LANCASHIRE SYNDICATES LIMITED
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Cash
£14m
USD 18,835,000
+305% highest in 3 filed years
Net assets
£34m
USD 45,702,000
+19.1% highest in 3 filed years
Employees
—
Average over period
Profit before tax
£9.7m
USD 13,100,000
-37.3% vs 2024
Net assets
3-year trend · vs Financials median
LANCASHIRE SYNDICATES LIMITED·Financials median
LANCASHIRE SYNDICATES LIMITED·Financials median
LANCASHIRE SYNDICATES LIMITED·Financials median
LANCASHIRE SYNDICATES LIMITED·Financials median
LANCASHIRE SYNDICATES LIMITED·Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £6,000,157 | £20,600,127 | £15,829,314 | -23.2% | |
| Operating profit | £1,616,724 | £15,609,678 | £9,490,909 | -39.2% | |
| Profit before tax | £1,812,049 | £15,502,229 | £9,721,707 | -37.3% | |
| Net profit | £1,288,045 | £11,721,585 | £7,353,618 | -37.3% | |
| Cash | £11,156,260 | £3,451,130 | £13,977,737 | +305% | |
| Total assets less current liabilities | — | £28,488,539 | £34,548,423 | +21.3% | |
| Net assets | — | £28,488,539 | £33,916,141 | +19.1% | |
| Equity | £16,524,945 | £28,488,539 | £33,916,141 | +19.1% | |
| Average employees | 8 | 8 | — | — | |
| Wages | £696,580 | £686,883 | — | — | |
| Directors' remuneration | — | — | £5,038,961 | — | |
| Directors' pension contributions | £227,487 | £201,369 | £159,555 | -20.8% | |
| Highest paid director | £1,147,631 | £1,122,254 | £1,374,397 | +22.5% |
Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 26.9% | 75.8% | 60.0% | |
| Net margin | 21.5% | 56.9% | 46.5% | |
| Return on capital employed | — | 54.8% | 27.5% | |
| Gearing (liabilities / total assets) | — | 25.0% | 17.1% | |
| Current ratio | — | 4.00x | 5.36x | |
| Interest cover | 21.93x | — | — |
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.
Name history
Renamed 6 times since incorporation
- LANCASHIRE SYNDICATES LIMITED 2019-12-23 → present
- CATHEDRAL UNDERWRITING LIMITED 2000-12-21 → 2019-12-23
- MMO UNDERWRITING AGENCY LIMITED 1998-01-28 → 2000-12-21
- HIGHGATE MANAGING AGENCIES LTD 1994-08-26 → 1998-01-28
- LONDON WALL MANAGING AGENCIES LIMITED 1989-10-19 → 1994-08-26
- WARREN BARBER UNDERWRITING AGENCIES LIMITED 1987-07-12 → 1989-10-19
- SISSON & PARKER LIMITED 1934-09-14 → 1987-07-12
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the going concern assessment performed as at 31 December 2025, the Directors consider there to be no material uncertainties that may cast significant doubt over the Company's ability to continue as a going concern.”
Significant events
- “On 26 June 2025, CCL 1998 made a formal offer of 62p in cash for each £1 of capacity to all other members of Syndicate 2010. CCL 1998 has therefore secured 100% of the allocated capacity on the 2026 underwriting year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
13 active · 68 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KELLY, Paul | Secretary | 2023-08-01 | — | — |
| CASS, Bradley | Director | 2023-08-01 | Feb 1973 | British |
| CHURCHILL, Samantha Jane | Director | 2023-06-30 | Jul 1976 | British |
| DAVENPORT, Nicholas Peter | Director | 2016-06-23 | Aug 1950 | British |
| JOSEPH, Bryan | Director | 2023-08-01 | Aug 1959 | British,Trinidadian |
| MARTIN, Paul | Director | 2017-10-13 | Sep 1964 | British |
| MILNER, Robin David | Director | 2019-10-28 | Apr 1976 | British |
| ROBINSON, Hayley | Director | 2026-09-01 | Feb 1962 | British |
| SABBARTON, Rachel Louise | Director | 2026-02-11 | Apr 1984 | British |
| SCHOFIELD, Belinda Anne | Director | 2023-01-03 | Jun 1956 | British |
| THOMAS, Matthew | Director | 2025-04-01 | Nov 1980 | British |
| TURNER, Kelly | Director | 2023-01-03 | Sep 1982 | British |
| WHITTLE, Christopher John | Director | 2018-04-04 | Jun 1967 | British |
Show 68 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LYNCH, John Anthony | Secretary | 2000-11-09 | 2016-03-31 |
| LYNN-WILLIAMS, Eva Marjorie | Secretary | 2018-02-14 | 2023-07-31 |
| MOREY, Philip David | Secretary | 1997-08-20 | 2000-11-09 |
| STOVOLD, Tony | Secretary | 1999-07-01 | 2000-11-09 |
| TABSCOTT, Mitchell Lawrence Edward Dowlen | Secretary | 1993-02-10 | 1994-05-12 |
| TOWNSEND, Lesley Jane | Secretary | 2016-04-01 | 2017-09-22 |
| TRILLO, David John | Secretary | 1996-03-27 | 1997-07-31 |
| VINCENT, Paul | Secretary | 1994-05-12 | 1996-03-27 |
| WILSON, Colin Andrew | Secretary | — | 1993-02-10 |
| WOOLLEY, Emma Louise | Secretary | 2017-09-22 | 2018-02-14 |
| CLYDE SECRETARIES LIMITED | Corporate Secretary | 1998-01-22 | 1999-07-14 |
| ADAMS, Stephen Henry Arthur | Director | — | 1994-10-31 |
