CANADA LIFE PLATFORM LIMITED

CANADA LIFE PLACE, HIGH STREET, POTTERS BAR, EN6 5BA

Previous name: MGM ADVANTAGE LIFE LIMITED (changed on 05-Oct-2020)
Previous name: ICE NEWCO2 LIMITED (changed on 27-Nov-2013)

Company Number: 08395855
Incorporation date: 08-Feb-2013
Status: Active
Entity type: Private Limited Company

SIC codes:
65110 Life insurance

SUMMARY

This company is 11.8 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 284.1 million which has increased from GBP 200.6 million in the previous year. The company has 5 active officers (directors or partners) who are or were officers of 24 other companies, 2 (8.3%) 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-2025
Accounts Filed: FULL (31-Dec-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
31-Dec-2019	GBP
31-Dec-2018	GBP
31-Dec-2017	GBP
31-Dec-2016	GBP
31-Dec-2015	GBP

Balance Sheet Financials:

Year end	Currency	Cash	Retained Earnings	Net Assets
31-Dec-2019	GBP	270,000	38,107,000	284,106,000
31-Dec-2018	GBP	22,975,000	44,662,000	200,593,000
31-Dec-2017	GBP	23,558,000	73,720,000	194,133,000
31-Dec-2016	GBP	14,528,000	73,028,000	187,526,000
31-Dec-2015	GBP	28,192,000	67,276,000	154,209,000

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**

Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	All apointments (active/resigned)
Active	Olutoyin ODUYEMI	16 Oct 2023	05 Dec 2024	1 - 0
Resigned	Lisa Annette RODRIGUEZ	25 Sep 2019	16 Oct 2023	0 - 1
Resigned	Abayomi Kehinde AKISANYA	10 Feb 2016	25 Sep 2019	0 - 1
Resigned	Simon John ALLFORD	14 May 2014	10 Feb 2016	0 - 1
Resigned	Charles Christopher Tresilian PENDER	01 Dec 2013	14 May 2014	0 - 1

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Catherine GODDARD	23 Oct 2023		Head Of Data And Insight	British	1 - 0	0 (0.0%)
Active	Sarah PARKINSON	31 Aug 2023		Head Of Investment Governance	British	1 - 0	0 (0.0%)
Active	Daniel Robert CROOK	24 Nov 2022		Sales Director	British	1 - 0	0 (0.0%)
Active	Caroline Anne DIBBS	16 May 2022		Chief Operating Officer	British	3 - 3	1 (16.7%)
Active	Lindsey Claire RIX	04 Apr 2022		Chief Executive Officer	British	6 - 17	2 (8.7%)
Resigned	Matthew David LOGAN	16 Mar 2021	19 Jul 2022	Finance Director	British	0 - 6	1 (16.7%)
Resigned	Derek Nigel Donald NETHERTON	02 Jan 2018	31 Aug 2022	Chairman	British	1 - 4	1 (20.0%)
Resigned	Nathan MOSS	02 Jan 2018	31 Aug 2023	Director	British	0 - 4	1 (25.0%)
Resigned	Douglas Allan BROWN	02 Jan 2018	18 Dec 2020	Director	British	6 - 50	3 (5.4%)
Resigned	Robert Craig FAZZINI-JONES	02 Dec 2013	31 May 2021	Chief Executive Officer	British	2 - 10	1 (8.3%)
Resigned	William Henry, Sir PROBY	02 Dec 2013	23 Apr 2020	Non-Executive Director	British	9 - 29	4 (10.5%)
Resigned	Simon Gregory Michael WHITEHEAD	02 Dec 2013	30 Apr 2014	Chief Financial Officer	British	0 - 28	11 (39.3%)
Resigned	Christopher David Maund EVANS	02 Dec 2013	30 Apr 2017	Chief Executive Officer	British	0 - 8	1 (12.5%)
Resigned	John Robert CUSINS	19 Nov 2013	23 Apr 2020	Finance	British	19 - 33	16 (30.8%)
Resigned	John Simon Bertie SMITH	19 Nov 2013	02 Jan 2018	Company Director	British	4 - 11	3 (20.0%)
Resigned	Michael Edward FAIREY	19 Nov 2013	02 Jan 2018	Company Director	British	0 - 45	12 (26.7%)
Resigned	Brian Jonathan MAGNUS	08 Feb 2013	02 Jan 2018	Investment Professional	British	16 - 33	5 (10.2%)
Resigned	Diarmuid CUMMINS	08 Feb 2013	26 Jul 2016	Investment Professional	British	0 - 91	48 (52.7%)

