FIRST ACTUARIAL LLP
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Next accounts due
2027-04-30 (in 11mo)
Last filed for 2025-07-31
Confirmation statement due
2026-09-07 (in 4mo)
Last made up 2025-08-24
Watchouts
Cash
£5M
+63.8% vs 2024
Net assets
£17M
+24.1% vs 2024
Employees
476
+14.7% vs 2024
Profit before tax
£12M
+19.2% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
23 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2025-07-31
| Metric | Trend | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Turnover | £38,643,602 | £45,340,311 | |
| Operating profit | £9,795,596 | £11,668,697 | |
| Profit before tax | £9,831,620 | £11,720,261 | |
| Net profit | — | — | |
| Cash | £3,302,102 | £5,409,657 | |
| Total assets less current liabilities | £13,435,285 | £16,669,746 | |
| Net assets | £13,435,285 | £16,669,746 | |
| Equity | £13,435,285 | £16,669,746 | |
| Average employees | 415 | 476 | |
| Wages | £18,363,234 | £21,608,349 | |
| Directors' remuneration | — | — |
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
FY2024 → FY2025 · period ending 2025-07-31 vs 2024-07-31
-
Turnover
+17.3%
£38,643,602 £45,340,311
-
Cash
+63.8%
£3,302,102 £5,409,657
-
Net assets
+24.1%
£13,435,285 £16,669,746
-
Employees
+14.7%
415 476
-
Operating profit
+19.1%
£9,795,596 £11,668,697
-
Profit before tax
+19.2%
£9,831,620 £11,720,261
-
Wages
+17.7%
£18,363,234 £21,608,349
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 | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Operating margin | 25.3% | 25.7% | |
| Return on capital employed | 72.9% | 70.0% | |
| Gearing (liabilities / total assets) | 23.1% | 22.4% | |
| Current ratio | 4.29x | 4.41x |
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
- FIRST ACTUARIAL LLP 2009-12-01 → present
- F1RST ACTUARIAL LIMITED LIABILITY PARTNERSHIP 2009-08-24 → 2009-12-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, and based on forecasts and cashflow projections, the Members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future. The LLP continues to trade profitably, has a significant cash balance at the year end date and has sufficient resource to protect the current working capital cycle. Thus the Members continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “In August 2025, the entity made an initial payment of £70,000 to purchase a list of employee benefits clients.”
- “In January 2026, a payment of £36,474 was made in full and final settlement.”
- “In September 2025, the entity entered into a new lease agreement for a property in Peterborough.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 37 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ACORN TOPCO LIMITED | Corporate Llp Designated Member | 2025-11-27 | — | — |
| F1RST ACTUARIAL LIMITED | Corporate Llp Designated Member | 2009-08-24 | — | — |
Show 37 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HULME-VICKERSTAFF, Michael Wilfred | Llp Designated Member | 2014-04-01 | 2025-11-27 |
| JOY, David Ian | Llp Designated Member | 2014-04-01 | 2025-11-27 |
| JOY, David Ian | Llp Designated Member | 2009-08-24 | 2009-11-26 |
| MARTIN, Christopher David | Llp Designated Member | 2014-04-01 | 2025-11-27 |
| RICHES, Mark Steven | Llp Designated Member | 2014-04-01 | 2025-11-27 |
| SHELLSWELL, Peter Michael | Llp Designated Member | 2014-04-01 | 2025-11-27 |
| SMITH, James Robert | Llp Designated Member | 2014-04-01 | 2025-11-27 |
| FREEMAN, Colin Roy | Llp Member | 2014-08-01 | 2023-07-31 |
| HAMMOND, Robert James | Llp Member | 2014-08-01 | 2021-09-30 |
| HANDCOCK, Wendy Maureen | Llp Member | 2013-08-01 | 2018-07-31 |
| HINTON, Kirk | Llp Member | 2024-08-01 | 2025-11-27 |
| HULME-VICKERSTAFF, Kate Elizabeth | Llp Member | 2011-08-01 | 2025-11-27 |
| JONES, Timothy Damian | Llp Member | 2017-08-01 | 2025-11-27 |
