ARBUTHNOT BANKING GROUP PLC
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Cash
—
Latest balance sheet
Net assets
£276M
+3.5% highest in 3 filed years
Employees
954
+4.4% highest in 3 filed years
Profit before tax
£24M
-31.1% lowest in 3 filed years
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Net interest income | — | £125,867,000 | £118,126,000 | -6.2% | |
| Fee & commission income | — | £28,113,000 | £30,245,000 | +7.6% | |
| Operating income | — | £153,980,000 | £148,371,000 | -3.6% | |
| Impairment losses | — | £6,275,000 | £2,501,000 | -60.1% | |
| Profit before tax | £47,117,000 | £35,090,000 | £24,184,000 | -31.1% | |
| Net profit | £35,379,000 | £24,854,000 | £17,810,000 | -28.3% | |
| Loans & advances to customers | — | £2,094,212,000 | £1,960,542,000 | -6.4% | |
| Customer deposits | — | £4,132,493,000 | £4,570,365,000 | +10.6% | |
| Total assets | £4,343,840,000 | £4,729,227,000 | £4,997,838,000 | +5.7% | |
| Total liabilities | — | £4,462,271,000 | £4,721,440,000 | +5.8% | |
| Equity | £252,440,000 | £266,956,000 | £276,398,000 | +3.5% | |
| Average employees | 799 | 914 | 954 | +4.4% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 79.5% | 89.6% | — | |
| Net margin | 19.8% | 13.8% | — | |
| Gearing (liabilities / total assets) | 94.2% | 94.4% | 94.5% | |
| Current ratio | 1.05x | 1.00x | — | |
| Interest cover | 1.49x | 1.28x | — |
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 5 times since incorporation
- ARBUTHNOT BANKING GROUP PLC 2005-06-01 → present
- SECURE TRUST BANKING GROUP PLC 1998-07-01 → 2005-06-01
- SECURE TRUST GROUP PUBLIC LIMITED COMPANY 1998-05-22 → 1998-07-01
- SECURE TRUST GROUP PUBLIC LIMITED COMPANY 1988-05-26 → 1998-05-22
- SECURE HOMES TRUST LIMITED 1986-02-25 → 1988-05-26
- LEGIBUS 643 LIMITED 1985-11-04 → 1986-02-25
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have reasonable expectation that the group will be able to continue in operational existence for at least twelve months from when the financial statements are authorised for issue.”
Group structure
- ARBUTHNOT BANKING GROUP PLC · parent
- Arbuthnot Latham & Co. Limited 100%
- Arbuthnot Investments Limited 100%
- Arbuthnot Properties Limited 100%
- Arbuthnot Unit Trust Management Limited 100%
- Gillat Financial Solutions Limited 100%
- Arbuthnot Commercial Asset Based Lending Limited 100%
- Arbuthnot Latham (Nominees) Limited 100%
- Arbuthnot Securities Limited 100%
- Arbuthnot Specialist Finance Limited 100%
- Asset Alliance Group Holdings Limited 100%
- Asset Alliance Leasing Limited 100%
- ATE Truck & Trailer Sales Limited 100%
- Forest Asset Finance Limited 100%
- John & Gillat Co. Limited 100%
- Pinnacle Distribution Limited 100%
- Renaissance Asset Finance Limited 100%
- AAG Traffic Management Limited 100%
- Valley Finance Limited 100%
Significant events
- “The Group reported a profit of £24.2m compared to £35.1m for the prior year. The reduction in reported profit was expected, partly due to a lower base rate than the prior period resulting in reduced interest income from the Bank’s liquidity balances held at the Bank of England.”
- “During 2025 the Bank of England reduced its base rate with four consecutive cuts of 25 basis points each time, to end the year at 3.75%. This reduction in revenue from reserves will directly impact the Group’s profitability.”
