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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-11-12 (in 6mo)

Last made up 2025-10-29

Watchouts

None on the register

Cash

£438K

-28.6% vs 2024

Net assets

£5M

+12.5% vs 2024

Employees

0

Average over period

Profit before tax

£674K

-6.7% vs 2024

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £3,428,367£3,968,220
Operating profit £503,921£462,892
Profit before tax £722,902£674,253
Net profit £582,317£516,524
Cash £613,730£438,070
Total assets less current liabilities
Net assets £4,148,352£4,664,876
Equity £4,148,352£4,664,876
Average employees 00
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 2024-03-312025-03-31
Operating margin 14.7%11.7%
Net margin 17.0%13.0%
Gearing (liabilities / total assets) 63.1%64.7%
Interest cover 1.58x1.70x

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
Consolidated group
Auditor
Humphrey & Co Audit Services Ltd
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The group's underwriting is supported by Funds at Lloyd's, either made available by the group directly or by its members. The directors are of the opinion that the group has adequate resources to meet its underwriting and other operational obligations for the foreseeable future. Accordingly, the going concern concept has been adopted in the preparation of the financial statements.”

Group structure

  1. LUREX FINANCE LTD · parent
    1. Valentine Underwriting Limited 100% · Corporate member of Lloyds

Significant events

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

People

3 active · 0 resigned

Name Role Appointed Born Nationality
HOGG, Bertrand Director 2016-07-19 Apr 1966 French
HOGG, Christopher Director 2016-07-19 Jan 1969 French
KOLLIAS, Antonios Director 2018-07-30 Jun 1965 Greek

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Bertrand Hogg Individual Shares 25–50% 2016-07-19 Active
Mr Christopher Hogg Individual Shares 25–50% 2016-07-19 Active

Filing timeline

Last 20 of 26 total filings

Date Type Category Description
2026-03-24 AD01 address Change registered office address company with date old address new address PDF
2026-01-07 AA accounts Accounts with accounts type group
2025-12-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-12 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-09-12 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-12-09 AA accounts Accounts with accounts type group
2024-12-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-12-21 AA accounts Accounts with accounts type group
2023-12-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-12-15 AA accounts Accounts with accounts type group
2022-12-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-12-06 AA accounts Accounts with accounts type group
2021-12-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-01-27 AA accounts Accounts with accounts type group
2020-10-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-12-18 AA accounts Accounts with accounts type group
2019-10-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-03-18 AA accounts Accounts with accounts type group
2018-10-29 CS01 confirmation-statement Confirmation statement with updates PDF
2018-07-30 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

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

Official Companies House page