BANK OF CHINA (UK) LIMITED

Company number

06193060

Status

Active

Incorporation

2007-03-29

Last accounts made up

2024-12-31

Account category

FULL

Primary SIC

64191

Hubs

UK Fintech

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Board has given its consideration to the going concern status of the Bank as at the reporting date. The Board has considered financial forecasts running out to December 2026 which included the latest business assumptions. The Board has taken into consideration the current economic environment, the Bank's business model, the financial forecast and capital requirements and is satisfied that it has the resources to continue in business for a period of at least 12 months from the date of this report. As part of the going concern assessment the Board have also acknowledged this increase in global uncertainty and considered what effects the Bank may face in the future. 2024 was the biggest election year in human history, half the world's population held national elections in 2024. The leadership changes in some of these countries have meant significant changes in national and foreign policies. We have seen an increase in tariffs imposed by the United States on a number of countries and we have also seen changes in the approach by some governments to resolving the conflicts which occurred in Gaza and the Ukraine.”

Subsidiaries

• China Bridge Group (UK) Limited · 100% held · United Kingdom

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