-04-07	TM01	officers	Termination director company with name termination date	PDF
2025-04-07	AP01	officers	Appoint person director company with name date	PDF
2024-08-19	AA	accounts	Accounts with accounts type full
2024-06-14	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-09-04	AA	accounts	Accounts with accounts type full
2023-06-09	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-08-24	AA	accounts	Accounts with accounts type full
2022-06-08	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-04-12	AP01	officers	Appoint person director company with name date	PDF
2022-02-28	TM01	officers	Termination director company with name termination date	PDF
2022-02-28	AP01	officers	Appoint person director company with name date	PDF
2022-02-01	TM01	officers	Termination director company with name termination date	PDF
2021-09-16	AA	accounts	Accounts with accounts type full
2021-06-14	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-02-16	AP01	officers	Appoint person director company with name date	PDF
2021-02-03	TM01	officers	Termination director company with name termination date	PDF
2020-08-20	AA	accounts	Accounts with accounts type full
2020-06-16	CS01	confirmation-statement	Confirmation statement with no updates	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 2
Capital events: 0
Officers appointed: 0
Officers resigned: 0

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

-16.2%

£146,034,099 £122,312,824
Cash

—

Not reported
Net assets

+120.1%

£5,671,608,599 £12,481,838,399
Employees

—

Not reported
Operating profit

+322.7%

-£16,308,377 £36,323,202
Profit before tax

+865.1%

£786,508,525 £7,590,808,006

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

Official Companies House page