LONDONMETRIC PROPERTY PLC
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Cash
£142m
+166% highest in 3 filed years
Net assets
£4.7bn
-0.4% vs 2025
Employees
54
+17.4% highest in 3 filed years
Profit before tax
£279m
-4.4% vs 2025
Net assets
3-year trend · vs Real Estate median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £178,000,000 | £395,500,000 | £441,700,000 | +11.7% | |
| Operating profit | £153,500,000 | £377,000,000 | £375,000,000 | -0.5% | |
| Profit before tax | £116,600,000 | £292,200,000 | £279,300,000 | -4.4% | |
| Net profit | — | — | £276,100,000 | — | |
| Cash | £119,700,000 | £53,500,000 | £142,300,000 | +166% | |
| Total assets less current liabilities | £6,299,000,000 | £7,440,000,000 | £7,608,300,000 | +2.3% | |
| Net assets | £4,115,300,000 | £4,751,200,000 | £4,732,900,000 | -0.4% | |
| Equity | £4,115,300,000 | £4,751,200,000 | £4,732,900,000 | -0.4% | |
| Average employees | 41 | 46 | 54 | +17.4% | |
| Wages | £11,700,000 | £3,600,000 | £3,700,000 | +2.8% | |
| Directors' remuneration | £4,406,000 | £3,587,000 | — | — | |
| Directors' pension contributions | £68,000 | £56,000 | £56,000 | 0% | |
| Highest paid director | £2,372,000 | £1,991,000 | £2,683,000 | +34.8% |
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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 86.2% | 95.3% | 84.9% | |
| Net margin | — | — | 62.5% | |
| Return on capital employed | 2.4% | 5.1% | 4.9% | |
| Gearing (liabilities / total assets) | 36.2% | 26.2% | 40.3% | |
| Current ratio | 1.18x | 6.84x | 6.44x | |
| Interest cover | 4.10x | 4.32x | 3.83x |
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
- LONDONMETRIC PROPERTY PLC 2013-01-25 → present
- LONDON & STAMFORD PROPERTY PLC 2010-01-13 → 2013-01-25
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have evaluated the Group's prospects and viability, taking into account the Group's current position, current principal risks and controls, and the LondonMetric Property Plc forecasts, which are outlined in the Risk Management and Internal Controls section of this Annual Report. Based on the results of this assessment, they believe that the Group has adequate resources to continue in operational existence and to meet its liabilities as they fall due for a period of at least the next 12 months from the date of this Annual Report (July 2026), and continue to operate as a going concern.”
Group structure
- LONDONMETRIC PROPERTY PLC · parent
- LondonMetric UK Limited
- SRI ATP Limited
- Urban Logistics REIT Plc
- LondonMetric Unibuilder 3 Limited
Significant events
- “£1bn Ocado warehouse sale.”
- “On 23 June 2025, LondonMetric acquired Urban Logistics REIT Plc (ULR) for £540 million, expanding our urban logistics portfolio by £1.1 billion of assets.”
- “We recently completed three pre-let M&S stores representing £16.6 million of annual rent, supporting the Company's finance costs and remaining cash flow generation from its investment property portfolio.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DUZNIAK, Jadzia Zofia | Secretary | 2010-09-13 | — | British |
| AVERY, Suzanne Lee | Director | 2018-03-22 | Mar 1968 | British |
| ELLIOTT, Alistair Charles | Director | 2022-05-26 | Feb 1962 | British |
| FOWLDS, Robert Turner | Director | 2019-01-31 | Jun 1961 | British |
| GUMM, Sandra Louise | Director | 2024-03-27 | Sep 1966 | Australian |
| HESTER, Suzy Efua Gloria Anne | Director | 2023-03-29 | Jun 1965 | British,Ghanaian,Irish |
| JONES, Andrew Marc | Director | 2013-01-25 | Jul 1968 | British |
| LESLAU, Nicholas Mark | Director | 2024-03-06 | Aug 1959 | British |
| MCGANN, Martin Francis | Director | 2010-01-13 | Jan 1961 | British |
| PATMORE, Katerina Jane | Director | 2021-01-28 | May 1985 | British |
| STIRLING, Mark Andrew | Director | 2019-07-11 | Jun 1963 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JESSOP, Jacqueline | Secretary | 2010-01-13 | 2010-09-13 |
| BERESFORD, Valentine Tristram | Director | 2019-07-11 | 2026-03-23 |
| BERESFORD, Valentine Tristram | Director | 2014-06-03 | 2019-07-11 |
| BURTON, Mark Ashley | Director | 2010-07-29 | 2013-07-10 |
| CAYZER, Charles William, The Honourable | Director | 2010-07-29 | 2016-09-30 |
| CROWDER, Richard John | Director | 2010-07-29 | 2013-01-25 |
| DEAN, James Fitzroy | Director | 2010-07-29 | 2023-09-29 |
| HUNTLEY, Andrew John Mack | Director | 2013-01-25 | 2013-07-10 |
| LIVINGSTON, William Andrew | Director | 2016-05-31 | 2025-05-20 |
| MOULD, Harold Raymond | Director | 2010-07-29 | 2013-01-25 |
| PELMORE, Alexander Gerard | Director | 2013-01-25 | 2019-03-31 |
| PRICE, Humphrey James Montgomery | Director | 2010-07-29 | 2015-03-31 |
| STIRLING, Mark Andrew | Director | 2014-06-03 | 2019-07-11 |
| VARLEY, Andrew John | Director | 2013-01-25 | 2017-09-30 |
| VAUGHAN, Lionel Patrick | Director | 2010-01-13 | 2023-07-12 |
| WATSON, Philip Mark | Director | 2013-01-25 | 2019-03-31 |
| WILTON, Rosalyn Susan | Director | 2014-03-25 | 2023-05-24 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 228 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-07-24 RESOLUTIONS Resolution
- 2024-08-06 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-31 | AA | accounts | Accounts with accounts type group | |
| 2026-07-24 | RESOLUTIONS | resolution | Resolution | |
| 2026-07-09 | SH01 | capital | Capital allotment shares | |
| 2026-04-17 | SH01 | capital | Capital allotment shares | |
| 2026-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-08 | SH01 | capital | Capital allotment shares | |
| 2025-10-08 | SH01 | capital | Capital allotment shares | |
| 2025-10-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-21 | AA | accounts | Accounts with accounts type group | |
| 2025-07-09 | SH01 | capital | Capital allotment shares | |
| 2025-06-26 | SH01 | capital | Capital allotment shares | |
| 2025-05-30 | SH01 | capital | Capital allotment shares | |
| 2025-04-11 | SH01 | capital | Capital allotment shares | |
| 2025-04-03 | CH01 | officers | Change person director company with change date | |
| 2025-04-01 | CH01 | officers | Change person director company with change date | |
| 2025-01-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-13 | SH01 | capital | Capital allotment shares | |
| 2024-08-08 | AA | accounts | Accounts with accounts type group | |
| 2024-08-06 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 9
- Officers appointed
- 0
- Officers resigned
- 1
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.