STATE BANK OF INDIA (UK) LIMITED
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Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
—
Average over period
Profit before tax
—
Period ending 2026-03-31
Profit before tax
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Net interest income | — | £45,181,000 | £45,674,000 | +1.1% | |
| Fee & commission income | — | £1,772,000 | £1,815,000 | +2.4% | |
| Operating income | — | £48,585,000 | £49,466,000 | +1.8% | |
| Impairment losses | — | -£651,000 | -£250,000 | +61.6% | |
| Profit before tax | £31,852,000 | £24,654,000 | — | — | |
| Net profit | £23,800,000 | £18,525,000 | — | — | |
| Loans & advances to customers | — | £1,529,812,000 | £1,655,683,000 | +8.2% | |
| Customer deposits | — | £1,655,992,000 | £1,784,374,000 | +7.8% | |
| Total assets | £1,842,936,000 | £1,960,169,000 | — | — | |
| Total liabilities | — | £1,682,709,000 | £1,800,967,000 | +7% | |
| Equity | £272,262,000 | £277,460,000 | — | — | |
| Average employees | 170 | 188 | — | — |
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 | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 32.4% | 23.7% | — | |
| Net margin | 24.1% | 18.2% | — | |
| Interest cover | 0.68x | 0.43x | — |
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 1 time since incorporation
- STATE BANK OF INDIA (UK) LIMITED 2017-09-07 → present
- SBIUK OPERATIONS LIMITED 2016-10-19 → 2017-09-07
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors believe that the Bank has adequate resources to continue operations for the period of at least 12 months from the date of approval of financial statements. Thus, the Bank has adopted the going concern basis of accounting in preparing the annual financial statements.”
Significant events
- “There have been no significant events after the date of the Statement of Financial Position.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAKSHINAMURTHY, Venkateswaran | Director | 2026-04-28 | May 1973 | Indian |
| GRAY, Mark Russel | Director | 2024-08-22 | Jul 1962 | British |
| KUNCHA, Venkata Vamsidhar | Director | 2025-07-10 | Jul 1967 | Indian |
| MOORE, Diane Elizabeth | Director | 2026-02-06 | Apr 1962 | Irish |
| POLUDASU, Kishore Kumar | Director | 2025-11-04 | Aug 1967 | Indian |
| SANYAL, Sakuntala | Director | 2024-03-28 | Dec 1976 | Indian |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARORA, Rajeev | Director | 2021-06-18 | 2022-11-22 |
| AVASIA, Kalpesh Krishnakant | Director | 2018-05-23 | 2020-12-18 |
| BAINES, John Duncan | Director | 2017-10-05 | 2023-09-01 |
| BANSAL, Jayati | Director | 2022-11-22 | 2025-12-31 |
| BHAT, Varsha | Director | 2023-01-09 | 2024-03-28 |
| CHADHA, Sanjiv | Director | 2016-10-19 | 2019-02-01 |
| CHALASANI, Venkat Nageswar | Director | 2019-02-01 | 2021-05-01 |
| CHALASANI, Venkat Nageswar | Director | 2018-12-03 | 2019-02-01 |
| CHANDAK, Sharad Satyanarayan | Director | 2019-02-02 | 2022-11-15 |
| CHANDAK, Sharad | Director | 2018-11-25 | 2019-02-02 |
| HICKS, Steven Mark | Director | 2017-10-05 | 2024-12-31 |
| NAIK, Sanjay | Director | 2016-10-19 | 2023-09-01 |
| PANDA, Niraj Kumar, Mr. | Director | 2023-07-20 | 2025-08-13 |
| PANDEY, Sanjay | Director | 2020-12-18 | 2023-01-09 |
| RAINES, Catherine, Dr | Director | 2023-04-04 | 2026-04-03 |
| SENGUPTA, Siddhartha | Director | 2017-10-05 | 2019-01-31 |
| SHARMA, Sudhir, Mr. | Director | 2022-11-15 | 2025-09-08 |
| VARMA, Sujit Kumar | Director | 2017-10-05 | 2018-05-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Government Of India, Ministry Of Finance | Legal person | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-10-19 | Active |
Filing timeline
Last 20 of 81 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-09-09 | AA | accounts | Accounts with accounts type full | |
| 2026-04-29 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-12 | CH01 | officers | Change person director company with change date | |
| 2026-02-06 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-05 | AA | accounts | Accounts with accounts type full | |
| 2025-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-04 | AA | accounts | Accounts with accounts type full | |
| 2024-10-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-17 | CH01 | officers | Change person director company with change date | |
| 2024-09-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-24 | MORT MISC | mortgage | Mortgage miscellaneous |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 2
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.