dorrington residential limited Company Information
Company Number
00561043
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 estates limited
Group Structure
View All
Contact
Registered Address
16 hans road, london, SW3 1RT
Website
www.dorrington.co.ukdorrington residential limited Estimated Valuation
Pomanda estimates the enterprise value of DORRINGTON RESIDENTIAL LIMITED at £99.2m based on a Turnover of £20.6m and 4.82x industry multiple (adjusted for size and gross margin).
dorrington residential limited Estimated Valuation
Pomanda estimates the enterprise value of DORRINGTON RESIDENTIAL LIMITED at £116.2m based on an EBITDA of £12.2m and a 9.52x industry multiple (adjusted for size and gross margin).
dorrington residential limited Estimated Valuation
Pomanda estimates the enterprise value of DORRINGTON RESIDENTIAL LIMITED at £101.5m based on Net Assets of £59.4m and 1.71x industry multiple (adjusted for liquidity).
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Dorrington Residential Limited Overview
Dorrington Residential Limited is a live company located in london, SW3 1RT with a Companies House number of 00561043. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 1956, it's largest shareholder is dorrington estates limited with a 100% stake. Dorrington Residential Limited is a mature, large sized company, Pomanda has estimated its turnover at £20.6m with healthy growth in recent years.
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Dorrington Residential Limited Health Check
Pomanda's financial health check has awarded Dorrington Residential Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
2 Weak
Size
annual sales of £20.6m, make it larger than the average company (£1.1m)
£20.6m - Dorrington Residential Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (3.6%)
6% - Dorrington Residential Limited
3.6% - Industry AVG
Production
with a gross margin of 61.7%, this company has a comparable cost of product (70.8%)
61.7% - Dorrington Residential Limited
70.8% - Industry AVG
Profitability
an operating margin of 59.3% make it more profitable than the average company (21.5%)
59.3% - Dorrington Residential Limited
21.5% - Industry AVG
Employees
with 103 employees, this is above the industry average (4)
- Dorrington Residential Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Dorrington Residential Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £200k, this is equally as efficient (£201.3k)
- Dorrington Residential Limited
£201.3k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (33 days)
7 days - Dorrington Residential Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (35 days)
0 days - Dorrington Residential Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 1750 days, this is more than average (53 days)
1750 days - Dorrington Residential Limited
53 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Dorrington Residential Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.2%, this is a lower level of debt than the average (71.2%)
55.2% - Dorrington Residential Limited
71.2% - Industry AVG
DORRINGTON RESIDENTIAL LIMITED financials
Dorrington Residential Limited's latest turnover from December 2023 is £20.6 million and the company has net assets of £59.4 million. According to their latest financial statements, we estimate that Dorrington Residential Limited has 103 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 | 20,601,869 | 15,230,134 | 13,186,826 | 17,485,389 | 13,739,891 | 15,920,965 | 17,047,191 | 17,662,908 | 24,764,005 | 19,128,501 | 18,235,032 | 14,948,388 | 19,085,807 | 16,919,516 | 11,603,696 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 7,891,066 | 5,253,749 | 2,802,596 | 5,704,389 | 4,557,824 | 4,825,624 | 6,367,631 | 5,905,280 | 11,379,358 | 8,010,075 | 5,663,311 | 2,353,266 | 4,950,340 | 5,406,645 | 1,513,004 |
