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Cash

£23B

EUR 26,429,000,000

+81.6% vs 2019

Net assets

£8B

EUR 8,842,000,000

+1.6% vs 2019

Employees

Average over period

Profit before tax

£194M

EUR 223,000,000

-56.9% vs 2019

Accounts

2-year trend · latest reflected 2020-12-31

Latest accounts filed cover 2024-12-31, 2023-12-31, 2022-12-31, 2021-12-31; financial figures currently reflect up to 2020-12-31.

Metric Trend 2019-12-312020-12-31
Turnover
Operating profit
Profit before tax £450,473,954£193,929,907
Net profit £408,731,194£153,926,428
Cash £12,657,622,402£22,983,737,716
Total assets less current liabilities
Net assets £7,565,875,294£7,689,364,293
Equity £7,565,875,294£7,689,364,293
Average employees
Wages £468,736,412£466,997,130
Directors' remuneration £5,478,737£4,869,989

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

Year-on-year

FY2019 → FY2020 · period ending 2020-12-31 vs 2019-12-31

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

Heads up: a more recent set of accounts has been filed but isn't yet reflected here — the figures above are older than the company's latest filing.

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2019-12-312020-12-31
Gearing (liabilities / total assets) 95.8%96.0%

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
Consolidated group
Auditor
Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Executive Board has made a positive assessment concerning the going concern capability of the Helaba Group.”

Group structure

  1. LANDESBANK HESSEN-THUERINGEN GIROZENTRALE · parent
    1. 1822direkt Gesellschaft der Frankfurter Sparkasse mbH 100% · Germany · Provider of ancillary services
    2. Airport Office One GmbH & Co. KG 100% · Germany · Other undertaking
    3. ASTARTE Verwaltungsgesellschaft mbH & Co. Vermietungs KG 100% · Germany · Financial institution
    4. BHT Baugrund Hessen-Thüringen GmbH 100% · Germany · Other undertaking
    5. Helaba Invest Kapitalanlagegesellschaft mbH 100% · Germany · Investment trust company
    6. Helaba Asset Services Unlimited Company 100% · Ireland · Financial institution
    7. HONUA LP LLC 100% · USA · Other undertaking

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

People

4 active · 29 resigned

Name Role Appointed Born Nationality
GROSS, Thomas Director 2012-10-15 Aug 1965 German
HOSEMANN, Detlef, Dr Director 2009-12-01 Nov 1968 German
KEMLER, Hans-Dieter Director 2017-05-01 Aug 1968 German
SCHMID, Christian Director 2018-12-20 Apr 1968 German
Show 29 resigned officers
Name Role Appointed Resigned
BEDRANOWSKY, Ralf Director 2004-09-01 2007-09-30
BERGER, Johann Director 2007-10-01 2012-09-30
BRENNER, Hans-Dieter Director 2002-08-01 2017-03-06
BROVER, Norbert Edmund, Dr Director 2000-10-01 2007-06-30
BUNGARTEN, Stefan Director 2008-07-01 2009-03-26
DREHER, Erich Director 1980-06-20 2017-03-06
FENK, Jurgen Director 2012-10-01 2017-09-30
GROB, Klaus - Dieter Director 2004-10-01 2013-07-31
GRUENTKER, Herbert Hans Director 2015-08-01 2020-05-31
HERBERHOLZ, Horst, Dr Director 1980-06-20 2017-03-06
HOPSON, Frederick Director 1996-07-01 2000-09-29
KAZIERZAK, Herbert, Dr Director 1980-06-20 2017-03-06
KOBIELA, Peter Director 2001-03-14 2008-03-31
KRICK, Rainer Director 2009-09-15 2016-07-31
KUNISCH, Herman-Adolf, Dr Director 1980-06-20 1998-12-31
MEINZ, Theo Director 1980-06-20 1994-10-31
MERL, Gunther Director 2001-07-01 2008-09-30
MEYER, Josef Director 1980-06-20 2017-03-06
MOSER, Hubertus Director 1980-06-20 2017-03-06
MULFINGER, Klaus-Joerg Director 2015-01-01 2018-12-31
NICKEL, Frank Director 2020-06-01 2025-06-30
NIESSLEIN, Gerhard, Dr Director 1995-10-01 1999-02-28
QUENSEN, Harald, Dr Director 2006-01-01 2007-08-31
RAUPACH, Gerrit Director 2007-10-01 2012-09-30
SCHAEFER, Walter Director 1980-06-20 2001-06-30
SCHRAAD, Norbert, Dr Director 2006-05-01 2020-05-31
SIPPEL, Heinz, Dr Director 1980-06-20 2017-03-06
TRINKHAUS, Bernd, Dr Director 1980-06-20 2017-03-06
VETTER, Hans-Jorg Director 1997-04-14 2001-01-02

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 132 total filings

Date Type Category Description
2026-03-31 AA accounts Accounts with accounts type group
2026-03-09 AA accounts Accounts with accounts type group
2026-03-09 AA accounts Accounts with accounts type group
2026-03-09 AAMD accounts Accounts amended with accounts type group
2026-03-09 AAMD accounts Accounts amended with accounts type group
2025-12-11 OSTM01 officers Termination person director overseas company with name termination date
2025-11-20 AA accounts Accounts with accounts type group
2025-11-19 AA accounts Accounts with accounts type group
2021-11-24 OSCH01 other Change company details by uk establishment overseas company with change details
2020-08-01 AA accounts Accounts with accounts type group
2020-07-15 OSTM01 officers Termination person director overseas company with name termination date
2020-07-15 OSAP01 officers Appoint person director overseas company with name appointment date
2020-07-15 OSTM01 officers Termination person director overseas company with name termination date
2019-10-09 AA accounts Accounts with accounts type group
2019-03-29 OSAP01 officers Appoint person director overseas company with name appointment date
2019-02-07 OSTM01 officers Termination person director overseas company with name termination date
2018-09-07 AA accounts Accounts with accounts type group
2017-11-22 OSTM01 officers Termination person director overseas company with name termination date
2017-07-04 AA accounts Accounts with accounts type group
2017-05-17 OSAP01 officers Appoint person director overseas company with name appointment date

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

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.

Official Companies House page