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Cash

£2.5M

+15.8% highest in 3 filed years

Net assets

£2M

+7.2% highest in 3 filed years

Employees

Average over period

Profit before tax

£175K

+6.2% highest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £178,175£236,273£244,526 +3.5%
Operating profit £43,546£74,384
Profit before tax £130,106£164,789£174,980 +6.2%
Net profit £100,198£123,565£131,235 +6.2%
Cash £1,855,905£2,153,283£2,494,536 +15.8%
Total assets less current liabilities £1,828,366£1,959,601 +7.2%
Net assets £1,704,801£1,828,366£1,959,601 +7.2%
Equity £1,704,801£1,828,366£1,959,601 +7.2%
Average employees
Wages
Directors' remuneration £63,007£81,777£107,894 +31.9%

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 2023-12-312024-12-312025-12-31
Operating margin 24.4%31.5%
Net margin 56.2%52.3%53.7%
Return on capital employed 4.1%
Current ratio 6.16x4.66x

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 5 times since incorporation

  1. TRAVELERS SYNDICATE MANAGEMENT LIMITED 2008-02-01 → present
  2. ST. PAUL TRAVELERS SYNDICATE MANAGEMENT LIMITED 2004-10-29 → 2008-02-01
  3. ST. PAUL SYNDICATE MANAGEMENT LIMITED 2000-02-02 → 2004-10-29
  4. ST PAUL SYNDICATE MANAGEMENT LIMITED 1998-11-06 → 2000-02-02
  5. GRAVETT & TILLING SYNDICATE MANAGEMENT LIMITED 1996-06-24 → 1998-11-06
  6. MINMAR (336) LIMITED 1996-06-04 → 1996-06-24

Audit & accounting basis

Accounting basis
FRS 102 §1A
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Forvis Mazars LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

