{"name":"BGL GROUP LIMITED","company_number":"02593690","status":"Active","type":"Private Limited Company","incorporated":"1991-03-21","dissolved":null,"registered_office":"Pegasus House, Bakewell Road Orton Southgate, Peterborough, Cambridgeshire, PE2 6YS","postcode":"PE2 6YS","sic_codes":[{"code":64205,"description":"Activities of financial services holding companies"}],"principal_activity":"The Company's principal activity is that of management services provision to fellow subsidiaries of BGL (Holdings) Limited (the \"Group\").","previous_names":[{"name":"BUDGET GROUP LIMITED","changed_on":"2007-05-16"},{"name":"TELE-COVER HOLDINGS LIMITED","changed_on":"1997-08-19"}],"warnings":[],"accounts":{"category":"Full","year_end":"30 June","last_made_up_to":"2025-06-30","next_due":"2027-03-31"},"employees":{"count":744,"accounts_date":"2025-06-30"},"financials":[{"financial_date":"2025-06-30","turnover":91,"profit_loss":172.1,"net_assets":58,"average_employees":744},{"financial_date":"2024-06-30","turnover":87,"profit_loss":127.4,"net_assets":177,"average_employees":774}],"officers":{"current":4,"resigned":32,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":2,"outstanding":2},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":"https://azprd-bglinsurance.cloud.markerstudygroup.com/home","links":{"page":"https://www.companiesintheuk.co.uk/ltd/bgl-group","people":"https://www.companiesintheuk.co.uk/company/bgl-group/people","filing_history":"https://www.companiesintheuk.co.uk/company/bgl-group/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02593690","financials":"https://www.companiesintheuk.co.uk/company/bgl-group/financial","control":"https://www.companiesintheuk.co.uk/company/bgl-group/control","charges":"https://www.companiesintheuk.co.uk/company/bgl-group/charges","pay_gap":"https://www.companiesintheuk.co.uk/company/bgl-group/pay-gap","ai_analysis":"https://www.companiesintheuk.co.uk/company/bgl-group/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/bgl-group"}