How much does Land Securities Properties Limited make?

Land Securities Properties Limited reported revenue of £65.5m and a loss of £36.3m in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Land Securities Properties Limited have?

Land Securities Properties Limited reported an average of 0 employees in the year to 31 Mar 2025.

Is Land Securities Properties Limited profitable?

No — Land Securities Properties Limited reported a loss of £36.3m in the year to 31 Mar 2025.

Company No. 00961477 · Incorporated 5 Sep 1969

Land Securities Properties Limited

Registered name: LAND SECURITIES PROPERTIES LIMITED

Part of Land Securities Group PLC group

Land Securities Properties Limited made £65.5m revenue and a £36.3m loss in the year to 31 Mar 2025.

Land Securities Properties Limited’s revenue fell 31% to £65.5m in the year to 31 Mar 2025, with a loss of £36.3m and 0 employees. The company is classified under “management of real estate on a fee or contract basis” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68320Management of real estate on a fee or contract basis

Status: Active
Location: London, London
Age: 57 yrs · since 1969
Type: Private 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.

Latest accounts · year to 31 Mar 2025

Key figures

Small team

Revenue

£65.5m

Growth ▼30.5%

Profit

−£36.3m

Growth ▼258.8%

Profit margin

−55.4%

Employees

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£120m	£122m	£94.2m	£65.5m
Operating profit	£24.2m	£14.9m	£25.2m	−£46.8m
Profit before tax	£24m	£15.6m	£23.6m	−£40.8m
Profit after tax	£16.8m	£7.6m	£22.8m	−£36.3m
Profit (best available)	£16.8m	£7.6m	£22.8m	−£36.3m
Employees (average)	0	0	0	0
Ratios
Profit margin	14.1%	6.3%	24.2%	−55.4%
Growth (year on year)
Revenue growth	—	▲1.8%	▼22.6%	▼30.5%
Profit growth	—	▼54.7%	▲199.4%	▼258.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£44.3m	£1.5m	£0	—
Net assets	£107m	£95.5m	£117m	£88.1m
Fixed assets	£35.5m	£21.2m	£14.4m	£16.2m
Current assets	£3.4bn	£3.5bn	£3bn	£2.8bn
Debtors	£3.4bn	£3.5bn	£3bn	£2.6bn
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: −55.4%; Profit ÷ revenue.
Gross margin: —; 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: 24.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4043%; 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: ▼25%; Now £88.1m
Cash at bank: —; Now —
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: ▲13%; Now £16.2m

Corporate ownership

Group structure

Ownership chain

Land Securities Group PLCultimate parent75–100%
Land Securities Property Holdings Limited75–100%
Land Securities Properties Limitedthis company

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

Subsidiaries (5)

Land Securities Pensions Trustee LimitedFigures not disclosed
U and I Company Secretaries LimitedFigures not disclosed
U and I Director 1 LimitedFigures not disclosed
U and I Director 2 LimitedFigures not disclosed
X-Leisure LimitedFigures not disclosed

Sister companies (18)

Land Securities Management LimitedFigures not disclosed
Land Securities Partnerships LimitedFigures not disclosed
Land Securities Spv's LimitedFigures not disclosed
Landsec Investment Services LimitedFigures not disclosed
Landsec LimitedFigures not disclosed
LS Banbridge Phase Two LimitedFigures not disclosed
LS Cardiff (GP) Investments 2 LimitedFigures not disclosed
LS Cardiff (GP) Investments LimitedFigures not disclosed
LS Cardiff 2 LimitedRev. — · Profit −£1.9m
LS Cardiff LimitedFigures not disclosed
LS Company Secretaries LimitedFigures not disclosed
LS Gunwharf LimitedFigures not disclosed
LS Harvest 2 LimitedFigures not disclosed
LS Harvest LimitedFigures not disclosed
LS Mayfield LimitedFigures not disclosed
LS Occupier LimitedFigures not disclosed
LS Regent Quarter Residential LimitedFigures not disclosed
Prime London Net Zero Office GP LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£36.3m), from the Companies House accounts bulk data published Jun 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.