HSBC Bank PLC
Registered name: HSBC BANK PLC
Part of HSBC Holdings PLC groupHSBC Bank PLC made £6.9bn revenue and a £581m loss in the year to 31 Dec 2025.
HSBC Bank PLC’s revenue fell 8% to £6.9bn in the year to 31 Dec 2025, with a loss of £581m and 10,210 employees. The company is classified under “banks”; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 146 yrs · since 1880
- Type
- Public Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £7.5bn | £6.9bn |
| Operating profit | £2bn | −£180m |
| Profit before tax | £2.1bn | −£119m |
| Profit after tax | £1.3bn | −£581m |
| Profit (best available) | £1.3bn | −£581m |
| Employees (average) | 11,456 | 10,210 |
| Ratios | ||
| Profit margin | 17.2% | −8.5% |
| Revenue per employee | £652k | £674k |
| Profit per employee | £112k | −£56.9k |
| Growth (year on year) | ||
| Revenue growth | — | ▼8% |
| Profit growth | — | ▼145.3% |
| Headcount growth | — | ▼10.9% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data May 2026 | Accounts · bulk data May 2026 |
How the business works
- Profit margin
- −8.5%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £674k
- Revenue ÷ average employees.
- Profit per employee
- −£56.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼11%
- Now 10,210
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- HSBC Holdings PLCultimate parent75–100%
- HSBC Bank PLCthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (34)
- Mittal Investments UK LimitedRev. £6.2m · Profit £405k
- AI Nominees (UK) One LimitedFigures not disclosed
- AI Nominees (UK) Two LimitedFigures not disclosed
- Assetfinance December (P) LimitedFigures not disclosed
- Aybe Capital Advisers LimitedFigures not disclosed
- CCF & Partners Asset Management LimitedLiquidationFigures not disclosed
- Charterhouse Management Services LimitedFigures not disclosed
- Charterhouse Pensions LimitedFigures not disclosed
- Coif Nominees (UK) Two LimitedFigures not disclosed
- Coif Nominees LimitedFigures not disclosed
- HSBC (BGF) Investments LimitedFigures not disclosed
- HSBC Asset Finance (UK) LimitedFigures not disclosed
- HSBC Asset Finance M.o.g. Holdings (UK) LimitedFigures not disclosed
- HSBC Client Holdings Nominee (UK) LimitedFigures not disclosed
- HSBC Corporate Trustee Company (UK) LimitedFigures not disclosed
- HSBC Global Custody Nominee (UK) LimitedFigures not disclosed
- HSBC Global Custody Proprietary Nominee (UK) LimitedFigures not disclosed
- HSBC Investment Bank Holdings LimitedFigures not disclosed
- HSBC Issuer Services Common Depositary Nominee (UK) LimitedFigures not disclosed
- HSBC Lu Nominees LimitedFigures not disclosed
- HSBC Marking Name Nominee (UK) LimitedFigures not disclosed
- HSBC Overseas Nominee (UK) LimitedFigures not disclosed
- HSBC Preferential LP (UK)Figures not disclosed
- HSBC Private Equity Investments (UK) LimitedFigures not disclosed
- James Capel (Nominees) LimitedFigures not disclosed
- James Capel (Taiwan) Nominees LimitedFigures not disclosed
- Laken Properties LimitedFigures not disclosed
- LK Advisers LimitedFigures not disclosed
- Midcorp LimitedLiquidationFigures not disclosed
- Prudential Client HSBC Gis Nominee (UK) LimitedFigures not disclosed
- Rlukref Nominees (UK) One LimitedFigures not disclosed
- Rlukref Nominees (UK) Two LimitedFigures not disclosed
- Westview Cricket LimitedFigures not disclosed
- Wilks Services LimitedFigures not disclosed
Sister companies (23)
- Blue Door 54 LimitedFigures not disclosed
- Castle Utilities Group LimitedFigures not disclosed
- Castle Water Group LimitedFigures not disclosed
- Castle Water LimitedFigures not disclosed
- Cinnabar 2021 Direct Lending, LimitedFigures not disclosed
- Cinnabar 2025 Direct Lending, LimitedFigures not disclosed
- CX Tech LimitedFigures not disclosed
- GPG Energy LimitedFigures not disclosed
- HSBC Asia Pacific Holdings (UK) LimitedFigures not disclosed
- HSBC Asset Management UK Holdings LimitedFigures not disclosed
- HSBC Corporate Secretary (UK) LimitedFigures not disclosed
- HSBC Finance (Netherlands)Figures not disclosed
- HSBC Global Asset Management LimitedFigures not disclosed
- HSBC Global Services LimitedFigures not disclosed
- HSBC Group Nominees UK LimitedFigures not disclosed
- HSBC Investment Company LimitedFigures not disclosed
- HSBC Latin America Holdings (UK) LimitedFigures not disclosed
- HSBC Overseas Holdings (UK) LimitedFigures not disclosed
- HSBC Retirement Benefits Trustee (UK) LimitedFigures not disclosed
- HSBC UK Bank PLCFigures not disclosed
- Newlenoir LimitedRev. — · Profit −£81.4k
- Stint LtdRev. — · Profit −£3.3m
- Tooley Street View LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£581m), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.