UK Companies House feature
UNITED BANK FOR AFRICA (UK) LIMITED
Profile
- Company number
- 03104974
- Status
- Active
- Incorporation
- 1995-09-21
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64191
- Hubs
- UK Fintech
Accounts
Pending extraction
No iXBRL extracted yet for this company.
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the Directors are satisfied that the Bank as a whole has adequate resources to continue in operation and meet their liabilities as they fall due for a period of 12 months from the date of approval of the financial statements. In addition, the Directors have also considered the undertaking by the parent, UBA PLC, to provide such financial assistance as is necessary for the Bank to fulfil its obligations and therefore continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “The 2024 financial year was marked with several inflection points as macroeconomic and geopolitical headwinds continued to affect the global economy.”
- “The 2024 financial year saw a significant increase in regulatory scrutiny and financial risk affecting the banking industry.”
- “The global economy in FY2024 remained challenging and underwhelming as the world continued to grapple with economic and political shocks from global trade and geopolitical inflection points within the year.”
- “In October 2024, the Government of Ghana withdrew the Ghana 0 04/07/25 Bond (Old Bond) in the Amortised Cost portfolio and replaced with the issuance of two separate bonds with new maturities Ghana 0 07/03/26 (US$0.2m) and Ghana 1.5 01/03/37 (US$4.4m) (New Bonds). The new bonds are recognised as a POCI and treated in line with the POCI policy, and IFRS9 requirements.”
- “At the beginning of 2024, the Bank maintained US$6.0m investment in a Eurobond issued by Ecobank Nigeria, maturing in Feb-26. Following two credit downgrades by FITCH, from 'B-'to 'CCC+' in Feb-24, and subsequently to 'CCC-' in Jul-24, the Bank sold US$2.95m and reduced its investments to US$3mat the end of the year.”
- “In Q4 2024, the Bank exited its position in the sovereign Eurobond issued by the Arab Republic of Egypt... with a corresponding gain on the sale of the investment security recognised in the profit or loss account (US$0.86m).”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
10 active · 42 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| IWUCHUKWU, Helen Ogonna | Secretary | 2023-09-22 | — | — |
| ALAWUBA, Oliver | Director | 2022-11-15 | Jun 1966 | Nigerian |
| COULTER, John, Mr. | Director | 2017-08-10 | Oct 1961 | Irish |
| GREENSTREET, Ian Owulakwao | Director | 2020-08-05 | Feb 1959 | British |
| LOW, Allan Christopher Michael | Director | 2023-10-11 | Feb 1960 | British |
| MISHRA, Loknath | Director | 2026-02-02 | Nov 1969 | Indian |
| SALEH, Nashwa, Dr. | Director | 2023-10-25 | Jan 1976 | British |
| TROTTER, Alexander James | Director | 2020-08-06 | Jan 1967 | British,French |
| UZOKA, Kennedy | Director | 2019-10-04 | Oct 1966 | Nigerian |
| YOMI-AJAYI, Adesolaadebola | Director | 2022-11-15 | Sep 1972 | Nigerian |
Show 42 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ADEKUNLE-SANUSI, Ololade | Secretary | 2020-10-06 | 2023-10-05 |
| ASHIMI, Tonbofa | Secretary | 2018-08-30 | 2019-02-08 |
| AVWUNU, George Akpobo | Secretary | 1997-05-02 | 1999-08-06 |
| BREESE, Peter Alan | Secretary | 2007-02-13 | 2007-10-01 |
| DELE-GIWA, Olufunmilayo Itinuola | Secretary | 2019-02-11 | 2020-09-30 |
| DENNIS, William | Secretary | 2009-03-27 | 2009-12-04 |
| MBU, Janet Olivia | Secretary | 2015-09-23 | 2018-08-30 |
| ONITIRI, Andrew | Secretary | 1999-08-06 | 2007-02-13 |
| SAVAKER, Paul | Secretary | 2015-07-01 | 2015-09-23 |
