THE FINANCIAL CONDUCT AUTHORITY

Operating independently of the UK government as a company limited by guarantee, the Financial Conduct Authority is the statutory regulatory body responsible for overseeing financial services firms and maintaining market integrity.

#01920623 · Active · Incorporated 1985-06-07 (41y 4m) · Last filing 2026-10-09 (this month)

Industrials · SIC 80300 · N Administrative & Support Service Activities · Group accounts

Accounts due 2027-12-31 (in 1y) · Confirmation due 2027-07-20 (in 9 months) · 1 watchout

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Cash

£441m

+12.2% highest in 3 filed years

Net assets

£558m

+9% highest in 3 filed years

Employees

5,677

+5.5% highest in 3 filed years

Profit before tax

—

Period ending 2026-03-31

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

8 officer resignations in last 12 months

Multiple officers have left the board recently — see the People section for who.

Net assets

3-year trend · vs Industrials median

THE FINANCIAL CONDUCT AUTHORITY·Industrials median · n=958

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric	2024-03-31	2025-03-31	2026-03-31	Δ vs prior
Total income	£758,300,000	£842,000,000	£860,400,000	+2.2%
Operating profit	-£3,400,000	£44,500,000	—	—
Profit before tax	£6,500,000	£57,100,000	—	—
Net profit	-£44,800,000	£48,500,000	£31,300,000	-35.5%
Cash	£311,700,000	£393,000,000	£440,800,000	+12.2%
Total assets less current liabilities	£266,200,000	—	—	—
Net assets	£23,400,000	£512,300,000	£558,200,000	+9%
Equity	£23,400,000	£512,300,000	£558,200,000	+9%
Average employees	4,995	5,379	5,677	+5.5%
Wages	£354,200,000	£394,200,000	£417,100,000	+5.8%
Directors' remuneration	£640,000	£2,570,000	£2,780,000	+8.2%
Directors' pension contributions	£61,000	£67,000	—	—
Highest paid director	£469,788	£49,200,000	£51,400,000	+4.5%

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2024-03-31	2025-03-31	2026-03-31
Operating margin	-0.4%	5.3%	—
Net margin	-5.9%	5.8%	3.6%
Return on capital employed	-1.3%	—	—
Gearing (liabilities / total assets)	96.3%	45.0%	42.7%
Current ratio	0.92x	1.68x	—
Interest cover	-0.68x	9.27x	—

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.

Name history

Renamed 3 times since incorporation

THE FINANCIAL CONDUCT AUTHORITY 2013-04-02 → present
THE FINANCIAL SERVICES AUTHORITY 1997-10-28 → 2013-04-02
THE SECURITIES AND INVESTMENTS BOARD 1987-08-20 → 1997-10-28
SECURITIES AND INVESTMENTS BOARD LIMITED(THE) 1985-06-07 → 1987-08-20

Audit & accounting basis

Accounting basis: UK adopted International Accounting Standards
Reporting scope: Standalone (parent only)
Auditor: Comptroller and Auditor General
Audit opinion: Unqualified (clean)
Going concern: Affirmed

Significant events

“The Financial Services and Markets Bill, which contains measures directly relevant to the FCA's remit including the merging of the FCA and PSR, received its first reading in the House of Lords on 19 May 2026 and second reading in the House of Commons on 8 June 2026. It is expected to receive Royal Assent in 2027, subject to parliamentary procedure taking its course.”

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

People

10 active · 103 resigned

Name	Role	Appointed	Born	Nationality
ARORA, Nisha Anumeha	Secretary	2026-05-05	—	—
ALDER, Ashley Ian	Director	2023-02-20	Jun 1959	British
BALL, John Eric	Director	2025-05-27	Mar 1962	British
BLACK, Julia Mary, Professor	Director	2025-05-12	Jan 1967	British
BRADDICK, Katharine Mary	Director	2026-07-01	Jun 1974	British
HUTCHERSON, Sophie Louise	Director	2023-04-17	Apr 1965	British
KIMBER, Anita Debora	Director	2025-05-12	Apr 1964	British
MALRAIT, Stephane Jean-Pierre	Director	2025-10-20	Aug 1966	French
RATHI, Nikhil	Director	2020-10-01	Aug 1979	British
ZHANG, Zheng	Director	2024-02-19	Jan 1979	British

