LOCAL PENSIONS PARTNERSHIP INVESTMENTS LTD

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +15.5%

  £30,009,000 → £34,656,000

• Cash

  -0.3%

  £28,982,000 → £28,909,000

• Net assets

  +1.3%

  £27,878,000 → £28,240,000

• Employees

  +6.6%

  137 → 146

• Operating profit

  -145.6%

  -£263,000 → -£646,000

• Profit before tax

  -33.7%

  £745,000 → £494,000

• Wages

  +17.8%

  £16,847,000 → £19,846,000

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. LOCAL PENSIONS PARTNERSHIP INVESTMENTS LTD 2016-02-11 → present
2. LANCASHIRE AND LONDON PENSIONS PARTNERSHIP INVESTMENTS LTD 2015-10-21 → 2016-02-11

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries in relation to the Company's forecasts and projects, the Directors are satisfied that the Company has adequate resources to continue in business for the period of at least 12 months from the date of approval of the financial statements.”

Group structure

1. LOCAL PENSIONS PARTNERSHIP INVESTMENTS LTD · parent
   1. LPPI Scotland (No.1) Ltd 100% · United Kingdom · Investments
   2. LPPI Scotland (No.2) Ltd 100% · United Kingdom · Investments
   3. LPPI Diversifying Strategies GP Limited 100% · United Kingdom · General Partner
   4. LPPI PE GP (No.1) LLP 100% · United Kingdom · General Partner
   5. LPPI PE GP (No.2) LLP 100% · United Kingdom · General Partner
   6. LPPI PE GP (No.3) LLP 100% · United Kingdom · General Partner
   7. LPPI Infrastructure GP LLP 100% · United Kingdom · General Partner
   8. LPPI Credit GP Limited 100% · United Kingdom · General Partner
   9. LPPI EOF GP LLP 100% · United Kingdom · General Partner

Significant events

• “LPPI developed and agreed a third phase of net zero targets as a signatory to the Net Zero Asset Manager Initiative. The additional targets increase the proportion of LPPI's assets under management within coverage of net zero targets to over 75%.”
• “The Board approved the launch of a new LPPI Fund - the Environmental Opportunities Fund (EOF). The EOF launched successfully on 1 April 2025.”
• “The Board approved the first Entity Taskforce on Climate Related Financial Disclosures Report to meet disclosure requirements mandated by the Financial Conduct Authority.”
• “On 1 April 2024, a new pension fund admission agreement was entered into between the Company and LPFA... the pension scheme moved from being accounted for as a defined benefit scheme to a defined contribution scheme.”
• “On 30 March 2024, the LPPI-LCPF scheme ceased, with active members transferring to the LPPI-LPFA scheme on 31 March 2024.”

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

Filings

13

last 12 months

Capital events

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

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