UK Companies House feature
VALIDUS RISK MANAGEMENT LIMITED
Cash
£5M
+17.8% vs 2023
Net assets
£6M
-0.1% vs 2023
Employees
88
+15.8% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 07140753
- Status
- Active
- Incorporation
- 2010-01-29
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 66190
- Hubs
- UK Fintech
Net assets
6-year trend · vs UK Fintech median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2020-01-31 | 2021-01-31 | 2022-01-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | — | — | — | — | — | £277,809 | |
| Cash | £828,782 | — | £1,978,791 | — | £4,546,433 | £5,357,777 | |
| Total assets less current liabilities | £1,319,038 | — | £4,624,755 | — | £8,375,077 | £7,685,373 | |
| Net assets | £1,228,548 | — | — | — | £6,004,723 | £6,000,977 | |
| Equity | £1,228,548 | £4,854,275 | £4,624,755 | £5,160,784 | £6,004,723 | £6,000,977 | |
| Average employees | 30 | — | 65 | — | 76 | 88 | |
| Wages | — | — | — | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- WP Audit 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.”
Subsidiaries
- Validus NA Inc. · 100% held · Canada · Risk management consultancy
- Validus Europe AS · 100% held · Norway · Risk management consultancy
- Validus USA Inc. · 100% held · United States · Risk management consultancy
- Validus Group Limited · 100% held · Canada · Risk management consultancy
- Validus Macro Strategies Inc · 70% held · Canada · Risk management consultancy
Significant events
- “Following the year end the group completed the third tranche of the buyback of own shares relating to a contract entered into in March 2023. The number of Ordinary A shares purchased into treasury was 21,247 and the consideration paid was £919,357.”
- “In addition, following the year end the group received investment from a third party. The transaction resulted in the issue of 219,349 Ordinary and 35,482 Preferred Shares at a subscription price of £140.92 resulting in approximately £5m of proceeds from the share issue.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLAKSTAD, Haakon | Director | 2021-12-08 | Sep 1984 | Norwegian |
| BROSSEAU, Sylvain | Director | 2020-05-13 | Mar 1962 | Canadian |
| CICHOWSKI, Michael Scott | Director | 2025-05-08 | Jan 1978 | American |
| LESTER, Kevin Dominic | Director | 2010-04-16 | Nov 1974 | British,Canadian |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KOESTER, Wolfgang | Director | 2025-06-02 | 2025-11-30 |
| LALONDE, Julie | Director | 2023-03-01 | 2025-05-08 |
| MUNRO, Robert | Director | 2010-01-29 | 2013-10-07 |
| ROBSON, Philip | Director | 2019-10-05 | 2025-01-30 |
| SCHEEPERS, Francois Erasmus | Director | 2010-04-16 | 2023-03-31 |
| VASVARI, Florin | Director | 2019-10-05 | 2025-05-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Pierre Somers | Individual | ownership-of-shares-25-to-50-percent-as-firm | 2020-05-13 | Ceased 2025-05-08 |
| Mr Kevin Dominic Lester | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2020-05-13 |
| Mr Francois Erasmus Scheepers | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2020-05-13 |
Filing timeline
Last 20 of 158 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-20 | SH01 | capital | capital allotment shares |
| 2026-02-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-01-15 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2026-01-13 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2026-01-13 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-12-08 | TM01 | officers | termination director company with name termination date |
| 2025-10-16 | AP01 | officers | appoint person director company with name date |
| 2025-09-19 | AA | accounts | accounts with accounts type group |
| 2025-07-04 | SH05 | capital | capital cancellation treasury shares with date currency capital figure |
| 2025-07-04 | SH05 | capital | capital cancellation treasury shares with date currency capital figure |
| 2025-06-27 | SH03 | capital | capital return purchase own shares |
| 2025-06-03 | SH05 | capital | capital cancellation treasury shares with date currency capital figure |
| 2025-05-22 | SH05 | capital | capital cancellation treasury shares with date currency capital figure |
| 2025-05-22 | RESOLUTIONS | resolution | resolution |
| 2025-05-21 | MA | incorporation | memorandum articles |
| 2025-05-21 | SH08 | capital | capital name of class of shares |
| 2025-05-21 | SH10 | capital | capital variation of rights attached to shares |
| 2025-05-16 | PSC08 | persons-with-significant-control | notification of a person with significant control statement |
| 2025-05-15 | SH01 | capital | capital allotment shares |
| 2025-05-13 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory