Downer & Co (lettings) Limited

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downer & co (lettings) limited Company Information

Company Number

03860206

Next Accounts

May 2025

Directors

Simon Downer

Lee Fenn-Tripp

Shareholders

simon david downer

lee fenn-tripp

Group Structure

View All

Industry

Real estate agencies

Registered Address

the old butchery, high street, twyford, hampshire, SO21 1NH

Website

www.downer.co.uk

downer & co (lettings) limited Estimated Valuation

£800.9k

Pomanda estimates the enterprise value of DOWNER & CO (LETTINGS) LIMITED at £800.9k based on an EBITDA of £112.8k and a 7.1x industry multiple (adjusted for size and gross margin).

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Downer & Co (lettings) Limited is a live company located in twyford, SO21 1NH with a Companies House number of 03860206. It operates in the real estate agencies sector, SIC Code 68310. Founded in October 1999, it's largest shareholder is simon david downer with a 80% stake. Downer & Co (lettings) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £329k with healthy growth in recent years.

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Pomanda's financial health check has awarded Downer & Co (Lettings) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

5 Strong

3 Regular

3 Weak

Size

annual sales of £329k, make it smaller than the average company (£624.1k)

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (4.2%)

EXPORT

Downer & Co (Lettings) Limited's latest turnover from August 2023 is estimated at £329 thousand and the company has net assets of £286 thousand. According to their latest financial statements, Downer & Co (Lettings) Limited has 8 employees and maintains cash reserves of £373.9 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Turnover	329,037	315,201	311,520	292,454	327,432	362,841	311,280	315,921	165,280	114,898	804,112	643,116	26,289	39,537
Other Income Or Grants
Cost Of Sales	42,474	24,879	26,889	36,916	50,592	46,564	25,308	39,940	19,333	14,191	112,290	111,177	3,756	6,976
Gross Profit	286,563	290,322	284,631	255,539	276,840	316,277	285,973	275,980	145,946	100,707	691,822	531,939	22,533	32,561
Admin Expenses	200,196	268,321	229,003	150,244	234,111	284,876	324,036	239,298	85,047	160,675	704,628	534,245	19,421	49,353	-82,507
Operating Profit	86,367	22,001	55,628	105,295	42,729	31,401	-38,063	36,682	60,899	-59,968	-12,806	-2,306	3,112	-16,792	82,507
Interest Payable	2,321			668	2,242	3,714	4,028	3,856	1,950	1,625	1,625
Interest Receivable	16,880	4,546	248	199	1,032	840	251	408	992	729	427	348	461	485	249
Pre-Tax Profit	100,925	26,547	55,877	104,826	41,519	28,527	-41,840	33,234	59,941	-60,864	-14,004	-1,958	3,573	-16,307	82,756
Tax	-25,231	-5,044	-10,617	-19,917	-7,889	-5,420		-6,647	-11,988				-929		-23,172
Profit After Tax	75,694	21,503	45,260	84,909	33,630	23,107	-41,840	26,587	47,953	-60,864	-14,004	-1,958	2,644	-16,307	59,584
Dividends Paid
Retained Profit	75,694	21,503	45,260	84,909	33,630	23,107	-41,840	26,587	47,953	-60,864	-14,004	-1,958	2,644	-16,307	59,584
Employee Costs	316,062	325,935	322,393	308,722	357,823	325,356	321,591	331,093	114,749	75,135	438,332	360,876	34,404	34,490
Number Of Employees	8	8	9	8	9	9	9	9	3	2	13	11	1	1
EBITDA*	112,794	32,488	86,976	143,326	80,812	69,732	43,245	66,094	78,025	17,961	64,767	1,657	5,687	-14,301	87,133

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Tangible Assets	6,344	9,452	9,861	8,683	9,096	11,028	13,611	9,446	10,510	14,514	10,371	15,576	7,917	4,201	2,966
Intangible Assets	47,066	7,557	13,233	23,834	59,582	95,330	131,078	209,726		11,889	81,741	151,591
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	53,410	17,009	23,094	32,517	68,678	106,358	144,689	219,172	10,510	26,403	92,112	167,167	7,917	4,201	2,966
Stock & work in progress
Trade Debtors	2,326	455	270	338	623	14,917	308	258	13,880	8,597	70,945	59,470	1,915	3,108	3,993
Group Debtors
Misc Debtors	16,542	16,303	16,255	9,324	9,936		15,218	9,023
Cash	373,863	269,174	250,345	245,833	151,631	123,484	100,448	100,295	226,482	170,347	121,418	49,386	89,775	94,505	99,416
misc current assets
total current assets	392,731	285,932	266,870	255,495	162,190	138,401	115,974	109,576	240,362	178,944	192,363	108,856	91,690	97,613	103,409
total assets	446,141	302,941	289,964	288,012	230,868	244,759	260,663	328,748	250,872	205,347	284,475	276,023	99,607	101,814	106,375
Bank overdraft
Bank loan
Trade Creditors	10,426	12,259	16,369	14,686	18,457	20,120	15,867	12,818	173,724	186,251	204,515	232,059	53,685	58,536
Group/Directors Accounts				17,500	66,000	85,257	97,588	139,558
other short term finances	1,270				21,892	24,542
hp & lease commitments
other current liabilities	107,284	79,010	83,460	111,318	64,961	68,667	78,274	67,402
total current liabilities	118,980	91,269	99,829	143,504	171,310	198,586	191,729	219,778	173,724	186,251	204,515	232,059	53,685	58,536
loans	40,000					20,000	65,500	63,400	60,000		50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities										50,000					46,790
provisions	1,138	1,343	1,309	942	901	1,146	1,514	1,810
total long term liabilities	41,138	1,343	1,309	942	901	21,146	67,014	65,210	60,000	50,000	50,000				46,790
total liabilities	160,118	92,612	101,138	144,446	172,211	219,732	258,743	284,988	233,724	236,251	254,515	232,059	53,685	58,536	46,790
net assets	286,023	210,329	188,826	143,566	58,657	25,027	1,920	43,760	17,148	-30,904	29,960	43,964	45,922	43,278	59,585
total shareholders funds	286,023	210,329	188,826	143,566	58,657	25,027	1,920	43,760	17,148	-30,904	29,960	43,964	45,922	43,278	59,585

