SOMERSET BRIDGE GROUP 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

  +71%

  £103,394,000 → £176,775,000

• Cash

  +54.6%

  £97,001,000 → £149,959,000

• Net assets

  +167.1%

  £8,592,000 → £22,947,000

• Employees

  —

  Not reported

• Operating profit

  +272.5%

  -£12,588,000 → £21,709,000

• Profit before tax

  +288.8%

  -£12,797,000 → £24,163,000

• Wages

  +23.2%

  £23,465,000 → £28,902,000

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

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

Consolidated group

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the Group and Company have adequate resources to continue operating for at least 12 months from the signing date of these finacial statements. In assessing the appropriateness of the going concern basis, the directors prepared and reviewed full financial forecasts up to 31 December 2026. It was concluded that the Group is expected to continue as a going concern, and that no material uncertainty exists around the going concern basis of preparation.”

Group structure

1. SOMERSET BRIDGE GROUP LIMITED · parent
   1. Somerset Bridge Limited 100% · UK · Insurance agents and brokers
   2. Somerset Bridge Insurance Services Limited 100% · UK · Insurance agents and brokers
   3. Somerset Bridge Shared Services Limited 100% · UK · Other service activities

Significant events

• “In August 2021, the Group was acquired by Arch Reinsurance Ltd ("Arch Re"), a subsidiary of Arch Capital Group Ltd, an American, Bermuda based insurance and reinsurance group. The acquisition provides security to the Group's underwriting capacity into the future and provides a robust financial foundation, to provide an enhanced proposition to our customers, stakeholders and third-party partners.”
• “Following the acquisition, in 2021, the Group received a Capital Contribution of £11.7m from its immediate parent entity. Further capital injections of £49.5m have been received in 2022 and 2023.”
• “In 2024 SBISL achieved turnover of £150.4m (2023: £85.4m) and operating profit of £69.0m (2023: £34.2m). The growth in turnover was the result of increased policy volumes and a higher average income per policy.”

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.