HSBC BANK PLC — The Accounts

Get an alert when HSBC BANK PLC files next

Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.

Next accounts due

2026-06-30 (in 1mo)

Last filed for 2024-12-31

Confirmation statement due

2026-11-18 (in 6mo)

Last made up 2025-11-04

Watchouts

1 item

Cash

£119B

+7.7% vs 2023

Net assets

£709B

+3.5% vs 2023

Employees

36,800

+6.4% highest in 3 filed years

Profit before tax

£2B

-4.9% first positive since 2022

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

3 officer resignations in last 12 months

Multiple officers have left the board recently — see the People section for who.

Profit before tax

3-year trend · vs Financials median

HSBC BANK PLC·Financials median · n=689

Accounts

3-year trend · latest reflected 2024-12-31

Metric	2022-12-31	2023-12-31	2024-12-31
Turnover	—	—	—
Operating profit	-£121,000,000	£2,153,000,000	£2,096,000,000
Profit before tax	-£1,199,000,000	£2,196,000,000	£2,088,000,000
Net profit	-£753,000,000	£1,725,000,000	£1,827,000,000
Cash	—	£110,618,000,000	£119,184,000,000
Total assets less current liabilities	—	£685,226,000,000	£708,879,000,000
Net assets	—	—	—
Equity	£23,088,000,000	£24,159,000,000	£26,577,000,000
Average employees	31,300	34,600	36,800
Wages	£978,000,000	£1,294,000,000	£1,349,000,000

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2022-12-31	2023-12-31	2024-12-31
Return on capital employed	—	0.3%	0.3%
Current ratio	—	11.60x	11.79x
Interest cover	-12.10x	50.07x	116.44x

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.

Audit & accounting basis

Accounting basis: IFRS
Reporting scope: Consolidated group
Auditor: PricewaterhouseCoopers LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“The directors consider it appropriate to prepare the financial statements on the going concern basis, making their going concern assessment, having due regard to the detailed information relating to present and potential conditions, including profitability, cash flows, capital requirements and capital resources.”

Group structure

HSBC BANK PLC · parent
1. HSBC Bank plc (UK One Limited) 100% · England and Wales
2. HSBC Bank plc (Suisse) SA 100% · Switzerland
3. HSBC Continental Europe 99.99% · France
4. HSBC Bank Malta p.l.c. 70.03% · Malta

Significant events

“On 1 January 2024, HSBC Continental Europe completed the sale of its private banking business in Germany to BNP Paribas.”
“On 24 November 2023, HSBC Europe BV completed the sale of HSBC Bank Armenia to Ardshinbank with a year-to-date loss of £0.1bn recognised.”
“On 30 May 2024, we successfully completed the sale of our Russia subsidiary HSBC Bank (RR) Limited Company to Expobank.”

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

People

13 active · 87 resigned

Name	Role	Appointed	Born	Nationality
MCDERMOTT, Micheal, Mr.	Secretary	2025-06-13	—	—
BRANCH, Sonya Judith Clara, Ms.	Director	2026-03-01	Jun 1974	British,Irish
CLACKSON, Patrick Andrew	Director	2022-09-01	Apr 1964	British
DE JONG, Michiel Gerrit Jan, Mr.	Director	2026-03-01	Sep 1961	Dutch
ELLIS, Juliet Ann	Director	2021-02-01	Apr 1966	British
GOH, Euleen Yiu Kiang, Ms.	Director	2025-12-01	Apr 1955	Singaporean
GURNEY, Kathryn Leslie	Director	2023-03-01	Sep 1968	British
HANNIGAN, Deirdre	Director	2025-03-01	Oct 1960	Irish
MAHTANI, Kavita	Director	2023-11-01	Sep 1970	American
MURRAY, Eileen K, Ms.	Director	2026-03-01	Mar 1958	American
O'DONALD, Lewis John	Director	2023-02-23	Dec 1965	British
ROBERTS, Michael Murray	Director	2025-01-01	Nov 1960	American
WRIGHT, Andrew Merlay	Director	2018-05-17	May 1960	British

