Ben Nevis Bidco Limited
Activities of financial services holding companies · London
ActiveUnited KingdomIncorporated 2020Private Limited Company
Financial position
Accounts to 2025-12-31 · USD · Company accounts
Net assets
USD 1,051,098,000
Cash
USD 3,000
Turnover
USD 137,000
Profit / loss
USD 70,462,000
Current assets
USD 693,276,000
Creditors < 1 year
USD 631,560,000
Equity
USD 1,051,098,000
Average employees
Not available
Balance-sheet trend
USD · 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 | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | USD 1,051,098,000 | USD 981,817,000 |
| Equity | USD 1,051,098,000 | USD 981,817,000 |
| Share capital | USD 907,459,000 | USD 905,806,000 |
| Retained earnings | USD 143,639,000 | USD 76,011,000 |
| Assets | ||
| Fixed assets | USD 989,382,000 | USD 728,150,000 |
| Investments | USD 989,382,000 | USD 728,150,000 |
| Current assets | USD 693,276,000 | USD 281,184,000 |
| Cash at bank | USD 3,000 | USD 30,000 |
| Debtors | USD 693,273,000 | USD 281,154,000 |
| Liabilities | ||
| Creditors within one year | USD 631,560,000 | USD 27,517,000 |
| Net current assets | USD 61,716,000 | USD 253,667,000 |
| Assets less current liabilities | USD 1,051,098,000 | USD 981,817,000 |
| Profit & loss | ||
| Turnover | USD 137,000 | USD 137,000 |
| Administrative expenses | USD 11,123,000 | −USD 9,937,000 |
| Operating profit | USD 53,998,000 | USD 21,250,000 |
| Interest receivable | USD 23,562,000 | USD 22,862,000 |
| Interest payable | USD 16,598,000 | USD 1,236,000 |
| Profit before tax | USD 60,962,000 | USD 42,876,000 |
| Tax | −USD 9,500,000 | USD 809,000 |
| Profit / loss | USD 70,462,000 | USD 42,067,000 |
| Dividends | USD 0 | USD 0 |
| People & pay | ||
| Directors' remuneration | USD 2,195,000 | USD 2,117,000 |
| 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.
- Audit
- Subsidiary audit exemption, parent guarantee (s479A)
- Immediate parent
- Ben Nevis Midco Limited
- Ultimate controlling party
- GIC, as well as various employees of the Miller Group
- Accounts
- FRS 102
- Approved
- 2026-05-18, signed by N. P. Perry
Subsidiaries (28)
- Miller Insurance Holdings Limited · 100% indirect · UK · Holding company
- Miller Insurance Services (Singapore) Pte Ltd · 100% indirect · Singapore · Insurance broking
- Six Clerks Insurance Services Limited · 100% indirect · UK · Appointed Representative
- Miller Bermuda Ltd. · 100% indirect · Bermuda · Insurance broking
- International Tanker Indemnity Association Limited · 100% indirect · Bermuda · Insurance services
- MICAL Limited · 100% indirect · Guernsey · Dormant
- Miller Re Limited · 100% indirect · UK · Insurance broking
- Miller Europe SRL · 100% indirect · Belgium · Insurance broking
- Miller 2015 Limited · 100% indirect · UK · Holding company and LLP designated member
- Miller Insurance Services LLP · 100% indirect · UK · Insurance broking
- Miller Sports & Entertainment S.A.S · 100% indirect · France · Insurance broking
- Lead Insurance Services Limited · 100% indirect · Japan · Insurance broking
- Ben Nevis Specialty Limited · 100% indirect · UK · Insurance broking
- Ben Nevis Specialty Europe GmbH · 100% indirect · Germany · Insurance broking
- Casper Specialty Group Limited · 100% indirect · UK · Holding company
- Casper Specialty UK Limited · 100% indirect · UK · Managing general agent
- Casper Specialty Europe GmbH · 100% indirect · Germany · Trading company
- Ben Nevis Miller Asia Holdings Pte. Ltd. · 100% indirect · Singapore · Holding company
- 4809 Brokers AG · 100% indirect · Switzerland · Insurance broking
- Miller Insurance Korea Inc. · 100% indirect · Korea · Insurance broking
- Miller Insurance Correduria de Seguros Y Reaseguros S.A. · 100% indirect · Spain · Insurance broking
- Miller Servicios de Asesoramiento Y Gestion S.A. · 100% indirect · Spain · Non-insurance services
