ATRIUM INSURANCE AGENCY 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

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least a twelve month period from the date of issue of these financial statements. For this reason they continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “The decrease seen in all KPI's is largely driven by a reduction in fee income of $1,318,303 (2023: $2,475,650) and profit commission of $7,738 (2023: $799,522) recognised in the year.”
• “Fee income has decreased due to a number of launch delays throughout 2024, pushing those launches into 2025.”
• “no profit commission has been recognised in the year on the open years of account due to notified loss activity. In particular we were advised of a total loss on the SkyTerra satellite, and partial losses on O3b mPOWER MP01 & MP02 in the 2022 YOA and the total loss of the Arcturus, Azersky 1, Inmarsat 6F2 and Viasat 3F2 satellites and partial losses on GeoSat 2, O3b mPOWER MP03 & MP04 in the 2023 YOA.”
• “The total dividends declared and paid in the year amounted to $1,000,000 (2023: $nil).”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -59.5%

  £2,427,852 → £982,981

• Cash

  -29.2%

  £2,426,042 → £1,717,425

• Net assets

  -51.6%

  £1,587,302 → £768,451

• Employees

  —

  Not reported

• Operating profit

  -116%

  £1,231,258 → -£196,549

• Profit before tax

  -108%

  £1,282,179 → -£103,005

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