dorrington london flats limited Company Information
Company Number
00335956
Next Accounts
Sep 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
dorrington investment plc
Group Structure
View All
Contact
Registered Address
16 hans road, london, SW3 1RT
Website
www.dorrington.co.ukdorrington london flats limited Estimated Valuation
Pomanda estimates the enterprise value of DORRINGTON LONDON FLATS LIMITED at £39.9m based on a Turnover of £12.2m and 3.27x industry multiple (adjusted for size and gross margin).
dorrington london flats limited Estimated Valuation
Pomanda estimates the enterprise value of DORRINGTON LONDON FLATS LIMITED at £0 based on an EBITDA of £-10.4m and a 6.47x industry multiple (adjusted for size and gross margin).
dorrington london flats limited Estimated Valuation
Pomanda estimates the enterprise value of DORRINGTON LONDON FLATS LIMITED at £4.2m based on Net Assets of £2.4m and 1.71x industry multiple (adjusted for liquidity).
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Dorrington London Flats Limited Overview
Dorrington London Flats Limited is a live company located in london, SW3 1RT with a Companies House number of 00335956. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 1938, it's largest shareholder is dorrington investment plc with a 100% stake. Dorrington London Flats Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12.2m with high growth in recent years.
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Dorrington London Flats Limited Health Check
Pomanda's financial health check has awarded Dorrington London Flats Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £12.2m, make it larger than the average company (£1.1m)
£12.2m - Dorrington London Flats Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (3.6%)
19% - Dorrington London Flats Limited
3.6% - Industry AVG
Production
with a gross margin of 33.4%, this company has a higher cost of product (70.8%)
33.4% - Dorrington London Flats Limited
70.8% - Industry AVG
Profitability
an operating margin of -85% make it less profitable than the average company (21.5%)
-85% - Dorrington London Flats Limited
21.5% - Industry AVG
Employees
with 61 employees, this is above the industry average (4)
- Dorrington London Flats Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Dorrington London Flats Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £199.7k, this is equally as efficient (£201.3k)
- Dorrington London Flats Limited
£201.3k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (33 days)
6 days - Dorrington London Flats Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (35 days)
0 days - Dorrington London Flats Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 326 days, this is more than average (53 days)
326 days - Dorrington London Flats Limited
53 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Dorrington London Flats Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.8%, this is a higher level of debt than the average (71.2%)
98.8% - Dorrington London Flats Limited
71.2% - Industry AVG
DORRINGTON LONDON FLATS LIMITED financials
Dorrington London Flats Limited's latest turnover from December 2023 is £12.2 million and the company has net assets of £2.4 million. According to their latest financial statements, we estimate that Dorrington London Flats Limited has 61 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 12,184,488 | 8,223,282 | 7,237,366 | 7,302,389 | 7,323,056 | 5,657,238 | 4,547,566 | 5,177,611 | 5,164,920 | 4,201,504 | 3,944,305 | 3,550,794 | 3,163,785 | 3,053,487 | 3,123,172 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 8,121,038 | 4,497,188 | 3,183,094 | 2,986,741 | 3,079,922 | 2,712,351 | 2,449,312 | 2,642,886 | 2,438,060 | 2,085,585 | 2,350,208 | 1,736,066 | 1,397,837 | 1,178,845 | 1,336,532 |
Gross Profit | 4,063,450 | 3,726,094 | 4,054,272 | 4,315,648 | 4,243,134 | 2,944,887 | 2,098,254 | 2,534,725 | 2,726,860 | 2,115,919 | 1,594,097 | 1,814,728 | 1,765,948 | 1,874,642 | 1,786,640 |
Admin Expenses | 14,419,327 | 497,185 | -2,877,653 | 5,517,788 | -845,575 | 8,288,969 | 3,125,781 | -3,546,360 | -9,483,333 | -11,067,842 | 3,600 | 3,680 | 20,549 | 3,654 | 3,375 |
Operating Profit | -10,355,877 | 3,228,909 | 6,931,925 | -1,202,140 | 5,088,709 | -5,344,082 | -1,027,527 | 6,081,085 | 12,210,193 | 13,183,761 | 1,590,497 | 1,811,048 | 1,745,399 | 1,870,988 | 1,783,265 |
Interest Payable | 4,652,068 | 6,200,580 | 3,768,387 | 4,088,464 | 5,047,248 | 3,145,049 | 1,691,517 | 1,999,207 | 2,412,670 | 1,983,292 | 1,883,649 | 1,612,717 | 1,458,640 | 1,562,226 | 906,318 |
Interest Receivable | 34,343 | 3,180 | 89 | 497 | 2,389 | 868 | 28 | 136 | 140 | 170 | 249 | 44 | 32 | 49 | 958 |
Pre-Tax Profit | -14,973,602 | -2,968,491 | 3,163,627 | -5,290,107 | 43,850 | -8,488,263 | -2,719,016 | 4,082,014 | 9,797,663 | 11,200,639 | -76,456 | 612,681 | 782,837 | 1,230,321 | 1,155,433 |
Tax | 3,302,504 | 434,076 | -577,151 | 899,830 | -51,175 | 1,415,814 | 433,547 | 311,767 | -1,127,928 | -1,754,718 | 33,771 | -134,943 | -142,595 | -257,323 | -301,871 |
Profit After Tax | -11,671,098 | -2,534,415 | 2,586,476 | -4,390,277 | -7,325 | -7,072,449 | -2,285,469 | 4,393,781 | 8,669,735 | 9,445,921 | -42,685 | 477,738 | 640,242 | 972,998 | 853,562 |
Dividends Paid | 2,000,000 | 3,000,000 | 1,000,000 | 1,000,000 | 0 | 2,000,000 | 1,000,000 | 2,000,000 | 0 | 0 | 1,750,000 | 0 | 0 | 0 | 0 |
Retained Profit | -13,671,098 | -5,534,415 | 1,586,476 | -5,390,277 | -7,325 | -9,072,449 | -3,285,469 | 2,393,781 | 8,669,735 | 9,445,921 | -1,792,685 | 477,738 | 640,242 | 972,998 | 853,562 |
Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Number Of Employees | 8 | 8 | 8 | 8 | 8 | ||||||||||
EBITDA* | -10,355,877 | 3,228,909 | 6,931,925 | -1,202,140 | 5,088,709 | -5,344,082 | -1,027,527 | 6,081,085 | 12,210,193 | 13,183,761 | 1,590,497 | 1,811,048 | 1,745,399 | 1,870,988 | 1,783,265 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 183,324,249 | 190,996,290 | 197,018,178 | 205,808,848 | 215,606,052 | 214,200,891 | 124,885,500 | 109,191,741 | 153,771,962 | 99,292,014 | 88,806,053 | 67,648,813 | 63,567,887 | 56,689,244 | 55,681,661 |
Debtors (Due After 1 year) | 3,224,399 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 186,548,648 | 190,996,290 | 197,018,178 | 205,808,848 | 215,606,052 | 214,200,891 | 124,885,500 | 109,191,741 | 153,771,962 | 99,292,014 | 88,806,053 | 67,648,813 | 63,567,887 | 56,689,244 | 55,681,661 |
Stock & work in progress | 7,274,602 | 12,111,069 | 6,826,614 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 217,673 | 395,491 | 305,530 | 305,463 | 372,434 | 90,106 | 41,680 | 86,021 | 17,414 | 68,993 | 343,250 | 279,457 | 338,539 | 350,494 | 302,366 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 288,306 | 225,466 | 225,776 | 111,018 | 108,587 | 89,139 | 76,450 | 70,964 | 59,384 | 44,349 | 20,464 | 29,926 | 55,414 | 56,022 | 78,222 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 7,780,581 | 12,732,026 | 7,357,920 | 416,481 | 481,021 | 179,245 | 118,130 | 156,985 | 76,798 | 113,342 | 363,714 | 309,383 | 393,953 | 406,516 | 380,588 |
total assets | 194,329,229 | 203,728,316 | 204,376,098 | 206,225,329 | 216,087,073 | 214,380,136 | 125,003,630 | 109,348,726 | 153,848,760 | 99,405,356 | 89,169,767 | 67,958,196 | 63,961,840 | 57,095,760 | 56,062,249 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 3,228 | 54,111 | 29,820 | 2,103 | 100,406 | 22,545 | 5,185 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 287,918 | 174,080 | 182,207 | 71,685 | 112,709 | 377,744 | 213,592 | 97,295 | 729,181 | 215,757 | 261,395 | 307,923 | 238,775 | 190,387 | 240,611 |
total current liabilities | 291,146 | 228,191 | 212,027 | 73,788 | 213,115 | 400,289 | 218,777 | 97,295 | 729,181 | 215,757 | 261,395 | 307,923 | 238,775 | 190,387 | 240,611 |
loans | 191,599,684 | 187,231,356 | 182,178,536 | 183,635,140 | 186,617,214 | 184,730,018 | 85,024,258 | 65,632,132 | 111,346,811 | 67,095,290 | 67,878,435 | 54,810,947 | 54,915,537 | 51,656,712 | 54,980,668 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 159,272 | 341,623 | 217,435 | 1,567,501 | 1,553,261 | 2,991,578 | 3,564,813 | 4,112,063 | 3,103,339 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 191,599,684 | 187,390,628 | 182,520,159 | 183,852,575 | 188,184,715 | 186,283,279 | 88,015,836 | 69,196,945 | 115,458,874 | 70,198,629 | 67,878,435 | 54,810,947 | 54,915,537 | 51,656,712 | 54,980,668 |
total liabilities | 191,890,830 | 187,618,819 | 182,732,186 | 183,926,363 | 188,397,830 | 186,683,568 | 88,234,613 | 69,294,240 | 116,188,055 | 70,414,386 | 68,139,830 | 55,118,870 | 55,154,312 | 51,847,099 | 55,221,279 |
net assets | 2,438,399 | 16,109,497 | 21,643,912 | 22,298,966 | 27,689,243 | 27,696,568 | 36,769,017 | 40,054,486 | 37,660,705 | 28,990,970 | 21,029,937 | 12,839,326 | 8,807,528 | 5,248,661 | 840,970 |
total shareholders funds | 2,438,399 | 16,109,497 | 21,643,912 | 22,298,966 | 27,689,243 | 27,696,568 | 36,769,017 | 40,054,486 | 37,660,705 | 28,990,970 | 21,029,937 | 12,839,326 | 8,807,528 | 5,248,661 | 840,970 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | -10,355,877 | 3,228,909 | 6,931,925 | -1,202,140 | 5,088,709 | -5,344,082 | -1,027,527 | 6,081,085 | 12,210,193 | 13,183,761 | 1,590,497 | 1,811,048 | 1,745,399 | 1,870,988 | 1,783,265 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 3,302,504 | 434,076 | -577,151 | 899,830 | -51,175 | 1,415,814 | 433,547 | 311,767 | -1,127,928 | -1,754,718 | 33,771 | -134,943 | -142,595 | -257,323 | -301,871 |
Stock | -4,836,467 | 5,284,455 | 6,826,614 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 3,109,421 | 89,651 | 114,825 | -64,540 | 301,776 | 61,115 | -38,855 | 80,187 | -36,544 | -250,372 | 54,331 | -84,570 | -12,563 | 25,928 | 380,588 |
Creditors | -50,883 | 24,291 | 27,717 | -98,303 | 77,861 | 17,360 | 5,185 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 113,838 | -8,127 | 110,522 | -41,024 | -265,035 | 164,152 | 116,297 | -631,886 | 513,424 | -45,638 | -46,528 | 69,148 | 48,388 | -50,224 | 240,611 |
