CONISTER BANK LIMITED
Get an alert when CONISTER BANK LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£12M
+39.1% vs 2023
Net assets
£46M
+10.6% vs 2023
Employees
—
Average over period
Profit before tax
£2M
-24.6% vs 2023
Name history
Renamed 1 time since incorporation
- CONISTER BANK LIMITED 2024-04-22 → present
- CONISTER 2021-09-09 → 2024-04-22
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £33,890,000 | £41,001,000 | |
| Operating profit | £2,493,000 | £1,880,000 | |
| Profit before tax | £2,493,000 | £1,880,000 | |
| Net profit | £2,163,000 | £1,691,000 | |
| Cash | £8,620,000 | £11,992,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £41,498,000 | £45,894,000 | |
| Equity | £41,498,000 | £45,894,000 | |
| Average employees | — | — | |
| Wages | — | — |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 7.4% | 4.6% | |
| Net margin | 6.4% | 4.1% | |
| Gearing (liabilities / total assets) | 90.8% | 90.3% | |
| Interest cover | 0.16x | 0.08x |
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
- KPMG Audit LLC
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group has recognised a profit for the year after taxation of £1,691,000 (2023: £2,163,000). As at the year ended 31 December 2024, the Group had a total capital ratio of 18.0% (2023: 15.9%) which exceeded the regulatory minimum requirement of 15.3% (2023: 15.3%) (see note 4(c)) and had net assets of £45,894,000 (2023: £41,498,000). The Group has also considered its Internal Capital Adequacy Assessment Process (ICAAP) to assess its future capital and liquidity requirements. Based on these factors, management has a reasonable expectation that the Group has and will continue to have adequate resources to continue in operational existence for a period of at least 12 months from approval of the financial statements. Accordingly, the Directors continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- CONISTER BANK LIMITED · parent
- Conister Finance & Leasing Ltd 100%
- Manx Financial Limited 100%
- Transbank Card Services Limited 100%
- Transbank Limited 100%
Significant events
- “All of the issued shares of the Bank are held by Manx Financial Group PLC ("MFG").”
- “Following the FCA Motor Market review in 2019 which resulted in a change in rules in January 2021, the Group has to date received a small number of complaints in respect of motor finance commissions... The Group has recognised a provision of £202,920 as best estimate of the expenditure required at 31 December 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CROSSLEY, Lesley Anne | Secretary | 2021-09-09 | — | — |
| EKE, Denham Hervey Newall | Director | 2021-09-09 | Sep 1951 | British |
| GRANT, Douglas Haddow | Director | 2021-09-09 | Jan 1965 | British |
| JONES, Gregory Andrew Christopher | Director | 2021-11-03 | Dec 1958 | British |
| MORLEY, Ian Bertrand | Director | 2021-09-09 | Oct 1951 | British |
| QURESHI, Haseeb Haq | Director | 2021-09-09 | Apr 1988 | British |
| SMEED, James Brian Andrew | Director | 2021-09-09 | Jun 1984 | British |
| SPELLMAN, John | Director | 2021-09-09 | Aug 1966 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CLARKE, Alan | Director | 2021-09-09 | 2025-09-16 |
| ELLIOTT, Lynsey Caroline | Director | 2024-06-01 | 2024-12-04 |
| GIBSON, David | Director | 2021-09-09 | 2022-05-25 |
| SKELTON, Samuel Neil | Director | 2021-09-09 | 2024-05-04 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 42 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-04-22 OSNM01 Change of name overseas by resolution with date
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-16 | OSAP05 | officers | Appoint person authorised represent overseas company with appointment date | |
| 2025-09-25 | OSTM03 | officers | Termination person authorised overseas company | |
| 2025-09-25 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2025-09-02 | AA | accounts | Accounts with accounts type full | |
| 2025-05-16 | OSAP07 | officers | Appoint person authorised accept overseas company with appointment date | |
| 2025-05-15 | OSTM03 | officers | Termination person authorised overseas company | |
| 2024-12-31 | OSTM03 | officers | Termination person authorised overseas company | |
| 2024-12-30 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2024-08-14 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2024-08-14 | OSAP05 | officers | Appoint person authorised represent overseas company with appointment date | |
| 2024-07-17 | AA | accounts | Accounts with accounts type group | |
| 2024-06-21 | OSAP05 | officers | Appoint person authorised represent overseas company with appointment date | |
| 2024-05-29 | OSTM03 | officers | Termination person authorised overseas company | |
| 2024-05-24 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2024-05-24 | OSTM03 | officers | Termination person authorised overseas company | |
| 2024-04-22 | OSNM01 | change-of-name | Change of name overseas by resolution with date | |
| 2024-04-19 | OSCH01 | other | Change company details by uk establishment overseas company with change details | |
| 2024-04-19 | OSCH01 | other | Change company details by uk establishment overseas company with change details | |
| 2023-08-07 | AA | accounts | Accounts with accounts type group | |
| 2023-04-17 | OSCH03 | officers | Change person director overseas company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+21%
£33,890,000 £41,001,000
-
Cash
+39.1%
£8,620,000 £11,992,000
-
Net assets
+10.6%
£41,498,000 £45,894,000
-
Employees
—
Not reported
-
Operating profit
-24.6%
£2,493,000 £1,880,000
-
Profit before tax
-24.6%
£2,493,000 £1,880,000
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