LONDON CAPITAL GROUP LIMITED
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-07-12 (in 2mo)
Last made up 2025-06-28
Watchouts
Cash
£856K
-11.5% vs 2024
Net assets
£755K
-8.3% vs 2024
Employees
10
0% vs 2024
Profit before tax
-£69K
-114.3% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Turnover | — | £2,074,288 | £1,692,567 | |
| Operating profit | — | £482,105 | -£78,142 | |
| Profit before tax | — | £477,708 | -£68,510 | |
| Net profit | — | £477,708 | -£68,510 | |
| Cash | — | £967,031 | £855,748 | |
| Total assets less current liabilities | — | — | £755,177 | |
| Net assets | — | £823,687 | £755,177 | |
| Equity | £345,979 | £823,687 | £755,177 | |
| Average employees | — | 10 | 10 | |
| Wages | — | £1,525,787 | £1,255,235 |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | — | 23.2% | -4.6% | |
| Net margin | — | 23.0% | -4.0% | |
| Return on capital employed | — | — | -10.3% | |
| Gearing (liabilities / total assets) | — | 82.8% | 29.7% | |
| Current ratio | — | 1.21x | 3.36x | |
| Interest cover | — | 56.14x | -132.00x |
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
- Brebners
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the Going Concern basis. The Directors believe the Company is expected to continue in operational existence for the foreseeable future and meet its liabilities as they fall due for repayment for a period of at least 12 months following the approval of the financial statements.”
Significant events
- “2025 was London Capital Group's first full year of operation as a 'stand-alone' IB, having received its final payment from the former parent company during 2024. Despite the significant headwinds presented by the demise of FlowBank, the company achieved 21% year-on-year net revenue growth in its core partnership with IG Group.”
- “London Capital Group Limited's parent company, FlowBank SA, had bankruptcy proceedings brought against it by FINMA in June 2024. The liquidators of FlowBank subsequently confirmed their intention to ensure that, despite the Bank's bankruptcy, London Capital Group remain solvent and maintain its required regulatory capital, with a view to a future sale of the business.”
- “On 24th of April 2025, the Directors executed an Assignment Agreement with Walder Wyss (acting on behalf of the Creditors of FlowBank) that saw a receivable on LCG's balance sheet from SLCG to the amount of £4,786,198 assigned to FlowBank SA. This asset assignment simultaneously reduced the debt that was owed by London Capital Group to FlowBank, from £3,799,819, to a total of £200,000. The difference between the two amounts of £1,186,380 has been included as an expense in the prior period.”
- “The client has received authority from FCA on 5th January 2026 to be able to donate the balance of CMAR to charity. This was enacted on 27th February 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 60 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BASI, Matthew Peter | Director | 2022-12-16 | Jan 1985 | British |
| WORSFOLD, David Francis | Director | 2022-12-16 | Jan 1971 | British |
Show 60 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAWES, Peter Graham | Secretary | 2009-10-19 | 2010-04-21 |
| HIMSLEY, Jennifer Anne | Secretary | 2014-09-12 | 2015-02-10 |
| HOOKS, Simon Thomas | Secretary | 2016-10-11 | 2017-06-12 |
| JONES, John | Secretary | 2013-11-15 | 2014-07-31 |
| LOPEZ PEREZ, Jose Guillermo | Secretary | 2002-10-01 | 2009-10-16 |
| MCNALLY, James Martin | Secretary | 2002-05-30 | 2002-10-01 |
| MOYNIHAN, Siobhan Djihan | Secretary | 2011-01-20 | 2013-11-15 |
| PARISH, Matthew Thomas, Dr | Secretary | 2016-07-19 | 2016-10-11 |
| SPARKS, David Neil | Secretary | 2014-07-31 | 2014-09-12 |
| VALDAR, Kate Nicola | Secretary | 2015-02-10 | 2016-07-19 |
| WAXLER, Raquel | Secretary | 2010-04-21 | 2011-01-20 |
| HARPERS ASSOCIATES LIMITED | Corporate Secretary | 2017-06-12 | 2019-12-17 |
| LUCIENE JAMES LIMITED | Corporate Secretary | 1996-06-28 | 1996-06-28 |
| PACESEED LIMITED | Corporate Secretary | 1996-06-28 | 2002-05-30 |
| RSVN ASSOCIATES LIMITED | Corporate Secretary | 2019-12-17 | 2024-06-25 |
| ANDERSON, Margaret Hazelle | Director | 2012-01-27 | 2015-09-07 |
| ANTONIADES, Antonis | Director | 2018-04-06 | 2018-10-05 |
| ASHBY, Kevin Douglas | Director | 2013-05-21 | 2014-09-11 |
| BERARDI, Nicola | Director | 2015-09-10 | 2016-06-27 |
| BLANCHARD, Olivia Claudia | Director | 2017-10-20 | 2021-08-31 |
| BOTHA, Hendrik | Director | 2007-08-01 | 2009-08-18 |
| BROWN, Simon Russell | Director | 2010-09-22 | 2013-10-31 |
| BRUNEAU, Mathieu Charles Jean | Director | 2021-08-23 | 2022-01-24 |
| CHAPMAN, Francis David Sherston | Director | 2003-09-01 | 2010-04-21 |
| CHOWDHURY, Mukid Hossain | Director | 2016-05-03 | 2019-12-20 |
| CREEK, Martin | Director | 2012-07-09 | 2013-03-21 |
| CROCKER, Malcolm | Director | 2001-02-21 | 2003-06-30 |
| CROSBY, Laurence Richard | Director | 2016-11-18 | 2017-02-07 |
| DEN DRIJYER, Richard | Director | 1996-06-28 | 2001-06-28 |
| DENHAM, Simon David | Director | 2003-09-01 | 2013-02-20 |
| FOSTER, Gavin | Director | 2009-09-21 | 2014-09-15 |
| FOSTER, Gavin | Director | 2007-08-01 | 2009-08-18 |
| GANDHI, Rajendra Kumar Babulal | Director | 2007-02-19 | 2009-06-01 |
| HENRY, Simon Charles | Director | 2016-11-29 | 2017-03-09 |
| HIMSLEY, Jennifer Anne | Director | 2014-10-06 | 2015-08-31 |
| JONES, John Francis | Director | 2013-08-28 | 2014-07-31 |
| LEWIS, Nicolas John | Director | 2011-01-17 | 2014-10-01 |
| LOPEZ PEREZ, Jose Guillermo | Director | 2007-07-02 | 2009-10-16 |
| MANTILAS, George | Director | 2017-03-09 | 2020-12-31 |
| MCNALLY, James Martin | Director | 2000-04-01 | 2002-08-31 |
| MOYNIHAN, Siobhan Djihan | Director | 2009-07-10 | 2013-11-15 |
| NEMBRINI, Francois Jean Gabriel | Director | 2014-11-25 | 2015-11-30 |
| NEWTON, William Timothy Milton | Director | 2011-04-18 | 2014-02-04 |
| PARSONS, Justin Guy | Director | 2007-07-02 | 2010-12-08 |
| PAYNE, Mark | Director | 2018-04-04 | 2019-05-03 |
| PUSSARD, Marc | Director | 2007-08-01 | 2009-06-15 |
| ROWE, John Miller | Director | 2001-01-31 | 2005-12-22 |
| SABET, Charles Henri | Director | 2014-09-03 | 2016-11-18 |
| SHIELDS, Amanda Louise | Director | 2010-04-21 | 2010-09-29 |
| SLADE, Mark Andrew | Director | 2013-02-25 | 2013-07-18 |
| SPARKS, David Neil | Director | 2013-12-09 | 2014-09-12 |
| TAHMASSEBI, Arman | Director | 2015-05-18 | 2016-01-20 |
| TRUSSLER, Ian Gordon | Director | 2015-09-10 | 2016-12-09 |
| VERDIAL ARANGO, Sergio | Director | 2021-08-23 | 2024-07-16 |
| WINTON, Mark Robert | Director | 2010-10-18 | 2011-08-05 |
| WOODFORD, Rachel | Director | 2005-06-28 | 2013-07-09 |
| WOOLFE, Robert | Director | 2020-01-21 | 2020-03-20 |
| ZDRAVECKA, Jana | Director | 2020-07-15 | 2022-12-16 |
| LONDON CAPITAL PARTNERS LTD | Corporate Director | 2000-01-13 | 2005-05-11 |
| LUCIENE JAMES LIMITED | Corporate Director | 1996-06-28 | 1996-06-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Dave Worsfold | Individual | Significant influence, significant-influence-or-control-as-firm | 2024-06-13 | Ceased 2024-06-13 |
| Mr Matt Basi | Individual | Significant influence, significant-influence-or-control-as-firm | 2024-06-13 | Ceased 2024-06-13 |
| Mr Charles Sabet | Individual | Shares 25–50% | 2024-06-13 | Active |
| Mr Charles Henri Sabet | Individual | Shares 25–50%, Appoints directors | 2020-06-16 | Ceased 2024-06-13 |
| Flowbank Sa | Corporate entity | Shares 75–100%, Voting 75–100% | 2020-06-16 | Ceased 2020-06-16 |
| Slcg International Dmcc | Legal person | ownership-of-shares-75-to-100-percent-as-firm, voting-rights-75-to-100-percent-as-firm | 2018-07-31 | Ceased 2020-06-16 |
Filing timeline
Last 20 of 281 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-30 | AA | accounts | Accounts with accounts type full | |
| 2025-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-22 | AA | accounts | Accounts with accounts type full | |
| 2025-01-04 | AA | accounts | Accounts with accounts type full | |
| 2024-09-10 | AA | accounts | Accounts with accounts type full | |
| 2024-09-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-04 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-09-04 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-09-04 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-07-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-17 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-07-17 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-07-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-07-16 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-05-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-10-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-08-14 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-08-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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 2025-12-31 vs 2024-12-31
-
Turnover
-18.4%
£2,074,288 £1,692,567
-
Cash
-11.5%
£967,031 £855,748
-
Net assets
-8.3%
£823,687 £755,177
-
Employees
0%
10 10
-
Operating profit
-116.2%
£482,105 -£78,142
-
Profit before tax
-114.3%
£477,708 -£68,510
-
Wages
-17.7%
£1,525,787 £1,255,235
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