VALIDUS RISK MANAGEMENT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-03 (in 9mo)
Last made up 2026-01-20
Watchouts
Cash
£5M
+17.8% highest in 4 filed years
Net assets
£6M
-0.1% vs 2023
Employees
88
+15.8% highest in 4 filed years
Profit before tax
—
Period ending 2024-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Financials median
Accounts
6-year trend · latest reflected 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 the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Audit & accounting basis
- 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.”
Group structure
- VALIDUS RISK MANAGEMENT LIMITED · parent
- Validus NA Inc. 100%
- Validus Europe AS 100%
- Validus USA Inc. 100%
- Validus Group Limited 100%
- Validus Macro Strategies Inc 70%
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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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
Material constitutional events — rename, articles re-file, resolution
- 2025-05-22 RESOLUTIONS Resolution
- 2025-05-21 MA Memorandum articles
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 9
- Officers appointed
- 1
- Officers resigned
- 3
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
—
Not reported
-
Cash
+17.8%
£4,546,433 £5,357,777
highest in 4 filed years
-
Net assets
-0.1%
£6,004,723 £6,000,977
-
Employees
+15.8%
76 88
highest in 4 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers