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Cash

£23B

+81.6% vs 2019

Net assets

£8B

+1.6% vs 2019

Employees

Average over period

Profit before tax

£193M

-56.9% vs 2019

Accounts

2-year trend · latest reflected 2020-12-31

Latest accounts filed cover 2024-12-31, 2023-12-31, 2022-12-31, 2021-12-31; financial figures currently reflect up to 2020-12-31.

Metric Trend 2019-12-312020-12-31
Turnover
Operating profit
Profit before tax £449,029,126£193,307,906
Net profit £407,420,250£153,432,732
Cash £12,617,024,965£22,910,020,804
Total assets less current liabilities
Net assets £7,541,608,877£7,664,701,803
Equity £7,541,608,877£7,664,701,803
Average employees
Wages £467,233,010£465,499,307

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 2019-12-312020-12-31
Gearing (liabilities / total assets) 95.8%96.0%

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
IFRS
Reporting scope
Consolidated group
Auditor
Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Executive Board has made a positive assessment concerning the going concern capability of the Helaba Group.”

Group structure

  1. LANDESBANK HESSEN-THUERINGEN GIROZENTRALE · parent
    1. 1822direkt Gesellschaft der Frankfurter Sparkasse mbH 100% · Germany · Provider of ancillary services
    2. Airport Office One GmbH & Co. KG 100% · Germany · Other undertaking
    3. ASTARTE Verwaltungsgesellschaft mbH & Co. Vermietungs KG 100% · Germany · Financial institution
    4. BHT Baugrund Hessen-Thüringen GmbH 100% · Germany · Other undertaking
    5. Helaba Invest Kapitalanlagegesellschaft mbH 100% · Germany · Investment trust company
    6. Helaba Asset Services Unlimited Company 100% · Ireland · Financial institution
    7. HONUA LP LLC 100% · USA · Other undertaking

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

People

4 active · 29 resigned

Name Role Appointed Born Nationality
GROSS, Thomas Director 2012-10-15 Aug 1965 German
HOSEMANN, Detlef, Dr Director 2009-12-01 Nov 1968 German
KEMLER, Hans-Dieter Director 2017-05-01 Aug 1968 German
SCHMID, Christian Director 2018-12-20 Apr 1968 German
Show 29 resigned officers
Name Role Appointed Resigned
BEDRANOWSKY, Ralf Director 2004-09-01 2007-09-30
BERGER, Johann Director 2007-10-01 2012-09-30
BRENNER, Hans-Dieter Director 2002-08-01 2017-03-06
BROVER, Norbert Edmund, Dr Director 2000-10-01 2007-06-30
BUNGARTEN, Stefan Director 2008-07-01 2009-03-26
DREHER, Erich Director 1980-06-20 2017-03-06
FENK, Jurgen Director 2012-10-01 2017-09-30
GROB, Klaus - Dieter Director 2004-10-01 2013-07-31
GRUENTKER, Herbert Hans Director 2015-08-01 2020-05-31
HERBERHOLZ, Horst, Dr Director 1980-06-20 2017-03-06
HOPSON, Frederick Director 1996-07-01 2000-09-29
KAZIERZAK, Herbert, Dr Director 1980-06-20 2017-03-06
KOBIELA, Peter Director 2001-03-14 2008-03-31
KRICK, Rainer Director 2009-09-15 2016-07-31
KUNISCH, Herman-Adolf, Dr Director 1980-06-20 1998-12-31
MEINZ, Theo Director 1980-06-20 1994-10-31
MERL, Gunther Director 2001-07-01 2008-09-30
MEYER, Josef Director 1980-06-20 2017-03-06
MOSER, Hubertus Director 1980-06-20 2017-03-06
MULFINGER, Klaus-Joerg Director 2015-01-01 2018-12-31
NICKEL, Frank Director 2020-06-01 2025-06-30
NIESSLEIN, Gerhard, Dr Director 1995-10-01 1999-02-28
QUENSEN, Harald, Dr Director 2006-01-01 2007-08-31
RAUPACH, Gerrit Director 2007-10-01 2012-09-30
SCHAEFER, Walter Director 1980-06-20 2001-06-30
SCHRAAD, Norbert, Dr Director 2006-05-01 2020-05-31
SIPPEL, Heinz, Dr Director 1980-06-20 2017-03-06
TRINKHAUS, Bernd, Dr Director 1980-06-20 2017-03-06
VETTER, Hans-Jorg Director 1997-04-14 2001-01-02

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 132 total filings

Date Type Category Description
2026-03-31 AA accounts Accounts with accounts type group
2026-03-09 AA accounts Accounts with accounts type group
2026-03-09 AA accounts Accounts with accounts type group
2026-03-09 AAMD accounts Accounts amended with accounts type group
2026-03-09 AAMD accounts Accounts amended with accounts type group
2025-12-11 OSTM01 officers Termination person director overseas company with name termination date
2025-11-20 AA accounts Accounts with accounts type group
2025-11-19 AA accounts Accounts with accounts type group
2021-11-24 OSCH01 other Change company details by uk establishment overseas company with change details
2020-08-01 AA accounts Accounts with accounts type group
2020-07-15 OSTM01 officers Termination person director overseas company with name termination date
2020-07-15 OSAP01 officers Appoint person director overseas company with name appointment date
2020-07-15 OSTM01 officers Termination person director overseas company with name termination date
2019-10-09 AA accounts Accounts with accounts type group
2019-03-29 OSAP01 officers Appoint person director overseas company with name appointment date
2019-02-07 OSTM01 officers Termination person director overseas company with name termination date
2018-09-07 AA accounts Accounts with accounts type group
2017-11-22 OSTM01 officers Termination person director overseas company with name termination date
2017-07-04 AA accounts Accounts with accounts type group
2017-05-17 OSAP01 officers Appoint person director overseas company with name appointment date

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
0

last 24 months

Officers appointed
0

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.

Year-on-year

FY2019 → FY2020 · period ending 2020-12-31 vs 2019-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Heads up: a more recent set of accounts has been filed but isn't yet reflected here — the figures above are older than the company's latest filing.

Official Companies House page