PAMIA LIMITED

• ◆

  5 officer resignations in last 12 months

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

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company's objective is to hold free reserves at a safe margin in excess of the solvency capital requirement and to ensure it is able to continue as a going concern. The company has exceeded its solvency requirements throughout the year and has complied with the capital requirements throughout the financial period.”

Significant events

• “At the year end, an impairment loss of £882k was recognised against a reinsurance recovery related to a case which was disputed by the reinsurer. Subsequent to year end, a full and final settlement was reached where the reinsurer agreed to settle the reinsurance recovery of £882k in full, and a related claims settlement was agreed with the insured member for an additional £310k for defence and adverse claims costs previously not accepted. As these settlements were reached post year end, this is a non-adjusting event, and the financial impact will be a reversal of the impairment loss and the recognition of these claims liabilities in the next financial year. Together these have a net financial impact of £572k.”

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

5

last 12 months

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

• Turnover

  +7.4%

  £2,928,671 → £3,144,855

• Cash

  -27.5%

  £3,205,330 → £2,323,536

• Net assets

  -2.4%

  £16,698,082 → £16,297,240

• Employees

  —

  Not reported

• Operating profit

  -128.5%

  -£582,503 → -£1,331,295

• Profit before tax

  -131.8%

  £802,549 → -£254,932

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