LIBERTY MANAGING AGENCY LIMITED

1. LIBERTY MANAGING AGENCY LIMITED 2014-05-08 → present
2. LIBERTY SYNDICATE MANAGEMENT LIMITED 1994-12-20 → 2014-05-08

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors are satisfied that the Company has adequate resources to continue in business for the foreseeable future. In assessing whether the going concern basis is appropriate, the Directors have considered the information contained in the financial statements, the Company's latest management information and the Company's current solvency calculations. As LMAL's business operations are predominantly dependent on the performance of Syndicate 4472, we have reviewed the current capital strength of the Syndicate and are confident that it would be sufficient to support the operations of LMAL. In addition, given the capital strength and available liquidity within the Group, the Directors are confident that this would also be sufficient to support the operations of LMAL in the future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements for at least 12 months from the date of approval of these financial statements.”

Significant events

• “In April 2025 the Group announced a restructuring to support future growth and improve operational efficiency. As part of this programme, the Company's immediate parent company changed from Liberty UK and Europe Holdings Limited ("LUEH") to Liberty Luxembourg Holdings ("LLH") in September 2025.”
• “Work continues towards meeting Greenhouse Gas (GHG) emissions reduction commitments to reduce Scope 1 and 2 emissions by 50% by 2030 (from 2019 levels). In 2024, we achieved a 20% reduction from 2023 levels, resulting in a cumulative 56% reduction from the 2019 baseline, achieving the 50% reduction in Scope 1 and 2 emissions targets ahead of schedule. We will continue to contribute toward's a low-carbon future as we aim to further reduce Scope 1 and Scope 2 emissions by 65% from 2019 levels to 2030. In addition, we have a Net Zero 2050 target for UK operations.”
• “The company in 2025 launched a new travel policy to reduce the intensity of travel-related carbon emissions by implementing stricter travel policies, reducing travel budgets, and promoting more sustainable practices. Key measures include increasing the flight duration threshold for Premium Economy to discourage Business Class travel, prohibiting First Class travel, and encouraging train travel for regional trips. Due to the new travel policy we have seen a 40% carbon emissions reduction from 2024 to 2025.”
• “The Board has considered the significant escalation of conflict in the Middle East and the resulting geopolitical deterioration, and the potential implications for the Company. The conflict has given rise to claims exposures across the Syndicate managed by the Company.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  +1.7%

  £26,564,863 → £27,019,274

• Cash

  —

  Not reported

• Net assets

  —

  Not reported

• Employees

  —

  Not reported

• Operating profit

  +1.2%

  £15,051,149 → £15,231,282

• Profit before tax

  -6.4%

  £18,318,755 → £17,154,188

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