UNIVERSITY OF DERBY

• ◆

  4 officer resignations in last 12 months

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

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

Consolidated group

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At last year end, the Group required a waiver from its lenders in respect of a forecast breach of its Debt Service covenant at 31 July 2025. Those waivers were obtained, and the Group has continued to operate within the terms of its financing arrangements. During the year, the Group's DSRL subsidiary repaid its loan, and following implementation of the University's transformation plan and agreement amendments with the remaining lenders, the Group considers there to be adequate headroom from the Debt Service covenant throughout the going concern period, and therefore a waiver for July 2026 is not required. In line with last year's position, all other covenants are forecast to be met with substantial headroom.”

Group structure

1. UNIVERSITY OF DERBY · parent
   1. Derbyshire Student Residences Limited · England and Wales · Letting of residential accommodation to students
   2. University of Derby Theatre Limited · England and Wales · Provision of teaching facilities and theatre management
   3. In Good Company Limited · England and Wales · Charity working on Arts Projects with young Artists
   4. University of Derby FE · England and Wales · Not trading
   5. Derby University Enterprises Limited 100% · England and Wales · Not trading
   6. University of Derby (Holdings) Limited 100% · England and Wales · Not trading

Significant events

• “During the year, the University agreed the disposal, effective 1 August 2025, of its Leek campus.”
• “The property was disposed on 1 August 2025 at a nil profit or loss on disposal.”
• “Also during the year, the Group's subsidiary Derbyshire Student Residences Limited agreed the disposal, effective 2 September 2025, of its Laverstoke House property.”
• “This resulted in a loss on investment properties in the Statement of Comprehensive Income and Expenditure.”

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

Filings

18

last 12 months

Capital events

0

last 24 months

Officers appointed

8

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  -6.7%

  £219,089,000 → £204,365,000

• Cash

  -23.7%

  £98,766,000 → £75,387,000

• Net assets

  -9.5%

  £516,607,000 → £467,312,000

• Employees

  -3.1%

  2,882 → 2,794

• Operating profit

  -2,734.3%

  -£761,000 → -£21,569,000

• Wages

  +4.6%

  £91,919,000 → £96,147,000

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