Show 103 resigned officers

Name	Role	Appointed	Resigned
ALLEN, Timothy Edward	Secretary	—	1998-07-31
BAKE, Miles	Secretary	2022-03-23	2023-12-31
BROWN, Kenneth Iain	Secretary	2004-12-01	2012-05-31
DAY, Sarah Louise	Secretary	2026-03-16	2026-05-04
HAGUE, William	Secretary	2024-01-01	2024-06-30
HALL, Tobias Ralph	Secretary	2024-07-01	2026-03-16
KING, Geoffrey William	Secretary	1998-10-14	2004-12-01
PEARCE, Simon Marshall	Secretary	2012-06-01	2022-03-23
SKEELS, Jennifer Elizabeth Caroline	Secretary	1998-08-01	1998-10-14
ADAMSON, Clive Peter	Director	2013-04-01	2015-01-30
ALEXANDER OF WEEDON, Robert Scott, Lord	Director	1994-01-01	1996-12-31
BAILEY, Andrew, Dr	Director	2013-04-01	2020-03-13
BLACK, Moira Elizabeth	Director	1998-12-01	2004-12-01
BOYD, Stewart Craufurd	Director	1999-03-01	2004-03-31
BRADLEY, Catherine Annick Caroline	Director	2014-08-02	2020-07-31
BRIAULT, Clive Bramwell	Director	2004-04-01	2008-04-30
CHILD, Denis Marsden	Director	—	1992-07-31
CLEMENTI, David Cecil, Sir	Director	1997-09-01	2002-08-31
COLE, Margaret	Director	2010-09-07	2012-03-31
COLEMAN, Liam John	Director	2019-11-05	2025-10-09
CONROY, Bernadette Sarah	Director	2020-04-06	2026-04-05
CRAVEN, John Anthony, Sir	Director	—	1993-10-31
CROFT, Roy Henry Francis	Director	—	1993-04-12
CROSBY, James Robert, Sir	Director	2004-01-15	2009-02-11
DAVIDSON, Janet Amanda Margaret	Director	2010-05-01	2016-03-31
DAVIES, Howard John, Sir	Director	1996-07-01	2003-09-21
DAWSON, Sandra, Professor Dame	Director	2010-05-01	2013-03-31
DE SWAAN, Tommy	Director	2001-01-19	2007-01-18
DEWAR, Sally Marie	Director	2008-01-09	2011-01-09
FAIRBAIRN, Carolyn Julie	Director	2007-12-11	2011-12-31
FARRANT, Richard Henry	Director	1998-06-01	1999-01-31
FISHER, Peter Ryerson	Director	2007-01-19	2013-03-31
FLANAGAN, Brian John	Director	2007-01-19	2013-02-28
FLETCHER, Amelia	Director	2013-04-01	2020-03-31
FOOT, Michael David Kenneth Willoughby	Director	1998-06-01	2004-05-31
FORSEKE, Karin Birgitta	Director	2004-12-01	2012-07-03
FRIED, Bradley	Director	2016-04-01	2018-06-30
GARDINER, John Anthony	Director	—	1993-12-31
GIEVE, Edward John Watson, Sir	Director	2006-01-16	2009-02-28
GILMORE, Rosalind Edith Jean	Director	1993-12-01	1996-11-30
GRIFFITH-JONES, John Guthrie	Director	2012-09-01	2018-03-31
HARKER, Ronald David	Director	2013-04-01	2015-03-03
HAZOU, Kyra	Director	2001-01-19	2007-01-18
HOGG, Sarah Elizabeth Mary, Baroness	Director	2016-04-01	2020-09-24
HUTTON, Deirdre Mary, Dame	Director	1997-12-11	2007-12-10
JACK, Robert Barr, Professor	Director	1994-11-01	1997-10-31
KELLY, Ruth Maria, Rt Honorable	Director	2016-04-01	2019-03-31
KENMIR, David Forbes	Director	2004-04-01	2009-03-31
KENNEDY, John Maxwell	Director	1993-12-01	1998-11-30
LARGE, Andrew Mcleod Brooks, Sir	Director	2002-09-10	2006-01-15
LARGE, Andrew Mcleod Brooks, Sir	Director	—	1997-07-31
LESSELS, Norman	Director	—	1994-07-31
LICHNER, Jeannette Ann	Director	2020-04-01	2023-04-01
LLOYD, Richard James	Director	2019-04-01	2026-03-31
MANSER, Peter John	Director	—	1993-12-31
MAYNARD, Alice Mary	Director	2019-11-05	2025-11-04
MCATEER, Michael Gerard	Director	2009-11-01	2015-12-31
MCCARTHY, Malcolm Christopher, Sir	Director	2003-09-22	2008-09-19
MCDERMOTT, Tracey Elizabeth	Director	2013-04-01	2016-06-30
MCDONALD, Oonagh Ann, Doctor	Director	1993-12-01	1998-11-30
MILES, David Kenneth	Director	2004-04-01	2009-07-31
NOTT, Gillian	Director	1998-12-01	2004-12-01
OATES, John Keith	Director	1998-02-16	2001-02-15
PAIN, Jonathan Charles	Director	2008-09-08	2011-01-29
PALMER, Thomas Joseph	Director	—	1993-09-22
PALMER, Thomas Joseph	Director	—	1992-08-01
PLATT, Jane Christine	Director	2013-04-01	2019-03-31
POMEROY, Brian Walter, Sir	Director	2009-11-01	2016-03-31
QUARTANO, Ralph Nicholas	Director	—	1993-07-31
RANDELL, Charles David	Director	2018-04-01	2022-05-31
RODRIGUES, Christopher John	Director	1997-12-11	2003-12-10
ROSS RUSSELL, Graham	Director	—	1993-10-31
RUNCIMAN, Walter Garrison, Viscount	Director	—	1998-12-31
SAGGAR, Shamit	Director	1998-12-01	2004-12-01
SANTS, Hector William Hepburn	Director	2004-05-04	2012-06-30
SCOTT, Andrew, Professor	Director	2009-11-01	2013-03-31
SCOTT, Esme	Director	—	1993-09-02
SERGEANT, Carol Frances	Director	2001-06-01	2003-11-07
SLACK, Michael Dennis	Director	2004-12-01	2009-10-31
SMITH OF KELVIN, Robert Haldane, Lord	Director	1997-12-11	2000-12-10
STACE, Nicholas Charles	Director	2017-04-01	2020-01-29
STEVENSON, Hugh Alexander	Director	2004-06-01	2010-06-01
STEWARTBY, Bernard Harold Ian Halley, Lord	Director	1993-12-01	1997-11-30
STRACHAN, James	Director	2009-11-01	2013-03-31
THIEKE, Stephen Gerard	Director	2002-11-01	2005-06-30
THIEKE, Stephen Gerard	Director	1997-12-11	2000-12-10
THORPE, Phillip Andrew	Director	1998-06-01	2001-05-31
TINER, John Ivan	Director	2001-06-01	2007-07-19
TITCOMB, Lesley Jane	Director	2013-04-01	2015-01-31
TUCKER, Paul	Director	2009-03-01	2013-03-31
TURNER, Jonathan Adair, Lord	Director	2008-09-20	2013-03-31
VALLETTI, Tommaso, Professor	Director	2019-11-05	2022-11-04
WALSH, Aidene Frances	Director	2023-08-29	2026-01-25
WARWICK, Leonard John	Director	—	1996-10-31
WATERHOUSE, Rachel Elizabeth	Director	—	1992-07-31
WHEATLEY, Martin	Director	2011-09-01	2015-09-11
WHITSON, Keith Roderick, Sir	Director	1998-12-01	2003-05-30
WILKINSON, Clive Victor	Director	2001-01-19	2007-01-18
WILLIAMSON, Robert Brian, Sir	Director	—	1998-10-31
WINCKLER, Andrew Stuart	Director	1994-03-01	1998-01-31
WOODS, Samuel Richard	Director	2016-07-01	2026-06-30
WOOLARD, Christopher John	Director	2015-08-01	2020-10-01
YOUNG, John Robert Chester	Director	1993-04-13	1997-12-31

