WRBC SERVICES, LIMITED

1. WRBC SERVICES, LIMITED 2011-01-04 → present
2. STEAMBOAT ADVISORY SERVICES, LIMITED 2008-01-24 → 2011-01-04
3. W. R. BERKLEY SYNDICATE MANAGEMENT, LIMITED 2007-01-18 → 2008-01-24
4. MINMAR (811) LIMITED 2007-01-03 → 2007-01-18

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors consider the Company is well placed to manage its business risks. After considering the financial position of the Company, together with the expected cash flows from forecasted operations for the next 12 months from the date of approval of these financial statements, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months from the date of approval of these financial statements. The Directors also believe that the Company has the resources and the operating model flexibility and resilience to support and enable the continuing delivery of key services. Accordingly, the Company continues to adopt the going concern basis in preparing the annual report.”

Group structure

1. WRBC SERVICES, LIMITED · parent
   1. Berkley Offshore Underwriting Managers UK, Limited 100% · UK · Underwriting manager
   2. Berkley Professional Liability UK, Limited 100% · UK · Inactive
   3. Berkley Re UK Limited 100% · UK · Underwriting manager
   4. WRBC Development UK Limited 100% · UK · Inactive
   5. 52 Lime Street Management Limited 100% · UK · Inactive

Significant events

• “In the opinion of the Company's management, there are no events which have taken place after the end of the reporting period and up to the date on which these financial statements have been approved which would materially impact the carrying value of the assets and liabilities at the balance sheet date or affect the Company's ability to continue as a going concern.”

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

Filings

6

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

  -22.9%

  £8,604,350 → £6,632,304

• Cash

  -51.3%

  £24,153,917 → £11,773,297

• Net assets

  -55.8%

  £23,943,240 → £10,588,118

• Employees

  —

  Not reported

• Operating profit

  +20.8%

  £592,289 → £715,507

• Profit before tax

  -64.7%

  £11,142,139 → £3,938,061

• Wages

  -46.4%

  £3,857,150 → £2,067,389

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