How much does Land Securities Property Holdings Limited make?

Land Securities Property Holdings Limited reported revenue of £0 and £64.9m profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Land Securities Property Holdings Limited have?

Land Securities Property Holdings Limited reported an average of 0 employees in the year to 31 Mar 2023.

Is Land Securities Property Holdings Limited profitable?

Yes — Land Securities Property Holdings Limited reported a profit of £64.9m in the year to 31 Mar 2023.

Company No. 05075022 · Incorporated 16 Mar 2004

Land Securities Property Holdings Limited

Registered name: LAND SECURITIES PROPERTY HOLDINGS LIMITED

Part of Land Securities Group PLC group

Land Securities Property Holdings Limited made £0 revenue and £64.9m profit in the year to 31 Mar 2023.

Land Securities Property Holdings Limited’s revenue fell 100% to £0 in the year to 31 Mar 2023, with £64.9m profit and 0 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection K · Financial and insurance activitiesSIC 64209Activities of other holding companies n.e.c.

Status: Active
Location: London, London
Age: 22 yrs · since 2004
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 2023

Key figures

Small team

Revenue

£0

Growth ▼100%

Profit

£64.9m

Growth ▼29.8%

Profit margin

—

Employees

Change —

Profit / employee

—

Profitable streak

2yrs

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.4m	£0
Gross profit	£1.4m	£0
Operating profit	£45.8m	£8.1m
Profit before tax	£103m	£76.8m
Profit after tax	£92.4m	£64.9m
Profit (best available)	£92.4m	£64.9m
Employees (average)	0	0
Ratios
Profit margin	6599%	—
Gross margin	100%	—
Growth (year on year)
Revenue growth	—	▼100%
Profit growth	—	▼29.8%
Balance sheet — indirect signals, not revenue
Net assets	£2.1bn	£2.2bn
Fixed assets	£2.1bn	£2.2bn
Current assets	£0	£2.6m
Debtors	£0	£2.6m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: —; 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: —; 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: ▲3%; Now £2.2bn
Cash at bank: —; Now —
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: ▲4%; Now £2.2bn

Corporate ownership

Group structure

Ownership chain

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

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

Subsidiaries (19)

Land Securities Properties LimitedRev. £65.5m · Profit −£36.3m
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

Sister companies (1)

Land Securities Intermediate LimitedRev. — · Profit £500m

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 Mar 2023 (profit £64.9m), from the Companies House accounts bulk data published Dec 2023. 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.