SAMSUNG FIRE & MARINE INSURANCE COMPANY OF EUROPE LTD.
Get an alert when SAMSUNG FIRE & MARINE INSURANCE COMPANY OF EUROPE LTD. files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-07-14 (in 2mo)
Last made up 2025-06-30
Watchouts
Cash
£6M
-35.2% vs 2024
Net assets
£53M
+8.9% vs 2024
Employees
16
+6.7% vs 2024
Profit before tax
£6M
-18.8% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
5 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Turnover | £31,156,000 | £48,763,000 | |
| Operating profit | £4,934,000 | £3,506,000 | |
| Profit before tax | £7,184,000 | £5,834,000 | |
| Net profit | £5,363,000 | £4,367,000 | |
| Cash | £9,817,000 | £6,363,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £48,799,000 | £53,163,000 | |
| Equity | £48,799,000 | £53,163,000 | |
| Average employees | 15 | 16 | |
| Wages | £1,565,000 | £1,715,000 | |
| Directors' remuneration | £1,110,000 | £1,155,000 |
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 2025-12-31 vs 2024-12-31
-
Turnover
+56.5%
£31,156,000 £48,763,000
-
Cash
-35.2%
£9,817,000 £6,363,000
-
Net assets
+8.9%
£48,799,000 £53,163,000
-
Employees
+6.7%
15 16
-
Operating profit
-28.9%
£4,934,000 £3,506,000
-
Profit before tax
-18.8%
£7,184,000 £5,834,000
-
Wages
+9.6%
£1,565,000 £1,715,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 15.8% | 7.2% | |
| Net margin | 17.2% | 9.0% | |
| Gearing (liabilities / total assets) | 43.5% | 45.3% | |
| Current ratio | 44.10x | 57.24x | |
| Interest cover | 20.64x | 2.47x |
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
- SAMSUNG FIRE & MARINE INSURANCE COMPANY OF EUROPE LTD. 2011-03-30 → present
- SAMSUNG COMPANY OF EUROPE LIMITED 2010-07-08 → 2011-03-30
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have, at the time of approving the Financial Statements, a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Significant events
- “In 2026, the Company became bound to renewals of contracts in January 2026 which had renewal dates prior to 1 January 2026. The Company has made an adjusting post balance sheet event to recognise these contracts renewal at 31 December 2025.”
- “Subsequent to the reporting date, armed conflict involving Iran has escalated in the Middle East. The Company issues, via primary insurers, contracts of insurance to policyholders located in Saudi Arabia, Jordan and the United Arab Emirates. The Company does not maintain a branch or subsidiary in these jurisdictions and therefore has no employees located in these countries.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 31 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHEONG, Jeewon | Director | 2017-08-15 | Jul 1975 | South Korean |
| KOO, Jahun | Director | 2023-12-24 | Jul 1983 | South Korean |
| LAWS, Peter Michael, Dr | Director | 2025-11-21 | Oct 1964 | British |
| LEE, Sungryeol | Director | 2021-09-07 | Jan 1977 | South Korean |
| LEE, Yoojin | Director | 2025-05-29 | Feb 1981 | South Korean |
| LIDDELL, Stephen Alexander | Director | 2020-06-01 | Nov 1963 | British |
| MARTIN, Paul | Director | 2026-05-05 | Sep 1964 | British |
| WRAIGHT, Keith Vincent Andrew | Director | 2021-08-27 | Feb 1966 | British |
Show 31 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GALLOWAY, Charles Alexander | Secretary | 2020-09-10 | 2021-02-09 |
| IOANNOU, Chris | Secretary | 2023-05-24 | 2025-08-11 |
| RILEY, Stuart Ian | Secretary | 2021-02-17 | 2023-04-03 |
| WRAIGHT, Keith | Secretary | 2025-08-11 | 2025-10-02 |
| WRAIGHT, Keith Vincent Andrew | Secretary | 2023-04-03 | 2023-05-24 |
| BAE, Chang Han | Director | 2010-07-08 | 2011-02-01 |
| BAE, Hyunku | Director | 2022-02-07 | 2024-04-26 |
| BITHELL, John Cary | Director | 2018-12-17 | 2019-09-06 |
| CARROLL, Timothy Joseph | Director | 2011-03-30 | 2020-05-31 |
| CHANG, Dukhee | Director | 2013-01-18 | 2015-01-23 |
| DOHERTY, Thomas James | Director | 2016-10-25 | 2026-04-30 |
| GALLOWAY, Charles Alexander | Director | 2020-09-09 | 2021-02-09 |
| IOANNOU, Chris | Director | 2023-05-24 | 2025-08-13 |
| JOO, Haeyun | Director | 2014-01-01 | 2018-03-20 |
| KIM, Chang Soo | Director | 2018-10-18 | 2019-05-31 |
| KIM, Junpyo | Director | 2024-04-26 | 2025-05-29 |
| KIM, Kunjong | Director | 2014-12-01 | 2019-01-07 |
| KIM, Sun Taek | Director | 2011-03-30 | 2017-04-27 |
| NA, Jong Won | Director | 2018-12-13 | 2023-12-15 |
| NOE, Dong Ill | Director | 2020-09-10 | 2021-09-16 |
| NOE, Dong Ill | Director | 2016-05-10 | 2018-12-10 |
| O'NEILL, Paul Simon | Director | 2019-09-04 | 2020-07-03 |
| OH, Myong Sik | Director | 2020-02-05 | 2021-12-03 |
| OH, Myongsik | Director | 2011-02-01 | 2014-12-01 |
| OH, Sanghoon | Director | 2013-01-11 | 2013-12-31 |
| PARK, Choon Weon | Director | 2011-03-30 | 2012-12-31 |
| PARK, Jae Hong | Director | 2011-03-30 | 2012-12-31 |
| PARK, Keunyoung | Director | 2019-05-31 | 2020-01-08 |
| RILEY, Stuart Ian | Director | 2021-07-08 | 2023-04-03 |
| WITHNELL, David Mark | Director | 2011-03-30 | 2018-09-28 |
| YOO, In Keun | Director | 2015-01-26 | 2016-05-12 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 131 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-08 | CH01 | officers | Change person director company with change date | |
| 2026-05-06 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-30 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-31 | AA | accounts | Accounts with accounts type full | |
| 2026-01-28 | CH01 | officers | Change person director company with change date | |
| 2025-12-15 | CH01 | officers | Change person director company with change date | |
| 2025-11-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-11-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-11-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-10-01 | CH01 | officers | Change person director company with change date | |
| 2025-08-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-11 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-08-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-30 | AA | accounts | Accounts with accounts type full | |
| 2025-02-24 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 18
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 5
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.