PENSION INSURANCE CORPORATION PLC
🌳Matureactive
05706720 · plc · incorporated 2006-02-13
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Other activities auxiliary to insurance and pension funding
Sector: Financial & insurance
Investor take
PursueActive trading company with a 71-year-old founder — textbook succession opportunity.
Opportunity 70/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 71). Biggest value-creation lever: Consolidate lender relationships. 22 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (48/100).
🏦
Refinance opportunity
28 live charges · 21 lenders · oldest 15.2y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 15.2 years old — likely at or near maturity.
- · 21 lenders named — inter-creditor friction likely.
- · Legal-friction score 63/100 (high).
Data confidence
Overall: medium (59/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
28 charges (28/28 with lender, 28/28 with type)
90
Directors & officers
50 officers (11 active, 50 linked, 45 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
255 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 auditors
Last 90 days
11
filings
- • 9 officers
- • 1 auditors
- • 1 mortgage
Last 180 days
15
filings
- • 11 officers
- • 3 mortgage
- • 1 auditors
Counts from Companies House filing history.
Corporate timeline (142 events)Click to expand
- 2026-05-21📄auditors-resignation-companyauditors · AUD
- 2026-04-01➕PATEL, Hiteshkumar Rameshchandra appointeddirector
- 2026-04-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-04-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-27➕HUMPHREYS, Alexander Wallace appointeddirector
- 2026-03-27➕SOLASH, Todd Paul appointeddirector
- 2026-03-27➖BLAIR, Jake Anthony resigneddirector
- 2026-03-27➖BRIDGELAND, Sally resigneddirector
- 2026-03-27➖GOH, Julia resigneddirector
- 2026-03-27➖KING, Stuart resigneddirector
- 2026-03-27➖RUTLAND, Peter William James resigneddirector
- 2026-03-27➖VAN ZYL, Frederik Wilhelm resigneddirector
- 2026-03-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-25🔒Charge registered #28Lender: Pension Insurance Corporation PLC (As Security Agent)
- 2026-01-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-01-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-01-19🔒Charge registered #27Lender: Rga Americas Reinsurance Company LTD
- 2026-01-19🔒Charge registered #26Lender: Rga Americas Reinsurance Company LTD
- 2026-01-09📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-31➖BLACKWELL, Tracy Marie resigneddirector
- 2025-12-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-06🔒Charge registered #25Lender: Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft in Munchen
- 2025-11-06🔒Charge registered #24Lender: Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft in Munchen
- 2025-07-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-30➖KITTS, Arno resigneddirector
- 2025-05-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-16🔒Charge registered #23Lender: Hannover Ruck SE
- 2025-05-12📄accounts-with-accounts-type-groupaccounts · AA
- 2025-04-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-16🔒Charge registered #22Lender: Rga Americas Reinsurance Company, LTD
- 2025-01-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-01➕GRAHAM, Tracey appointeddirector
- 2025-01-01➕PIKE, Martin St Clair appointeddirector
- 2024-12-31➖MARSHALL, Roger Michael James resigneddirector
- 2024-12-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-16➕GRIFFITHS, Martin appointedsecretary
- 2024-12-16➖INWARD, Louise resignedsecretary
- 2024-05-01🔒Charge registered #21Lender: Rga Americas Reinsurance Company LTD
- 2023-12-31➖STEPHEN, Thomas Mark resigneddirector
- 2023-09-01➕MOSS, Andrew appointeddirector
Showing most recent 50 of 142 events
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -10 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
Red flags
2 med · 1 low8 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: BLACKWELL, Tracy Marie resigned 2025-12-31; BLAIR, Jake Anthony resigned 2026-03-27; BRIDGELAND, Sally resigned 2026-03-27
