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Registration number: 01500648

Thomson Legal & Professional Group Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2025

 

Thomson Legal & Professional Group Limited

Contents

Page(s)

Directors' Report

1

Balance Sheet

2

Notes to the Financial Statements

3 to 5

 

Thomson Legal & Professional Group Limited

Directors' Report for the Year Ended 31 December 2025

The Directors present their report and the financial statements for the year ended 31 December 2025.

Directors of the Company

The Directors who held office during the year were as follows:

W.D. Rowell

K. Major

B.A. Boateng (resigned 20 August 2025)

Important non adjusting events after the financial period

On 22 April 2026, the Company reduced its share capital by way of reducing the nominal value of each ordinary share held from £1.00 to £0.00001 such that the share capital is reduced by £ 2,987,282 and Share Premium Reserve reduced by £195,042,346. As a result of this step, Profit and Loss account is increased by £198,029,628.

On 22 July 2026, the Company received a final dividend of £12,974,751.35 from its wholly owned subsidiary, International Thomson Publishing Limited.

On 22 July 2026, the Company declared and paid a final dividend of £390,357,975.77 to its immediate parent undertaking, Thomson Business Information Holdings Limited.

As part of a wider group reorganisation, the Company and its subsidiary International Thomson Publishing Limited are to be dissolved by way of strike off in a bottom-up sequence. On 21 July 2026 the directors resolved to apply for the Company to be struck off the register pursuant to section 1003 of the Companies Act 2006, following completion of the formalities and confirmation that the Company's direct subsidiary has been dissolved and removed from the register. The directors have accordingly prepared these financial statements on a basis other than going concern (see note 2).

Approved by the Board on 2 September 2026 and signed on its behalf by:

.........................................
K. Major
Director

 

Thomson Legal & Professional Group Limited

(Registration number: 01500648)
Balance Sheet as at 31 December 2025

Note

2025
£

2024
£

Fixed assets

 

Investments

3

8,273,550

8,273,550

Current assets

 

Debtors: amounts falling due within one year

4

377,976,030

377,976,030

Creditors: amounts falling due within one year

5

(592,603)

(592,603)

Net current assets

 

377,383,427

377,383,427

Net assets

 

385,656,977

385,656,977

Capital and reserves

 

Called up share capital

6

2,987,312

2,987,312

Share premium reserve

195,042,346

195,042,346

Profit and loss account

187,627,319

187,627,319

Total equity

 

385,656,977

385,656,977

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 2 September 2026 and signed on its behalf by:
 

.........................................

K. Major
Director

 

Thomson Legal & Professional Group Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

1

General information

The Company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Five Canada Square
Canary Wharf
London
E14 5AQ
United Kingdom

2

Accounting policies

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These financial statements are prepared on a basis other than going concern, under the historical cost convention, and in accordance with the Companies Act 2006 and applicable accounting standards in the United Kingdom.

Trading Status
The Company has not traded during the year or the previous year, has incurred no liabilities and consequently, has made neither profit nor loss. None of the Directors received any emoluments in respect of their services to the Company.

Going Concern
As explained in the Directors’ Report and in the note on non-adjusting events after the financial period, following the year end the Company resolved, as part of a group reorganisation, to apply to be struck off the register. As the Company will in due course cease to exist, the directors have concluded that it is not appropriate to prepare these financial statements on a going concern basis. The financial statements have therefore been prepared on a basis other than going concern. No adjustments to the carrying amounts of assets or liabilities have been required, as the Company’s assets and liabilities are already recorded at the amounts expected to be realised or settled

Fixed asset investments
Fixed asset investments are stated at historical cost less provision for any diminution in value.

3

Investments

Subsidiaries

£

Cost or valuation

At 1 January 2025

8,273,550

At 31 December 2025

8,273,550

At 31 December 2024

8,273,550

 

Thomson Legal & Professional Group Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

The Directors are of the opinion that the value of the Company's investments is not less than the value of which it is stated in the Balance Sheet as at 31 December 2025.

Details of undertakings

Details of the investments in which the Company holds direct investment in any class of share capital are as follows:

Name of subsidiary

Country of incorporation and principal place of business

Principal activity

Proportion of ownership interest and voting rights held

     

2025

2024

Subsidiary undertakings

International Thomson Publishing Limited

Five Canada Square, Canary Wharf, London, E14 5AQ, United Kingdom

Dormant

100%

100%

4

Debtors: amounts falling due within one year

2025
£

2024
£

Amounts owed by fellow group undertakings

377,976,030

377,976,030

377,976,030

377,976,030

Amounts owed by fellow group undertakings are unsecured, non-interest bearing and repayable on demand.

5

Creditors: amounts falling due within one year

2025
£

2024
£

Amounts owed to fellow group undertakings

592,603

592,603

Amounts owed to fellow group undertakings are unsecured, non-interest bearing and repayable on demand.

6

Called up Share capital

Allotted, called up and fully paid shares

 

2025

2024

 

No.

£

No.

£

Ordinary shares of £1 each

2,987,312

2,987,312

2,987,312

2,987,312

         
 

Thomson Legal & Professional Group Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

7

Parent and ultimate parent undertaking

The Company's immediate parent is Thomson Business Information Holdings Limited, incorporated in United Kingdom.

 The ultimate parent is Thomson Investments Limited, incorporated in Canada.

 The most senior parent entity producing publicly available financial statements is Thomson Reuters Corporation. These financial statements are available upon request from Five Canada Square, Canary Wharf, London, E14 5AQ, United Kingdom and online at www.thomsonreuters.com.

The parent of the largest group in which these financial statements are consolidated is Thomson Reuters Corporation, incorporated in Canada.

8

Non adjusting events after the financial period

On 22 April 2026, the Company reduced its share capital by way of reducing the nominal value of each ordinary share held from £1.00 to £0.00001 such that the share capital is reduced by £ 2,987,282 and Share Premium Reserve reduced by £195,042,346. As a result of this step, Profit and Loss account is increased by £198,029,628.

On 22 July 2026, the Company received a final dividend of £12,974,751.35 from its wholly owned subsidiary, International Thomson Publishing Limited.

On 22 July 2026, the Company declared and paid a final dividend of £390,357,975.77 to its immediate parent undertaking, Thomson Business Information Holdings Limited.

As part of a wider group reorganisation, the Company and its subsidiary International Thomson Publishing Limited are to be dissolved by way of strike off in a bottom-up sequence. On 21 July 2026 the directors resolved to apply for the Company to be struck off the register pursuant to section 1003 of the Companies Act 2006, following completion of the formalities and confirmation that the Company's direct subsidiary has been dissolved and removed from the register. The directors have accordingly prepared these financial statements on a basis other than going concern (see note 2).