Show 87 resigned officers

Name	Role	Appointed	Resigned
BARBER, Ralph Gordon	Secretary	1994-01-01	1996-06-26
BLACK, Nicola Suzanne	Secretary	2014-04-01	2018-01-01
CAMPBELL, Alison Sara	Secretary	2021-03-01	2023-01-01
JOCKELSON, Philip Bruce, Mr.	Secretary	2020-05-01	2021-02-28
MARSHALL, Ian Bruce	Secretary	1996-06-26	2004-05-26
MCKENZIE, John Hume	Secretary	2004-05-26	2014-03-31
MILLER, Philip David	Secretary	2023-01-01	2023-04-30
OAKLEY-WHITE, Olivier Philip	Secretary	2023-05-01	2024-10-07
SKAE, John Robin	Secretary	—	1993-12-31
STUART, Lynne	Secretary	2024-10-07	2025-06-12
WULFSOHN, Loren	Secretary	2018-01-01	2020-04-30
ANTIKA, Piraye	Director	2011-07-01	2014-10-31
ASHER, Bernard Harry	Director	—	1998-02-28
ASSAF, Samir	Director	2014-03-28	2016-04-27
BAKER, David William	Director	1996-11-01	2002-12-31
BELL, Colin William	Director	2021-02-22	2024-12-31
BOND, John Reginald Hartnell, Sir	Director	1993-01-01	2004-12-31
BOYLES, Peter William	Director	2010-07-22	2012-12-10
BUDD, David Charles	Director	2005-05-09	2011-02-24
COOPER, Simon Nigel	Director	2013-04-18	2015-12-17
COYLE, James	Director	2015-08-03	2018-08-06
CUNNINGHAM, Thomas Jefferson Coleman	Director	—	1992-10-09
DALTON, William Robert Patrick	Director	1998-04-01	2003-12-31
DE CROISSET, Charles Francis Wiener	Director	2000-09-01	2004-02-25
DE MACEDO E SANTANA DE ALMEIDA MATOS, Nuno Goncalo, Mr.	Director	2020-03-01	2021-02-23
DELBRIDGE, Richard	Director	—	1995-11-30
DEVANEY, John Francis	Director	1994-03-25	2000-05-24
DOS SANTOS SIMOES, Antonio Pedro	Director	2012-02-01	2018-09-17
DOVE-EDWIN, Norma Adrienne	Director	2021-10-28	2025-04-24
EMERSON, Roger	Director	1996-09-25	2003-05-28
EMMETT, James Alasdair	Director	2018-09-17	2020-02-29
FILIPPI, Charles Henri	Director	2000-09-01	2008-12-31
FISHBURN, John Dudley	Director	2003-05-28	2009-05-01
FLEURANT, Jacques	Director	2018-08-07	2021-09-30
FLOCKHART, Alexander Andrew	Director	2010-07-22	2012-07-31
FORSTER, Archibald William, Sir	Director	—	1998-05-27
GARNER, Johnson Daniel	Director	2010-12-20	2012-10-31
GEOGHEGAN, Michael Francis	Director	2004-01-01	2010-10-20
GODBEHERE, Ann Frances, Ms.	Director	2025-01-01	2026-05-08
GOLDTHORPE, Brian Lees	Director	—	1992-09-16
GREEN, Stephen Keith	Director	1995-12-01	2010-12-03
GULLIVER, Stuart Thomson	Director	2006-09-01	2010-12-31
HALES, Antony John	Director	1994-06-24	2001-05-23
HOLT, Denise Mary, Dame	Director	2011-02-01	2018-08-06
HOUZE, Philippe Jacques Claude, Monsieur	Director	2010-10-01	2012-04-26
JACOBI, Herbert H	Director	1995-01-27	1998-05-27
JOHN, Dyfrig Dafydd Joseff	Director	2003-01-01	2009-06-29
JONES, Christopher Michael Stuart	Director	2001-08-01	2008-04-29
KEIR, Alan Mcalpine	Director	2013-10-01	2015-09-01
LEATHES, Simon William De Mussenden	Director	2012-05-17	2017-04-21
LENG, James William	Director	2010-10-12	2013-12-31
LESLIE, Peter Evelyn, Sir	Director	—	1992-10-09
LISTER, David William	Director	2015-09-01	2018-08-06
LOCKHART, Harry Eugene	Director	—	1992-08-31
LOUDON, George Ernest	Director	—	1992-07-31
MACKAY, Charles Dorsey	Director	1992-11-12	1993-12-31
MAITLAND SMITH, Geoffrey	Director	—	1996-12-23
MARSH, Mary Elizabeth, Dame	Director	2009-01-01	2022-05-17
MARSHALL, Colin Marsh, Lord	Director	—	1994-03-25
MARTIN, Rosemary Elisabeth Scudamore	Director	2005-04-29	2016-04-27
MEANEY, Patrick Michael, Sir	Director	—	1992-07-16
MILLER SMITH, Charles	Director	1994-01-01	1996-05-31
MONRO-DAVIS, Anthony Robin Dominic	Director	2004-01-01	2013-04-25
MOSS, Stephen Colin, Mr.	Director	2020-04-24	2021-02-23
MOULONGUET, Thierry Bernard	Director	2012-07-27	2018-09-05
NEWTON, Charles Wilfrid, Sir	Director	1992-12-11	1999-04-28
O'CATHAIN, Detta, Baroness	Director	—	1993-05-26
O'CONNOR, Stephen Paul	Director	2018-05-17	2025-04-24
O'SULLIVAN, Sean Patrick	Director	2007-08-07	2011-01-31
OMURA, Yukiko	Director	2018-05-17	2025-04-24
ORGILL, Richard Michael James	Director	1994-04-01	2001-10-31
PEARSE, Brian Gerald, Sir	Director	—	1995-01-27
POUNTAIN, Eric John, Sir	Director	—	1992-10-09
PURVES, William, Sir	Director	—	1998-05-27
REED, Alison Clare	Director	1996-04-24	2004-05-26
ROBERTSON, Brian	Director	2010-12-03	2013-09-30
ROSE, Harry Anthony	Director	1997-05-28	2005-05-25
SHAWYER, Peter Michael	Director	2004-11-01	2014-01-06
SINGH, Jasminder	Director	2001-01-25	2007-04-20
SPRING, Annabel Fitzgerald	Director	2024-04-08	2024-12-05
STRICKLAND, John Estmond	Director	1993-01-01	1996-05-31
STRUTZ, Eric Wolfgang, Dr	Director	2016-10-28	2026-05-08
SYMONDS, Jonathan Richard	Director	2014-04-14	2018-08-06
THOMSON, Alan Matthew	Director	2013-04-18	2014-10-31
THURSTON, Paul Anthony	Director	2008-06-01	2011-12-31
TOWERS, John	Director	1994-04-05	1996-10-31
TRUEMAN, John Francis	Director	2004-09-29	2022-12-31

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Hsbc Holdings Plc	Corporate entity	Shares 75–100%, Voting 75–100%	2021-06-21	Active
Hsbc Uk Holdings Limited	Corporate entity	Shares 75–100%, Voting 75–100%	2018-10-01	Ceased 2021-06-21
Hsbc Holdings Plc	Corporate entity	Shares 75–100%, Voting 75–100%, Appoints directors	2016-10-26	Ceased 2018-10-01

Filing timeline

Last 20 of 1095 total filings

Date	Type	Category	Description
2026-05-08	TM01	officers	Termination director company with name termination date	PDF
2026-05-08	TM01	officers	Termination director company with name termination date	PDF
2026-04-01	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2026-03-19	CH01	officers	Change person director company with change date	PDF
2026-03-12	AP01	officers	Appoint person director company with name date	PDF
2026-03-10	AP01	officers	Appoint person director company with name date	PDF
2026-03-03	AP01	officers	Appoint person director company with name date	PDF
2026-02-26	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2026-02-09	CH01	officers	Change person director company with change date	PDF
2025-12-02	AP01	officers	Appoint person director company with name date	PDF
2025-11-04	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-06-13	AP03	officers	Appoint person secretary company with name date	PDF
2025-06-13	TM02	officers	Termination secretary company with name termination date	PDF
2025-05-09	AA	accounts	Accounts with accounts type group
2025-04-25	TM01	officers	Termination director company with name termination date	PDF
2025-04-25	TM01	officers	Termination director company with name termination date	PDF
2025-04-25	TM01	officers	Termination director company with name termination date	PDF
2025-04-01	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2025-03-04	AP01	officers	Appoint person director company with name date	PDF
2025-02-12	CH01	officers	Change person director company with change date	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 14
Capital events: 0
Officers appointed: 5
Officers resigned: 3

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

—

Not reported
Cash

+7.7%

£110,618,000,000 £119,184,000,000
Net assets

—

Not reported
Employees

+6.4%

34,600 36,800

highest in 3 filed years
Operating profit

-2.6%

£2,153,000,000 £2,096,000,000

first positive since 2022
Profit before tax

-4.9%

£2,196,000,000 £2,088,000,000

first positive since 2022
Wages

+4.3%

£1,294,000,000 £1,349,000,000

highest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page