KUWAIT FINANCE HOUSE PLC
Get an alert when KUWAIT FINANCE HOUSE 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
2026-03-30
Overdue
Watchouts
Cash
478,085,000
+57.2% vs 2023
Net assets
348,014,000
+4% vs 2023
Employees
138
+10.4% vs 2023
Profit before tax
51,896,000
-15.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-03-30.
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £178,840,000 | £185,131,000 | |
| Operating profit | £61,165,000 | £51,896,000 | |
| Profit before tax | £61,165,000 | £51,896,000 | |
| Net profit | £46,986,000 | £39,218,000 | |
| Cash | £304,077,000 | £478,085,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £334,727,000 | £348,014,000 | |
| Equity | £334,727,000 | £348,014,000 | |
| Average employees | 125 | 138 | |
| Wages | £14,568,000 | £17,249,000 |
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 | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 34.2% | 28.0% | |
| Net margin | 26.3% | 21.2% | |
| Gearing (liabilities / total assets) | 88.6% | 87.3% |
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
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation that the Bank has adequate resources to continue in operational existence for the period to 31 March 2026, and therefore the financial statements have been prepared on a going concern basis. Furthermore, the Directors are not aware of any material uncertainties that may cast significant doubt upon the Group's ability to continue as a going concern.”
Group structure
- KUWAIT FINANCE HOUSE PLC · parent
- AUB Trustees (Guernsey) Limited 100%
- AUB Investment Holdings 100%
- AUB Secretaries Limited 100%
- Bless Business Services Limited 100%
- Credo Services Limited 0%
Significant events
- “Bank converted to an Islamic Bank on 22 August 2024.”
- “On 16 January 2025 the Bank held a General Meeting whereby the members resolved the special resolution to change the company name to Kuwait Finance House PLC... notification submitted to Companies House on 17 January 2025.”
- “On 1 July 2024 Fitch affirmed the Bank's rating of 'A', with a stable outlook.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 69 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARNBY, Neil | Secretary | 2025-02-06 | — | — |
| ALFOUZAN, Mohammad Nasser, Mr. | Director | 2025-05-23 | Dec 1962 | Kuwaiti |
| ALGHANIM, Fahad | Director | 2023-04-12 | Nov 1977 | Kuwaiti |
| CRAWFORD, Philip | Director | 2024-04-11 | Nov 1970 | British |
| EL-LABBAN, Adel Mohamed Abdel Shafe | Director | 1999-05-06 | Jun 1957 | Egyptian |
| JONES, Robin Douglas | Director | 2025-04-14 | Jan 1964 | British |
| NAJIBI, Khalid Mohamed Yusuf | Director | 2019-09-03 | Aug 1967 | Bahraini |
| STEELE-BODGER, Duncan | Director | 2025-04-01 | Apr 1962 | British |
| ZAHRAN, Shadi Ahmed Yacoub | Director | 2023-04-01 | Jul 1972 | Jordanian |
Show 69 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOOTH, Emma Jane | Secretary | 2015-01-09 | 2018-11-22 |
| DUNNACHIE, Graham Russell | Secretary | 2004-11-22 | 2012-04-17 |
| DUNNACHIE, Graham Russell | Secretary | 1999-04-26 | 2003-06-18 |
| HAMILTON, Jane | Secretary | 2012-05-03 | 2014-11-26 |
| HARNBY, Neil | Secretary | 2019-01-08 | 2019-09-27 |
| HARVEY, Andrew | Secretary | 2024-11-15 | 2025-02-06 |
| JAMAL, Nizar Ahmed | Secretary | — | 1992-12-15 |
| JOYCE, Nicholas | Secretary | 2020-02-07 | 2024-11-15 |
| WATTS, Colin Andrew | Secretary | 1992-12-15 | 1999-04-23 |
| WEBER SCHWIDROWSKI, Andreas | Secretary | 2003-06-18 | 2004-11-22 |
| AL DABBOUS, Ghanem Hamad | Director | 1997-07-31 | 1998-07-30 |
| AL FARHAN, Mohammed Ahmed | Director | 1996-04-24 | 1998-07-14 |
| AL FOUZAN, Khaled Nasser | Director | 2005-03-15 | 2019-02-28 |
| AL GHUNAIM, Maha Khalid | Director | 1994-03-24 | 1998-09-09 |
| AL MARZOUQ, Hamad Abdulmohsen | Director | 1998-09-01 | 2014-01-28 |
| AL MEER, Rashed Ismail Khalil | Director | 2003-05-16 | 2019-04-09 |
| AL MUTAIRI, Ali Al-Hilal | Director | 1998-09-10 | 2000-04-10 |
| AL SALEH, Najeeb | Director | — | 1992-12-15 |
| AL WAZZAN, Khalid Jassim | Director | 1997-10-01 | 2001-03-31 |
| AL-DABBOUS, Ghanem Hamad | Director | — | 1996-04-02 |
| AL-FALAH, Saleh | Director | — | 1998-07-30 |
| AL-GABANDI, Abdullah Ahmad | Director | — | 1992-12-15 |
| AL-GHANIM, Talal Marzook | Director | — | 1992-12-15 |
| AL-GHARABALLY, Mahmoud | Director | 1996-08-01 | 1997-04-15 |
| AL-HAMAD, Muthana | Director | 1996-04-24 | 1997-06-02 |
| AL-HUMAIDHI, Hamad Mishari | Director | 2015-04-06 | 2019-02-28 |
| AL-KHALID, Abdulwahab Fahed | Director | — | 1993-04-25 |
| AL-MARZOUQ, Adnan Abdulmohsen | Director | 2014-04-25 | 2019-03-31 |
| AL-NAHEDH, Saad Ali | Director | — | 1996-04-21 |
| AL-RAJAAN, Fahad Maziad | Director | — | 2015-01-22 |
| AL-RUSHAID, Bader Abdullah | Director | — | 1998-07-30 |
| AL-SAGAR, Hamad Abdulaziz | Director | — | 1992-12-15 |
| AL-SHAMALI, Jassem Haider Ali Mohammed | Director | 2019-04-15 | 2023-03-23 |
| AL-SULTAN, Adnan, Dr | Director | 1993-03-26 | 1993-12-22 |
| AL-YASIN, Sulaiman Khalil | Director | — | 1996-04-07 |
| AL-YOUSEF, Saleh Mohammed | Director | — | 2001-03-31 |
| ALGHANIM, Fouad | Director | 1998-11-10 | 2001-03-31 |
| ALHUMAIDHI, Jehad Saud | Director | 2023-04-01 | 2026-04-27 |
| ALOTHMAN, Meshal | Director | 2019-09-19 | 2022-10-31 |
| ALSTON, Charles Stephen Withycombe | Director | 2005-05-20 | 2008-09-15 |
| ALSUMAIT, Abdulla Mohammed Hamad | Director | 1998-08-25 | 2001-03-31 |
| BEHBEHANI, Mohammed Saleh | Director | — | 2001-03-31 |
| BUKHAMSEEN, Emad Jawad | Director | 1998-10-07 | 1998-11-27 |
| BUXTON, Andrew Robert Fowell | Director | 1999-11-01 | 2001-06-30 |
| CASSON, David Hamilton | Director | 2005-09-14 | 2015-11-20 |
| COLLIS, Michael Anthony | Director | 2000-11-18 | 2009-01-16 |
| CROCKER, Jonathan William Frank | Director | 2002-02-20 | 2003-05-31 |
| DUNNACHIE, Graham Russell | Director | 2004-03-19 | 2012-04-17 |
| EBRAHIM, Sawsan Abulhassan Mohammed | Director | 2009-03-02 | 2015-06-19 |
| FERGUSON, Jakes David | Director | 2013-04-01 | 2014-08-07 |
| FORSTER, James Edward Frere | Director | 2008-10-01 | 2017-01-13 |
| GALE, Keith Henry | Director | 2015-09-03 | 2022-09-05 |
| GREEN, Nigel Patrick John | Director | 2007-07-11 | 2008-05-02 |
| GWINNELL, Peter Gordon | Director | 2010-01-04 | 2010-02-10 |
| HODGKINSON, David Howard | Director | 2015-06-18 | 2025-06-25 |
| HOLGATE, Geoffrey Vernon | Director | 2003-06-18 | 2005-05-01 |
| HOWE, Geoffrey Michael Thomas | Director | 2001-05-25 | 2005-03-15 |
| HUSSEY, Stephen James | Director | 2010-06-07 | 2023-01-31 |
| JABLONOWSKI, Alexander Mark | Director | 2000-11-18 | 2002-02-14 |
| JONES, Robert John | Director | 2006-10-02 | 2010-06-07 |
| MARAFIE, Mohammed Ibrahim | Director | 1993-03-26 | 1999-10-28 |
| O'LOAN, David Arthur | Director | 2022-10-11 | 2023-03-15 |
| POST, Herschel | Director | 2001-05-25 | 2018-08-25 |
| STEEL, James Thomas Jordan | Director | 2016-04-25 | 2025-09-30 |
| TAMIM, Sami Baha Eddine | Director | 2014-07-08 | 2023-11-03 |
| TAYLOR, Stuart Joseph | Director | 2010-09-01 | 2014-01-31 |
| WATERS, Stewart George | Director | 2005-06-01 | 2006-09-30 |
| WOOD, Keith Robert | Director | 1998-04-01 | 2001-03-31 |
| YOUNG, Philip James | Director | 2000-11-18 | 2004-01-22 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 307 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-11 | AA | accounts | Accounts with accounts type group | |
| 2025-05-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-19 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-02-17 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-01-20 | MA | incorporation | Memorandum articles | |
| 2025-01-20 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-17 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-11-19 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-11-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-08-30 | MA | incorporation | Memorandum articles | |
| 2024-08-28 | CC04 | change-of-constitution | Statement of companys objects | |
| 2024-04-17 | AA | accounts | Accounts with accounts type group | |
| 2024-04-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-03 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 3
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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+3.5%
£178,840,000 £185,131,000
-
Cash
+57.2%
£304,077,000 £478,085,000
-
Net assets
+4%
£334,727,000 £348,014,000
-
Employees
+10.4%
125 138
-
Operating profit
-15.2%
£61,165,000 £51,896,000
-
Profit before tax
-15.2%
£61,165,000 £51,896,000
-
Wages
+18.4%
£14,568,000 £17,249,000
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