AGEAS RETAIL LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. AGEAS RETAIL LIMITED 2014-07-25 → present
2. AGEAS 50 LIMITED 2012-11-30 → 2014-07-25
3. INSURANCE ADVISORY SERVICES PLC 1997-06-19 → 2004-04-08
4. ASPEN INSURANCE SERVICES PUBLIC LIMITED COMPANY 1995-06-30 → 1997-06-19
5. ASPEN INSURANCE BROKERS LIMITED 1990-02-16 → 1995-06-30
6. INTERMARK INSURANCE BROKERS LIMITED 1980-12-31 → 1990-02-16
7. ORALPLAN LIMITED 1977-08-10 → 1980-12-31

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having considered the position of the Company as above, its approved budget for the next 12 months from the approval date of theses financial statements and reviewing the potential risks to the Company, the directors have concluded the Company has sufficient resources to continue in operation for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. AGEAS RETAIL LIMITED · parent
   1. Ageas Law LLP 50% · England · Partnership
   2. Quote Searcher Limited 9.9% · England · Intermediary

Significant events

• “In October 2024, Ageas UK announced the intention to enter into a 20-year affinity partnership with Saga Services Limited, part of Saga Plc's group, to sell motor and home insurance to their customers through Ageas Insurance Limited and Ageas Retail Limited. This deal marked an important milestone in the growth of the business, supporting the strategic aims by demonstrating the Company's commitment to building strong partnerships. The exclusive negotiations were successfully concluded in December 2024.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +3.8%

  £75,566,000 → £78,405,000

• Cash

  -47.6%

  £26,626,000 → £13,961,000

• Net assets

  -24.4%

  £38,901,000 → £29,428,000

• Employees

  -22.2%

  180 → 140

• Operating profit

  -13.3%

  £12,541,000 → £10,878,000

• Profit before tax

  -21.6%

  £8,443,000 → £6,618,000

• Wages

  +14.2%

  £22,064,000 → £25,189,000

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