| ALBON, Philip Ian | Director | — | 1994-07-01 |
| ANDREWS, John Michael Geoffrey | Director | 2000-12-31 | 2013-12-31 |
| BAILEY, Robert Wayne | Director | 1999-09-09 | 2000-11-09 |
| BARNES, Jonathan Mark | Director | 2017-03-08 | 2024-04-01 |
| BEARDON, Adam Clive | Director | 2017-02-20 | 2023-01-03 |
| BLACKMAN, John Nicholas | Director | 1997-12-29 | 1998-10-05 |
| BLACKMAN, Mark Willis | Director | 1997-12-29 | 1998-10-05 |
| BRAND, Stephen James | Director | 1994-11-04 | 1997-07-31 |
| DAWE, Philip Thomas | Director | 2019-08-19 | 2023-06-30 |
| FRASER, Simon William David | Director | 2016-02-29 | 2023-05-18 |
| GIBBINS, Lance John | Director | 2016-06-23 | 2025-02-12 |
| GOLDSMITH, John Stanley | Director | 2008-01-10 | 2011-09-30 |
| GORDON, Brian Charles | Director | — | 1994-05-12 |
| GRAINGER, Derek Charles | Director | 2000-12-31 | 2017-01-08 |
| HAMBLIN, John Charles | Director | 2001-11-30 | 2016-04-12 |
| HAYDAY, Terence John, Mr. | Director | 1994-12-14 | 1996-10-28 |
| HOLDER, Lawrence Albert | Director | 2000-11-09 | 2016-07-31 |
| HOLT, Nicholas | Director | 1994-05-12 | 1997-07-31 |
| HUNTER, Charles Rupert | Director | — | 1993-05-10 |
| JESSEL, Richard James | Director | — | 1993-12-31 |
| JOHNSEN, Richard | Director | 1993-03-23 | 1994-06-08 |
| KELLETT, Bryan Philip David | Director | 1998-01-23 | 2000-09-21 |
| KESHANI, Sameer | Director | 2018-05-21 | 2019-06-10 |
| LAMBERT, James Aloysius | Director | 1997-12-29 | 1999-06-10 |
| LYNCH, John Anthony | Director | 2000-11-09 | 2016-03-31 |
| MADDEN, Marion Anne | Director | 2016-11-23 | 2017-07-10 |
| MALONEY, Alexander Terence | Director | 2014-01-07 | 2019-02-13 |
| MANNING, Michael Peter | Director | — | 1997-07-31 |
| MARTIN, Terence Leonard | Director | 1996-10-28 | 1997-02-13 |
| MCKEE, William Andrew | Director | 2017-09-12 | 2019-01-31 |
| MINNS, Anthony Stirling | Director | 2011-05-03 | 2017-02-28 |
| MOIR, John Alexander Wilson | Director | — | 1993-03-19 |
| MOREY, Philip David | Director | — | 2001-01-23 |
| MORTON, Ian Michael | Director | — | 1994-10-07 |
| OAKES, Robin Geoffrey | Director | 2012-12-01 | 2016-08-31 |
| PALMER, Graham Charles Francis | Director | 1998-01-23 | 2000-11-09 |
| PARRY, John David | Director | 1997-12-29 | 2000-11-09 |
| PARTON, John Alexandre | Director | 1998-01-23 | 2000-11-09 |
| PATRICK, Elvin Ensor | Director | 2000-11-09 | 2016-04-21 |
| ROME, Christopher William | Director | 1996-08-02 | 1996-12-04 |
| ROSSOR, Michael Keith | Director | 1996-10-28 | 1997-02-28 |
| SCALES, Peter David | Director | 2000-12-31 | 2016-03-31 |
| SOUTH, Anthony Ian Godfrey Charles | Director | 2000-12-31 | 2016-06-30 |
| SPENCE, John Denton | Director | 2017-02-20 | 2026-02-11 |
| STOVOLD, Tony | Director | 1998-01-23 | 2000-12-31 |
| STOVOLD, Tony | Director | 1995-01-01 | 1996-10-28 |
| SWANN, Bruce Walker | Director | 1995-03-15 | 1997-12-29 |
| TABSCOTT, Mitchell Lawrence Edward Dowlen | Director | 1993-03-23 | 1994-05-12 |
| TILLING, John Peter | Director | 2000-12-31 | 2017-05-18 |
| TOWNSEND, Peter James | Director | 1995-09-06 | 2000-11-09 |
| TRILLO, David John | Director | 1994-12-14 | 1997-07-31 |
| VERZIN, Heather Roberta Mckinlay | Director | 2016-08-25 | 2017-11-24 |
| VINCENT, Paul | Director | 1996-03-27 | 1997-02-13 |
| WARRENDER, Robin Hugh, The Hon | Director | — | 1994-05-12 |
| WILLIAMS, Richard Charles Peto | Director | 2016-06-14 | 2017-03-23 |
| WOOLLEY, Emma Louise | Director | 2017-02-20 | 2022-06-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cathedral Capital Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 327 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-11 | AP01 | officers | Appoint person director company with name date | |
| 2026-09-09 | AA | accounts | Accounts with accounts type full | |
| 2026-02-11 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-29 | AA | accounts | Accounts with accounts type full | |
| 2025-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-14 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-08 | AA | accounts | Accounts with accounts type full | |
| 2024-04-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-11 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-14 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-08-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-07-20 | AA | accounts | Accounts with accounts type full | |
| 2023-07-11 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-11 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-19 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
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.