JTC TRUST AND FIDUCIARY SERVICES (UK) LIMITED

• ◆

  4 officer resignations in last 12 months

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

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. JTC TRUST AND FIDUCIARY SERVICES (UK) LIMITED 2025-11-25 → present
2. KLEINWORT HAMBROS TRUST COMPANY (UK) LIMITED 2025-03-31 → 2025-11-25
3. SG KLEINWORT HAMBROS TRUST COMPANY (UK) LIMITED 2016-11-30 → 2025-03-31
4. KLEINWORT BENSON TRUSTEES LIMITED 1986-11-12 → 2016-11-30
5. KLEINWORT BENSON (TRUSTEES) LIMITED 1953-01-03 → 1986-11-12

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On 31 July 2025, UBP Group announced to the market that JTC and UBP had reached an agreement on JTC's proposed acquisition of Kleinwort Hambros Trust Company in the Channel Islands and the UK. The UBP Group has signed an agreement to sell the Company's parent, Kleinwort Hambros Trust Company (CI) Limited together with the Company to JTC Group. The sale is subject to final regulatory approvals and is expected to complete in Q4 2025. The current directors will continue to operate the company as a trust company until the completion date. The directors have also obtained a letter of financial and operational support from UBP UK, its current intermediate parent, until the date of completion of the sale. The current directors have also obtained a letter of intent from JTC, the proposed new parent company, that post completion of the sale, will provide the Company with financial and operational support for at least 12 months from the date of approval of the balance sheet. As such, the directors have a reasonable expectation that the Company will continue with its normal operations in relation to being a trust company and the Company has adequate resources to continue in operational existence until 30 September 2026 which at least 12 months from the date of this report. Accordingly, the going concern basis will continue to be adopted in preparing the annual report and financial statements.”

Significant events

• “In August 2024, Société Générale announced that it has signed an exclusive agreement to sell SG Kleinwort Hambros to Union Bancaire Privée SA ("UBP"), a Swiss bank specialising in wealth and asset management. This sale completed on 31 March 2025 and with effect from 1 April 2025 the Company's ultimate parent company is now Union Bancaire Privée SA.”
• “On 31 July 2025, UBP Group announced to the market that JTC and UBP had reached an agreement on JTC's proposed acquisition of Kleinwort Hambros Trust Company in the Channel Islands and the UK. The UBP Group has agreed the sale of the Company's parent, Kleinwort Hambros Trust Company (CI) Limited together with the Company to JTC Group. The sale is subject to final regulatory approvals and is expected to complete in Q4 2025.”

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

Filings

17

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  +57.4%

  £767,648 → £1,208,210

• Cash

  —

  Not reported

• Net assets

  0%

  £250,000 → £250,000

• Employees

  —

  Not reported

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers