EXTRACOVER LIMITED

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

• Turnover

  +11.2%

  £17,078,425 → £18,986,028

• Cash

  +1.8%

  £27,919,827 → £28,418,944

• Net assets

  -26.5%

  £10,837,704 → £7,966,551

• Employees

  -19.9%

  347 → 278

• Operating profit

  +87.2%

  -£35,523,005 → -£4,543,679

• Profit before tax

  +88%

  -£35,204,501 → -£4,210,189

• Wages

  -38.4%

  £21,915,269 → £13,504,498

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Significant events

• “Product Expansion: We are committed to expanding our product portfolio, starting with personal insurance tailored for premium segments such as new drivers, which launched in February 2025.”
• “Subsequent to the first-tier tribunal ruling in favour of Hastings, an insurance intermediary, in the Hastings Insurance Services Ltd v HMRC [2025] UKFTT 275 (TC) case, the Company lodged a claim with HMRC in respect of VAT recoverable on brokering and underwriting support services provided to its Gibraltar-based insurer, Extracover Insurance Company Limited.”

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

1

last 12 months

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