NAMECO (NO. 1386) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-18 (in 4mo)
Last made up 2025-09-04
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£4M
+4,124,904% vs 2023
Employees
0
Average over period
Profit before tax
£4M
+814.4% vs 2023
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Gross written premiums | £65,051,729 | £172,084,569 | |
| Net earned premiums | £20,233,609 | £110,644,650 | |
| Claims incurred | £9,272,203 | £102,495,422 | |
| Investment return | £473,510 | £1,660,704 | |
| Profit before tax | £408,261 | £3,733,013 | |
| Net profit | £408,261 | £3,735,336 | |
| Insurance contract liabilities | £21,418,853 | £124,598,257 | |
| Total assets | £52,938,351 | £189,484,309 | |
| Total liabilities | £52,938,251 | £185,359,305 | |
| Equity | £100 | £4,125,004 | |
| Average employees | 0 | 0 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 100.0% | 97.8% |
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
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company participates as an underwriting member of Lloyd's. Its underwriting is supported by Funds at Lloyd's, either made available by the Company directly or by its members. The Directors are of the opinion that the Company 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.”
Significant events
- “The 2023 and 2024 open underwriting accounts will normally close on 31 December 2025 and 2026.”
- “The Company has entered into a 100% Quota Share ("QS") agreement with London Bridge 2 PCC Limited ("PCC") for all underwriting years of account.”
- “As at 31 December 2024, PCC has provided Funds at Lloyd's of £39,909,000, as part of the QS agreement, to support the Company's underwriting.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HAMPDEN LEGAL PLC | Corporate Secretary | 2022-09-05 | — | — |
| TAMMENMAA, Oskari | Director | 2023-04-14 | May 1980 | Finnish |
| TOTTMAN, Mark John | Director | 2023-07-31 | Jun 1964 | British |
| NOMINA PLC | Corporate Director | 2022-09-05 | — | — |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| EVANS, Jeremy Richard Holt | Director | 2022-09-05 | 2023-07-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Independent Share Trustees (No.2) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-03-21 | Active |
| Nomina Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-09-05 | Ceased 2023-03-21 |
Filing timeline
Last 18 of 18 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-04 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-31 | CH01 | officers | Change person director company with change date | |
| 2025-10-31 | CH01 | officers | Change person director company with change date | |
| 2025-09-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-11 | AA | accounts | Accounts with accounts type full | |
| 2024-10-05 | AA | accounts | Accounts with accounts type full | |
| 2024-09-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-30 | AAMD | accounts | Accounts amended with accounts type dormant | |
| 2023-09-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-31 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-12 | AA | accounts | Accounts with accounts type full | |
| 2023-04-14 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-24 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-03-24 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-02-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-12-20 | AA01 | accounts | Change account reference date company current shortened | |
| 2022-09-05 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
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
-
Gross written premiums
+164.5%
£65,051,729 £172,084,569
-
Net earned premiums
+446.8%
£20,233,609 £110,644,650
-
Profit before tax
+814.4%
£408,261 £3,733,013
-
Equity
+4,124,904%
£100 £4,125,004
-
Claims incurred
+1,005.4%
£9,272,203 £102,495,422
-
Insurance contract liabilities
+481.7%
£21,418,853 £124,598,257
-
Investment return
+250.7%
£473,510 £1,660,704
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