LANCASHIRE INSURANCE COMPANY (UK) LIMITED
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Cash
—
Latest balance sheet
Net assets
£151m
USD 203,700,000
+9.8% highest in 3 filed years
Employees
—
Average over period
Profit before tax
£18m
USD 24,400,000
+8,033.3% highest in 3 filed years
Watch the reel
Our short-form breakdown of LANCASHIRE INSURANCE COMPANY (UK) LIMITED's latest filing
Lancashire Insurance kept revenue flat at £330m, but pre-tax profit jumped to £24.4m and the top director took home £2.1m. 📊
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Gross written premiums | — | — | — | — | |
| Net earned premiums | £233,221,851 | £243,255,295 | — | — | |
| Claims incurred | £105,165,366 | £152,657,005 | £194,574,508 | +27.5% | |
| Investment return | £7,803,790 | £6,243,032 | £9,587,514 | +53.6% | |
| Profit before tax | £12,857,674 | £222,965 | £18,134,522 | +8,033.3% | |
| Net profit | £9,884,801 | £74,322 | £13,452,248 | +18,000% | |
| Insurance contract liabilities | £230,471,944 | £288,665,923 | £374,953,549 | +29.9% | |
| Total assets | £382,683,017 | £438,424,378 | £538,164,251 | +22.7% | |
| Total liabilities | £244,816,054 | £300,483,092 | £386,770,717 | +28.7% | |
| Equity | £137,866,964 | £137,941,286 | £151,393,534 | +9.8% | |
| Average employees | — | — | — | — |
Figures converted to GBP from USD at 0.743 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Gearing (liabilities / total assets) | 64.0% | 68.5% | 71.9% |
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 1 time since incorporation
- LANCASHIRE INSURANCE COMPANY (UK) LIMITED 2006-08-18 → present
- LANCASHIRE INSURANCE SERVICES (UK) LIMITED 2006-03-17 → 2006-08-18
Audit & accounting basis
- Accounting basis
- UK adopted International Accounting Standards
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors having reviewed the detailed risk disclosures in note 2, noting particularly the Company's short duration, highly liquid fixed interest investment portfolio and its expected liability profile, as well as the business plan and forecast for the next 12 months and the going concern section within the accounting policies on page 20 have a reasonable expectation that the Company will be able to continue in operation and meet its liabilities as they fall due. Accordingly, the Board has adopted and continues to consider appropriate the going concern basis in preparing the financial statements.”
Significant events
- “The Company experienced a higher number of risk losses compared to the prior year and some losses from catastrophe weather events which were not material losses for the Company.”
- “Prior year favourable development was $75.2 million (2024: $38.6 million) on a gross basis and $15.8 million (2024: $5.5 million) on a net basis. The favourable development in 2025 was primarily due to releases on the 2024 and 2023 accident years across most lines of business due to a lack of reported claims, as well as favourable development across some of the older accident years.”
- “Discount rates for the US dollar have decreased in 2025 whereas in 2024 discount rates increased. This has driven changes in the discount rate assumptions and resulted in increases in the level of unwind of discount.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BYRNE, Louise Ann | Secretary | 2019-04-25 | — | — |
| CADMAN, John William | Director | 2019-02-07 | Nov 1965 | British |
| CHURCHILL, Samantha | Director | 2023-12-14 | Jul 1976 | British |
| COLOSSO, Adrian | Director | 2016-04-26 | May 1957 | British |
| HORNE, David George | Director | 2019-02-07 | Jun 1951 | British |
| KENNEDY, Robert William | Director | 2025-10-01 | Jun 1972 | British |
| SMART, Steven David | Director | 2010-07-12 | Nov 1962 | British |
| THOMAS, Matthew | Director | 2026-02-11 | Nov 1980 | British |
| WILLIAMS, Sally Angela Helen | Director | 2022-05-10 | Jul 1966 | British |
| YEO, Stephen Daniel | Director | 2014-12-02 | Jul 1978 | British |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CONNOR, Michael Sean | Secretary | 2007-04-23 | 2019-04-25 |
| LEBOEUF LAMB CORPORATE SERVICES LIMITED | Corporate Secretary | 2006-03-17 | 2007-04-23 |
| BISHOP, John Henry | Director | 2008-04-08 | 2010-07-12 |
| BRINDLE, Richard David Henry | Director | 2006-04-12 | 2008-01-10 |
| BUGLER, Nicholas John Roland | Director | 2006-03-17 | 2006-04-12 |
| BURTON, Simon | Director | 2009-06-18 | 2010-04-27 |
| CONNOR, Michael Sean | Director | 2009-10-27 | 2020-03-05 |
| FLUDE, James Edward | Director | 2020-06-10 | 2024-10-30 |
| GREGORY, Paul | Director | 2010-07-12 | 2019-06-11 |
| HOE-RICHARDSON, Samantha Jane | Director | 2016-10-18 | 2022-05-10 |
| JOHNSTON, Hayley | Director | 2014-05-01 | 2020-04-01 |
| MALONEY, Alexander Terence | Director | 2012-08-30 | 2014-05-01 |
| MALONEY, Alexander | Director | 2006-04-12 | 2010-07-12 |
| MATHIAS, Charles Benedict | Director | 2007-07-17 | 2009-02-03 |
| MCCONACHIE, Neil | Director | 2006-04-12 | 2009-04-28 |
| OELSSNER, Ralf | Director | 2006-04-12 | 2014-05-01 |
| PORTER, Paula Lilian Rose | Director | 2006-04-12 | 2012-08-31 |
| RASHID, Gohir | Director | 2008-01-10 | 2010-07-12 |
| SABBARTON, Rachel Louise | Director | 2024-10-30 | 2026-02-11 |
| SHARP, David Ward | Director | 2014-10-31 | 2019-02-07 |
| THOMAS, Martin Nicholas Caleb | Director | 2006-09-27 | 2016-05-04 |
| WORSLEY, Russell | Director | 2007-09-05 | 2025-10-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lancashire Insurance Holdings (Uk) Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 138 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-01 | AA | accounts | Accounts with accounts type full | |
| 2026-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-12 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-18 | AA | accounts | Accounts with accounts type full | |
| 2025-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-11 | CH01 | officers | Change person director company with change date | |
| 2025-03-11 | CH01 | officers | Change person director company with change date | |
| 2025-03-11 | CH01 | officers | Change person director company with change date | |
| 2025-03-11 | CH03 | officers | Change person secretary company with change date | |
| 2025-03-11 | CH01 | officers | Change person director company with change date | |
| 2024-11-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-10 | AA | accounts | Accounts with accounts type full | |
| 2024-03-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-18 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-06 | AA | accounts | Accounts with accounts type full | |
| 2023-03-21 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 2
- 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.