TURKISH BANK (UK) 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

  -16.6%

  £12,623,000 → £10,531,000

• Cash

  +2.8%

  £43,449,000 → £44,666,000

• Net assets

  -5.6%

  £30,499,000 → £28,794,000

• Employees

  +6.6%

  76 → 81

• Operating profit

  -192.4%

  £1,020,000 → -£942,000

• Profit before tax

  -192.4%

  £1,019,000 → -£942,000

• Wages

  +5%

  £4,225,000 → £4,435,000

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. TURKISH BANK (UK) LIMITED 1991-11-26 → present
2. INDEXULTRA LIMITED 1991-09-04 → 1991-11-26

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries, the Directors have a reasonable expectation that the Bank has adequate resources to continue in operational existence for at least 12 months from the date of issuing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “In March 2026, we entered into a Share Purchase Agreement regarding the sale of Turkish Bank Türkiye.”
• “In 2025, for the first time, our Temenos modernisation programme prioritised London.”
• “One of the most significant initiatives of this year is the comprehensive renovation of our Head Office.”
• “One of the most important developments at TBUK in 2025 was the leadership transition at the Bank. As of 1 October, Erhan Raif began his retirement journey, handing over the role of CEO to Ewan Stirling.”
• “Our Board of Directors underwent significant changes during the year.”
• “In 2025, the Board Audit & Risk Committee was formally separated into two dedicated committees: the Board Audit Committee, chaired by Alper Akdeniz, and the Board Risk Committee, chaired by Greg Gould.”
• “The Palmers Green branch closed during 2025.”

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

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

6

last 12 months

Officers resigned

2

last 12 months

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