Nat Rothschild — Primary-Evidence Node Map
Compiled: 6 June 2026 from UK Companies House, Jersey FSC, FCA NSM, AMF filings, the Rothschild Archive public pages, and the companies’ own published primary documents. No journalism cited as a source of fact.
0. Important corrections surfaced during primary-source verification
Three claims commonly repeated about this perimeter — including in the original prompt — did not survive document-level checking. Recording these up front because they are the kind of inherited mistakes a researcher should know about.
0.1 Vallar Plc was Jersey-incorporated, not English. The English Companies House entity with number 07460129 is the reverse-acquired vehicle that was named Bumi Limited → Bumi PLC → Asia Resource Minerals PLC → Asia Resource Minerals Limited before being dissolved by strike-off on 14 November 2017. Vallar Plc itself sat in Jersey and is referenced in the FCA Final Notice (12 June 2015). The Companies House number 07412247 sometimes cited as Vallar belongs to Libra Soft Furnishings Limited — unrelated.
0.2 Atlas Mara was not founded by Nat Rothschild. Per the IPO prospectus dated 17 December 2013 (sponsor: Citigroup; gross proceeds USD 325 million; LSE+BSE listing under ticker ATMA): the two founding shareholders were Atlas Merchant Capital LLC (Bob Diamond) at 80% and Mara Group Holdings Limited (Ashish Thakkar) at 20%. No primary document accessed in this research names Nat Rothschild as a director, founder, or above-threshold shareholder of Atlas Mara. If a sub-threshold stake existed it would not appear in TR-1 filings.
0.3 “JNR Limited” as a Jersey advisory vehicle. A search of the Jersey Financial Services Commission public registry under both “JNR” and “Rothschild” returns four “JNR” results (none Rothschild-linked) and ten “Rothschild” results (all Edmond branch or pre-2023 Rothschild Trust entities). No “JNR Limited” appears under either search. The English vehicle JNR (UK) Limited (CH 04658177) was incorporated 6 February 2003 and dissolved 9 March 2011, with Nat Rothschild as director for its full life. Whether a Jersey-incorporated parent ever existed under a different exact name is not resolved by public registry data.
1. Nat Rothschild — Companies House perimeter
Six distinct officer IDs at Companies House, six different correspondence addresses, all DOB July 1971, all nationality Canadian, all country of residence Switzerland. Across the six IDs: 19 distinct UK appointments (some appointment-rows duplicate because Companies House logs a new row per correspondence address change).
1.1 Active appointments as of June 2026 (5)
| Company | Co. No. | Role | Appointed |
|---|---|---|---|
| VOLEX PLC | 00158956 | Director (CEO; was Exec Chairman from 27 Nov 2015) | 15 Oct 2015 |
| VOLEX GROUP HOLDINGS LIMITED | 02830102 | Director | 10 Nov 2020 |
| VOLEX (NO.4) LTD | 00306945 | Director | 10 Nov 2020 |
| 31SJP INVESTMENTS LIMITED | 07436194 | Director | 5 Feb 2026 |
| STOWELL FARMS LIMITED | 14126592 | Director | 24 May 2022 |
Two clusters of activity: the Volex group (operating company he runs); and personal/family-office vehicles (Stowell Farms, 31SJP Investments, with correspondence routed via Guernsey).
The most recent appointment — 31SJP Investments Limited, 5 February 2026 — uses the Guernsey address “Nr Private Office Limited, PO BOX 622, La Fleche House, 8 Berthelot Street, St Peter Port.” The “Nr” prefix and Guernsey routing are consistent with a personal-office holding vehicle.
