EULER HERMES SERVICES UK LIMITED

• ◆

  6 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

• Turnover

  +1.1%

  £68,042,000 → £68,778,000

• Cash

  -11.9%

  £23,389,000 → £20,600,000

• Net assets

  +47.4%

  -£11,774,000 → -£6,199,000

• Employees

  -1.9%

  321 → 315

• Operating profit

  +31.6%

  £5,949,000 → £7,829,000

• Profit before tax

  +33%

  £4,886,000 → £6,499,000

• Wages

  +3.4%

  £31,402,000 → £32,458,000

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

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.

1. EULER HERMES SERVICES UK LIMITED 2011-12-23 → present
2. EULER HERMES MANAGEMENT UK LIMITED 2007-11-28 → 2011-12-23
3. EULER UK GROUP SERVICES LIMITED 1997-09-24 → 2007-11-28
4. EDENGREEN LIMITED 1997-05-27 → 1997-09-24

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis because they fully intend the Company to continue to trade in its current manner for the foreseeable future. The Company is expected to continue to generate positive cash flow from its operating activities and is able to realise its assets and discharge its liabilities in the normal course of business.”

Significant events

• “The key risk of the performance of the scheme assets is now mitigated by the Buy In agreement signed in December 2023 with Just Insurance Limited.”
• “a new core trade credit insurance product which was launched in 2024. ... A new product named grade check has been launched in 2025...”
• “Euler Hermes has been fully a part of the Allianz group since 2018. On 28 March, 2022, the Company took a natural, and significant step, and re-branded to the name of Allianz Trade.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

6

last 12 months

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