ENSTAR (EU) LIMITED

1. ENSTAR (EU) LIMITED 2007-10-31 → present
2. CASTLEWOOD (EU) LTD. 1998-10-19 → 2007-10-31
3. CASTLEWOOD INSURANCE SERVICES (UK) LIMITED 1996-03-05 → 1998-10-19

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

“Having reviewed the capital resources and cash available to the Company along with forecast results for the forthcoming year, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least twelve months from the date of the approval of these financial statements. Accordingly, the directors continue to adopt the going concern basis of accounting in preparing these annual financial statements”

Significant events

• “On 29 July 2024, Enstar Group Limited ("Enstar"), the company's ultimate parent undertaking, entered into an Agreement and Plan Merger (the "Merger Agreement") with Elk Bidco Limited (the "Parent")... The Merger closed on 2 July 2025. Following the close of the transaction, Enstar expects to maintain its current operations and business strategy.”
• “In December 2024, an affiliate company, SGL No.1 Limited ('SGL1'), surrendered £5,296,065 of tax losses (relating to the 2023 financial year) to the Company for no consideration. At the point that the losses were surrendered, SGL1 had no distributable reserves which meant the surrender was in contravention of Part 23 of the Companies Act 2006. The value of the tax losses was £1,244,575. In order to remediate the issue, £1,244,575 will be paid to SGL1 in the 2025 financial year. This has been deemed a non-adjusting event.”

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

0

last 12 months

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

• Turnover

  +7.2%

  £101,254,261 → £108,540,874

• Cash

  -2.6%

  £13,883,882 → £13,520,962

• Net assets

  +21%

  £19,821,996 → £23,992,808

• Employees

  -1.3%

  398 → 393

• Operating profit

  -21.7%

  £4,241,429 → £3,322,561

• Profit before tax

  -17.9%

  £4,594,473 → £3,770,551

• Wages

  +14.1%

  £43,895,950 → £50,097,131

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