UK Companies House feature
SOMERSET BRIDGE GROUP LIMITED
Profile
- Company number
- 11737836
- Status
- Active
- Incorporation
- 2018-12-21
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 66220
- Hubs
- UK Fintech
Accounts
Pending extraction
No iXBRL extracted yet for this company.
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Group and Company have adequate resources to continue operating for at least 12 months from the signing date of these finacial statements. In assessing the appropriateness of the going concern basis, the directors prepared and reviewed full financial forecasts up to 31 December 2026. It was concluded that the Group is expected to continue as a going concern, and that no material uncertainty exists around the going concern basis of preparation.”
Subsidiaries
- Somerset Bridge Limited · 100% held · UK · Insurance agents and brokers
- Somerset Bridge Insurance Services Limited · 100% held · UK · Insurance agents and brokers
- Somerset Bridge Shared Services Limited · 100% held · UK · Other service activities
Significant events
- “In August 2021, the Group was acquired by Arch Reinsurance Ltd ("Arch Re"), a subsidiary of Arch Capital Group Ltd, an American, Bermuda based insurance and reinsurance group. The acquisition provides security to the Group's underwriting capacity into the future and provides a robust financial foundation, to provide an enhanced proposition to our customers, stakeholders and third-party partners.”
- “Following the acquisition, in 2021, the Group received a Capital Contribution of £11.7m from its immediate parent entity. Further capital injections of £49.5m have been received in 2022 and 2023.”
- “In 2024 SBISL achieved turnover of £150.4m (2023: £85.4m) and operating profit of £69.0m (2023: £34.2m). The growth in turnover was the result of increased policy volumes and a higher average income per policy.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARNOLD, Damian Barry | Director | 2021-12-02 | Aug 1980 | British |
| DUFFY, Damien Peter | Director | 2022-11-01 | Jul 1968 | British |
| HOLMAN, Martyn John | Director | 2023-03-10 | Mar 1960 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FRITES, Shiam | Secretary | 2018-12-21 | 2023-01-12 |
| BANKS, Jonathan Ian | Director | 2018-12-21 | 2021-08-05 |
| BILNEY, Elizabeth | Director | 2018-12-21 | 2021-08-05 |
| GILLIGHAN, Christopher John | Director | 2018-12-21 | 2023-01-23 |
| MANSFIELD, Julia Jane | Director | 2021-08-20 | 2024-11-28 |
| MARSHALL, Alison | Director | 2018-12-21 | 2022-11-01 |
| MEACOCK, Alexander George Austell | Director | 2019-03-25 | 2021-05-10 |
| OLDRIDGE, Christine Paula | Director | 2023-03-10 | 2024-11-28 |
| ROBINSON, Martin Fredrick | Director | 2021-08-05 | 2023-03-10 |
| SOARES, William | Director | 2021-08-05 | 2024-11-28 |
| STEWART, Alistair | Director | 2023-03-10 | 2024-11-28 |
| TAYLOR, David Colin | Director | 2021-08-20 | 2023-03-10 |
| VAN DELM, Rudi Annie Maurice | Director | 2024-07-01 | 2024-11-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Arch Capital Group Limited | Corporate entity | Shares 75–100% | 2023-12-13 | Active |
| Arch Reinsurance Ltd | Corporate entity | Shares 75–100% | 2021-08-05 | Ceased 2023-12-13 |
| Mr Arron Fraser Andrew Banks | Individual | Shares 50–75% | 2018-12-31 | Ceased 2021-08-05 |
| Ms Alison Marshall | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-12-21 | Ceased 2018-12-31 |
Filing timeline
Last 20 of 72 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-08-11 | AA | accounts | accounts with accounts type group |
| 2025-08-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-12-10 | TM01 | officers | termination director company with name termination date |
| 2024-12-10 | TM01 | officers | termination director company with name termination date |
| 2024-12-10 | TM01 | officers | termination director company with name termination date |
| 2024-12-10 | TM01 | officers | termination director company with name termination date |
| 2024-12-10 | TM01 | officers | termination director company with name termination date |
| 2024-08-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-07-14 | AP01 | officers | appoint person director company with name date |
| 2024-07-10 | AA | accounts | accounts with accounts type group |
| 2023-12-14 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2023-12-14 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-08-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-07-21 | AA | accounts | accounts with accounts type group |
| 2023-03-30 | CH01 | officers | change person director company with change date |
| 2023-03-24 | AP01 | officers | appoint person director company with name date |
| 2023-03-24 | AP01 | officers | appoint person director company with name date |
| 2023-03-24 | AP01 | officers | appoint person director company with name date |
| 2023-03-24 | TM01 | officers | termination director company with name termination date |
| 2023-03-24 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.