Land Securities P L C
Registered name: LAND SECURITIES P L C
Part of Land Securities Group PLC groupLand Securities P L C made £680m revenue and £626m profit in the year to 31 Mar 2026.
Land Securities P L C’s revenue grew 67900% to £680m in the year to 31 Mar 2026, with £626m profit and 0 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 71 yrs · since 1955
- Type
- Public Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £0 | £1m | £680m |
| Gross profit | — | £0 | £1m | £680m |
| Operating profit | −£315m | −£226m | −£137m | £627m |
| Profit before tax | −£275m | −£205m | −£109m | £626m |
| Profit after tax | −£282m | −£210m | −£115m | £626m |
| Profit (best available) | −£282m | −£210m | −£115m | £626m |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | — | — | −11493% | 92.1% |
| Gross margin | — | — | 100% | 100% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲67900% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £0 | £34.5m | £138k | £2.3m |
| Net assets | £6.6bn | £6.4bn | £5.3bn | £5.5bn |
| Fixed assets | £6.8bn | £6.5bn | £5.3bn | £5.2bn |
| Current assets | £264m | £858m | £790m | £996m |
| Debtors | £264m | £824m | £790m | £993m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 92.1%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 771.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 146.1%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲2%
- Now £5.5bn
- Cash at bank
- ▲1567%
- Now £2.3m
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼1%
- Now £5.2bn
Group structure
Ownership chain
- Land Securities Group PLCultimate parent75–100%
- Land Securities Intermediate Limited75–100%
- Land Securities P L Cthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (7)
- Land Securities (Finance) LimitedRev. £0 · Profit −£135m
- Land Securities Capital Markets PLCRev. — · Profit −£284k
- Land Securities Portfolio Management LimitedRev. — · Profit −£119m
- LS Development Holdings LimitedFigures not disclosed
- LS London Holdings One LimitedRev. — · Profit £99m
- LS New Street Square Investments LimitedFigures not disclosed
- LS Property Finance Company LimitedRev. — · Profit £454k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £626m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.