STUDENT LOANS COMPANY LIMITED
Get an alert when STUDENT LOANS COMPANY LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-07-19 (in 2mo)
Last made up 2025-07-05
Watchouts
Cash
£9M
-14.3% vs 2024
Net assets
£53M
-13.4% vs 2024
Employees
3,149
-5.3% vs 2024
Profit before tax
-£297M
-4.7% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 1 time since incorporation
- STUDENT LOANS COMPANY LIMITED 1989-12-06 → present
- PERCHLANE LIMITED 1989-07-05 → 1989-12-06
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £2,522,000 | £2,362,000 | |
| Operating profit | -£280,304,000 | -£294,705,000 | |
| Profit before tax | -£283,192,000 | -£296,627,000 | |
| Net profit | -£283,192,000 | -£296,630,000 | |
| Cash | £10,134,000 | £8,689,000 | |
| Total assets less current liabilities | £111,181,000 | £94,744,000 | |
| Net assets | £61,554,000 | £53,317,000 | |
| Equity | £61,554,000 | £53,317,000 | |
| Average employees | 3,325 | 3,149 | |
| Wages | £109,404,000 | £109,486,000 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -11114.4% | -12476.9% | |
| Net margin | -11228.9% | -12558.4% | |
| Return on capital employed | -252.1% | -311.1% | |
| Gearing (liabilities / total assets) | 56.8% | 59.7% | |
| Current ratio | 0.97x | 0.74x | |
| Interest cover | -94.47x | -146.11x |
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
- Martin Burgess
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Grant-in-Aid for SLC’s business as usual operating expenditure for 2025-26 has been included in the sponsoring departments’ estimates for that year, which have been approved by Parliament. The total budget is expected to be confirmed by the DfE as set out in the APRA letter 2025-26. The APRA letter will also confirm ring-fenced funding for the delivery of HE Reform, reflecting the ongoing commitment to SLC to operate longer term as the delivery vehicle for student finance and the development of future HE Reform. It has therefore been prepared to adopt a going concern basis for the preparation of the 2024-25 financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 66 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WOMERSLEY, Gary Stuart | Secretary | 2015-12-01 | — | — |
| BEECH, Amanda | Director | 2024-10-01 | Aug 1973 | British |
| CAMPBELL, Janette Anne | Director | 2024-10-30 | Oct 1966 | British |
| LARMER, Christopher James | Director | 2022-11-28 | Jan 1970 | British |
| MARSTON, Stephen Andrew | Director | 2024-10-01 | Jun 1961 | English |
| MCCOLL, Audrey Majella | Director | 2021-08-02 | Aug 1967 | British |
| OLLERENSHAW, Margaret | Director | 2024-10-01 | Feb 1971 | British |
| PAGE, Gary Edward | Director | 2020-10-19 | Jun 1965 | British |
| TOOTHILL, Natasha | Director | 2023-04-01 | Feb 1968 | British |
| WALLACE, David Gordon | Director | 2019-01-08 | Nov 1965 | British |
Show 66 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANDREW, Christopher John | Secretary | 2004-02-01 | 2014-06-27 |
| BROCK, Denise | Secretary | 1997-03-31 | 2000-12-20 |
| BROWN, John Joseph | Secretary | 2014-06-30 | 2015-11-30 |
| LIVINGSTONE, Archibald | Secretary | — | 1993-09-22 |
| MORRISON, John Bayne | Secretary | 1995-12-22 | 1996-03-27 |
| ROCKLIFF, David Charles | Secretary | 1993-09-22 | 1995-12-22 |
| ROSS, Derek Colville | Secretary | 2000-12-20 | 2004-02-01 |
| SPATCHER, Jacqueline Louise | Secretary | 1996-03-27 | 1997-03-31 |
| ARKLE, Sandra | Director | 2008-08-01 | 2009-09-30 |
| ASH, Eric Albert, Professor Sir | Director | 1994-09-01 | 2000-08-31 |
| BANKS, Richard Lee | Director | 2015-03-30 | 2015-09-30 |
| BATTISHILL, Anthony Michael William, Sir | Director | 1998-12-11 | 2001-12-17 |
| BEDELL PEARCE, Keith Leonard | Director | 2001-12-17 | 2008-12-18 |
| BENNIGSEN, Alexandra Grace | Director | 1994-09-01 | 1997-07-31 |
| BOOTH, Brian George | Director | 1998-12-03 | 2004-10-24 |
| BREAKWELL, Glynis Marie, Professor Dame | Director | 2011-03-01 | 2017-02-28 |
| BRODIE, Christian Norman | Director | 2014-02-01 | 2020-01-31 |
| BURNETT, Rupert Gavin | Director | — | 1997-08-31 |
| COX, Antonia Mary | Director | 2016-03-31 | 2019-03-31 |
| CURNOCK COOK, Mary Elizabeth | Director | 2017-12-11 | 2023-12-10 |
| DAVDA, Tanvi Prafulchandra | Director | 2002-08-01 | 2008-07-31 |
| DEVONSHIRE, Simon Peter | Director | 2016-03-31 | 2022-03-31 |
| DICKSON, Ian Rutherford | Director | 2005-03-01 | 2011-02-28 |
