SANTANDER CONSUMER (UK) PLC

1. SANTANDER CONSUMER (UK) PLC 2005-07-13 → present
2. SANTANDER CONSUMER FINANCE (UK) PLC. 2005-04-01 → 2005-07-13
3. FIRST NATIONAL MOTOR NO. 1 PLC 2003-01-16 → 2005-04-01
4. SRF FINANCING 3 PLC 1988-06-02 → 2003-01-16
5. SALTBARN LIMITED 1988-04-27 → 1988-06-02

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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least the period of 12 months from the date the financial statements are authorised for issue. Accordingly, they continue to adopt the going concern basis of accounting in preparing the annual report and financial statements.”

Significant events

• “Further to the publication of the FCA's consultation paper on 7 October 2025 regarding a proposed industry-wide motor finance consumer redress scheme (Consultation), which followed the Supreme Court judgment of 1 August 2025 in Hopcraft, Wrench and Johnson (Hopcraft), the Santander UK group has reassessed the potential financial impact arising from motor finance related redress payments.”
• “The FCA's Consultation closed on 12 December 2025, and the Company has throughout engaged constructively with the FCA in respect of its detailed consideration of the Consultation proposals. Based on its detailed consideration, the Company considers that there remains significant uncertainty regarding the ultimate outcome of the Consultation. The Company has updated its range of scenarios which has resulted in an additional estimated charge of £183m, increasing the total provision to £461m.”
• “In 2025, the Company along with its two joint ventures, continued to support the transition to a low carbon economy through its consumer finance offering and has achieved £2bn target for green finance lending by 2025. The Company along with its two joint ventures issued £4.76bn of green consumer finance in the UK since 2021.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +7.1%

  £698,229,000 → £747,929,000

• Cash

  -35.2%

  £108,202,000 → £70,126,000

• Net assets

  -11.8%

  £815,503,000 → £719,653,000

• Employees

  -5.2%

  801 → 759

• Operating profit

  +44.9%

  -£219,326,000 → -£120,817,000

• Profit before tax

  +45%

  -£227,886,000 → -£125,314,000

• Wages

  -7.6%

  £45,740,000 → £42,253,000

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