DOWNING PROPERTY MANAGEMENT LIMITED

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

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 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 company will have sufficient funds to meet its liabilities as they fall due for that period. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “The Company recorded a positive outcome for the year, consistent with previous years. By year-end, the Company was managing 15 sites with a total of 6,401 beds. During the year, it took on the management of Acer, Phase 1 of a new residential co-living development, Square Gardens, located at First Street, Manchester, comprising 1,187 beds. Following the year-end, The Fernley, Phase 2 became operational in June 2025 and was taken under management.”
• “On 11 March 2025 a charge was granted in favour of Trimont Europe Limited as Security Trustee for the Secured Parties. This contains a fixed charged with a negative pledge.”
• “On 10 March 2025 a charge was granted in favour of Trimont Europe Limited as Security Trustee for the Secured Parties. This contains a fixed charged with a negative pledge.”
• “On 13 December 2024 a charge was granted in favour of Trimont Europe Limited. This contains a fixed charged with a negative pledge.”

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

  +8.4%

  £2,116,561 → £2,293,761

• Cash

  -27.8%

  £12,735,011 → £9,190,985

• Net assets

  +7.2%

  £2,042,476 → £2,190,458

• Employees

  -3.1%

  65 → 63

• Operating profit

  -34.4%

  £221,992 → £145,588

• Profit before tax

  -47.4%

  £375,236 → £197,470

• Wages

  +1.5%

  £1,914,105 → £1,942,075

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