QBE UK LIMITED
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-07-16 (in 2mo)
Last made up 2025-07-02
Watchouts
None on the register
Cash
£235M
-33.7% vs 2024
Net assets
£1B
+41.1% vs 2024
Employees
30
+25% vs 2024
Profit before tax
£476M
+118.5% vs 2024
Name history
Renamed 6 times since incorporation
- QBE UK LIMITED 2018-12-31 → present
- QBE INSURANCE (EUROPE) LIMITED 2005-09-30 → 2018-12-31
- QBE INTERNATIONAL INSURANCE LIMITED 1992-03-04 → 2005-09-30
- QBE REINSURANCE (LONDON) LIMITED 1988-10-14 → 1992-03-04
- IMPERIAL CHEMICALS REINSURANCE LIMITED 1987-02-03 → 1988-10-14
- DELTA INTERNATIONAL REINSURANCE COMPANY LIMITED 1984-04-11 → 1987-02-03
- LEGIBUS 373 LIMITED 1983-10-14 → 1984-04-11
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Turnover | £2,092,900,000 | £2,090,000,000 | |
| Operating profit | £91,700,000 | £272,700,000 | |
| Profit before tax | £217,900,000 | £476,200,000 | |
| Net profit | £163,000,000 | £366,100,000 | |
| Cash | £354,800,000 | £235,100,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £790,600,000 | £1,115,300,000 | |
| Equity | £790,600,000 | £1,115,300,000 | |
| Average employees | 24 | 30 | |
| Wages | £2,800,000 | £3,300,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 4.4% | 13.0% | |
| Net margin | 7.8% | 17.5% | |
| Gearing (liabilities / total assets) | 85.7% | 81.4% | |
| Interest cover | 27.79x | 47.02x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have reasonable expectations, having made appropriate enquiries, that the Company has adequate resources to continue in operational existence for the foreseeable future. The Directors have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date on which the financial statements are authorised for issue. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “In February 2026, conflict broke out in the Middle East. While we do have exposure across some lines of business, we are not aware of any material insurance losses at the date of this report. The Company continues to monitor the ongoing conflicts in Ukraine and the Middle East and any resulting developments that may impact its assessment of potential exposures.”
- “In February 2026, QBE announced plans to divest its QBE UK Trade Credit and Surety operations to Swiss Re Corporate Solutions, the commercial arm of the Swiss Re Group, subject to regulatory approval.”
- “On 4 February 2026, further interim dividends totalling £200m were declared and paid on 18 February 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 76 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMITH, Alexandra Jane | Secretary | 2017-06-26 | — | — |
| BROWN, Catherine Ann | Director | 2019-05-01 | Mar 1966 | British |
| FRESNEAU, Cecile Georgette | Director | 2021-11-07 | Apr 1972 | French,Australian |
| HARRIS, Jason Richard | Director | 2020-12-14 | Aug 1967 | British |
| MADDOCK, Steven | Director | 2022-02-11 | Jul 1968 | British |
| SKEOCH, Norman Keith, Sir | Director | 2023-03-29 | Nov 1956 | British |
| STONE, Robert Charles | Director | 2022-12-12 | Jan 1975 | British |
| TERRY, Nigel Joseph Douty | Director | 2016-12-19 | Jun 1970 | British |
| WADE, Timothy Cardwell | Director | 2024-03-01 | Dec 1959 | Australian |
Show 76 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOLAND, Sharon Maria | Secretary | 2007-05-15 | 2015-06-29 |
| BOWER, Martin Andrew | Secretary | — | 1995-02-16 |
| FELTON SMITH, Esther | Secretary | 2015-06-29 | 2017-06-26 |
| GREENHALGH, Mary Denise | Secretary | 1995-02-16 | 1997-01-06 |
| MACGREGOR, Richard James | Secretary | 1997-01-06 | 1998-07-24 |
| PALLOT, Hugh Glen | Secretary | 1998-07-24 | 2006-12-08 |
| WILLIAMS, Adrian Charles Harold | Secretary | 2006-12-08 | 2007-05-15 |
| AU, Wai-Fong | Director | 2012-06-06 | 2019-06-30 |
| BATHIA, Ashis Mathuradas | Director | 2005-09-07 | 2013-08-02 |
| BECKERSON, Ian David | Director | 2005-03-10 | 2015-06-29 |
| BELLEROSE, Amedee Raynald Philippe | Director | — | 1992-07-31 |
| BOWER, Martin Andrew | Director | 1993-01-13 | 2001-02-28 |
| BROWN, Gordon Leslie | Director | — | 1999-06-30 |
| BURNS, Steven Paul | Director | 2004-09-17 | 2013-10-01 |
| CLAYDEN, Dominic John | Director | 2013-12-09 | 2015-06-29 |
| CLONEY, Edwin John | Director | — | 1998-05-13 |
| COENE, Patrick Remi Corneel | Director | 2011-11-16 | 2013-02-18 |
| CONNELL, Graeme Mark | Director | — | 1993-01-13 |
| CONSTABLE, David Andrew | Director | 2008-01-01 | 2010-03-10 |
| COONEY, David Edward | Director | 2005-09-07 | 2008-01-01 |
| COTTERILL, Brian Raymond | Director | 1998-03-10 | 1999-11-16 |
| CRANE, Matthew Francis | Director | 2005-09-07 | 2010-03-10 |