1.2 Historic appointments (resigned / dissolved) — full list
| Company | Co. No. | Role | Appointed | Resigned / Status |
|---|---|---|---|---|
| SPARK ADVISORY PARTNERS LIMITED | 03191370 | Director | 8 Oct 1999 | 26 Sep 2000 |
| MESSAGELABS GROUP LIMITED | 03828739 | Director | 1 Dec 1999 | 3 Oct 2000 |
| NAMECO ALTERNATE 1 LIMITED | 03930218 | Director | 16 Feb 2000 | 9 Sep 2010 |
| NAMECO ALTERNATE 2 LIMITED | 03930223 | Director | 29 Aug 2000 | 9 Sep 2010 |
| RIT CAPITAL PARTNERS PLC | 02129188 | Director (1st term) | 23 Mar 2000 | 1 Aug 2004 |
| ATTICUS UK SERVICES LIMITED | 04025546 | Director (1st row) | 4 Jul 2000 | 20 May 2005 |
| JNR (UK) LIMITED | 04658177 | Director | 6 Feb 2003 | 12 Mar 2004 (full company life through 9 Mar 2011) |
| RIT CAPITAL PARTNERS PLC | 02129188 | Director (2nd term) | 1 Aug 2004 | 22 Jul 2010 |
| ATTICUS UK SERVICES LIMITED | 04025546 | Director (2nd row) | 10 Mar 2006 | — (dissolved 2011) |
| ASIA RESOURCE MINERALS LIMITED (Bumi PLC) | 07460129 | Director | 11 Apr 2011 | 15 Oct 2012 |
| YAD HANADIV | 06967089 | Director | 20 Jul 2009 | — (dissolved) |
| ATTARA UK SERVICES LIMITED | 07094781 | Director | 3 Dec 2009 | — (dissolved 25 Sep 2012) |
| MEERU PROPERTY SERVICES LIMITED | 07957252 | Director | 18 Dec 2023 | 1 Mar 2024 |
| SILCOTEC EUROPE LIMITED | FC038664 | Director | 21 Jul 2021 | 23 Sep 2021 |
1.3 What this shows
- One operating-company executive role (Volex, since 2015, currently CEO).
- One unexplained 2026 vehicle (31SJP Investments — personal-office Guernsey routing).
- Two estate/property vehicles (Stowell Farms; the brief Meeru appointment).
- Everything else (Atticus, Attara, JNR, Bumi, Nameco, MessageLabs, Spark) is closed history.
- RIT Capital Partners: Nat sat on the RIT board from 23 Mar 2000 to 22 Jul 2010 in two consecutive terms. He has not been a RIT director since 2010. RIT today is chaired by Philippe Costeletos (from May 2025) with Dame Hannah Rothschild — Nat’s sister — the only family director.
2. The Bumi / ARMS file — verbatim board, dates, fate
Companies House 07460129. Premium-listed on the LSE from 28 June 2011. Renamed Bumi PLC on 8 April 2011 when the reverse acquisition of stakes in PT Bumi Resources Tbk (25%) and PT Berau Coal Energy Tbk (75%) closed. Renamed Asia Resource Minerals PLC on 17 December 2013. Re-registered to private 28 October 2015 (delisting effective in conjunction). Compulsory strike-off / final gazette 14 November 2017.
FCA Final Notice 12 June 2015 — penalty £4,651,200 for breaches of LR 8.2.3R, LR 11.1.10R, LR 11.1.11R, DTR 4.1.3R and Listing Principle 2 during the period 28 June 2011 to 19 July 2013. Source: fca.org.uk
Nat Rothschild’s tenure on the Bumi PLC board: 11 April 2011 – 15 October 2012. The board across that life-cycle included (verbatim from Companies House): Indra Bakrie, Sony Budi Harsono, Ari Hudaya, Rosan Roeslani, Amir Sambodo, Suyulianto Badung Tariono (Indonesian directors); Sir Julian Horn-Smith, Lord Robin Renwick, Sir Graham Hearne, Andrew Beckham, Steven Shapiro, James Wilbert Campbell, Philip Yeo (independent / UK / international); Samin Tan (from 26 Mar 2012), Nalinkant Rathod, Jean Marc Mizrahi, Scott Merrillees, Graham Holdaway, Alexander Ramlie, Nick Kurt von Schirnding, Sir Richard Gozney, Bob Kamandanu, Wallace King, Hamish Tyrwhitt, Kin Chan, Dwi Suseno, Fuganto Widjaja, Warren Lee, Jabets Marcus Robert Sondakh.
Nat’s reported ~17.2% stake was sold to Coal Energy Ventures in June 2015 (TR-1 filings on the LSE news explorer under ARMS would confirm the precise notification dates; not retrieved here).
3. Volex PLC — the active operating perimeter (2026)
Companies House 00158956. AIM-listed (ticker VLX). Originally incorporated 19 September 1919 as Ward & Goldstone PLC; renamed Volex Group PLC 1 October 1984; renamed Volex PLC 11 August 2011.
Nat’s role in Volex:
- Director appointed 15 October 2015.
- Executive Chairman from 27 November 2015 (per Volex RNS rid=7700709), when Karen Slatford and Geraint Anderson resigned.
- Currently shown on Companies House as active director; current title (per group communications including the 26 July 2024 RNS rid=7700976) is Chief Executive Officer.
