DULWICH COLLEGE
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Next accounts due
2027-04-30 (in 11mo)
Last filed for 2025-07-31
Confirmation statement due
2026-08-11 (in 3mo)
Last made up 2025-07-28
Watchouts
None on the register
Cash
£15M
-9.8% vs 2024
Net assets
£147M
+3% vs 2024
Employees
639
+1.6% vs 2024
Profit before tax
£761K
-98% vs 2024
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-07-31
| Metric | Trend | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Turnover | £40,512,000 | £41,828,000 | |
| Operating profit | £4,557,000 | £777,000 | |
| Profit before tax | £37,482,000 | £761,000 | |
| Net profit | £37,482,000 | £761,000 | |
| Cash | £17,012,000 | £15,351,000 | |
| Total assets less current liabilities | £156,309,000 | £155,867,000 | |
| Net assets | £142,577,000 | £146,902,000 | |
| Equity | £142,577,000 | £146,902,000 | |
| Average employees | 629 | 639 | |
| Wages | £25,236,000 | £28,189,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Operating margin | 11.2% | 1.9% | |
| Net margin | 92.5% | 1.8% | |
| Return on capital employed | 2.9% | 0.5% | |
| Gearing (liabilities / total assets) | 15.8% | 11.9% | |
| Current ratio | 1.39x | 1.87x | |
| Interest cover | 6.66x | 1.19x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- HaysMac LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Governors consider that there are no material uncertainties which would cast doubt on the College's ability to continue as a going concern.”
Group structure
- DULWICH COLLEGE · parent
- Dulwich College Trust 100%
- Dulwich College Awards Fund 100%
- Dulwich College Enterprises Limited 100%
- Dulwich College Enterprises Overseas Limited 100%
Significant events
- “On 12 November 2024, DCEO completed the sale of most of its unlisted investment in Dulwich College Management International ("DCMI"), generating net proceeds after related costs, of USD$41m (£32m).”
- “The funds generated from the sale of DCMI allowed the College to repay external loans of £3.6m and an internal £11.4m inter-fund loan, thereby reducing leverage significantly.”
- “The active members of the London Pensions Partnership pension scheme accepted the College's proposal to leave the scheme on 31 December 2024 and to participate in alternative pension arrangements. This initiative has removed the pension deficit permanently from its balance sheet and avoids a significant potential liability arising in the future.”
- “In May 2024, DCMI announced its plan to establish a Dulwich College International School in Bangkok, Thailand, targeted to open in August 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
14 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BINKA, Fred Dzidzor | Director | 2021-08-01 | Nov 1978 | British |
| CARR, Adrian James | Director | 2019-08-01 | Jan 1962 | British |
| CHRISTAKIS, Kirsty Andrea Jane | Director | 2021-08-01 | Sep 1972 | British |
| DEAN, Benjamin | Director | 2021-08-01 | Jul 1981 | British |
| ELBORN, Keri John | Director | 2019-08-01 | Sep 1970 | British |
| FOWLER, Karen Mary | Director | 2019-01-01 | Jan 1952 | British |
| HANNA, Randa | Director | 2018-08-01 | Dec 1967 | British |
| KENNEDY, Fionnuala | Director | 2025-08-01 | Nov 1980 | British |
| KERR, Howard Robert | Director | 2019-08-01 | Mar 1959 | British |
| PARFITT, David John | Director | 2018-01-01 | Jul 1958 | British |
| PETHYBRIDGE, Timothy John | Director | 2015-12-01 | Feb 1952 | British |
| POLLI, Catherine Helen | Director | 2019-08-01 | Dec 1972 | British |
| RAMADHAN, Malik Jonathan Khatib, Dr | Director | 2019-08-01 | Jan 1974 | British |
| TEYTELBOYM, Alexander, Dr | Director | 2023-08-01 | Apr 1987 | British,Russian |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAZALGETTE, Vivian Paul | Director | 2012-09-10 | 2015-07-31 |
| BENDER, Brian Geoffrey, Sir | Director | 2012-09-10 | 2019-07-31 |
| BISHOP, Irene, Dr | Director | 2012-09-10 | 2024-07-31 |
| FLIND, Victoria Caroline | Director | 2012-09-10 | 2019-07-31 |
| FOSTER, Richard John | Director | 2012-09-10 | 2018-12-31 |
| GHOSH, Surojit | Director | 2012-09-10 | 2021-07-31 |
| HILL, Jayne Margaret | Director | 2012-09-10 | 2021-07-31 |
| HOGARTH, Peter Laurence | Director | 2012-09-10 | 2017-01-31 |
| KÖTTERING, Andreas Hermann, Dr | Director | 2013-04-01 | 2019-12-31 |
| LOVERING, John David | Director | 2012-09-10 | 2017-07-31 |
| PARISH, Richard John, Professor | Director | 2016-11-01 | 2020-10-14 |
| RIDDELL, Peter John Robert, Sir | Director | 2012-09-10 | 2021-07-31 |
| TAYLOR, Simon Anthony | Director | 2012-09-10 | 2013-03-31 |
| THOMPSON, Peter Melville | Director | 2013-04-01 | 2018-12-31 |
| TURNBULL, Andrew, Lord | Director | 2012-09-10 | 2015-07-31 |
| WARD, Graham Norman Charles | Director | 2012-09-10 | 2019-07-31 |
| WEATHERHEAD, Nicola Joanna | Director | 2023-08-01 | 2025-08-10 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 70 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-04 | AA | accounts | Accounts with accounts type group | |
| 2025-10-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-28 | AA | accounts | Accounts with accounts type group | |
| 2024-12-17 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2024-09-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-11 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-27 | AA | accounts | Accounts with accounts type group | |
| 2023-09-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-22 | AA | accounts | Accounts with accounts type group | |
| 2022-09-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-08 | AA | accounts | Accounts with accounts type group | |
| 2021-09-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-09 | AP01 | officers | Appoint person director company with name date | |
| 2021-08-05 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-07-31 vs 2024-07-31
-
Turnover
+3.2%
£40,512,000 £41,828,000
-
Cash
-9.8%
£17,012,000 £15,351,000
-
Net assets
+3%
£142,577,000 £146,902,000
-
Employees
+1.6%
629 639
-
Operating profit
-82.9%
£4,557,000 £777,000
-
Profit before tax
-98%
£37,482,000 £761,000
-
Wages
+11.7%
£25,236,000 £28,189,000
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