THE FINANCIAL CONDUCT AUTHORITY
Operating independently of the UK government as a company limited by guarantee, the Financial Conduct Authority is the statutory regulatory body responsible for overseeing financial services firms and maintaining market integrity.
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Cash
£441m
+12.2% highest in 3 filed years
Net assets
£558m
+9% highest in 3 filed years
Employees
5,677
+5.5% highest in 3 filed years
Profit before tax
—
Period ending 2026-03-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
8 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Industrials median
THE FINANCIAL CONDUCT AUTHORITY·Industrials median
THE FINANCIAL CONDUCT AUTHORITY·Industrials median
THE FINANCIAL CONDUCT AUTHORITY·Industrials median
THE FINANCIAL CONDUCT AUTHORITY·Industrials median
THE FINANCIAL CONDUCT AUTHORITY·Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Total income | £758,300,000 | £842,000,000 | £860,400,000 | +2.2% | |
| Operating profit | -£3,400,000 | £44,500,000 | — | — | |
| Profit before tax | £6,500,000 | £57,100,000 | — | — | |
| Net profit | -£44,800,000 | £48,500,000 | £31,300,000 | -35.5% | |
| Cash | £311,700,000 | £393,000,000 | £440,800,000 | +12.2% | |
| Total assets less current liabilities | £266,200,000 | — | — | — | |
| Net assets | £23,400,000 | £512,300,000 | £558,200,000 | +9% | |
| Equity | £23,400,000 | £512,300,000 | £558,200,000 | +9% | |
| Average employees | 4,995 | 5,379 | 5,677 | +5.5% | |
| Wages | £354,200,000 | £394,200,000 | £417,100,000 | +5.8% | |
| Directors' remuneration | £640,000 | £2,570,000 | £2,780,000 | +8.2% | |
| Directors' pension contributions | £61,000 | £67,000 | — | — | |
| Highest paid director | £469,788 | £49,200,000 | £51,400,000 | +4.5% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | -0.4% | 5.3% | — | |
| Net margin | -5.9% | 5.8% | 3.6% | |
| Return on capital employed | -1.3% | — | — | |
| Gearing (liabilities / total assets) | 96.3% | 45.0% | 42.7% | |
| Current ratio | 0.92x | 1.68x | — | |
| Interest cover | -0.68x | 9.27x | — |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- THE FINANCIAL CONDUCT AUTHORITY 2013-04-02 → present
- THE FINANCIAL SERVICES AUTHORITY 1997-10-28 → 2013-04-02
- THE SECURITIES AND INVESTMENTS BOARD 1987-08-20 → 1997-10-28
- SECURITIES AND INVESTMENTS BOARD LIMITED(THE) 1985-06-07 → 1987-08-20
Audit & accounting basis
- Accounting basis
- UK adopted International Accounting Standards
- Reporting scope
- Standalone (parent only)
- Auditor
- Comptroller and Auditor General
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
Significant events
- “The Financial Services and Markets Bill, which contains measures directly relevant to the FCA's remit including the merging of the FCA and PSR, received its first reading in the House of Lords on 19 May 2026 and second reading in the House of Commons on 8 June 2026. It is expected to receive Royal Assent in 2027, subject to parliamentary procedure taking its course.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 103 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARORA, Nisha Anumeha | Secretary | 2026-05-05 | — | — |
| ALDER, Ashley Ian | Director | 2023-02-20 | Jun 1959 | British |
| BALL, John Eric | Director | 2025-05-27 | Mar 1962 | British |
| BLACK, Julia Mary, Professor | Director | 2025-05-12 | Jan 1967 | British |
| BRADDICK, Katharine Mary | Director | 2026-07-01 | Jun 1974 | British |
| HUTCHERSON, Sophie Louise | Director | 2023-04-17 | Apr 1965 | British |
| KIMBER, Anita Debora | Director | 2025-05-12 | Apr 1964 | British |
| MALRAIT, Stephane Jean-Pierre | Director | 2025-10-20 | Aug 1966 | French |
| RATHI, Nikhil | Director | 2020-10-01 | Aug 1979 | British |
| ZHANG, Zheng | Director | 2024-02-19 | Jan 1979 | British |
