LONDON FINANCE & INVESTMENT GROUP LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-06-30
Confirmation statement due
2026-05-15 (this month)
Last made up 2025-05-01
Watchouts
Cash
£9M
+648.4% vs 2023
Net assets
£22M
+19.9% vs 2023
Employees
4
0% vs 2023
Profit before tax
£4M
+110.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 2 times since incorporation — the current trading name was adopted 2025-09-18
- LONDON FINANCE & INVESTMENT GROUP LIMITED 2025-09-18 → present
- LONDON FINANCE & INVESTMENT GROUP P.L.C. 1986-10-15 → 2025-09-18
- EAST RAND CONSOLIDATED P L C 1924-10-22 → 1986-10-15
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-06-30
| Metric | Trend | 2023-06-30 | 2024-06-30 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | £762,000 | £3,830,000 | |
| Profit before tax | £2,104,000 | £4,432,000 | |
| Net profit | £1,792,000 | £4,210,000 | |
| Cash | £1,264,000 | £9,460,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £18,640,000 | £22,343,000 | |
| Equity | £18,483,000 | £22,343,000 | |
| Average employees | 4 | 4 | |
| Wages | £402,000 | £433,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-06-30 | 2024-06-30 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 6.9% | 5.5% | |
| Current ratio | 45.32x | 32.33x | |
| Interest cover | 108.86x | 638.33x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Our evaluation of the directors' assessment of the group's and parent company's ability to continue to adopt the going concern basis of accounting included: Reviewing management's assessment of going concern, evaluating, and challenging management's key assumptions and inputs in their consideration of the future financial performance and cash flow requirements; and Assessing factors available to management including their ability to generate cash from their investment portfolio, should that be required. 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 or parent 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
- LONDON FINANCE & INVESTMENT GROUP LIMITED · parent
- Lonfin Investments Limited 100%
- City Group PLC 100%
Significant events
- “Early in 2022, Russia invaded Ukraine and, at the date of this report, the war between Russia and Ukraine shows no sign of abating. On 7 October 2023, the world saw horrific terrorist attacks by Hamas, the government of Gaza, on Israel. These attacks and those of Hezbollah, another Islamist militia in Lebanon, as well as those of the Houthi in Yemen on commercial shipping in the Red Sea and on Israel, has led to severely heightened global tensions. Iran has carried out combined mass ballistic missile, drone and rocket attacks on Israel and these have been, to date, repulsed by a coalition of countries including the United Kingdom.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BEALE, Edward John | Director | 2016-04-13 | Sep 1960 | British |
| MARSHALL, Warwick Hugh | Director | 2018-01-31 | Feb 1970 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CITY GROUP LIMITED | Corporate Secretary | — | 2025-09-18 |
| GOOD, Richard Archibald | Director | 1994-05-05 | 2003-10-02 |
| JOUSSE, Christopher Paul Valdemar | Director | 2024-10-14 | 2025-05-31 |
| LATILLA-CAMPBELL, Peter | Director | — | 1999-08-18 |
| LUCAS, Frank William Andre Aaron, Dr | Director | 1999-08-18 | 2025-05-31 |
| MACMILLAN, Phillip Donald | Director | — | 1996-03-29 |
| MARSHALL, David Courtnall | Director | — | 2024-02-29 |
| MARSHALL, Lloyd Hugh | Director | 2011-08-03 | 2016-11-20 |
| MAXWELL, John Hunter | Director | 2003-11-01 | 2025-05-31 |
| ROBOTHAM, John Michael | Director | — | 2017-12-06 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 201 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-18 CERT10 Certificate re registration public limited company to private
- 2025-09-18 RR02 Reregistration public to private company
- 2025-09-18 RESOLUTIONS Resolution
- 2024-12-09 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-19 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-09-18 | CERT10 | change-of-name | Certificate re registration public limited company to private | |
| 2025-09-18 | RR02 | change-of-name | Reregistration public to private company | |
| 2025-09-18 | MAR | incorporation | Re registration memorandum articles | |
| 2025-09-18 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-15 | CH04 | officers | Change corporate secretary company with change date | |
| 2025-08-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-16 | AA01 | accounts | Change account reference date company current extended | |
| 2025-05-02 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-05-02 | OC138 | capital | Legacy | |
| 2025-05-02 | CERT15 | capital | Certificate capital reduction issued capital | |
| 2025-01-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-20 | SH01 | capital | Capital allotment shares | |
| 2024-12-09 | AA | accounts | Accounts with accounts type group | |
| 2024-12-09 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- Capital events
- 4
- Officers appointed
- 0
- Officers resigned
- 4
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-06-30 vs 2023-06-30
-
Turnover
—
Not reported
-
Cash
+648.4%
£1,264,000 £9,460,000
-
Net assets
+19.9%
£18,640,000 £22,343,000
-
Employees
0%
4 4
-
Operating profit
+402.6%
£762,000 £3,830,000
-
Profit before tax
+110.6%
£2,104,000 £4,432,000
-
Wages
+7.7%
£402,000 £433,000
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