LAND SECURITIES P L C
Trading as Landsec, the company operates as a commercial property developer and investor within the FTSE 100-listed real estate investment trust Land Securities Group PLC.
Get an alert when LAND SECURITIES P L C files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£2.3m
+1,566.7% vs 2025
Net assets
£5.5bn
+2.4% vs 2025
Employees
0
Average over period
Profit before tax
£626m
+675% first positive since 2025
Net assets
6-year trend · vs Real Estate median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £1,000,000,000 | — | — | £1,000,000 | £680,000,000 | +67,900% | |
| Operating profit | -£932,891,000 | £1,386,163,000 | -£314,773,000 | -£226,061,000 | -£137,108,000 | £627,263,000 | +557.5% | |
| Profit before tax | -£831,996,000 | £1,426,147,000 | -£274,989,000 | -£205,040,000 | -£108,893,000 | £626,084,000 | +675% | |
| Net profit | -£871,621,000 | £1,418,554,000 | -£281,604,000 | -£210,295,000 | -£114,927,000 | £626,367,000 | +645% | |
| Cash | £14,971,000 | £67,000 | — | £34,472,000 | £138,000 | £2,300,000 | +1,566.7% | |
| Total assets less current liabilities | — | — | — | £6,360,587,000 | £5,345,660,000 | £5,472,027,000 | +2.4% | |
| Net assets | £5,933,932,000 | £7,352,486,000 | £6,570,882,000 | £6,360,587,000 | — | £5,472,027,000 | — | |
| Equity | £5,933,932,000 | £7,352,486,000 | £6,570,882,000 | £6,360,587,000 | £5,345,660,000 | £5,472,027,000 | +2.4% | |
| Average employees | 0 | 0 | 0 | 0 | 0 | 0 | — | |
| Wages | — | — | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | £0 | £0 | — |
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 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | 138.6% | — | — | — | 92.2% | |
| Net margin | — | 141.9% | — | — | — | 92.1% | |
| Return on capital employed | — | — | — | -3.6% | -2.6% | 11.5% | |
| Gearing (liabilities / total assets) | 13.5% | 6.5% | 6.9% | 9.7% | — | 12.3% | |
| Current ratio | — | — | — | 1.48x | 1.03x | 1.29x | |
| Interest cover | — | — | -13.05x | -9.55x | -8.43x | 13.97x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- LAND SECURITIES P L C 1982-07-14 → present
- LAND SECURITIES INVESTMENT TRUST PUBLIC LIMITED COMPANY(THE) 1955-07-01 → 1982-07-14
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have determined that preparing the financial statements on the going concern basis is appropriate due to the continued financial support of the ultimate parent company, Land Securities Group PLC”
Group structure
- LAND SECURITIES P L C · parent
- Land Securities (Finance) Limited 100%
- Land Securities Portfolio Management Limited 100%
- LS Property Finance Company Limited 100%
- Land Securities Capital Markets PLC 100%
- LS London Holdings One Limited 100%
- LS New Street Square Investments Limited 100%
- LS Development Holdings Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 39 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LS COMPANY SECRETARIES LIMITED | Corporate Secretary | 2011-04-30 | — | — |
| ALLAN, Mark Christopher | Director | 2020-04-14 | Apr 1972 | British |
| GILLBE, Elizabeth Anne | Director | 2023-05-09 | Feb 1979 | British |
| HOLDER, Duncan John | Director | 2023-09-05 | Mar 1980 | British |
| MAIRS, Cassani | Director | 2022-05-11 | Jun 1984 | Australian |
| PEEKE, Alexander James | Director | 2024-12-19 | Dec 1971 | British |
| SIMMS, Vanessa Kate | Director | 2021-05-31 | Aug 1975 | British |
| WORTHINGTON, Martin Richard | Director | 2022-05-11 | May 1978 | British |
Show 39 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DUDGEON, Peter Maxwell | Secretary | 1998-04-07 | 2011-04-30 |
| JONES, Laurance Aubrey | Secretary | — | 1998-04-06 |
| AKERS, Richard John | Director | 2006-04-03 | 2014-03-31 |
| BIRCH, Peter Gibbs | Director | 1997-04-07 | 2002-10-01 |
| BISCHOFF, Winfried Franz Wilhelm, Sir | Director | 1999-11-01 | 2002-10-01 |
| CADWALADR, Marc Peter | Director | 2013-12-06 | 2021-06-28 |
| CAINE, Richard Allen William | Director | — | 1993-07-01 |
| CHANDE, Manish Jayantilal | Director | 2000-11-29 | 2002-02-28 |
| COLLINS, Aubrey Mark | Director | 2002-11-20 | 2006-10-19 |
| CONNICK, Harold Ivor | Director | — | 1998-07-01 |
| DON-WAUCHOPE, Despina | Director | 2018-07-30 | 2019-01-25 |
| DON-WAUCHOPE, Despina | Director | 2012-09-30 | 2013-12-06 |
| ELLIS, Ian David | Director | 2002-11-20 | 2009-01-12 |
| FREEMAN, Peter Geoffrey | Director | 2002-01-01 | 2002-10-01 |
| FUTTER, Rosalind Charlotte | Director | 2019-01-25 | 2022-08-05 |
| GILLARD, James Stephen | Director | 2021-06-30 | 2022-06-15 |
| GRANT, Matthew Alistair, Sir | Director | 1996-08-19 | 2001-01-22 |
| GREENSLADE, Martin Frederick | Director | 2005-09-06 | 2021-05-31 |
| GRIFFITHS, Michael Robert | Director | — | 2002-07-08 |
| HARDY, Peter Bernard | Director | — | 2002-07-09 |
| HEAFORD, David John | Director | 2018-07-30 | 2019-07-15 |
| HENDERSON, Giles Ian | Director | 2000-10-02 | 2002-10-01 |
| HENDERSON, Ian James | Director | — | 2004-07-14 |
| HOLT, David Leslie Frank | Director | 2004-09-01 | 2012-09-30 |
| HULL, John Folliot Charles | Director | — | 1999-07-14 |
| HUNT, Peter John, Sir | Director | — | 1997-12-08 |
| HUSSEY, Michael Richard | Director | 2006-04-03 | 2009-06-30 |
| MACFARLANE, Andrew Elliott | Director | 2001-10-01 | 2005-08-05 |
| MATHIESON, William | Director | — | 1993-07-01 |
| MURRAY, James Ian Keith | Director | — | 2001-06-28 |
| NOEL, Robert Montague | Director | 2010-01-26 | 2020-03-31 |
| REDSHAW, Keith | Director | — | 2001-03-20 |
| ROUGH, David | Director | 2002-04-02 | 2002-10-01 |
| SALWAY, Francis William | Director | 2001-04-02 | 2012-03-31 |
| SELLARS, Leigh-Anne Louise | Director | 2022-02-10 | 2025-03-31 |
| SHEARER, Ruth | Director | 2019-07-15 | 2022-02-10 |
| STANLEY, Don Eric | Director | 2022-08-05 | 2022-12-13 |
| WALICHNOWSKI, Peter | Director | 2000-09-01 | 2001-12-19 |
| WOOD, Martin Reay, Mr. | Director | 2004-09-01 | 2021-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Land Securities Intermediate Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 1318 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type full | |
| 2026-06-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-06-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-14 | CH01 | officers | Change person director company with change date | |
| 2024-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-06-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-22 | AA | accounts | Accounts with accounts type full | |
| 2023-09-06 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-09 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-30 | AA | accounts | Accounts with accounts type full | |
| 2022-08-05 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-05 | TM01 | officers | Termination director company with name termination date | |
| 2022-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-16 | TM01 | officers | Termination director company with name termination date | |
| 2022-05-26 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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.