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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-12-21 (in 7mo)

Last made up 2025-12-07

Watchouts

None on the register

Cash

£2B

+29.5% vs 2023

Net assets

£2B

-15.9% vs 2023

Employees

10,871

Average over period

Profit before tax

-£472M

-48.7% vs 2023

Name history

Renamed 1 time since incorporation

  1. ARDONAGH GROUP HOLDINGS LIMITED 2022-07-05 → present
  2. ARDONAGH NEW MIDCO 2 LTD 2021-12-08 → 2022-07-05

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £1,209,263,000£1,488,169,000
Operating profit £78,185,000£62,378,000
Profit before tax -£317,764,000-£472,470,000
Net profit -£242,294,000-£352,226,000
Cash £1,251,529,000£1,620,869,000
Total assets less current liabilities £7,189,199,000£7,706,157,000
Net assets £2,937,525,000£2,469,161,000
Equity £2,937,525,000£2,469,161,000
Average employees 10,871
Wages £550,700,000£679,745,000

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 2023-12-312024-12-31
Operating margin 6.5%4.2%
Net margin -20.0%-23.7%
Return on capital employed 1.1%0.8%
Gearing (liabilities / total assets) 67.5%74.1%
Current ratio 1.76x1.25x
Interest cover 0.18x0.10x

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
Consolidated group
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“We have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Our evaluation of the Directors' assessment of the Group's and parent company's ability to continue to adopt the going concern basis of accounting included: ...”

Group structure

  1. ARDONAGH GROUP HOLDINGS LIMITED · parent
    1. 4C Platform.com Limited 100% · UK · Ordinary
    2. 838 SOLUÇÕES LTDA 100% · Brazil · Quotas
    3. AB Risk Solutions Limited 100% · UK · Ordinary
    4. Abaco Insurance Brokers Limited 100% · UK · Ordinary
    5. Absolute Insurance Brokers Limited 100% · UK · Ordinary

Significant events

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

People

12 active · 2 resigned

Name Role Appointed Born Nationality
ARDONAGH CORPORATE SECRETARY LIMITED Corporate Secretary 2022-05-31
BABIKIAN, Shant Director 2022-05-31 Oct 1984 American
BUTLER, Patrick Noel Director 2022-05-31 Dec 1960 Irish
CAREY, James Dawson Director 2025-12-16 Sep 1966 American
COUGILL, Diane Director 2022-05-31 Sep 1963 British
DOMBALAGIAN, Vahe Alex Director 2022-05-31 Sep 1973 American
FRENCH, Scot Director 2022-05-31 Oct 1970 American
MATTHEWS, James Robert Director 2025-06-30 Apr 1967 American
RAINO, Matthew William Director 2022-05-31 Apr 1978 American
ROSS, David Christopher Director 2022-05-31 Feb 1969 Irish
SCRIVENS, Martyn Director 2022-10-21 May 1956 British
TINER, John Ivan Director 2022-05-31 Feb 1957 British
Show 2 resigned officers
Name Role Appointed Resigned
BABIKIAN, Shant Arthur Director 2021-12-08 2022-05-31
DENISON, Matthew Mueller Director 2021-12-08 2022-05-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Tara Topco Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-12-08 Ceased 2021-12-08

Filing timeline

Last 20 of 45 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-01-13 MA Memorandum articles
  • 2026-01-13 RESOLUTIONS Resolution
  • 2024-11-13 RESOLUTIONS Resolution
Date Type Category Description
2026-04-27 SH01 capital Capital allotment shares PDF
2026-01-22 RP01SH01 miscellaneous Legacy PDF
2026-01-22 CS01 confirmation-statement Confirmation statement with updates PDF
2026-01-13 MA incorporation Memorandum articles
2026-01-13 RESOLUTIONS resolution Resolution
2026-01-08 AP01 officers Appoint person director company with name date PDF
2025-10-14 SH01 capital Capital allotment shares
2025-09-09 SH01 capital Capital allotment shares PDF
2025-09-09 SH01 capital Capital allotment shares PDF
2025-07-03 AP01 officers Appoint person director company with name date PDF
2025-06-27 AA accounts Accounts with accounts type group
2025-04-14 CH01 officers Change person director company with change date PDF
2025-01-24 SH01 capital Capital allotment shares PDF
2024-12-16 SH01 capital Capital allotment shares PDF
2024-12-10 CS01 confirmation-statement Confirmation statement with updates PDF
2024-11-26 SH01 capital Capital allotment shares PDF
2024-11-13 SH19 capital Capital statement capital company with date currency figure
2024-11-13 SH20 capital Legacy
2024-11-13 CAP-SS insolvency Legacy
2024-11-13 RESOLUTIONS resolution Resolution

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
11

last 12 months

Capital events
9

last 24 months

Officers appointed
2

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

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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