Butterfield Group Services Limited

Active11442919Professional servicesIncorporated 2 Jul 2018 · London

BGSL provides services to its parent, The Bank of N.T. Butterfield & Son Limited (“BNTB” or the “Group”), and other entities sharing the same parent. The costs BGSL incurs providing these services are charged to the relevant entities on a cost-plus accounting basis.

Revenue

£4.8m

▲ +20.1% vs prior ~12m period

Profit after tax

£268k

Margin 5.6%

Employees

30

▲ +20.0% vs prior ~12m period

Net assets

£1.5m

Total assets £2.2m

Financial history

Revenue by accounting period

3 periods available · ▲ growth ▼ decline

Dec 2023
£3.7m
Dec 2024
£4.0m▲ +8.3%
Dec 2025
£4.8m▲ +20.1%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2025£4.8m▲ +20.1%£268k30£1.5m
31 Dec 2024£4.0m▲ +8.3%£370k25£1.3m
31 Dec 2023£3.7m—£271k20£890k

Latest available figures

Period ending 31 Dec 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£4.8m
Gross profit
£4.8m
Operating profit
£268k
Profit before tax
£268k
Profit after tax
£268k

Balance sheet

Total assets
£2.2m
Cash
£1.7m
Total liabilities
£711k
Net assets
£1.5m
Revenue per employee
£160k

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