The Leicestershire and Derbyshire (Prince Albert's Own) Yeomanry was formed in 1957 as a regiment of the British Army.

Its lineage is maintained by the E (Leicestershire and Derbyshire Yeomanry) Squadron of that regiment.

[2] The cadre paraded its Guidon at Catterick Garrison later that year and was expanded to squadron strength as the Leicestershire and Derbyshire (Prince Albert's Own) Yeomanry Squadron, 7th Battalion, the Royal Anglian Regiment in 1971.

[2] The squadron was re-designated a company in 1975 and the company was split into two parts in 1978:[2] Theses units were re-designated respectively in 1992:[2] The Royal Anglian company converted to become 158th (Royal Anglian) Transport Regiment of the Royal Logistic Corps in 1996, and ceased to maintain its yeomanry lineage.

[3] It now uses the Land Rover RWMIK and operates in a light armoured reconnaissance role.