HANNOVER SERVICES (UK) LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. HANNOVER SERVICES (UK) LIMITED 2000-10-02 → present
2. HANNOVER LIFE SERVICES (UK) LIMITED 1998-07-07 → 2000-10-02
3. SKANDIA REASSURANCE MANAGEMENT (UK) LIMITED 1984-04-09 → 1998-07-07
4. SKANDIA REASSURANCE (UK) LIMITED 1983-11-21 → 1984-04-09
5. LEGIBUS 341 LIMITED 1983-08-17 → 1983-11-21

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 financial statements have been prepared on a going concern basis. The Directors consider this to be appropriate due to the nature of the Company's structure and charge out model. The Company has the ability to receive temporary liquidity shortfall cover from related companies when required. The Company also can request funding from their parent entity. This ensures that the Company will be able to meet their obligations as they fall due for the foreseeable future. The signing of a 10-year property lease in 2021 corroborates the importance of the Company's role in the Group. After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for. at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Significant events

• “On 10 October 2024 a stock transfer was executed by Hannover Finance (UK) Limited in respect of the transfer of 300,000 ordinary shares of £1.00 each in the capital of Hannover Services (UK) Limited to Hannover Rück SE.”

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

1

last 12 months

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

• Turnover

  +14.3%

  £14,758,000 → £16,864,000

• Cash

  -39.8%

  £2,024,000 → £1,218,000

• Net assets

  +5.8%

  £2,053,000 → £2,172,000

• Employees

  +12.7%

  71 → 80

• Operating profit

  -33.1%

  £341,000 → £228,000

• Profit before tax

  -34.3%

  £344,000 → £226,000

• Wages

  +14.9%

  £8,069,000 → £9,274,000

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