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Northern Rock (Asset Management) plc
Northern Rock House
Gosforth
Phone: (191) 285-7191p:191 285-7191 Newcastle-upon-Tyne, NE3 4PL  United Kingdom Fax: (191) 284-8470f:191 284-8470

This company was Merged or Acquired on 2/22/2008.
Effective 1/1/2010, Northern Rock completed its restructuring by which the Company was split into two entities -- a bank, Northern Rock plc, and an asset company, Northern Rock (Asset Management) plc.
This company is no longer actively traded on any major stock exchange.

Business Summary
Northern Rock (Asset Management) plc, formerly known as Northern Rock plc, holds and services the majority of the existing residential mortgage book (approximately £50 billion) and is regulated by the FSA as a mortgage provider, not a deposit taking bank. 90% of the mortgages held by Northern Rock (Asset Management) plc are fully performing and are not in arrears, and this company would not, therefore, be accurately described as a ‘bad’ bank. The portfolio includes the Company’s interest in those mortgages allocated to the Granite securitisation and covered bond programmes. It does not offer any new mortgage lending.

Scores and Ratings
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Financials, News and Filings
Latest
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Last
Audit

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Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chief Executive Officer, Director Andy M.Kuipers 49 12/13/2007 1/5/2005
Deputy Chief Executive Officer David F.Baker 53 11/16/2007 10/1/1996
Finance Director, Executive Director David A.Jones 48 2/1/2007 2/1/2007
Company Secretary C.Taylor 1/1/2002 1/1/2002
Treasury Director Keith M.Currie 50 11/16/2007 1/5/2005

Subsidiaries
Business Name Address City State/Province Country
Northern Rock PLC Global Covered Bond Programme United Kingdom
Whinstone 2 Capital Management Ltd. Channel Islands

Business Names
Business Name
Northern Rock (Asset Management) plc
Northern Rock plc

General Information
Number of Employees: 4,811 (As of 12/31/2006)
Outstanding Shares: 495,626,000 (As of 6/30/2007)
Shareholders: 1,194
Stock Exchange: LON
Fax Number: (191) 284-8470


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Tuesday, March 26, 2024