Trading Update

Summary by AI BETAClose X

Sancus Lending Group Limited has reported a strong trading update for the year ended 31 December 2025, with turnover increasing by 32% to approximately £22.1m, driven by growth in its UK and Irish businesses. The company anticipates a significantly improved profit before tax, exceeding £1.0m, up from £0.1m in 2024, which includes £2.6m in gains from repurchasing its ZDPs. New lending facilities written during the year rose by 96% to £212m, and loans under management increased by 33% to approximately £317m. The Board is confident in the Group's future prospects and expects further growth in 2026.

Disclaimer*

Sancus Lending Group Limited
28 January 2026
 

Sancus Lending Group Limited

("Sancus" the "Company" or the "Group")

 

Trading Update

Sancus Lending Group Limited (AIM: LEND) provides the following update on its results for the year ended 31 December 2025. The figures in this announcement remain subject to audit.

The Group increased turnover by 32% to approximately £22.1m (2024: £16.8m). This performance reflects continued strong growth in the Group's core UK and Irish businesses, both of which delivered robust results despite a challenging market environment. The Group's Channel Islands business also recorded an improved performance. The Company currently estimates that it will report a significantly improved profit before tax slightly in excess of £1.0m (2024: £0.1m).

During the year, the Company wrote new lending facilities totalling £212m, representing a 96% increase (2024: £108m). At the year end, the Group had loans under management of approximately £317m, an increase of 33% (31 December 2024: £238m).

The Board is encouraged by the Group's trading performance and the progress being made to enhance its strategic and operational positioning.    During the year, the Group took further steps to reducing leverage and future financing risk through additional repurchases of its ZDPs.  The expected profit before tax referred to above includes gains of £2.6m from these actions (2024: £2.8m). 

As a result of these actions and the progress and resilience demonstrated by the Group's core businesses, the Board remains confident in the Group's future prospects. The Group looks forward to delivering further growth in 2026 across its core lending businesses which, together with maintaining disciplined cost and loan underwriting control, should deliver run-rate profitability.

The Group expects to release its audited results for the year ended 31 December 2025 in March 2026.

 For further information, please contact:

 

Sancus Lending Group Limited

Rory Mepham, Chief Executive Officer

Keith Lawrence, Chief Financial Officer

+44 (0)1481 708280

Shore Capital (Nominated Adviser and Broker)

Tom Griffiths / George Payne (Corporate Advisory)

Oliver Jackson / Ansh Batura (Corporate Broking)

+44 (0)20 7408 4050

 

 

 

Redwood Co Sec Limited

Charlotte Sanders

Gwen Norman

+44 (0)1481 701950

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings