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Cash

Latest balance sheet

Net assets

£84m

USD 113,446,000

+1.7% vs 2025

Employees

38

-2.6% vs 2025

Profit before tax

£181k

USD 243,000

+103.7% first positive since 2025

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2024-03-312025-03-312026-03-31 Δ vs prior
Net interest income £9,151,245£9,028,614 -1.3%
Fee & commission income £433,296£12,635 -97.1%
Operating income £9,904,868£8,774,433 -11.4%
Impairment losses £7,614,270£1,045,708 -86.3%
Profit before tax £1,105,909-£4,911,185£180,602 +103.7%
Net profit £1,105,909-£4,911,185£180,602 +103.7%
Loans & advances to customers £253,016,722£258,975,102 +2.4%
Customer deposits £259,110,368£257,394,277 -0.7%
Total assets £378,672,612£357,500,557£414,463,768 +15.9%
Total liabilities £274,557,414£330,148,644 +20.2%
Equity £86,869,565£82,943,144£84,315,124 +1.7%
Average employees 343938 -2.6%

Figures converted to GBP from USD at 0.743 per USD (Frankfurter spot rate) — hover any figure for the original. 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 2024-03-312025-03-312026-03-31
Operating margin 42.3%27.0%
Net margin 9.1%-49.6%
Interest cover 22.88x7.71x

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 1 time since incorporation

  1. UNION BANK OF INDIA (UK) LIMITED 2013-09-18 → present
  2. UBI (UK) LTD 2011-06-01 → 2013-09-18

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Standalone (parent only)
Auditor
Forvis Mazars LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Bank has prepared its financial statement on the basis that it will continue to operate as a going concern for at least 12 months from the date of approval of these financial statements, and for the foreseeable future.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

6 active · 33 resigned

Name Role Appointed Born Nationality
BROWN, Dawn Heather Director 2024-09-26 Jul 1967 British
KUMAR, Rahul Director 2024-03-06 Jan 1985 Indian
LIOW YUNE LOY, Joseph Jerry Director 2023-10-26 Mar 1969 British
PANDEY, Asheesh Director 2025-10-20 Jun 1971 Indian
SANKARNARAYNAN, Ramasubramanian Director 2025-09-01 Jun 1967 Indian
TANTA, Syam Sunder Tantassery Sivaraman Director 2025-07-21 May 1972 Indian
Show 33 resigned officers
Name Role Appointed Resigned
BHAGANI, Bharatkumar Secretary 2017-04-20 2017-07-24
DALE, John Leonard Secretary 2015-12-15 2017-04-20
NATARAJAN, Theyagarajan Secretary 2013-06-26 2014-01-02
POUDEL, Kishor Secretary 2014-08-21 2015-12-17
RAMANATHAN, Sendhil Secretary 2014-01-02 2014-09-02
RAMANATHAN, Sendhil Secretary 2011-06-01 2013-06-25
BISWAL, Manas Ranjan Director 2019-05-01 2022-04-30
CHITTARI AMARAVATI, Kalyan Varma Director 2019-10-02 2022-12-09
CHOUDHARY, Arbind Director 2022-08-23 2025-11-14
DAYANANDA SHETTY, Natesh Kumar Director 2021-12-22 2023-10-23
DWIVEDI, Pankaj Director 2024-05-13 2025-06-24
KARNATAK, Rajneesh Director 2022-05-26 2023-04-29
KERR, John Director 2013-11-14 2021-11-30
KHANNA, Vinod Kumar Director 2011-06-01 2011-12-31
KUMAR, Anand, Dr Director 2013-07-10 2025-06-30
LAL, Kundan Director 2021-02-26 2021-07-23
MAHESHWARAN, Ramamoorthy Director 2012-07-06 2013-02-28
MANIMEKHALAI, Arumugam Director 2022-06-28 2025-06-02
MHATRE, Vivek Jayawant Director 2013-03-01 2015-04-01
MHATRE, Vivek Jayawant Director 2012-02-08 2012-07-05
MISHRA, Loknath Director 2025-05-28 2026-03-31
MORGAN, Charlotte Elisabeth Diana Director 2021-11-03 2024-01-31
NAIR, Mavila Vishwanathan Director 2011-06-01 2012-03-31
QUINN, Patrick Joseph Director 2013-06-01 2025-02-28
RADHAKRISHNAN, Viswesvaran Director 2018-04-26 2021-05-31
RAI, Rajkiran Gundyadka Director 2017-11-15 2022-05-31
RAMANATHAN, Sendhil Director 2011-06-01 2015-04-22
SARKAR, Debabrata Director 2012-04-13 2013-11-30
SAXENA, Nidhu Director 2023-08-03 2024-03-28
SETHI, Rakesh Director 2015-11-04 2016-06-30
SHARMA, Brajeshwar Director 2015-03-25 2018-05-01
TIWARI, Arun Director 2013-12-30 2017-06-30
VERMA, Raj Kamal Director 2018-01-15 2019-02-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Union Bank Of India Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 128 total filings

Date Type Category Description
2026-07-11 AA accounts Accounts with accounts type full
2026-06-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-04-01 TM01 officers Termination director company with name termination date PDF
2025-11-19 TM01 officers Termination director company with name termination date PDF
2025-10-24 AP01 officers Appoint person director company with name date PDF
2025-09-29 AP01 officers Appoint person director company with name date PDF
2025-09-11 AP01 officers Appoint person director company with name date PDF
2025-07-21 AA accounts Accounts with accounts type full
2025-07-01 TM01 officers Termination director company with name termination date PDF
2025-07-01 TM01 officers Termination director company with name termination date PDF
2025-06-09 TM01 officers Termination director company with name termination date PDF
2025-06-09 AP01 officers Appoint person director company with name date PDF
2025-05-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-20 TM01 officers Termination director company with name termination date PDF
2024-10-01 AP01 officers Appoint person director company with name date PDF
2024-06-11 AA accounts Accounts with accounts type full
2024-06-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-31 AP01 officers Appoint person director company with name date PDF
2024-04-04 TM01 officers Termination director company with name termination date PDF
2024-03-15 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page