Tresmares Capital UK Limited
Registered name: TRESMARES CAPITAL UK LIMITED
Part of Banco Santander, S.a. groupTresmares Capital UK Limited made £5.1m revenue and £617k profit in the year to 31 Dec 2025.
Tresmares Capital UK Limited’s revenue grew 263% to £5.1m in the year to 31 Dec 2025, with £617k profit and 12 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 2 yrs · since 2023
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £1.4m | £5.1m |
| Cost of sales | £1.2m | — |
| Operating profit | £206k | £848k |
| Profit before tax | £206k | £854k |
| Profit after tax | £143k | £617k |
| Profit (best available) | £143k | £617k |
| Employees (average) | 11 | 12 |
| Ratios | ||
| Profit margin | 10.2% | 12.1% |
| Revenue per employee | £128k | £425k |
| Profit per employee | £13k | £51.4k |
| Growth (year on year) | ||
| Revenue growth | — | ▲263% |
| Profit growth | — | ▲331.6% |
| Headcount growth | — | ▲9.1% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Aug 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- 12.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £425k
- Revenue ÷ average employees.
- Profit per employee
- £51.4k
- 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.
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
- ▲9%
- Now 12
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Banco Santander, S.a.ultimate parent75–100%
- Tresmares Capital UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (9)
- Ebury Partners LimitedRev. £287m · Profit −£6.9m
- CLM Fleet Management LtdRev. £8.5m · Profit £303k
- Amazonia Trade LimitedFigures not disclosed
- Gesban UK LimitedFigures not disclosed
- Pagonxt Payments UK Ltd.Figures not disclosed
- Santander Alternative Investments UK LimitedFigures not disclosed
- Santander Financial Exchanges LimitedLiquidationFigures not disclosed
- Santander Insurance Services UK LimitedFigures not disclosed
- Santander UK InvestmentsFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £617k), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 17 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.