Santander UK: who owns it, who runs it and what the accounts show
Santander UK PLC's person with significant control on the Companies House register is Santander Uk Group Holdings Plc. In the year to December 2025 Santander UK PLC reported turnover of £12,309m.
- In the year to December 2025, Santander UK had turnover of £12,309m, down 7.2% on the year before.
- It made a pre-tax profit of £1,482m.
- For a bank, the turnover shown here is gross income: interest received plus fees and other income, before the interest it pays out to savers and lenders. Its total operating income after that interest was £4,729m; these 2025 figures do not include TSB, whose purchase completed in 2026 (accounts to 31 December 2025, pp. 3 and 9).
- It employed an average of 16,656 people, with staff costs of £1,198m.
- Santander UK PLC is controlled by Santander Uk Group Holdings Plc, according to the Companies House register.
- These figures are from Santander UK PLC's group accounts for the year to December 2025, filed at Companies House on 25 March 2026.
- Registered name
- SANTANDER UK PLC
- Company number
- 02294747
- Status
- Active
- Incorporated
- 12 September 1988
- Registered office area
- Leicester
- Industry code on the register
- 64191: Financial service activities (excl insurance and pension)
- Accounts
- Group accounts, covering the companies it owns
- Accounts type
- Full group accounts
- Latest accounts
- Year to December 2025, filed 25 March 2026
What does Santander UK do?
Santander UK is the British banking arm of Spain's Banco Santander, providing mortgages, car finance, loans, credit cards, and current and savings accounts to households, and banking services to businesses. It earns most of its income from interest. These figures are for Santander UK plc, the group's ring-fenced bank in the UK, which with its subsidiaries makes up almost all of Santander's UK business; TSB, which Santander UK bought in 2026, still runs as a separate bank under its own brand and files its own accounts.
In brief: high street bank · ring-fenced bank · owned by Banco Santander · TSB runs separately
Source: Spark Intel editorial, checked 6 November 2026. Official website: santander.co.uk.
Who owns Santander UK?
The Companies House register records Santander Uk Group Holdings Plc as the person with significant control of Santander UK PLC, company number 02294747. Santander Uk Group Holdings Plc is itself company number 08700698.
That places Santander UK PLC inside a larger group. Its accounts are group accounts, covering the companies it owns as well.
The full ownership record is on the Companies House register. Control is given in the bands the register uses, not as exact shareholdings.
Who runs Santander UK?
The Companies House register lists 14 current officers for Santander UK PLC.
All 14 current officers
| Officer | Appointed |
|---|---|
| Mark Peter Lewis | 16 December 2020 |
| Baroness Nicola Ann Morgan | 10 August 2021 |
| Pamela Ann Walkden | 1 October 2021 |
| Lisa Elaine Fretwell | 1 January 2022 |
| Jose Maria Roldan Alegre | 1 June 2023 |
| Michelle Anne Hinchliffe | 1 June 2023 |
| Angel Santodomingo Martell | 5 March 2024 |
| David John Gledhill | 1 September 2024 |
| David James Stanley Oldfield | 1 December 2024 |
| Rosamund Martha Rule | 1 January 2025 |
| Sir Thomas Whinfield Scholar | 16 May 2025 |
| Mahesh Chatta Aditya | 1 October 2025 |
| Victoria Roig Soler | 13 March 2026 |
| Manuel Antonio Amaral Franco Preto | 13 March 2026 |
Every current officer, with appointment dates, is on the Companies House register.
What did Santander UK file?
Santander UK PLC reported turnover of £12,309m in the year to December 2025. That was down 7.2% on £13,265m the year before.
It reported 16,656 employees. The year before it reported 19,260.
It filed a pre-tax profit of £1,482m for the year, against a pre-tax profit of £1,349m the year before.
Staff costs came to £1,198m. That is an average of £72,000 a head. It ended the year with £29,376m at the bank and net assets of £15,148m. It paid dividends of £158m.
| Measure | Dec 2025 | Dec 2024 |
|---|---|---|
| Turnover | £12,309m | £13,265m |
| Pre-tax profit | £1,482m (filed) | £1,349m (filed) |
| Employees | 16,656 | 19,260 |
| Staff costs | £1,198m | £1,277m |
| Average staff cost per head | £72,000 | £66,000 |
| Bank and cash | £29,376m | £29,881m |
| Net assets | £15,148m | £13,773m |
| Dividends paid | £158m | £1,440m |
| Directors' pay | £12m |
What these figures cover: For a bank, the turnover shown here is gross income: interest received plus fees and other income, before the interest it pays out to savers and lenders. Its total operating income after that interest was £4,729m; these 2025 figures do not include TSB, whose purchase completed in 2026 (accounts to 31 December 2025, pp. 3 and 9).
Read the accounts to December 2025 (PDF, Companies House) · every accounts filing
What do these figures mean? Turnover vs profit · Profit per £100 · Cash vs profit · Net assets · Group accounts
Are there any charges against Santander UK?
