AGEAS RETAIL LIMITED
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Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
471
+236.4% highest in 3 filed years
Profit before tax
-£1.5m
-122.8% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 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 | £75,566,000 | £78,405,000 | £67,443,000 | -14% | |
| Operating profit | £12,541,000 | £108,780,000 | £2,233,000 | -97.9% | |
| Profit before tax | £8,443,000 | £6,618,000 | -£1,506,000 | -122.8% | |
| Net profit | £6,490,000 | £5,027,000 | -£1,199,000 | -123.9% | |
| Cash | £26,626,000 | £13,961,000 | — | — | |
| Total assets less current liabilities | — | — | — | — | |
| Net assets | £38,901,000 | £29,428,000 | — | — | |
| Equity | £38,901,000 | £29,428,000 | — | — | |
| Average employees | 180 | 140 | 471 | +236.4% | |
| Wages | £22,064,000 | £4,102,000 | £7,925,000 | +93.2% | |
| Directors' remuneration | £627,000 | £741,000 | £814,000 | +9.9% | |
| Directors' pension contributions | £34,000 | £2,000 | — | — | |
| Highest paid director | £286,000 | £306,000 | £333,000 | +8.8% |
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 | 16.6% | 138.7% | 3.3% | |
| Net margin | 8.6% | 6.4% | -1.8% | |
| Gearing (liabilities / total assets) | 74.0% | 78.2% | — | |
| Current ratio | 3.91x | 1.24x | — | |
| Interest cover | 2.57x | 21.26x | 0.51x |
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 9 times since incorporation
- AGEAS RETAIL LIMITED 2014-07-25 → present
- AGEAS 50 LIMITED 2012-11-30 → 2014-07-25
- AGEAS 50 PLC 2012-11-30 → 2012-11-30
- RIAS PLC 2012-11-30 → 2012-11-30
- RIAS PLC. 2004-04-08 → 2012-11-30
- INSURANCE ADVISORY SERVICES PLC 1997-06-19 → 2004-04-08
- ASPEN INSURANCE SERVICES PUBLIC LIMITED COMPANY 1995-06-30 → 1997-06-19
- ASPEN INSURANCE BROKERS LIMITED 1990-02-16 → 1995-06-30
- INTERMARK INSURANCE BROKERS LIMITED 1980-12-31 → 1990-02-16
- ORALPLAN LIMITED 1977-08-10 → 1980-12-31
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the directors have concluded that the Company has sufficient resources to continue in operation for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “Following the acquisition of esure by Ageas (UK) Limited on 29 September 2025 and the decision to migrate the Ageas Company's core software platform to esure's system, the Company ceased development of its own core digital insurance platform.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
13 active · 48 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MARSH, Claire Catherine | Secretary | 2019-11-01 | — | — |
| ANDREWS, Annette Catherine | Director | 2026-05-08 | Oct 1967 | British |
| COUMANS, Ben | Director | 2024-07-09 | Apr 1976 | Belgian |
| CUYPER, Hans De | Director | 2021-05-04 | Feb 1969 | Belgian |
| DE SMET, Bart Karel August | Director | 2021-05-04 | Oct 1957 | Belgian |
| HAYNES, Jeremy William | Director | 2019-03-22 | May 1966 | British |
| JACKSON, Richard David | Director | 2021-07-15 | Mar 1956 | British |
| MIDDLE, Anthony Edward | Director | 2015-03-04 | Jan 1970 | British |
| MUSTOE, Jane Emma | Director | 2026-08-10 | Nov 1973 | British |
| PLATT, Alison Elizabeth | Director | 2022-06-01 | Feb 1962 | British |
| SMITH, Alistair Meyrick | Director | 2026-04-15 | Jul 1986 | British,French |
| TURNER, Stuart James | Director | 2026-08-10 | May 1969 | British |
| WAITE, Tara Jane | Director | 2019-03-11 | Feb 1975 | Irish |
Show 48 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCRAE, Andrew James | Secretary | 1993-01-01 | 1995-07-01 |
| ROGERS, Mark Andrew | Secretary | 1995-07-01 | 1997-03-24 |
| SMITH, Rosemary Anne | Secretary | 1997-03-24 | 2019-11-01 |
| WORGAN, Neil Forester | Secretary | — | 1992-12-31 |
| BALL, Gregor Frank | Director | 2014-05-27 | 2023-03-31 |
| BANWELL, Jason David | Director | 2015-03-12 | 2016-07-25 |
