SUNLIFE LIMITED

• ◆

  3 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

  -13.1%

  £86,759,000 → £75,352,000

• Cash

  -12.5%

  £48,796,000 → £42,681,000

• Net assets

  -13.7%

  £30,289,000 → £26,135,000

• Employees

  +1.7%

  116 → 118

• Operating profit

  -27.6%

  £20,518,000 → £14,851,000

• Profit before tax

  -27.6%

  £20,487,000 → £14,830,000

• Wages

  +12.1%

  £6,958,000 → £7,799,000

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. SUNLIFE LIMITED 2017-01-26 → present
2. PG DORMANT NO 1 LIMITED 2012-09-28 → 2017-01-26
3. PHOENIX LIFE ASSURANCE LIMITED 2012-03-30 → 2012-09-28
4. PHOENIX ASSURANCE LIMITED 2006-06-05 → 2012-03-30
5. RESOLUTION DORMANT NO 1 LIMITED 2005-09-06 → 2006-06-05
6. RESOLUTION MANAGEMENT SERVICES LIMITED 2005-06-21 → 2005-09-06
7. TRUSHELFCO (NO.3158) LIMITED 2005-05-23 → 2005-06-21

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“the Directors believe the Company has adequate resources to continue in operational existence over the going concern period assessed. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “The principal activity of the company is to distribute SunLife branded products on behalf of its immediate parent company, Phoenix Life Limited ("PLL") and certain third parties.”
• “The Company's ultimate parent is Phoenix Group Holdings plc ("the Group").”
• “Climate change remains one of the greatest global challenges faced today. As a member of a purpose-led Group we want to play our part in delivering a net zero economy whilst delivering good outcomes for our customers.”
• “The Group has committed to being net zero by 2050 across it's investment portfolio, operations and supplier base and have set near-term targets to help navigate progress to meet the net zero ambition.”
• “Profit before tax was £14.8m (2023: £20.5m) for the year ended 31 December 2024.”
• “Dividends totalling £15.3m were paid to the parent company during the year (2023: £15.8m).”
• “At 31 December 2024, the Company had an excess over its regulatory capital requirements of £23.8m (2023: £27.8m).”
• “In 2024, operations generated cash of £14.9m (2023: £29.0m) and cash and cash equivalents totalled £42.7m (2023: £48.8m) as at 31 December 2024.”
• “On 10 June 2024, Ernst & Young LLP resigned as auditors and KPMG LLP were appointed auditors to the Company for the year ended 31 December 2024.”

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

3

last 12 months

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