DOWNING PROPERTY SERVICES LIMITED

1. DOWNING PROPERTY SERVICES LIMITED 2002-08-12 → present
2. FELTRAY LIMITED 2002-07-26 → 2002-08-12

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the group and company has adequate resources to continue in operational existence for the foreseeable future. The directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements. The forecasts indicate that, taking account of reasonably possible downsides, the Group will have sufficient funds to meet its liabilities as it fall due for that period. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. DOWNING PROPERTY SERVICES LIMITED · parent
   1. Downing Business Information Consulting (Chengdu) Co Ltd, 100% · China · Marketing

Significant events

• “Asset management fees also saw a reduction this year, largely because there were no fees from Miles Lambeth and Meadows, which were sold in October 2023 and February 2024, respectively.”
• “Since the introduction of the Building Safety Act in 2022 and the subsequent gateway procedures, the pace of new development projects has slowed which will be reflected by the loss in this stream of income of employer agents fees.”
• “Post year end, Downing Business Information Consulting (Chengdu) Co Ltd changed its name. The previous name was Downing Consulting Services (Beijing) Co. Ltd.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +2.4%

  £8,127,590 → £8,324,076

• Cash

  +1.9%

  £8,271,452 → £8,428,837

• Net assets

  +1.7%

  £8,611,318 → £8,761,096

• Employees

  +13.6%

  66 → 75

• Operating profit

  -79.2%

  £798,197 → £165,781

• Profit before tax

  -66.5%

  £863,931 → £289,822

• Wages

  +2.8%

  £4,279,191 → £4,399,172

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