Gross Profit | 12,710,803 | 9,976,385 | 10,384,230 | 11,781,000 | 9,182,067 | 11,095,341 | 10,679,560 | 11,757,628 | 13,384,647 | 11,118,426 | 12,571,721 | 12,595,122 | 14,135,467 | 11,512,871 | 10,090,692 |
Admin Expenses | 503,007 | -1,177,826 | -5,435,189 | 66,160 | 56,031 | 647,739 | 652,359 | 574,337 | 452,384 | 509,662 | 581,145 | 512,429 | 507,406 | 466,531 | 416,773 |
Operating Profit | 12,207,796 | 11,154,211 | 15,819,419 | 11,714,840 | 9,126,036 | 10,447,602 | 10,027,201 | 11,183,291 | 12,932,263 | 10,608,764 | 11,990,576 | 12,082,693 | 13,628,061 | 11,046,340 | 9,673,919 |
Interest Payable | 3,414,227 | 1,912,675 | 1,152,478 | 1,194,813 | 1,350,784 | 1,227,994 | 1,050,839 | 1,081,590 | 915,409 | 1,101,858 | 1,133,101 | 893,187 | 878,516 | 989,579 | 621,463 |
Interest Receivable | 3,729 | 494 | 2 | 754 | 426 | 185 | 847 | 153 | 1,606 | 776 | 1,241 | 768 | 1,324 | 1,168 | 5,959 |
Pre-Tax Profit | 8,797,298 | 9,242,030 | 14,666,943 | 10,520,781 | 7,775,678 | 9,219,793 | 8,977,209 | 10,101,854 | 12,018,460 | 9,507,682 | 10,858,716 | 11,190,274 | 12,750,869 | 10,057,929 | 9,058,415 |
Tax | -2,062,051 | -1,605,379 | -6,753,215 | -1,998,949 | -1,477,379 | -1,751,761 | -1,730,985 | -2,020,371 | -2,288,420 | -2,043,060 | -2,522,485 | -2,741,311 | -3,379,761 | -2,815,225 | -2,535,319 |
Profit After Tax | 6,735,247 | 7,636,651 | 7,913,728 | 8,521,832 | 6,298,299 | 7,468,032 | 7,246,224 | 8,081,483 | 9,730,040 | 7,464,622 | 8,336,231 | 8,448,963 | 9,371,108 | 7,242,704 | 6,523,096 |
Dividends Paid | 8,000,000 | 8,000,000 | 7,500,000 | 7,000,000 | 7,000,000 | 8,000,000 | 7,000,000 | 8,500,000 | 10,000,000 | 7,500,000 | 8,500,000 | 7,500,000 | 7,500,000 | 4,000,000 | 3,500,000 |
Retained Profit | -1,264,753 | -363,349 | 413,728 | 1,521,832 | -701,701 | -531,968 | 246,224 | -418,517 | -269,960 | -35,378 | -163,769 | 948,963 | 1,871,108 | 3,242,704 | 3,023,096 |
Employee Costs | 0 | 0 | 0 | 0 | 0 | 597,520 | 595,847 | 541,066 | 420,541 | 478,451 | 549,933 | 481,219 | 476,009 | 435,821 | 387,021 |
Number Of Employees | 7 | 7 | 6 | 6 | 6 | 6 | 6 | 8 | 8 | 8 | |||||
EBITDA* | 12,207,796 | 11,154,211 | 15,819,419 | 11,714,840 | 9,126,036 | 10,447,602 | 10,027,201 | 11,183,291 | 12,932,263 | 10,608,764 | 11,990,576 | 12,082,693 | 13,628,061 | 11,046,340 | 9,673,919 |
* 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 | 92,131,253 | 92,446,253 | 90,828,755 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 587,258 | 383,039 | 236,458 | 239,375 | 269,375 | 299,375 | 163,607 | 194,457 | 43,015 | 61,365 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 92,718,511 | 92,829,292 | 91,065,213 | 239,375 | 269,375 | 299,375 | 163,607 | 194,457 | 43,015 | 61,365 | 0 | 0 | 0 | 0 | 0 |
Stock & work in progress | 37,852,729 | 43,900,295 | 47,269,525 | 72,134,593 | 69,235,907 | 67,589,390 | 65,831,466 | 64,829,433 | 63,681,704 | 57,698,074 | 56,562,723 | 51,970,009 | 48,280,793 | 48,089,934 | 49,063,555 |
Trade Debtors | 423,618 | 629,440 | 232,893 | 501,524 | 437,328 | 155,631 | 229,404 | 228,889 | 186,529 | 321,572 | 386,216 | 400,624 | 366,050 | 343,684 | 764,093 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,428,751 | 215,773 | 354,607 | 265,873 | 644,526 | 1,013,542 | 622,896 | 646,805 | 1,087,454 | 560,302 | 377,514 | 384,314 | 268,690 | 386,844 | 340,930 |