5 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-03-25: A registered charge; 2026-01-19: A registered charge; 2026-01-19: A registered charge
28 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Pic Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Pic Holdings Limited
Corporate parent · holds 75-100% shares
⬇
PENSION INSURANCE CORPORATION PLC
This company · 05706720
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Pic Holdings Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Financial services · EC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AMIGA SPECIALTY LIMITED→ 16439468 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMPATH INVESTMENTS UK LIMITED→ 12427797 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ANCORA FINANCE GROUP LIMITED→ 16424827 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANDY TALBOT LTD→ 16408778 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANGELS IN MEDCITY LIMITED→ 10004983 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ANGRA LIMITED→ 06953910 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ANITA VENETIAN TRADING CORPORATION LTD→ 11392998 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ANOMALOUS INVESTMENTS 2 LTD→ 16673352 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANTARES CAPITAL I LIMITED→ 07061882 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ANTARES GLOBAL MANAGEMENT LIMITED→ 02676622 · est 1992 · no financials extracted | — | — | — | — | 34y | — | — |
| ANTARES INSURANCE COMPANY LIMITED→ 13763689 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ANTARES UNDERWRITING LIMITED→ 06304562 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeplc
Incorporated2006-02-13
Jurisdictionengland-wales
Primary SIC66290 — Other activities auxiliary to insurance and pension funding
Registered office
22 Ropemaker Street
London
EC2Y 9AR
United Kingdom
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-13
Last: 2025-07-30
Officers (11 active · 39 resigned)
Active
EDEN, Judith Elizabeth→
Activedirector · ~62y · appointed 2019-08-01
View their other companies + combined net worth →
GRAHAM, Tracey→
Activedirector · ~61y · appointed 2025-01-01
View their other companies + combined net worth →
HUMPHREYS, Alexander Wallace→
Activedirector · ~45y · appointed 2026-03-27
View their other companies + combined net worth →
MOSS, Andrew→
Activedirector · ~62y · appointed 2023-09-01
View their other companies + combined net worth →
MOURGUE D'ALGUE, Jerome→
Activedirector · ~56y · appointed 2018-11-20
View their other companies + combined net worth →
PATEL, Hiteshkumar Rameshchandra→
Activedirector · ~65y · appointed 2026-04-01
View their other companies + combined net worth →
PIKE, Martin St Clair→
Activedirector · ~65y · appointed 2025-01-01
View their other companies + combined net worth →
SOLASH, Todd Paul→
Activedirector · ~51y · appointed 2026-03-27
View their other companies + combined net worth →
VENEY, Dominic→
Activedirector · ~50y · appointed 2021-12-10
View their other companies + combined net worth →
WEYMOUTH, David Avery→
Activedirector · ~71y · appointed 2022-10-01
View their other companies + combined net worth →
INWARD, Louise→
Resignedsecretary · appointed 2015-09-23 · resigned 2024-12-16
THOMSON, David Malcolm→
Resignedsecretary · appointed 2006-09-06 · resigned 2015-09-23
CLIFFORD CHANCE SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2006-02-13 · resigned 2010-01-27
TMF CORPORATE ADMINISTRATION SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2010-01-27 · resigned 2015-09-23
AISBITT, Jonathan Robert→
Resigneddirector · ~69y · appointed 2016-10-14 · resigned 2022-10-31
BLACKWELL, Tracy Marie→
Resigneddirector · ~59y · appointed 2011-07-07 · resigned 2025-12-31
BLAIR, Jake Anthony→
Resigneddirector · ~51y · appointed 2021-06-07 · resigned 2026-03-27
BOWE, Amanda Helen→
Resigneddirector · ~58y · appointed 2017-01-01 · resigned 2018-12-06
BRIDGELAND, Sally→
Resigneddirector · ~62y · appointed 2021-01-28 · resigned 2026-03-27
Click a director name to see their full track record across all companies.
