RIVERSTONE CORPORATE CAPITAL LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-03 (in 1mo)
Last made up 2025-05-20
Watchouts
None on the register
Cash
51,539,000
-86.2% vs 2023
Net assets
561,942,000
-8.3% vs 2023
Employees
0
Average over period
Profit before tax
218,705,000
-16.1% vs 2023
Name history
Renamed 3 times since incorporation
- RIVERSTONE CORPORATE CAPITAL LIMITED 2005-03-01 → present
- SPHERE DRAKE CORPORATE CAPITAL VEHICLE LIMITED 2001-07-24 → 2005-03-01
- ODYSSEY RE CORPORATE CAPITAL VEHICLE LIMITED 1998-11-25 → 2001-07-24
- MINMAR (430) LIMITED 1998-10-23 → 1998-11-25
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 | £91,689,000 | £39,809,000 | |
| Operating profit | £281,051,000 | £240,481,000 | |
| Profit before tax | £260,532,000 | £218,705,000 | |
| Net profit | £185,123,000 | £180,216,000 | |
| Cash | £373,754,000 | £51,539,000 | |
| Total assets less current liabilities | £5,209,943,000 | £3,720,710,000 | |
| Net assets | £612,726,000 | £561,942,000 | |
| Equity | £612,726,000 | £561,942,000 | |
| Average employees | 0 | 0 | |
| 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 |
|---|---|---|---|
| Operating margin | 306.5% | 604.1% | |
| Net margin | 201.9% | 452.7% | |
| Return on capital employed | 5.4% | 6.5% | |
| Gearing (liabilities / total assets) | 89.5% | 86.6% | |
| Current ratio | 2.26x | 1.87x | |
| Interest cover | 5.04x | 5.84x |
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
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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.”
Significant events
- “Effective 1st October 2024, Syndicate 3500 entered into the loss portfolio transfer reinsurance of certain lines of business originally written in the 1993 - 2022 underwriting years of QBE Syndicates 386 and 2999.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HENRY, Fraser | Secretary | 2007-07-19 | — | British |
| CAIN, Michael Roger | Director | 2023-10-30 | Mar 1972 | British |
| CREED, Andrew Robert | Director | 2019-03-14 | Jun 1983 | British |
| INSLEY, James Christopher Paul | Director | 2026-02-19 | Oct 1974 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DRAKE, Jonathan Vaughan | Secretary | 1998-11-25 | 2002-12-18 |
| GARROD, Sarah Louise | Secretary | 2016-01-28 | 2020-06-15 |
| MOULE, Frances Louise | Secretary | 2003-12-16 | 2006-10-30 |
| REGAN, Catherine Geraldine | Secretary | 2002-11-04 | 2007-07-19 |
| CLYDE SECRETARIES LIMITED | Corporate Secretary | 1998-10-23 | 1998-11-25 |
| BATOR, John Joseph | Director | 2003-01-22 | 2008-10-01 |
| BENTLEY, Nicholas Craig | Director | 2000-08-14 | 2021-08-23 |
| DUFFY, Christopher William | Nominee Director | 1998-10-23 | 1998-11-25 |
| FORNESS, Robert Joseph | Director | 1998-11-25 | 2000-02-03 |
| GILLETT, William John | Director | 2003-06-13 | 2007-09-05 |
| HARRIS, Richard John | Director | 1998-11-25 | 2003-04-30 |
| HEMSLEY, Lorna Ann | Director | 2008-09-22 | 2019-03-14 |
| PAGE, David William | Nominee Director | 1998-10-23 | 1998-11-25 |
| TANZER, Luke Robert | Director | 2008-11-25 | 2026-01-05 |
| WATSON, Michael Clive | Director | 1998-11-25 | 2000-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Riverstone Holdings Limited | Corporate entity | Shares 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 230 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-15 RESOLUTIONS Resolution
- 2025-03-27 RESOLUTIONS Resolution
- 2024-10-09 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-26 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-21 | AD04 | address | Move registers to registered office company with new address | |
| 2026-01-14 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-12 | SH02 | capital | Capital alter shares subdivision | |
| 2025-12-15 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-12-15 | SH20 | capital | Legacy | |
| 2025-12-15 | CAP-SS | insolvency | Legacy | |
| 2025-12-15 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-04 | CH01 | officers | Change person director company with change date | |
| 2025-08-07 | AA | accounts | Accounts with accounts type full | |
| 2025-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-27 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-03-27 | SH20 | capital | Legacy | |
| 2025-03-27 | CAP-SS | insolvency | Legacy | |
| 2025-03-27 | RESOLUTIONS | resolution | Resolution | |
| 2025-03-25 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-09 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-09 | CAP-SS | insolvency | Legacy | |
| 2024-10-09 | SH20 | capital | Legacy | |
| 2024-05-18 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 6
- Officers appointed
- 1
- Officers resigned
- 1
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
-56.6%
£91,689,000 £39,809,000
-
Cash
-86.2%
£373,754,000 £51,539,000
-
Net assets
-8.3%
£612,726,000 £561,942,000
-
Employees
—
Not reported
-
Operating profit
-14.4%
£281,051,000 £240,481,000
-
Profit before tax
-16.1%
£260,532,000 £218,705,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers