UK-visible control · private-equity firm

LDC (Lloyds Development Capital)

UK companies whose Companies House control chain resolves to LDC (Lloyds Development Capital), via 11 matched control vehicles. Two views: every company where the firm is a significant-control PSC, and the narrower set it majority-controls.

LDC (Lloyds Development Capital) is a UK private equity firm and the private equity arm of Lloyds Banking Group. It is based in London and was established in 1981. It focuses on mid-market buyouts and development capital for UK companies, usually through minority or majority stakes across a broad range of sectors.

External profile · [1] [2] [3] [4]

Majority control

≥50% shares/votes or board control

£166m

turnover · full accounts of controlled companies

Companies
96
Employees
1,149
PBT
£-37m

All disclosed control

incl. minority (≥25%) PSC stakes

£823m

turnover · 655 companies

Employees
3,995
With accounts
74 (11%)

Control structure

Majority control · top platforms by turnover · 96 companies controlled in total

Platforms are the firm's accounts-filing holdings; figures are their (consolidated) turnover. Subsidiaries beneath them are already inside that total — shown for structure, not added again.

Largest UK holdings (2026)

Majority control · by turnover · 9 have filed accounts

Company PSC control Turnover PBT Emp.
ALBANY BIDCO LIMITED controlled directly · every link ≥75% £84m £-35m 570
SOLAIS TOPCO LIMITED controlled via 2 hops · every link ≥50% 50–75% £27m £-10m 165
AVANTIS EDUCATION LIMITED controlled via 6 hops · every link ≥25% 75–100% £22m £10m 60
PRECISION MICRO LIMITED controlled directly · every link ≥75% 75–100% £18m £450,000 155
MOSAIC FULFILMENT SOLUTIONS LIMITED controlled via 2 hops · every link ≥75% 75–100% £15m £-2m 199

How this is built — and its limits

  • Control, not ownership. PSC filings disclose significant control (≥25% shares/votes, board rights, significant influence) — not economic ownership. We never assert a cap table.
  • "PSC control" is a band, not an exact stake. Companies House discloses control only in ranges (25–50%, 50–75%, 75–100%), and we show the stronger of the share or voting band on the holding's nearest disclosed edge — the firm's own stake for directly-held companies, the immediate intermediate's for those held through a chain. A band below 50% (or a blank —) here means control rests on board-appointment rights or significant influence rather than a majority shareholding — common in PE structures.
  • Every holding is chain-verified. The line under each company ("controlled via N hops · every link ≥X%") is the shortest PSC control chain we found from LDC (Lloyds Development Capital)'s vehicles down to it — each hop a real Companies House disclosure. Where a company is also controlled by another tracked firm, that's flagged inline.
  • Full accounts, not apportioned. A controlled company's figures are counted in full, not scaled by stake. A jointly-controlled asset counts fully under each controller.
  • No double-counting. Where a consolidated parent and its subsidiaries both file, only the topmost is counted.
  • Coverage is a floor. Only 9 of 96 majority-controlled companies file detailed accounts in our enriched set, so totals understate the true portfolio.
  • UK-visible only. Chains that exit to Jersey, Guernsey or other registries terminate there — we can't follow beyond the UK.