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:
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Sancus Lending Group Limited Rory Mepham, Chief Executive Officer Keith Lawrence, Chief Financial Officer |
+44 (0)1481 708280 |
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Shore Capital (Nominated Adviser and Broker) Tom Griffiths / George Payne (Corporate Advisory) Oliver Jackson / Ansh Batura (Corporate Broking) |
+44 (0)20 7408 4050 |
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Redwood Co Sec Limited Charlotte Sanders Gwen Norman |
+44 (0)1481 701950 |