The Co-Operative Bank Holdings P.L.C.
Registered name: THE CO-OPERATIVE BANK HOLDINGS P.L.C.
Part of Coventry Building Society groupThe Co-Operative Bank Holdings P.L.C. made £484m revenue and £86.1m profit in the year to 31 Dec 2025.
The Co-Operative Bank Holdings P.L.C.’s revenue fell 5% to £484m in the year to 31 Dec 2025, with £86.1m profit. The company is classified under “non-trading company” and is based in Manchester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 9 yrs · since 2017
- 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 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £518m | £509m | £484m |
| Operating profit | £72m | £67.9m | — |
| Profit before tax | £71.4m | £72.9m | £53.7m |
| Profit after tax | £130m | £47.3m | £86.1m |
| Profit (best available) | £130m | £47.3m | £86.1m |
| Employees (average) | 3,305 | 3,223 | — |
| Ratios | |||
| Profit margin | 25.1% | 9.3% | 17.8% |
| Revenue per employee | £157k | £158k | — |
| Profit per employee | £39.2k | £14.7k | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼1.6% | ▼5.1% |
| Profit growth | — | ▼63.5% | ▲82% |
| Headcount growth | — | ▼2.5% | — |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Mar 2025 | Accounts · bulk data Mar 2025 | Accounts · bulk data May 2026 |
How the business works
- Profit margin
- 17.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Coventry Building Society (registered outside the UK register)ultimate parent75–100%
- The Co-Operative Bank Holdings P.L.C.this company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- The Co-Operative Bank Finance P.L.C.Figures 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 £86.1m), 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.