- Miller Group Services Limited · 100% indirect · UK · Administrative services
- AHJ Holdings Limited · 100% indirect · UK · Insurance broking
- Alwen Hough Johnson Limited · 100% indirect · UK · Insurance broking
- AHJ Europe A.S · 100% indirect · Norway · Insurance broking
- AHJ Pension Fund Trustees Limited · 100% indirect · UK · Dormant
- AHJ Employee Benefit Trustees Limited · 100% indirect · UK · Dormant
Turnover by segment (2)
- Other Income – non client: 137 (000s) (2025-12-31)
- Other Income – non client: 137 (000s) (2024-12-31)
Related parties (21)
- Ben Nevis Feedco Limited · Entity with control · Amounts owed by/(to) group undertakings; debtor/(creditor) · (11,455) (000s)
- Ben Nevis Feedco Limited · Entity with control · Amounts owed by/(to) group undertakings; debtor/(creditor) · 44 (000s)
- Ben Nevis Topco Limited · Entity with control · Amounts owed by/(to) group undertakings; debtor/(creditor) · 47 (000s)
- Ben Nevis Topco Limited · Entity with control · Amounts owed by/(to) group undertakings; debtor/(creditor) · 41 (000s)
- Ben Nevis Cleanco Limited · Entity with control · Amounts owed by/(to) group undertakings; debtor/(creditor) · 1,314 (000s)
- Ben Nevis Cleanco Limited · Entity with control · Amounts owed by/(to) group undertakings; debtor/(creditor) · 761 (000s)
- Ben Nevis Midco Limited · Entity with control · Amounts owed by/(to) group undertakings; debtor/(creditor) · (287,750) (000s)
- Ben Nevis Midco Limited · Entity with control · Amounts owed by/(to) group undertakings; debtor/(creditor) · 35 (000s)
- Miller Insurance Holdings Limited · Entity controlled by the Company · Amounts owed by/(to) group undertakings; debtor/(creditor) · 412,991 (000s)
- Miller 2015 Limited · Entity controlled by the Company · Amounts owed by/(to) group undertakings; debtor/(creditor) · 251,430 (000s)
- Miller 2015 Limited · Entity controlled by the Company · Amounts owed by/(to) group undertakings; debtor/(creditor) · 211,779 (000s)
- Miller Insurance Services LLP · Entity controlled by the Company · Amounts owed by/(to) group undertakings; debtor/(creditor) · (331,193) (000s)
- Miller Insurance Services LLP · Entity controlled by the Company · Amounts owed by/(to) group undertakings; debtor/(creditor) · 27,317 (000s)
- Casper Specialty Group Limited · Entity controlled by the Company · Amounts owed by/(to) group undertakings; debtor/(creditor) · 1,322 (000s)
- Casper Specialty Group Limited · Entity controlled by the Company · Amounts owed by/(to) group undertakings; debtor/(creditor) · 875 (000s)
- Casper Specialty UK Limited · Entity controlled by the Company · Amounts owed by/(to) group undertakings; debtor/(creditor) · 5,242 (000s)
- Casper Specialty UK Limited · Entity controlled by the Company · Amounts owed by/(to) group undertakings; debtor/(creditor) · 4,363 (000s)
- Casper Specialty Europe Gmbh · Entity controlled by the Company · Amounts owed by/(to) group undertakings; debtor/(creditor) · 7 (000s)
- Casper Specialty Europe Gmbh · Entity controlled by the Company · Amounts owed by/(to) group undertakings; debtor/(creditor) · 6 (000s)
- Ben Nevis Specialty Limited · Entity controlled by the Company · Amounts owed by/(to) group undertakings; debtor/(creditor) · (1,056) (000s)
- Ben Nevis Specialty Limited · Entity controlled by the Company · Amounts owed by/(to) group undertakings; debtor/(creditor) · (1,460) (000s)
Share classes (2)
- 907,459,144 Ordinary shares of $1
- 905,805,964 Ordinary shares of $1
Events after the year end (2)
- On 27 February 2026, the Group announced an agreement to buy Shields Reinsurance Brokers Limited, a reinsurance broker based in Dubai; the transaction is subject to regulatory approval and expected to complete in Q2 2026.
- MICAL Limited, a dormant subsidiary of the Company, was voluntarily struck off on 6 January 2026.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesAll Assets · created 2021-03-11
—
Outstanding