LDC GP LLP
Part of Lloyds Banking Group PLC groupLDC GP LLP made £44.5m revenue and £191k profit in the year to 31 Dec 2025.
LDC GP LLP’s revenue fell 9% to £44.5m in the year to 31 Dec 2025, with £191k profit. The company is based in Edinburgh; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Edinburgh
- Age
- 14 yrs · since 2011
- Type
- Limited Liability Partnership
Key figures
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £50.7m | £49.1m | £44.5m |
| Cost of sales | −£50.7m | −£49.1m | −£44.3m |
| Gross profit | £69 | £39.6k | £191k |
| Operating profit | £69 | £39.6k | £191k |
| Profit before tax | £69 | £39.6k | £191k |
| Profit after tax | £69 | £39.6k | £191k |
| Profit (best available) | £69 | £39.6k | £191k |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 0% | 0.1% | 0.4% |
| Gross margin | 0% | 0.1% | 0.4% |
| Growth (year on year) | |||
| Revenue growth | — | ▼3% | ▼9.4% |
| Profit growth | — | ▲57239% | ▲382.4% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- 0.4%
- Profit ÷ revenue.
- Gross margin
- 0.4%
- 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.
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 —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Lloyds Banking Group PLCultimate parent75–100%
- LBG Equity Investments Limited75–100%
- Lloyds Development Capital (Holdings) Limited75–100%
- LDC (General Partner) Limited75–100%
- LDC GP LLPthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (9)
- Wind Bidco LimitedRev. £55.1m · Profit −£5.5m
- Hazel Newco LimitedRev. £38.9m · Profit −£10m
- Project Bridgerton Bidco LimitedRev. £10.8m · Profit −£3.6m
- Biozone Scientific Group LimitedRev. — · Profit −£830k
- Ensco 1327 LimitedLiquidationFigures not disclosed
- Ensco 1337 LimitedRev. — · Profit −£1.4m
- Leo Topco LimitedFigures not disclosed
- Project Penny LimitedRev. — · Profit −£7.6m
- Safari Bidco LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £191k), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 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.