1. Share Prices

  2. Derwent London PLC (DLN)

2,032.00p-12.00 (-0.59%)19 Apr 2024, 18:13
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.AJ Bell logo
Jump to:

Derwent London PLC Fundamentals

Company NameDerwent London PLCLast Updated2024-04-19
IndustryREIT - OfficeSectorReal Estate
Shares in Issue112.291 mMarket Cap£2.28 bn
PE Ratio10.89Dividend per Share£0.79
Dividend Yield3.86Dividend Cover0
EPS-£4.24EPS Growth (%)0
PEG0DPS Growth (%)0.0194
Debt Ratio0.2726Debt Equity Ratio0.3612
Asset Equity Ratio1.4330Cash Equity Ratio0.0040
Quick Ratio0.1977Current Ratio0.74
Price To Book Value0.6542ROCE0

Derwent London PLC Dividends

TypeEx-DatePay DateCurrencyNet DividendYear Total
Prelim2024-04-252024-05-31GBP0.5500
Interim2023-09-072023-10-13GBP0.2450
Prelim2023-04-272023-06-02GBP0.5450
Interim2022-09-082022-10-14GBP0.2400
Prelim2022-04-282022-06-01GBP0.5350
Interim2021-09-092021-10-15GBP0.2300
Prelim2021-04-292021-06-04GBP0.5245

Derwent London PLC Company Financials

Assets202320222021
Tangible Assets£49.90 m£54.30 m£54.00 m
Intangible Assets000
Investments£35.80 m£43.90 m£51.10 m
Total Fixed Assets£4.84 bn£5.35 bn£5.73 bn
Stocks£68.90 m£41.70 m£32.60 m
Debtors£35.80 m£38.00 m£35.70 m
Cash & Equivalents£13.90 m£26.90 m£68.50 m
Other Assets000
Total Assets£5.03 bn£5.51 bn£5.91 bn
Liabilities202320222021
Creditors within 1 year£251.40 m£169.20 m£210.60 m
Creditors after 1 year£1.27 bn£1.26 bn£1.26 bn
Other Liabilities000
Total Liabilities£1.52 bn£1.43 bn£1.47 bn
Net assets£3.51 bn£4.08 bn£4.44 bn
Equity202320222021
Called up share capital£5.60 m£5.60 m£5.60 m
Share Premium£196.60 m£196.60 m£195.40 m
Profit / Loss-£475.90 m-£279.50 m£252.50 m
Other Equity£3.51 bn£4.08 bn£4.44 bn
Preference & Minorities000
Total Capital Employed£3.51 bn£4.08 bn£4.44 bn
Ratios202320222021
Debt Ratio£0.27£0.24£0.22
Debt-to-Equity£0.36£0.31£0.28
Assets / Equity1.43301.43301.4330
Cash / Equity0.00400.00400.0040
EPS-£4.22-£2.54£2.25
Cash Flow202320222021
Cash from operating activities£97.00 m£111.40 m0
Cashflow before financing£94.40 m£22.80 m0
Increase in Cash-£3.60 m-£28.90 m£17.00 m
Income202320222021
Turnover£266.00 m£249.30 m£242.20 m
Cost of sales£72.50 m£55.50 m£51.40 m
Gross Profit£193.50 m£193.80 m£190.80 m
Operating Profit-£428.90 m-£238.30 m£291.60 m
Pre-Tax profit-£475.90 m-£279.50 m£252.50 m

Derwent London PLC Company Background

SectorReal Estate
ActivitiesDerwent London PLC is a London-focused real estate investment trust. Derwent owns, manages, and refurbishes office real estate in Central London. Within this region, the majority of the company's assets are located in the districts of London's West End, such as Fitzrovia. Properties in London's Tech Belt and the City Borders also represent significant parts of the company's real estate portfolio. Derwent derives nearly all of its revenue from tenants in the form of rental income structured in mid-to-long-term leases. Office buildings in the central West End are responsible for the majority of revenue generated. Media and advertising companies, professional and business services firms, and retail head offices are all fairly evenly represented among the company's tenants.
Latest Interim Date10 Aug 2023
Latest Fiscal Year End Date28 Feb 2024

