CREDIT SUISSE (UK) LIMITED
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Next accounts due
2027-09-24 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-05-26 (this month)
Last made up 2025-05-12
Watchouts
None on the register
Cash
£22M
-93.6% vs 2024
Net assets
£306M
+2.1% vs 2024
Employees
60
-69.4% vs 2024
Profit before tax
£10M
-9.3% vs 2024
Name history
Renamed 2 times since incorporation
- CREDIT SUISSE (UK) LIMITED 1996-12-31 → present
- CREDIT SUISSE ASSET MANAGEMENT LIMITED 1991-04-02 → 1996-12-31
- CREDIT SUISSE BUCKMASTER & MOORE LIMITED 1986-04-11 → 1991-04-02
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Turnover | £82,745,000 | £47,807,000 | |
| Operating profit | -£39,829,000 | -£14,574,000 | |
| Profit before tax | £10,804,000 | £9,803,000 | |
| Net profit | £6,888,000 | £6,361,000 | |
| Cash | £341,768,000 | £21,709,000 | |
| Total assets less current liabilities | £357,865,000 | £305,801,000 | |
| Net assets | £299,440,000 | £305,801,000 | |
| Equity | £299,440,000 | £305,801,000 | |
| Average employees | 196 | 60 | |
| Wages | £28,449,000 | £8,674,000 |
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | -48.1% | -30.5% | |
| Net margin | 8.3% | 13.3% | |
| Return on capital employed | -11.1% | -4.8% | |
| Gearing (liabilities / total assets) | 83.4% | 13.3% | |
| Current ratio | 0.94x | 7.54x | |
| Interest cover | -0.54x | -0.81x |
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
- UK-adopted IFRS
- Reporting scope
- Consolidated group
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board has assessed the ability of CSUK to continue as a going concern for a period of at least 12 months from the date of this report. Based on this assessment, the Board is satisfied that CSUK has adequate resources to continue in operation for this period, and it therefore continues to adopt the going concern basis in preparing the financial statements. CSUK is reliant on operational support from UBS AG ('UBS AG') which has provided a letter of support, dated 27 March 2026, ensuring CSUK can meet its obligations for at least 18 months from this date.”
Group structure
- CREDIT SUISSE (UK) LIMITED · parent
- Credit Suisse London Nominees Limited 100%
Significant events
- “On 20 June 2025, the majority of clients and their assets were transferred under a Business Transfer Agreement signed on 20 December 2024.”
- “On 1 May 2025, all employees of CSUK were transferred employment to other UBS legal entities.”
- “On 10th February 2026, the Bank reduced its issued and paid up share capital by £220m by reducing the nominal value of each share.”
- “Client deposits amounting to £27m transferred to UBS AG on 18 February 2026, at no gain or loss, under the Part VII transfer agreement.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 84 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARE, Paul Edward | Secretary | 2005-09-30 | — | British |
| ATKINSON, David John | Director | 2024-03-05 | Jan 1970 | British |
| ERASMUS, Maureen Anne | Director | 2017-10-24 | Jun 1960 | British |
| MCKINNON, Fiona | Director | 2025-09-24 | Oct 1972 | British,Australian |
| TIBBATTS, Shaun Rory James | Director | 2023-08-03 | May 1975 | British |
| TODD, David Andrew Thompson | Director | 2024-03-05 | Feb 1965 | British |
Show 84 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BISHOP, Christopher John | Secretary | — | 1991-08-16 |
| CRANE, Joanna Cargill | Secretary | 1995-12-29 | 1997-02-14 |
| EDMONDS, William Arthur Kenrick | Secretary | 1991-08-16 | 1995-12-29 |