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 | 39,705,098 | 44,745,508 | 47,857,025 | 72,901,990 | 70,317,761 | 68,758,563 | 66,683,766 | 65,705,127 | 64,955,687 | 58,579,948 | 57,326,453 | 52,754,947 | 48,915,533 | 48,820,462 | 50,168,578 |
total assets | 132,423,609 | 137,574,800 | 138,922,238 | 73,141,365 | 70,587,136 | 69,057,938 | 66,847,373 | 65,899,584 | 64,998,702 | 58,641,313 | 57,326,453 | 52,754,947 | 48,915,533 | 48,820,462 | 50,168,578 |
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 | 250 | 250 | 250 | 66,101 | 913 | 1,577 | 0 | 0 | 575 | 575 | 1,645 | 16,704 | 3,125 | 1,802 | 2,202 |
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 | 988,472 | 733,877 | 1,200,970 | 727,417 | 2,016,676 | 1,519,863 | 1,331,922 | 1,022,084 | 1,868,420 | 4,257,064 | 1,014,676 | 847,554 | 716,306 | 886,801 | 675,969 |
total current liabilities | 988,722 | 734,127 | 1,201,220 | 793,518 | 2,017,589 | 1,521,440 | 1,331,922 | 1,022,084 | 1,868,995 | 4,257,639 | 1,016,321 | 864,258 | 719,431 | 888,603 | 678,171 |
loans | 56,287,079 | 60,307,770 | 60,901,937 | 57,886,464 | 55,629,996 | 53,895,246 | 51,342,231 | 50,950,504 | 48,784,194 | 39,768,201 | 37,681,000 | 33,369,683 | 34,330,445 | 35,937,310 | 40,738,562 |
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 | 3,978,281 | 3,706,386 | 0 | 0 | 0 |
provisions | 15,787,367 | 15,907,708 | 15,830,537 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 72,074,446 | 76,215,478 | 76,732,474 | 57,886,464 | 55,629,996 | 53,895,246 | 51,342,231 | 50,950,504 | 48,784,194 | 39,768,201 | 41,659,281 | 37,076,069 | 34,330,445 | 35,937,310 | 40,738,562 |
total liabilities | 73,063,168 | 76,949,605 | 77,933,694 | 58,679,982 | 57,647,585 | 55,416,686 | 52,674,153 | 51,972,588 | 50,653,189 | 44,025,840 | 42,675,602 | 37,940,327 | 35,049,876 | 36,825,913 | 41,416,733 |
net assets | 59,360,441 | 60,625,195 | 60,988,544 | 14,461,383 | 12,939,551 | 13,641,252 | 14,173,220 | 13,926,996 | 14,345,513 | 14,615,473 | 14,650,851 | 14,814,620 | 13,865,657 | 11,994,549 | 8,751,845 |
total shareholders funds | 59,360,441 | 60,625,195 | 60,988,544 | 14,461,383 | 12,939,551 | 13,641,252 | 14,173,220 | 13,926,996 | 14,345,513 | 14,615,473 | 14,650,851 | 14,814,620 | 13,865,657 | 11,994,549 | 8,751,845 |
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 | 12,207,796 | 11,154,211 | 15,819,419 | 11,714,840 | 9,126,036 | 10,447,602 | 10,027,201 | 11,183,291 | 12,932,263 | 10,608,764 | 11,990,576 | 12,082,693 | 13,628,061 | 11,046,340 | 9,673,919 |
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 | -2,062,051 | -1,605,379 | -6,753,215 | -1,998,949 | -1,477,379 | -1,751,761 | -1,730,985 | -2,020,371 | -2,288,420 | -2,043,060 | -2,522,485 | -2,741,311 | -3,379,761 | -2,815,225 | -2,535,319 |
Stock | -6,047,566 | -3,369,230 | -24,865,068 | 2,898,686 | 1,646,517 | 1,757,924 | 1,002,033 | 1,147,729 | 5,983,630 | 1,135,351 | 4,592,714 | 3,689,216 | 190,859 | -973,621 | 49,063,555 |
Debtors | 1,211,375 | 404,294 | -182,814 | -344,457 | -117,319 | 452,641 | -54,244 | -246,847 | 373,759 | 179,509 | -21,208 | 150,198 | -95,788 | -374,495 | 1,105,023 |
Creditors | 0 | 0 | -65,851 | 65,188 | -664 | 1,577 | 0 | -575 | 0 | -1,070 | -15,059 | 13,579 | 1,323 | -400 | 2,202 |
Accruals and Deferred Income | 254,595 | -467,093 | 473,553 | -1,289,259 | 496,813 | 187,941 | 309,838 | -846,336 | -2,388,644 | 3,242,388 | 167,122 | 131,248 | -170,495 | 210,832 | 675,969 |
