London Security Plc

LSE:LSC UK Security & Protection Services
Market Cap
$3.65 Million
GBX30.04 Billion GBX
Market Cap Rank
#42811 Global
#678 in UK
Share Price
GBX2450.00
Change (1 day)
+0.00%
52-Week Range
GBX2300.00 - GBX3800.00
All Time High
GBX3814.52
About

London Security plc, an investment holding company, manufactures, sells, and rents fire protection equipment in the United Kingdom, Belgium, the Netherlands, Austria, France, Germany, Denmark, and Luxembourg. The company provides intruder alarms products, as well as fire protection equipment maintenance services. It offers its products under the Nu-Swift, Ansul, Total, Premier, and Master brands … Read more

London Security Plc (LSC) - Net Assets

Latest net assets as of June 2025: GBX166.67 Million GBX

Based on the latest financial reports, London Security Plc (LSC) has net assets worth GBX166.67 Million GBX as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX220.26 Million) and total liabilities (GBX53.59 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX166.67 Million
% of Total Assets 75.67%
Annual Growth Rate 8.14%
5-Year Change 22.87%
10-Year Change 76.06%
Growth Volatility 6830.93

London Security Plc - Net Assets Trend (1986–2024)

This chart illustrates how London Security Plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for London Security Plc (1986–2024)

The table below shows the annual net assets of London Security Plc from 1986 to 2024.

Year Net Assets Change
2024-12-31 GBX154.97 Million +1.79%
2023-12-31 GBX152.24 Million +4.38%
2022-12-31 GBX145.86 Million +10.71%
2021-12-31 GBX131.75 Million +4.46%
2020-12-31 GBX126.12 Million +8.56%
2019-12-31 GBX116.17 Million +3.99%
2018-12-31 GBX111.71 Million +7.86%
2017-12-31 GBX103.57 Million +7.27%
2016-12-31 GBX96.55 Million +9.69%
2015-12-31 GBX88.02 Million +3.05%
2014-12-31 GBX85.42 Million +3.15%
2013-12-31 GBX82.81 Million +7.52%
2012-12-31 GBX77.02 Million +16.63%
2011-12-31 GBX66.04 Million +17.86%
2010-12-31 GBX56.03 Million +22.73%
2009-12-31 GBX45.66 Million +49.63%
2008-12-31 GBX30.51 Million -18.91%
2007-12-31 GBX37.63 Million +30.37%
2006-12-31 GBX28.86 Million +25.79%
2005-12-31 GBX22.95 Million -52.71%
2004-12-31 GBX48.52 Million -7.42%
2003-12-31 GBX52.40 Million +9.22%
2002-12-31 GBX47.98 Million +9.56%
2001-12-31 GBX43.79 Million +8.20%
2000-12-31 GBX40.48 Million +7.42%
1999-12-31 GBX37.68 Million +253.06%
1998-12-31 GBX10.67 Million +23.65%
1997-12-31 GBX8.63 Million +25.51%
1996-12-31 GBX6.88 Million +16.30%
1995-12-31 GBX5.91 Million +42135.71%
1994-09-30 GBX14.00K -91.62%
1993-09-30 GBX167.00K +101.00%
1992-09-30 GBX-16.72 Million -181.65%
1991-03-31 GBX20.48 Million -62.36%
1990-03-31 GBX54.41 Million +101.98%
1989-03-31 GBX26.94 Million +11.15%
1988-03-31 GBX24.23 Million +194.01%
1987-03-31 GBX8.24 Million +10.39%
1986-03-31 GBX7.47 Million --

Equity Component Analysis

This analysis shows how different components contribute to London Security Plc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 15403100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings GBX149.68 Million 96.58%
Common Stock GBX123.00K 0.08%
Other Components GBX5.17 Million 3.34%
Total Equity GBX154.97 Million 100.00%

London Security Plc Competitors by Market Cap

The table below lists competitors of London Security Plc ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in London Security Plc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 152,243,000 to 154,971,000, a change of 2,728,000 (1.8%).
  • Net income of 21,665,000 contributed positively to equity growth.
  • Dividend payments of 14,950,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 9,113,000.
  • Other factors increased equity by 5,126,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX21.66 Million +13.98%
Dividends Paid GBX14.95 Million -9.65%
Other Comprehensive Income GBX-9.11 Million -5.88%
Other Changes GBX5.13 Million +3.31%
Total Change GBX- 1.79%