| BOARDMAN, Jeremy Ivan | Director | — | 1991-09-18 |
| BOISSEAU, Francois-Xavier Bernard | Director | 2016-09-21 | 2017-08-31 |
| BOIZARD, Christophe Alexandre Henri | Director | 2016-10-11 | 2017-08-04 |
| BOYES, Andrew Charles | Director | 2004-06-09 | 2006-02-17 |
| BRIGHT, Robert Stewart | Director | 2006-02-14 | 2014-07-22 |
| CANO, Antonio | Director | 2016-10-11 | 2024-07-09 |
| CLIFF, Mark | Director | 2013-02-05 | 2015-04-29 |
| COLLINS, James William | Director | 2011-04-27 | 2015-04-20 |
| CONNOR, Janet | Director | 2006-02-02 | 2011-12-31 |
| CORFIELD, Peter James | Director | 2012-02-02 | 2015-10-01 |
| CRANSTON, Michael Harry, Dr | Director | 1997-10-10 | 2005-04-30 |
| DYSON, Fernley Keith | Director | 2012-10-23 | 2018-12-31 |
| FRIEND, Peter Richard Henry | Director | 2011-03-02 | 2015-02-02 |
| FURSE, James Richard John | Director | 2014-10-17 | 2018-12-31 |
| HARVEY, Julian Robert Mark | Director | 2004-07-20 | 2012-12-31 |
| HOLDEN, David Anthony | Director | — | 2003-01-10 |
| HOWE, Sarah Anne | Director | 2009-10-21 | 2012-07-23 |
| HOWE, Sarah Anne | Director | 2009-10-21 | 2009-10-21 |
| INSTON, Emma Jane, Me | Director | 2003-08-20 | 2005-06-17 |
| KUIPER, Jan Willem Hendrik | Director | 2005-08-05 | 2009-09-30 |
| LEMANS, Nicholas James | Director | 2006-07-13 | 2016-07-25 |
| LERWAY, Nicholas Andrew | Director | 2002-02-04 | 2003-02-20 |
| LLOYD, Christopher | Director | 1997-10-10 | 2000-05-26 |
| MARCHINGTON, Andrew Philip | Director | 2003-01-21 | 2005-10-13 |
| MAVES, George | Director | — | 1991-09-18 |
| MCCAIG, Malcolm Graham | Director | 2017-10-19 | 2025-11-07 |
| MEAKIN, Henry Paul John | Director | 1996-12-01 | 1997-03-24 |
| NAIDU, Nerissa | Director | 2023-03-31 | 2026-03-31 |
| PERL, Lionel | Director | 2017-09-28 | 2021-05-19 |
| PRICE, Jonathan Stewart | Director | 2019-05-10 | 2026-04-15 |
| ROBINSON, Peter Norman Osmond | Director | 1997-03-24 | 1998-05-15 |
| SHARPE, Robert | Director | 2008-04-21 | 2008-10-13 |
| SHAW, Oliver Daniel | Director | 2003-08-20 | 2009-02-06 |
| SHERESTON, Barry Gilbert | Director | 2002-02-01 | 2004-04-19 |
| SIMMONS, David | Director | — | 1993-01-01 |
| SMITH, Barry Duncan | Director | 2001-12-20 | 2013-03-31 |
| SPRIGGS, Darren Stephen | Director | 2009-05-01 | 2011-02-11 |
| URMSTON, Michael Norris | Director | 2016-07-25 | 2017-08-31 |
| WATSON, Andrew Stuart | Director | 2010-04-22 | 2020-06-17 |
| WATSON, David Kenneth | Director | 2016-12-21 | 2017-10-19 |
| WINLOW, Mark | Director | 2016-07-25 | 2022-09-30 |
| WORGAN, Neil Forester | Director | — | 1996-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ageas (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 281 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-03 | AA | accounts | Accounts with accounts type full | |
| 2026-08-21 | AP01 | officers | Appoint person director company with name date | |
| 2026-08-17 | AP01 | officers | Appoint person director company with name date | |
| 2026-06-27 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-05-20 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-22 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-16 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-22 | AA | accounts | Accounts with accounts type full | |
| 2024-10-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-28 | AA | accounts | Accounts with accounts type full | |
| 2024-07-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-11 | CH01 | officers | Change person director company with change date | |
| 2023-11-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-30 | AA | accounts | Accounts with accounts type full | |
| 2023-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-03 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 3
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.