COBAC HOLDINGS LIMITED
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Cash
£10m
-2.9% vs 2025
Net assets
£3.1m
-2.2% vs 2025
Employees
112
-0.9% lowest in 3 filed years
Profit before tax
£468k
-55.5% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £16,507,569 | £18,141,511 | £19,008,111 | +4.8% | |
| Operating profit | £210,790 | £714,212 | £195,785 | -72.6% | |
| Profit before tax | £481,234 | £1,051,633 | £468,291 | -55.5% | |
| Net profit | £346,981 | £757,758 | £330,612 | -56.4% | |
| Cash | £9,657,805 | £10,629,097 | £10,324,873 | -2.9% | |
| Total assets less current liabilities | £2,917,397 | £3,279,062 | £3,163,968 | -3.5% | |
| Net assets | £2,818,692 | £3,176,450 | £3,107,062 | -2.2% | |
| Equity | £2,818,692 | £3,176,450 | £3,107,062 | -2.2% | |
| Average employees | 114 | 113 | 112 | -0.9% | |
| Wages | £6,774,947 | £7,113,073 | £7,488,451 | +5.3% | |
| Directors' remuneration | £916,848 | £1,068,893 | £1,114,541 | +4.3% | |
| Directors' pension contributions | £33,006 | £34,944 | £34,877 | -0.2% | |
| Highest paid director | £231,659 | £322,440 | £355,982 | +10.4% |
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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 1.3% | 3.9% | 1.0% | |
| Net margin | 2.1% | 4.2% | 1.7% | |
| Return on capital employed | 7.2% | 21.8% | 6.2% | |
| Gearing (liabilities / total assets) | 87.1% | 86.1% | 86.1% | |
| Current ratio | 1.12x | 1.14x | 1.14x | |
| Interest cover | — | — | 20.87x |
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 2 times since incorporation — the current trading name was adopted 2026-04-15
- COBAC HOLDINGS LIMITED 2026-04-15 → present
- BRIDGE BROKERS LIMITED 1996-11-25 → 2026-04-15
- LIGHTSTAND LIMITED 1995-02-24 → 1996-11-25
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Lopian Gross Barnett & Co
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group and parent company have adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting”
Group structure
- COBAC HOLDINGS LIMITED · parent
- Bridge Insurance Brokers London Limited 100%
- Bridge Insurance Brokers (Manchester) Limited 100%
- Bridge Insurance Brokers Limited 100%
Significant events
- “On April 15, 2026, the parent company sold its trading business as 100% share sale for an undisclosed sum. This transaction is classified as a non-adjusting post balance sheet event under FRS 102 Section 32.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BACKNER, Andre | Director | 2021-02-04 | Mar 1985 | British |
| BACKNER, Michael | Director | 1995-07-21 | Apr 1946 | British |
| COHEN, Alex | Director | 2021-02-17 | Jan 1989 | British |
| DAVIES, Gillian Rosemary | Director | 2026-05-15 | Mar 1960 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BACKNER, Michael | Secretary | 2008-01-17 | 2009-02-20 |
| BACKNER, Michael | Secretary | 1995-03-10 | 2007-12-17 |
| WEBSTER, Philip Michael | Secretary | 2007-12-17 | 2008-01-17 |
| WING, Clifford Donald | Secretary | 1995-02-24 | 1995-03-10 |
| COHEN, Gilbert Daniel | Director | 1995-03-10 | 2026-04-22 |
| BONUSWORTH LIMITED | Corporate Director | 1995-02-24 | 1995-03-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Alex Jaime Cohen | Individual | Shares 25–50%, Voting 25–50% | 2025-11-24 | Active |
| Mr Andre Charles Backner | Individual | Shares 25–50%, Voting 25–50% | 2025-11-21 | Active |
| Mr Gllbert Cohen | Individual | Significant influence | 2016-04-06 | Ceased 2026-06-26 |
| Mr Michael Backner | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 118 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-07-07 MA Memorandum articles
- 2026-07-07 RESOLUTIONS Resolution
- 2026-04-15 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-15 | AA | accounts | Accounts with accounts type group | |
| 2026-07-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-07-07 | SH08 | capital | Capital name of class of shares | |
| 2026-07-07 | MA | incorporation | Memorandum articles | |
| 2026-07-07 | RESOLUTIONS | resolution | Resolution | |
| 2026-06-29 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-05-15 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-15 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-15 | CERTNM | change-of-name | Certificate change of name company | |
| 2026-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-25 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-12-08 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-12-08 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-12-08 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-08 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-01 | AA | accounts | Accounts with accounts type group | |
| 2025-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-14 | AA | accounts | Accounts with accounts type group | |
| 2024-02-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-08 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 16
- Capital events
- 1
- Officers appointed
- 1
- 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.