The Accounts Companies House intelligence

LLOYDS DEVELOPMENT CAPITAL (HOLDINGS) LIMITED

#01107542 · Active · Incorporated 1973-04-11 (53y 1m) · Last filing 2026-03-02 (2mo ago)
Industrials · SIC 82990 · N Administrative & Support Service Activities · Full accounts

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-03-06 (in 10mo)

Last made up 2026-02-20

Watchouts

None on the register

Cash

£159M

+85.5% vs 2023

Net assets

£752M

+56.3% vs 2023

Employees

0

Average over period

Profit before tax

£253M

+8.7% vs 2023

Name history

Renamed 4 times since incorporation

  1. LLOYDS DEVELOPMENT CAPITAL (HOLDINGS) LIMITED 2011-12-30 → present
  2. LLOYDS TSB DEVELOPMENT CAPITAL LIMITED 1999-03-01 → 2011-12-30
  3. LLOYDS DEVELOPMENT CAPITAL LIMITED 1985-06-17 → 1999-03-01
  4. PEGASUS HOLDINGS LIMITED 1981-12-31 → 1985-06-17
  5. LLOYDS LEASING (LOMBARD STREET NOMINEES) LIMITED 1973-04-11 → 1981-12-31

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover ——
Operating profit £308,716,000£346,665,000
Profit before tax £232,651,000£252,890,000
Net profit £215,113,000£270,851,000
Cash £85,835,000£159,260,000
Total assets less current liabilities £1,937,493,000£1,968,154,000
Net assets £480,670,000£751,521,000
Equity £480,670,000£751,521,000
Average employees 00
Wages ——

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 2023-12-312024-12-31
Return on capital employed 15.9%17.6%
Gearing (liabilities / total assets) 78.6%69.7%
Current ratio 0.43x0.42x
Interest cover 4.06x3.57x

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
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Following our assessment, we are satisfied that it is the intention of Lloyds Banking Group plc ("LBG") for its subsidiaries including the company to continue to receive funding in the future and accordingly, the financial statements have been prepared on a going concern basis.”

Group structure

  1. LLOYDS DEVELOPMENT CAPITAL (HOLDINGS) LIMITED · parent
    1. LDC (Managers) Limited 100% · UK · Venture capital fund manager
    2. LDC (General Partner) Limited 100% · UK · General partner in venture capital funds
    3. LDC (Nominees) 100% · UK · Nominee company
    4. LDC Parallel (Nominees) Limited 100% · UK · Nominee company
    5. LDC I LP 100% · UK · Investment Vehicle
    6. LDC II LP 100% · UK · Investment Vehicle
    7. LDC III LP 100% · UK · Investment Vehicle
    8. LDC IV LP 100% · UK · Investment Vehicle
    9. LDC V LP 100% · UK · Investment Vehicle
    10. LDC VI LP 100% · UK · Investment Vehicle
    11. LDC VII LP 100% · UK · Investment Vehicle
    12. LDC VIII LP 100% · UK · Investment Vehicle
    13. LDC IX LP 100% · UK · Investment Vehicle
    14. LDC X LP 100% · UK · Investment Vehicle
    15. LDC XI LP 100% · UK · Investment Vehicle
    16. LDC XII LP 100% · UK · Investment Vehicle
    17. LDC XIII LP 100% · UK · Investment Vehicle