Santander UK PLC has registered 24 charges at Companies House, of which 18 are still outstanding. A charge is security a lender takes over a company's assets; one is satisfied when the lending behind it is repaid or released.
All 18 outstanding charges
| Charge holder | Created |
|---|---|
| The Governor and Company of the Bank of England as Security Trustee for the Security Beneficiaries | 19 June 2019 |
| The Governor and Company of the Bank of England as Security Trustee | 15 March 2019 |
| The Governor and Company of the Bank of England as Security Trustee | 13 March 2019 |
| Ubs Ag (And Its Successors in Title and Permitted Transferees) | 3 September 2018 |
| Bnp Paribas | 1 August 2018 |
| The Bank of New York Mellon Acting Through Its London Branch | 27 July 2018 |
| Eurex Clearing Aktiengesellschaft | 19 July 2018 |
| Euroclear Bank Sa/Nv | 19 July 2018 |
| Goldman Sachs International | 2 July 2018 |
| The Governor and Company of the Bank of England (As Security Trustee) | 5 September 2013 |
| The Governor and Company of the Bank of England (As Security Trustee for the Security Beneficiaries) | 10 January 2013 |
| The Governor and Company of the Bank of England (As Security Trustee for the Security Beneficiaries) | 3 July 2012 |
| The Governor and Company of the Bank of England (As Security Trustee for the Security Beneficiaries) | 27 June 2012 |
| Citibank N.A. | 10 June 2011 |
| Morgan Stanley Bank International Limited | 24 February 2011 |
| The Governor and Company of the Bank of England (As Security Trustee for the Security Beneficiaries) | 4 April 2009 |
| Law Debenture Trust Corporation P.L.C. (The Trustee) | 5 December 2006 |
| The Governor and Company of the Bank of England (As Security Trustee for the Securitybeneficiaries) | 25 May 2005 |
Each charge, with its holder and dates, is on the Companies House register.
How Santander UK compares
Of the 7 high street banks, Santander UK is 5th on turnover, 6th on profit margin and 6th on growth. HSBC UK keeps the most of every £100 of sales: £34.11.
| Rank | High street banks | Turnover | Profit per £100 |
|---|---|---|---|
| 1st | Lloyds Bank | £34,528m | £15.85 |
| 5th | Santander UK | £12,309m | £12.04 |
| + 5 more high street banks ranked |
Ranked by turnover. Profit per £100 is pre-tax profit for every £100 of turnover, shown only where the profit is filed.
Santander UK files as Santander UK PLC, whose person with significant control is Santander Uk Group Holdings Plc, with turnover of £12,309m in its latest filed year.
Questions about Santander UK
What does Santander UK do?
Santander UK is the British banking arm of Spain's Banco Santander, providing mortgages, car finance, loans, credit cards, and current and savings accounts to households, and banking services to businesses. It earns most of its income from interest. These figures are for Santander UK plc, the group's ring-fenced bank in the UK, which with its subsidiaries makes up almost all of Santander's UK business; TSB, which Santander UK bought in 2026, still runs as a separate bank under its own brand and files its own accounts.
How does Santander UK compare with its rivals?
By turnover, Santander UK is 5th of the 7 companies in our battle of the high street banks, behind Lloyds Bank. The battle ranks them on turnover, pre-tax profit, margin, growth and net assets. The battle of the high street banks →
Who owns Santander UK?
The Companies House register records Santander Uk Group Holdings Plc as the person with significant control of Santander UK PLC.
How much does Santander UK make?
Santander UK PLC reported turnover of £12,309m in the year to December 2025. It filed a pre-tax profit of £1,482m.
How many people work at Santander UK?
Santander UK PLC reported 16,656 employees in the year to December 2025.
Who runs Santander UK?
The Companies House register lists 14 current officers for Santander UK PLC. The full list, with appointment dates, is on the Companies House register.
- Figures come from Santander UK PLC's filings at Companies House, company number 02294747, for the period shown at the top of the page.
- These are group accounts: they include the companies it owns.
- Pre-tax profit is the figure the company filed, for both years.
- A figure the filing does not disclose is shown as n/d. A zero in the filing is treated as not disclosed, never as nil.
- Rounding: below £0.1m in thousands, from £0.1m to £2m to one decimal place, from £2m to the nearest million.
- Ownership is shown in the control bands the register of people with significant control uses, not as exact shareholdings.
- Officers' names and appointment dates come from the Companies House register. Job titles come from the company's own website. The description of what the company does comes from its website, or is marked Spark Intel editorial where it is written from stable, checked facts, with the date either way.
Spark Intel, “Santander UK: who owns it, who runs it and what the accounts show”, updated 6 November 2026. https://www.spark-intel.co.uk/companies/santander-uk/. Figures from Companies House filings for SANTANDER UK PLC (02294747).
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