THE CANADA LIFE GROUP (U.K.) LIMITED

1. THE CANADA LIFE GROUP (U.K.) LIMITED 1995-05-18 → present
2. THE MANULIFE GROUP LIMITED 1988-07-08 → 1995-05-18
3. LIPBRIM LIMITED 1988-03-09 → 1988-07-08

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors confirm that having taken into regard the Company's financial position and its expected performance in the future, they are satisfied that the Company has adequate resources to continue in operation for the foreseeable future, that being 12 months from the date of approval of this report.”

Group structure

1. THE CANADA LIFE GROUP (U.K.) LIMITED · parent
   1. Saol Assurance Designated Activity Company 50% · Ireland · Insurance Company
   2. Canada Life Assurance Europe Public Limited Company 100% · Ireland · Life Assurance
   3. Canada Life Limited 100% · United Kingdom · Life Assurance
   4. Irish Life Investment Managers Limited 100% · Ireland · Investment fund manager

Significant events

• “There have been no significant investments or restructures within the Company during 2024.”
• “On 26 June 2023, the Company transferred CLAM to CLIH. CLAM was held at a cost of £2.3m and was transferred by way of a dividend in specie. CLAM was independently valued at £61.0m. The resulting gain on sale was £58.7m.”
• “Also on 26 June 2023, the Company transferred CLUKH to CLIH. CLUKH was held at a cost of £267.3m less an impairment provision of £256.0m (net carrying value £11.3m). It was transferred by way of a dividend in specie. CLUKH was independently valued at £175.0m. The resulting gain on sale was £163.7m.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -5.8%

  £627,300,000 → £591,100,000

• Cash

  +166.5%

  £33,100,000 → £88,200,000

• Net assets

  +2.4%

  £2,779,300,000 → £2,847,100,000

• Employees

  —

  Not reported

• Operating profit

  -31.1%

  £794,300,000 → £547,600,000

• Profit before tax

  -31.1%

  £794,300,000 → £547,600,000

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