BGL GROUP LIMITED
Company number 02593690 · Monitor this company
Executive summary
BGL Group Limited is a holding company with artificial credit strength derived almost entirely from its healthy operating subsidiaries. The aggressive dividend extraction has eroded the parent's balance sheet (net assets down 67% to £58m) and depleted cash reserves. While group-level debt facilities and strong subsidiary performance provide a temporary cushion, the entity's financial trajectory is a concern. Conditional approval is warranted, contingent on strict monitoring of dividend cover and the subsidiary's own financial health.
Shareholders' funds
£5,000,000
Balance sheet as at 2025-06-30
What it does
The Company's principal activity is that of management services provision to fellow subsidiaries of BGL (Holdings) Limited (the "Group").
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1991-03-21
- Employees
- 744 (2025 accounts · was 774 in 2024)
- Registered office
- Pegasus House, Bakewell Road Orton Southgate, Peterborough, Cambridgeshire, PE2 6YS
- Postcode
- PE2 6YS
- Capital
- 5,000,000 GBP
- Accounts category
- Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-06-30
- Next due by
- 2027-03-31
- Financial year end
- 30 June
Confirmation statement
- Last statement dated
- 2026-09-24
- Next due by
- 2027-10-08
Nature of business (SIC)
- 64205 Activities of financial services holding companies
Officers 4 current · 32 resigned
Group structure 15 subsidiaries
Controlled by BHL (UK) HOLDINGS LTD — since 2016-06-30
-
ACRAMAN (503) LIMITED Dissolved
-
ADVANCED CLAIMS MANAGEMENT LIMITED Dissolved
-
BAKEWELL PROPERTY DEVELOPMENT LIMITED Dissolved
-
BUDGET FINANCIAL SERVICES LIMITED Dissolved
-
BUDGET GROUP LIMITED Dissolved
-
BUDGET INSURANCE SERVICES LIMITED Dissolved
-
BUDGET RETAIL LIMITED Dissolved
-
FUSION CONTACT CENTRE SERVICES LIMITED Dissolved
-
G F BENNETT (HOLDINGS) LIMITED Dissolved
-
IGOECO LIMITED Dissolved
Showing 12 of 15.
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Global Business Mobility: Senior or Specialist Worker (Worker (A rating)), Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Modern slavery statement
Registered a modern slavery statement for 2021 (period to 2021-06-30) — 2 years on the registry.
Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — Z6137356 (Tier 3), registered since 2002.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Gender pay gap
18.4%
Women's median hourly pay below men's, 2025/26 · around the middle of the pack for parity
Contact details
- Website
- bglgroup.co.uk
Home
Previous company names
| Name | Date changed |
|---|---|
| BUDGET GROUP LIMITED | 2007-05-16 |
| TELE-COVER HOLDINGS LIMITED | 1997-08-19 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| BUDGET HOUSE, BRETTON WAY, BRETTON, PETERBOROUGH. PE3 8BG | 2004-10-08 |
| 17 ELDER STREET, LONDON, E1 6BT | 1993-01-27 |
| 1 SNOW HILL, LONDON, EC1A 2EN | 1991-04-10 |
Among its peers
Top 10%
by shareholders' funds, of 27 similar companies in PE
The largest employer among its local peers (744 staff).
2nd oldest of its local peers, trading since 1991.
No.2 of the largest activities of financial services holding companies companies in Peterborough →
Competitors Peterborough
This company ranks 2 among activities of financial services holding companies in Peterborough.
The class of 1991
49%
of the 20,887 companies incorporated in 1991 are still active today; 46% have since been dissolved.
A fact about the year, not a forecast for this company.