land securities p l c

1

land securities p l c Company Information

Share LAND SECURITIES P L C
Live 
Mature

Company Number

00551412

Registered Address

100 victoria street, london, SW1E 5JL

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Telephone

02074139000

Next Accounts Due

September 2025

Group Structure

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Directors

Mark Allan4 Years

Vanessa Simms3 Years

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Shareholders

land securities intermediate limited 100%

land securities group plc 0%

land securities p l c Estimated Valuation

£0

Pomanda estimates the enterprise value of LAND SECURITIES P L C at £0 based on a Turnover of £0 and 3.15x industry multiple (adjusted for size and gross margin).

land securities p l c Estimated Valuation

£0

Pomanda estimates the enterprise value of LAND SECURITIES P L C at £0 based on an EBITDA of £-226.1m and a 7.19x industry multiple (adjusted for size and gross margin).

land securities p l c Estimated Valuation

£10.3b

Pomanda estimates the enterprise value of LAND SECURITIES P L C at £10.3b based on Net Assets of £6.4b and 1.62x industry multiple (adjusted for liquidity).

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Land Securities P L C Overview

Land Securities P L C is a live company located in london, SW1E 5JL with a Companies House number of 00551412. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 1955, it's largest shareholder is land securities intermediate limited with a 100% stake. Land Securities P L C is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Land Securities P L C Health Check

Pomanda's financial health check has awarded Land Securities P L C a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

0 Regular

positive_score

2 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Land Securities P L C

- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Land Securities P L C

- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

- - Land Securities P L C

- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Land Securities P L C

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

- - Land Securities P L C

- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Land Securities P L C

- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

- - Land Securities P L C

- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Land Securities P L C

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Land Securities P L C

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Land Securities P L C

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)

- - Land Securities P L C

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 13.7%, this is a lower level of debt than the average (62.5%)

