How much does Lloyds Bank Asset Finance Limited make?

Lloyds Bank Asset Finance Limited reported revenue of £30.9m and £6.7m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Lloyds Bank Asset Finance Limited have?

Lloyds Bank Asset Finance Limited reported an average of 1,434 employees in the year to 31 Dec 2024.

Is Lloyds Bank Asset Finance Limited profitable?

Yes — Lloyds Bank Asset Finance Limited reported a profit of £6.7m in the year to 31 Dec 2024.

Company No. 00615235 · Incorporated 20 Nov 1958

Lloyds Bank Asset Finance Limited

Registered name: LLOYDS BANK ASSET FINANCE LIMITED

Part of Lloyds Banking Group PLC group

Lloyds Bank Asset Finance Limited made £30.9m revenue and £6.7m profit in the year to 31 Dec 2024.

Lloyds Bank Asset Finance Limited’s revenue was £30.9m in the year to 31 Dec 2024, with £6.7m profit and 1,434 employees. The company is classified under “activities of financial services holding companies”.

Full P&L filedSIC 64205Activities of financial services holding companies

Status: Active
Age: 67 yrs · since 1958
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£30.9m

Growth —

Profit

£6.7m

Growth —

Profit margin

21.8%

Gross 36.8%

Employees

1,434

Change —

Profit / employee

£4.7k

Revenue/employee £21.5k

Profitable streak

1yr

Consecutive profitable years in our data

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£30.9m
Cost of sales	−£19.5m
Gross profit	£11.4m
Operating profit	£9.4m
Profit before tax	£9.4m
Profit after tax	£6.7m
Profit (best available)	£6.7m
Employees (average)	1,434
Ratios
Profit margin	21.8%
Gross margin	36.8%
Revenue per employee	£21.5k
Profit per employee	£4.7k
Balance sheet — indirect signals, not revenue
Net assets	—
Source	Accounts · bulk data Jul 2025

Derived from the latest filing

How the business works

Profit margin: 21.8%; Profit ÷ revenue.
Gross margin: 36.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £21.5k; Revenue ÷ average employees.
Profit per employee: £4.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: —; Now —
Cash at bank: —; Now —
Headcount: —; Now 1,434
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Lloyds Banking Group PLCultimate parent75–100%
Lloyds Bank PLC75–100%
Lloyds Bank Asset Finance Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (11)

A.c.l. LimitedFigures not disclosed
Acl Autolease Holdings LimitedLiquidationFigures not disclosed
Black Horse Finance Holdings LimitedFigures not disclosed
Black Horse Group LimitedFigures not disclosed
Hamsard 3352 LimitedLiquidationFigures not disclosed
HVF LimitedFigures not disclosed
Lex Autolease (CH) LimitedFigures not disclosed
Lex Autolease (VC) LimitedFigures not disclosed
Lex Autolease Carselect LimitedFigures not disclosed
Lex Autolease LimitedFigures not disclosed
Tuskerdirect LimitedFigures not disclosed

Sister companies (31)

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Aquilus LimitedLiquidationFigures not disclosed
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Cardnet Merchant Services LimitedFigures not disclosed
Cheltenham & Gloucester PLCFigures not disclosed
Corbiere Asset Investments LtdFigures not disclosed
Curve Os Holding LimitedFigures not disclosed
Dunstan Investments (UK) LimitedFigures not disclosed
Gresham Nominee 1 LimitedFigures not disclosed
Gresham Nominee 2 LimitedFigures not disclosed
Hill Samuel Leasing Co. LimitedFigures not disclosed
LB Healthcare Trustee LimitedFigures not disclosed
Lloyds Bank (Colonial & Foreign) Nominees LimitedFigures not disclosed
Lloyds Bank (I.d.) Nominees LimitedFigures not disclosed
Lloyds Bank Commercial Finance LimitedFigures not disclosed
Lloyds Bank Financial Services (Holdings) LimitedFigures not disclosed
Lloyds Bank Leasing LimitedFigures not disclosed
Lloyds Bank Nominees LimitedFigures not disclosed
Lloyds Bank Pension Abcs (No 1) LLPFigures not disclosed
Lloyds Bank Pension Abcs (No 2) LLPFigures not disclosed
Lloyds Bank Subsidiaries LimitedFigures not disclosed
Lloyds Bank Trustee Services LimitedFigures not disclosed
Lloyds Banking Group Pensions Trustees LimitedFigures not disclosed
Perry Nominees LimitedFigures not disclosed
Pips Asset Investments LimitedFigures not disclosed
R.F. Spencer and Company LimitedFigures not disclosed
Ranelagh Nominees LimitedFigures not disclosed
Scottish Widows Services LimitedFigures not disclosed
The Agricultural Mortgage Corporation PLCFigures not disclosed
Ward Nominees (Abingdon) LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2024 (profit £6.7m), from the Companies House accounts bulk data published Jul 2025. Spotted an error? Request a correction.

Updated from Companies House on 22 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.