THE LAW DEBENTURE CORPORATION P.L.C.

1. THE LAW DEBENTURE CORPORATION P.L.C. 2026-03-24 → present
2. THE LAW DEBENTURE CORPORATION PLC 2026-03-23 → 2026-03-24
3. THE LAW DEBENTURE CORPORATION PLC PLC 2026-03-10 → 2026-03-23
4. LAW DEBENTURE CORPORATION PLC(THE) 1889-12-12 → 2026-03-10

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group’s and Company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. THE LAW DEBENTURE CORPORATION P.L.C. · parent
   1. L.D.C. Pension Plan Trustee Limited · UK · Trustee
   2. The Law Debenture Investment Management Limited · UK · Management
   3. Beagle Nominees Limited · UK · Nominee
   4. The Law Debenture Trust Corporation p.l.c. · UK · Trust Corporation
   5. The Pegasus Debenture P.l.c. · UK · Debenture Plc
   6. The Law Debenture Corporation Services Limited · UK · Services
   7. Law Debenture Corporation (Deutschland) Limited · Germany · Corporation
   8. L.D.C. Latvia Limited · Latvia · Limited
   9. Westminster Aviation Holdings Limited · UK · Holdings
   10. LDC (DANTC) Limited · UK · Limited
   11. Syngenta Pensions Trustee Limited · UK · Trustee
   12. The Law Debenture Corporation (HK) Limited · Hong Kong · Corporation
   13. Law Debenture Trust (Asia) Limited · Hong Kong · Trust
   14. The Law Debenture Trust Corporation (Channel Islands) Limited · Channel Islands · Trust Corporation
   15. The Law Debenture Trust Corporation (Cayman) Limited · Cayman Islands · Trust Corporation
   16. Law Debenture Holdings Inc. · USA · Holdings
   17. Delaware Corporate Services Inc. · USA · Services
   18. The Law Debenture (Ireland) Limited · Republic of Ireland · Limited
   19. Law Debenture Holdings (Ireland) Limited · Republic of Ireland · Holdings
   20. LDCI (CCS) Limited · UK · Limited
   21. LDC Corporate Director No. 1 Limited · UK · Corporate Director
   22. LDC Corporate Director No. 2 Limited · UK · Corporate Director
   23. LDC Corporate Director No. 3 Limited · UK · Corporate Director
   24. LDC Corporate Director No. 4 Limited · UK · Corporate Director
   25. Trincmlee Limited · UK · Limited
   26. LDCS Process Agent Limited · UK · Process Agent

Significant events

• “The wider market backdrop is improving, but uncertainty remains. The end of 2025, inflation has retreated from the elevated levels experienced in recent years but interest rates remain appreciably higher than those that prevailed for much of the period following the global financial crisis in 2008/09.”
• “During 2025, there was an increase in corporate and shareholder activity across the industry, including greater use of share buybacks, several proposals for consolidation and heightened focus on discounts to NAV.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

20

last 12 months

Capital events

16

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +1.7%

  £299,644,000 → £304,670,000

• Cash

  +14.1%

  £38,354,000 → £43,775,000

• Net assets

  +29.1%

  £931,371,000 → £1,202,075,000

• Employees

  +5%

  298 → 313

• Operating profit

  -0.5%

  £265,556,000 → £264,119,000

• Profit before tax

  +15.2%

  £266,447,000 → £307,069,000

• Wages

  +17.8%

  £24,028,000 → £28,301,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers