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Next accounts due

2027-04-30 (in 11mo)

Last filed for 2025-07-31

Confirmation statement due

2026-10-01 (in 5mo)

Last made up 2025-09-17

Watchouts

1 item

Cash

£5M

+63.7% vs 2024

Net assets

£4M

+7.6% vs 2024

Employees

476

+14.7% vs 2024

Profit before tax

£385K

+3.7% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2025-07-31

Metric Trend 2024-07-312025-07-31
Turnover £38,643,602£45,340,311
Operating profit £335,187£320,654
Profit before tax £371,211£384,957
Net profit £274,078£288,718
Cash £3,319,826£5,436,013
Total assets less current liabilities £3,799,482£4,088,200
Net assets £3,799,482£4,088,200
Equity £3,799,482£4,088,200
Average employees 415476
Wages £27,799,164£32,932,920
Directors' remuneration £6,178,666£1,374,130

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 2025-07-31 vs 2024-07-31

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-07-312025-07-31
Operating margin 0.9%0.7%
Net margin 0.7%0.6%
Return on capital employed 8.8%7.8%
Gearing (liabilities / total assets) 73.6%77.6%
Current ratio 1.34x1.27x

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

  1. F1RST ACTUARIAL LIMITED 2023-02-08 → present
  2. F1RST ACTUARIAL PLC 2009-12-01 → 2023-02-08
  3. FIRST ACTUARIAL PUBLIC LIMITED COMPANY 2004-05-07 → 2009-12-01

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
RSM UK Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“At the time of approving the financial statements, and based on forecasts and cashflow projections, the Members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future. The LLP continues to trade profitably, has a significant cash balance at the year end date and has sufficient resource to protect the current working capital cycle. Thus the Members continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

  1. F1RST ACTUARIAL LIMITED · parent
    1. First Actuarial LLP 100% · UK · Actuarial and investment services
    2. First Regulated Services Limited 100% · UK · Dormant entity
    3. First Employee Benefits Limited 100% · UK · Dormant entity
    4. First Investment Consulting Limited 100% · UK · Dormant entity
    5. First IFA Limited 100% · UK · Dormant entity

Significant events

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

People

5 active · 10 resigned

Name Role Appointed Born Nationality
HULME-VICKERSTAFF, Michael Wilfred Secretary 2004-05-07 British
HULME-VICKERSTAFF, Michael Wilfred Director 2004-05-07 Oct 1968 British
JOY, David Ian Director 2004-05-07 Aug 1969 British
MARTIN, Christopher David Director 2004-05-07 Dec 1970 British
RICHES, Mark Steven Director 2004-09-10 Aug 1969 British
Show 10 resigned officers
Name Role Appointed Resigned
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 2004-05-07 2004-05-07
BLACK, Jonathan Malcolm Director 2004-05-07 2004-05-28
SALT, Hilary Director 2004-05-07 2025-12-17
SHELLSWELL, Peter Michael Director 2004-05-07 2026-01-01
SMITH, Alan Edward Director 2004-06-21 2025-12-17
SMITH, James Robert Director 2004-05-07 2026-02-28
WILLIAMS, Keith John Director 2004-05-07 2025-12-17
YULE, Walker Director 2004-05-07 2004-05-28
INSTANT COMPANIES LIMITED Corporate Nominee Director 2004-05-07 2004-05-07
SWIFT INCORPORATIONS LIMITED Corporate Nominee Director 2004-05-07 2004-05-07

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Arthur J. Gallagher & Co. Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-11-27 Active

Filing timeline

Last 20 of 111 total filings

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

  • 2023-02-08 CERT10 Certificate re registration public limited company to private
  • 2023-02-08 RR02 Reregistration public to private company
  • 2023-02-08 RESOLUTIONS Resolution
Date Type Category Description
2026-04-26 AA accounts Accounts with accounts type group
2026-03-03 TM01 officers Termination director company with name termination date PDF
2026-01-14 TM01 officers Termination director company with name termination date PDF
2025-12-17 TM01 officers Termination director company with name termination date PDF
2025-12-17 TM01 officers Termination director company with name termination date PDF
2025-12-17 TM01 officers Termination director company with name termination date PDF
2025-12-12 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-12-12 PSC09 persons-with-significant-control Withdrawal of a person with significant control statement PDF
2025-09-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-02-06 AA accounts Accounts with accounts type group
2024-09-18 CS01 confirmation-statement Confirmation statement with updates PDF
2024-05-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-01-31 AA accounts Accounts with accounts type group
2023-05-17 CS01 confirmation-statement Confirmation statement with updates PDF
2023-02-08 CERT10 change-of-name Certificate re registration public limited company to private
2023-02-08 RR02 change-of-name Reregistration public to private company
2023-02-08 MAR incorporation Re registration memorandum articles
2023-02-08 RESOLUTIONS resolution Resolution
2023-02-02 ANNOTATION miscellaneous Legacy
2023-01-27 AA accounts Accounts with accounts type group

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
9

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
5

last 12 months

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

Official Companies House page