Do you have a dispute with a business?
Make it public
PACIFIC LIFE RE LIMITED
C/O INTERPATH LTD, 10 FLEET PLACE, LONDON, EC4M 7RBPrevious name: SCOTTISH RE LIMITED (changed on 18-Jul-2008)
Company Number: 00825110
Incorporation date: 29-Oct-1964
Status: Liquidation
Entity type: Private Limited Company
SIC codes:
65201 Life reinsurance
SUMMARY
This company is 59.5 years old and is currently liquidation. It is controlled by Pacific Life Re Holdings Limited. The company has positive equity (net assets) of GBP 394.5 million which has increased from GBP 320.2 million in the previous year. The latest reported revenue figure is GBP 755.9 million which is up 40% on previous year's figure of GBP 553.3 million. The company has 3 active officers (directors or partners) who are or were officers of 4 other companies, 1 (25.0%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2024Accounts Filed: FULL (01-Jan-2023)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 755,943,000 | 890,000 | ||||
31-Dec-2018 | GBP | 553,269,000 | 1,010,000 | ||||
31-Dec-2017 | GBP | 440,909,000 | 283,000 | 10,439,000 | |||
31-Dec-2016 | GBP | 412,335,000 | 1,264,000 | 68,981,000 | |||
31-Dec-2015 | GBP | 58,137,000 | 126,000 | 66,115,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 108,081,000 | 162,727,000 | 394,460,000 | |||||
31-Dec-2018 | GBP | 42,396,000 | 133,801,000 | 320,176,000 | |||||
31-Dec-2017 | GBP | 77,308,000 | 249,489,000 | 430,056,000 | |||||
31-Dec-2016 | GBP | 116,564,000 | 239,050,000 | 427,622,000 | |||||
31-Dec-2015 | GBP | 17,567,000 | 169,795,000 | 355,694,000 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | Joanna Magdalena BLAZEY | 23 Mar 2020 | 29 Mar 2024 | 1 - 0 | ||
Active | David Jacob GURNEY | 23 Mar 2020 | 29 Mar 2024 | 1 - 0 | ||
Resigned | Nameeta BISWAS | 27 Nov 2019 | 23 Mar 2020 | 0 - 1 | ||
Resigned | Caroline BYSTROM | 11 Mar 2019 | 27 Nov 2019 | 0 - 1 | ||
Resigned | Joanna Magdalena BLAZEY | 11 Sep 2018 | 11 Mar 2019 | 0 - 1 | ||
Resigned | Edward MATHISON | 16 May 2017 | 11 Sep 2018 | 0 - 1 | ||
Resigned | Joanna Magdalena BLAZEY | 29 Apr 2015 | 16 May 2017 | 0 - 1 | ||
Resigned | David Jacob GURNEY | 26 Jan 2011 | 29 Apr 2015 | 0 - 1 | ||
Resigned | Philip James HARRISON | 05 Sep 2008 | 13 Aug 2010 | 0 - 32 | ||
Resigned | George Rupert Hird SCOTT | 27 Feb 2004 | 05 Sep 2008 | British | 3 - 5 | |
Resigned | Alan Christopher DALE | 14 Aug 2003 | 27 Feb 2004 | 4 - 17 | ||
Resigned | David Edward BROWN | 12 Sep 2000 | 14 Aug 2003 | Accountant | British | 0 - 12 |
Resigned | David Edward BROWN | 14 Aug 2003 | British | 0 - 12 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Kerri Michelle MOLONEY | 09 Jun 2021 | Chief Risk Officer | Canadian | 2 - 0 | 2 (100.0%) | |
Resigned | Ian ROBINSON | 02 Oct 2020 | 19 Apr 2022 | Director | British | 0 - 3 | 2 (66.7%) |
Resigned | Stephen John PAYNE | 12 Oct 2018 | 10 Jan 2022 | Director | British | 3 - 5 | 3 (37.5%) |
Resigned | John Robert LISTER | 14 Jun 2017 | 10 Jan 2022 | Director | British | 9 - 81 | 21 (23.3%) |
Resigned | Toby Emil STRAUSS | 14 Jun 2017 | 10 Jan 2022 | Director | British | 3 - 74 | 18 (23.4%) |
