Law Debenture Corp

LWDB · LSE · Financial Services / Asset Management

1,206.00GBX-2.00 (-0.17%)

Price History

Full chart

Market Stats

Previous Close1,208.00

Open1,208.50

Day Range1,202.00 – 1,211.00

52-Week Range966.90 – 1,290.00

Volume85.13K

Market Cap1.64B

P/E (TTM)5.41

Forward P/E0.00

EPS0.793

Dividend Yield2.84%

Beta0.71

50-Day Avg1,242.20

200-Day Avg1,177.69

About

The Law Debenture Corporation p.l.c., an investment trust, provides independent professional services to companies, agencies, organizations, and individuals worldwide. The company operates in two segments: Portfolio and Independent Professional Services. It provides corporate secretarial services; corporate trust services, including bond/security trustee, escrow agent, bespoke trust solutions, and paying agent; pension trustee services comprising independent trustee, chair of trustees, corporate sole trustee, co-trustee, subcommittee chair or member, master trust trustee, IGC member or for ad-hoc support, process agent; whistleblowing services; and outsourced pensions management, scheme secretarial, and specialist support services to projects, pension scheme trustees, and corporates. The company also offers structured finance services; company secretarial services comprising corporate administration, registrar services, statutory filings, and registered office; entity management services; and accounting and tax solutions. The Law Debenture Corporation p.l.c. was incorporated in 1889 and is headquartered in London, the United Kingdom.

Company Details

SectorFinancial Services
IndustryAsset Management
CEOMr. Denis Jackson
Employees315
Headquarters100 Bishopsgate, London, United Kingdom, EC2N 4AG, UK
Websitehttps://www.lawdebenture.com

Leadership

Mr. Denis JacksonCEO & Executive Director · b. 1966
Ms. Trish HoustonCOO, Head of Corporate Secretarial Services & Executive Director · b. 1980
Ms. Isla PickeringChief Financial Officer · b. 1981
Mr. Spencer KnightsbridgeChief Technology Officer
Alex RingerHead of Legal, Risk & Compliance
Ms. Kate CullenBusiness Development & Marketing Manager
Ms. Anne HillsHead of Service of Process & Director
Mr. Julian Mason-JebbHead of New Business - Corporate Trust & Director of Corporate Trust
Mr. Mark AshworthChairman of Pension Scheme Trusteeships
Mr. Michael A. ChattertonManaging Director of Pensions