Number of active directors: 5
Average tenure of active directors: 1.9 years
Average tenure of resigned directors: 4.3 years
Average active director Dissolution Rate: 5.1%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Catherine GODDARD	Sarah PARKINSON	Daniel Robert CROOK	Caroline Anne DIBBS	Lindsey Claire RIX
NORWICH DIOCESAN BOARD OF FINANCE LIMITED(THE) (00088175) - Active					✔
GRESHAM INSURANCE COMPANY LIMITED (00110410) - Active					✔
AVIVA CREDIT SERVICES UK LIMITED (00184857) - Active					✔
MOTOR INSURERS' BUREAU (00412787) - Active					✔
CANADA LIFE LIMITED (00973271) - Active					✔
AVIVA INSURANCE SERVICES UK LIMITED (02180191) - Liquidation					✔
AVIVA LIFE HOLDINGS UK LIMITED (02403518) - Active					✔
AVIVA PENSION TRUSTEES UK LIMITED (02407799) - Active					✔
AVIVA HEALTH UK LIMITED (02464270) - Active					✔
AVIVA LIFE & PENSIONS UK LIMITED (03253947) - Active					✔
AVIVA EMPLOYMENT SERVICES LIMITED (03280551) - Active					✔
AVIVA EQUITY RELEASE UK LIMITED (03286484) - Active					✔
CANADA LIFE ASSET MANAGEMENT LIMITED (03846821) - Active					✔
TENET GROUP LIMITED (03909395) - In Administration				✔
CLFIS (U.K.) LIMITED (04356028) - Active				✔	✔
AVIVA WRAP UK LIMITED (04470008) - Active					✔
SYNERGY SUNRISE (BROADLANDS) LIMITED (05207664) - Liquidation					✔
YORK CARES (05346480) - Active				✔
STONEHAVEN UK LTD (05487702) - Active					✔
AVIVA INVESTMENT SOLUTIONS UK LIMITED (06389025) - Active				✔
WEALTHIFY GROUP LIMITED (07853934) - Active					✔
CANADA LIFE UK HOLDINGS LIMITED (08393858) - Active					✔
CANADA LIFE PLATFORM LIMITED (08395855) - Active	✔	✔	✔	✔	✔
WEALTHIFY LIMITED (09034828) - Active					✔
CANADA LIFE SIPP TRUSTEE LIMITED (11980384) - Active				✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2021-02-08	2020-02-08	2018-02-08	2016-02-08	2015-02-08
THE CANADA LIFE GROUP (U.K.) LIMITED	ORDINARY	56,620,009 50%	0 0%	0 0%	0 0%	0 0%
THE CANADA LIFE GROUP (U.K.) LIMITED	ORDINARY	56,620,009 50%	0 0%	0 0%	0 0%	0 0%
MGM ADVANTAGE HOLDINGS LIMITED	ORDINARY	0 0%	56,620,008 50%	56,620,002 50%	56,620,001 50%	56,620,001 50%
MGM ADVANTAGE HOLDINGS LIMITED	ORDINARY	0 0%	56,620,008 50%	56,620,002 50%	56,620,001 50%	56,620,001 50%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

- - 25-50%:Manjit Dale - ceased
  - 25-50%:Mr Blair John Thompson - ceased
  - 25-50%:Mr Manjit Dale - ceased
  - 25-50%:Mr Stephen James Robertson - ceased
  - 25-50%:Manjit Dale - active
    25-50%:Mr Manjit Dale - active
    25-50%:Mr Stephen James Robertson - active
    >75%:Tdr Capital Llp (Oc302604 - United Kingdom) active
  >75%:Tdr Capital Gp Llp (Oc396153 - United Kingdom) ceased
- - >75%:Mr Andre Desmarais - active
  - >75%:Mr Guy Fortin - active
  - >75%:Mr Michel Plessis-Belair - ceased
  - >75%:Mr Paul Desmarais, Jr - active
  - >75%:Ms Jacqueline Desmarais - ceased
  - >75%:Ms Sophie Desmarais - active
  >75%:The Canada Life Group (Uk) Limited (02228475 - United Kingdom) active
>75%:Mgm Advantage Holdings Limited (08393858 - United Kingdom) ceased
- >75%:Mr Andre Desmarais - active
- >75%:Mr Guy Fortin - active
- >75%:Mr Michel Plessis-Belair - ceased
- >75%:Mr Paul Desmarais, Jr - active
- >75%:Ms Jacqueline Desmarais - ceased
- >75%:Ms Sophie Desmarais - active
>75%:The Canada Life Group (U.K.) Limited (02228475 - United Kingdom) active

