THE BANK OF LONDON GROUP LIMITED

• ⚠

  Material uncertainty over going concern

  The Board recognises significant doubts about going concern due to material uncertainties related to funding, market conditions, operational factors, and regulatory investigation risks, which may necessitate additional financing. These risks cast significant doubt on the Bank's ability to continue as a going concern.

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

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

  +586.8%

  £3,718,000 → £25,537,000

• Cash

  +271.8%

  £223,159,000 → £829,694,000

• Net assets

  -17%

  £26,686,000 → £22,143,000

• Employees

  +9.9%

  71 → 78

• Operating profit

  -93.1%

  -£12,414,000 → -£23,970,000

• Profit before tax

  -93.1%

  -£12,414,000 → -£23,970,000

• Wages

  +12.2%

  £8,861,000 → £9,941,000

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. 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. THE BANK OF LONDON GROUP LIMITED 2021-11-08 → present
2. TBOL UK HOLDINGS LIMITED 2020-08-28 → 2021-11-08

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Qualified

Going concern

Material uncertainty disclosed

“The Board recognises significant doubts about going concern due to material uncertainties related to funding, market conditions, operational factors, and regulatory investigation risks, which may necessitate additional financing. These risks cast significant doubt on the Bank's ability to continue as a going concern.”

Significant events

• “During 2024, the Company's parent company, Oplyse Holdings Limited, raised additional investor funding of £65.2m.”
• “Fellesskap Group & Holdings Corporation Limited became the ultimate parent company of the Bank on 2 May 2024.”
• “Since the Year End, further capital injections of £25.1m into Oplyse and £24.5m into the Bank have been made.”
• “The firm remains subject to enhanced regulatory supervision from the PRA and FCA regarding historical matters.”
• “On 15 April 2025, the PRA approved a new controller of the Group.”
• “In October 2025, a decision was taken to exit the Belfast office, with completion expected by 31 March 2026.”
• “The Employee Share Option Plan was approved for cancellation on 17 April 2025, with vested shares cancelled on 20 November 2025.”

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

Filings

14

last 12 months

Capital events

8

last 24 months

Officers appointed

2

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.