NASCO FRANCE SAS

1. NASCO FRANCE SAS 2023-01-23 → present
2. NASCO FRANCE SAS (UK BRANCH) 2021-03-10 → 2023-01-23

Latest accounts filed cover 2023-12-31; financial figures currently reflect up to 2022-12-31.

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

Other

Reporting scope

Consolidated group

Auditor

QUEST CONSEILS SAS COLIN HENRIO Firm

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“When drawing up the annual accounts, it is the responsibility of the management to assess the company's ability to continue its operation, to present in these accounts, where applicable, the necessary information relating to the continuity of operation and to apply the going concern accounting convention, unless it is planned to liquidate the company or cease its activity.”

Group structure

1. NASCO FRANCE SAS · parent
   1. NASCO Saudi Arabia Insurance and Reinsurance Brokers 59.5% · Saudi Arabia · Reinsurance Brokers
   2. NASCO Arabia for Reinsurance Brokers 59.5% · Reinsurance Brokers
   3. NASCO Gulf Holding 100%
   4. NASCO Corporate Member Limited 100%
   5. NASCO Reinsurance Brokers (DIFC) 10% · DIFC · Reinsurance Brokers
   6. BANKERS Assurance SAL 12.5% · Assurance

Significant events

• “War in Ukraine: A geopolitical crisis has begun as part of the conflict between Ukraine and Russia. This crisis had no direct impact on the accounts closed on 31/12/2022. The performance, going concern and operations of the company, as of the date of this report, have not been significantly impacted by the foregoing. The evolution of the situation as well as its consequences on the financial situation and the results of the company continue to be closely monitored.”
• “Earthquake in Turkey: The earthquake in Turkey had no direct impact on the accounts closed on December 31, 2022. Neither the performance and going concern nor the operations of the Company, as of the date of this report, have been materially impacted by the foregoing.”

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

• Turnover

  -2.4%

  £36,401,208 → £35,543,246

• Cash

  +0.5%

  £101,807,228 → £102,308,190

• Net assets

  +5%

  £17,807,149 → £18,701,184

• Employees

  —

  Not reported

• Operating profit

  +188.3%

  -£2,259,096 → £1,994,774

• Profit before tax

  +6.7%

  £6,388,367 → £6,816,556

• Wages

  +17.1%

  £5,780,585 → £6,766,868

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

Heads up: a more recent set of accounts has been filed but isn't yet reflected here — the figures above are older than the company's latest filing.