| JENKINS, William John | Secretary | 1996-04-10 | 1999-02-04 |
| MAIDENS, Sarah-Jane, Mrs. | Secretary | 1999-11-01 | 2002-11-25 |
| SILVER, Ralph Brian | Secretary | 2003-01-08 | 2005-09-30 |
| TITLEY, John Eric | Secretary | 1997-02-14 | 1999-10-31 |
| ADAMI, Manfred John, Dr | Director | 1994-05-03 | 1995-12-29 |
| AMOS, Richard James | Director | 2001-02-01 | 2003-03-31 |
| BATTIG, Alois Franz | Director | 2002-11-14 | 2006-09-14 |
| BENNINGTON, Colin Richard | Director | 1997-12-10 | 1999-12-01 |
| BERCHEM, Wilhelm Christian | Director | 2017-09-13 | 2023-06-26 |
| BLAETTLER, Stefanie Dominique | Director | 2020-12-02 | 2025-11-17 |
| BREWSTER, John Philip | Director | 2011-06-23 | 2017-04-27 |
| BROOKHOUSE, Roger Charles Prior | Director | — | 1992-08-28 |
| BUSSEY, Michael Adrian | Director | 2012-01-06 | 2020-01-31 |
| CHAMBERS, Russell Earl | Director | 2008-09-23 | 2011-06-23 |
| CONNER, Alistair Charles | Director | 2019-06-26 | 2021-02-01 |
| CRYSTAL, Emma Linnea Mathilda, Ms. | Director | 2017-02-21 | 2018-11-05 |
| CURRAN, Garrett Paul | Director | 2014-12-08 | 2016-01-19 |
| CUTTS, Philip Martin | Director | 2011-07-18 | 2014-07-01 |
| DAINTON, Stephen Brian | Director | 2008-03-19 | 2011-06-23 |
| DAVIE, Jonathan Richard | Director | 2003-07-03 | 2009-05-11 |
| DE BOISSARD, Gael | Director | 2014-09-12 | 2015-12-31 |
| DEASY, Julian | Director | 2010-09-29 | 2010-11-05 |
| EILTS, Conrad Marshall | Director | 1999-06-03 | 2001-01-31 |
| ELSBY, John Raymond | Director | 1996-04-10 | 1997-12-10 |
| FORRESTER, Jason Pierpoint, Mr. | Director | 2017-02-21 | 2020-08-31 |
| FRANCE, Henry James | Director | — | 1992-01-02 |
| HALE, Ian Michael | Director | 2014-12-08 | 2025-09-30 |
| HAMBRO, Richard Alexander | Director | 2002-10-01 | 2007-01-17 |
| HARE, Denise | Director | 1999-12-01 | 2003-02-03 |
| HARPER, Julie Michelle | Director | 2003-10-03 | 2004-04-30 |
| HARRIS, Philip Mark David | Director | 2015-02-25 | 2017-06-28 |
| HILL, Thomas Richard Cockburn | Director | 2023-11-28 | 2024-06-30 |
| HIRST, Mark Andrew Ogilvie | Director | 2009-12-11 | 2011-12-16 |
| HOFER, Paul Robert | Director | 1995-12-29 | 1997-02-14 |
| HUGHES, Caron Margaret | Director | 2020-06-04 | 2021-11-19 |
| JENKINS, Robert Warren | Director | 1995-06-30 | 1995-12-29 |
| JOHN, Andreas | Director | 2009-04-15 | 2009-12-11 |
| JONES, Mervyn Noel | Director | — | 1995-06-30 |
| KAEMPFER, Steven David Felix | Director | 1995-03-01 | 1995-12-29 |
| KINNEY, Alexandra Brigid | Director | 2017-11-29 | 2024-02-12 |
| KYRIAKOS-SAAD, Fawzi Sami | Director | 2012-06-18 | 2012-11-22 |
| LEIGH PEMBERTON, James Henry | Director | 2010-01-25 | 2013-10-25 |
| LUTHY, Christoph | Director | 1997-03-07 | 1999-12-01 |
| MAIDENS, Sarah-Jane, Mrs. | Director | 1999-12-01 | 2002-11-25 |
| MARSH, Ian Alistair, Mr. | Director | 2008-10-31 | 2010-11-29 |
| MARSHALL, Jeremy Samuel John | Director | 2003-04-25 | 2008-10-31 |
| MAURER, Herman, Dr | Director | — | 1995-06-30 |
| MCGREGOR, Roy | Director | 2005-01-26 | 2007-01-17 |
| METCALF, Richard Brian | Director | 2020-09-09 | 2024-02-29 |
| MICHAELIDES, Costas, Chair Of The Board Of Directors | Director | 2012-06-18 | 2012-12-06 |
| MONAGHAN, James Patrick | Director | — | 1991-09-20 |
| MOTT, William Charles | Director | — | 1992-02-28 |
| NORBURY, Jonathan Peter Martin | Director | 1999-12-01 | 2002-07-02 |
| NORRIS, Mark Edward Michael | Director | 2007-06-05 | 2009-02-06 |
| PAGE, David William | Director | 1998-06-24 | 2002-03-26 |
