HSBC UK COVERED BONDS LLP - Profile & Financials

Accounts Submitted 29 Apr 2025

Confirmation Statement Submitted 5 Jul 2025

Net assets £28.52M

Total assets £1007.22M £1.16M 2024 year on year

Total Liabilities £978.70M £27.36M 2024 year on year

Charges 1

1 outstanding

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Contact & Details

Contact

Update Details

Registered Address

1 Centenary Square Birmingham B1 1HQ

Credit Report

Discover HSBC UK COVERED BONDS LLP'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 (2021–2024)

Cash in Bank

£28.56M

Increased by £11.51M (+67%)

Net Assets

£28.52M

Total Liabilities

£978.70M

Decreased by £27.36M (-3%)

Turnover

N/A

Employees

N/A

Debt Ratio

97%

Decreased by 3 (-3%)

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

2 active

Show resigned officers

						Status
Hsbc Uk Bank Plc	Corporate-llp-designated-member	United Kingdom	Unknown	—	25 Jun 2020	Active
Hsbc Uk Covered Bonds (lm) Limited	Corporate-llp-designated-member	United Kingdom	Unknown	—	25 Jun 2020	Active

Shareholders

Shareholders (0)

No shareholder data available

Persons with Significant Control

Persons with Significant Control (2)

2 Active

Hsbc Uk Covered Bonds (lm) Limited

United Kingdom

Active

Notified 25 Jun 2020

Nature of Control

Voting Rights 25 To 50 Percent Limited Liability Partnership
Right To Share Surplus Assets 25 To 50 Percent Limited Liability Partnership
Right To Appoint And Remove Members Limited Liability Partnership

Hsbc Uk Bank Plc

United Kingdom

Active

Notified 25 Jun 2020

Nature of Control

Voting Rights 25 To 50 Percent Limited Liability Partnership
Right To Share Surplus Assets 25 To 50 Percent Limited Liability Partnership
Right To Appoint And Remove Members Limited Liability Partnership

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Group Structure

HSBC UK BANK PLC united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

HSBC UK COVERED BONDS (LM) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

HSBC HOLDINGS PLC united kingdom

HSBC UK COVERED BONDS (HOLDINGS) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

CSC CORPORATE SERVICES (UK) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

CSC CAPITAL MARKETS UK LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

CSC CAPITAL MARKETS HOLDING COMPANY LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

CSC FINANCIAL SERVICES HOLDINGS LIMITED united kingdom

HSBC UK COVERED BONDS LLP Current Company

Charges

1 outstanding

Documents

Company Filings

Date	Category	Description	Document
5 Jul 2025	Confirmation Statement	Confirmation statement made on 2025-06-21 with no updates	View(3 pages)
29 Apr 2025	Accounts	Annual accounts made up to 2024-12-31	View(24 pages)
26 Jun 2024	Confirmation Statement	Confirmation statement made on 2024-06-21 with no updates	View(3 pages)
29 Apr 2024	Accounts	Annual accounts made up to 2023-12-31	View(24 pages)
28 Jun 2023	Confirmation Statement	Confirmation statement made on 2023-06-21 with no updates	View(3 pages)