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Hm Treasury	Corporate entity	Appoints directors	2016-08-24	Active

Filing timeline

Last 20 of 445 total filings

Date	Type	Category	Description
2026-09-08	AA	accounts	Accounts with accounts type group
2026-07-13	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2026-07-13	CH01	officers	Change person director company with change date	PDF
2026-07-07	TM01	officers	Termination director company with name termination date	PDF
2026-07-07	AP01	officers	Appoint person director company with name date	PDF
2026-05-05	TM02	officers	Termination secretary company with name termination date	PDF
2026-05-05	AP03	officers	Appoint person secretary company with name date	PDF
2026-04-08	TM01	officers	Termination director company with name termination date	PDF
2026-04-02	TM01	officers	Termination director company with name termination date	PDF
2026-03-16	AP03	officers	Appoint person secretary company with name date	PDF
2026-03-16	TM02	officers	Termination secretary company with name termination date	PDF
2026-02-11	TM01	officers	Termination director company with name termination date	PDF
2025-11-17	TM01	officers	Termination director company with name termination date	PDF
2025-10-20	AP01	officers	Appoint person director company with name date	PDF
2025-10-10	TM01	officers	Termination director company with name termination date	PDF
2025-08-05	AA	accounts	Accounts with accounts type group
2025-07-07	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-05-27	AP01	officers	Appoint person director company with name date	PDF
2025-05-12	AP01	officers	Appoint person director company with name date	PDF
2025-05-12	AP01	officers	Appoint person director company with name date	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 15
Capital events: 0
Officers appointed: 3
Officers resigned: 8

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page