- - Land Securities P L C

- - Industry AVG

LAND SECURITIES P L C financials

EXPORTms excel logo

Land Securities P L C's latest turnover from March 2024 is 0 and the company has net assets of £6.4 billion. According to their latest financial statements, we estimate that Land Securities P L C has 1 employee and maintains cash reserves of £34.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover001,000,000,0000000000000088,000
Other Income Or Grants000000000000000
Cost Of Sales00000011,00054,00020,0000000-1,00017,000
Gross Profit001,000,000,000000-11,000-54,000-20,00000001,00071,000
Admin Expenses226,061,000314,773,000-386,163,000932,891,00000-37,395,520-337,022,2900-223,992,000-398,000-139,971,000930,000-571,994,000-141,362,000
Operating Profit-226,061,000-314,773,0001,386,163,000-932,891,0000037,384,520336,968,290-20,000223,992,000398,000139,971,000-930,000571,995,000141,433,000
Interest Payable23,672,00024,112,0007,646,00023,000106,790,00046,417,00024,293,0003,480,0001,842,000318,000196,000139,0009,00059,334,00025,771,000
Interest Receivable44,693,00063,896,00047,630,000100,918,00053,169,00046,890,00019,728,00014,531,00026,063,0009,155,0006,726,00024,760,00016,703,0002,356,0006,000
Pre-Tax Profit-205,040,000-274,989,0001,426,147,000-831,996,000-52,909,0002,250,473,000-5,549,000261,447,00024,201,000232,560,0007,457,000164,592,00016,014,0002,028,567,000615,668,000
Tax-5,255,000-6,615,000-7,593,000-39,625,00010,277,000-90,000839,000-2,283,0003,000-62,180,000-19,315,000-7,635,000-4,557,00015,743,000-32,558,000
Profit After Tax-210,295,000-281,604,0001,418,554,000-871,621,000-42,632,0002,250,383,000-4,710,000259,164,00024,204,000170,380,000-11,858,000156,957,00011,457,0002,044,310,000583,110,000
Dividends Paid0500,000,000000000400,000,00000350,000,000001,100,000,000
Retained Profit-210,295,000-781,604,0001,418,554,000-871,621,000-42,632,0002,250,383,000-4,710,000259,164,000-375,796,000170,380,000-11,858,000-193,043,00011,457,0002,044,310,000-516,890,000
Employee Costs00000000000023,86823,2530
Number Of Employees116,923111111111111
EBITDA*-226,061,000-314,773,0001,386,163,000-932,891,0000037,384,520336,968,290-20,000223,992,000398,000139,971,000-930,000571,995,000141,433,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets000000000000000
Intangible Assets000000000000000
Investments & Other6,512,345,0006,792,752,0007,166,182,0006,647,574,0007,622,763,0007,634,712,0007,680,932,0006,072,851,0005,251,943,0005,251,943,0005,251,943,0005,251,943,0005,251,943,0005,251,943,0004,679,949,000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets6,512,345,0006,792,752,0007,166,182,0006,647,574,0007,622,763,0007,634,712,0007,680,932,0006,072,851,0005,251,943,0005,251,943,0005,251,943,0005,251,943,0005,251,943,0005,251,943,0004,679,949,000
Stock & work in progress000000000000000
Trade Debtors0000031,020,00028,155,0000000002,00017,000
Group Debtors795,146,000256,323,000690,632,000189,305,000152,678,000124,837,0001,094,00000470,358,000105,117,00088,589,000291,747,000279,057,0000
Misc Debtors28,395,0007,984,0007,132,0006,650,0006,645,000001,019,00040,0000012,090,00013,838,00015,316,00034,000
Cash34,472,000067,00014,971,0001,159,0000009,968,00002,600,00013,500,000637,0001,390,0000
misc current assets000009,525,00007,800,00000001,000,00000
total current assets858,013,000264,307,000697,831,000210,926,000160,482,000165,382,00029,249,0008,819,00010,008,000470,358,000107,717,000114,179,000307,222,000295,765,00051,000
total assets7,370,358,0007,057,059,0007,864,013,0006,858,500,0007,783,245,0007,800,094,0007,710,181,0006,081,670,0005,261,951,0005,722,301,0005,359,660,0005,366,122,0005,559,165,0005,547,708,0004,680,000,000
Bank overdraft043,167,00000009,263,00027,900,000023,405,00010,895,00000019,148,000
Bank loan000000000000000
Trade Creditors 000000000000000
Group/Directors Accounts323,531,000115,482,0004,991,0000001,424,104,000259,521,000116,092,000000001,072,818,000
other short term finances680,382,000312,376,000497,999,000905,398,000976,329,000951,820,000871,625,000386,428,0002,496,000175,960,00000000
hp & lease commitments000000000000000
other current liabilities5,858,00015,152,0008,537,00019,170,0001,363,00089,0007,387,0005,309,00015,0003,792,0001,0005,500,0005,500,0005,610,00090,246,000
total current liabilities1,009,771,000486,177,000511,527,000924,568,000977,692,000951,909,0002,312,379,000679,158,000118,603,000203,157,00010,896,0005,500,0005,500,0005,610,0001,182,212,000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities1,009,771,000486,177,000511,527,000924,568,000977,692,000951,909,0002,312,379,000679,158,000118,603,000203,157,00010,896,0005,500,0005,500,0005,610,0001,182,212,000
net assets6,360,587,0006,570,882,0007,352,486,0005,933,932,0006,805,553,0006,848,185,0005,397,802,0005,402,512,0005,143,348,0005,519,144,0005,348,764,0005,360,622,0005,553,665,0005,542,098,0003,497,788,000
total shareholders funds6,360,587,0006,570,882,0007,352,486,0005,933,932,0006,805,553,0006,848,185,0005,397,802,0005,402,512,0005,143,348,0005,519,144,0005,348,764,0005,360,622,0005,553,665,0005,542,098,0003,497,788,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-226,061,000-314,773,0001,386,163,000-932,891,0000037,384,520336,968,290-20,000223,992,000398,000139,971,000-930,000571,995,000141,433,000
Depreciation000000000000000
Amortisation000000000000000
Tax-5,255,000-6,615,000-7,593,000-39,625,00010,277,000-90,000839,000-2,283,0003,000-62,180,000-19,315,000-7,635,000-4,557,00015,743,000-32,558,000
Stock000000000000000
Debtors559,234,000-433,457,000501,809,00036,632,0003,466,000126,608,00028,230,000979,000-470,318,000365,241,0004,438,000-204,906,00011,210,000294,324,00051,000
Creditors000000000000000
Accruals and Deferred Income-9,294,0006,615,000-10,633,00017,807,0001,274,000-7,298,0002,078,0005,294,000-3,777,0003,791,000-5,499,0000-110,000-84,636,00090,246,000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-799,844,000118,684,000866,128,000-991,341,0008,085,000-133,996,00012,071,520339,000,290466,524,000-199,638,000-28,854,000337,242,000-16,807,000208,778,000199,070,000
Investing Activities
capital expenditure000000000000000
Change in Investments-280,407,000-373,430,000518,608,000-975,189,000-11,949,000-46,220,0001,608,081,000820,908,00000000571,994,0004,679,949,000
cash flow from investments280,407,000373,430,000-518,608,000975,189,00011,949,00046,220,000-1,608,081,000-820,908,00000000-571,994,000-4,679,949,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts208,049,000110,491,0004,991,00000-1,424,104,0001,164,583,000143,429,000116,092,0000000-1,072,818,0001,072,818,000
Other Short Term Loans 368,006,000-185,623,000-407,399,000-70,931,00024,509,00080,195,000485,197,000383,932,000-173,464,000175,960,00000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000-800,000,000000000110,00004,014,678,000
interest21,021,00039,784,00039,984,000100,895,000-53,621,000473,000-4,565,00011,051,00024,221,0008,837,0006,530,00024,621,00016,694,000-56,978,000-25,765,000
cash flow from financing597,076,000-35,348,000-362,424,00029,964,000-29,112,000-2,143,436,0001,645,215,000538,412,000-33,151,000184,797,0006,530,00024,621,00016,804,000-1,129,796,0005,061,731,000
cash and cash equivalents
cash34,472,000-67,000-14,904,00013,812,0001,159,00000-9,968,0009,968,000-2,600,000-10,900,00012,863,000-753,0001,390,0000
overdraft-43,167,00043,167,000000-9,263,000-18,637,00027,900,000-23,405,00012,510,00010,895,00000-19,148,00019,148,000
change in cash77,639,000-43,234,000-14,904,00013,812,0001,159,0009,263,00018,637,000-37,868,00033,373,000-15,110,000-21,795,00012,863,000-753,00020,538,000-19,148,000

