HELIOS UNDERWRITING PLC

1. HELIOS UNDERWRITING PLC 2014-01-22 → present
2. HAMPDEN UNDERWRITING PLC 2007-07-10 → 2014-01-22
3. SENTINEL UNDERWRITING PLC 2006-08-01 → 2007-07-10

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

PKF Littlejohn 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. Our evaluation of the directors' assessment of the company's ability to continue to adopt the going concern basis of accounting included: Obtaining director's assessment of going concern covering the period of at least 12 months from the date of the financial statements being approved; Challenging the forecasts and assumptions of this assessment; Considering the appropriateness of the assessment in light of our understanding of the Company.”

Group structure

1. HELIOS UNDERWRITING PLC · parent
   1. Nameco (No. 917) Limited 1% · Lloyd's of London corporate vehicle
   2. Helios UTG Partner Limited 1% · Corporate partner
   3. Charmac Underwriting Limited 1% · Lloyd's of London corporate vehicle
   4. RBC CEES Trustee Limited 1% · Jersey · Joint Share Ownership Plan
   5. Helios LLV One Limited 1% · Lloyd's of London corporate vehicle

Significant events

• “The 2024 underwriting year was impacted by two hurricanes and the Baltimore Bridge loss.”
• “The recent tragic wildfires in California have produced manageable losses for the Company but these, along with the major windstorm losses in 2024, will likely strengthen the resolve of underwriters to maintain price adequacy.”
• “In 2025 the stop loss policy was not renewed as the surplus funds at Lloyd's of £29m will provide an alternative source of short term financing.”
• “Following the announced retirement of Arthur Manners at the end of June 2025, we announced our intention to appoint Adhiraj Maitra effective 1 July 2025.”
• “Katie Wade was appointed the company's first ever Senior Independent Director with effect from 1st June 2025, and as part of a planned succession, she was also appointed Chair of the Audit Committee.”

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

Filings

15

last 12 months

Capital events

5

last 24 months

Officers appointed

4

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

  -28.7%

  £40,596,000 → £28,935,000

• Net assets

  +6.4%

  £162,701,000 → £173,116,000

• Employees

  —

  Not reported

• Operating profit

  -42.3%

  £36,256,000 → £20,929,000

• Profit before tax

  -42.3%

  £36,256,000 → £20,929,000

• Wages

  +13.9%

  £2,732,000 → £3,111,000

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