ARAG SERVICES LIMITED

1. ARAG SERVICES LIMITED 2024-06-27 → present
2. DAS SERVICES LIMITED 1997-11-20 → 2024-06-27
3. SLAMGOLD LIMITED 1997-10-30 → 1997-11-20

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 have considered financial prospects over ARAG UK's planning horizon of the next three years, and the key areas of uncertainty affecting those projections. They concluded that it was reasonable to expect the Company to remain in business for a period of 12 months from the date of signing of the Financial Statements.”

Significant events

• “DAS Services Limited was renamed ARAG Services Limited ('the Company') on 1 July 2024, following the acquisition of the Company's immediate parent company by ARAG SE”
• “The Company's immediate parent company, ARAG UK Holdings Limited, and all of its subsidiaries was sold by ERGO Versicherung AG to ARAG SE, that transaction having completed on 2 January 2024.”
• “During Q4 2023 through the execution of the bulk annuity buy-in...the buy-in eliminates the substantial majority of the Company's pension risk exposure.”
• “A 'buy-in' transaction was executed with an effective date of 19 October 2023 whereby the Scheme purchased a bulk annuity policy from Canada Life Limited, which will cover all expected future Scheme liabilities.”
• “On the 2 October 2023, 18,386,902 ordinary shares were allotted for £1 each; and a further 170,249 ordinary shares were allotted on 6 November 2023.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +22.5%

  £53,335,000 → £65,322,000

• Cash

  +114.1%

  £1,563,000 → £3,347,000

• Net assets

  +16.1%

  £13,474,000 → £15,640,000

• Employees

  +18.6%

  639 → 758

• Operating profit

  +37.1%

  £2,471,000 → £3,387,000

• Profit before tax

  +33.7%

  £2,095,000 → £2,802,000

• Wages

  +29.5%

  £28,667,000 → £37,121,000

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