UK Asset Resolution (UKAR) is a British financial services holding company with headquarters in the West Yorkshire village of Crossflatts (near Bradford & Bingley's former headquarters in Bingley). It was established in October 2010 as a bad bank to hold the two run-off elements, Bradford & Bingley (including the Mortgage Express brand) and NRAM plc (previously known as Northern Rock Asset Management), of the two nationalised banks in the wake of the financial crisis of 2007 and 2008. UKAR manages an asset book in run-off, with the combined entity having a total mortgage book of £4.7bn (as at 31 March 2020), down by £94.7bn since its establishment in 2010.
View Top Employees from UKAR LIMITEDWebsite | http://www.ukar.co.uk |
Revenue | $290.5 million |
Employees | 193 (139 on RocketReach) |
Founded | 2010 |
Address | 29 Wellington St, Leeds, West Yorkshire LS1 4DL, GB |
Phone | +44 1274 554042 |
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Industry | Banking, Finance |
Web Rank | 5 Million |
Keywords | Non Performing Loan Management, Financial Holding Company, Mortgage, Financial Restructuring |
Competitors | IntegraFin Holdings plc, Just Retirement, OSB Group |
SIC | SIC Code 60 Companies, SIC Code 602 Companies |
NAICS | NAICS Code 52211 Companies, NAICS Code 52 Companies, NAICS Code 5221 Companies, NAICS Code 522110 Companies, NAICS Code 522 Companies |
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The UKAR LIMITED annual revenue was $290.5 million in 2024.
Jim Waddell is the Risk Director of UKAR LIMITED.
139 people are employed at UKAR LIMITED.
UKAR LIMITED is based in Leeds, West Yorkshire.
The NAICS codes for UKAR LIMITED are [52211, 52, 5221, 522110, 522].
The SIC codes for UKAR LIMITED are [60, 602].