VALIDUS RISK MANAGEMENT LIMITED
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Cash
£9.6m
+65.2% highest in 5 filed years
Net assets
£11m
+68.4% highest in 5 filed years
Employees
116
+31.8% highest in 5 filed years
Profit before tax
-£192k
-124.9% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
5-year trend · vs Financials median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-01-31 | 2022-01-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £13,352,248 | £16,360,487 | £20,038,884 | +22.5% | |
| Operating profit | — | — | £1,201,482 | £819,042 | -£269,054 | -132.8% | |
| Profit before tax | — | — | £1,087,733 | £773,481 | -£192,446 | -124.9% | |
| Net profit | — | — | £1,193,538 | £608,345 | -£118,764 | -119.5% | |
| Cash | £4,079,270 | £1,978,791 | £4,830,081 | £5,831,167 | £9,635,201 | +65.2% | |
| Total assets less current liabilities | £4,854,275 | £4,624,755 | £8,310,228 | £8,060,341 | £11,628,711 | +44.3% | |
| Net assets | — | — | £5,939,874 | £6,375,945 | £10,739,214 | +68.4% | |
| Equity | £4,854,275 | — | £5,939,874 | £6,375,945 | £10,739,214 | +68.4% | |
| Average employees | 42 | 52 | 76 | 88 | 116 | +31.8% | |
| Wages | — | — | £8,161,373 | £9,878,418 | £13,195,779 | +33.6% | |
| Directors' remuneration | — | — | £1,082,210 | £1,553,437 | £1,187,024 | -23.6% | |
| Directors' pension contributions | — | — | £8,400 | £17,836 | £18,437 | +3.4% | |
| Highest paid director | — | — | £629,357 | £820,724 | £636,827 | -22.4% |
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 | 2021-01-31 | 2022-01-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | 9.0% | 5.0% | -1.3% | |
| Net margin | — | — | 8.9% | 3.7% | -0.6% | |
| Return on capital employed | — | — | 14.5% | 10.2% | -2.3% | |
| Gearing (liabilities / total assets) | — | — | 53.7% | 57.1% | 46.1% | |
| Current ratio | — | — | 2.11x | 1.58x | 1.81x | |
| Interest cover | — | — | 5.94x | 3.99x | -1.89x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- WP Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 group's and the parent company's ability to continue as a going concern”
Group structure
- VALIDUS RISK MANAGEMENT LIMITED · parent
- Validus NA Inc. 100%
- Validus Europe AS 100%
- Validus USA Inc. 100%
- Validus Group Limited 100%
- Validus Macro Strategies Inc 70%
- Validus Risk Management Asia PTE Ltd 100%
Significant events
- “During the year, the Company restructured its share capital through the issue of 254,831 preferred shares and the cancellation of 284,737 ordinary shares held in treasury.”
- “Following the year end the group completed the fourth tranche of the buyback of own shares relating to a contract entered into in March 2023. The number of Ordinary A shares purchased into treasury was 21,247 and the consideration paid was £919,357.”
- “On 2 February 2026, the company entered into a lease agreement for a new property. The lease commences on 2 February 2026, and is for a term of 10 years, with annual rental payments of £1,081,530.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLAKSTAD, Haakon | Director | 2021-12-08 | Sep 1984 | Norwegian |
| BROSSEAU, Sylvain | Director | 2020-05-13 | Mar 1962 | Canadian |
| CICHOWSKI, Michael Scott | Director | 2025-05-08 | Jan 1978 | American |
| FISHER, David, Mr. | Director | 2026-05-05 | Apr 1969 | American |
| LESTER, Kevin Dominic | Director | 2010-04-16 | Nov 1974 | British,Canadian |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KOESTER, Wolfgang | Director | 2025-06-02 | 2025-11-30 |
| LALONDE, Julie | Director | 2023-03-01 | 2025-05-08 |
| MUNRO, Robert | Director | 2010-01-29 | 2013-10-07 |
| ROBSON, Philip | Director | 2019-10-05 | 2025-01-30 |
| SCHEEPERS, Francois Erasmus | Director | 2010-04-16 | 2023-03-31 |
| VASVARI, Florin | Director | 2019-10-05 | 2025-05-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Pierre Somers | Individual | Shares 25–50% (as firm) | 2020-05-13 | Ceased 2025-05-08 |
| Mr Kevin Dominic Lester | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2020-05-13 |
| Mr Francois Erasmus Scheepers | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2020-05-13 |
Filing timeline
Last 20 of 161 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-05-22 RESOLUTIONS Resolution
- 2025-05-21 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-16 | AA | accounts | Accounts with accounts type group | |
| 2026-08-04 | SH03 | capital | Capital return purchase own shares | |
| 2026-07-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-20 | SH01 | capital | Capital allotment shares | |
| 2026-02-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-19 | AA | accounts | Accounts with accounts type group | |
| 2025-07-04 | SH05 | capital | Capital cancellation treasury shares with date currency capital figure | |
| 2025-07-04 | SH05 | capital | Capital cancellation treasury shares with date currency capital figure | |
| 2025-06-27 | SH03 | capital | Capital return purchase own shares | |
| 2025-06-03 | SH05 | capital | Capital cancellation treasury shares with date currency capital figure | |
| 2025-05-22 | SH05 | capital | Capital cancellation treasury shares with date currency capital figure | |
| 2025-05-22 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-21 | MA | incorporation | Memorandum articles | |
| 2025-05-21 | SH08 | capital | Capital name of class of shares | |
| 2025-05-21 | SH10 | capital | Capital variation of rights attached to shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 9
- Officers appointed
- 1
- Officers resigned
- 1
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.