- Joined the board of Tennor Holding B.V. as Chairman on 26 July 2024 (Volex RNS).
Active Volex board June 2026:
- Nathaniel Philip Victor James Rothschild (Director, from 15 Oct 2015)
- Jonathan William Boaden (Director / CFO, from 12 Nov 2020)
- Jeffrey Marc Jackson (Director, from 30 Jul 2019)
- Amelia Murillo (Director, from 26 Jan 2021)
- David James Webster (Director, from 12 Nov 2025)
- Sir Peter John Westmacott (Director, from 12 Nov 2020)
- John Frederick Wilson (Director, from 19 Oct 2023)
- Christian Anthony James Bedford (Secretary, from 19 May 2021)
Volex is a manufacturer of power-cord and cable assemblies. Volex’s data-centre revenue grew 33% YoY in FY2025 to 48.3% of the Complex Industrial Technology segment, supplying copper interconnect cables (DAC, ACC, AEC) at 400G/800G/1.6T to hyperscale, cloud and AI-driven infrastructure customers (volex.com data centres; FY2025 prelim PDF).
4. The London house in 2026
This is a separate node from Nat. The London house (NM Rothschild & Sons / Rothschild & Co) is controlled by the descendants of David de Rothschild’s branch, not Jacob’s. After the 11 October 2023 mandatory delisting of Rothschild & Co SCA from Euronext Paris:
- PSC of Rothschild & Co Continuation Limited (UK 00371601) and Rothschild & Co Wealth Management UK Limited (UK 04416252) is now personally Alexandre Guy Francesco de Rothschild (DOB Dec 1980), notified 11 October 2023.
- N M Rothschild & Sons Limited (UK 00925279) is controlled by Continuation Limited (75%+ shares and votes) since 13 May 2020.
- Active NMR Sons directors include Anthony James de Rothschild and CEO Robert Mark Leitão.
Pre-delisting take-private transaction (offeror documents on file with the AMF):
- Offeror: Rothschild & Co Concordia SAS (Paris RCS 499 208 932). Concordia held 38.8% of share capital and 47.5% of voting rights pre-offer.
- Final offer document AMF-visa’d 18 July 2023.
- Offer price: €46.601/share cum extraordinary distribution (€38.60 ex; €8.00 distribution).
- Independent expert: Finexsi (Olivier Peronnet), 16 January 2023 appointment.
- Presenting/guarantor banks: Natixis; CADIF.
- Results announced: 12 September 2023; squeeze-out conditions met.
- Mandatory delisting: 11 October 2023.
Concordia BV (Dutch) ≠ Rothschild & Co Concordia SAS (French). Per the 2007/2008 prospectus, Concordia BV is a subsidiary within the Rothschild & Co group (it owns Rothschilds Continuation Holdings AG in Switzerland). Rothschild & Co Concordia SAS sits above the listed parent.
5. RIT Capital Partners PLC in 2026
Companies House 02129188. LSE-listed (ticker RCP). Founded by Jacob Rothschild (4th Baron Rothschild) after his 1980 departure from N M Rothschild & Sons.
Family shareholding as of 31 December 2025 (verbatim, FY2025 Annual Report p.83):
| Holder | Shares | % VR | Direct/Indirect |
|---|---|---|---|
| Dame Hannah Rothschild | 15,402,708 | 11.1 | Indirect |
| The Rothschild Foundation | 15,390,848 | 11.1 | Direct |
| Five Arrows Limited | 6,757,835 | 4.9 | Direct |
Footnote (verbatim): “The total interests notified to the Company that directly related to, and was overseen by, the family office of Dame Hannah Rothschild (including shares in which Dame Hannah Rothschild did not have voting rights conferred through a direct or indirect holding) was 22.6%.”
FY2023 (Jacob’s last annual report) named Lord Rothschild personally at 19,291,497 shares / 13.1% indirect. He died 26 February 2024; the FY2024 report no longer lists him as a holder.
Board as of FY2025: Chair Philippe Costeletos (Chair from May 2025; on board since Jul 2017); SID Jutta af Rosenborg (SID from May 2025; on board since May 2022); Helena Coles, Vikas Karlekar, Cecilia McAnulty, André Perold, Dame Hannah Rothschild DBE CBE (non-independent NED since Aug 2013). CEO of JRCM (the wholly-owned manager): Maggie Fanari (since 1 March 2024).
Nat Rothschild on RIT: director 23 Mar 2000 – 22 Jul 2010 (two consecutive terms). No board role since.
