Cobalt Insurance Holdings Limited
Registered name: COBALT INSURANCE HOLDINGS LIMITED
Part of Trebuchet Secure Group Limited groupCobalt Insurance Holdings Limited made £0 revenue and a £5.9m loss in the year to 31 Dec 2024. read from filing text
Cobalt Insurance Holdings Limited’s revenue was £0 in the year to 31 Dec 2024, with a loss of £5.9m and 2 employees. The company is classified under “non-life insurance” and is based in Manchester; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- Manchester, North West
- Age
- 14 yrs · since 2012
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The parent company of Cobalt Insurance Holdings Limited is Trebuchet Secure Group Limited and its registered office 3-5 Greyfriars Business Park, Frank Foley Way, Stafford, ST16 2ST.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Profit only | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | — | £0 | £0 |
| Operating profit | — | −£148k | −£5.8m |
| Profit before tax | — | −£308k | −£5.9m |
| Profit after tax | −£198k | −£176k | −£5.9m |
| Profit (best available) | −£198k | −£176k | −£5.9m |
| Staff costs | £416k | £432k | £501k |
| Employees (average) | 3 | 3 | 2 |
| Ratios | |||
| Profit margin | — | — | — |
| Revenue per employee | — | £0 | £0 |
| Profit per employee | −£65.9k | −£58.6k | −£3m |
| Growth (year on year) | |||
| Headcount growth | — | 0% | ▼33.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £26.4k | £106k | £10.3k |
| Net assets | — | −£2.3m | −£8.2m |
| Fixed assets | £992 | £562 | £0 |
| Current assets | — | £5.4m | £24.9k |
| Debtors | £0 | £0 | £14.6k |
| Deferred income | £751k | £636k | £711k |
| Cash from operations | £606k | £511k | — |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- −£3m
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£8.2m
- Cash at bank
- ▼90%
- Now £10.3k
- Headcount
- ▼33%
- Now 2
- Deferred income
- ▲12%
- Now £711k
- Fixed assets
- ▼100%
- Now £0
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Trebuchet Secure Group Limitedultimate parent75–100%
- Cobalt Insurance Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- Cobalt Underwriting Services LimitedRev. £79k · Profit £4.5k
- Incept LimitedRev. £0 · Profit −£28.6k
- Title Risk Global LimitedFigures not disclosed
- Trebuchet Investments (UK) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£5.9m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.