CROWN AGENTS BANK LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. CROWN AGENTS BANK LIMITED 2005-09-19 → present
2. CROWN AGENTS FINANCIAL SERVICES LIMITED 1989-01-12 → 2005-09-19

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

IFRS

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have assessed the ability of CAB to continue as a going concern based on the net current asset position, regulatory capital requirements and estimated future cash flows. The Directors have formed the view that CAB has adequate resources to continue in existence for a period of 12 months from when these financial statements are authorised for issue. Accordingly, the financial statements of CAB have been prepared on a going concern basis.”

Group structure

1. CROWN AGENTS BANK LIMITED · parent
   1. CAB Europe BV 1%

Significant events

• “As announced during Q1 2025, in line with the refreshed strategy, CAB has commenced a programme to reduce its head count by approximately 20%. Furthermore, CAB will continue to reinvest in front-line sales teams on a global scale to drive revenue growth. As a result; staff costs in 2025 are expected to be broadly flat year-on-year. The redundancy program will cost c.£2.0m.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  -23.1%

  £137,423,000 → £105,623,000

• Cash

  +6.5%

  £1,181,046,000 → £1,257,589,000

• Net assets

  +12.2%

  £134,204,000 → £150,598,000

• Employees

  +34%

  303 → 406

• Operating profit

  -67.7%

  £57,951,000 → £18,692,000

• Profit before tax

  -65.1%

  £57,497,000 → £20,069,000

• Wages

  -2%

  £35,704,000 → £34,979,000

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