Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.
Jump to:

British Land Company Fundamentals

Company Name British Land Last Updated 29 Sep 2020
Industry Financials Sector Diversified REITs
Shares in Issue (m) 926.69 Market Cap (£m) 3,068.28
PE Ratio -3.01 Div per Share () 15.97
Div Yield 4.82 Div Cover 0.00
EPS -110.00 EPS Growth (%) -266.67
PEG 0.01 DPS Growth (%) -48.48
Debt Ratio 30.87 Debt Equity Ratio 0.78
Net Gearing 34.73 Gross Gearing 36.44
Asset Equity Ratio 1.57 Cash Equity Ratio 2.70
Quick Ratio 0.28 Current Ratio 0.30
Price To Book Value 0.43 ROCE -10.80

British Land Company Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total
7.9825p Cancelled 26 Mar 2020 01 May 2020 GBX 0.00
H1 Dividend 02 Jan 2020 07 Feb 2020 GBX 7.98
Q1 Dividend 03 Oct 2019 08 Nov 2019 GBX 7.98
H2 Dividend 27 Jun 2019 02 Aug 2019 GBX 7.75 31.00
Q3 Dividend 28 Mar 2019 03 May 2019 GBX 7.75
H1 Dividend 03 Jan 2019 08 Feb 2019 GBX 7.75
Q1 Dividend 04 Oct 2018 09 Nov 2018 GBX 7.75
H2 Dividend 28 Jun 2018 03 Aug 2018 GBX 7.52 30.08
Q3 Dividend 29 Mar 2018 04 May 2018 GBX 7.52
H1 Dividend 04 Jan 2018 09 Feb 2018 GBX 7.52
Q1 Dividend 05 Oct 2017 10 Nov 2017 GBX 7.52
H2 Dividend 29 Jun 2017 04 Aug 2017 GBX 7.30 29.20
Q3 Dividend 30 Mar 2017 05 May 2017 GBX 7.30
H1 Dividend 05 Jan 2017 10 Feb 2017 GBX 7.30
Q1 Dividend 06 Oct 2016 11 Nov 2016 GBX 7.30
H2 Dividend 30 Jun 2016 05 Aug 2016 GBX 7.09 28.36
Q3 Dividend 31 Mar 2016 06 May 2016 GBX 7.09
H1 Dividend 07 Jan 2016 12 Feb 2016 GBX 7.09
Q1 Dividend 01 Oct 2015 06 Nov 2015 GBX 7.09

British Land Company Company Financials

Assets (£m) 2020 2019 2018
Tangible Assets 8,256 9,004 9,597
Intangible Assets 0 0 0
Investments 2,720 2,866 3,115
Total Fixed Assets 10,976 11,870 12,712
Stocks 20 87 328
Debtors 56 57 35
Cash & Equivalents 193 242 105
Other Assets 0 0 0
Total Assets 11,245 12,256 13,180
Liabilities (£m) 2020 2019 2018
Creditors within 1 year 907 413 373
Creditors after 1 year 3,191 3,154 3,301
Other Liabilities 0 0 0
Total Liabilities 4,098 3,567 3,674
Net assets 7,147 8,689 9,506
Equity (£m) 2020 2019 2018
Called up share capital 234 240 248
Share Premium 1,307 1,302 1,300
Profit / Loss -1,116 -319 501
Other Equity 251 250 246
Preference & Minorities 112 211 254
Total Capital Employed 7,147 8,689 9,506
Ratios 2020 2019 2018
Debt Ratio 30.87 26.63 25.78
Debt-to-Equity 0.78 0.88 0.90
Net Gearing 34.73 27.13 27.08
Gross Gearing 36.44 29.10 27.88
Assets / Equity 1.57 1.41 1.39
Cash / Equity 2.70 2.79 1.11
EPS -110.00 -30.00 48.70
Cash Flow (£m) 2020 2019 2018
Cash from operating activities 375 613 353
Cashflow before financing 14 800 699
Increase in Cash -49 137 -9
Income (£m) 2020 2019 2018
Turnover 613 904 639
Cost of sales 218 0 200
Gross Profit 395 0 439
Operating Profit -1,116 -206 728
Pre-Tax profit -1,116 -319 501
Profit / Loss for the year 234 240 248

British Land Company Company Background

Sector Diversified REITs
Activities British Land Co plc's portfolio of high quality UK commercial property is focused on Retail around the UK and London Offices. It owns or manages a portfolio valued at £16.2 billion (British Land share: £12.3 billion) as at 31 March 2019 making it one of Europe's largest listed real estate investment companies. Its Retail portfolio is focused on Regional and Local multi-let centres, and accounts for 48% of its portfolio. Its Offices portfolio comprises three office-led campuses in central London as well as high quality standalone buildings and accounts for 49% of its portfolio. Increasingly its focus is on providing a mix of uses and this is most evident at Canada Water, its 53 acre redevelopment opportunity where it has plans to create a new neighbourhood for London.
Latest Interim Date 13 Nov 2019
Latest Fiscal Year End Date 27 May 2020

British Land Company Directors

Appointed Director Position
2009-01-12 Christopher Montague Grigg Chief Executive
2018-05-21 Simon Geoffrey Carter Chief Financial Officer
2014-03-20 Timothy Score Non-Executive Chairman
2011-04-11 William Nicholas Jackson Non-Executive Director
2018-01-01 Rebecca Jane Worthington Non-Executive Director
2015-05-13 Laura Katharine Wade-Gery Non-Executive Director
2017-09-01 Preben Prebensen Non-Executive Director
2016-12-19 Sir Nicholas Ian Macpherson Non-Executive Director
2018-01-01 Alastair James Hughes Non-Executive Director
2015-03-20 Prof Lynn Gladden Non-Executive Director

British Land Company Contact Details

Company Name British Land
Company Address York House, 45 Seymour Street, London W1H 7LX.
Company Telephone +44 (0)20 7486 4466
Company Website http://www.britishland.co.uk/

British Land Company Advisors

Auditor Name PricewaterhouseCoopers LLP
Auditor Address 1 Embankment Place, London WC2N 6RH.
Auditor Website http://www.pwc.co.uk/
Auditor Telephone +44(0) 20 7583 5000
Registrar Name Equiniti
Registrar Address Aspect House, Spencer Road, Lancing, West Sussex BN99 6DA.
Registrar Website http://www.equiniti.com/
Registrar Telephone 0871 384 2030
Broker Name UBS Investment Bank
Broker Address 1 Finsbury Avenue, London EC2M 2PP.
Broker Website http://www.ibb.ubs.com/
Broker Telephone +44 (0)20 7567 8000
Adviser Name UBS Investment Bank
Adviser Address 1 Finsbury Avenue, London EC2M 2PP.
Adviser Website http://www.ibb.ubs.com/
Adviser Telephone +44 (0)20 7567 8000
Solicitor Name S J Berwin LLP
Solicitor Address 10 Queen Street Place, London EC4R 1BE.
Solicitor Website http://www.sjberwin.com/
Solicitor Telephone +44 (0)20 7111 2222
Stockbroker Name Morgan Stanley Securities
Stockbroker Address 25 Cabot Square, Canary Wharf, London E14 4QA.
Stockbroker Website http://www.morganstanley.com/
Stockbroker Telephone +44 (0)20 7425 8000