SPECIALTY MGA UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-26 (in 7mo)
Last made up 2025-12-12
Watchouts
None on the register
Cash
£1M
+1,287,939% highest in 3 filed years
Net assets
£23M
+1,205.6% highest in 3 filed years
Employees
30
+150% highest in 3 filed years
Profit before tax
£28M
+1,577.3% vs 2023
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £8,427,467 | £37,517,554 | |
| Operating profit | — | — | — | |
| Profit before tax | — | £1,658,835 | £27,823,606 | |
| Net profit | — | £1,314,964 | £21,308,646 | |
| Cash | £100 | £100 | £1,288,039 | |
| Total assets less current liabilities | £439,244 | £1,754,208 | £22,902,855 | |
| Net assets | — | £1,754,208 | £22,902,854 | |
| Equity | £439,244 | £1,754,208 | £22,902,854 | |
| Average employees | 5 | 12 | 30 | |
| Wages | — | £757,719 | £2,136,748 | |
| Directors' remuneration | — | £250,000 | £211,442 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+345.2%
£8,427,467 £37,517,554
-
Cash
+1,287,939%
£100 £1,288,039
highest in 3 filed years
-
Net assets
+1,205.6%
£1,754,208 £22,902,854
-
Employees
+150%
12 30
highest in 3 filed years
-
Profit before tax
+1,577.3%
£1,658,835 £27,823,606
-
Wages
+182%
£757,719 £2,136,748
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Net margin | — | 15.6% | 56.8% | |
| Gearing (liabilities / total assets) | — | 30.1% | 27.4% | |
| Current ratio | — | 3.32x | 3.65x |
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
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have assessed the Company's ability to continue as a going concern, taking into account its current financial position, forecast cash flows, and access to group resources. Based on this assessment, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “Since 31 December 2024, in response to evolving international trade dynamics, the Company, together with other entities under common control, has undertaken a strategic realignment of its operational structure to better reflect the geographic distribution of its business activities. Effective from August 2025, certain legacy business previously serviced directly by the Company will be intermediated by a related party within the wider group. In connection with this arrangement, the Company will provide underwriting and operational support services to the related party and will receive a consulting fee determined on a cost-plus basis, reflecting an arm's length valuation of the services rendered.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KUMAR, Manoj, Mr. | Director | 2023-09-29 | Jul 1963 | British |
| OMARI, Amal | Director | 2023-09-29 | Aug 1986 | British |
| PALMER, Mark John | Director | 2022-07-11 | Feb 1967 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARA, Philippe Jacques Henri | Director | 2022-07-11 | 2023-10-02 |
| KUMAR, Manoj, Mr. | Director | 2021-12-13 | 2022-07-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mnk Group Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-12-13 | Active |
Filing timeline
Last 18 of 18 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-06-27 MA Memorandum articles
- 2023-06-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-06 | AA | accounts | Accounts with accounts type full | |
| 2025-09-08 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-12-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-24 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-03-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-29 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-13 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-06-27 | MA | incorporation | Memorandum articles | |
| 2023-06-15 | RESOLUTIONS | resolution | Resolution | |
| 2022-12-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-07-29 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-29 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-29 | TM01 | officers | Termination director company with name termination date | |
| 2022-05-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-12-13 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- 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.