| CORNHILL SECRETARIES LIMITED | Corporate Secretary | 2011-10-27 | 2015-07-01 |
| CORNHILL SECRETARIES LIMITED | Corporate Nominee Secretary | 2007-10-01 | 2009-03-27 |
| FIRST SECRETARIES LIMITED | Corporate Nominee Secretary | 1995-09-21 | 1997-05-01 |
| ADEYEMI, Adeleke Surajudeen | Director | 2018-03-16 | 2020-01-20 |
| ADEYEMI, Surajudeen Adeleke | Director | 2021-04-07 | 2023-01-06 |
| ANEKE, Angela Claire Nkiruka Etomi | Director | 2012-04-24 | 2013-12-11 |
| BELMONT, Peter Andrew | Director | 2007-06-18 | 2009-12-04 |
| BREESE, Peter Alan | Director | 2002-04-29 | 2009-01-16 |
| CARPENTER, Clive David | Director | 2014-05-29 | 2020-05-29 |
| DRUMMOND, Hereward John Heneage | Director | 2014-10-04 | 2014-10-30 |
| ELUMELU, Anthony Onyemaechi | Director | 2007-10-18 | 2012-05-15 |
| GUTMANN, Patrick Rudolf | Director | 2019-01-14 | 2020-11-30 |
| HENSHAW, Theresa Asari, Mrs. | Director | 2023-09-22 | 2025-04-17 |
| IHENACHO, Phillip Iwuala | Director | 1995-09-21 | 2012-05-15 |
| IKE, Uche Remigius | Director | 2019-10-08 | 2024-06-19 |
| MARTIN, Andrew William | Director | 2015-01-05 | 2019-01-07 |
| MARX, Daniel Jacobus | Director | 2020-03-05 | 2021-04-16 |
| MER, Nandan | Director | 2008-12-11 | 2010-04-01 |
| MORDI, Chika | Director | 2008-02-15 | 2008-07-15 |
| NDUBISI, Chiugo Benedict | Director | 2020-07-23 | 2022-10-07 |
| OGBUE, Ebele | Director | 2010-04-01 | 2014-12-18 |
| OKWECHIME, Rose Ada | Director | 2014-07-08 | 2020-07-08 |
| OKWECHIME, Rose Ada | Director | 2007-10-18 | 2008-11-16 |
| OLALOKU, Oluwafemi Olakunle | Director | 2014-12-18 | 2016-05-31 |
| ONEJEME, Ifeatu Chinedu | Director | 2010-10-21 | 2011-11-01 |
| ONI, Samuel, High Chief | Director | 2015-08-01 | 2021-07-31 |
| OSADOLOR, Victor Aiminogho | Director | 2016-06-10 | 2019-10-25 |
| OSADOLOR, Victor Aiminogho | Director | 2011-11-01 | 2011-12-31 |
| OSADOLOR, Victor Aiminogho | Director | 2009-07-24 | 2010-10-01 |
| ROMER-LEE, Alexander Knyvett | Director | 2015-08-01 | 2021-07-31 |
| SELBIE, George Nicholas | Director | 2008-12-17 | 2009-12-04 |
| THOMAS, David Victor | Director | 2008-12-17 | 2014-12-18 |
| UZOKA, Kennedy | Director | 2012-12-12 | 2014-12-18 |
Ownership
Persons with significant control
No PSC data extracted yet.
Filing timeline
Last 20 of 244 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-02 | AP01 | officers | appoint person director company with name date |
| 2025-08-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-04-24 | AA | accounts | accounts with accounts type full |
| 2025-04-22 | TM01 | officers | termination director company with name termination date |
| 2024-11-25 | RESOLUTIONS | resolution | resolution |
| 2024-11-25 | MA | incorporation | memorandum articles |
| 2024-09-05 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-06-21 | TM01 | officers | termination director company with name termination date |
| 2024-05-09 | AA | accounts | accounts with accounts type full |
| 2024-04-08 | CH01 | officers | change person director company with change date |
| 2023-12-21 | AP01 | officers | appoint person director company with name date |
| 2023-12-21 | AP01 | officers | appoint person director company with name date |
| 2023-10-07 | TM02 | officers | termination secretary company with name termination date |
| 2023-09-26 | AP01 | officers | appoint person director company with name date |
| 2023-09-26 | AP03 | officers | appoint person secretary company with name date |
| 2023-09-15 | AUD | auditors | auditors resignation company |
| 2023-09-13 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-09-11 | ANNOTATION | miscellaneous | legacy |
| 2023-09-08 | ANNOTATION | miscellaneous | legacy |
| 2023-05-15 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.