NEPHILA 2357 LTD.

Figures converted to GBP from USD at 0.748 per USD (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

• Turnover

  +39.9%

  £325,689,617 → £455,487,778

• Cash

  +1.8%

  £235,448,905 → £239,604,545

• Net assets

  +70.6%

  £125,240,338 → £213,709,352

• Employees

  —

  Not reported

• Operating profit

  -48.6%

  £241,009,942 → £123,849,144

• Profit before tax

  -50%

  £237,462,062 → £118,717,949

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that continued capital support will be in place such that Syndicate 2357 will continue to write new business in future underwriting years of account. The Company has adequate resources to continue in operational existence for at least twelve months from the date of signing the annual accounts. For this reason they continue to adopt the going concern basis in preparing the accounts.”

Significant events

• “The combined ratio of 72.8% for the year, whilst still considered a favourable performance for the company, has worsened year on year. primarily driven by greater catastrophe claims arising from hurricanes Helene and Milton.”
• “During the period covered by this report, the Company continued to provide underwriting capacity to Syndicate 2357 and Syndicate 5886.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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