Show 103 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALLEN, Timothy Edward | Secretary | — | 1998-07-31 |
| BAKE, Miles | Secretary | 2022-03-23 | 2023-12-31 |
| BROWN, Kenneth Iain | Secretary | 2004-12-01 | 2012-05-31 |
| DAY, Sarah Louise | Secretary | 2026-03-16 | 2026-05-04 |
| HAGUE, William | Secretary | 2024-01-01 | 2024-06-30 |
| HALL, Tobias Ralph | Secretary | 2024-07-01 | 2026-03-16 |
| KING, Geoffrey William | Secretary | 1998-10-14 | 2004-12-01 |
| PEARCE, Simon Marshall | Secretary | 2012-06-01 | 2022-03-23 |
| SKEELS, Jennifer Elizabeth Caroline | Secretary | 1998-08-01 | 1998-10-14 |
| ADAMSON, Clive Peter | Director | 2013-04-01 | 2015-01-30 |
| ALEXANDER OF WEEDON, Robert Scott, Lord | Director | 1994-01-01 | 1996-12-31 |
| BAILEY, Andrew, Dr | Director | 2013-04-01 | 2020-03-13 |
| BLACK, Moira Elizabeth | Director | 1998-12-01 | 2004-12-01 |
| BOYD, Stewart Craufurd | Director | 1999-03-01 | 2004-03-31 |
| BRADLEY, Catherine Annick Caroline | Director | 2014-08-02 | 2020-07-31 |
| BRIAULT, Clive Bramwell | Director | 2004-04-01 | 2008-04-30 |
| CHILD, Denis Marsden | Director | — | 1992-07-31 |
| CLEMENTI, David Cecil, Sir | Director | 1997-09-01 | 2002-08-31 |
| COLE, Margaret | Director | 2010-09-07 | 2012-03-31 |
| COLEMAN, Liam John | Director | 2019-11-05 | 2025-10-09 |
| CONROY, Bernadette Sarah | Director | 2020-04-06 | 2026-04-05 |
| CRAVEN, John Anthony, Sir | Director | — | 1993-10-31 |
| CROFT, Roy Henry Francis | Director | — | 1993-04-12 |
| CROSBY, James Robert, Sir | Director | 2004-01-15 | 2009-02-11 |
| DAVIDSON, Janet Amanda Margaret | Director | 2010-05-01 | 2016-03-31 |
| DAVIES, Howard John, Sir | Director | 1996-07-01 | 2003-09-21 |
| DAWSON, Sandra, Professor Dame | Director | 2010-05-01 | 2013-03-31 |
| DE SWAAN, Tommy | Director | 2001-01-19 | 2007-01-18 |
| DEWAR, Sally Marie | Director | 2008-01-09 | 2011-01-09 |
| FAIRBAIRN, Carolyn Julie | Director | 2007-12-11 | 2011-12-31 |
| FARRANT, Richard Henry | Director | 1998-06-01 | 1999-01-31 |
| FISHER, Peter Ryerson | Director | 2007-01-19 | 2013-03-31 |
| FLANAGAN, Brian John | Director | 2007-01-19 | 2013-02-28 |
| FLETCHER, Amelia | Director | 2013-04-01 | 2020-03-31 |
| FOOT, Michael David Kenneth Willoughby | Director | 1998-06-01 | 2004-05-31 |
| FORSEKE, Karin Birgitta | Director | 2004-12-01 | 2012-07-03 |
| FRIED, Bradley | Director | 2016-04-01 | 2018-06-30 |
| GARDINER, John Anthony | Director | — | 1993-12-31 |
| GIEVE, Edward John Watson, Sir | Director | 2006-01-16 | 2009-02-28 |
| GILMORE, Rosalind Edith Jean | Director | 1993-12-01 | 1996-11-30 |
| GRIFFITH-JONES, John Guthrie | Director | 2012-09-01 | 2018-03-31 |
| HARKER, Ronald David | Director | 2013-04-01 | 2015-03-03 |
| HAZOU, Kyra | Director | 2001-01-19 | 2007-01-18 |
| HOGG, Sarah Elizabeth Mary, Baroness | Director | 2016-04-01 | 2020-09-24 |
| HUTTON, Deirdre Mary, Dame | Director | 1997-12-11 | 2007-12-10 |
| JACK, Robert Barr, Professor | Director | 1994-11-01 | 1997-10-31 |
| KELLY, Ruth Maria, Rt Honorable | Director | 2016-04-01 | 2019-03-31 |
| KENMIR, David Forbes | Director | 2004-04-01 | 2009-03-31 |
| KENNEDY, John Maxwell | Director | 1993-12-01 | 1998-11-30 |
| LARGE, Andrew Mcleod Brooks, Sir | Director | 2002-09-10 | 2006-01-15 |
| LARGE, Andrew Mcleod Brooks, Sir | Director | — | 1997-07-31 |
| LESSELS, Norman | Director | — | 1994-07-31 |
| LICHNER, Jeannette Ann | Director | 2020-04-01 | 2023-04-01 |
| LLOYD, Richard James | Director | 2019-04-01 | 2026-03-31 |
| MANSER, Peter John | Director | — | 1993-12-31 |
| MAYNARD, Alice Mary | Director | 2019-11-05 | 2025-11-04 |
| MCATEER, Michael Gerard | Director | 2009-11-01 | 2015-12-31 |
| MCCARTHY, Malcolm Christopher, Sir | Director | 2003-09-22 | 2008-09-19 |
| MCDERMOTT, Tracey Elizabeth | Director | 2013-04-01 | 2016-06-30 |