| CURTIS, Cheryl Karen | Director | 2013-02-05 | 2015-05-31 |
| DI SILVIO, Emilio Antonio | Director | 2008-01-01 | 2010-03-10 |
| DODRIDGE, Philip Andrew | Director | 2005-09-07 | 2016-12-19 |
| EYNON, David Glyn | Director | 2005-09-07 | 2006-11-30 |
| FOGARTY, Desmond | Director | 2001-11-27 | 2004-11-11 |
| FOGARTY, Desmond | Director | 1999-10-05 | 2001-06-30 |
| GILBERT, Martin James | Director | 2020-12-22 | 2021-06-30 |
| GLEN, Paul Edward | Director | 2000-12-07 | 2004-10-18 |
| GORDON, Joe | Director | 2013-10-18 | 2015-06-29 |
| GRANT, Robert Michael | Director | 1993-01-13 | 2000-10-17 |
| GROSSMAN, Doron | Director | 2007-05-15 | 2010-03-10 |
| GROVE, Peter Ernest | Director | 2004-11-11 | 2013-12-31 |
| HALL, David Sedgwick | Director | 2014-11-24 | 2015-06-29 |
| HARRISON, Samuel | Director | 2020-11-24 | 2021-04-01 |
| HOSKING, Paul John | Director | 2001-10-31 | 2002-10-31 |
| INGRAM, Timothy Charles William | Director | 2014-03-21 | 2023-03-31 |
| JACKSON, Martin Paul | Director | — | 1994-09-02 |
| JOHNSTON, Robert Bennet Marshall | Director | 2009-03-10 | 2010-03-10 |
| KANG, Mohinder Singh | Director | 2011-02-01 | 2012-06-30 |
| KANG, Mohinder Singh | Director | 2004-11-11 | 2008-01-01 |
| KILLOURHY, Christopher Thomas | Director | 2021-02-04 | 2022-12-12 |
| LEWIS, Wayne | Director | 2001-10-31 | 2004-09-28 |
| LISSON, Kathryn Mary | Director | 2009-06-01 | 2011-02-15 |
| LOTHIAN, Andrew Timothy | Director | 2001-06-13 | 2001-10-22 |
| MACGREGOR, Richard James | Director | 1999-10-05 | 2001-06-30 |
| MAGEEAN, Bernard | Director | 2008-06-11 | 2010-11-26 |
| MCBRIDE, Andrew John Charles | Director | 2005-09-07 | 2008-01-01 |
| MCCAIG, Malcolm Graham | Director | 2014-04-04 | 2024-06-30 |
| MCLENAGHAN, Vincent | Director | 2010-03-10 | 2010-09-02 |
| MCLENAGHAN, Vincent | Director | 2006-11-21 | 2010-03-10 |
| MOSS, Paul James | Director | 2001-11-27 | 2005-09-07 |
| NEAL, John David | Director | 2004-11-11 | 2013-09-18 |
| NICHOLLS, Blair Milton | Director | 2004-11-11 | 2006-11-21 |
| O'FARRELL, Colin Raymond | Director | 2008-01-01 | 2020-12-31 |
| O'HALLORAN, Francis Michael | Director | — | 2012-08-17 |
| O'NEILL, Gregory Hugh | Director | 1994-11-30 | 1996-06-06 |
| O'NEILL, Peter John | Director | 2005-09-07 | 2008-06-11 |
| O'REGAN, Michael Ferghal | Director | 1999-10-05 | 2004-10-22 |
| OLSEN, Philip Vernon | Director | 2005-03-10 | 2014-12-31 |
| PARRY, Jonathan Wyn | Director | 2008-01-01 | 2015-06-29 |
| PARRY, Jonathan Wyn | Director | 2005-09-07 | 2006-01-26 |
| POMEROY, Brian Walter, Sir | Director | 2006-01-26 | 2014-09-30 |
| POSNER, Howard Michael | Director | 2006-03-08 | 2012-06-06 |
| PRICE, Steven Michael | Director | 2001-06-13 | 2005-08-09 |
| PRYCE, Richard Vaughan | Director | 2012-09-03 | 2020-12-14 |
| RAYNER, Graeme Scott | Director | 2006-03-08 | 2010-03-10 |
| ROLLESTON, Christopher | Director | 2006-01-26 | 2007-10-31 |
| SIESKO, David Martin | Director | 2013-02-05 | 2013-06-30 |
| SINCLAIR, Stuart William | Director | 2013-11-21 | 2020-05-06 |
| SMITH, Brian Roy | Director | 2005-03-10 | 2006-03-08 |
| SNOXHILL, Douglas James | Director | — | 1993-05-01 |
| TOLLIFSON, Edna Gayle | Director | 2001-06-13 | 2004-04-30 |
| WHITTAKER, Terence James | Director | 2008-01-01 | 2011-11-29 |
| WINKETT, David James | Director | 2004-09-17 | 2021-02-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Qbe Holdings (Eo) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 465 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-09 | AA | accounts | Accounts with accounts type full | |
| 2025-09-19 | AUD | auditors | Auditors resignation company | |
| 2025-09-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-14 | AA | accounts | Accounts with accounts type full | |
| 2025-01-10 | CH01 | officers | Change person director company with change date | |
| 2024-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-04-23 | AA | accounts | Accounts with accounts type full | |
| 2024-03-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-12 | AA | accounts | Accounts with accounts type full | |
| 2023-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-13 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-19 | AA | accounts | Accounts with accounts type full | |
| 2022-02-11 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
-0.1%
£2,092,900,000 £2,090,000,000
-
Cash
-33.7%
£354,800,000 £235,100,000
-
Net assets
+41.1%
£790,600,000 £1,115,300,000
-
Employees
+25%
24 30
-
Operating profit
+197.4%
£91,700,000 £272,700,000
-
Profit before tax
+118.5%
£217,900,000 £476,200,000
-
Wages
+17.9%
£2,800,000 £3,300,000
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