SOMERSET BRIDGE LTD

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

  +84.6%

  £8,916,000 → £16,463,000

• Cash

  +30.1%

  £66,168,000 → £86,070,000

• Net assets

  -64.3%

  -£62,376,000 → -£102,501,000

• Employees

  +12.8%

  414 → 467

• Operating profit

  -7.6%

  -£33,709,000 → -£36,284,000

• Profit before tax

  -6.7%

  -£33,317,000 → -£35,556,000

• Wages

  +26.8%

  £16,278,000 → £20,643,000

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

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 §1A

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “In August 2021, the entire Somerset Bridge Group Limited group was acquired by Arch Reinsurance Limited (Bermuda), a subsidiary of Arch Capital Group Ltd, with a view to expanding its UK motor insurance and reinsurance capabilities with a fully integrated platform.”
• “The Group is implementing changes to its structure by bringing together the broking and underwriting activities into Somerset Bridge Insurance Services Limited (sister company), as a single Managing General Agent. These changes, applied from 1 January 2025, reinforce the Group's dedication to placing our customers at the core of everything we do and represents a pivotal leap in the Group's strategic journey.”

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

Filings

2

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.