Controlling entities above

CANADA LIFE PLATFORM LIMITED

Controlled companies below

>75%:CANADA LIFE HOME FINANCE TRUSTEE LIMITED (08523300 - UK) ceased
>75%:CANADA LIFE SIPP TRUSTEE LIMITED (11980384 - UK) active
>75%:CANADA LIFE PLATFORM NOMINEE LIMITED (13089624 - UK) active

LATE PAYMENTS REPORT

Start date	End date	% invoices paid over 60 days	% invoices not paid within agreed terms	Gov.uk report
2019-07-01	2019-12-31	%	%	28905
2019-01-01	2019-06-30	%	%	22010
2018-07-01	2018-12-31	%	%	13467
2018-01-01	2018-06-30	%	%	6142

COURT CASES

No Court Cases found

PATENTS

No Patents found

COMPETITORS

(Based on Sic code: 65110 Life insurance)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
SCOTTISH WIDOWS LIMITED	25 GRESHAM STREET, LONDON, UNITED KINGDOM, EC2V 7HN	03196171	2017-12-31	18,192,000,000	899,000,000
ROTHESAY LIFE PLC	THE POST BUILDING, 100 MUSEUM STREET, LONDON, UNITED KINGDOM, WC1A 1PB	06127279	2018-12-31	12,195,000,000	97,000,000
SCOTTISH EQUITABLE PLC	AEGON LOCHSIDE CRESCENT, EDINBURGH PARK, EDINBURGH, SCOTLAND, EH12 9SE	SC144517	2017-12-31	9,792,700,000	34,400,000
BAILLIE GIFFORD LIFE LIMITED	ATRIA ONE, 144 MORRISON STREET, EDINBURGH, EH3 8EX	SC182496	2018-03-31	5,139,666,000	1,600,000
PHOENIX LIFE LIMITED	1 WYTHALL GREEN WAY, WYTHALL, BIRMINGHAM, B47 6WG	01016269	2018-12-31	1,304,000,000	481,000,000
CANADA LIFE LIMITED	CANADA LIFE PLACE, POTTERS BAR, HERTFORDSHIRE, EN6 5BA	00973271	2017-12-31	940,100,000	326,100,000
COUNTRYWIDE ASSURED PLC	2ND FLOOR, BUILDING 4 WEST STRAND, WEST STRAND ROAD, PRESTON, LANCASHIRE, ENGLAND, PR1 8UY	02261746	2017-12-31	333,071,000	42,296,000
THREADNEEDLE PENSIONS LIMITED	CANNON PLACE, 78 CANNON STREET, LONDON, EC4N 6AG	00984167	2017-12-31	266,918,000	2,040,000	66300-Fund management activities
MGM ADVANTAGE LIFE LIMITED	CANADA LIFE PLACE, HIGH STREET, POTTERS BAR, ENGLAND, EN6 5BA	08395855	2017-12-31	183,391,000	5,702,000
WESLEYAN FINANCIAL SERVICES LIMITED	COLMORE CIRCUS, BIRMINGHAM, B4 6AR	01651212	2017-12-31	58,140,000	-3,964,000
INTEGRALIFE UK LIMITED	29 CLEMENT'S LANE, LONDON, EC4N 7AE	00798365	2018-09-30	45,279,000	16,177,000
TOKIO MARINE KILN SYNDICATES LIMITED	20 FENCHURCH STREET, LONDON, EC3M 3BY	00729671	2017-12-31	31,146,000	18,548,000	65120-Non-life insurance
UNUM LIMITED	MILTON COURT, DORKING, SURREY, RH4 3LZ	00983768	2017-12-31	12,206,000	1,775,000	65120-Non-life insurance
CAPITA LIFE & PENSIONS SERVICES LIMITED	FIRST FLOOR, 2 KINGDOM STREET, PADDINGTON, LONDON, ENGLAND, W2 6BD	04359665	2017-12-31	7,031,500	-1,964,426
LEAGOLD LIMITED	SOLAR HOUSE - PF 915 HIGH ROAD, NORTH FINCHLEY, LONDON, ENGLAND, N12 8QJ	01692041	2017-03-31	1,032,339	0	65120-Non-life insurance 65300-Pension funding
FRANK CORRIGAN & CO. LIMITED	5 SYCAMORE COURT BIRMINGHAM ROAD, ALLESLEY, COVENTRY, ENGLAND, CV5 9BA	02198916	2018-05-31	946,820	0	65300-Pension funding 66290-Other activities auxiliary to insurance and pension funding
MORTGAGE 65 LIMITED	8 CAMBERWELL WAY, DOXFORD INTERNATIONAL BUSINESS PARK, SUNDERLAND, UNITED KINGDOM, SR3 3XN	06732518	2017-12-31	587,235	0	65120-Non-life insurance 66190-Activities auxiliary to financial intermediation not elsewhere classified 66220-Activities of insurance agents and brokers
