NATWEST COVERED BONDS (LM) LIMITED - Profile & Financials

Accounts Submitted 7 Jul 2025

Confirmation Statement Submitted 30 May 2025

Net assets £6.98K £486.00 2024 year on year

Total assets £8.80K £600.00 2024 year on year

Total Liabilities £1.82K £114.00 2024 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

5 Churchill Place 10 Floor London E14 5HU United Kingdom

Credit Report

Discover NATWEST COVERED BONDS (LM) LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

N/A

Net Assets

£6.98k

Increased by £486.00 (+7%)

Total Liabilities

£1.82k

Increased by £114.00 (+7%)

Turnover

£600.00

Employees

N/A

Debt Ratio

21%

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

4 active

Show resigned officers

						Status
Corporate Services (london) Limited	Corporate-secretary	United Kingdom	Unknown	—	22 Oct 2009	Active
Directors (no.3) Limited	Corporate-director	United Kingdom	Unknown	—	22 Oct 2009	Active
Directors (no.4) Limited	Corporate-director	United Kingdom	Unknown	—	22 Oct 2009	Active
Paivi Helena Whitaker	Director	Finnish	United Kingdom	63	22 Oct 2009	Active

Shareholders

Shareholders (3)


Natwest Covered Bonds (holdings) Limited	80.0%	80	Ordinary	5 Nov 2018
National Westminster Bank Plc	20.0%	20	Ordinary	5 Nov 2018
The Royal Bank Of Scotland Plc	0.0%	0	Ordinary	5 Nov 2018

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

National Westminister Bank Plc

United Kingdom

Active

Notified 30 Apr 2018

Nature of Control

Ownership Of Shares 25 To 50 Percent
Voting Rights 25 To 50 Percent

The Royal Bank Of Scotland Plc

Ceased 30 Apr 2018

Ceased

See All Controllers

Group Structure

NATIONAL WESTMINSTER BANK PUBLIC LIMITED COMPANY united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

NATWEST HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

NATWEST GROUP PLC united kingdom

NATWEST COVERED BONDS (LM) LIMITED Current Company

NATWEST COVERED BONDS LIMITED LIABILITY PARTNERSHIP united kingdom voting rights 25 to 50 percent limited liability partnership

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
7 Jul 2025	Accounts	Annual accounts made up to 2024-12-31	View(16 pages)
30 May 2025	Confirmation Statement	Confirmation statement made on 2025-05-23 with no updates	View(3 pages)
23 Apr 2025	Officers	Change to director Mrs Helena Paivi Whitaker on 2025-04-14	View(2 pages)
23 Apr 2025	Officers	Change Corporate Director Company With Change Date	View(1 page)
23 Apr 2025	Officers	Change Corporate Director Company With Change Date	View(1 page)