Mortgages & charges
28
Total charges
28
Outstanding
21
Active lenders
Status:Lender:28 of 28 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Pension Insurance Corporation (As Security Agent) Pension Insurance Corporation PLC (As Security Agent) | A registered charge | — | 25/03/2026 | — | |
| outstanding | Rga Americas Reinsurance Company Rga Americas Reinsurance Company LTD | A registered charge | 1 property | 19/01/2026 | — | |
| outstanding | Rga Americas Reinsurance Company Rga Americas Reinsurance Company LTD | A registered charge | 1 property | 19/01/2026 | — | |
| outstanding | Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft in Munchen | A registered charge | 1 property | 06/11/2025 | — | |
| outstanding | Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft in Munchen | A registered charge | 1 property | 06/11/2025 | — | |
| outstanding | Hannover Ruck SE | A registered charge | — | 16/05/2025 | — | |
| outstanding | Rga Americas Reinsurance Company, Rga Americas Reinsurance Company, LTD | A registered charge | — | 16/04/2025 | — | |
| outstanding | Rga Americas Reinsurance Company Rga Americas Reinsurance Company LTD | A registered charge | — | 01/05/2024 | — | |
| outstanding | Deutsche Bank A.G. | A registered charge | 1 property | 01/09/2021 | — | |
| outstanding | Bnp Paribas | A registered charge | — | 01/09/2021 | — | |
| outstanding | Goldman Sachs International | A registered charge | 1 property | 16/07/2021 | — | |
| outstanding | Ubs Ag (And Its Successors in Title and Permitted Transferees) | A registered charge | — | 28/06/2021 | — | |
| outstanding | Pacific Life Re Pacific Life Re Limited | A registered charge | — | 07/04/2021 | — | |
| outstanding | Metropolitan Tower Life Insurance Company | A registered charge | — | 11/06/2020 | — | |
| outstanding | Metropolitan Tower Life Insurance Company | A registered charge | — | 11/06/2020 | — | |
| outstanding | The Canada Life Assurance Company Acting Through Its Barbados Branch | A registered charge | — | 18/05/2020 | — | |
| outstanding | Swiss Re Europe S.A. , UK Branch (And Its Successors in Title and Permitted Transferees) | A registered charge | — | 31/10/2019 | — | |
| outstanding | Scor Global Life SE - UK Branch as the Secured Party | A registered charge | — | 27/02/2018 | — | |
| outstanding | Va Tech (UK) Pension Scheme Trust Va Tech (UK) Pension Scheme Trust Limited | A registered charge | 1 property | 13/12/2015 | — | |
| outstanding | The Prudential Insurance Company of America | A registered charge | — | 24/06/2015 | — | |
| outstanding | The Prudential Insurance Company of America | A registered charge | — | 23/04/2015 | — | |
| outstanding | Va Tech (UK) Pension Scheme Trustee as Trustee of the Va Tech (UK) Pension Scheme Va Tech (UK) Pension Scheme Trustee Limited as Trustee of the Va Tech (UK) Pension Scheme | A registered charge | 1 property | 18/07/2014 | — | |
| outstanding | Assured Guaranty Muncipal Corp. / Assured Guaranty (Europe) Assured Guaranty Muncipal Corp. / Assured Guaranty (Europe) LTD | A registered charge | 1 property | 26/03/2014 | — | |
| outstanding | Emi Group Pension Trustees Emi Group Pension Trustees Limited | A registered charge | 1 property | 05/07/2013 | — | |
| outstanding | Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft in Munchen | A deed of charge over the fee collateral account and deposit moneys | 1 property | 11/12/2012 | — | |
| outstanding | Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft in Munchen | Deed of charge over the fee collateral account and deposit moneys | 1 property | 10/07/2012 | — | |
| outstanding | Rga International Reinsurance Company Rga International Reinsurance Company Limited | Cedant deed of charge | 1 property | 25/03/2011 | — | |
| outstanding | Rga Global Reinsurance Company Rga Global Reinsurance Company Limited | Cedant deed of charge | 1 property | 25/03/2011 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (255 total)
auditors-resignation-company
auditors · AUD
2026-05-21
appoint-person-director-company-with-name-date
officers · AP01
2026-04-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-01
appoint-person-director-company-with-name-date
officers · AP01
2026-03-27
appoint-person-director-company-with-name-date
officers · AP01
2026-03-27
termination-director-company-with-name-termination-date
officers · TM01
2026-03-27
termination-director-company-with-name-termination-date
officers · TM01
2026-03-27
termination-director-company-with-name-termination-date
officers · TM01
2026-03-27
termination-director-company-with-name-termination-date
officers · TM01
2026-03-27
termination-director-company-with-name-termination-date
officers · TM01
2026-03-27
termination-director-company-with-name-termination-date
officers · TM01
2026-03-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-23
change-person-director-company-with-change-date
officers · CH01
2026-01-09
termination-director-company-with-name-termination-date
officers · TM01
2025-12-31