STANDARD LIFE LIFETIME MORTGAGES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-04 (in 1mo)
Last made up 2025-05-21
Watchouts
None on the register
Cash
£2M
+39.3% vs 2023
Net assets
£10M
+8.4% vs 2023
Employees
—
Average over period
Profit before tax
£1M
+39.4% vs 2023
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £837,000 | £1,504,000 | |
| Operating profit | — | — | |
| Profit before tax | £769,000 | £1,072,000 | |
| Net profit | £580,000 | £812,000 | |
| Cash | £1,589,000 | £2,214,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £9,642,000 | £10,454,000 | |
| Equity | £9,642,000 | £10,454,000 | |
| Average employees | — | — | |
| Wages | — | — | |
| Directors' remuneration | — | — |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+79.7%
£837,000 £1,504,000
-
Cash
+39.3%
£1,589,000 £2,214,000
-
Net assets
+8.4%
£9,642,000 £10,454,000
-
Employees
—
Not reported
-
Profit before tax
+39.4%
£769,000 £1,072,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Net margin | 69.3% | 54.0% | |
| Gearing (liabilities / total assets) | 41.4% | 30.1% |
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 1 time since incorporation
- STANDARD LIFE LIFETIME MORTGAGES LIMITED 2003-09-12 → present
- SLACOM (NO.2) LIMITED 1999-02-12 → 2003-09-12
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As a result of this review, the Directors believe the Company has adequate resources to meet its capital requirements and to continue in operational existence over the going concern period assessed. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “During the year, the Board noted the transfer of the entire issued share capital of the Company from Phoenix Life Limited ('PLL') to Pearl Life Holdings Limited ('PLHL'), the Company's immediate parent.”
- “the Company has been granted permission by the Financial Conduct Authority ("FCA") to undertake direct to consumer marketing activity enhancing its operations and building on those already in place.”
- “A series of transfers took place during the year for legal titles of Equity Release Mortgages held within other areas of the Group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PEARL GROUP SECRETARIAT SERVICES LIMITED | Corporate Secretary | 2018-08-31 | — | — |
| ELLIS, Steven Martyn | Director | 2024-03-21 | Apr 1972 | British |
| SCREETON, Mark Philip | Director | 2024-03-21 | Nov 1964 | British |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOUSTON, Thomas Black | Secretary | 1999-02-12 | 2003-09-26 |
| KELLY, Miranda Anne | Secretary | 2014-12-22 | 2015-05-01 |
| MCGOVERN, Gillian | Secretary | 2007-05-01 | 2011-07-25 |
| MCKENNA, Paul | Secretary | 2015-05-01 | 2018-08-31 |
| RUST, Gillian Catherine | Secretary | 2011-07-25 | 2014-12-22 |
| SOMERVILLE, Peter Walter | Secretary | 2003-09-26 | 2007-05-01 |
| BENTLEY, David Cameron | Director | 2003-09-26 | 2011-04-28 |
| CAMERON, Craig | Director | 2007-08-28 | 2011-04-15 |
| CUMMINS, John James | Director | 2003-10-28 | 2007-08-09 |
| GILL, John Easton | Director | 2011-04-15 | 2017-09-29 |
| GROUND, Thomas Stephen James | Director | 2024-04-17 | 2025-12-31 |
| HESKETH, Mark Alexander | Director | 2011-04-18 | 2017-05-31 |
| HOUSTON, Thomas Black | Director | 1999-02-12 | 2003-09-26 |
| HYLANDS, John Francis | Director | 2003-09-26 | 2007-03-31 |
| JONES, Katherine Louise | Director | 2023-07-10 | 2023-08-11 |
| JOSHI, Peter Kamalakant | Director | 2003-09-26 | 2007-04-27 |
| LEVER, Samuel John | Director | 2021-02-01 | 2024-03-20 |
| LUMSDEN, Iain Cobden | Director | 2003-09-26 | 2004-01-13 |
| LYNN, Jane Elizabeth | Director | 1999-02-12 | 2003-09-26 |
| MCGUIGAN, Ciaran Francis | Director | 2018-08-31 | 2021-02-01 |
| MURRAY, Steven Grant | Director | 2017-09-29 | 2018-08-31 |
| PERCIVAL, Stephen Keith | Director | 2017-05-31 | 2021-04-30 |
| SHERIFF, Rizwan | Director | 2021-04-30 | 2024-04-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pearl Life Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-03-01 | Active |
| Phoenix Life Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-10-27 | Ceased 2024-03-01 |
| Standard Life Assurance Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-10-27 |
Filing timeline
Last 20 of 137 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-11 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-10 | CH04 | officers | Change corporate secretary company with change date | |
| 2025-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-06 | AA | accounts | Accounts with accounts type full | |
| 2024-05-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-16 | AA | accounts | Accounts with accounts type full | |
| 2024-04-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-04 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-03-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-12-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-01 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-10-31 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-08-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- 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.