| DUFFNER, Barbara | Director | 2004-03-01 | 2010-02-28 |
| EDELMAN, David Bradley | Director | 2008-08-01 | 2014-07-31 |
| ELPHICKE, Natalie Cecilia | Director | 2016-03-31 | 2019-09-26 |
| GALLAGHER, William Gerard | Director | 2010-04-01 | 2016-03-31 |
| GOODFELLOW, John Graham | Director | 2008-12-18 | 2010-05-25 |
| GRACE, Paul Henry | Director | 1999-03-15 | 2002-07-31 |
| GRAVELLS, David Peter Anthony | Director | 2016-03-31 | 2020-09-30 |
| HARRISON, Ronald Joseph | Director | — | 1995-05-09 |
| HOPKIN, Deian Rhys, Professor Sir | Director | 2010-05-25 | 2010-10-31 |
| HURLSTON, Malcolm | Director | 1991-09-06 | 1992-07-01 |
| JEFFERY, Thomas Baird | Director | — | 1992-09-03 |
| JONES-EVANS, Sally Ann | Director | 2016-03-31 | 2018-03-31 |
| KANTER, Ralph Thomas Ludwig | Director | — | 1997-08-31 |
| KENNEDY, Robert Anthony | Director | 2010-06-25 | 2016-06-24 |
| LAIDLAW, Petra Irene | Director | 1992-09-03 | 1993-12-14 |
| LAMEY, Steven | Director | 2016-06-01 | 2017-11-07 |
| LAUENER, Peter Rene | Director | 2020-04-01 | 2026-03-31 |
| LAUENER, Peter Rene | Director | 2018-02-28 | 2018-09-16 |
| LAVERTY, Michael Francis Patrick | Director | 2013-01-03 | 2015-11-01 |
| LESTER, Edward Paul | Director | 2010-05-28 | 2013-01-03 |
| MCCUSKER, Angela Ethel Mary | Director | 2002-08-01 | 2008-07-31 |
| MOAR, Charlotte Mary Celia | Director | 2019-05-07 | 2025-05-06 |
| MOORE, Jeremy Patrick | Director | 1994-01-19 | 1994-09-21 |
| MORRISON, John Bayne | Director | 1994-10-01 | 2001-03-31 |
| NORMAN, Ronald, Sir | Director | 1996-08-05 | 1998-10-22 |
| PATERSON, Maurice Dinsmore | Director | 1999-03-15 | 2002-07-31 |
| RUTHEN, Rona | Director | 2020-10-19 | 2023-10-18 |
| SEYMOUR JACKSON, Ralph | Director | 2003-07-21 | 2010-05-25 |
| SMEDLEY, Sally Claire | Director | 2008-08-01 | 2012-04-30 |
| SMILLIE, Jacqueline | Director | 2019-01-08 | 2021-05-31 |
| SMITH, John Edward Kitson | Director | 2010-11-01 | 2013-10-31 |
| SUSSEX, Paula Elizabeth | Director | 2018-09-17 | 2022-11-27 |
| TETLOW, Stephen John | Director | 2019-05-07 | 2025-05-06 |
| TOMLIN, Jean | Director | 2002-08-01 | 2003-12-31 |
| TORKINGTON, Christian Roy | Director | 2004-03-01 | 2010-02-28 |
| VEREKER, Sir John Michael Medlicott | Director | — | 1991-10-10 |
| WALLACE, David Gordon | Director | 2015-11-01 | 2016-05-31 |
| WARD, Colin | Director | 1994-10-01 | 2003-06-30 |
| WATHEY, Andrew Brian, Professor | Director | 2018-01-01 | 2023-12-10 |
| WEATHERSTON, William Alastair Paterson | Director | — | 1994-09-21 |
| YOUNG, Kenneth Middleton | Director | 1992-07-28 | 1996-08-04 |
| YUILLE, Michael George Simpson | Director | 2010-04-01 | 2016-06-30 |
| SECRETARY OF STATE FOR INNOVATION, UNIVERSITIES AND SKILLS | Corporate Director | 1997-05-02 | 1997-05-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Secretary Of State For Education | Legal person | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
| Minister For The Economy, Northern Ireland | Legal person | Significant influence | 2016-04-06 | Active |
| The Welsh Ministers | Legal person | Significant influence | 2016-04-06 | Active |
| The Scottish Ministers | Legal person | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 278 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-24 | AA | accounts | Accounts with accounts type full | |
| 2025-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-07 | CH01 | officers | Change person director company with change date | |
| 2024-12-19 | AA | accounts | Accounts with accounts type full | |
| 2024-11-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-20 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-20 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-26 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-20 | AA | accounts | Accounts with accounts type full | |
| 2023-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-09 | AA | accounts | Accounts with accounts type full | |
| 2022-12-07 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 3
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-6.3%
£2,522,000 £2,362,000
-
Cash
-14.3%
£10,134,000 £8,689,000
-
Net assets
-13.4%
£61,554,000 £53,317,000
-
Employees
-5.3%
3,325 3,149
-
Operating profit
-5.1%
-£280,304,000 -£294,705,000
-
Profit before tax
-4.7%
-£283,192,000 -£296,627,000
-
Wages
+0.1%
£109,404,000 £109,486,000
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