LIFE SETTLEMENT ASSETS PLC
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Cash
£7.2M
USD 9,646,000
+4.4% vs 2024
Net assets
£80M
USD 106,282,000
+2.5% vs 2024
Employees
0
Average over period
Profit before tax
£5.1M
USD 6,855,000
+111% highest in 3 filed years
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | £5,083,845 | £4,234,167 | £6,819,135 | +61.1% | |
| Profit before tax | £3,219,045 | £2,432,250 | £5,131,756 | +111% | |
| Net profit | £3,219,045 | £2,459,949 | £5,131,756 | +108.6% | |
| Cash | £9,100,913 | £6,918,700 | £7,221,141 | +4.4% | |
| Total assets less current liabilities | £83,255,727 | £77,594,700 | £79,564,306 | +2.5% | |
| Net assets | £83,255,727 | £77,594,700 | £79,564,306 | +2.5% | |
| Equity | £83,255,727 | £77,594,700 | £79,564,306 | +2.5% | |
| Average employees | — | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | £115,287 | £121,276 | £125,019 | +3.1% |
Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Return on capital employed | 6.1% | 5.5% | 8.6% | |
| Gearing (liabilities / total assets) | 2.1% | 1.5% | 1.7% | |
| Current ratio | 18.26x | 47.70x | 35.24x | |
| Interest cover | 2.73x | 2.32x | 4.05x |
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.
Name history
Renamed 1 time since incorporation
- LIFE SETTLEMENT ASSETS PLC 2018-01-24 → present
- LIFE SETTLEMENT ASSETS LIMITED 2017-08-16 → 2018-01-24
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors believe that it is appropriate to prepare the Financial Statements on a going concern basis and that the Company has adequate resources to continue in operational existence for a period of at least 12 months from the date of the approval of the Financial Statements. The Company is able to meet its liabilities and obligations including annual premiums and its ongoing charges.”
Group structure
- LIFE SETTLEMENT ASSETS PLC · parent
- Acheron Portfolio Trust 100%
Significant events
- “In March 2023, the Company announced that it has acquired the policies from the Mutual Benefits Keep Policy Trust for a gross consideration of USD 24 million.”
- “On 25 June 2025, the Company announced that it had completed a detailed review of all LSA's MBC policies.”
- “On 29 September 2025 the Company declared a special dividend of 4.5307 cents per share, totalling USD 2.0 million, which was paid on 30 October 2025.”
- “In the year to 31 December 2025 the Company bought back and cancelled 1,259.474 shares, representing 2.8% of the issued share capital as at 31 December 2021 at a total cost of USD 2.2 million.”
- “Since the year end the Company has bought back and cancelled a further 415.954 shares at a total cost of USD 0.7 million representing 0.9% of the issued share capital as at 31 December 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ISCA ADMINISTRATION SERVICES LIMITED | Corporate Secretary | 2019-12-01 | — | — |
| BAINES, Michael George Coriat Talbot | Director | 2018-01-24 | May 1952 | British |
| CASEY, Christopher Michael | Director | 2019-12-11 | Mar 1955 | British |
| TURKMEN, Behcet Guner | Director | 2018-01-24 | Jan 1969 | Turkish |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MAITLAND ADMINISTRATION SERVICES LIMITED | Corporate Secretary | 2018-01-24 | 2019-12-01 |
| EDELSTEIN, Robert Henry, Dr | Director | 2018-01-24 | 2020-12-31 |
| MATHE, Franck | Director | 2018-01-24 | 2020-09-30 |
| MEDERNACH, Jean Alphonse Ernest | Director | 2018-01-24 | 2019-10-01 |
| TOLLER, Carlo | Director | 2017-08-16 | 2018-01-24 |
| YVES, Mertz | Director | 2018-01-24 | 2020-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Acheron Capital Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-08-16 | Ceased 2018-03-26 |
Filing timeline
Last 20 of 105 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-06-25 RESOLUTIONS Resolution
- 2025-07-04 RESOLUTIONS Resolution
- 2023-06-28 RESOLUTIONS Resolution
- 2022-06-30 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-25 | RESOLUTIONS | resolution | Resolution | |
| 2026-06-23 | AA | accounts | Accounts with accounts type full | |
| 2025-08-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-05 | AA | accounts | Accounts with accounts type full | |
| 2024-08-30 | SH07 | capital | Capital cancellation shares by plc | |
| 2024-08-30 | SH07 | capital | Capital cancellation shares by plc | |
| 2024-08-30 | SH07 | capital | Capital cancellation shares by plc | |
| 2024-08-30 | SH07 | capital | Capital cancellation shares by plc | |
| 2024-08-30 | SH07 | capital | Capital cancellation shares by plc | |
| 2024-08-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-25 | AA | accounts | Accounts with accounts type full | |
| 2024-01-04 | CH04 | officers | Change corporate secretary company with change date | |
| 2023-11-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-28 | RESOLUTIONS | resolution | Resolution | |
| 2023-06-23 | AA | accounts | Accounts with accounts type full | |
| 2022-08-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-30 | RESOLUTIONS | resolution | Resolution | |
| 2022-06-29 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 5
- 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.