VANQUIS BANK LIMITED

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

• Turnover

  +2.6%

  £450,300,000 → £462,200,000

• Cash

  -21.1%

  £945,000,000 → £745,800,000

• Net assets

  +21.1%

  £361,700,000 → £438,000,000

• Employees

  +41.5%

  778 → 1,101

• Profit before tax

  +790%

  £5,000,000 → £44,500,000

• Wages

  +41.9%

  £56,500,000 → £80,200,000

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

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.

1. VANQUIS BANK LIMITED 2003-01-03 → present
2. AQUIS BANK LIMITED 2002-11-11 → 2003-01-03
3. EXPERT INFORMATION SYSTEMS LIMITED 1995-05-15 → 2002-11-11
4. G & L HOME SHOPPING LIMITED 1990-12-18 → 1995-05-15
5. WORKSPHERE LIMITED 1990-11-15 → 1990-12-18

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In preparing the Financial Statements, the directors are required to determine that the Company has adequate resources to continue to operate for the foreseeable future. The review has been made on the basis that the Company continues to operate as a going concern for the twelve months from the date the financial statements are approved.”

Group structure

1. VANQUIS BANK LIMITED · parent
   1. Oban Cards 2021-1 Holdings Limited · UK
   2. Oban Cards 2021-1 PLC · UK
   3. Oban Cards Receivables Trustee Limited · UK

Significant events

• “The Company sold its Personal Loans portfolio in March 2025 and in accordance with IFRS 5 'Non-current Assets Held for Sale and Discontinued Operations' this business is presented as discontinued operations.”
• “On 31 October 2025, the Company acquired substantially all of the intragroup service providing trade and the associated assets and liabilities of Vanquis Banking Group plc, the ultimate parent undertaking.”
• “On 31 December 2024, the Company acquired the trade undertaking and the associated assets and liabilities of PFG Corporate Services Limited, a fellow subsidiary of the immediate parent undertaking.”
• “On 31 December 2024, the Company acquired the trade undertaking and the associated assets and liabilities of Moneybarn Limited, a fellow subsidiary of the ultimate parent undertaking.”
• “The Board approved a material contract for the provision of fully digitised and API enabled technology; a key enabler of achieving the Group's strategy.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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