AXIS CORPORATE CAPITAL UK LIMITED
Operating as a subsidiary of the Bermuda-based insurance and reinsurance group AXIS Capital, the company acts as a corporate capital vehicle supporting the group's UK market operations.
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Cash
£16M
USD 21,527,000
-63.5% vs 2023
Net assets
£123M
USD 162,863,000
+91% vs 2023
Employees
—
Average over period
Profit before tax
£141M
USD 186,889,000
+46.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-06-15.
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £932,762,720 | £1,042,406,875 | +11.8% | |
| Operating profit | £115,519,382 | £130,438,371 | +12.9% | |
| Profit before tax | £96,594,488 | £141,496,820 | +46.5% | |
| Net profit | £70,151,423 | £111,399,909 | +58.8% | |
| Cash | £44,661,569 | £16,298,455 | -63.5% | |
| Total assets less current liabilities | £1,796,314,355 | £1,998,799,213 | +11.3% | |
| Net assets | £64,571,472 | £123,306,329 | +91% | |
| Equity | £64,571,472 | £123,306,329 | +91% | |
| Average employees | — | — | — | |
| Wages | — | — | — | |
| Directors' remuneration | — | — | — |
Figures converted to GBP from USD at 0.757 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 |
|---|---|---|---|
| Operating margin | 12.4% | 12.5% | |
| Net margin | 7.5% | 10.7% | |
| Return on capital employed | 6.4% | 6.5% | |
| Gearing (liabilities / total assets) | 97.2% | 95.1% | |
| Current ratio | 1.19x | 1.15x |
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
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's forecasts and projections show that there is no material uncertainty regarding its ability to meet liabilities. Directors have reviewed business plans, liquidity, and operational resilience, concluding there's a reasonable expectation for the Company and Syndicate to continue in operational existence and adopting the going concern basis.”
Significant events
- “In December 2024, AXIS announced a loss portfolio transfer reinsurance agreement with Cavello Bay Reinsurance, covering a portfolio of reinsurance segment business, predominantly related to 2021 and prior underwriting years of Syndicate 1686.”
- “For the 2025 YoA ACCUKL will cease to participate and the participation will be wholly aligned to ACCUKIIL.”
- “In 2024 AXIS established a new syndicate, AXIS Energy Transition Syndicate 2050, which commenced underwriting on 1 April 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MODI, Leena | Secretary | 2025-07-23 | — | — |
| HILLS, Sarah Jane | Director | 2023-05-24 | Dec 1973 | British |
| MOLLETT, James Anthony | Director | 2022-06-15 | Jan 1980 | British |
| OWEN, John Andrew | Director | 2025-01-03 | Dec 1966 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUGLER, Nicholas | Secretary | 2013-09-24 | 2019-11-13 |
| LAWRENCE, Kelly | Secretary | 2019-11-13 | 2024-11-15 |
| BENCHIMOL, Albert Abraham | Director | 2020-10-02 | 2021-01-13 |
| FOSH, Matthew Kailey | Director | 2019-10-22 | 2019-12-31 |
| GREGORY, Mark Austen John | Director | 2019-10-22 | 2024-12-31 |
| HENNESSY, Timothy Patrick | Director | 2013-09-24 | 2022-12-02 |
| HILLS, Sarah Jane | Director | 2013-09-24 | 2019-08-19 |
| LOWETH, James Paul | Director | 2015-05-19 | 2018-12-21 |
| MULLARKEY, Fintan | Director | 2019-10-21 | 2022-06-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Axis Specialty Uk Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 53 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-13 | AA | accounts | Accounts with accounts type full | |
| 2025-08-08 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-16 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-09-11 | AA | accounts | Accounts with accounts type full | |
| 2024-06-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-12 | AA | accounts | Accounts with accounts type full | |
| 2023-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-13 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-06-06 | CH01 | officers | Change person director company with change date | |
| 2023-05-24 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-06 | AA | accounts | Accounts with accounts type full | |
| 2022-06-16 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-16 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-03 | AA | accounts | Accounts with accounts type full | |
| 2021-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 1
- 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.