Apollo No.16 Limited
Non-life insurance · London
ActiveUnited KingdomIncorporated 2019Private Limited Company
Financial position
Accounts to 2025-12-31 · USD · Company accounts
Net assets
—
Cash
USD 33,997,000
Turnover
USD 73,242,000
Profit / loss
USD 9,539,000
Current assets
—
Creditors < 1 year
—
Equity
USD 16,861,000
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 | 2025-12-3112 months · Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Equity | USD 16,861,000 | USD 7,322,000 |
| Share capital | USD 135,000 | — |
| Retained earnings | USD 16,889,000 | USD 7,350,000 |
| Assets | ||
| Investments | USD 426,326,000 | USD 268,487,000 |
| Cash at bank | USD 33,997,000 | USD 26,415,000 |
| Liabilities | ||
| Assets less current liabilities | USD 1,476,633,000 | USD 1,073,130,000 |
| Profit & loss | ||
| Turnover | USD 73,242,000 | USD 57,659,000 |
| Administrative expenses | USD 6,608,000 | USD 4,672,000 |
| Profit before tax | USD 12,514,000 | USD 4,600,000 |
| Tax | USD 2,975,000 | USD 1,151,000 |
| Profit / loss | USD 9,539,000 | USD 3,449,000 |
| Dividends | USD 16,048,000 | — |
| Operating costs | ||
| Audit fees | USD 68,000 | USD 35,000 |
| 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.
- Comparatives
- Prior-year figures were restated
- Principal activity
- The principal activity of the Company is that of a Lloyd’s Corporate Capital Member, underwriting on the 2023, 2024 and 2025 years of account.
- What it does
- Lloyd’s Corporate Capital Member · insurance underwriting · Lloyd’s insurance market · Syndicates 1969, 1971 and 1972 (AI keywords)
- The year
- The Company continues to write insurance business in the Lloyd’s insurance market as a Lloyd’s Corporate Member, participating on Syndicates 1969 and 1971. The Company also participates on Syndicate 1972 from the 2026 year of account. The financial statements incorporate the annual accounting results of the Syndicates on which the Company participates for the 2023, 2024 and 2025 years of account.
- Outlook
- The Company will continue to act as a Lloyd’s Corporate Capital Member. It participates on Syndicates 1969, 1971 and 1972 for the 2026 year of account.
- Auditor
- Deloitte LLP · senior statutory auditor Daniel Thompson ACA
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Apollo Group Holdings Limited (AGHL) · United Kingdom
- Ultimate parent
- Apollo Group Holdings Limited (AGHL) · United Kingdom
- Ultimate controlling party
- Apollo Group Holdings Limited (AGHL)
- Accounts
- Full accounts · FRS 102
- Approved
- 2026-05-14, signed by HPC RHODES
Share classes (1)
- 135 Ordinary shares
Principal risks (5)
- insurance risk
- credit risk
- market risk
- liquidity risk
- operational risk
Events after the year end (1)
- On 1 January 2026, Skyward Speciality Insurance Group (“Skyward”) acquired 100% of the share capital of AGHL. Skyward is an insurance group whose registered office is 800 Gessner Road, Suite 600, Houston, TX 77024, USA.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesThe Society Incorporated By Lloyd'S Act 1871 By The Name Of Lloyd'S, (Subject Always To The Terms Of Any Trust Deed And Of Any Premiums Trust Deed), Those To Whom A, All The Persons To Whom A Connected Company (As Defined In The Instrument) Is Or May At Any Tim, Those To Whom Any Connected Company Is Obliged To Provide Or Keep Fully Funded Any And Every Ov
Floating · created 2019-12-05
—
Outstanding