DERWENT LONDON PLC

1. DERWENT LONDON PLC 2007-01-30 → present
2. DERWENT VALLEY HOLDINGS PUBLIC LIMITED COMPANY. 1984-06-25 → 2007-01-30
3. JORDANS 172 PUBLIC LIMITED COMPANY 1984-05-25 → 1984-06-25

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

IFRS

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Under provision 30 of the Code, the Board is required to state whether they believe the Company will continue to adopt the going concern basis of accounting in the preparation of our financial statements and that the Company is a going concern for the short-term and at least the next 12 months to March 2026. The Group is in strong financial position as at 31 December 2024: £487m of undrawn facilities and cash (2023: £466m); EPRA loan-to-value of 29.9%; an overall cost of debt with a weighted average interest rate of 3.53%; 88.3% of our borrowings either fixed or hedged; significant headroom on our financial covenants; and strong interest cover of 3.86x.”

Group structure

1. DERWENT LONDON PLC · parent
   1. Derwent London BH Limited 100% · UK · Property Investment
   2. Derwent London West End Limited 100% · UK · Property Investment
   3. Derwent London AD Limited 100% · UK · Dormant
   4. Derwent London Baker Street Limited Partnership 50% · UK · Property Investment
   5. Derwent London Capital No. 1 Limited 100% · Jersey · Dormant

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

Filings

6

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +4.1%

  £265,900,000 → £276,900,000

• Cash

  -2.2%

  £73,000,000 → £71,400,000

• Net assets

  +0.9%

  £3,508,800,000 → £3,539,800,000

• Employees

  +3.9%

  178 → 185

• Operating profit

  +137.9%

  -£425,500,000 → £161,300,000

• Profit before tax

  +124.4%

  -£475,900,000 → £116,000,000

• Wages

  +4.7%

  £19,300,000 → £20,200,000

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