597 active UK companies are classified under banks (SIC code 64191), a specialised sector. This sector falls under Section K — Financial and insurance activities — of the UK Standard Industrial Classification. The sector has a relatively low 8.2% dissolution rate — 597 of 826 registrations remain active. Recent formation activity is notable, with 43.1% of current companies established in the 2020s. 102% of companies were formed after 2010, marking this as a sector with predominantly recent entrants. The average company in this sector is 18.9 years old, suggesting established and stable operators. 129 large companies, 0 medium-sized firms operate in this sector. The sector is heavily concentrated in London, which accounts for 41% of all companies. Companies in this sector hold 103 government contracts valued at £1.2B. The sector's longest-standing company was incorporated in 1865.
Source: Companies House register via UVAGATRON, August 2026
A rapidly growing sector with 43.1% of active companies formed since 2020.
The banks sector has a <Link href="/glossary/company-dissolution">8.2% dissolution rate</Link>. The average active company in this sector is 18.9 years old. Geographic concentration: 41% in LONDON.
Companies in the banks sector have been awarded 103 government contracts worth £1171.7M in total.
There are 597 active companies classified under SIC code 64191 (Banks) in the UK, out of 826 total registered.
SIC code 64191 stands for "Banks". It belongs to Section K — Financial and insurance activities of the UK Standard Industrial Classification.
The largest concentrations are in LONDON (246), MANCHESTER (14), EDINBURGH (10).
The average active banks company in the UK is 18.9 years old, with the oldest registration dating back to 1865.
Our database contains 9,856 data signals across 11 categories for active banks companies. The largest category is Financial with 4,352 signals from 11 government sources.
5.9M companies, 50M+ signals from 53 government sources. Risk scores, director networks, entity analysis.