SOMERSET BRIDGE INSURANCE SERVICES LIMITED
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Cash
£98m
+84.3% vs 2024
Net assets
£129m
+1% vs 2024
Employees
261
+135.1% highest in 3 filed years
Profit before tax
£2.8m
-96% vs 2024
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 |
|---|---|---|---|---|---|
| Turnover | £85,404,000 | £150,436,000 | £116,577,000 | -22.5% | |
| Operating profit | £34,409,000 | £69,186,000 | £277,000 | -99.6% | |
| Profit before tax | — | £71,155,000 | £2,825,000 | -96% | |
| Net profit | — | £66,603,000 | £1,297,000 | -98.1% | |
| Cash | — | £53,079,000 | £97,803,000 | +84.3% | |
| Total assets less current liabilities | — | £128,058,000 | £129,354,000 | +1% | |
| Net assets | — | £128,058,000 | £129,354,000 | +1% | |
| Equity | — | £128,058,000 | £129,354,000 | +1% | |
| Average employees | 109 | 111 | 261 | +135.1% | |
| Wages | £5,665,000 | £6,734,000 | £14,228,000 | +111.3% | |
| Directors' remuneration | — | £167,000 | £302,000 | +80.8% | |
| Directors' pension contributions | £163,000 | £167,000 | — | — | |
| Highest paid director | £84,200 | £70,500 | £142,000 | +101.4% |
Values shown as filed in the company's annual accounts. — 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 |
|---|---|---|---|---|
| Operating margin | 40.3% | 46.0% | 0.2% | |
| Net margin | — | 44.3% | 1.1% | |
| Return on capital employed | — | 54.0% | 0.2% | |
| Gearing (liabilities / total assets) | — | 4.7% | 52.0% | |
| Current ratio | — | 21.08x | 2.54x |
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 1 time since incorporation
- SOMERSET BRIDGE INSURANCE SERVICES LIMITED 2019-12-06 → present
- ELDON INSURANCE SERVICES LIMITED 2007-08-06 → 2019-12-06
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “During the year the Company received the British Insurance Award for Personal Lines Broker of the Year. The Company received three further awards at the Insurance Broker Awards for Personal Lines Broker of the Year, MGA of the Year and Digital Initiative of the Year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARNOLD, Damian Barry | Director | 2020-01-01 | Aug 1980 | British |
| DUFFY, Damien Peter | Director | 2022-11-01 | Jul 1968 | British |
| HAMMER-DAHINDEN, Michael | Director | 2025-09-18 | Oct 1966 | Swiss |
| HOLMAN, Martyn John | Director | 2019-05-10 | Mar 1960 | British |
| OLDRIDGE, Christine Paula | Director | 2020-01-01 | Jun 1966 | British,Canadian |
| SOARES, William | Director | 2021-08-05 | Sep 1979 | Bermudian |
| TAYLOR, David Colin | Director | 2024-12-18 | May 1972 | British |
| VAN DELM, Rudi Annie Maurice | Director | 2024-07-01 | Nov 1964 | Belgian |
| VILKAITIS, Aristidas | Director | 2024-12-16 | Mar 1984 | Lithuanian |
| WATSON, Susan | Director | 2025-09-18 | Aug 1979 | British |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DISNEY-WALFORD, Oliver Matthew William | Secretary | 2013-07-24 | 2014-07-04 |
| HERRMANN, David | Secretary | 2009-06-01 | 2012-12-31 |
| SHEEN, Andrew Idwal | Secretary | 2012-12-31 | 2013-07-24 |
| WALTERS, Paul | Secretary | 2014-07-07 | 2015-09-04 |
| WILLIAMS, Dawn Elizabeth Alice | Secretary | 2015-09-21 | 2018-08-29 |
| JORDAN COMPANY SECRETARIES LIMITED | Corporate Secretary | 2007-08-06 | 2009-06-01 |
| BANKS, Arron Fraser Andrew | Director | 2012-08-31 | 2013-09-05 |
| BANKS, Jonathan Ian | Director | 2013-09-05 | 2021-08-05 |
| BILNEY, Elizabeth | Director | 2013-01-24 | 2021-08-05 |
| BOLEAT, Mark John, Sir | Director | 2019-06-12 | 2020-03-31 |
| CHASE GARDENER, Paul Simon | Director | 2007-08-06 | 2013-02-11 |
| COETZEE, Jacobus Lodewyk | Director | 2013-09-05 | 2019-04-29 |
| DADEY, Teresa Frances | Director | 2021-10-13 | 2023-03-10 |
| GANNON, John William | Director | 2007-08-06 | 2012-08-31 |
| HAYES, Robert | Director | 2017-07-27 | 2019-07-27 |
| HENDERSON, William Richard | Director | 2008-09-01 | 2008-12-11 |
| LEE, Michael David | Director | 2007-10-01 | 2011-04-04 |
| MANSFIELD, Julia Jane | Director | 2021-08-05 | 2025-04-25 |
| MARSHALL, Alison | Director | 2015-01-29 | 2022-11-01 |
| MORGAN, Gareth | Director | 2016-02-15 | 2017-02-14 |
| PUTTICK, Matthew James | Director | 2013-01-24 | 2013-09-30 |
| STEWART, Alistair | Director | 2022-01-12 | 2025-05-06 |
| STEWART, Alistair Crighton | Director | 2017-03-17 | 2020-03-30 |
| STRINGER, Darren Michael | Director | 2021-10-13 | 2023-03-10 |
| TAYLOR, David Colin | Director | 2019-05-10 | 2023-03-10 |
| WIGMORE, Andrew Bruce | Director | 2015-12-15 | 2018-04-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Somerset Bridge Group Limited | Corporate entity | Shares 75–100% | 2021-08-05 | Active |
| Mr Arron Fraser Andrew Banks | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2021-08-05 |
Filing timeline
Last 20 of 129 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-28 | AA | accounts | Accounts with accounts type full | |
| 2026-06-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-16 | AA | accounts | Accounts with accounts type full | |
| 2025-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-09 | AA | accounts | Accounts | |
| 2024-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-25 | AA | accounts | Accounts with accounts type full | |
| 2023-05-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-30 | CH01 | officers | Change person director company with change date | |
| 2023-03-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-24 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 0
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.