Significant events

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

People

4 active · 57 resigned

Name Role Appointed Born Nationality
MULHOLLAND, Alison Elizabeth Secretary 2020-05-14 — —
CHALMERS, William Leon David Director 2019-09-12 Jul 1968 British
KENNY, Ann Maria Director 2021-12-08 Jan 1978 Irish
ROUGIER, Alan Toby Director 2018-06-21 Dec 1967 British
Show 57 resigned officers
Name Role Appointed Resigned
BOSTON, Marc-John Secretary 2010-12-15 2014-01-07
GITTINS, Paul Secretary 2015-03-23 2018-06-21
HATCHER, Michael Roger Secretary — 1994-07-25
HENNESSEY, David Dermot Secretary 2018-06-21 2020-05-14
HOPKINS, Stephen John Secretary 1994-07-25 2010-02-28
TAYLOR, Kevin Rohan Secretary 2014-01-07 2015-03-23
BACON, Nicholas Andrew William Director 1996-04-01 2009-02-13
BALL, Andrew Derek Director 1999-11-01 2008-10-22
BERRY, Grant Rostron Director 2003-09-19 2008-09-30
BESTER, Andrew John Milton Director 2012-10-25 2017-09-01
BIRCH, Ian Gregory Director 1993-01-15 1999-10-31
BROOKS, Peter John Sutton Director 2009-03-20 2011-02-28
BROWN, Paul Gregorius Director 1993-01-15 1995-12-21
BUDDLE, John David Director — 1992-12-31
BURNS, Ian Thomas Director — 1993-04-13
CARLE, Steven Alexander Anderson Director 2002-09-20 2009-02-23
CARPENTER, Keith George Director — 2000-03-31
CARPENTER, Keith George Director — 1993-08-31
CARR, Julian Edward Director 1997-02-28 2003-09-18
CLARKE, David Clarence Director 1992-05-14 1993-01-29
CRAWLEY, Frederick William Director — 1992-06-30
CULMER, Mark George Director 2018-06-21 2019-08-01
DALE, Bernard John Director 1997-04-14 2002-02-10
DEMPSEY, Simon Joseph Director 2002-01-11 2006-06-30
DILLON, John Eamon Director 1996-11-18 1998-07-06
DRAPER, Martin John Director 2002-12-09 2021-12-31
EALES, Darryl Charles Director 1994-01-28 2014-04-30
EVANS, Philip Arthur Director — 1996-05-31
FARAZMAND, Timothy Bahram Neville Director 2006-10-30 2009-02-16
FREER, Mark Stephen Director 2005-09-16 2008-07-10
GECZY, Andrew William Director 2010-12-15 2012-11-30
HANDLEY, John Martin Director 1999-01-01 2005-09-30
HARRISON, Anthea Rebecca Director — 1992-10-30
HOLLIDGE, Ronald Director — 1995-01-31
HORNE, David Oliver Director — 1992-12-31
HURLEY, Christopher Richard Director 2013-01-22 2021-02-03
JOHN, Ian Director — 2003-07-02
JOHNSON, Paul Thomas Director 2005-01-19 2009-02-17
JOLLIFFE, Nicholas William Director 1998-04-01 1999-05-28
JOSEPH, Michael William Director — 2006-11-15
LEACH, Andrew William Director 2005-06-15 2009-02-13
LEGGETT, Kevan Paul Director 2006-05-04 2011-08-22
MAYS, Neville Hugh Director 1993-01-15 1993-12-31
MCMURRAY, Andrew Director 2004-07-14 2009-02-19
MORLEY, Candida Director 2002-09-20 2013-03-06
NASH, Tony Director 1998-04-01 2005-01-17
RHODES, Stuart Director — 2005-04-29
RIDING, Frederick Michael Peter Director 1993-01-15 2003-12-29
SANDARS, Andrew George Director 2013-01-30 2016-03-31
SELLERS, Patrick Elborough Director 1992-05-28 2014-12-31
SIMM, Jonathan David Director 2002-01-12 2006-07-18
SWARBRICK, John Frederick Director 2000-03-03 2009-02-24
TATE, George Truett Director 2007-01-19 2012-02-06
TATE, George Truett Director 2004-01-16 2004-05-05
VEALE, Stuart Michael Director 1996-04-01 2002-02-10
WEAVER, Geoffrey Joseph Director — 1994-06-15
WORMALD, Carl Edmund Director 2007-01-19 2009-02-13

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Lbg Equity Investments Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2017-11-24 Active
Lloyds Bank Plc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2017-11-24

Filing timeline

Last 20 of 526 total filings

Date Type Category Description
2026-03-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-30 AA accounts Accounts with accounts type full
2025-05-12 CH03 officers Change person secretary company with change date PDF
2025-02-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-07 AA accounts Accounts with accounts type full
2024-02-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-05 AA accounts Accounts with accounts type full
2023-04-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-29 AA accounts Accounts with accounts type full
2022-04-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-01-11 CH01 officers Change person director company with change date PDF
2022-01-05 TM01 officers Termination director company with name termination date PDF
2021-12-15 AP01 officers Appoint person director company with name date PDF
2021-09-30 AA accounts Accounts with accounts type full
2021-04-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-02-08 TM01 officers Termination director company with name termination date PDF
2020-09-30 AA accounts Accounts with accounts type full
2020-05-28 AP03 officers Appoint person secretary company with name date PDF
2020-05-27 TM02 officers Termination secretary company with name termination date PDF
2020-04-14 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

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.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Official Companies House page