| PFISTER, Erich | Director | 2012-08-30 | 2014-09-05 |
| POLITZER, Simon David | Director | 2021-06-22 | 2022-09-30 |
| POLITZER, Simon David | Director | 2016-01-27 | 2019-03-22 |
| RAYNER, Paul Anthony | Director | 2003-12-17 | 2007-03-15 |
| REYNOLDS, Paul Adam | Director | 2004-10-15 | 2006-09-14 |
| REYNOLDS, Paul Adam | Director | 1999-12-01 | 2004-06-22 |
| RICHARDS, David William | Director | 2002-10-08 | 2003-07-23 |
| ROHR, Andreas | Director | 2010-12-10 | 2015-04-01 |
| RUEST, Urs | Director | 2019-12-05 | 2020-11-30 |
| RUSSELL, Geoffrey Hyde | Director | 1995-12-29 | 1999-12-01 |
| RYAN, Philip Keebler | Director | 2006-07-20 | 2008-03-19 |
| SALZMANN, Maya | Director | 2006-09-14 | 2008-12-31 |
| SAMUELS, James Anthony Angus | Director | — | 1995-06-30 |
| SCHWARZENBACH, Jorg Hans | Director | 1997-02-14 | 1999-12-01 |
| SORG, Hans Peter | Director | — | 1992-02-28 |
| SPERB, Walter Markus | Director | 2015-04-14 | 2015-12-31 |
| SPITERI, David George | Director | 2023-03-15 | 2025-04-16 |
| STEIMER, Olivier | Director | 1999-12-01 | 2001-12-31 |
| SULLIVAN, Maura | Director | 2015-12-01 | 2019-06-30 |
| THEYTAZ, Philippe | Director | 2020-10-14 | 2023-09-30 |
| TRITTON, Gary John | Director | 2009-04-15 | 2010-12-10 |
| TRITTON, Gary John | Director | 2007-01-17 | 2009-01-19 |
| WENGER, Daniel R | Director | 2012-08-30 | 2014-04-25 |
| WIRTH, Thomas | Director | 2014-06-30 | 2015-03-31 |
| WIRTH, William Ralph | Director | — | 1994-05-02 |
| LORD MOORE OF LOWER MARSH | Corporate Director | 1991-10-01 | 1998-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ubs Group Ag | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-06-12 | Active |
| Credit Suisse Group Ag | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-06-12 |
Filing timeline
Last 20 of 367 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-02-16 MA Memorandum articles
- 2026-02-10 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-25 | AA | accounts | Accounts with accounts type full | |
| 2026-03-10 | CH01 | officers | Change person director company with change date | |
| 2026-02-16 | MA | incorporation | Memorandum articles | |
| 2026-02-13 | CH03 | officers | Change person secretary company with change date | |
| 2026-02-10 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-02-10 | SH20 | capital | Legacy | |
| 2026-02-10 | CAP-SS | insolvency | Legacy | |
| 2026-02-10 | RESOLUTIONS | resolution | Resolution | |
| 2025-11-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-22 | CH01 | officers | Change person director company with change date | |
| 2025-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-29 | AA | accounts | Accounts with accounts type full | |
| 2025-04-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-05 | CH01 | officers | Change person director company with change date | |
| 2024-07-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-23 | AUD | auditors | Auditors resignation company | |
| 2024-05-22 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 2
- Officers appointed
- 1
- Officers resigned
- 2
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
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
-42.2%
£82,745,000 £47,807,000
-
Cash
-93.6%
£341,768,000 £21,709,000
-
Net assets
+2.1%
£299,440,000 £305,801,000
-
Employees
-69.4%
196 60
-
Operating profit
+63.4%
-£39,829,000 -£14,574,000
-
Profit before tax
-9.3%
£10,804,000 £9,803,000
-
Wages
-69.5%
£28,449,000 £8,674,000
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