Antares Global Management Limited
Non-life insurance · London
ActiveUnited KingdomIncorporated 1992Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£3,468,000
Cash
£4,963,000
Turnover
£86,820,000
Profit / loss
£685,000
Current assets
£58,332,000
Creditors < 1 year
£59,848,000
Equity
£3,468,000
Average employees
342
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-3112 months · Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £3,468,000 | £4,313,000 |
| Equity | £3,468,000 | £4,313,000 |
| Share capital | £10,000 | £10,000 |
| Retained earnings | £3,458,000 | £4,303,000 |
| Assets | ||
| Fixed assets | £6,962,000 | £3,920,000 |
| Intangible assets | £3,006,000 | — |
| Property, plant & equipment | £3,656,000 | £3,620,000 |
| Investments | £300,000 | £300,000 |
| Current assets | £58,332,000 | £32,408,000 |
| Cash at bank | £4,963,000 | £2,014,000 |
| Debtors | £53,369,000 | £30,394,000 |
| Liabilities | ||
| Creditors within one year | £59,848,000 | £30,041,000 |
| Creditors after one year | £1,604,000 | £1,704,000 |
| Provisions | £374,000 | £270,000 |
| Net current assets | −£1,516,000 | £2,367,000 |
| Assets less current liabilities | £5,446,000 | £6,287,000 |
| Profit & loss | ||
| Turnover | £86,820,000 | £85,368,000 |
| Administrative expenses | £85,503,000 | £84,884,000 |
| Operating profit | £1,317,000 | £484,000 |
| Interest receivable | £34,000 | £12,000 |
| Profit before tax | £1,351,000 | £496,000 |
| Tax | £666,000 | £131,000 |
| Profit / loss | £685,000 | £365,000 |
| Operating costs | ||
| Depreciation | £1,039,000 | £445,000 |
| Amortisation | £182,000 | — |
| Audit fees | £76,000 | £31,000 |
| People & pay | ||
| Average employees | 342 | 332 |
| Staff costs | £62,113,000 | £63,252,000 |
| Wages & salaries | £48,564,000 | £48,185,000 |
| Social security costs | £6,655,000 | £6,536,000 |
| Directors' remuneration | £5,273,937,000 | £4,824,048,000 |
| Highest paid director | £1,205,372,000 | £1,072,757,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The principal activity of Antares Global Management Limited (“the Company”) is the provision of insurance related management services to the underwriting entities that form part of the Antares Global Group. This includes and is not limited to staffing, facilities, IT support, technical support, and investment services. These services are deemed fundamental to the running of the underwriting entities.
- What it does
- insurance related management services · staffing · facilities · IT support · technical support · investment services · run-off services (AI keywords)
- The year
- The Directors are satisfied with the results and performance of the Company during the year. The future prospects for the Company are favourable, and the Directors expect adequate return from the insurance related services provided.
- Outlook
- The future prospects for the Company are favourable, and the Directors expect adequate return from the insurance related services provided.
- Auditor
- KPMG LLP · senior statutory auditor Umar Jamil
- Audit opinion
- Clean (unmodified)
- Immediate parent
- QIC Antares Holdings Limited · Bermuda
- Ultimate parent
- Qatar Insurance Company Q.S.P.C (Formerly Qatar Insurance Company SAQ) · the State of Qatar
- Accounts
- FRS 102
- Approved
- 2026-06-18, signed by N Everitt
Subsidiaries (4)
- Antares Global Management (Zurich) AG · Switzerland
- Antares Global Management (Bermuda) Limited · Bermuda
- Antares Global Management Doha LLC · Qatar
- Asteri Re Limited · United Kingdom
Share classes (1)
- 10,000 Ordinary of £1.00
Events after the year end (2)
- On 1 January 2026, the Company’s then-parent undertaking, Antares Global Holdings Limited, transferred its shareholding in the Company to QIC Antares Holdings Limited, a newly incorporated Bermuda-domiciled entity established in September 2025.
- As a result of this restructuring, QIC Antares Holdings Limited became the immediate parent of the Company.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
4 outstanding chargesUnknown · created 2005-05-25
£37,820 DUE OR TO BECOME DUE FROM THE CO MPANY TO THE CHARGEE UNDER THE TERMS OF THE AFOREMENTIONED I NSTRUMENT CREATING OR EVIDENCING THE CHA RGE
OutstandingUnknown · created 2005-05-25
£36,081 DUE OR TO BECOME DUE FROM THE CO MPANY TO THE CHARGEE UNDER THE TERMS OF THE AFOREMENTIONED I NSTRUMENT CREATING OR EVIDENCING THE CHA RGE
OutstandingUnknown · created 2005-05-25
£17,285 DUE OR TO BECOME DUE FROM THE CO MPANY TO THE CHARGEE UNDER THE TERMS OF THE AFOREMENTIONED I NSTRUMENT CREATING OR EVIDENCING THE CHA RGE
OutstandingUnknown · created 2000-02-21
All monies
Outstanding