BANK OF CEYLON (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-15 (in 5mo)
Last made up 2025-10-01
Watchouts
Cash
£59K
+84.4% vs 2023
Net assets
£15M
+2.4% vs 2023
Employees
25
-3.8% vs 2023
Profit before tax
£412K
-61.4% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £7,417,000 | £9,926,000 | |
| Operating profit | £778,000 | £319,000 | |
| Profit before tax | £1,068,000 | £412,000 | |
| Net profit | £889,000 | £327,000 | |
| Cash | £32,000 | £59,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £14,811,000 | £15,170,000 | |
| Equity | £14,811,000 | £15,170,000 | |
| Average employees | 26 | 25 | |
| Wages | £888,000 | £998,000 | |
| Directors' remuneration | £256,000 | £286,000 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+33.8%
£7,417,000 £9,926,000
-
Cash
+84.4%
£32,000 £59,000
-
Net assets
+2.4%
£14,811,000 £15,170,000
-
Employees
-3.8%
26 25
-
Operating profit
-59%
£778,000 £319,000
-
Profit before tax
-61.4%
£1,068,000 £412,000
-
Wages
+12.4%
£888,000 £998,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 10.5% | 3.2% | |
| Net margin | 12.0% | 3.3% | |
| Gearing (liabilities / total assets) | 90.5% | 91.2% | |
| Interest cover | 0.18x | 0.05x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Zenith Audit Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“These financial statements have been prepared on a going concern basis, as the Directors are confident that Bank of Ceylon (UK) Ltd has the necessary resources to continue its operations for the foreseeable future, extending at least 12 months from the approval of the financial statements.”
Significant events
- “Digital transformation, including Confirmation of Pay initiative and e-remittance application launch in early 2025.”
- “Restructuring of the International Sovereign Bond (ISB) and reclassification to fair value through profit and loss (FVTPL).”
- “Successfully raised GBP 25 million in retail deposits, marking a 144% increase in customer deposits.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 37 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KOGGALA WELLALA, Meena Priyanka | Secretary | 2026-05-06 | — | — |
| DE ZOYSA, Kavinda Menaka Lakshana | Director | 2024-11-05 | Oct 1974 | Sri Lankan |
| DISSANAYAKE, Madhawa | Director | 2024-09-16 | Oct 1975 | Sri Lankan |
| FITZGIBBON, Christopher Paul Julian | Director | 2025-01-21 | Feb 1956 | British |
| JAYATHILAKA, Yaddehi Arachchige | Director | 2025-11-04 | Sep 1968 | Sri Lankan |
| SALEH, Nashwa Sherif Ibrahim, Dr | Director | 2026-01-21 | Jan 1976 | Egyptian |
| SAMARAKOON, Sanjeewa | Director | 2023-10-23 | Oct 1976 | Sri Lankan |
Show 37 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BALASURIYA, Prageeth Lasantha | Secretary | 2023-02-27 | 2023-05-10 |
| BON, Mark | Secretary | 2023-05-10 | 2026-05-06 |
| DALE, John Leonard | Secretary | 2014-10-03 | 2015-07-31 |
| FINLAYSON, Colin John Mellor | Secretary | 2015-08-03 | 2020-05-07 |
| FINLAYSON, Colin John Mellor | Secretary | 2014-05-08 | 2014-10-03 |
| JAYSINGHE, Sandya Kumudunie | Secretary | 2008-10-29 | 2011-07-11 |
| MUTHUKUDAARACHCHI, Dhammika Sirinama | Secretary | 2011-07-15 | 2014-05-08 |
| RAHMAN, Shamim Abu Hasnath Muhithur | Secretary | 2020-05-07 | 2023-02-27 |
| BALASURIYA, Prageeth Lasantha | Director | 2021-01-08 | 2023-05-22 |
| BANDARA, Koliya Bandaralage Senarath | Director | 2018-03-07 | 2020-04-28 |
| BANDARA, Koliya Bandaralage Senarath | Director | 2011-06-20 | 2013-01-04 |
| DHARMASIRI, Kumbukage | Director | 2012-07-05 | 2013-01-07 |
| ENGLAND, Roy | Director | 2009-07-01 | 2024-12-01 |
| FERNANDO, Bomiriyage Anthony Cassius | Director | 2009-09-01 | 2011-08-15 |
| FERNANDO, Diyalanthonige Nimal Lucias, Mr. | Director | 2013-01-04 | 2015-12-16 |
| FONSEKA, Wamasooriya Patabendige Russel Padmaraj Hemath | Director | 2023-01-31 | 2025-08-20 |
| GUNASEKARA, Dassanayaka Mudiyanselage | Director | 2013-01-08 | 2018-02-22 |
| GUNASEKERA, Dhammika Pushpa Kumara | Director | 2020-04-21 | 2021-08-15 |
| JAYSINGHE, Sandya Kumudunie | Director | 2008-10-29 | 2011-07-11 |
| JOHNPULLE, Anthony Renisus Fernando | Director | 2016-01-14 | 2018-12-20 |
| LEONARD, Carey Anthony Pennington | Director | 2025-01-20 | 2025-09-01 |
| MADADENIYA, Ihala Gedara Cyril | Director | 2008-10-29 | 2011-08-12 |
| MALLIKACHCHIGE, Priyanga Ruwan Kumara | Director | 2014-08-15 | 2017-04-25 |
| MENERIPITIYAGE DON, Christopher Nilantha | Director | 2019-01-28 | 2021-09-06 |
| MUTHUKUDAARACHCHI, Dhammika Sirinama | Director | 2011-06-20 | 2014-05-08 |
| PERERA, Eluppitimudiyanselage Ronald Chithranjan | Director | 2023-01-31 | 2024-03-14 |
| PERERA, Eluppitimudiyanselage Ronald Chithranjan | Director | 2019-06-28 | 2019-12-12 |
| PERERA, Eluppitimudiyanselage Ronald Chithranjan | Director | 2015-11-23 | 2018-12-05 |
| RATNAYAKA, Kavan | Director | 2024-09-05 | 2024-09-23 |
| RATWATTE, Kanchana | Director | 2020-07-03 | 2023-01-26 |
| SABESAN, Supramaniam | Director | 2017-08-16 | 2020-03-01 |
| SHANMUGRAJHA, Aruna Kumara | Director | 2021-12-17 | 2024-09-05 |
| SUMANASIRI, Kaineke Egodagedara Danapala | Director | 2021-09-13 | 2023-01-26 |
| SWANNEY, William David Reid | Director | 2009-07-01 | 2025-02-28 |
| WERAGODA ARACHCHIGE, Nalani | Director | 2011-10-03 | 2012-06-04 |
| WICKRAMASINGHG, Gamini Wasantha Kumara | Director | 2009-09-01 | 2013-01-08 |
| ZAROOK, Mohamed Razik, Mr. | Director | 2013-01-17 | 2013-12-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Government Of The Democratic Socialist Republic Of Sri Lanka | Legal person | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 151 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-05-06 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-01-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-14 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-11-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-09 | AA | accounts | Accounts with accounts type full | |
| 2025-04-14 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2025-04-14 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2025-04-11 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2025-03-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-22 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2025-01-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-09 | CH01 | officers | Change person director company with change date | |
| 2024-12-03 | AP01 | officers | Appoint person director company | |
| 2024-12-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.