HISCOX MGA LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-21 (in 3mo)
Last made up 2025-08-07
Watchouts
None on the register
Cash
£7M
+84.8% vs 2023
Net assets
£6M
+30.9% vs 2023
Employees
0
Average over period
Profit before tax
£2M
+115.6% vs 2023
Name history
Renamed 1 time since incorporation
- HISCOX MGA LTD 2015-03-02 → present
- R&Q MARINE SERVICES LIMITED 2011-07-27 → 2015-03-02
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £2,497,000 | £1,736,000 | |
| Operating profit | — | — | |
| Profit before tax | £941,000 | £2,029,000 | |
| Net profit | £563,000 | £1,522,000 | |
| Cash | £3,522,000 | £6,507,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £4,924,000 | £6,446,000 | |
| Equity | £4,924,000 | £6,446,000 | |
| Average employees | 0 | 0 | |
| 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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Net margin | 22.5% | 87.7% | |
| Gearing (liabilities / total assets) | 59.4% | 20.4% |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence over a period of at least 12 months from the date of this report.”
Significant events
- “The final value at the end of year 3, being December 2023, resulted in an impairment of £44k. This has been taken to the profit and Loss in 2023 with the final contingent consideration settled in June 2024.”
- “In March 2025, the Company declared and subsequently distributed a dividend of £2.5m to its parent company, Hiscox plc.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MARKHAM, Katrina Jean Mackenzie | Director | 2017-11-28 | Jan 1974 | British |
| WILLIAMS, Michael | Director | 2021-01-18 | May 1981 | British |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GORMLEY, David Joseph | Secretary | 2017-04-03 | 2018-03-23 |
| HALL, Lori-Lee | Secretary | 2018-03-23 | 2020-02-13 |
| HUNT, Bethany Francesca Emma | Secretary | 2015-03-05 | 2018-11-07 |
| TAYLOR, John Keith | Secretary | 2015-02-27 | 2017-04-03 |
| R&Q CENTRAL SERVICES LIMITED | Corporate Secretary | 2013-11-28 | 2015-02-27 |
| R&Q SECRETARIES LIMITED | Corporate Secretary | 2011-07-27 | 2013-11-28 |
| BELL, Michael | Director | 2012-07-26 | 2015-02-27 |
| DE LABILLIÈRE, James Alexander Delacour | Director | 2015-04-16 | 2019-12-31 |
| GLOVER, Michael Logan | Director | 2011-07-27 | 2012-02-08 |
| HALES, Nicholas John | Director | 2012-02-09 | 2015-02-27 |
| INCE, Rebecca Clare | Director | 2015-04-16 | 2019-03-20 |
| JONES, Jason Sebastian | Director | 2015-02-27 | 2016-09-30 |
| LAWRENCE, Paul Andrew | Director | 2015-04-16 | 2019-03-20 |
| LECOINTE, Pascal Paul Christian | Director | 2019-11-20 | 2025-03-07 |
| MARTIN, Ian James | Director | 2019-09-16 | 2020-11-30 |
| MASOJADA, Bronislaw Edmund | Director | 2015-04-16 | 2017-11-28 |
| MCCOY, Robin Edward | Director | 2011-07-27 | 2015-02-27 |
| MILLER, Paul | Director | 2012-03-06 | 2020-12-18 |
| NIELSEN, Christian Leth | Director | 2021-01-18 | 2021-06-18 |
| ROSE, Helen | Director | 2022-04-13 | 2026-02-23 |
| SLOAN, Philippe Michel | Director | 2011-10-12 | 2015-02-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hiscox Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-26 | Active |
Filing timeline
Last 20 of 88 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-09 | AA | accounts | Accounts with accounts type full | |
| 2025-03-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-20 | AA | accounts | Accounts with accounts type full | |
| 2023-10-02 | AA | accounts | Accounts with accounts type full | |
| 2023-08-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-07 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-11-04 | CH01 | officers | Change person director company with change date | |
| 2022-11-03 | CH01 | officers | Change person director company with change date | |
| 2022-11-03 | CH01 | officers | Change person director company with change date | |
| 2022-11-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-09-27 | AA | accounts | Accounts with accounts type full | |
| 2022-09-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-06 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-29 | CH01 | officers | Change person director company with change date | |
| 2021-09-10 | AA | accounts | Accounts with accounts type full | |
| 2021-08-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-23 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- 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
-30.5%
£2,497,000 £1,736,000
-
Cash
+84.8%
£3,522,000 £6,507,000
-
Net assets
+30.9%
£4,924,000 £6,446,000
-
Employees
—
Not reported
-
Profit before tax
+115.6%
£941,000 £2,029,000
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