DOWNING CONSTRUCTION LTD

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

“The financial statements have been prepared on a going concern basis. The directors consider the going concern basis of preparation to be appropriate as the group has access to adequate financial resources to continue in operational existence for at least 12 months from the date of approval of the financial statements by meeting its liabilities as they fall due for payment.”

Group structure

1. DOWNING CONSTRUCTION LTD · parent
   1. George Downing Construction Ltd. 100% · England · Construction

Significant events

• “Subsequent to the reporting date, additional information came to light relating to further remediation works at some sites. As these conditions existed at the balance sheet date this has been treated as an adjusting event and led to an increase of £1.57m in the provision, the adjustment has been reflected in the balance sheet in line with FRS 102 requirements.”

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

1

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

  -38.1%

  £107,192,377 → £66,358,219

• Cash

  -39.1%

  £21,849,687 → £13,311,279

• Net assets

  -41.5%

  -£5,228,329 → -£7,395,999

• Employees

  +12.8%

  39 → 44

• Operating profit

  -47.9%

  -£6,193,912 → -£9,159,900

• Profit before tax

  -50%

  -£5,776,610 → -£8,667,670

• Wages

  +31%

  £2,763,107 → £3,619,434

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