Deferred Taxes & Provisions | -159,272 | -182,351 | 124,188 | -1,350,066 | 14,240 | -1,438,317 | -573,235 | -547,250 | 1,008,724 | 3,103,339 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -5,422,644 | -1,877,308 | -324,238 | -1,727,163 | 4,562,824 | -5,246,188 | -1,006,878 | 5,133,529 | 12,640,957 | 14,737,116 | 1,523,409 | 1,829,823 | 1,663,755 | 1,537,513 | 1,341,417 |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | -7,672,041 | -6,021,888 | -8,790,670 | -9,797,204 | 1,405,161 | 89,315,391 | 15,693,759 | -44,580,221 | 54,479,948 | 10,485,961 | 21,157,240 | 4,080,926 | 6,878,643 | 1,007,583 | 55,681,661 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 4,368,328 | 5,052,820 | -1,456,604 | -2,982,074 | 1,887,196 | 99,705,760 | 19,392,126 | -45,714,679 | 44,251,521 | -783,145 | 13,067,488 | -104,590 | 3,258,825 | -3,323,956 | 54,980,668 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | -4,617,725 | -6,197,400 | -3,768,298 | -4,087,967 | -5,044,859 | -3,144,181 | -1,691,489 | -1,999,071 | -2,412,530 | -1,983,122 | -1,883,400 | -1,612,673 | -1,458,608 | -1,562,177 | -905,360 |
cash flow from financing | -249,397 | -1,144,580 | -7,466,432 | -7,070,041 | -3,157,663 | 96,561,579 | 17,700,637 | -47,713,750 | 41,838,991 | -4,251,155 | 21,167,384 | 1,836,797 | 4,718,842 | -1,451,440 | 54,062,716 |
cash and cash equivalents | |||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
dorrington london flats limited Credit Report and Business Information
Dorrington London Flats Limited Competitor Analysis
Perform a competitor analysis for dorrington london flats limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in SW3 area or any other competitors across 12 key performance metrics.
dorrington london flats limited Ownership
DORRINGTON LONDON FLATS LIMITED group structure
Dorrington London Flats Limited has no subsidiary companies.
Ultimate parent company
QUADRIGA INTERNATIONAL LTD
#0003516
2 parents
DORRINGTON LONDON FLATS LIMITED
00335956
dorrington london flats limited directors
Dorrington London Flats Limited currently has 7 directors. The longest serving directors include Mr Manfred Gorvy (Nov 1991) and Mr Bruce Thompson (Jun 1998).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Manfred Gorvy | 86 years | Nov 1991 | - | Director | |
Mr Bruce Thompson | 60 years | Jun 1998 | - | Director | |
Mr Francesco Cirillo | England | 61 years | May 2002 | - | Director |
Mr Michael Jenkins | United Kingdom | 52 years | Feb 2021 | - | Director |
Mr Andrew Giblin | England | 46 years | Apr 2021 | - | Director |
Dr Sean Gorvy | England | 62 years | Mar 2022 | - | Director |
Mr Harry Swales | United Kingdom | 44 years | Sep 2023 | - | Director |
P&L
December 2023turnover
12.2m
+48%
operating profit
-10.4m
-421%
gross margin
33.4%
-26.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.4m
-0.85%
total assets
194.3m
-0.05%
cash
0
0%
net assets
Total assets minus all liabilities
dorrington london flats limited company details
company number
00335956
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
January 1938
age
87
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
portman estates limited (July 1998)
fabian estates limited (October 1995)
accountant
-
auditor
DELOITTE LLP
address
16 hans road, london, SW3 1RT
Bank
-
Legal Advisor
-
dorrington london flats limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 51 charges/mortgages relating to dorrington london flats limited. Currently there are 43 open charges and 8 have been satisfied in the past.
dorrington london flats limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for DORRINGTON LONDON FLATS LIMITED. This can take several minutes, an email will notify you when this has completed.
dorrington london flats limited Companies House Filings - See Documents
date | description | view/download |
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