AMBAC ASSURANCE UK LIMITED
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-10-04 (in 5mo)
Last made up 2025-09-20
Watchouts
Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
9
0% vs 2024
Profit before tax
£48M
-15.4% vs 2024
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.
Profit before tax
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Gross written premiums | £7,916,000 | £7,538,000 | |
| Net earned premiums | £18,056,000 | £19,722,000 | |
| Claims incurred | £6,964,000 | £815,000 | |
| Investment return | £30,188,000 | £25,565,000 | |
| Profit before tax | £56,324,000 | £47,626,000 | |
| Net profit | £42,467,000 | £36,086,000 | |
| Insurance contract liabilities | £124,778,000 | £112,543,000 | |
| Total assets | £681,097,000 | £705,326,000 | |
| Total liabilities | £149,684,000 | £137,827,000 | |
| Equity | £531,413,000 | £567,499,000 | |
| Average employees | 9 | 9 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Gross written premiums
-4.8%
£7,916,000 £7,538,000
-
Net earned premiums
+9.2%
£18,056,000 £19,722,000
-
Profit before tax
-15.4%
£56,324,000 £47,626,000
-
Equity
+6.8%
£531,413,000 £567,499,000
-
Claims incurred
-88.3%
£6,964,000 £815,000
-
Insurance contract liabilities
-9.8%
£124,778,000 £112,543,000
-
Investment return
-15.3%
£30,188,000 £25,565,000
-
Employees
0%
9 9
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Name history
Renamed 3 times since incorporation
- AMBAC ASSURANCE UK LIMITED 1999-02-08 → present
- AMBAC INSURANCE UK LIMITED 1997-01-27 → 1999-02-08
- AMBAC INDEMNITY UK LIMITED 1996-10-11 → 1997-01-27
- HACKREMCO (NO.1172) LIMITED 1996-09-11 → 1996-10-11
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the directors are satisfied that the Company has adequate resources to meet the day-to-day operational needs of the business for at least a year from the date of approval of the financial statements and that the Company's claims paying resources are sufficient to satisfy projected claims as they fall due within this same period. Accordingly, the Company has adopted and continues to consider appropriate the going concern basis in preparing the Annual Report and Financial Statements.”
Significant events
- “On 29 September 2025, following receipt of regulatory and shareholder approvals, AFG sold all of the issued and outstanding shares of common stock of AAC to American Acorn Corporation ("American Acorn"), a Delaware corporation controlled by Fund XII. The ultimate controlling entity changed from Ambac Financial Group, Inc. to Oaktree Opportunities Fund XII GP, L.P.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARRANCO, David Peter | Director | 2011-09-09 | Mar 1970 | American |
| BOYLE, Hugh John | Director | 2018-11-28 | Aug 1971 | Irish |
| DEE, Alan Trond | Director | 2020-03-31 | Aug 1968 | British |
| FALL, William Moray Newton | Director | 2017-03-01 | Apr 1957 | British |
| LOOMES, Ben Robert | Director | 2019-12-02 | Mar 1977 | British |
| ROZOV, Yadin | Director | 2025-09-29 | Dec 1977 | American |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LARWOOD, David Ronald | Secretary | 1996-11-18 | 2005-09-20 |
| SANCHEZ, Miguel Antonio | Secretary | 2010-05-28 | 2026-04-05 |
| TIFFT, John Drapeau | Secretary | 2005-09-20 | 2010-05-28 |
| HACKWOOD SECRETARIES LIMITED | Corporate Nominee Secretary | 1996-09-11 | 1996-11-18 |
| ADAMS, Diana Newman | Director | 2008-09-23 | 2011-09-08 |
| BOYLE, Hugh John | Director | 2018-12-12 | 2018-12-14 |
| DAVIES, Kenneth Harold | Director | 2009-06-17 | 2019-03-28 |
| DIXON, Ian Marcus | Director | 2005-09-20 | 2010-05-28 |
| DONOVAN, Robert Gerard | Director | 2008-12-09 | 2010-08-13 |
| EISMAN, Robert Bryan | Director | 2010-08-13 | 2015-09-24 |
| GENADER, Robert John | Director | 1996-11-18 | 2008-01-16 |
| KUYK, Andrew Lucas | Director | 2009-12-04 | 2010-08-13 |
| LARWOOD, David Ronald | Director | 1996-12-11 | 2009-12-10 |
| LOWE, Anthony Stephen | Director | 2008-03-11 | 2011-03-23 |
| MATANLE, Cathleen Jean | Director | 2008-10-17 | 2009-12-04 |
| MCMAHON, Anthony James | Director | 2011-03-25 | 2020-03-31 |
| POILLON, Peter Russell | Director | 2009-09-23 | 2010-08-13 |
| RENFIELD-MILLER, Douglas Carrington | Director | 2005-04-11 | 2009-09-23 |
| ROBERTS, Martin | Director | 1996-11-18 | 2007-12-11 |
| SCOTT, Jonathan | Director | 2007-06-19 | 2017-05-11 |
| TIFFT, John Drapeau | Director | 2010-05-28 | 2020-03-31 |
| TIFFT, John Drapeau | Director | 2005-09-20 | 2006-03-22 |
| TRICK, David | Director | 2015-09-23 | 2025-09-29 |
| UHLEIN III, John Wyatt | Director | 1996-11-18 | 2008-08-23 |
| WALLIS, David William | Director | 1996-12-11 | 2008-10-17 |
| HACKWOOD DIRECTORS LIMITED | Corporate Nominee Director | 1996-09-11 | 1996-11-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ambac Financial Group, Inc. ("Afg") | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2025-09-29 |
Filing timeline
Last 20 of 209 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-04-14 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-20 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-04-14 | AA | accounts | Accounts with accounts type full | |
| 2025-10-28 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-10-28 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2025-10-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-21 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-10-17 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2025-10-03 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-10-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-10-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-14 | AA | accounts | Accounts with accounts type full | |
| 2024-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-03 | CH01 | officers | Change person director company with change date | |
| 2024-07-29 | AA | accounts | Accounts with accounts type full | |
| 2024-03-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-19 | AA | accounts | Accounts with accounts type full | |
| 2023-09-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-04-14 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.