Connection to mining in RIT’s 2025 portfolio: The closest mining-adjacent positions are Talen Energy (US power utility — held in 2023, not 2025), Golar LNG (energy/LNG infrastructure, 0.7% NAV in 2024), and Helios Towers (African telecoms, 0.7% NAV in 2023). No mining-sector equity stake of size appears in RIT’s disclosed FY2025 portfolio. Critical-minerals exposure in 2025 is not disclosed in the top holdings table.
6. 200-year mining lineage — what the Rothschild Archive publicly evidences
Per the Archive’s own published guides and Archivist’s Choice articles (the catalogue itself is members-only and not searched in this work):
| Period | Item with disclosed reference code | Source |
|---|---|---|
| 1827 | James de Rothschild’s Paris refinery (narrative; no public ref code) | Archive Royal Mint Refinery page |
| 1842 | Witkowitz Ironworks acquisition by Salomon von Rothschild — RAL ‘Moscow Papers’ 637/1/253 | Archivist’s Choice Aug 2016 |
| 1848 | Valparaíso (Chile) letters of introduction (no public ref code) | Archivist’s Choice Feb 2018 |
| 1850s | Australian & Californian gold (precious-metal sample box c.1860, no public ref code) | Archivist’s Choice Jan 2020 |
| 1852 | Royal Mint Refinery lease — RAL 000/2056 (parliamentary papers) | Archivist’s Choice Feb 2015 |
| Late C19–WWI | South African mines = “leading customers of the [refinery]” | Archive Royal Mint Refinery narrative |
| 1909–1938 | South American business telegraphic code books (no public ref code) | Archivist’s Choice Feb 2019 |
| 1925 | Mr Stephany’s business trip to Spain (no public ref code) | Archivist’s Choice Aug 2015 |
| 2004 | Flag from the Gold Fixing Room, New Court (no public ref code) | Archivist’s Choice Sep 2019 |
| Jan 2015 | Royal Mint takes over gold operations | Archive narrative |
Important caveat: the Rothschild Archive’s online catalogue search is restricted to Rothschild Research Forum members. Series-level reference codes for Rio Tinto, Almadén, Penarroya, Le Nickel, De Beers, Anglo-American, Rand Mines, and the bulk of the Royal Mint Refinery and Bullion Department records are not disclosed on the public website. Going further requires Research Forum registration or in-person consultation at New Court (records up to 1945 are generally available). The Paris house’s mining-side records are at the Archives Nationales du Monde du Travail, Roubaix, under reference 132 AQ (2006 52 M) for the Rothschild Frères bank fonds and 1997 19 1 to 108 for absorbed companies and subsidiaries including the Compagnie de chemin de fer du Nord.
7. The honest gaps in this evidence base
These are open questions that primary documents accessed in this session do not resolve:
- Vallar Plc’s Jersey company number and original directors. Jersey FSC public search did not surface “Vallar.” JFSC paid search or in-person registry access would resolve.
- TR-1 notifications for Bumi/ARMS documenting Nat’s ~17.2% holding and its disposal to Coal Energy Ventures in June 2015 — the LSE News Explorer (ticker BUMI then ARMS) holds these.
- Atlas Mara directors & shareholder register beyond the IPO prospectus — the BVI Registry of Corporate Affairs is not free; access requires a paid agent search.
- Guernsey GREG search for “Rothschild”, “Vallar”, “JNR” failed to load in the cloud browser. Direct access from a logged-in browser would close this gap.
- Tennor Holding B.V. — Nat joined as Chairman 26 July 2024 per Volex RNS, but Dutch KVK was under maintenance during this work. Tennor is Lars Windhorst’s Dutch holding company. The mining/commodities exposure of Tennor’s portfolio is not yet documented here.
- 31SJP Investments Limited (CH 07436194) — Nat became director on 5 February 2026. The full filing history, PSC, and articles of association have not yet been pulled in this round. Accounts when filed will indicate the vehicle’s purpose.
- Critical-minerals positions held privately — anything below the 3% TR-1 threshold, or held via unlisted vehicles, would not appear in disclosed filings.
- JNR Limited (Jersey) — exact legal-name search variations on JFSC (e.g. “J.N.R.”, “J N R”) not exhausted; paid search may clarify.
- Rothschild Archive series-level reference codes for Rio Tinto, Almadén, De Beers, Penarroya, Le Nickel, Royal Mint Refinery operational records — these exist but require Research Forum membership to access from the catalogue.