MY POLICY LIMITED
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Cash
£329k
-36% lowest in 3 filed years
Net assets
-£2.1m
-585.4% lowest in 3 filed years
Employees
52
+8.3% vs 2024
Profit before tax
-£2.5m
-346.7% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Accounts not prepared on a going-concern basis
In March 2026, the company applied to remove its licence to operate as a broker. Consequently, the directors have determined that the going concern basis of preparation is not appropriate. The financial statements have been prepared on a break-up basis.
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
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 | £5,594,789 | £3,362,327 | £2,099,590 | -37.6% | |
| Operating profit | -£74,194 | -£603,665 | -£2,552,721 | -322.9% | |
| Profit before tax | -£43,927 | -£569,852 | -£2,545,519 | -346.7% | |
| Net profit | -£29,927 | -£558,791 | -£2,537,364 | -354.1% | |
| Cash | £2,210,835 | £514,083 | £328,827 | -36% | |
| Total assets less current liabilities | £4,976,600 | £1,159,390 | — | — | |
| Net assets | £992,242 | £433,451 | -£2,103,913 | -585.4% | |
| Equity | £992,242 | £433,451 | -£2,103,913 | -585.4% | |
| Average employees | 71 | 48 | 52 | +8.3% | |
| Wages | £1,745,367 | £1,280,628 | £1,890,198 | +47.6% | |
| Directors' remuneration | £68,234 | £156,250 | £568,800 | +264% | |
| Directors' pension contributions | £9,750 | £7,500 | £25,000 | +233.3% | |
| Highest paid director | £77,984 | £80,000 | £193,800 | +142.3% |
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 | -1.3% | -18.0% | -121.6% | |
| Net margin | -0.5% | -16.6% | -120.9% | |
| Return on capital employed | -1.5% | -52.1% | — | |
| Gearing (liabilities / total assets) | 87.5% | 84.3% | 194.8% | |
| Current ratio | 2.56x | 1.53x | 1.17x |
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 1 time since incorporation
- MY POLICY LIMITED 2010-01-27 → present
- MAHIS LIMITED 1995-02-08 → 2010-01-27
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton (NI) LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Not a going concern (break-up basis)
“In March 2026, the company applied to remove its licence to operate as a broker. Consequently, the directors have determined that the going concern basis of preparation is not appropriate. The financial statements have been prepared on a break-up basis.”
Significant events
- “After the year end, the decision was made to transfer the trade of the company to fellow subsidiary Acorn Insurance and Financial Services Limited, together with the assets and liabilities directly related to that trade.”
- “In March 2026, the company applied to remove its licence to operate as a broker. The remaining assets and liabilities are expected to be transferred in the next financial year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LLOYD, Michael Samuel | Director | 2025-10-09 | Feb 1978 | British |
| ACORN GROUP SERVICES LIMITED | Corporate Director | 2025-12-31 | — | — |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| POWELL, Margaret Josephine | Secretary | 1995-02-08 | 1998-07-15 |
| QUINN, Yvonne | Secretary | 1998-07-15 | 2017-01-18 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1995-02-08 | 1995-02-08 |
| ARKINSON, William Brendan | Director | 1995-02-08 | 1995-09-12 |
| BELLAMY, Anthony Edward | Director | 1996-09-25 | 1996-12-21 |
| MORE, Charles Edward | Director | 2023-02-09 | 2025-12-31 |
| POWELL, John Keith | Director | 1995-10-16 | 1996-09-25 |
| PUGAL, Paul Venay | Director | 2017-01-18 | 2018-02-28 |
| QUINN, Michael | Director | 2008-08-01 | 2017-01-18 |
| QUINN, Patrick James | Director | 2008-08-01 | 2025-12-31 |
| QUINN, Patrick | Director | 1997-04-30 | 2008-08-01 |
| RAJGURU, Nutan, Dr | Director | 2018-07-16 | 2019-12-30 |
| RAMSDEN, Roger Charles | Director | 2018-11-06 | 2020-02-27 |
| STRYDOM, Johan | Director | 2023-02-09 | 2025-12-31 |
| WHALLEY, Alan Keith | Director | 2020-07-08 | 2023-01-30 |
| WITHINGTON, Kevin Michael | Director | 2017-01-18 | 2022-08-31 |
| WOOD CBE, Gregory Mark | Director | 2016-07-14 | 2019-05-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Granite Underwriting Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-12-20 | Active |
| Project Policy Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors (as firm), Significant influence (as firm) | 2017-01-20 | Ceased 2024-12-20 |
Filing timeline
Last 20 of 125 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-05 | AA | accounts | Accounts with accounts type full | |
| 2026-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-12 | AP02 | officers | Appoint corporate director company with name date | |
| 2026-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-23 | CH01 | officers | Change person director company with change date | |
| 2025-09-19 | AA | accounts | Accounts with accounts type full | |
| 2025-02-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-01-02 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-12-30 | AA | accounts | Accounts with accounts type full | |
| 2024-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-10 | AA | accounts | Accounts with accounts type full | |
| 2023-02-09 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 2
- 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.