Arag PLC
The principal activity of the Company in the year under review was that of the provision of a wide range of legal expenses and assistance insurance and legal services to individuals and businesses, sold through a select number of insurance brokers, agents, insurers and solicitors. The Company underwrites UK insurance under binding and delegated authorities granted by a number of UK authorised insurers. Reinsurance is separately placed between these insurers and ARAG SE based in Germany.
Revenue
£17.0m
▲ +8.5% vs prior ~12m period
Profit after tax
£342k
Margin 2.7%
Employees
146
▲ +9.0% vs prior ~12m period
Net assets
£11.5m
Total assets £52.2m
Financial history
Revenue by accounting period
2 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2022 | £17.0m | ▲ +8.4% | £488k | 146 | £11.5m |
| 31 Dec 2021 | £15.6m | — | £1.9m | 134 | £12.4m |
Latest available figures
Period ending 31 Dec 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
These are the most recent accounts available to us; more recent accounts may exist at Companies House.
Profit & loss
- Revenue
- £17.0m
- Gross profit
- £13.7m
- Operating profit
- £464k
- Profit before tax
- £488k
- Profit after tax
- £342k
Balance sheet
- Total assets
- £52.2m
- Cash
- £16.4m
- Total liabilities
- £40.7m
- Net assets
- £11.5m
- Revenue per employee
- £116k
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