GULF INTERNATIONAL BANK (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-23 (in 2mo)
Last made up 2025-07-09
Watchouts
None on the register
Cash
7,378,636,000
-50.4% vs 2023
Net assets
459,825,000
+0.4% vs 2023
Employees
129
+15.2% vs 2023
Profit before tax
32,104,000
-38.8% vs 2023
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 | — | — | |
| Operating profit | £52,494,000 | £32,104,000 | |
| Profit before tax | £52,494,000 | £32,104,000 | |
| Net profit | £39,880,000 | £24,001,000 | |
| Cash | £14,883,184,000 | £7,378,636,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £458,051,000 | £459,825,000 | |
| Equity | £458,051,000 | £459,825,000 | |
| Average employees | 112 | 129 | |
| Wages | £27,601,000 | £30,390,000 |
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 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 97.9% | 96.8% |
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
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Bank's management has performed an assessment of the Bank's ability to continue as a going concern at the date of signing the 2024 financial statements. Furthermore, its management is not aware of any material uncertainties that may cast significant doubt on the Bank's ability to continue as a going concern. Therefore, these financial statements continue to be prepared on a going concern basis.”
Group structure
- GULF INTERNATIONAL BANK (UK) LIMITED · parent
- SIB Portofolio Advisors Inc 100%
Significant events
- “2024 saw GIB AM show resilience in a financial market disrupted throughout the year by volatility and geopolitical instability.”
- “Externally 2024 saw heightened Economic risk and Geopolitical risk. Over half the world's population went to the polls. The war in Ukraine further exacerbated the divide between East & West and the conflict in the Middle East created more tension. Despite these World markets were resilient with a MSCI World index up approximately 20% over the year. Looking forward into 2025, there is always a level of uncertainty. The external environment does seem more benign than the start of 2024. However, the risks mentioned above will still the ability to escalate and affect the financial market.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 47 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ABDULHADI, Sara Samir | Director | 2024-04-01 | Dec 1980 | Saudi Arabian |
| AITCHISON, Carolyn Jane | Director | 2024-09-01 | Sep 1963 | British |
| AL-HELAISSI, Abdulaziz Abdulrahman | Director | 2016-07-13 | Oct 1966 | Saudi Arabian |
| ALMALIK, Turki Ibrahim Mohammed | Director | 2016-04-25 | Dec 1977 | Saudi Arabian |
| ALZAMIL, Abdulla Mohammed | Director | 2022-09-01 | Jan 1965 | Saudi Arabian |
| CAMPBELL, Ralph Mcgregor | Director | 2019-06-06 | May 1967 | Scottish |
| GARRETT-COX, Katherine Lucy | Director | 2017-12-20 | Nov 1967 | British |
| NASHAAT, Soha Osman | Director | 2024-07-01 | Oct 1966 | British |
| WITHERS, Gary Nigel | Director | 2018-12-12 | Oct 1962 | British |
Show 47 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANTHONY, Julian Peter | Secretary | 2010-05-18 | 2018-08-17 |
| BILLINGTON, Toby Edward Charles | Secretary | 2008-01-29 | 2010-05-18 |
| RALPH, Penelope Margaret | Secretary | — | 1999-04-22 |
| WELLS, Sally Anne | Secretary | 1999-04-22 | 2008-01-29 |
| ABALKHAIL, Mohammed Ali | Director | 1996-09-01 | 1999-04-08 |
| ABDULLATIF, Ahmed, H E Sheikh | Director | — | 1995-04-06 |
| AL FAYEZ, Khaled Mohamed, Dr | Director | — | 1999-04-08 |
| AL KISHI, Jamal Ali | Director | 2021-06-23 | 2024-02-28 |
| AL ZAMIL, Abdullah | Director | 2015-05-11 | 2019-09-17 |
| AL-ABDULQADER, Abdullah, Dr. | Director | 2019-09-17 | 2022-06-29 |
| AL-MALIK, Ahmed Abdullah, H E Dr | Director | — | 1995-10-04 |
| AL-MANGOUR, Adel | Director | 2010-09-17 | 2012-07-01 |
| AL-QURAISHI, Abdul Aziz, H E Sheikh | Director | — | 1996-09-01 |
| AL-SUHAIMI, Jammaz Abdullah | Director | 1995-10-04 | 1999-04-08 |
| ALFAYEZ, Khaled Mohammal Ali | Director | 1999-04-08 | 2009-04-20 |
| ALYAHYA, Yahya, Dr | Director | 2009-03-05 | 2018-03-31 |
| AMIS, Robert Henry Charles | Director | 2008-06-30 | 2009-12-31 |
| ANTHONY, Julian Peter | Director | 2010-03-15 | 2019-01-31 |
| BREUER, Rolf-Ernst, Dr | Director | 1994-09-29 | 1996-09-13 |
| BREUER, Rolf-Ernst, Dr | Director | — | 1991-09-27 |
| CHABAREK, Soraya | Director | 2022-09-01 | 2024-09-30 |
| DE ROOS, Peter Jurgen | Director | — | 1995-10-31 |
| DEBS, Richard, Dr | Director | 1999-04-08 | 2012-06-12 |
| DEBS, Richard | Director | — | 1999-04-08 |
| EL-KUWAIZ, Abdullah Ibrahim, Dr | Director | 1999-04-08 | 2001-05-16 |
| FAROUKY, Mohannad Taji | Director | 2000-06-20 | 2009-03-24 |
| FARRAR, Peter John | Director | 1999-04-08 | 2000-05-05 |
| GREENWOOD, Miriam Valerie | Director | 2020-09-22 | 2024-03-19 |
| JALAL, Mahsoun Bahjat, Dr | Director | — | 1999-04-08 |
| JANJORI, Karl | Director | 1996-09-13 | 1998-09-09 |
| KOBAYAKAWA, Toshihiko | Director | 1992-09-17 | 1994-09-29 |
| MARIGOMEN, Jose Maria Joaquin | Director | 2012-11-12 | 2014-07-31 |
| MCGINN, Robert John | Director | 1995-11-01 | 1999-04-08 |
| MELBOURN, John William | Director | 1999-04-08 | 2006-12-14 |
| MELBOURN, John William | Director | 1995-10-04 | 1999-04-08 |
| MELBOURN, John William | Director | — | 1992-09-17 |
| MUFTI, Mohab Naji | Director | 2001-11-08 | 2009-10-01 |
| PHILIPPON, Emmanuel | Director | 1993-10-11 | 1995-10-04 |
| RICHARDSON OF DUNTISBOURNE KG, Gordon William Humphreys, The Rt Hon Lord | Director | — | 1999-04-08 |
| SHAKER, Osamah Mohammed | Director | 2018-06-26 | 2021-06-23 |
| SNYDER, Matthew Charles | Director | 1999-04-08 | 2018-04-30 |
| STEYN, David Andrew | Director | 2013-01-02 | 2013-07-23 |
| SYKES, Andrew Francis | Director | 2005-09-09 | 2019-12-12 |
| THOMAZEAU, Jean | Director | 1998-09-22 | 1999-04-08 |
| WAGNER, Rodney | Director | — | 1999-04-08 |
| WATTS, Mark | Director | 2014-11-12 | 2016-06-28 |
| XEFOS, John Emanuel | Director | 2012-06-12 | 2024-05-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gulf International Bank Bsc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2016-07-09 | Ceased 2023-02-28 |
Filing timeline
Last 20 of 235 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-23 | AUD | auditors | Auditors resignation company | |
| 2025-04-03 | AA | accounts | Accounts with accounts type full | |
| 2025-01-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-15 | AA | accounts | Accounts with accounts type full | |
| 2024-03-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-12 | RP04TM01 | officers | Second filing of director termination with name | |
| 2024-02-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-07-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-08 | AA | accounts | Accounts with accounts type full | |
| 2023-02-28 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2023-02-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-10-18 | AA | accounts | Accounts with accounts type full | |
| 2022-09-12 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
-50.4%
£14,883,184,000 £7,378,636,000
-
Net assets
+0.4%
£458,051,000 £459,825,000
-
Employees
+15.2%
112 129
-
Operating profit
-38.8%
£52,494,000 £32,104,000
-
Profit before tax
-38.8%
£52,494,000 £32,104,000
-
Wages
+10.1%
£27,601,000 £30,390,000
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