| KEOHANE, Declan James | Llp Member | 2011-02-01 | 2025-11-27 |
| LOCKYER, Catherine Jane | Llp Member | 2011-02-01 | 2025-11-27 |
| LUNT, Richard Mathew | Llp Member | 2018-08-01 | 2023-10-31 |
| MULLOCK, Samuel | Llp Member | 2019-08-01 | 2025-11-27 |
| NORMAN, Peter | Llp Member | 2024-08-01 | 2025-11-27 |
| OVEREND, Andrew John | Llp Member | 2018-08-01 | 2025-11-27 |
| ROWLINSON, Mark James | Llp Member | 2011-02-01 | 2025-11-27 |
| SALT, Hilary | Llp Member | 2014-04-01 | 2025-11-27 |
| SARGENT, Philip John | Llp Member | 2020-08-01 | 2025-11-27 |
| SIQUEIRA, Rohit James | Llp Member | 2016-08-01 | 2025-11-27 |
| SMITH, Alan Edward | Llp Member | 2014-04-01 | 2025-11-27 |
| THIRLWELL, David Thomas | Llp Member | 2011-02-01 | 2025-11-27 |
| THOMPSON, Neal Alan | Llp Member | 2014-08-01 | 2025-11-27 |
| WALMSLEY, Dale Robert | Llp Member | 2022-08-01 | 2025-11-27 |
| WILLIAMS, Keith John | Llp Member | 2014-04-01 | 2025-11-27 |
| ALAN EDWARD SMITH LIMITED | Corporate Llp Member | 2009-11-26 | 2021-06-10 |
| CHRISTOPHER DAVID MARTIN LIMITED | Corporate Llp Member | 2009-11-26 | 2021-06-10 |
| DAVID JOY LIMITED | Corporate Llp Member | 2009-11-26 | 2021-06-10 |
| HILARY SALT LIMITED | Corporate Llp Member | 2009-11-26 | 2021-06-10 |
| JAMES ROBERT SMITH LIMITED | Corporate Llp Member | 2009-11-26 | 2021-06-10 |
| KEITH JOHN WILLIAMS LIMITED | Corporate Llp Member | 2009-11-26 | 2021-06-10 |
| MARK RICHES LIMITED | Corporate Llp Member | 2009-11-26 | 2021-06-10 |
| MICHAEL HULME-VICKERSTAFF LIMITED | Corporate Llp Member | 2009-11-26 | 2021-06-10 |
| PETER SHELLSWELL LIMITED | Corporate Llp Member | 2009-11-26 | 2021-06-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Arthur J. Gallagher & Co. | Corporate entity | voting-rights-75-to-100-percent-limited-liability-partnership | 2025-11-27 | Active |
| F1rst Actuarial Limited | Corporate entity | right-to-share-surplus-assets-75-to-100-percent-limited-liability-partnership | 2025-11-27 | Active |
| F1rst Actuarial Limited | Corporate entity | voting-rights-75-to-100-percent-limited-liability-partnership | 2016-04-06 | Ceased 2023-05-02 |
Filing timeline
Last 20 of 167 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-26 | AA | accounts | Accounts with accounts type full | |
| 2025-12-16 | ANNOTATION | miscellaneous | Legacy | |
| 2025-12-16 | ANNOTATION | miscellaneous | Legacy | |
| 2025-12-12 | LLPSC02 | persons-with-significant-control | Notification of a person with significant control limited liability partnership | |
| 2025-12-12 | LLPSC02 | persons-with-significant-control | Notification of a person with significant control limited liability partnership | |
| 2025-12-12 | LLPSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement limited liability partnership | |
| 2025-12-11 | LLAP02 | officers | Appoint corporate member limited liability partnership with appointment date | |
| 2025-12-09 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2025-12-09 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2025-12-09 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2025-12-09 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2025-12-09 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2025-12-09 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2025-12-09 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2025-12-09 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2025-12-09 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2025-12-09 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2025-12-09 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2025-12-09 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2025-12-09 | LLTM01 | officers | Termination member limited liability partnership with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 23
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.