Resigned | Clare Jane BOUSFIELD | 07 Aug 2015 | 01 Apr 2020 | Director | British | 0 - 3 | 2 (66.7%) |
Resigned | Simon Christopher John MACHELL | 07 Aug 2015 | 19 Jan 2023 | Director | British | 4 - 3 | 2 (28.6%) |
Resigned | John Peter CLIFF | 22 Mar 2011 | 31 Dec 2017 | Actuary | British | 0 - 3 | 1 (33.3%) |
Resigned | Mary Ann BROWN | 12 Aug 2008 | 31 Dec 2017 | Senior Vice President | American | 0 - 3 | 2 (66.7%) |
Active | Gary FALDE | 12 Aug 2008 | Vice President | American | 1 - 1 | 1 (50.0%) | |
Resigned | Henry MCMILLAN | 12 Aug 2008 | 31 May 2012 | Senior Vice President | American | 0 - 1 | 1 (100.0%) |
Resigned | Gary Luther FALDE | 12 Aug 2008 | 19 Apr 2022 | Vice President | American | 0 - 4 | 2 (50.0%) |
Resigned | George Rupert Hird SCOTT | 09 Jan 2008 | 09 Jun 2021 | Lawyer | British | 3 - 5 | 3 (37.5%) |
Resigned | George Robert ZIPPEL | 09 Jan 2008 | 18 Jul 2008 | Ceo | Us | 0 - 2 | 1 (50.0%) |
Resigned | Jeremy Alan Forbes STAFFURTH | 03 Jan 2008 | 26 Apr 2018 | Actuary | British | 0 - 9 | 6 (66.7%) |
Resigned | Paul GOLDEAN | 17 Oct 2006 | 18 Jul 2008 | Ceo | United States | 0 - 2 | 1 (50.0%) |
Resigned | Duncan Leigh HAYWARD | 17 Oct 2006 | 28 Sep 2023 | Accountant | British | 0 - 10 | 4 (40.0%) |
Resigned | Clifford James WAGNER | 08 Jun 2006 | 17 Aug 2007 | Actuary | United States | 0 - 2 | 1 (50.0%) |
Active | David Ralph HOWELL | 22 Mar 2006 | Actuary | British | 4 - 1 | 2 (40.0%) | |
Resigned | Nicholas Allen PARRY | 06 Apr 2005 | 29 Sep 2006 | Actuary | British | 1 - 6 | 1 (14.3%) |
Resigned | Aidan Joseph SHERRY | 01 Mar 2004 | 16 Aug 2005 | Marketing Director | Irish | 0 - 5 | 2 (40.0%) |
Resigned | Alan Christopher DALE | 01 Mar 2004 | 24 Mar 2005 | Finance Director | British | 4 - 17 | 3 (14.3%) |
Resigned | David Charles HUNTLEY | 27 May 2003 | 01 Jul 2006 | Actuary | British | 1 - 20 | 4 (19.0%) |
Resigned | Andrew John Edward MAYNARD | 30 Jul 2002 | 04 Sep 2006 | Insurance Underwriter | British | 1 - 3 | 3 (75.0%) |
Resigned | Christopher Zenon ZNOWSKI | 30 Jul 2002 | 31 Dec 2004 | Insurance Executive | British | 0 - 1 | 1 (100.0%) |
Resigned | Norman Stewart Hughson, The Rt Hon Lord Lamont Of Lerwick LAMONT | 16 May 2002 | 07 May 2007 | Director And Consultant | British | 4 - 15 | 6 (31.6%) |
Resigned | Oscar Ray SCOFIELD | 31 Dec 2001 | 09 Oct 2007 | Executive | American | 0 - 2 | 1 (50.0%) |
Resigned | Michael Cecil FRENCH | 31 Dec 2001 | 07 May 2007 | Executive | British | 0 - 2 | 1 (50.0%) |
Resigned | Scott Edward WILLKOMM | 31 Dec 2001 | 28 Jul 2006 | Executive Manager | American | 0 - 2 | 1 (50.0%) |
Resigned | Khanh TRAN | 12 Sep 2000 | 31 Dec 2001 | Accountant | United States | 0 - 3 | 2 (66.7%) |
Resigned | Kent Robert JOHNSON | 12 Sep 2000 | 31 Dec 2001 | Actuary | Usitish | 0 - 2 | 1 (50.0%) |
Resigned | David Edward BROWN | 12 Sep 2000 | 14 Aug 2003 | Accountant | British | 0 - 12 | 7 (58.3%) |
Resigned | Marc Scott FRANKLIN | 12 Sep 2000 | 31 Dec 2001 | Underwriter | Us | 0 - 2 | 1 (50.0%) |
Resigned | Paul Andrew BISPHAM | 11 Nov 1997 | 20 Feb 2004 | Actuary | British | 4 - 5 | 4 (44.4%) |
Resigned | Thomas Spencer LEIGH | 19 May 1997 | 22 Aug 2000 | Actuary | United Kingdom | 0 - 4 | 1 (25.0%) |
