How much does First National Trustee Company (U.K.) Limited make?

First National Trustee Company (U.K.) Limited reported revenue of £964k and £1.1m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does First National Trustee Company (U.K.) Limited have?

First National Trustee Company (U.K.) Limited reported an average of 1 employee in the year to 31 Dec 2025.

Is First National Trustee Company (U.K.) Limited profitable?

Yes — First National Trustee Company (U.K.) Limited reported a profit of £1.1m in the year to 31 Dec 2025.

Company No. 02903284 · Incorporated 1 Mar 1994

First National Trustee Company (U.K.) Limited

Registered name: FIRST NATIONAL TRUSTEE COMPANY (U.K.) LIMITED

First National Trustee Company (U.K.) Limited made £964k revenue and £1.1m profit in the year to 31 Dec 2025.

First National Trustee Company (U.K.) Limited’s revenue grew 22% to £964k in the year to 31 Dec 2025, with £1.1m profit and 1 employee. The company is classified under “other professional, scientific and technical activities” and is based in London; we hold 3 years of its filed accounts.

Full profit & loss filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: London, London
Age: 32 yrs · since 1994
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2025

Key figures

IndependentSmall team

Revenue

£964k

Growth ▲21.9%

Profit

£1.1m

Growth —

Profit margin

109.2%

Gross 99.9%

Employees

Change 0%

Profit / employee

£1.1m

Revenue/employee £964k

Profitable streak

1yr

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Profit & loss	Profit & loss	Profit & loss
Profit & loss
Revenue (turnover)	£1.1m	£791k	£964k
Cost of sales	−£650	−£1.5k	−£791
Gross profit	£1.1m	£790k	£964k
Operating profit	£416k	£12.3k	£1.6m
Profit before tax	£284k	−£142k	£1.4m
Profit after tax	£217k	−£142k	£1.1m
Profit (best available)	£217k	−£142k	£1.1m
Employees (average)	1	1	1
Ratios
Profit margin	20.4%	−17.9%	109.2%
Gross margin	99.9%	99.8%	99.9%
Revenue per employee	£1.1m	£791k	£964k
Profit per employee	£217k	−£142k	£1.1m
Growth (year on year)
Revenue growth	—	▼25.5%	▲21.9%
Profit growth	—	▼165.4%	—
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Oct 2025	Accounts · bulk data Oct 2025	Accounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 109.2%; Profit ÷ revenue.
Gross margin: 99.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £964k; Revenue ÷ average employees.
Profit per employee: £1.1m; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now —
Cash at bank: —; Now —
Headcount: 0%; Now 1
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (10)

Continental Trustees LimitedRev. £312k · Profit £84.4k
FNTC Third Nominee LimitedFigures not disclosed
Holiday Property Trustee LimitedFigures not disclosed
Midmark 15 LimitedFigures not disclosed
Midmark 18 LimitedFigures not disclosed
Midmark 2 LimitedFigures not disclosed
Midmark 9 LimitedFigures not disclosed
Trewince Title LimitedFigures not disclosed
Trustmark 19 LimitedFigures not disclosed
Trustmark 29 LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit £1.1m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 12 Oct 2026