BARCLAYS INSURANCE SERVICES COMPANY LIMITED

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

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.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After evaluating the Company's business activities, financial position, capital, factors likely to affect its future development and performance, and its objectives and policies in managing the financial risks to which it is exposed, the Directors are satisfied that the Company has adequate access to resources to enable it to meet its obligations as they fall due and to continue in operational existence for at least the next 12 months from the date of signing these financial statements. For this reason, the Directors consider it appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “During the year the Company made a loss after tax of £41,000 (2023: profit after tax of £39,821,000). A dividend of £30,000,000 was paid in December 2024 out of retained earnings held by the Company (2023: £6,500,000).”
• “There has not been any item, transaction or event of a material and unusual nature likely, in the opinion of the Directors, to significantly affect the operations of the Company, the result of those operations, or the state of affairs, in future financial years.”
• “The major reason for decline in cash flow and profitability in proportion to 2023 is driven by a one time exit consideration received from Aviva in the previous year.”
• “In February 2024 the Barclays Group announced a new three-year plan to create a 'Simpler, Better and More Balanced Bank' - to improve our operational and financial performance, and total shareholder returns.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +1.2%

  £68,860,000 → £69,658,000

• Cash

  —

  Not reported

• Net assets

  —

  Not reported

• Employees

  —

  Not reported

• Operating profit

  -106.9%

  £49,828,000 → -£3,453,000

• Profit before tax

  -100.1%

  £52,068,000 → -£57,000

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