STIRLING GENERAL INSURANCE SERVICES LIMITED	ASTON HOUSE, CORNWALL AVENUE, LONDON, ENGLAND, N3 1LF	02546908	2017-09-30	287,063	0	65120-Non-life insurance 65300-Pension funding
HALLMARK GRANGE FINANCIAL LIMITED	171 CHORLEY NEW ROAD, LANCASTER HOUSE, BOLTON, LANCASHIRE, BL1 4QZ	04598272	2018-04-30	238,949	0
JMP ACTUARIAL LIMITED	9 CHART HOUSE, 6 BURRELLS WHARF SQUARE, LONDON E14, LONDON, E14 3TN	07267506	2018-05-31	202,500	0
NATHAN LIMITED	13 CYPRESS GROVE, DUNFERMLINE, FIFE, KY11 8AF	SC193725	2018-02-28	197,120	0	66290-Other activities auxiliary to insurance and pension funding
EPIC INSURANCE SERVICES LIMITED	150 MINORIES, LONDON, ENGLAND, EC3N 1LS	07014140	2018-12-31	184,261	0	65120-Non-life insurance
JOHN MOSEBY FINANCIAL SERVICES LTD	17 BRUNTS STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 1AX	04606586	2018-12-31	143,159	0
REDPATH FINANCIAL PLANNING LIMITED	UNIT 562 UNIT 562 WENTA BUSINESS CENTRE, COLNE WAY, WATFORD, ENGLAND, WD24 7ND	04589826	2018-04-30	98,622	0	65120-Non-life insurance 65300-Pension funding
E T M FINANCIAL PLANNING LTD	2 CHURCH COTTAGES THE BURY, LOCKING, WESTON-SUPER-MARE, ENGLAND, BS24 8BZ	07946651	2018-02-28	90,009	0	66290-Other activities auxiliary to insurance and pension funding
NEDTOWN LIMITED	11 CLEVELAND AVENUE, DRAYCOTT, DERBYSHIRE, DE72 3NR	04668300	2019-03-31	81,969	0
ANDREWS COMPLIANCE CONSULTANCY LIMITED	14 JULIANS ROAD, STEVENAGE, HERTFORDSHIRE, SG1 3ES	04015472	2016-09-30	69,928	0
FLEXIBLE FINANCE (MIDLANDS) LIMITED	11 PARK LANE BUSINESS CENTRE, PARK LANE, NOTTINGHAM, ENGLAND, NG6 0DW	08236476	2018-10-31	63,950	0
FRIAR BEST INSURANCE SERVICES LIMITED	MARKET HOUSE, 21 LENTEN STREET, ALTON, HAMPSHIRE, GU34 1HG	04737423	2019-04-30	0	0	65120-Non-life insurance 65201-Life reinsurance 65202-Non-life reinsurance
BEAZLEY GROUP LIMITED	22 BISHOPSGATE, LONDON, UNITED KINGDOM, EC2N 4BQ	04082477	0000-00-00	0	0	65201-Life reinsurance
LEGAL AND GENERAL ASSURANCE SOCIETY LIMITED	ONE COLEMAN STREET, LONDON, EC2R 5AA	00166055	0000-00-00	0	0
LIVERPOOL VICTORIA FINANCIAL SERVICES LIMITED	COUNTY GATES, BOURNEMOUTH, DORSET, BH1 2NF	12383237	0000-00-00	0	0	66290-Other activities auxiliary to insurance and pension funding
NATIONAL FARMERS UNION MUTUAL INSURANCE SOCIETY LIMITED(THE)	TIDDINGTON ROAD, STRATFORD-UPON-AVON, WARWICKSHIRE, CV37 7BJ	00111982	0000-00-00	0	0	65120-Non-life insurance
PARTNERSHIP LIFE ASSURANCE COMPANY LIMITED	ENTERPRISE HOUSE, BANCROFT ROAD, REIGATE, ENGLAND, RH2 7RP	05465261	0000-00-00	0	0	65300-Pension funding
STANDARD LIFE ASSURANCE LIMITED	STANDARD LIFE HOUSE, 30 LOTHIAN ROAD, EDINBURGH, EH1 2DH	SC286833	0000-00-00	0	0
ZURICH ASSURANCE LTD	UNITY PLACE, 1 CARFAX CLOSE, SWINDON, WILTSHIRE, UNITED KINGDOM, SN1 1AP	02456671	0000-00-00	0	0

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low 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
CANADA LIFE PLATFORM LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	0.6%	2.1%	6.0%	Medium


Age	0.4%	1.7%	3.3%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.6%	2.4%	5.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium