POPULO DESIGN AND BUILD LIMITED

1. POPULO DESIGN AND BUILD LIMITED 2020-06-20 → present
2. RDV DESIGN AND BUILD LIMITED 2015-06-17 → 2020-06-20

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 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have made an assessment of the company's ability to continue as a going concern and are satisfied that the company has the resources to continue in business over the next 12 months, with a pipeline of work on schemes for LBN. The analysis shows the charge for DMS services covers the operating costs and associated overhead. For these reasons Populo Design and Build continues to adopt the going concern in the financial statements.”

Significant events

• “Populo Design and Build ("D&B") is a wholly owned subsidiary of Populo Living Limited ("PL"). D&B exists to provide a design and build service to PL and development management services to The London Borough of Newham ("LBN"), the overall Group parent.”
• “During the year, turnover decreased to £3.4m (2023/24: £19.0m) as D&B increasingly moves to providing development management services for London Borough of Newham rather than direct development of properties for Populo Living.”
• “Cost of sales amounted to £1.3m in the year (2023/24: £19.8m), which generated a gross profit of £2.0m (2023/24 loss of £0.8m). Overall, the business made a profit for the year of £0.7m (2023/24: loss of £0.9m).”
• “D&B completed 75 homes plus a new health centre at the Hartley site in East Ham during summer 2024 but due to Town Planning and Vacant Possession delays D&B was unable to commence building any new homes this financial year.”

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

Filings

17

last 12 months

Capital events

0

last 24 months

Officers appointed

5

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -82.3%

  £18,988,964 → £3,361,208

• Cash

  +34.3%

  £1,209,080 → £1,624,329

• Net assets

  +12%

  £6,112,254 → £6,844,324

• Employees

  -4.3%

  23 → 22

• Operating profit

  +177.5%

  -£904,976 → £701,090

• Profit before tax

  +183.8%

  -£878,309 → £736,419

• Wages

  +20.9%

  £1,640,146 → £1,983,468

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