AVIVA PLC

1. Risk Rating

LOW — on registry/compliance indicators only; financial risk remains unverified.

The provided record shows an active public limited company, group accounts filed, no liquidation/administration/receivership status, and no overdue filings. However, the extract contains no financial statements, solvency metrics, liquidity data, or insurance regulatory capital information. For a large insurance group, those are essential to a proper risk assessment, so the low rating applies only to the limited Companies House-type data available.

2. Key Concerns

1. Absence of financial and solvency data
   No balance sheet, profit and loss, cash flow, debt maturity, or regulatory capital figures are provided. For an insurer, solvency capital coverage and liquidity are central. Without these, I cannot independently assess the company’s ability to meet obligations.

2. Apparent date inconsistencies in filing data
   Accounts made up to 31 December 2025 show a next due date of 30 June 2027. For a UK PLC, accounts are generally due six months after the accounting reference date, which would point to 30 June 2026. The confirmation statement “last made up” date of 10 June 2026 also appears future-dated relative to the current date. These may be data extraction or scheduling anomalies, but they should be verified before relying on the compliance position.

3. Complex group and regulatory exposure not captured by the extract
   The SIC code is “Activities of head offices,” and the company is a large insurance group. Operational stability and regulatory compliance depend on group structure, PRA/FCA authorisations, capital adequacy, and subsidiary oversight — none of which are visible in the provided data. The presented share capital figure of £987 is nominal and not meaningful for solvency analysis.

3. Positive Indicators

• Active PLC status with no indication of liquidation, administration, or receivership.
• No overdue accounts or confirmation statement according to the supplied record, subject to the date anomalies noted above.
• Group accounts are indicated, which is consistent with a large corporate structure.
• Current board and company secretary are recorded; multiple current directors are listed, suggesting established governance infrastructure.
• Long incorporation history since 1990 and consistent name changes through to Aviva PLC support continuity of the legal entity.
• No director disqualification records are included in the provided data, though absence of such records in this extract is not confirmation that none exist.

4. Due Diligence Notes

• Obtain and review the latest audited group annual report and accounts, including the solvency and financial condition report where available.
• Verify key insurance metrics: solvency capital ratio, liquidity coverage, debt maturities, combined operating ratio, and regulatory capital surplus.
• Reconcile the accounts due date and confirmation statement dates directly at Companies House; check for any late filing penalties or correction filings.
• Confirm PRA/FCA regulatory status and review any published regulatory actions or supervisory notices.
• Review board independence, audit committee composition, and director conduct records; the extract lists current officers but does not provide full governance or disqualification history.
• Clarify share capital presentation, shareholder structure, and PSC/control disclosures, noting that a PLC may have dispersed ownership.
• Check the audit opinion, going-concern language, related-party transactions, and group capital flows in the full accounts.
• Treat website data as automatically discovered and not human-verified; confirm material facts from primary regulatory filings.