BLENHEIM UNDERWRITING LIMITED

1. BLENHEIM UNDERWRITING LIMITED 2017-02-01 → present
2. BLENHEIM MANAGING AGENCY LIMITED 2016-06-28 → 2017-02-01

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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having considered the principal risks and uncertainties facing the Company, the expected future profitability and cash flows of the Company, and the amount of shareholder's equity, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the next 12 months. Thus, they continue to adopt the going concern basis.”

Significant events

• “Following the closure of the Property Treaty account in 2023, trading conditions have been favourable despite 2024 being another active catastrophe year with over $140bn of worldwide insured losses, marking the fifth consecutive year of losses exceeding $100bn. The only catastrophes to materially affect the Syndicate were Hurricanes Milton and Helene.”
• “For the 2025 YoA, the Syndicate's newest accounts, a Casualty account and a Portfolio Solutions account, grew to Lloyd's approved Gross Written Premium ("GWP") figure of £118.6m and £65.1m respectively. These accounts allow the Syndicate to achieve a more balanced income distribution.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +53.2%

  £20,329,000 → £31,134,000

• Cash

  -60.9%

  £174,000 → £68,000

• Net assets

  +38.5%

  £9,491,000 → £13,148,000

• Employees

  —

  Not reported

• Operating profit

  +617.3%

  £1,422,000 → £10,200,000

• Profit before tax

  +616.6%

  £1,424,000 → £10,204,000

• Wages

  +2.8%

  £9,900,000 → £10,173,000

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