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Operating Activities
Operating Profit	86,367	22,001	55,628	105,295	42,729	31,401	-38,063	36,682	60,899	-59,968	-12,806	-2,306	3,112	-16,792	82,507
Depreciation	3,371	4,811	3,730	2,283	2,335	2,583	2,660	3,196	5,237	8,077	7,723	3,963	2,575	2,491	4,626
Amortisation	23,056	5,676	27,618	35,748	35,748	35,748	78,648	26,216	11,889	69,852	69,850
Tax	-25,231	-5,044	-10,617	-19,917	-7,889	-5,420		-6,647	-11,988				-929		-23,172
Stock
Debtors	2,110	233	6,863	-897	-4,358	-609	6,245	-4,599	5,283	-62,348	11,475	57,555	-1,193	-885	3,993
Creditors	-1,833	-4,110	1,683	-3,771	-1,663	4,253	3,049	-160,906	-12,527	-18,264	-27,544	178,374	-4,851	58,536
Accruals and Deferred Income	28,274	-4,450	-27,858	46,357	-3,706	-9,607	10,872	67,402
Deferred Taxes & Provisions	-205	34	367	41	-245	-368	-296	1,810
Cash flow from operations	111,689	18,685	43,688	166,933	71,667	59,199	50,625	-27,648	48,227	62,045	25,748	122,476	1,100	45,120	59,968
Investing Activities
capital expenditure	-62,828	-4,402	-21,925	-1,870	-403		-6,825	-238,074	-1,233	-12,220	-2,518	-163,213	-6,291	-3,726	-7,592
Change in Investments
cash flow from investments	-62,828	-4,402	-21,925	-1,870	-403		-6,825	-238,074	-1,233	-12,220	-2,518	-163,213	-6,291	-3,726	-7,592
Financing Activities
Bank loans
Group/Directors Accounts			-17,500	-48,500	-19,257	-12,331	-41,970	139,558
Other Short Term Loans	1,270			-21,892	-2,650	24,542
Long term loans	40,000				-20,000	-45,500	2,100	3,400	60,000	-50,000	50,000
Hire Purchase and Lease Commitments
other long term liabilities									-50,000	50,000				-46,790	46,790
share issue								25	99						1
interest	14,559	4,546	248	-469	-1,210	-2,874	-3,777	-3,448	-958	-896	-1,198	348	461	485	249
cash flow from financing	55,829	4,546	-17,252	-70,861	-43,117	-36,163	-43,647	139,535	9,141	-896	48,802	348	461	-46,305	47,040
cash and cash equivalents
cash	104,689	18,829	4,512	94,202	28,147	23,036	153	-126,187	56,135	48,929	72,032	-40,389	-4,730	-4,911	99,416
overdraft
change in cash	104,689	18,829	4,512	94,202	28,147	23,036	153	-126,187	56,135	48,929	72,032	-40,389	-4,730	-4,911	99,416

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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DOWNER & CO (LETTINGS) LIMITED group structure

Downer & Co (Lettings) Limited has no subsidiary companies.

Ultimate parent company

DOWNER & CO (LETTINGS) LIMITED

03860206

DOWNER & CO (LETTINGS) LIMITED Shareholders

simon david downer	80%
lee fenn-tripp	20%

Downer & Co (Lettings) Limited currently has 2 directors. The longest serving directors include Mr Simon Downer (Oct 1999) and Mr Lee Fenn-Tripp (Jun 2008).

officer	country	age	start	end	role
Mr Simon Downer		77 years	Oct 1999	-	Director
Mr Lee Fenn-Tripp	United Kingdom	44 years	Jun 2008	-	Director

P&L

August 2023

turnover

329k

+4%

operating profit

86.4k

gross margin

87.1%

-5.45%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2023

net assets

286k

+0.36%

total assets

446.1k

+0.47%

cash

373.9k

+0.39%

net assets

Total assets minus all liabilities

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company number

03860206

Type

Private limited with Share Capital

industry

68310 - Real estate agencies

incorporation date

October 1999

ultimate parent company

None

previous names

seller's pack limited (November 2005)

address

the old butchery, high street, twyford, hampshire, SO21 1NH

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 2 charges/mortgages relating to downer & co (lettings) limited. Currently there are 2 open charges and 0 have been satisfied in the past.

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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downer & co (lettings) limited Company Information

downer & co (lettings) limited Estimated Valuation

downer & co (lettings) limited Estimated Valuation

downer & co (lettings) limited Estimated Valuation

Downer & Co (lettings) Limited Overview

Downer & Co (lettings) Limited Health Check

DOWNER & CO (LETTINGS) LIMITED financials

downer & co (lettings) limited Credit Report and Business Information

Downer & Co (lettings) Limited Competitor Analysis

downer & co (lettings) limited Ownership

downer & co (lettings) limited directors

downer & co (lettings) limited company details

downer & co (lettings) limited Charges & Mortgages

downer & co (lettings) limited Capital Raised & Share Issues BETA

downer & co (lettings) limited Companies House Filings - See Documents