DERWENT VALLEY LONDON LIMITED
Get an alert when DERWENT VALLEY LONDON LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£3.6m
-9.9% lowest in 3 filed years
Net assets
£254m
-14.5% lowest in 3 filed years
Employees
0
Average over period
Profit before tax
-£18m
-527.3% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
Based on this understanding, the Directors believe that it remains appropriate to prepare the financial statements on a going concern basis notwithstanding the net current liabilities on the Company's balance sheet.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Real Estate median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £33,741,758 | £34,297,651 | £33,817,006 | -1.4% | |
| Operating profit | -£56,637,262 | £13,166,498 | -£8,586,392 | -165.2% | |
| Profit before tax | -£64,167,864 | £4,213,936 | -£18,006,320 | -527.3% | |
| Net profit | -£64,167,864 | £4,213,936 | -£18,006,320 | -527.3% | |
| Cash | £5,119,842 | £4,014,208 | £3,616,291 | -9.9% | |
| Total assets less current liabilities | — | £299,491,123 | £256,484,735 | -14.4% | |
| Net assets | £292,636,843 | £296,850,779 | £253,844,459 | -14.5% | |
| Equity | £292,636,843 | £296,850,779 | £253,844,459 | -14.5% | |
| Average employees | 0 | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -167.9% | 38.4% | -25.4% | |
| Net margin | -190.2% | 12.3% | -53.2% | |
| Return on capital employed | — | 4.4% | -3.3% | |
| Gearing (liabilities / total assets) | 46.8% | 45.0% | 49.5% | |
| Current ratio | 0.04x | 0.04x | 0.04x | |
| Interest cover | -7.52x | 1.47x | -0.91x |
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.
Name history
Renamed 1 time since incorporation
- DERWENT VALLEY LONDON LIMITED 2002-07-01 → present
- WILMAR ESTATES LIMITED 1928-03-31 → 2002-07-01
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Based on this understanding, the Directors believe that it remains appropriate to prepare the financial statements on a going concern basis notwithstanding the net current liabilities on the Company's balance sheet.”
Group structure
- DERWENT VALLEY LONDON LIMITED · parent
- Derwent London BSP Limited 100%
- Derwent London 50 Baker Street Limited 100%
Significant events
- “In June 2025, the Group issued a £250m unsecured 5.25% bond and extended its £450m revolving credit facility in July.”
- “In January 2026, the Group's £82.5m unsecured term loan, originally due to mature in February 2027, was extended by one year to February 2028.”
- “Additionally, in 2026, £55m of US private placement notes and £175m 6.5% secured bonds were repaid by the Group in February 2026 and March 2026 respectively.”
- “In October 2024, the Company acquired the remaining 50% interest in Derwent Lazari Baker Street GP Limited from Lazari Investments Limited for £1.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LAWLER, David Andrew | Secretary | 2017-10-02 | — | — |
| GEORGE, Nigel Quentin | Director | 1998-06-01 | May 1963 | British |
| PRIDEAUX, Emily Joanna | Director | 2021-03-01 | Sep 1979 | British |
| WILLIAMS, Paul Malcolm | Director | 1998-06-01 | Mar 1960 | British |
| WISNIEWSKI, Damian Mark Alan | Director | 2010-02-01 | Jun 1961 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DIXON, John Ernest | Secretary | — | 1996-09-11 |
| KITE, Timothy James | Secretary | 1996-09-11 | 2017-10-02 |
| BURNS, John David | Director | — | 2019-05-17 |
| DIXON, John Ernest | Director | — | 1997-10-31 |
| FRIEDLOS, Nicholas Robert | Director | 2007-02-01 | 2007-07-18 |
| ODOM, Christopher James | Director | — | 2010-02-01 |
| SILVER, Simon Paul | Director | — | 2021-02-26 |
| SILVERMAN, David Gary | Director | 2008-06-16 | 2022-04-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Derwent London Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 167 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-04-09 RESOLUTIONS Resolution
- 2022-04-09 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-15 | AA | accounts | Accounts with accounts type full | |
| 2026-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-04 | AA | accounts | Accounts with accounts type full | |
| 2025-04-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-10 | AA | accounts | Accounts with accounts type full | |
| 2024-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-19 | AA | accounts | Accounts with accounts type full | |
| 2023-04-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-09 | CH01 | officers | Change person director company with change date | |
| 2023-02-09 | CH01 | officers | Change person director company with change date | |
| 2022-09-30 | AA | accounts | Accounts with accounts type full | |
| 2022-04-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-14 | TM01 | officers | Termination director company with name termination date | |
| 2022-04-09 | RESOLUTIONS | resolution | Resolution | |
| 2022-04-09 | MA | incorporation | Memorandum articles | |
| 2021-09-27 | AA | accounts | Accounts with accounts type full | |
| 2021-06-04 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-04-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-05 | AP01 | officers | Appoint person director company with name date | |
| 2021-03-01 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.