MMA HOLDINGS UK PLC

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. MMA HOLDINGS UK PLC 2001-04-11 → present
2. BERKSHIRE SERVICES LIMITED 2000-04-27 → 2001-04-11
3. MMA INSURANCE LIMITED 1999-11-18 → 2000-04-27
4. CLEARDUAL LIMITED 1999-07-12 → 1999-11-18

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

“The Directors are satisfied that it has adequate resources to continue operating for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. MMA HOLDINGS UK PLC · parent
   1. Covea Insurance plc 100% · England · General insurance underwriter
   2. Covéa Insurance Services Limited 100% · England · Provides management services to other companies within the UK Group
   3. Covéa Life Limited 100% · England · Life insurance underwriter
   4. Sterling Client Services Limited 100% · England · Provision of administration and intermediary services within the insurance and financial services industry
   5. Sterling Insurance Trustees Limited 100% · England · Dormant
   6. Hebble Law Limited 0% · England · Dissolved
   7. Provident Insurance Limited 0% · England · Dissolved

Significant events

• “A High Court legal ruling in June 2023 (Virgin Media Limited vs NTL Pension Trustees II Limited) decided that certain rule amendments were invalid if they were not accompanied by the correct actuarial confirmation. In July 2024, an appeal by Virgin Media Limited was dismissed by the High Court, affirming the initial judgment. While the ruling only applied to the specific pension scheme in question, it now forms part of case law and can therefore be expected to apply across other pension schemes. The Company has begun assessing the impact of the ruling on each of the Company's pension schemes.”
• “On 27th January 2025 the Board of Sterling Client Services approved a £350,000 dividend payment to the Company in respect of 2023.”
• “Hebble Law Limited was struck off the Registrar of Companies on 3 September 2024 and the company was dissolved on 10 September 2024.”
• “Provident Insurance Limited was struck off the Registrar of Companies on 9 July 2024 and the company was dissolved on 16 July 2024.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  -54.6%

  £19,603,000 → £8,892,000

• Net assets

  +11.4%

  £294,150,000 → £327,570,000

• Employees

  —

  Not reported

• Operating profit

  -450.5%

  £814,000 → -£2,853,000

• Profit before tax

  +191.3%

  -£36,739,000 → £33,545,000

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