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RNS Number : 6091Q 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 +44 (0)1481 708280
Rory Mepham, Chief Executive Officer
Keith Lawrence, Chief Financial Officer
Shore Capital (Nominated Adviser and Broker) +44 (0)20 7408 4050
Tom Griffiths / George Payne (Corporate Advisory)
Oliver Jackson / Ansh Batura (Corporate Broking)
Redwood Co Sec Limited +44 (0)1481 701950
Charlotte Sanders
Gwen Norman
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