WILLIAM DAVIS LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. WILLIAM DAVIS LIMITED 1980-12-31 → present
2. WILLIAM DAVIS & COMPANY (LEICESTER) LIMITED 1949-05-12 → 1980-12-31

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In all scenarios, including the reasonable worst-case, the company is able to operate within its existing facilities and meet its liabilities as they fall due. The directors therefore believe that the group is well placed to manage its financing and other business risks satisfactorily and has adequate resources to meet its future needs. The company therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. WILLIAM DAVIS LIMITED · parent
   1. Davis (Westbridge) Limited 100% · United Kingdom
   2. Heatherton Developments Limited 100% · United Kingdom
   3. Waterworks Road Housing Development LLP 50% · United Kingdom

Significant events

• “The year to May 2025 was a challenging year with uncertainty across the sector and higher interest rates having a negative impact on demand.”
• “During the year completions of private homes has increased to 258 (2024: 216) partly offset by lower sales of affordable homes of 68 (2024: 120).”
• “Net assets are £147,194,000 as at 31 May 2025 (2024: £148,942,000).”
• “The company had legal completions across 11 (2024: 12) active sites in the year and continued to invest in strategic land opportunities to deliver future sites and growth.”
• “The company has retained its Home Builders Federation 5 Star status for the tenth consecutive year in a row.”
• “The company closed the financial year with cash reserves of £8,611,000 (2024: £12,115,000).”
• “Subsequent to the year end, in October 2025, the company paid dividends totaling £1,719,000.”
• “Post year end the group has legally completed on the purchase of a new site in Sapcote, Leicestershire and we expect to open 3 sales outlets in the year to May 2026.”
• “On 16 March 2023 the parent company signed an industry pledge on building safety (the "Pledge") aligned to its belief that leaseholders should not have to pay for necessary remediation work caused by the design, construction or refurbishment of buildings.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +0.9%

  £109,183,000 → £110,151,000

• Cash

  -28.9%

  £12,115,000 → £8,611,000

• Net assets

  -1.2%

  £148,942,000 → £147,194,000

• Employees

  -5.1%

  292 → 277

• Operating profit

  -12%

  £2,667,000 → £2,346,000

• Profit before tax

  -6%

  £2,019,000 → £1,897,000

• Wages

  +2.4%

  £12,732,000 → £13,037,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers