SOMERSET BRIDGE INSURANCE SERVICES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-08 (in 1mo)
Last made up 2025-05-25
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
111
+1.8% vs 2023
Profit before tax
—
Period ending 2024-12-31
Name history
Renamed 1 time since incorporation
- SOMERSET BRIDGE INSURANCE SERVICES LIMITED 2019-12-06 → present
- ELDON INSURANCE SERVICES LIMITED 2007-08-06 → 2019-12-06
Turnover
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £85,404,000 | £150,436,000 | |
| Operating profit | £34,409,000 | £69,186,000 | |
| Profit before tax | — | — | |
| Net profit | — | — | |
| Cash | — | — | |
| Total assets less current liabilities | — | — | |
| Net assets | — | — | |
| Equity | — | — | |
| Average employees | 109 | 111 | |
| Wages | £5,665,000 | £6,734,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 40.3% | 46.0% |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation that the Company has adequate resources to continue in operation for at least 12 months from the date of approval of the financial statements. Therefore, the Directors continue to adopt the going concern basis of preparation of these financial statements.”
Significant events
- “On 1st July 2024 the Company sold the book of business of its commercial division, GoSkippy4Business, to a third party in a move to focus on consolidating and expanding its private motor insurance footprint.”
- “As a result, the Group is implementing changes to its structure by bringing together the broking and underwriting activities into Somerset Bridge Insurance Services Limited, as a single Managing General Agent. These changes, applied from 1 January 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARNOLD, Damian Barry | Director | 2020-01-01 | Aug 1980 | British |
| DUFFY, Damien Peter | Director | 2022-11-01 | Jul 1968 | British |
| HAMMER-DAHINDEN, Michael | Director | 2025-09-18 | Oct 1966 | Swiss |
| HOLMAN, Martyn John | Director | 2019-05-10 | Mar 1960 | British |
| OLDRIDGE, Christine Paula | Director | 2020-01-01 | Jun 1966 | British,Canadian |
| SOARES, William | Director | 2021-08-05 | Sep 1979 | Bermudian |
| TAYLOR, David Colin | Director | 2024-12-18 | May 1972 | British |
| VAN DELM, Rudi Annie Maurice | Director | 2024-07-01 | Nov 1964 | Belgian |
| VILKAITIS, Aristidas | Director | 2024-12-16 | Mar 1984 | Lithuanian |
| WATSON, Susan | Director | 2025-09-18 | Aug 1979 | British |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DISNEY-WALFORD, Oliver Matthew William | Secretary | 2013-07-24 | 2014-07-04 |
| HERRMANN, David | Secretary | 2009-06-01 | 2012-12-31 |
| SHEEN, Andrew Idwal | Secretary | 2012-12-31 | 2013-07-24 |
| WALTERS, Paul | Secretary | 2014-07-07 | 2015-09-04 |
| WILLIAMS, Dawn Elizabeth Alice | Secretary | 2015-09-21 | 2018-08-29 |
| JORDAN COMPANY SECRETARIES LIMITED | Corporate Secretary | 2007-08-06 | 2009-06-01 |
| BANKS, Arron Fraser Andrew | Director | 2012-08-31 | 2013-09-05 |
| BANKS, Jonathan Ian | Director | 2013-09-05 | 2021-08-05 |
| BILNEY, Elizabeth | Director | 2013-01-24 | 2021-08-05 |
| BOLEAT, Mark John, Sir | Director | 2019-06-12 | 2020-03-31 |
| CHASE GARDENER, Paul Simon | Director | 2007-08-06 | 2013-02-11 |
| COETZEE, Jacobus Lodewyk | Director | 2013-09-05 | 2019-04-29 |
| DADEY, Teresa Frances | Director | 2021-10-13 | 2023-03-10 |
| GANNON, John William | Director | 2007-08-06 | 2012-08-31 |
| HAYES, Robert | Director | 2017-07-27 | 2019-07-27 |
| HENDERSON, William Richard | Director | 2008-09-01 | 2008-12-11 |
| LEE, Michael David | Director | 2007-10-01 | 2011-04-04 |
| MANSFIELD, Julia Jane | Director | 2021-08-05 | 2025-04-25 |
| MARSHALL, Alison | Director | 2015-01-29 | 2022-11-01 |
| MORGAN, Gareth | Director | 2016-02-15 | 2017-02-14 |
| PUTTICK, Matthew James | Director | 2013-01-24 | 2013-09-30 |
| STEWART, Alistair | Director | 2022-01-12 | 2025-05-06 |
| STEWART, Alistair Crighton | Director | 2017-03-17 | 2020-03-30 |
| STRINGER, Darren Michael | Director | 2021-10-13 | 2023-03-10 |
| TAYLOR, David Colin | Director | 2019-05-10 | 2023-03-10 |
| WIGMORE, Andrew Bruce | Director | 2015-12-15 | 2018-04-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Somerset Bridge Group Limited | Corporate entity | Shares 75–100% | 2021-08-05 | Active |
| Mr Arron Fraser Andrew Banks | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2021-08-05 |
Filing timeline
Last 20 of 127 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-16 | AA | accounts | Accounts with accounts type full | |
| 2025-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-09 | AA | accounts | Accounts | |
| 2024-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-25 | AA | accounts | Accounts with accounts type full | |
| 2023-05-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-30 | CH01 | officers | Change person director company with change date | |
| 2023-03-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-24 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-02 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-01 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+76.1%
£85,404,000 £150,436,000
-
Cash
—
Not reported
-
Net assets
—
Not reported
-
Employees
+1.8%
109 111
-
Operating profit
+101.1%
£34,409,000 £69,186,000
-
Wages
+18.9%
£5,665,000 £6,734,000
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