| MCDONALD, Oonagh Ann, Doctor | Director | 1993-12-01 | 1998-11-30 |
| MILES, David Kenneth | Director | 2004-04-01 | 2009-07-31 |
| NOTT, Gillian | Director | 1998-12-01 | 2004-12-01 |
| OATES, John Keith | Director | 1998-02-16 | 2001-02-15 |
| PAIN, Jonathan Charles | Director | 2008-09-08 | 2011-01-29 |
| PALMER, Thomas Joseph | Director | — | 1993-09-22 |
| PALMER, Thomas Joseph | Director | — | 1992-08-01 |
| PLATT, Jane Christine | Director | 2013-04-01 | 2019-03-31 |
| POMEROY, Brian Walter, Sir | Director | 2009-11-01 | 2016-03-31 |
| QUARTANO, Ralph Nicholas | Director | — | 1993-07-31 |
| RANDELL, Charles David | Director | 2018-04-01 | 2022-05-31 |
| RODRIGUES, Christopher John | Director | 1997-12-11 | 2003-12-10 |
| ROSS RUSSELL, Graham | Director | — | 1993-10-31 |
| RUNCIMAN, Walter Garrison, Viscount | Director | — | 1998-12-31 |
| SAGGAR, Shamit | Director | 1998-12-01 | 2004-12-01 |
| SANTS, Hector William Hepburn | Director | 2004-05-04 | 2012-06-30 |
| SCOTT, Andrew, Professor | Director | 2009-11-01 | 2013-03-31 |
| SCOTT, Esme | Director | — | 1993-09-02 |
| SERGEANT, Carol Frances | Director | 2001-06-01 | 2003-11-07 |
| SLACK, Michael Dennis | Director | 2004-12-01 | 2009-10-31 |
| SMITH OF KELVIN, Robert Haldane, Lord | Director | 1997-12-11 | 2000-12-10 |
| STACE, Nicholas Charles | Director | 2017-04-01 | 2020-01-29 |
| STEVENSON, Hugh Alexander | Director | 2004-06-01 | 2010-06-01 |
| STEWARTBY, Bernard Harold Ian Halley, Lord | Director | 1993-12-01 | 1997-11-30 |
| STRACHAN, James | Director | 2009-11-01 | 2013-03-31 |
| THIEKE, Stephen Gerard | Director | 2002-11-01 | 2005-06-30 |
| THIEKE, Stephen Gerard | Director | 1997-12-11 | 2000-12-10 |
| THORPE, Phillip Andrew | Director | 1998-06-01 | 2001-05-31 |
| TINER, John Ivan | Director | 2001-06-01 | 2007-07-19 |
| TITCOMB, Lesley Jane | Director | 2013-04-01 | 2015-01-31 |
| TUCKER, Paul | Director | 2009-03-01 | 2013-03-31 |
| TURNER, Jonathan Adair, Lord | Director | 2008-09-20 | 2013-03-31 |
| VALLETTI, Tommaso, Professor | Director | 2019-11-05 | 2022-11-04 |
| WALSH, Aidene Frances | Director | 2023-08-29 | 2026-01-25 |
| WARWICK, Leonard John | Director | — | 1996-10-31 |
| WATERHOUSE, Rachel Elizabeth | Director | — | 1992-07-31 |
| WHEATLEY, Martin | Director | 2011-09-01 | 2015-09-11 |
| WHITSON, Keith Roderick, Sir | Director | 1998-12-01 | 2003-05-30 |
| WILKINSON, Clive Victor | Director | 2001-01-19 | 2007-01-18 |
| WILLIAMSON, Robert Brian, Sir | Director | — | 1998-10-31 |
| WINCKLER, Andrew Stuart | Director | 1994-03-01 | 1998-01-31 |
| WOODS, Samuel Richard | Director | 2016-07-01 | 2026-06-30 |
| WOOLARD, Christopher John | Director | 2015-08-01 | 2020-10-01 |
| YOUNG, John Robert Chester | Director | 1993-04-13 | 1997-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hm Treasury | Corporate entity | Appoints directors | 2016-08-24 | Active |
Filing timeline
Last 20 of 445 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-08 | AA | accounts | Accounts with accounts type group | |
| 2026-07-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-07-13 | CH01 | officers | Change person director company with change date | |
| 2026-07-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-07-07 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-05-05 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-04-08 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-03-16 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-02-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-20 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-05 | AA | accounts | Accounts with accounts type group | |
| 2025-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-12 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 8
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.