Resigned | John Howard GREENHALGH | 09 Aug 1994 | 31 Dec 2004 | Actuary | British | 0 - 3 | 2 (66.7%) |
Resigned | Glenn Stanley SCHAFER | 17 Feb 1993 | 31 Dec 2001 | Accountant | Usa | 0 - 2 | 1 (50.0%) |
Resigned | Thomas Cole SUTTON | 17 Feb 1993 | 31 Dec 2001 | Actuary | American | 0 - 2 | 1 (50.0%) |
Resigned | Hugh John JARVIS | 12 Feb 1992 | 12 Oct 1993 | Actuary | British | 0 - 6 | 2 (33.3%) |
Resigned | Hugh John JARVIS | 12 Oct 1993 | Actuary | British | 0 - 6 | 2 (33.3%) | |
Resigned | Edward Owen WALWYN-JONES | 21 Aug 2000 | Medical Officer | British | 0 - 2 | 1 (50.0%) | |
Resigned | Jeremy ROWE | 28 Sep 1996 | Retired Chairman - Opb | British | 0 - 3 | 1 (33.3%) | |
Resigned | Raymond John FOREMAN | 18 Aug 2000 | Actuary | British | 0 - 4 | 1 (25.0%) | |
Resigned | Fred Arthur BUCK | 17 Feb 1993 | Actuary | American | 0 - 2 | 1 (50.0%) | |
Resigned | John Leonard WYBREW | 31 Dec 2003 | Actuary | British | 0 - 30 | 12 (40.0%) |
Average tenure of active directors: 12.2 years
Average tenure of resigned directors: 4.4 years
Average active director Dissolution Rate: 63.3%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
||||
---|---|---|---|---|
PACIFIC LIFE RE LIMITED (00825110) - Liquidation | ✔ | ✔ | ✔ | |
PACIFIC LIFE RE SERVICES LIMITED (02145545) - Active | ✔ | ✔ | ||
PACIFIC LIFE RE HOLDINGS LIMITED (06608537) - Liquidation | ✔ | ✔ | ||
UNDERWRITEME LIMITED (07912813) - Active | ✔ | |||
UNDERWRITEME TECHNOLOGY SOLUTIONS LIMITED (09170324) - Active | ✔ |
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2021-05-26 | 2020-05-26 | 2017-05-26 | 2015-05-26 | 2014-05-26 | ||
PACIFIC LIFE RE HOLDINGS LIMITED | ORDINARY | 416,675,957 67.4% | 0 0% | 0 0% | 0 0% | 0 0% |
PACIFIC LIFECORP | ORDINARY | 165,000,000 26.7% | 165,000,000 34.4% | 100,000,000 36.6% | 0 0% | 0 0% |
PACIFIC LIFE RE HOLDINGS LIMITED | ORDINARY | 36,973,935 5.98% | 0 0% | 0 0% | 0 0% | 0 0% |
PACIFIC LIFE RE SERVICES LIMITED | ORDINARY | 0 0% | 314,675,957 65.6% | 173,175,957 63.4% | 173,175,957 100% | 167,740,387 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
PACIFIC LIFE RE LIMITED
no controlled companies
LATE PAYMENTS REPORT
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
65201 Life reinsurance)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
PRUDENTIAL PENSIONS LIMITED | 10 FENCHURCH AVENUE, LONDON, EC3M 5AG | 00992726 | 2018-12-31 | 939,977,000 | 6,035,000 | |
PACIFIC LIFE RE LIMITED | C/O INTERPATH LTD, 10 FLEET PLACE, LONDON, EC4M 7RB | 00825110 | 2017-12-31 | 443,315,000 | 10,439,000 | |
THE PRUDENTIAL ASSURANCE COMPANY LIMITED | 10 FENCHURCH AVENUE, LONDON, EC3M 5AG | 00015454 | 0000-00-00 | 0 | 0 |
LIQUIDATION RISK (BETA)
This company is Liquidation. Statistically, such companies have a VERY HIGH probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
Company status | 100.0% | 99.4% | 99.9% | High |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.4% | 1.4% | 2.7% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.7% | 2.2% | 3.8% | Medium |
Accounting Month | 0.6% | 2.2% | 6.7% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |