UNITY TRUST BANK PLC
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Next accounts due
2027-06-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2027-03-19 (in 10mo)
Last made up 2026-03-05
Watchouts
Cash
£622M
+30.5% vs 2023
Net assets
£222M
+28.7% highest in 5 filed years
Employees
217
+22.6% vs 2023
Profit before tax
£66M
+3% highest in 5 filed years
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.
Net assets
5-year trend · vs Financials median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £92,421,000 | £102,097,000 | |
| Operating profit | — | — | — | — | — | |
| Profit before tax | £7,546,000 | £11,053,000 | £27,352,000 | £63,862,000 | £65,751,000 | |
| Net profit | £7,027,000 | £9,671,000 | £22,843,000 | £48,858,000 | £50,476,000 | |
| Cash | — | — | — | £476,613,000 | £621,898,000 | |
| Total assets less current liabilities | — | — | — | — | — | |
| Net assets | £90,669,000 | £108,963,000 | £123,815,000 | £172,617,000 | £222,117,000 | |
| Equity | — | — | — | £172,617,000 | £222,117,000 | |
| Average employees | — | — | — | 177 | 217 | |
| Wages | — | — | — | £11,633,000 | £14,875,000 |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Net margin | — | — | — | 52.9% | 49.4% | |
| Gearing (liabilities / total assets) | — | — | — | 90.1% | 88.7% |
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
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis as the Directors have a reasonable expectation that the Bank has adequate resources to continue in business for the foreseeable future.”
Group structure
- UNITY TRUST BANK PLC · parent
- Unity EBT Limited 100%
Significant events
- “As part of our 40th anniversary, Unity set a target to deploy over £40,000 of grants and donations to values-aligned organisations delivering impact. We launched an inaugural 'Unity Impact Grants' and deployed £56,287 to 42 organisations across the UK.”
- “Unity strengthened its performance in the year, increasing financial returns alongside advancing our impact proposition and building capability for our growth ambition. Deposit acquisition channels have been diversified to include aggregator funding and the setup of specialists' teams, with record levels of funding received.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 89 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TAVENER, Gray | Secretary | 2025-12-01 | — | — |
| CHEN, Sandy Winthrop | Director | 2015-11-03 | Jan 1967 | British |
| COE, Christine Anne | Director | 2023-03-03 | Apr 1954 | British |
| EATWELL, John Leonard, Lord | Director | 2024-11-28 | Feb 1945 | British |
| FYFE, Colin Dundas | Director | 2024-01-29 | Mar 1967 | British |
| HOGAN, Penny Linda | Director | 2025-03-26 | Mar 1978 | British |
| NOBLE, Susan Sternglass | Director | 2017-11-03 | Jun 1961 | American,British |
| NOVAK, Paul | Director | 2025-03-05 | May 1972 | British |
| RYAN, Alexander Owen | Director | 2020-11-20 | May 1979 | British |
| SMITHSON, Keith Victor | Director | 2026-01-12 | Mar 1962 | Irish |
| SPARKS, Christopher, Doctor | Director | 2025-09-01 | Jul 1962 | British |
Show 89 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ELDRIDGE, Katherine Elizabeth | Secretary | 2009-10-19 | 2025-11-28 |
| FLEISCHMANN, Christian | Secretary | 2018-10-08 | 2020-02-05 |
| LEES, Moira Ann | Secretary | 1999-03-20 | 1999-07-23 |
