MUNICH RE SPECIALTY INSURANCE (UK) LIMITED
Get an alert when MUNICH RE SPECIALTY INSURANCE (UK) LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£18m
+15.2% highest in 3 filed years
Net assets
£7.1m
+68.4% highest in 3 filed years
Employees
94
-8.7% lowest in 3 filed years
Profit before tax
£3.8m
+206.9% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs 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 | £19,561,318 | £19,643,639 | £16,561,883 | -15.7% | |
| Operating profit | -£5,621,450 | -£5,543,636 | -£5,456,011 | +1.6% | |
| Profit before tax | -£5,670,925 | -£3,599,328 | £3,847,072 | +206.9% | |
| Net profit | -£4,391,671 | -£2,744,354 | £2,879,893 | +204.9% | |
| Cash | £13,864,377 | £15,191,589 | £17,501,968 | +15.2% | |
| Total assets less current liabilities | £3,819,152 | £5,499,866 | £8,386,849 | +52.5% | |
| Net assets | £2,452,516 | £4,208,162 | £7,088,055 | +68.4% | |
| Equity | £2,452,516 | £4,208,162 | £7,088,055 | +68.4% | |
| Average employees | 103 | 103 | 94 | -8.7% | |
| Wages | £10,109,520 | £11,805,325 | £10,754,597 | -8.9% | |
| Directors' remuneration | £1,059,000 | £1,550,000 | £1,619,000 | +4.5% | |
| Directors' pension contributions | £18,000 | £37,000 | £56,000 | +51.4% | |
| Highest paid director | £368,000 | £497,000 | £429,000 | -13.7% |
Values shown as filed in the company's annual accounts. — 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 | -28.7% | -28.2% | -32.9% | |
| Net margin | -22.5% | -14.0% | 17.4% | |
| Return on capital employed | -147.2% | -100.8% | -65.1% | |
| Gearing (liabilities / total assets) | 88.1% | 80.6% | 69.4% | |
| Current ratio | 1.22x | 1.33x | 1.56x | |
| Interest cover | — | -99.54x | — |
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 4 times since incorporation
- MUNICH RE SPECIALTY INSURANCE (UK) LIMITED 2021-12-29 → present
- NMU (SPECIALTY) LTD 2018-03-07 → 2021-12-29
- NORTHERN MARINE UNDERWRITERS LIMITED 1982-08-26 → 2018-03-07
- NAIRNE, BAVIN & CO. LIMITED 1976-12-31 → 1982-08-26
- ALBISTAN LIMITED 1976-06-11 → 1976-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On the basis of this financial position and the liquidity of its assets, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, being at least 12 months from the date of the approval of the financial statements. The directors continue to adopt the going concern basis in preparing the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 42 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ZAREMBA, Constance | Secretary | 2023-07-28 | — | — |
| ATKINSON, Neil Gordon | Director | 2025-06-09 | Dec 1974 | British |
| CHAMPION, Danielle Lucy | Director | 2023-11-07 | Aug 1978 | British |
| HALIL, Mehmet | Director | 2025-06-09 | Feb 1984 | British |
| NAUJOKS, Marcel Bruno, Dr | Director | 2023-09-08 | Oct 1979 | German |
| SINCLAIR, Silvi Wompa | Director | 2024-09-23 | Dec 1978 | Swedish |
| SMITH, Guy Alan | Director | 2024-09-05 | Feb 1975 | British |
Show 42 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DICKINSON, Patricia | Secretary | 1994-09-01 | 2016-03-15 |
| FAIRBAIRN, Lisa Michelle | Secretary | 2018-05-11 | 2023-07-28 |
| LIMB, Nicholas | Secretary | 2016-03-15 | 2018-05-11 |
| PALLOT, Hugh Glenn (Resigned 22/2/91) | Secretary | — | 1991-02-22 |
