LONDON SOUTH BANK UNIVERSITY

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. LONDON SOUTH BANK UNIVERSITY 2003-08-26 → present
2. SOUTH BANK UNIVERSITY 1992-06-18 → 2003-08-26
3. SOUTH BANK POLYTECHNIC 1989-03-31 → 1992-06-18
4. POLYTECHNIC OF THE SOUTH BANK (THE) 1970-08-12 → 1989-03-31

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

FRS 102

Reporting scope

Consolidated group

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Group Executive and Board of Governors, as is their responsibility, have considered the going concern status of the London South Bank University Group and are confident the Group is, and will continue to be, a going concern for the foreseeable future (defined externally as a period greater than 12 months from the approval date of these financial statements).”

Group structure

1. LONDON SOUTH BANK UNIVERSITY · parent
   1. South Bank University Enterprises Limited 100% · UK · Consultancy, research and property letting
   2. South Bank Colleges Ltd 100% · UK · Provision of further education
   3. SW4 Catering Ltd 100% · UK · Combined facilities support activities

Significant events

• “LSBU opened its new Centre for Health, Injury and Performance in June. Funded by a £5.8 million grant from the Office for Students, the state-of-the-art facilities will create extra teaching capacity, allowing LSBU to expand nursing and allied health professional student and eventual graduate numbers.”
• “LSBU's Apprenticeship Provision was rated 'Good' overall by Ofsted following an inspection in December. The University improved on the result of its previous inspection in 2019 by receiving an 'Outstanding' grade for Personal Development.”
• “An LSBTC plumbing apprentice was named a finalist in the WorldSkills UK 2025 finals in July; while also being the first student from a London college to achieve this honour.”
• “LSBU Croydon won the 2025 Teaching & Educational Excellence Award at the Charles Gordon Trust London Community Excellence Awards. The submission showed how LSBU Croydon is tackling healthcare inequalities through innovative teaching and outreach.”
• “LSBU launched a groundbreaking research initiative that aims to identify and map waste heat from urban cooling applications, using Birmingham as a case study.”

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

0

last 24 months

Officers appointed

6

last 12 months

Officers resigned

5

last 12 months

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

• Turnover

  -4.9%

  £137,607,000 → £130,892,000

• Cash

  +91.6%

  £1,476,000 → £2,828,000

• Net assets

  -3.6%

  £278,593,000 → £268,657,000

• Employees

  -7.8%

  1,759 → 1,622

• Profit before tax

  +2.1%

  -£8,008,000 → -£7,836,000

• Wages

  -8.2%

  £92,089,000 → £84,564,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers