LONDON & COUNTRY MORTGAGES LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-05-16.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +16.7%

  £53,676,945 → £62,626,094

• Cash

  +68.7%

  £8,915,022 → £15,041,628

• Net assets

  +50.9%

  £6,362,369 → £9,600,440

• Employees

  -3.6%

  886 → 854

• Operating profit

  +268%

  -£2,481,028 → £4,169,295

• Profit before tax

  +274.9%

  -£2,471,741 → £4,323,108

• Wages

  +8.1%

  £33,789,243 → £36,524,492

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. LONDON & COUNTRY MORTGAGES LIMITED 1987-01-19 → present
2. LINCOLN'S INN MORTGAGE SERVICES LIMITED 1986-02-12 → 1987-01-19

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

S&W Partners Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “2024 marked a transformative year for L&C with a return to profitability for the first time since 2019.”
• “The mortgage market experienced a return to more favourable trading conditions in 2024 with total Gross Lending increasing to £242bn (2023: £224bn)”
• “A key driver of our success was the continued investment in leadership, with several high-calibre appointments to ExCo.”
• “L&C has committed to investing a significant amount of capital into new technology which will deliver material enhancements to the customer and colleague POS journey”
• “in December 2024 the Board approved a multimillion-pound technology transformation programme.”
• “created a Head of impact and Inclusion role in 2024.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

15

last 12 months

Capital events

10

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.