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Cash

Latest balance sheet

Net assets

-£138k

-184.5% lowest in 3 filed years

Employees

Average over period

Profit before tax

-£312k

-10.2% lowest in 3 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

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
Gross written premiums £710,535
Net earned premiums £710,535
Claims incurred £713,855
Investment return
Profit before tax £511,279-£283,508-£312,349 -10.2%
Net profit £379,015-£210,925-£300,638 -42.5%
Insurance contract liabilities
Total assets £13,485,983£417,961£336,841 -19.4%
Total liabilities £13,112,083£254,985£474,503 +86.1%
Equity £373,900£162,976-£137,662 -184.5%
Average employees 00

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 2.3%-39.9%
Net margin 1.7%-29.7%
Return on capital employed 4.0%-146.5%
Gearing (liabilities / total assets) 97.2%61.0%140.9%
Current ratio 22.24x1.86x

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 1 time since incorporation

  1. WAKAM CORPORATE MEMBER LIMITED 2023-02-02 → present
  2. NAMECO (NO. 1384) LIMITED 2022-09-05 → 2023-02-02

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
PKF Littlejohn LLP
Audit opinion
Unqualified (clean)
Going concern
Not a going concern (break-up basis)

“As the Company has ceased to provide capital in the Lloyd's insurance market, the Financial Statements have been prepared on a basis other than going concern. There were no changes made to the measurement of the Company's assets and liabilities or their presentation due to the change in basis of preparation of these Financial Statements as the impact was deemed to be negligible.”

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

People

3 active · 1 resigned

Name Role Appointed Born Nationality
HAMPDEN LEGAL PLC Corporate Secretary 2022-09-05
TOTTMAN, Mark John Director 2023-07-31 Jun 1964 British
NOMINA PLC Corporate Director 2022-09-05
Show 1 resigned officer
Name Role Appointed Resigned
EVANS, Jeremy Richard Holt Director 2022-09-05 2023-07-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Veronique Beaufour-Francois Individual Shares 75–100% (as firm), Voting 75–100% (as firm), Appoints directors (as firm) 2023-01-01 Active
Nomina Plc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2022-09-05 Ceased 2023-01-01

Filing timeline

Last 15 of 15 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-02-02 CERTNM Certificate change of name company PDF
Date Type Category Description
2026-08-19 AA accounts Accounts with accounts type full
2025-09-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-30 AA accounts Accounts with accounts type full
2024-09-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-19 AA accounts Accounts with accounts type full
2023-09-14 CS01 confirmation-statement Confirmation statement with updates PDF
2023-07-31 AP01 officers Appoint person director company with name date PDF
2023-07-31 TM01 officers Termination director company with name termination date PDF
2023-06-17 AA accounts Accounts with accounts type full
2023-02-02 CERTNM change-of-name Certificate change of name company PDF
2023-01-05 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2023-01-05 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2022-12-20 AA01 accounts Change account reference date company current shortened PDF
2022-12-16 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2022-09-05 NEWINC incorporation Incorporation company PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

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.

Official Companies House page