DARAG LEGACY UK LTD

• ⚠

  Material uncertainty over going concern

  The financial statements have not been prepared on a going concern basis. On 16 March 2026, the Company was sold to DARAG Insurance UK Limited, with legal completion subject to HMRC stamping of the stock transfer form. The Group is also progressing a Part VII transfer of the Company's insurance business, following which the directors intend to seek deauthorisation and place the Company into liquidation. Accordingly, the directors consider the going concern basis of accounting to be inappropriate.

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Gross written premiums

  -121.8%

  £47,830 → -£10,436

• Net earned premiums

  -54.3%

  £40,003 → £18,262

• Profit before tax

  -108.2%

  £791,373 → -£65,223

• Equity

  -1.1%

  £5,873,554 → £5,808,331

  lowest in 4 filed years

• Claims incurred

  -41.3%

  £756,588 → £444,386

• Insurance contract liabilities

  -35.3%

  £2,861,988 → £1,851,465

• Investment return

  -57.1%

  £152,187 → £65,223

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

1. DARAG LEGACY UK LTD 2020-03-05 → present
2. ONE RE LTD 2013-05-21 → 2020-03-05
3. AXIS RE LTD 2012-08-14 → 2013-05-21

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements have not been prepared on a going concern basis. On 16 March 2026, the Company was sold to DARAG Insurance UK Limited, with legal completion subject to HMRC stamping of the stock transfer form. The Group is also progressing a Part VII transfer of the Company's insurance business, following which the directors intend to seek deauthorisation and place the Company into liquidation. Accordingly, the directors consider the going concern basis of accounting to be inappropriate.”

Significant events

• “On 16 March 2026, the Company was sold to DARAG Insurance UK Limited, with legal completion subject to HMRC stamping of the stock transfer form. The Group is also progressing a Part VII transfer of the Company's insurance business, following which the directors intend to seek deauthorisation and place the Company into liquidation.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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