Comebacks — biggest profit reversals up
Profit was falling, then turned and rose again — ranked by the depth of the V across three filed years · 1,633 qualifying · snapshot 2026-06-01
| # | Company | Industry | Profit swing | Latest PBT |
|---|---|---|---|---|
| 01 | GOLDMAN SACHS (U.K.) L.L.C. Investment bank holding company | Unclassified | £2.00B | £13.68B |
| 02 | LLOYDS BANK PLC Retail and commercial bank | Financials | £784M | £5.47B |
| 03 | STATE STREET BANK AND TRUST COMPANY UK branch of US custodian bank | Unclassified | £752M | £2.52B |
| 04 | BARCLAYS BANK PLC Multinational universal bank | Financials | £524M | £4.75B |
| 05 | PNC USA UK BRANCH UK branch of US bank | Unclassified | £376M | £5.39B |
| 06 | SIX DEGREES HOLDINGS LIMITED Holdco for a telecommunications group | Telecommunications | £314M | £126M |
| 07 | MERITOR HOLDINGS UK LTD. Transport equipment manufacturing holdco | Industrials | £290M | £-65,307,000 |
| 08 | THAMES WATER UTILITIES LIMITED Regulated water and wastewater utility | Utilities | £262M | £323M |
| 09 | INNOSPEC INTERNATIONAL LIMITED Specialty chemicals group subsidiary | Industrials | £223M | £305M |
| 10 | INPEX CORPORATION Japanese oil and gas producer | Unclassified | £211M | £6.04B |
| 11 | IHS HOLDING LIMITED Telecoms infrastructure holding company | Unclassified | £201M | £-1,197,385,485 |
| 12 | INDEMNITY & GUARANTEE LIMITED Mortgage finance company | Financials | £184M | £-27,042,603 |
| 13 | MARKS AND SPENCER GROUP P.L.C. Listed clothing and food retailer | Consumer Discretionary | £183M | £512M |
| 14 | ECLIPSE FINANCING LIMITED Special purpose financing vehicle | Industrials | £179M | £-1,619,310 |
| 15 | AZENCO4 LIMITED AstraZeneca group support entity | Industrials | £170M | £641M |
| 16 | THE CANADA LIFE GROUP (U.K.) LIMITED UK holdco for life insurance group | Industrials | £138M | £685M |
| 17 | CAPELLA UK BIDCO 1 LIMITED Student accommodation holding company | Real Estate | £136M | £101M |
| 18 | SHELL ENERGY UK LIMITED Electricity trading subsidiary | Utilities | £136M | £174M |
| 19 | LAND SECURITIES (FINANCE) LIMITED Finance subsidiary for commercial REIT | Financials | £105M | £34M |
| 20 | CH2M HILL EUROPE LIMITED Engineering services subsidiary | Industrials | £91M | £38M |
| 21 | CAPELLA UK BIDCO 2 LIMITED | Real Estate | £90M | £-10,144,000 |
| 22 | COUTTS & COMPANY Private bank and wealth manager | Financials | £84M | £346M |
| 23 | MAISON HOLDCO LIMITED Housebuilding group holding company | Real Estate | £83M | £-94,400,000 |
| 24 | APAC HOLDCO LIMITED Retail group holding company | Consumer Discretionary | £82M | £12M |
| 25 | THAMESWEY HOUSING LIMITED Local authority affordable housing provider | Industrials | £81M | £-40,078,522 |
All figures from each company's latest filed Companies House accounts; detailed filers only, with implausible outliers and scale artifacts excluded. Filed accounts lag the present by roughly 12–24 months, and group-vs-parent scope changes can move a figure between filings. Banks and insurers that don't report a turnover line are under-represented on the turnover-based boards.