CHUBB SERVICES UK LIMITED

1. CHUBB SERVICES UK LIMITED 2017-05-03 → present
2. ACE INA SERVICES U.K. LIMITED 1999-09-24 → 2017-05-03
3. CIGNA SERVICES U.K. LIMITED 1980-12-31 → 1999-09-24
4. EIGHTYFARE LIMITED 1980-07-24 → 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

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have determined that the going concern basis is appropriate for these financial statements despite the losses reported by the Company prior to the current year. The directors have arrived at this view after considering the positive impact of action undertaken to improve the profitability of the Company, the existence of a £200m loan facility from CEGSE and the continuing support for the Company from within the Chubb Group.”

Group structure

1. CHUBB SERVICES UK LIMITED · parent
   1. Chubb Business Services EMEA Single member P.C. 1% · UK

Significant events

• “The Virgin Media Limited v NTL Pension Trustees II Limited decision, handed down by the High Court on 16 June 2023, considered the implications of Section 27 of the Pension Schemes Act 1993. Ace London Pension Scheme and the Ace London Services Retirement Benefit Scheme may be impacted by the Virgin Media judgment. Section 27 of the Pension Schemes Act 1993 only allowed the rules of the contracted-out schemes in respect to benefits, to be altered where certain requirements were met. Following an appeal on 25 July 2024, the Court of Appeal upheld the High Court's decision, that the statutory actuarial confirmation was required, and without this, alterations to schemes were void.”

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

Filings

10

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

  -0.2%

  £142,840,000 → £142,555,000

• Cash

  -75.5%

  £2,350,000 → £575,000

• Net assets

  -7.5%

  £286,583,000 → £265,097,000

• Employees

  -1.6%

  747 → 735

• Operating profit

  -18.4%

  -£7,428,000 → -£8,798,000

• Profit before tax

  -385.1%

  -£1,985,000 → -£9,630,000

• Wages

  +6.7%

  £61,328,000 → £65,424,000

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