ALTERRA CORPORATE CAPITAL 2 LIMITED

• ⚠

  Material uncertainty over going concern

  As the Company no longer performs its principal activity of being a corporate member providing capacity to Syndicate 2526 as described in the Strategic report, the financial statements have been prepared on a basis other than going concern. In performing their assessment, the Directors confirm that there has been no impact to the Statement of comprehensive income, the Statement of financial position, or cash flows as a result of the change in the basis of preparation.

1. ALTERRA CORPORATE CAPITAL 2 LIMITED 2010-05-14 → present
2. MAX CORPORATE CAPITAL 2 LTD. 2008-11-21 → 2010-05-14
3. IMAGINE CORPORATE CAPITAL 2 LIMITED 2007-04-25 → 2008-11-21
4. DANISH RE CAPITAL LIMITED 1999-04-21 → 2007-04-25
5. DANISH RE SYNDICATE MANAGEMENT LIMITED 1999-02-02 → 1999-04-21
6. MINMAR (443) LIMITED 1999-01-28 → 1999-02-02

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

KPMG LLP, London

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As the Company no longer performs its principal activity of being a corporate member providing capacity to Syndicate 2526 as described in the Strategic report, the financial statements have been prepared on a basis other than going concern. In performing their assessment, the Directors confirm that there has been no impact to the Statement of comprehensive income, the Statement of financial position, or cash flows as a result of the change in the basis of preparation.”

Significant events

• “At 31 December 2018, Syndicate 2526 ceased to exist following the conclusion of a RITC arrangement with Syndicate 2008 signed on 14th February 2019. No new business is being transacted in respect of the Company's participation in Syndicate 2526.”

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

1

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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -5.7%

  £194,000 → £183,000

• Employees

  —

  Not reported

• Profit before tax

  -1,400%

  -£1,000 → -£15,000

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