Derwent London PLC Directors

AppointedNamePosition
2023-04-13The Honourable Robert Anthony RayneNon-Executive Director,Chairman
2013-01-08Mr. Simon John NeathercoatNon-Executive Director
2015-05-15Mr. Robert A FarnesNon-Executive Director
2013-12-27Mr. John Charles IveyNon-Executive Director,Deputy Chairman
2017-05-19Mr. Stuart A CorbynNon-Executive Director
2019-04-15Mrs. June Frances de MollerNon-Executive Director
2019-05-17Mr. Stephen Gareth YoungNon-Executive Director
2022-04-12Mr. John David BurnsNon-Executive Director,Chairman
2022-04-12Mr. Simon Paul SilverExecutive Director,Head of Development
2011-03-10Mr. Donald NewellNon-Executive Director
2024-04-09Mr. Nigel Q GeorgeExecutive Director
2024-04-09Mr. Paul M WilliamsExecutive Director,Chief Executive Officer
2024-04-09Mr. Damian Mark Alan WisniewskiExecutive Director,Chief Financial Officer
2023-04-13Mr. David G SilvermanExecutive Director
2011-08-09Mr. Christopher James Odom MCT,CAExecutive Director,Finance Director
2007-03-20Mr. Nicholas Robert FriedlosExecutive Director
2024-04-09Ms. Claudia Isobel ArneyNon-Executive Director
2024-04-09Ms. Lucinda Margaret Bell Non-Executive Director
2022-04-12Mr. Simon FraserNon-Executive Director,Senior Independent Director
2024-04-09Ms. Helen GordonNon-Executive Director,Senior Independent Director
2024-04-09Mr. Mark BreuerNon-Executive Director,Chairman
2024-04-09Mr. Sanjeev SharmaNon-Executive Director
2024-04-09Ms. Emily PrideauxExecutive Director

Derwent London PLC Contact Details

Company NameDerwent London PLC
Address25 Savile Row, London, W1S 2ER
Telephone+44 2076593000
Websitehttps://www.derwentlondon.com

Derwent London PLC Advisors

AuditorPricewaterhouseCoopers LLP
Phone+44 2075835000
Fax+44 2078224652
RegistrarEquiniti Limited
StockbrokerJ.P. Morgan Cazenove Ltd
Phone+44 2077424000
Remuneration ConsultantNew Bridge Street
Phone+44 2070868000
Fax+44 2076211511
StockbrokerUBS Limited
Phone+44 2075678000
SolicitorSlaughter and May
Phone+44 2076001200
Fax+44 2070905000
BankHSBC Bank PLC
Financial PR AdviserBrunswick Group LLP
Phone+44 2074045959
Fax+44 2078312823

Receive our
daily news email

Subscribe to the latest investing news by entering your email address below

You can opt out at any time.

For five days a week you will get

  • The latest company news
  • Insight into investment trends
  • Round-up of director's buys and sells
  • Articles from Shares magazine
Sharesmagazine cover

Plus more useful investment content and occasional promotional offers.

Shares Magazine Latest Issue Cover
Latest Issue:
18 Apr 2024Subscribe now

Market Overview

UK 350 Risers and Fallers

Risers

CompanyPrice% Chg
Mondi PLC1,504.509.30
Darktrace PLC476.203.88
Energean PLC1,019.003.87
Close Brothers Group PLC453.203.09
Ashmore Group PLC184.802.44
Hochschild Mining PLC154.602.38

Fallers

CompanyPrice% Chg
Smith (Ds) PLC358.60-10.26
Man Group PLC251.00-6.55
Marshalls PLC257.50-4.10
Foresight Group Holdings Limited440.00-3.93
Dr. Martens PLC67.30-3.65
Allianz Technology Trust PLC328.50-3.10