land securities p l c Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Land Securities P L C Competitor Analysis

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Perform a competitor analysis for land securities p l c by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mature companies, companies in SW1E area or any other competitors across 12 key performance metrics.

land securities p l c Ownership

LAND SECURITIES P L C Shareholders

land securities intermediate limited 100%
land securities group plc 0%

land securities p l c directors

Land Securities P L C currently has 7 directors. The longest serving directors include Mr Mark Allan (Apr 2020) and Mrs Vanessa Simms (May 2021).

officercountryagestartendrole
Mr Mark Allan52 years Apr 2020- Director
Mrs Vanessa Simms49 years May 2021- Director
Ms Leigh-Anne SellarsUnited Kingdom43 years Feb 2022- Director
Ms Cassani MairsUnited Kingdom40 years May 2022- Director
Mr Martin WorthingtonEngland46 years May 2022- Director
Mrs Elizabeth GillbeUnited Kingdom45 years May 2023- Director
Mr Duncan HolderUnited Kingdom44 years Sep 2023- Director

P&L

March 2024

turnover

0

0%

operating profit

-226.1m

-28%

gross margin

0%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

6.4b

-0.03%

total assets

7.4b

+0.04%

cash

34.5m

0%

net assets

Total assets minus all liabilities

land securities p l c company details

company number

00551412

Type

Public limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

July 1955

age

69

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

March 2024

previous names

land securities investment trust public limited company(the) (July 1982)

accountant

-

auditor

ERNST & YOUNG LLP

address

100 victoria street, london, SW1E 5JL

Bank

-

Legal Advisor

-

land securities p l c Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 92 charges/mortgages relating to land securities p l c. Currently there are 44 open charges and 48 have been satisfied in the past.

charges

land securities p l c Companies House Filings - See Documents

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