Dorrington PLC
Registered name: DORRINGTON PLC
Part of Hanover Acceptances Limited groupDorrington PLC made £79.4m revenue and a £10.7m loss in the year to 31 Dec 2025.
Dorrington PLC’s revenue fell 13% to £79.4m in the year to 31 Dec 2025, with a loss of £10.7m and 32 employees. The company is classified under “non-trading company” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 54 yrs · since 1972
- Type
- Public Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £88.7m | £90.8m | £79.4m |
| Cost of sales | −£40.5m | −£35.8m | −£34.3m |
| Gross profit | £48.3m | £55m | £45.1m |
| Operating profit | −£50.3m | £48.6m | £11.6m |
| Profit before tax | −£80.3m | £15.6m | −£18.3m |
| Profit after tax | −£62.3m | £12.3m | −£10.7m |
| Profit (best available) | −£62.3m | £12.3m | −£10.7m |
| Employees (average) | 30 | 30 | 32 |
| Ratios | |||
| Profit margin | −70.3% | 13.6% | −13.5% |
| Gross margin | 54.4% | 60.6% | 56.8% |
| Revenue per employee | £3m | £3m | £2.5m |
| Profit per employee | −£2.1m | £411k | −£335k |
| Growth (year on year) | |||
| Revenue growth | — | ▲2.4% | ▼12.6% |
| Profit growth | — | — | ▼186.8% |
| Headcount growth | — | 0% | ▲6.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- −13.5%
- Profit ÷ revenue.
- Gross margin
- 56.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.5m
- Revenue ÷ average employees.
- Profit per employee
- −£335k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲7%
- Now 32
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Hanover Acceptances Limitedultimate parent75–100%
- Hanover Management Services Limited75–100%
- Dorrington PLCthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (9)
- Dorrington Investment Holdings PLCRev. £62.1m · Profit −£1.5m
- Dorrington Estates LimitedRev. £21.9m · Profit £4.2m
- Dorrington Deposit Bridge LimitedFigures not disclosed
- Dorrington Property Group LimitedFigures not disclosed
- Hanover Financial Services LimitedFigures not disclosed
- Lovat Pride (Mineral Water) LimitedFigures not disclosed
- Portmans (Property Consultants) LimitedFigures not disclosed
- SGMS LimitedFigures not disclosed
- Tamoa Investments LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£10.7m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.