| LEES, Moira Ann | Secretary | — | 1996-09-20 |
| SOBO-ALLEN, Femi | Secretary | 2006-05-12 | 2009-10-19 |
| STEVENSON, James David | Secretary | 1996-09-20 | 1999-03-20 |
| WHITTAKER, Katherine Alison | Secretary | 1999-07-23 | 2006-05-12 |
| AGAR, Tom | Director | — | 1992-09-18 |
| ALDERSON, Keith Brian | Director | 2009-12-21 | 2011-03-31 |
| ALDERSON, Keith Brian | Director | 2004-11-26 | 2006-03-31 |
| ALLTON, Paul Andrew | Director | 2013-06-12 | 2014-03-28 |
| BEAGRIE, Alistair | Director | 2002-10-02 | 2005-08-12 |
| BEAUMONT, Martin Dudley | Director | 2003-09-11 | 2004-10-13 |
| BEESLEY, Gordon | Director | — | 2001-08-31 |
| BELL, Lawrence John | Director | 2002-01-18 | 2006-03-31 |
| BELL, Lawrence John | Director | 1999-11-19 | 2001-06-01 |
| BENNETT, Graham Roy | Director | 1998-01-23 | 2015-05-22 |
| BICKERSTAFFE, Rodney Kevan | Director | — | 1995-05-05 |
| BLAKE, Kevin Michael | Director | 2002-03-01 | 2012-11-09 |
| BROOKS, John William | Director | 2006-12-07 | 2012-08-17 |
| BRYCE, Mary Victoria | Director | 2011-11-02 | 2014-05-08 |
| CHAMBERLAIN, Roderick Alan | Director | 2013-03-24 | 2018-06-08 |
| CONNOR, William Joseph | Director | 1997-05-02 | 2004-05-14 |
| COWARD, Martin James | Director | 2023-11-08 | 2025-05-30 |
| COWBURN, John | Director | — | 1993-05-07 |
| CROW, Robert | Director | 2002-06-19 | 2010-06-11 |
| CURRAN, Kevin Barry | Director | 2003-07-16 | 2005-04-07 |
| DAVIES, David Garfield | Director | — | 1997-05-02 |
| DICKMAN, David Arthur | Director | 2002-03-01 | 2004-11-05 |
| DOW, Graham | Director | 2022-07-28 | 2023-12-31 |
| DUBBINS, Anthony Douglas | Director | 1995-05-05 | 2004-10-31 |
| EDMONDS, John Walter | Director | — | 2003-05-09 |
| FRANCE, Richard Jeremy | Director | 2011-07-06 | 2014-11-17 |
| FYFE, George Lennox | Director | 2000-04-19 | 2009-06-08 |
| GLOVER, Steven Tancred Roy | Director | 2002-07-30 | 2010-06-11 |
| GODDARD, Richard Thomas | Director | 2002-04-12 | 2011-03-31 |
| GOSLING, Clare Louise | Director | 2016-01-28 | 2017-02-28 |
| GOSLING, Clare Louise | Director | 2013-08-14 | 2015-08-20 |
| GRANT, Christine | Director | 2007-01-03 | 2007-11-19 |
| GUNNER, James Walter George | Director | 2015-07-17 | 2022-05-20 |
| HANNETT, John | Director | 2016-04-22 | 2018-06-08 |
| HANNETT, John | Director | 2005-01-21 | 2012-06-15 |
| HAYES, William | Director | 2002-12-30 | 2015-08-24 |
| HAYGARTH, Andrew Charles | Director | 1993-05-07 | 1999-09-03 |
| HAZELL, Deborah Anne | Director | 2021-08-17 | 2023-12-31 |
| HINCE, Vernon George | Director | 2001-11-16 | 2002-03-31 |
| HODGSON, Derek George | Director | 1998-01-23 | 2001-07-31 |
| HUGHES, Alan Renatus Frederick | Director | 2015-04-08 | 2025-05-22 |
| JACKSON, David James | Director | 2000-11-16 | 2003-05-09 |
| JINKINSON, Alan Raymond | Director | — | 1996-04-26 |
| JOHNSON, Alan Arthur | Director | 1993-04-15 | 1997-10-29 |
| JONES, Brian Dolby | Director | — | 1993-04-15 |
| JONES, Kay Elizabeth | Director | 2000-11-16 | 2004-05-31 |
| JONES, Rhidian Huw Brynmor | Director | 2004-03-26 | 2013-03-23 |
| KEARNS, Anthony Paul | Director | 2004-06-23 | 2015-08-24 |
| KELLY, John Peter | Director | 2013-03-08 | 2015-05-22 |
| KNAPP, James | Director | — | 2001-08-13 |
| LANDAU, Dennis Marcus, Sir | Director | 1992-09-18 | 1993-06-01 |
| LANDAU, Dennis Marcus, Sir | Director | — | 2000-09-08 |
| LEWIS, Kenneth John | Director | 2005-02-22 | 2010-07-30 |
| LEWIS, Kenneth John | Director | 2000-11-16 | 2004-12-16 |
| MACDONALD, Sheila Paula Barbara | Director | 2003-09-11 | 2006-01-14 |
| MACK, Christopher James | Director | 2011-07-21 | 2013-05-03 |
| MARPER, William John | Director | — | 2006-01-14 |
| MELMOTH, Graham John, Sir | Director | 2000-11-16 | 2003-05-09 |
| MELMOTH, Graham John, Sir | Director | 1998-01-23 | 1998-01-23 |
| MELMOTH, Graham John, Sir | Director | 1992-06-19 | 1998-01-23 |
| MOLLOY, Janice Rose | Director | 2002-03-08 | 2004-10-31 |
| MORRIS, William, Sir | Director | 1994-04-15 | 2003-10-31 |
| MORRISON, Ian David | Director | 2006-01-11 | 2015-05-22 |
| MORRISON, Ian David | Director | 1999-11-19 | 2005-08-31 |
| NOON, Paul Thomas | Director | 2012-12-04 | 2015-05-22 |
| NORMAN, David Attlee, Cllr | Director | 1998-02-17 | 2001-07-31 |
| O'GRADY, Frances Lorraine | Director | 2020-09-11 | 2022-12-31 |
| OSBORNE, Michael | Director | 1992-09-18 | 2015-05-22 |
| PEDELTY, Mervyn Kay, Sir | Director | 1998-01-23 | 2004-12-15 |
| POWELL, Sharon | Director | 2001-05-03 | 2013-10-25 |
| PRENTIS, David | Director | 2000-11-16 | 2019-05-20 |
| PRESCOTT, William Alan | Director | — | 2000-04-19 |
| ROUND, Steven John | Director | 1999-11-19 | 2001-06-01 |
| SABISKY, Edward Vincent | Director | 2014-10-30 | 2020-03-01 |
| SIM, Ian Angus | Director | 1993-04-15 | 2005-08-31 |
| SMITHSON, Andrew Kinnear | Director | 2006-04-03 | 2006-04-04 |
| TALBOT, Paul | Director | 2006-01-11 | 2010-12-31 |
| TASKER, Stephen Robert | Director | 2001-03-20 | 2015-12-15 |
| THOMAS OF MACCLESFIELD, Terence James, Lord | Director | — | 1995-01-20 |
| TIMPSON, Henry | Director | — | 1994-04-15 |
| TUFFIN, Alan David | Director | — | 1993-04-15 |
| TUGWELL, Andrew Paul | Director | 1999-11-19 | 2000-09-08 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 474 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-26 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-06 | SH01 | capital | Capital allotment shares | |
| 2025-12-11 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-12-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-10-06 | SH01 | capital | Capital allotment shares | |
| 2025-10-06 | SH01 | capital | Capital allotment shares | |
| 2025-10-06 | SH01 | capital | Capital allotment shares | |
| 2025-09-16 | ANNOTATION | miscellaneous | Legacy | |
| 2025-09-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-11 | SH01 | capital | Capital allotment shares | |
| 2025-06-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-08 | AA | accounts | Accounts with accounts type full | |
| 2025-03-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-27 | SH01 | capital | Capital allotment shares | |
| 2024-04-12 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 6
- Officers appointed
- 3
- 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
+10.5%
£92,421,000 £102,097,000
-
Cash
+30.5%
£476,613,000 £621,898,000
-
Net assets
+28.7%
£172,617,000 £222,117,000
highest in 5 filed years
-
Employees
+22.6%
177 217
-
Profit before tax
+3%
£63,862,000 £65,751,000
highest in 5 filed years
-
Wages
+27.9%
£11,633,000 £14,875,000
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