Financials

Income Statement

Currency: GBP	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: GBP	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	62.84M	58.56M	97.54M	86.51M	57.71M	-94.91M	118.72M	109.27M	20.99M	101.21M	159.98M	51.33M	25.87M	151.63M	131.13M	-31.81M	161.49M	67.79M	196.90M	108.17M	133.36M	168.35M	374.24M
Growth (%)	-	-6.82%	+66.57%	-11.31%	-33.29%	-264.46%	+225.09%	-7.96%	-80.79%	+382.19%	+58.07%	-67.91%	-49.61%	+486.19%	-13.52%	-124.26%	+607.65%	-58.02%	+190.45%	-45.06%	+23.29%	+26.24%	+122.29%
Cost of Revenue	-	-	-	-	-	-	-	-	-	1.22M	1.47M	1.66M	1.71M	1.58M	1.13M	5.99M	5.03M	4.41M	8.04M	10.91M	8.26M	6.80M	9.57M
Gross Profit	62.84M	58.56M	97.54M	86.51M	57.71M	-94.91M	118.72M	109.27M	20.99M	99.98M	158.51M	49.67M	24.16M	150.06M	130.00M	-37.80M	156.46M	36.38M	189.46M	97.26M	125.11M	168.35M	364.67M
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	98.79%	99.08%	96.77%	93.40%	98.96%	99.14%	118.83%	96.89%	53.67%	96.22%	89.92%	93.81%	100.00%	97.44%
Operating Expense	9.65M	14.67M	17.85M	19.71M	23.61M	23.35M	25.19M	21.25M	20.73M	18.92M	20.58M	21.04M	18.94M	20.26M	17.83M	14.93M	25.10M	26.98M	34.14M	175.35M	41.78M	69.50M	50.38M
Operating Income	53.19M	43.89M	79.69M	66.80M	34.10M	-118.25M	93.52M	88.02M	260.00K	81.06M	137.93M	28.64M	5.22M	129.80M	112.17M	-52.73M	131.36M	9.41M	155.32M	-78.09M	83.32M	98.85M	314.28M
Operating Margin	84.64%	74.95%	81.70%	77.22%	59.09%	124.60%	78.78%	80.56%	1.24%	80.10%	86.22%	55.78%	20.17%	85.60%	85.54%	165.75%	81.34%	13.88%	78.88%	-72.20%	62.48%	58.72%	83.98%
EBITDA	53.19M	43.89M	79.69M	66.80M	34.10M	-118.25M	93.52M	88.02M	500.00K	81.43M	138.20M	28.92M	5.34M	124.96M	110.95M	-54.00M	132.68M	10.70M	157.21M	-76.16M	86.14M	101.18M	317.12M
EBITDA Margin	84.64%	74.95%	81.70%	77.22%	59.09%	124.60%	78.78%	80.56%	2.38%	80.46%	86.39%	56.34%	20.65%	82.41%	84.61%	169.75%	82.16%	15.78%	79.84%	-70.41%	64.59%	60.10%	84.74%
Net Income	50.02M	40.29M	75.81M	62.21M	27.63M	-122.99M	88.83M	83.89M	-4.17M	76.86M	133.52M	24.54M	739.00K	124.27M	104.86M	-59.79M	129.94M	2.95M	148.83M	-86.35M	75.15M	96.95M	304.67M
Net Income Margin	79.59%	68.80%	77.73%	71.92%	47.88%	129.59%	74.83%	76.78%	-19.85%	75.95%	83.46%	47.81%	2.86%	81.95%	79.97%	187.96%	80.46%	4.35%	75.59%	-79.83%	56.35%	57.59%	81.41%
R&D	-	-	-	-	-	-	-	-	-	-	-	-	-	1.75	1.45	0.96	1.57	0.06	1.56	0.79	0.86	-	-
R&D as % of Total Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00%	0.00%	-0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-
Interest Expense	2.46M	2.46M	2.47M	2.46M	2.46M	2.46M	2.45M	2.45M	2.45M	2.45M	2.74M	2.90M	3.63M	5.54M	4.79M	4.62M	5.28M	5.28M	5.28M	6.84M	6.81M	6.80M	7.21M
Interest Expense % of Total Revenue	3.91%	4.19%	2.53%	2.84%	4.26%	-2.59%	2.06%	2.24%	11.67%	2.42%	1.71%	5.64%	14.04%	3.65%	3.65%	-14.51%	3.27%	7.79%	2.68%	6.32%	5.11%	4.04%	1.93%

Balance Sheet

Currency: GBP	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: GBP	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	354.86M	327.38M	262.08M	304.63M	339.08M	413.19M	455.89M	471.42M	334.13M	403.82M	475.29M	456.45M	515.87M	659.98M	667.01M	697.18M	805.68M	884.43M	804.18M	913.06M	886.52M	1.09B	1.00B	1.06B	1.13B	1.45B
Total Liabilities	60.27M	67.01M	62.51M	63.51M	66.57M	73.56M	63.25M	64.33M	67.71M	61.42M	62.72M	65.52M	64.01M	90.91M	92.80M	139.86M	143.39M	136.17M	134.82M	137.79M	159.53M	213.18M	205.06M	208.41M	204.91M	243.51M
Total Equity	294.58M	260.37M	199.57M	241.12M	272.51M	339.62M	392.64M	407.09M	266.42M	342.40M	412.57M	390.93M	451.86M	569.07M	574.21M	557.32M	662.28M	748.26M	669.36M	775.27M	726.99M	878.84M	799.07M	854.23M	920.76M	1.20B
Cash	15.19M	7.51M	9.01M	11.10M	24.38M	19.30M	74.56M	34.69M	31.59M	18.69M	20.03M	18.06M	22.20M	49.69M	50.32M	60.30M	94.80M	134.01M	124.15M	71.24M	41.76M	35.88M	49.56M	31.44M	38.35M	43.77M
Total Debt	-	-	-	-	39.35M	44.93M	39.29M	39.35M	39.40M	39.41M	39.44M	39.39M	39.42M	66.24M	66.02M	113.98M	114.02M	114.07M	114.11M	115.24M	119.81M	170.65M	170.56M	169.63M	169.08M	218.16M
Net Debt	-	-	-	-11.10M	14.97M	25.63M	-35.26M	4.66M	7.81M	20.73M	19.41M	21.33M	17.22M	16.55M	15.70M	53.68M	19.22M	-19.94M	-10.04M	44.00M	78.05M	134.77M	121.00M	138.19M	-38.35M	174.38M

Cash Flow

Currency: GBP	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	17.91M	18.94M	18.94M	21.71M	25.39M	25.27M	24.53M	28.19M	37.37M	31.82M	31.97M	39.05M	44.23M	46.88M	44.69M
Investing Cash Flow	-4.68M	1.35M	-1.48M	-947.00K	-41.11M	30.63M	42.83M	-11.41M	-60.26M	-8.58M	-78.94M	-25.98M	-36.57M	-317.00K	-53.45M
Financing Cash Flow	-15.12M	-15.95M	-16.52M	-20.45M	51.97M	-29.09M	-24.07M	-27.98M	-29.63M	-52.51M	40.48M	-2.71M	-24.89M	-39.42M	14.14M
Capital Expenditure	446.00K	464.00K	166.00K	50.00K	168.00K	128.00K	223.00K	180.00K	44.00K	1.65M	1.07M	1.22M	928.00K	543.00K	155.00K
Free Cash Flow	17.47M	18.48M	18.77M	21.66M	25.23M	25.15M	24.31M	28.01M	37.33M	30.17M	30.90M	37.83M	43.30M	46.34M	44.53M
Dividends Paid	15.27M	15.87M	16.77M	17.91M	19.12M	19.12M	20.08M	21.03M	23.05M	46.07M	34.92M	37.17M	40.52M	43.01M	45.63M
FCF to OCF	97.51%	97.55%	99.12%	99.77%	99.34%	99.49%	99.09%	99.36%	99.88%	94.80%	96.64%	96.88%	97.90%	98.84%	99.65%
Dividend Paid to FCF	87.41%	85.91%	89.33%	82.68%	75.78%	76.04%	82.61%	75.08%	61.75%	152.72%	113.03%	98.25%	93.57%	92.83%	102.46%

Earnings

Report Date	Mar 3, 2014	Jul 24, 2014	Feb 23, 2015	Jul 29, 2015	Feb 24, 2016	Jul 27, 2016	Feb 27, 2017	Jul 24, 2017	Mar 9, 2018	Jul 26, 2018	Feb 27, 2019	Jul 24, 2019	Feb 27, 2020	Jul 31, 2020	Feb 22, 2021	Jul 29, 2021	Feb 24, 2022	Jul 29, 2022	Feb 28, 2023	Mar 12, 2025	Jul 24, 2025
EPS Estimate	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	0.00	-
EPS Actual	0.00	0.00	0.00	0.00	-0.14	0.24	0.81	0.51	0.38	0.17	-0.67	0.66	0.44	-1.21	1.24	0.93	0.30	-0.82	0.12	0.11	1.17
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Pre-market	Pre-market	-	Pre-market

Key Statistics & Ratios

Market Cap1.64B

Enterprise Value1.87B

Trailing P/E5.41

Forward P/E0.00

PEG Ratio0.00

Price / Sales4.51

Price / Book1.24

EPS0.793

Book Value9.98

Revenue (TTM)375.03M

Gross Profit (TTM)365.74M

EBITDA313.89M

Profit Margin80.52%

Operating Margin83.54%

Return on Equity25.22%

Return on Assets13.81%

Shares Outstanding133.28M

Shares Float70.61M

Beta0.71

Dividend Yield2.84%

Dividend Rate0.36

Payout Ratio0.00%

Dividends

20262×

0.09Jun 4, 20260.10Mar 19, 2026

20254×

0.08Dec 18, 20250.08Oct 2, 20250.08Jun 5, 20250.10Mar 20, 2025

20244×

0.08Dec 19, 20240.08Sep 26, 20240.08May 30, 20240.09Mar 7, 2024

20234×

0.08Dec 21, 20230.08Oct 5, 20230.08Jun 1, 20230.09Mar 9, 2023

20224×

0.07Dec 22, 20220.07Oct 6, 20220.07Jun 1, 20220.08Mar 10, 2022

20214×

0.07Dec 23, 20210.07Oct 7, 20210.07Jun 3, 20210.08Mar 11, 2021

20202×

0.07Dec 24, 20200.07Sep 24, 2020

Stock Splits

Aug 12, 20025:1