THE LINDSELL TRAIN INVESTMENT TRUST PLC
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Cash
£2.8M
-39.1% lowest in 3 filed years
Net assets
£143M
-24.8% lowest in 3 filed years
Employees
—
Average over period
Profit before tax
-£39M
-765.6% lowest in 3 filed years
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £12,005,000 | £10,169,000 | £8,170,000 | -19.7% | |
| Operating profit | — | — | — | — | |
| Profit before tax | £4,295,000 | -£4,471,000 | -£38,703,000 | -765.6% | |
| Net profit | £4,195,000 | -£4,559,000 | -£38,807,000 | -751.2% | |
| Cash | £6,028,000 | £4,582,000 | £2,790,000 | -39.1% | |
| Total assets less current liabilities | £205,285,000 | £190,426,000 | — | — | |
| Net assets | £205,285,000 | £190,426,000 | £143,219,000 | -24.8% | |
| Equity | £205,285,000 | £190,426,000 | £143,219,000 | -24.8% | |
| Average employees | — | — | — | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | £177,713 | £166,000 | £173,956 | +4.8% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Net margin | 34.9% | -44.8% | — | |
| Current ratio | 21.47x | 23.92x | — |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have prepared, on the going concern basis, after considering a schedule of the Company's current financial resources and liabilities, that the Company has adequate resources to continue in operation for at least 12 months from the date of the approval of the Financial Statements; and that it is appropriate to prepare the Financial Statements on a going concern basis. The Company does not have a fixed life.”
Significant events
- “Subsequent to the Company's year end, the net asset value per share of the Company had fallen by 1.6% from 716.1p to 704.6p and the Company's share price had risen by 3.6% from 550.0p to 570.0p as at 5 June 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FROSTROW CAPITAL LLP | Corporate Secretary | 2020-11-02 | — | — |
| ALLAN, Nicholas Timothy | Director | 2018-09-18 | Mar 1958 | British |
| HANSEN, Sian Elizabeth | Director | 2025-06-04 | Apr 1964 | British,Canadian |
| LAMBERT, Roger Mark Uvedale | Director | 2022-09-23 | Feb 1959 | British |
| LINDSELL, Michael James | Director | 2006-07-13 | Feb 1960 | British |
| MACLELLAN, Alexander David | Director | 2023-08-30 | Sep 1959 | British |
| VINNICOMBE, Helena Victoria Brodie | Director | 2022-09-23 | May 1973 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DWYER, Daniel John | Nominee Secretary | 2000-11-29 | 2000-11-29 |
| MAITLAND ADMINISTRATION SERVICES LIMITED | Corporate Secretary | 2000-11-29 | 2020-11-02 |
| ADAMSON, Donald | Director | 2000-11-29 | 2015-09-02 |
| CALDECOTT, Peter Dominic | Director | 2006-05-23 | 2016-06-01 |
| CAZALET, Charles Julian | Director | 2015-01-29 | 2023-12-31 |
| DWYER, Daniel John | Director | 2000-11-29 | 2000-11-29 |
| DWYER, Daniel James | Nominee Director | 2000-11-29 | 2000-11-29 |
| HUGHES, Richard Stormont | Director | 2018-09-18 | 2023-08-30 |
| LANDMAN, Rory Buchanan | Director | 2011-07-20 | 2020-09-03 |
| LICKORISH, Vivien Mary | Director | 2015-01-29 | 2025-09-11 |
| LINDSELL, Michael James | Director | 2000-11-29 | 2005-03-31 |
| MACKENZIE, Michael | Director | 2000-11-29 | 2018-08-29 |
| SWIRE, Rhoderick Martin | Director | 2000-11-29 | 2011-07-20 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 180 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-15 RESOLUTIONS Resolution
- 2025-09-15 MA Memorandum articles
- 2024-09-09 RESOLUTIONS Resolution
- 2023-09-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-30 | CH01 | officers | Change person director company with change date | |
| 2026-06-24 | AA | accounts | Accounts with accounts type full | |
| 2025-11-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-24 | SH02 | capital | Capital alter shares subdivision | |
| 2025-09-15 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-15 | MA | incorporation | Memorandum articles | |
| 2025-09-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-25 | AA | accounts | Accounts with accounts type full | |
| 2025-06-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-21 | AD02 | address | Change sail address company with old address new address | |
| 2024-11-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-09 | RESOLUTIONS | resolution | Resolution | |
| 2024-06-23 | AA | accounts | Accounts with accounts type full | |
| 2024-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-05 | RESOLUTIONS | resolution | Resolution | |
| 2023-08-30 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-30 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-06 | AD02 | address | Change sail address company with old address new address | |
| 2023-06-27 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 1
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.