Deferred Taxes & Provisions | -120,341 | 77,171 | 15,830,537 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 15,116,190 | 12,123,846 | 50,352,325 | 5,937,591 | 6,615,608 | 6,674,794 | 7,658,265 | 7,415,127 | 1,897,810 | 10,492,162 | 5,048,648 | 5,646,795 | 9,984,057 | 9,789,663 | -42,351,807 |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | -315,000 | 1,617,498 | 90,828,755 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | -4,020,691 | -594,167 | 3,015,473 | 2,256,468 | 1,734,750 | 2,553,015 | 391,727 | 2,166,310 | 9,015,993 | 2,087,201 | 4,311,317 | -960,762 | -1,606,865 | -4,801,252 | 40,738,562 |
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 | -3,978,281 | 271,895 | 3,706,386 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | -3,410,498 | -1,912,181 | -1,152,476 | -1,194,059 | -1,350,358 | -1,227,809 | -1,049,992 | -1,081,437 | -913,803 | -1,101,082 | -1,131,860 | -892,419 | -877,192 | -988,411 | -615,504 |
cash flow from financing | -7,431,190 | -2,506,348 | 47,976,430 | 1,062,409 | 384,392 | 1,325,206 | -658,265 | 1,084,873 | 8,102,190 | -2,992,162 | 3,451,352 | 1,853,205 | -2,484,057 | -5,789,663 | 45,851,807 |
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 residential limited Credit Report and Business Information
Dorrington Residential Limited Competitor Analysis
Perform a competitor analysis for dorrington residential limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other large companies, companies in SW3 area or any other competitors across 12 key performance metrics.
dorrington residential limited Ownership
DORRINGTON RESIDENTIAL LIMITED group structure
Dorrington Residential Limited has 2 subsidiary companies.
Ultimate parent company
DORRINGTON RESIDENTIAL LIMITED
00561043
2 subsidiaries
dorrington residential limited directors
Dorrington Residential Limited currently has 9 directors. The longest serving directors include Mr Manfred Gorvy (Nov 1991) and Mr Francesco Cirillo (Jul 2003).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Manfred Gorvy | 86 years | Nov 1991 | - | Director | |
Mr Francesco Cirillo | England | 61 years | Jul 2003 | - | 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 Bruce Thompson | England | 60 years | Mar 2022 | - | Director |
Mr Robert Harris | United Kingdom | 62 years | Mar 2022 | - | Director |
Mr Robert Harris | England | 62 years | Mar 2022 | - | Director |
Mr Harry Swales | United Kingdom | 44 years | Sep 2023 | - | Director |
P&L
December 2023turnover
20.6m
+35%
operating profit
12.2m
+9%
gross margin
61.7%
-5.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
59.4m
-0.02%
total assets
132.4m
-0.04%
cash
0
0%
net assets
Total assets minus all liabilities
dorrington residential limited company details
company number
00561043
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
February 1956
age
69
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
acre close holdings limited (March 2003)
accountant
-
auditor
DELOITTE LLP
address
16 hans road, london, SW3 1RT
Bank
-
Legal Advisor
-
dorrington residential 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 274 charges/mortgages relating to dorrington residential limited. Currently there are 253 open charges and 21 have been satisfied in the past.
dorrington residential 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.
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dorrington residential limited Companies House Filings - See Documents
date | description | view/download |
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