ROKSTONE GROUP LIMITED

1. ROKSTONE GROUP LIMITED 2017-04-05 → present
2. SAPIEN RE LTD 2016-09-27 → 2017-04-05

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)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As set out accounting policies note 12 Going concern these financial statements have been prepared on a going concern basis as the Directors have not identified any uncertainties or events that would cast doubt over the Group's ability to continue as a going concern In making this assessment the Directors have considered the Group's ability to meet all its financial obligations as and when they fall due, and have stressed test a number of scenarios including loss of key clients, insurance capacity markets, and currency rate fluctuations in addition, the Directors have taken into account the ongoing financial support available from the Company's parent undertaking, should this be required”

Group structure

1. ROKSTONE GROUP LIMITED · parent
   1. Rokstone NA General Liability Limited 72% · London, EC3R 8AF
   2. Rokstone Power Services Limited 80% · London, EC3R 8AF
   3. Rokstone Engineering Risks Limited 83% · London, EC3R 8AF
   4. Rokstone Special Risks Limited 100% · London, EC3R 8AF
   5. Rokstone Professional Indemnity Risks Limited 75% · London, EC3R 8AF
   6. Rokstone Sports & Prize Indemnity limited 70% · London, EC3R 8AF
   7. Rokstone Accident & Health Ltd 81% · London, EC3R 8AF
   8. Rokstone Specialty Treaty Limited 100% · London, EC3R 8AF
   9. Rokstone Commercial Limited 100% · London, EC3R 8AF
   10. Rokstone Surety Limited 100% · London, EC3R 8AF
   11. Rokstone Commercial International Limited 100% · London, EC3R 8AF

Significant events

• “After the year end, the Company advanced a loan of £500k to a director of its parent undertaking. The loan is interest free with payment terms within 12 months of the loan being advanced subject to change if otherwise agreed. This amount was outstanding at the date of approval of these financial statements.”

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

Filings

3

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.

• Turnover

  -3.5%

  £33,157,000 → £32,012,000

• Cash

  -25.3%

  £40,656,000 → £30,390,000

• Net assets

  +15.5%

  £19,260,000 → £22,236,000

• Employees

  +5.5%

  255 → 269

• Operating profit

  -301.4%

  £3,153,000 → -£6,349,000

• Profit before tax

  -140.8%

  £3,962,000 → -£1,616,000

• Wages

  +60%

  £21,147,000 → £33,842,000

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