HADLEIGH HOLDINGS LIMITED

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

Consolidated group

Auditor

Stephenson Smart (East Anglia) Limited

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 group's and the parent 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

1. HADLEIGH HOLDINGS LIMITED · parent
   1. Herts Insurance Consultants Limited 100% · UK · Non-life insurance
   2. Hadleigh Claims Management Limited 100% · UK · Non-life insurance and non-life reinsurance
   3. Hadleigh Breakdown Limited 100% · UK · Dormant

Significant events

• “Although turnover has fallen back to historical levels after a substantial increase in the previous year, the group's performance during the year represents a strong operation in a market place where premiums have been squeezed due to the over-capacity in the industry.”
• “The net operating margin decreased to 22.55% (2024: 29.74%). This was expected to fall given inflationary pressures and the increased staff costs during the year due to increases in the national minimum wage.”
• “Information Technology development continues at a pace. These developments will provide penetration into new markets and along with further expansion of existing products will provide a strong opportunity to capitalise on expected increases in premium levels.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  -10.5%

  £32,483,858 → £29,079,226

• Cash

  -11.1%

  £23,593,697 → £20,964,939

• Net assets

  -8.7%

  £17,945,836 → £16,385,309

• Employees

  +6.3%

  379 → 403

• Operating profit

  -32.1%

  £9,660,235 → £6,558,209

• Profit before tax

  -29.7%

  £10,298,468 → £7,241,740

• Wages

  +8.7%

  £9,055,259 → £9,839,998

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