Book Value vs Market Value Analysis

This analysis compares London Security Plc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 193.82x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 202.89x to 193.82x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1986-03-31 GBX12.08 GBX2450.00 x
1987-03-31 GBX13.02 GBX2450.00 x
1988-03-31 GBX38.98 GBX2450.00 x
1989-03-31 GBX45.03 GBX2450.00 x
1990-03-31 GBX80.50 GBX2450.00 x
1991-03-31 GBX20.11 GBX2450.00 x
1993-09-30 GBX0.27 GBX2450.00 x
1994-09-30 GBX0.02 GBX2450.00 x
1996-12-31 GBX1.34 GBX2450.00 x
1997-12-31 GBX1.69 GBX2450.00 x
1998-12-31 GBX2.08 GBX2450.00 x
1999-12-31 GBX7.27 GBX2450.00 x
2000-12-31 GBX2.78 GBX2450.00 x
2001-12-31 GBX3.02 GBX2450.00 x
2002-12-31 GBX3.31 GBX2450.00 x
2003-12-31 GBX3.62 GBX2450.00 x
2004-12-31 GBX3.35 GBX2450.00 x
2005-12-31 GBX1.71 GBX2450.00 x
2006-12-31 GBX2.35 GBX2450.00 x
2007-12-31 GBX3.06 GBX2450.00 x
2008-12-31 GBX2.48 GBX2450.00 x
2009-12-31 GBX3.71 GBX2450.00 x
2010-12-31 GBX4.56 GBX2450.00 x
2011-12-31 GBX5.38 GBX2450.00 x
2012-12-31 GBX6.28 GBX2450.00 x
2013-12-31 GBX6.75 GBX2450.00 x
2014-12-31 GBX6.97 GBX2450.00 x
2015-12-31 GBX7.18 GBX2450.00 x
2016-12-31 GBX7.87 GBX2450.00 x
2017-12-31 GBX8.43 GBX2450.00 x
2018-12-31 GBX9.09 GBX2450.00 x
2019-12-31 GBX9.45 GBX2450.00 x
2020-12-31 GBX10.26 GBX2450.00 x
2021-12-31 GBX10.74 GBX2450.00 x
2022-12-31 GBX11.90 GBX2450.00 x
2023-12-31 GBX12.42 GBX2450.00 x
2024-12-31 GBX12.64 GBX2450.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently London Security Plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 13.98%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.82%
  • • Asset Turnover: 1.08x
  • • Equity Multiplier: 1.32x
  • Recent ROE (13.98%) is above the historical average (-42.06%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1986 2.87% 3.75% 0.36x 2.11x GBX-527.60K
1987 19.54% 16.49% 0.57x 2.07x GBX779.80K
1988 14.12% 329.98% 0.03x 1.45x GBX995.60K
1989 12.33% 471.27% 0.01x 1.87x GBX626.30K
1990 12.21% 408.16% 0.02x 1.95x GBX1.07 Million
1991 -264.40% -1903.23% 0.03x 5.30x GBX-37.96 Million
1993 -205.39% 0.00% 0.00x 1.22x GBX-359.70K
1994 -1607.14% 0.00% 0.00x 2.57x GBX-226.40K
1996 8.23% 28.95% 0.11x 2.63x GBX-121.70K
1997 5.86% 25.54% 0.10x 2.32x GBX-357.10K
1998 13.57% 72.22% 0.09x 2.06x GBX380.80K
1999 6.98% 131.11% 0.03x 1.92x GBX-1.14 Million
2000 8.04% 8.63% 0.53x 1.77x GBX-791.50K
2001 10.33% 10.05% 0.62x 1.67x GBX144.60K
2002 9.59% 9.57% 0.62x 1.63x GBX-195.10K
2003 11.05% 10.77% 0.66x 1.56x GBX551.60K
2004 10.73% 9.95% 0.62x 1.75x GBX354.20K
2005 19.51% 6.91% 0.78x 3.61x GBX2.18 Million
2006 26.39% 11.82% 0.77x 2.88x GBX4.73 Million
2007 35.07% 19.81% 0.76x 2.33x GBX9.43 Million
2008 18.21% 7.42% 0.72x 3.41x GBX2.51 Million
2009 31.83% 16.90% 0.82x 2.31x GBX9.97 Million
2010 23.35% 15.30% 0.80x 1.91x GBX7.48 Million
2011 21.39% 14.68% 0.87x 1.68x GBX7.52 Million
2012 24.67% 20.18% 0.86x 1.43x GBX11.30 Million
2013 16.55% 13.52% 0.83x 1.47x GBX5.43 Million
2014 14.84% 12.56% 0.81x 1.47x GBX4.13 Million
2015 13.94% 12.13% 0.82x 1.40x GBX3.47 Million
2016 14.28% 12.00% 0.85x 1.40x GBX4.13 Million
2017 13.88% 11.40% 0.89x 1.36x GBX4.01 Million
2018 14.43% 11.67% 0.91x 1.36x GBX4.94 Million
2019 14.38% 11.33% 0.94x 1.35x GBX5.07 Million
2020 14.20% 11.69% 0.90x 1.35x GBX5.28 Million
2021 15.12% 11.95% 0.95x 1.33x GBX6.74 Million
2022 13.86% 10.70% 0.96x 1.34x GBX5.63 Million
2023 15.28% 10.59% 1.09x 1.33x GBX8.04 Million
2024 13.98% 9.82% 1.08x 1.32x GBX6.17 Million

Industry Comparison

This section compares London Security Plc's net assets metrics with peer companies in the Security & Protection Services industry.

Industry Context

  • Industry: Security & Protection Services
  • Average net assets among peers: $11,070,571
  • Average return on equity (ROE) among peers: -10.74%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
London Security Plc (LSC) GBX166.67 Million 2.87% 0.32x $37.42K
Croma Security Solutions Group Plc (CSSG) $15.22 Million 3.57% 0.19x $1.22K
Image Scan Holdings Plc (IGE) $872.00K -27.18% 1.18x $308.05
Journeo PLC (JNEO) $12.74 Million 23.34% 1.81x $8.92K
Newmark Security plc (NWT) $7.93 Million 4.45% 1.34x $1.20K
Petards Group plc (PEG) $-2.29 Million 0.00% 0.00x $849.40
Synectics plc (SNX) $40.72 Million 3.77% 0.51x $5.00K
Westminster Group Plc (WSG) $2.30 Million -83.14% 1.79x $466.79