THE CITY OF LONDON INVESTMENT TRUST PLC
Get an alert when THE CITY OF LONDON INVESTMENT TRUST PLC files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
—
Latest balance sheet
Net assets
£2.3bn
+11.2% vs 2024
Employees
6
0% vs 2024
Profit before tax
£343m
+15.1% vs 2024
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £310,570,000 | £356,987,000 | +14.9% | |
| Operating profit | £303,137,000 | £349,073,000 | +15.2% | |
| Profit before tax | £297,951,000 | £342,928,000 | +15.1% | |
| Net profit | £297,418,000 | £342,116,000 | +15% | |
| Cash | — | — | — | |
| Total assets less current liabilities | £2,213,196,000 | £2,447,766,000 | +10.6% | |
| Net assets | £2,097,528,000 | £2,332,039,000 | +11.2% | |
| Equity | £2,097,528,000 | £2,332,039,000 | +11.2% | |
| Average employees | 6 | 6 | 0% | |
| Wages | — | — | — | |
| Directors' remuneration | £199,615 | — | — | |
| Directors' pension contributions | £0 | £815 | — | |
| Highest paid director | £56,804 | £55,804 | -1.8% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Operating margin | 97.6% | 97.8% | |
| Net margin | 95.8% | 95.8% | |
| Return on capital employed | 13.7% | 14.3% | |
| Gearing (liabilities / total assets) | 7.2% | 5.6% | |
| Current ratio | 0.28x | 0.64x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- THE CITY OF LONDON INVESTMENT TRUST PLC 1997-10-16 → present
- TR CITY OF LONDON TRUST PLC 1982-04-13 → 1997-10-16
- CITY OF LONDON TRUST PLC(THE) 1981-12-31 → 1982-04-13
- CITY OF LONDON BREWERY AND INVESTMENT TRUST LIMITED(THE) 1891-09-26 → 1981-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have concluded that the Company’s business model assumes that the market risks are not expected to change materially and that the market environment is not expected to materially worsen. They have concluded that the Company will be able to continue in operation and meet its liabilities as they fall due for the period to 16 September 2026, which is at least 12 months from the date of approval of the financial statements. Having assessed these factors, the Directors consider that the Company will continue to be a going concern.”
Group structure
- THE CITY OF LONDON INVESTMENT TRUST PLC · parent
- The City of London European Trust Limited 100%
- City of London Investments Limited 100%
- The City of London Finance Company Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JANUS HENDERSON SECRETARIAL SERVICES UK LIMITED | Corporate Secretary | — | — | — |
| DHILLON, Ominderjit Singh | Director | 2021-09-01 | Feb 1970 | British |
| HOLMES, Robert Edward | Director | 2018-01-01 | Oct 1969 | American |
| LAKE, Sally Michelle | Director | 2024-08-01 | Apr 1979 | British |
| MAGNUS, Laurence Henry Philip, Sir | Director | 2020-03-01 | Sep 1955 | British |
| WARDLE, Clare | Director | 2019-11-01 | Oct 1961 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARRATT, Simon Charles | Director | 2010-10-01 | 2020-01-01 |
| BRIEF, David | Director | 2009-01-01 | 2018-04-05 |
| DE ZOETE, Simon Miles | Director | 2000-09-07 | 2011-10-24 |
| DENT, Robin John, Sir | Director | — | 1997-10-15 |
| DUNCAN, George | Director | — | 2000-11-02 |
| FREW, Anita Margaret | Director | 2006-10-01 | 2010-03-31 |
| HEXTALL, Richard Anthony | Director | 2007-11-01 | 2016-10-27 |
| HUBBARD, Richard David Cairns | Director | — | 2002-10-18 |
| MORGAN, Martin William Howard | Director | 2012-03-01 | 2021-10-28 |
| NICHOLLS, Mark Patrick | Director | 1997-10-16 | 2007-10-10 |
| REMNANT, Philip John, The Right Honourable The Lord Remnant | Director | 2011-01-01 | 2020-10-27 |
| RUSSELL, Angus Charles | Director | 2003-07-01 | 2009-06-30 |
| STUART, James Keith, Sir | Director | 1999-12-02 | 2011-03-31 |
| TITCOMB, Simon James | Director | — | 2001-11-01 |
| WEIR, Helen Alison | Director | 2002-03-26 | 2005-10-26 |
| WREN, Samantha Anne | Director | 2015-09-01 | 2024-10-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 721 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-11-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-01 | SH01 | capital | Capital allotment shares | |
| 2026-03-17 | SH01 | capital | Capital allotment shares | |
| 2026-03-03 | SH01 | capital | Capital allotment shares | |
| 2026-02-02 | SH01 | capital | Capital allotment shares | |
| 2026-01-20 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2026-01-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-02 | SH01 | capital | Capital allotment shares | |
| 2025-11-21 | CH01 | officers | Change person director company with change date | |
| 2025-11-14 | AA | accounts | Accounts with accounts type full | |
| 2025-11-11 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2025-11-05 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-20 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2025-09-01 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2025-08-04 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2025-05-28 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2025-05-07 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-05-07 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2025-04-28 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-04-10 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-04-08 | SH03 | capital | Capital return purchase own shares treasury capital date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 16
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.