OVAL INSURANCE BROKING LIMITED

1. OVAL INSURANCE BROKING LIMITED 2005-09-29 → present
2. BLAND BANKART (UK) LIMITED 2001-12-19 → 2005-09-29
3. BLAND BANKART (LEICESTER) LIMITED 1997-09-30 → 2001-12-19
4. P. & G. BLAND LIMITED 1975-01-01 → 1997-09-30

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

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company has adequate resources to continue in operational existence for a period of at least to 30 June 2026, and no material uncertainties related to going concern have been identified.”

Significant events

• “On 16 June 2023 the High Court issued a ruling in respect of Virgin Media v NTL Pension Trustees II Limited (and others) calling into question the validity of rule amendments made between 6 April 1997 and 5 April 2016 to defined benefit pension schemes which included benefits arising from having been contracted-out on a salary-related basis. The decision was appealed but the original decision upheld by the Court of Appeal in July 2024.”
• “The Bland Bankart Retirement Benefits Scheme includes benefits arising from having been contracted-out on a salary-related basis and we have identified 32 amendments over the time period in question. The Company has not yet reviewed these with their legal advisor to determine whether or not evidence of actuarial confirmations/certificates have been requested and received in all cases, although in at least some cases it is clear that the relevant documentation is in order. Given this uncertainty, the position at 31 December 2024 does not reflect the High Court ruling as it is currently unclear as to whether any additional liabilities might arise, and if they were to arise, how they would be reliably measured.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -3.5%

  £19,030,000 → £18,373,000

• Employees

  —

  Not reported

• Profit before tax

  +14.4%

  -£167,000 → -£143,000

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