- “The Bank continued to develop its strategic plan with the loan portfolios growing in both our asset finance division ('RAF') and our commercial vehicle leasing business ('AAG').”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
12 active · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JENNINGS, Nicholas David De Burgh | Secretary | 2018-07-17 | — | — |
| ALMOND, Jayne Doreen | Director | 2023-09-01 | Nov 1957 | British |
| ANGEST, Frederick Alexander Henry | Director | 2022-09-01 | Mar 1995 | British |
| ANGEST, Henry, Sir | Director | — | Jul 1940 | British |
| BOARDMAN, Nigel Patrick Gray | Director | 2019-06-01 | Oct 1950 | British |
| COBB, James Robert | Director | 2008-11-01 | Dec 1968 | British |
| CROSSWELL, Charlotte Louise Benham | Director | 2025-07-16 | Jul 1972 | British |
| FLETCHER, Stephen John | Director | 2026-06-01 | Jul 1961 | British |
| GABBERTAS, Richard Kenneth | Director | 2024-07-02 | Aug 1959 | British |
| KNIGHT, Angela Ann | Director | 2023-09-01 | Oct 1950 | British |
| SALMON, Andrew Alfred | Director | 2004-03-08 | Oct 1962 | British |
| SASSOON, James Meyer, Lord | Director | 2023-09-01 | Sep 1955 | British |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KAYE, Jeremy Robin | Secretary | — | 2018-07-17 |
| AIREY, Christopher Jonathan | Director | 2003-01-14 | 2003-04-07 |
| BROWN, Mark Finlay | Director | 2005-02-10 | 2008-06-01 |
| BUSSEY, Michael Adrian | Director | 2007-10-01 | 2009-11-03 |
| DEAKIN, Keith Nicholas Francis | Director | 2003-01-01 | 2007-02-05 |
| DEWAR, Ian Andrew | Director | 2015-08-01 | 2025-05-21 |
| ERITH, Robert Felix | Director | — | 1994-05-19 |
| FLEMING, James William | Director | 2012-03-01 | 2016-04-14 |
| HENDERSON, Ian Arthur | Director | 2016-05-06 | 2018-08-31 |
| JENNISON, Gary Antony | Director | 2006-09-25 | 2010-05-10 |
| KIRTON, Neil William | Director | 2008-06-01 | 2011-12-29 |
| LASCELLES, David Richard | Director | 2003-06-01 | 2007-05-22 |
| LEA, Ruth Jane | Director | 2005-11-01 | 2016-05-05 |
| LOCKLEY, Stephen John | Director | 1994-06-20 | 2006-09-30 |
| LYNAM, Paul Anthony | Director | 2010-09-13 | 2018-08-08 |
| MEYER, Christopher John Rome, Sir | Director | 2007-10-01 | 2022-05-25 |
| OMALLEY, Thomas Anthony | Director | — | 1995-11-07 |
| PASTON, Ronald | Director | — | 2002-06-30 |
| PEARSON, Derek | Director | 2003-01-01 | 2007-02-05 |
| PEAT, Michael, Sir | Director | 2008-01-15 | 2010-03-11 |
| PROCTOR, Dean Michael | Director | 2009-11-03 | 2012-03-01 |
| REED, John | Director | 2003-06-01 | 2008-06-01 |
| SHERIFF, Paul Nigel | Director | 2006-10-01 | 2008-10-31 |
| TALBOT RICE, Nicholas Charles | Director | — | 1993-05-18 |
| TURRELL, Atholl Denis, Dr | Director | 2004-03-01 | 2011-12-31 |
| WAKELIN, Anthony Colin | Director | 1999-01-01 | 2006-12-31 |
| WICKHAM, Robert Joseph Johnstone | Director | 1993-12-06 | 2015-12-31 |
| YARROW, Alan Colin Drake, Sir | Director | 2016-06-10 | 2025-05-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Flowidea Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2017-07-24 | Active |
Filing timeline
Last 20 of 354 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-05-29 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-01 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-31 | AA | accounts | Accounts with accounts type group | |
| 2025-07-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-06 | AA | accounts | Accounts with accounts type group | |
| 2025-05-29 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-31 | CH01 | officers | Change person director company with change date | |
| 2024-10-10 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-08-21 | CH01 | officers | Change person director company with change date | |
| 2024-08-20 | CH01 | officers | Change person director company with change date | |
| 2024-08-20 | CH01 | officers | Change person director company with change date | |
| 2024-08-20 | CH01 | officers | Change person director company with change date | |
| 2024-08-20 | CH01 | officers | Change person director company with change date | |
| 2024-08-12 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-07-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-10 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-06-06 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 0
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.