PERSIA INTERNATIONAL BANK PLC

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -10.7%

  £6,861,466 → £6,125,750

• Cash

  +2.2%

  £65,633,533 → £67,061,484

• Net assets

  -13.5%

  £111,047,048 → £96,029,220

• Employees

  -16.1%

  31 → 26

• Operating profit

  -402.4%

  £2,958,518 → -£8,945,126

• Profit before tax

  -343.6%

  -£3,385,512 → -£15,017,828

• Wages

  -8.1%

  £3,128,098 → £2,874,163

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. PERSIA INTERNATIONAL BANK PLC 2002-03-18 → present
2. PERSIA INTERNATIONAL LIMITED 2001-05-16 → 2002-03-18

Accounting basis

UK adopted IFRS

Reporting scope

Standalone (parent only)

Auditor

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“We draw attention to note 2.2 in the financial statements, where the directors explain the basis for preparing the financial statements on a going concern basis. Due to ongoing US sanctions on the Republic of Iran, heightened geopolitical tensions in the Middle East, the Iran Israel war, and the recent change in the US administration, the Bank continues to face significant challenges in maintaining suitable correspondent banking relationships and clearing services. These events and conditions create material uncertainties that may cast significant doubt on the Bank's ability to continue as a going concern. Our opinion is not modified in respect of this matter”

Significant events

• “The geopolitical landscape has significantly impacted our operations, particularly in the Middle East and Italy.”
• “The outlook for 2025-26 remains challenging due to increased economic and geopolitical uncertainties, ongoing regulatory changes, and difficulties in securing suitable correspondent banking relationships.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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