Derwent London PLC Logo

Derwent London PLC

ISIN: GB0002652740 | Ticker: DLN | LEI: 213800BXKQ9KZNUR1M61
Country: United Kingdom

About Derwent London PLC

Company Description

Derwent London PLC is a British real estate investment trust that specializes in designing, developing, and managing office spaces and residential properties in some of the most prestigious locations in London. The company was established in 1984 and has since become a leading player in the London property market.

Derwent London is recognized for its innovative designs and attention to detail in its projects. Its buildings stand out for their unique architectural designs, which tend to incorporate both modern and traditional elements to create stunning structures that complement their respective surroundings. The company's developments also prioritize sustainability, with eco-friendly building materials and features used throughout.

Year founded

1984

Served area

United Kingdom

Headquarters

25 Savile Row, W1S 2ER London – United Kingdom

Financial statements

Download as Excel
Line item in (gbp) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A 5,531,400,000.00 5,909,600,000.00 5,509,400,000.00
Noncurrent Assets N/A 5,226,600,000.00 5,627,700,000.00 5,294,500,000.00
Property Plant And Equipment N/A 50,200,000.00 54,000,000.00 54,300,000.00
Investment Property N/A 5,029,100,000.00 5,361,200,000.00 5,002,000,000.00
Investment Accounted For Using Equity Method N/A 900,000.00 51,100,000.00 43,900,000.00
Other Noncurrent Receivables N/A 146,400,000.00 159,300,000.00 188,100,000.00
Deferred Tax Assets N/A 0.00 300,000.00 0.00
Noncurrent Recognised Assets Defined Benefit Plan N/A 0.00 1,800,000.00 1,200,000.00
Noncurrent Derivative Financial Assets N/A N/A 0.00 5,000,000.00
Current Assets N/A 139,800,000.00 179,100,000.00 160,700,000.00
Trade And Other Current Receivables N/A 76,200,000.00 41,000,000.00 42,400,000.00
Current Tax Assets Current N/A 0.00 0.00 N/A
Cash and cash equivalents 54,500,000.00 88,500,000.00 105,500,000.00 76,600,000.00
Noncurrent Assets Or Disposal Groups Classified As Held For Sale N/A 165,000,000.00 102,800,000.00 54,200,000.00
Equity 4,476,900,000.00 4,315,100,000.00 4,441,800,000.00 4,075,500,000.00
Issued Capital N/A 5,600,000.00 5,600,000.00 5,600,000.00
Retained Earnings N/A 3,124,500,000.00 3,299,700,000.00 2,931,400,000.00
Share Premium N/A 193,700,000.00 195,400,000.00 196,600,000.00
Other Reserves N/A 939,400,000.00 941,100,000.00 941,900,000.00
Equity Attributable To Owners Of Parent N/A 4,263,200,000.00 4,441,800,000.00 N/A
Noncontrolling Interests N/A 51,900,000.00 0.00 N/A
Liabilities N/A 1,216,300,000.00 1,467,800,000.00 1,433,900,000.00
Noncurrent Liabilities N/A 1,108,500,000.00 1,257,200,000.00 1,264,700,000.00
Noncurrent Provisions N/A 400,000.00 300,000.00 200,000.00
Deferred Tax Liabilities N/A 500,000.00 0.00 600,000.00
Noncurrent Recognised Liabilities Defined Benefit Plan N/A 2,200,000.00 0.00 N/A
Noncurrent Derivative Financial Liabilities N/A 5,600,000.00 400,000.00 0.00
Longterm Borrowings N/A 1,033,200,000.00 1,237,100,000.00 1,229,400,000.00
Current Liabilities N/A 107,800,000.00 210,600,000.00 169,200,000.00
Current Provisions N/A 600,000.00 300,000.00 0.00
Trade And Other Current Payables N/A 106,700,000.00 145,900,000.00 148,100,000.00
Current Tax Liabilities Current N/A 500,000.00 500,000.00 900,000.00
Current Derivative Financial Liabilities N/A 0.00 400,000.00 0.00
Line item in (gbp) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Profit Loss From Operating Activities -49,200,000.00 291,600,000.00 -238,300,000.00
Finance Income 200,000.00 0.00 300,000.00
Finance Costs 30,300,000.00 28,100,000.00 39,700,000.00
Profit Loss Before Tax -83,000,000.00 252,500,000.00 -279,500,000.00
Income Tax Expense Continuing Operations -1,600,000.00 -1,300,000.00 1,000,000.00
Profit (loss) -81,400,000.00 253,800,000.00 -280,500,000.00
Profit Loss Attributable To Owners Of Parent -77,600,000.00 252,300,000.00 -280,500,000.00
Profit Loss Attributable To Noncontrolling Interests -3,800,000.00 1,500,000.00 0.00
Line item in (gbp) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A -81,400,000.00 253,800,000.00 -280,500,000.00
Interest Paid Classified As Operating Activities N/A 25,400,000.00 21,900,000.00 33,700,000.00
Interest Received Classified As Operating Activities N/A 200,000.00 0.00 300,000.00
Cash Flows From Used In Operating Activities N/A 115,900,000.00 128,900,000.00 111,400,000.00
Other Cash Receipts From Sales Of Interests In Joint Ventures Classified As Investing Activities N/A 400,000.00 0.00 N/A
Other Cash Payments To Acquire Interests In Joint Ventures Classified As Investing Activities N/A 0.00 64,100,000.00 300,000.00
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities N/A 0.00 200,000.00 0.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 400,000.00 1,600,000.00 2,000,000.00
Proceeds From Other Longterm Assets Classified As Investing Activities N/A 0.00 0.00 0.00
Cash Flows From Used In Investing Activities N/A -92,500,000.00 -186,600,000.00 -51,700,000.00
Proceeds From Issuing Shares N/A 600,000.00 1,800,000.00 1,200,000.00
Proceeds From Borrowings Classified As Financing Activities N/A 0.00 12,300,000.00 7,400,000.00
Repayments Of Borrowings Classified As Financing Activities N/A 0.00 28,000,000.00 0.00
Dividends Paid Classified As Financing Activities N/A 81,800,000.00 84,300,000.00 86,800,000.00
Cash Flows From Used In Financing Activities N/A -27,200,000.00 74,700,000.00 -88,600,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A -3,800,000.00 17,000,000.00 -28,900,000.00
Cash and cash equivalents 54,500,000.00 88,500,000.00 105,500,000.00 76,600,000.00

Please note that some sums might not add up.

Filings & Publications

2021

Report
Q1
H1
Q3
FY
Consolidated Report
ENG
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

Insider Trades

Sign up and we will give you access!

Short Interest


Current short interest

Position Holder Short Interest in Percent Date
Qube Research & Technologies Limited 0.64% 11.03.24
Qube Research & Technologies Limited 0.72% 15.03.24
Qube Research & Technologies Limited 0.50% 07.12.23
Qube Research & Technologies Limited 0.50% 14.12.23
Qube Research & Technologies Limited 0.52% 05.03.24
Qube Research & Technologies Limited 0.83% 03.05.24
Qube Research & Technologies Limited 0.91% 16.05.24
Total 4.62%

Capital markets information

ISIN

GB0002652740

LEI

213800BXKQ9KZNUR1M61

Sector

Real Estate

Industry Group

Equity Real Estate Investment Trusts (REITs)

Industry

Residential REITs

Sub-Industry

Single-Family Residential REITs

Listed Stock Exchange

London Stock Exchange

Stock Index

FTSE 250

Main Stock Exchange

Contact Investor Relations department

Stay up to date

Keep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.