CompanyTrack
P

PIC ERM 1 LIMITED

Active London

Other activities auxiliary to insurance and pension funding

0 employees
Other activities auxiliary to insurance and pension funding
P

PIC ERM 1 LIMITED

Other activities auxiliary to insurance and pension funding

Founded 27 Oct 2020 Active London, United Kingdom 0 employees
Other activities auxiliary to insurance and pension funding
Accounts Submitted 18 Jul 2025
Confirmation Statement Submitted 31 Jul 2025
Net assets £0.00
Total assets £1016.56M £125.86M 2024 year on year
Total Liabilities £1016.56M £125.86M 2024 year on year
Charges 10
10 outstanding

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Contact & Details

Registered Address

22 Ropemaker Street London EC2Y 9AR United Kingdom

Credit Report

Discover PIC ERM 1 LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2021–2024)

Cash in Bank

£21.93M

Decreased by £10.17M (-32%)

Net Assets

N/A

Total Liabilities

£1016.56M

Decreased by £125.86M (-11%)

Turnover

£1.33M

Increased by £537.00k (+68%)

Employees

N/A

Debt Ratio

100%

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

3 active 3 resigned
Status
Dominic VeneyDirectorBritishUnited Kingdom491 Dec 2021Active
Hayley Elizabeth ReesDirectorBritishUnited Kingdom562 Dec 2024Active
Martin James GriffithsDirectorBritishUnited Kingdom491 Dec 2021Active

Shareholders

Shareholders (0)

No shareholder data available

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Pension Insurance Corporation Plc

United Kingdom

Active
Notified 27 Oct 2020
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Group Structure

Group Structure

PENSION INSURANCE CORPORATION PLC united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
PIC HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
PENSION INSURANCE CORPORATION GROUP LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent
REINET INVESTMENTS S.C.A. luxembourg
PIC ERM 1 LIMITED Current Company

Charges

Charges

10 outstanding

Documents

Company Filings

DateCategoryDescriptionDocument
31 Jul 2025Confirmation StatementConfirmation statement made on 2025-07-30 with no updatesView(3 pages)
18 Jul 2025OtherNotice of agreement to exemption from audit of accounts for period ending 31/12/24View(1 page)
18 Jul 2025OtherAudit exemption statement of guarantee by parent company for period ending 31/12/24View(3 pages)
18 Jul 2025AccountsAnnual accounts filedView(202 pages)
18 Jul 2025AccountsAnnual accounts made up to 2024-12-31View(24 pages)
31 Jul 2025 Confirmation Statement

Confirmation statement made on 2025-07-30 with no updates

18 Jul 2025 Other

Notice of agreement to exemption from audit of accounts for period ending 31/12/24

18 Jul 2025 Other

Audit exemption statement of guarantee by parent company for period ending 31/12/24

18 Jul 2025 Accounts

Annual accounts filed

18 Jul 2025 Accounts

Annual accounts made up to 2024-12-31

Recent Activity

Latest Activity

Confirmation statement made on 2025-07-30 with no updates

6 months ago on 31 Jul 2025

Notice of agreement to exemption from audit of accounts for period ending 31/12/24

7 months ago on 18 Jul 2025

Audit exemption statement of guarantee by parent company for period ending 31/12/24

7 months ago on 18 Jul 2025

Annual accounts filed

7 months ago on 18 Jul 2025

Annual accounts made up to 2024-12-31

7 months ago on 18 Jul 2025