NEWLINE HOLDINGS UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-21 (in 2mo)
Last made up 2025-07-07
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£99M
+0.2% vs 2023
Employees
—
Average over period
Profit before tax
£67M
+1,089.9% vs 2023
Name history
Renamed 2 times since incorporation
- NEWLINE HOLDINGS UK LIMITED 2000-03-27 → present
- TIG HOLDINGS UK LIMITED. 1996-08-20 → 2000-03-27
- NOVOSOLO UK LIMITED 1996-07-11 → 1996-08-20
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | £5,614,000 | £66,802,000 | |
| Profit before tax | £5,614,000 | £66,802,000 | |
| Net profit | £5,614,000 | £66,802,000 | |
| Cash | — | — | |
| Total assets less current liabilities | — | — | |
| Net assets | £98,317,000 | £98,553,000 | |
| Equity | £98,317,000 | £98,553,000 | |
| Average employees | — | — | |
| Wages | — | — |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 0.0% | 0.0% |
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
“Based on the work we have performed, we 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 twelve months from when the financial statements are authorised for issue.”
Group structure
- NEWLINE HOLDINGS UK LIMITED · parent
- Newline Underwriting Management Limited 1%
- Newline Corporate Name Limited 1%
- Newline Insurance Company Limited 1%
- Newline Underwriting Limited 1%
- Newline Group Services Limited 1%
- Newline Asia Services Pte. Ltd. 1%
- Newline Australia Insurance Pty Ltd 1%
- Newline Malaysia Ltd. 1%
- Newline Canada Insurance Limited 1%
- Newline Hong Kong Services Limited 1%
- Newline Europe Holdings GmbH 1%
- Newline Europe Versicherung AG 1%
Significant events
- “During 2024, in order to expand the overseas presence of the Newline Group, the Company has also established a service company in Hong Kong, Newline Hong Kong Services Limited ("NHKSL"). No policies were bound in 2024, with business commencing in 2025.”
- “Following the release of impairment provisions against Newline Insurance Company Limited and Newline Asia Services Pte. Ltd. in 2023, no impairment is held against the subsidiary holdings of the Company.”
- “Of the dividends received in the year, ", "£66.6m has been returned to Odyssey Reinsurance Company, the immediate parent of the Company, and £0.2m was used to provide capital to NHKSL.”
- “On 6 August 2024, the Directors recommended the payment of a dividend of £46,163,676 and it was paid on 8 August 2024. This was funded through dividends received of £10,000,000 and £36,163,676 from Newline Insurance Company Limited and Newline Corporate Name Limited respectively.”
- “On 13 December 2024 the Directors recommended the payment of a dividend of £20,402,442 and it was paid on 16 December 2024. This was funded through dividends received of £20,402,442 from Newline Corporate Name Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WITHINSHAW, Henry James Louis | Secretary | 2022-06-08 | — | — |
| COERVER IV, Richard Frederick | Director | 2023-12-05 | Mar 1965 | American |
| KAPUR, Sonny | Director | 2022-06-01 | Apr 1960 | British |
| KASTNER, Robert Bernhard | Director | 2010-03-31 | Jan 1968 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MICKLEM, James Richard Fenwick | Secretary | 2004-10-08 | 2016-10-01 |
| MICKLEM, James Richard Fenwick | Secretary | 1996-08-20 | 1998-12-22 |
| REED, Duncan James | Secretary | 1998-12-22 | 2004-10-08 |
| WITHINSHAW, Henry James Louis | Secretary | 2016-10-01 | 2022-06-01 |
| ALPHA SECRETARIAL LIMITED | Corporate Nominee Secretary | 1996-07-11 | 1996-08-20 |
| BARNARD, Andrew Acheson | Director | 2005-04-21 | 2010-03-26 |
| CAREY, Alane Robinson | Director | 2021-07-30 | 2025-07-01 |
| CHRISTIANSEN, Jan | Director | 2010-03-31 | 2023-12-05 |
| DONOVAN, Richard Scott | Director | 2006-11-21 | 2010-04-01 |
| FRANKS, Stephen George | Director | 1996-08-20 | 1998-07-15 |
| HINKLEY, Mark Wainwright | Director | 1996-08-20 | 2001-07-02 |
| JACKSON, Roland William | Director | 2001-05-22 | 2001-10-24 |
| KILLEEN, Margaret | Director | 2025-07-01 | 2025-08-26 |
| MICKLEM, James Richard Fenwick | Director | 1998-12-22 | 2016-10-01 |
| TROIANO, Charles Dominic | Director | 2001-10-17 | 2005-04-21 |
| WACEK, Michael Gerard | Director | 2010-03-31 | 2021-07-30 |
| WITHINSHAW, Henry James Louis | Director | 2016-10-01 | 2022-06-01 |
| ALPHA DIRECT LIMITED | Corporate Nominee Director | 1996-07-11 | 1996-08-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vivian Prem Watsa | Individual | Shares 25–50% | 2025-12-08 | Active |
Filing timeline
Last 20 of 129 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-15 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-12-09 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2025-09-26 | AA | accounts | Accounts with accounts type full | |
| 2025-09-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-07 | CH03 | officers | Change person secretary company with change date | |
| 2024-10-01 | AA | accounts | Accounts with accounts type full | |
| 2024-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-13 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-13 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-03 | AA | accounts | Accounts with accounts type full | |
| 2023-09-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-28 | AA | accounts | Accounts with accounts type full | |
| 2022-07-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-06-21 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-06-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-06-08 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
+0.2%
£98,317,000 £98,553,000
-
Employees
—
Not reported
-
Operating profit
+1,089.9%
£5,614,000 £66,802,000
-
Profit before tax
+1,089.9%
£5,614,000 £66,802,000
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