| SHEEHY, John Gerrard Joseph | Secretary | 1992-04-11 | 1994-08-31 |
| ARTMANN, Thomas Eduard | Director | 2015-11-16 | 2025-12-31 |
| ATTWOOD, Rhonda Joanne | Director | 2021-10-06 | 2023-07-14 |
| BALL, Colin Stephen | Director | 1999-03-08 | 2017-10-01 |
| BAVIN, Alan Richard | Director | — | 1991-02-22 |
| BURDIN, John George | Director | — | 1996-08-30 |
| BURGESS, Charles Anthony Edward | Director | 2023-07-01 | 2023-09-18 |
| BURGESS, Charles Anthony Edward | Director | 2016-11-17 | 2022-12-31 |
| CABRERA, Elizabeth | Director | 2025-01-21 | 2025-10-10 |
| CLINTON, Mark | Director | 2022-01-05 | 2025-02-24 |
| COSKUN, Timur | Director | 2003-03-06 | 2024-12-31 |
| DOBBY, Leslie Neil | Director | — | 2016-01-01 |
| FLAXMAN, Hannah Jane | Director | 2023-03-30 | 2025-05-19 |
| FROST (RESIGNED 22/2/91), Anthony William | Director | — | 1991-02-22 |
| GRANDE, Roderic William Ricardo | Director | 1999-03-08 | 2015-06-04 |
| GUELFAND, Greg | Director | 2017-09-25 | 2021-03-25 |
| HILL, Gareth Kim | Director | 2023-07-14 | 2025-06-08 |
| HISCOE, Paul David | Director | 2023-06-01 | 2025-03-31 |
| HISCOE, Paul David | Director | 2016-01-01 | 2021-12-31 |
| HOARE, Dominick James Rolls | Director | 2022-01-05 | 2024-09-05 |
| HOARE, Dominick James Rolls | Director | 2015-11-18 | 2017-09-25 |
| LAY, Alexander Stephan | Director | 2022-02-24 | 2022-06-30 |
| LECKIE, John Gordon | Director | 2023-06-01 | 2024-11-13 |
| LIMB, Nicholas | Director | 2016-01-01 | 2020-12-31 |
| MANN, Edward William (Resigned 31/12/90) | Director | — | 1990-12-31 |
| MCADAMS, Robert | Director | 2022-01-05 | 2024-09-05 |
| MCCLEAN, Duncan Thomas | Director | 2016-01-01 | 2021-12-31 |
| NAUJOKS, Marcel Bruno, Dr | Director | 2021-05-01 | 2021-12-31 |
| O'DWYER, Anthony Aidan | Director | 2017-09-25 | 2022-01-11 |
| OSMAN, Levent Atay | Director | 2022-04-04 | 2025-11-06 |
| PERFECT, David Antony | Director | 2000-06-02 | 2023-07-04 |
| RIORDAN, Eamonn Patrick | Director | 2015-11-13 | 2017-09-25 |
| RIORDAN, Eamonn Patrick | Director | 2000-06-02 | 2002-08-16 |
| SAH, Gaurav | Director | 2025-03-31 | 2026-03-31 |
| SHEEHY, John Gerrard Joseph | Director | — | 2015-09-04 |
| SIMSON, Christopher | Director | 2020-06-17 | 2023-08-01 |
| WATKINS, Mark Christopher | Director | 1999-03-08 | 2016-04-21 |
| WILKINSON, John Curt | Director | 2015-11-17 | 2017-09-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Munich Re Specialty Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-06-05 | Active |
| Mr Charles Anthony Edward Burgess | Individual | Significant influence | 2017-11-16 | Ceased 2019-06-05 |
| Mr John Curt Wilkinson | Individual | Significant influence | 2016-09-01 | Ceased 2017-09-25 |
Filing timeline
Last 20 of 246 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-05 | AA | accounts | Accounts with accounts type full | |
| 2026-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-16 | AA | accounts | Accounts with accounts type full | |
| 2025-06-20 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-18 | SH01 | capital | Capital allotment shares | |
| 2024-11-14 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-07 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 4
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.