8 active · 60 resigned

Name Role Appointed Born Nationality
FOLEY, Jennifer Anne Secretary 2023-10-11
COUGHLAN, Anthony Gerrard Director 2014-11-04 Jun 1957 American
MCCONNELL, Peter Richard Director 2023-05-12 Jun 1978 British
MCKEE, William Andrew Director 2022-07-12 Sep 1964 Irish
OLIVO, Maria Director 2019-03-07 Jan 1965 American
SOMERVILLE, Gregory Dean Director 2022-04-26 Nov 1954 Canadian
WILSON, Matthew Liam Director 2015-06-05 Jan 1969 British
WOODS, Mary Margaret Director 2022-03-04 Jul 1961 American
Show 60 resigned officers
Name Role Appointed Resigned
ABRAMSON, John Matthew Secretary 2012-07-18 2022-09-30
DRIVER, Stuart Trevor Andrew Secretary 2012-02-21 2013-10-31
FIORE, Esterina Elena Secretary 2022-10-25 2023-10-11
GUNN, Alistair John Sinclair Secretary 2011-01-12 2012-06-28
HATHAWAY, Rodney Francis Secretary 1999-01-20 2005-03-11
JONES, Graham Keith Secretary 2005-03-17 2012-06-22
MASON, Kira Secretary 2005-03-17 2008-09-08
SIVA-JOTHY, Christine Sophie Theresa Secretary 1996-11-12 1998-08-25
VERNON, Michael David Lang Secretary 2005-08-17 2009-04-03
VERNON, Michael David Lang Secretary 1998-08-26 1999-01-20
CLYDE SECRETARIES LIMITED Corporate Secretary 1996-06-04 1996-11-12
ASHLEY, Martin Director 1999-01-20 2000-09-04
BOLTON, Anthony Hale Director 1999-01-20 2004-06-30
BURTON, Peter John Director 1996-06-21 2005-12-31
CARTER, John Gordon Thomas, Sir Director 2011-04-11 2022-03-31
CARVER, Richard Norman Director 1999-10-01 1999-12-31
CATT, Simon Nicholas Director 2006-11-13 2010-12-31
CHEESEMAN, Cyril Alfred Director 1996-06-21 1999-01-20
COLYER, Gordon Director 2000-11-21 2002-07-25
CONWAY, Gregory Wade Director 2011-04-11 2014-11-04
CORYN, Sally Jane Director 1999-06-15 2002-03-31
CUSITION, Paul Michael Director 2006-11-13 2010-12-31
DENDY, John Walter Director 2002-08-14 2007-04-01
DESHPANDE, Aneil Paul Director 2000-01-01 2002-06-30
DIBB, Gary Stewart Director 2011-04-11 2022-07-12
DILLEY, Anthony John Director 2004-07-28 2010-06-07
DUFFY, Christopher William Nominee Director 1996-06-04 1996-06-21
DYER, Martin Colin Director 2001-01-25 2002-07-25
ECCLES, Stephen Gordon Director 2006-11-13 2017-09-04
EDDY, Paul Howard Director 2011-04-11 2022-02-16
GENDEN, Sean Mitchell Director 2011-04-11 2019-07-09
GENT, Michael John Director 2003-07-30 2022-12-31
GRAVETT, Michael Anthony Director 2000-07-10 2004-06-30
GRAVETT, Michael Anthony Director 1996-06-21 1999-12-31
HUDSON, Martin Peter Director 2003-01-16 2009-09-30
HURST-BANNISTER, Barnabas John Director 2000-01-18 2011-06-30
JACKSON, Brian John Director 2000-01-01 2005-02-28
KAPUR, Sonny Director 2000-07-10 2009-10-08
MCKEAN, Graham John Director 2007-07-23 2019-07-09
MCPHERSON, Finlay James Edward Director 1999-06-28 2002-10-15
NEWTON, Matthew Fraser Director 2004-07-30 2011-04-18
PABST, Mark Lindell Director 1996-11-22 1999-12-31
PAGE, David William Nominee Director 1996-06-04 1996-06-21
PATRICK, Elvin Ensor Director 1996-06-21 1998-01-20
PITRON, Terence Owen Director 1996-06-21 1999-12-31
PRESTWICH, Alan Frank Director 2000-01-18 2003-01-31
PURVIS, Keith Thomas Director 2011-04-11 2015-06-30
REED, David Michael Director 2000-04-04 2002-12-17
SHASTRI, Krishna, Dr Director 2000-12-14 2001-07-31
SHAW, Alexander Matthew Wenham Director 1998-04-07 2002-10-12
SMITH, Kevin Christopher Director 2011-04-11 2022-03-31
SPANO, Steven Anthony Director 2003-03-04 2003-05-30
TILLING, John Peter Director 1996-06-21 1999-12-31
TOMKINS, Keith Richard Director 2002-02-11 2004-06-25
TWEEDIE, Justin Anthony Director 1999-01-20 1999-09-30
URNESS, Kent Douglas Director 2004-09-17 2006-11-20
VERNON, Michael David Lang Director 1996-07-21 2000-07-10
WASH, Justin Andrew Spencer Director 1999-01-20 1999-12-31
WILKINSON, Duncan James Director 1996-11-22 2002-01-28
WILLOUGHBY, Stuart Charles Director 2002-08-14 2003-12-19

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
The Travelers Companies, Inc. Corporate entity Shares 75–100%, Voting 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 241 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-11-06 RESOLUTIONS Resolution
  • 2023-11-06 MA Memorandum articles
Date Type Category Description
2026-06-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-06-01 AA accounts Accounts with accounts type full
2025-06-13 AA accounts Accounts with accounts type full
2025-06-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-02-14 CH01 officers Change person director company with change date PDF
2025-01-20 AD01 address Change registered office address company with date old address new address PDF
2024-06-06 AA accounts Accounts with accounts type full
2024-06-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-11-06 RESOLUTIONS resolution Resolution
2023-11-06 MA incorporation Memorandum articles
2023-10-13 AP03 officers Appoint person secretary company with name date PDF
2023-10-13 TM02 officers Termination secretary company with name termination date PDF
2023-09-20 AA accounts Accounts with accounts type full
2023-06-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-12 AP01 officers Appoint person director company with name date PDF
2023-01-09 TM01 officers Termination director company with name termination date PDF
2022-11-11 AP03 officers Appoint person secretary company with name date PDF
2022-10-13 TM02 officers Termination secretary company with name termination date PDF
2022-09-22 AA accounts Accounts with accounts type full
2022-07-15 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page