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Cash

£22m

+107.3% highest in 3 filed years

Net assets

£1.5m

-46.5% lowest in 3 filed years

Employees

854

+9.2% highest in 3 filed years

Profit before tax

£2.2m

+16.9% highest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £149,221,374£185,494,543£193,605,201 +4.4%
Operating profit £1,982,682£1,857,785£2,171,041 +16.9%
Profit before tax £1,982,682£1,857,785£2,171,041 +16.9%
Net profit £1,474,754£1,181,473£1,361,906 +15.3%
Cash £9,576,494£10,477,547£21,723,240 +107.3%
Total assets less current liabilities £14,436,871£13,212,792£13,049,869 -1.2%
Net assets £4,095,313£2,876,786£1,538,692 -46.5%
Equity £4,095,313£2,876,786£1,538,692 -46.5%
Average employees 630782854 +9.2%
Wages £59,716,432£75,190,608£86,020,858 +14.4%
Directors' remuneration £437,000£538,000£545,000 +1.3%
Directors' pension contributions £3,000£4,000£4,000 0%
Highest paid director £440,000£538,000£545,000 +1.3%

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 2023-12-312024-12-312025-12-31
Operating margin 1.3%1.0%1.1%
Net margin 1.0%0.6%0.7%
Return on capital employed 13.7%14.1%16.6%
Gearing (liabilities / total assets) 92.0%94.6%96.8%
Current ratio 1.33x1.24x1.28x

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 2 times since incorporation

  1. MRSG UK SERVICES LIMITED 2019-07-04 → present
  2. MRHCUK DORMANT NO. 1 LIMITED 2015-12-31 → 2019-07-04
  3. MUNICH RE SYNDICATE LIMITED 2015-12-04 → 2015-12-31

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“On the basis of this financial position and expected future cash flows, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future which is envisaged to be 12 months from the date of approval of these financial statements. The directors continue to adopt the going concern basis in preparing the financial statements.”

Significant events

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

People

7 active · 9 resigned

Name Role Appointed Born Nationality
ZAREMBA, Constance Morag Secretary 2023-09-01
AGHADIUNO, Chika Director 2023-09-01 Jul 1969 British
BURCHERI, Joachim Director 2026-02-20 Aug 1980 German
DAVISON, Laurie Esther, Ms. Director 2023-01-01 Jul 1980 Irish
FLAXMAN, Hannah Jane Director 2026-02-23 Mar 1974 British
HILL, Gareth Kim Director 2025-04-25 Apr 1980 British
WITTMANN, Christian Josef Director 2019-12-13 Aug 1966 German
Show 9 resigned officers
Name Role Appointed Resigned
COSKUN, Timur Secretary 2016-08-01 2023-08-31
CALLIDUS SECRETARIES LIMITED Corporate Secretary 2015-12-04 2016-08-01
ARTMANN, Thomas Eduard Director 2015-12-04 2026-03-01
ATTWOOD, Rhonda Joanne Director 2021-04-26 2025-03-27
BURGESS, Charles Anthony Edward Director 2019-08-29 2022-12-31
CHAMPION, Danielle Lucy Director 2023-10-09 2025-12-31
COSKUN, Timur Director 2019-08-29 2023-08-31
GUELFAND, Grigoriy Director 2015-12-04 2021-04-06
SIMSON, Christopher Director 2019-08-29 2025-08-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Munich Re Specialty Group Limited Corporate entity Shares 75–100%, Voting 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 54 total filings

Date Type Category Description
2026-08-04 AA accounts Accounts with accounts type full
2026-05-22 AP01 officers Appoint person director company with name date PDF
2026-03-10 AP01 officers Appoint person director company with name date PDF
2026-03-05 AP01 officers Appoint person director company with name date PDF
2026-03-03 TM01 officers Termination director company with name termination date PDF
2026-01-12 TM01 officers Termination director company with name termination date PDF
2025-12-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-12-16 CH01 officers Change person director company with change date PDF
2025-12-15 CH01 officers Change person director company with change date PDF
2025-12-12 CH01 officers Change person director company with change date PDF
2025-09-17 AA accounts Accounts with accounts type full
2025-09-08 TM01 officers Termination director company with name termination date PDF
2025-04-29 AP01 officers Appoint person director company with name date PDF
2025-04-04 TM01 officers Termination director company with name termination date PDF
2024-12-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-01 AA accounts Accounts with accounts type full
2024-03-18 AD01 address Change registered office address company with date old address new address PDF
2023-12-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-16 AP01 officers Appoint person director company with name date PDF
2023-09-13 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
12

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.

Official Companies House page