Riverdale Developments Limited
Development of building projects · Morden
ActiveUnited KingdomIncorporated 2004Private Limited Company
Financial position
Accounts to 2026-03-31 · GBP · Company accounts
Net assets
£24,011,068
Cash
£19,350,425
Turnover
£17,642,844
Profit / loss
£255,964
Current assets
£106,155,994
Creditors < 1 year
£82,406,563
Equity
£24,011,068
Average employees
13
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2026-03-31Company · AI-read | 2025-03-31Company · AI-read | 2018-03-3112 months | 2017-03-3112 months | 2016-03-3112 months |
|---|---|---|---|---|---|
| Balance sheet | |||||
| Net assets | £24,011,068 | £23,755,104 | £7,438,065 | £6,251,834 | — |
| Equity | £24,011,068 | £23,755,104 | £7,438,065 | £6,251,834 | £3,666,843 |
| Share capital | £1,000,000 | £1,000,000 | — | — | — |
| Retained earnings | £23,011,068 | £22,755,104 | — | — | — |
| Assets | |||||
| Fixed assets | £261,637 | £261,637 | — | — | — |
| Property, plant & equipment | £261,637 | £261,637 | £268,058 | £279,350 | £291,500 |
| Current assets | £106,155,994 | £74,866,427 | £37,595,270 | £32,483,059 | — |
| Cash at bank | £19,350,425 | £15,656,420 | £5,250,156 | £2,286,797 | £3,435,356 |
| Debtors | £566,648 | £1,340,530 | — | — | — |
| Stock | £86,238,921 | £57,869,477 | £32,197,284 | £29,139,265 | £18,576,851 |
| Liabilities | |||||
| Creditors within one year | £82,406,563 | £51,372,960 | — | — | — |
| Net current assets | £23,749,431 | £23,493,467 | £7,170,007 | £6,035,669 | — |
| Assets less current liabilities | — | — | £7,438,065 | £6,315,019 | — |
| Profit & loss | |||||
| Turnover | £17,642,844 | £25,950,268 | £28,920,740 | £24,760,918 | £14,584,035 |
| Cost of sales | £15,417,280 | £22,716,491 | — | — | — |
| Gross profit | £2,225,564 | £3,233,777 | — | — | — |
| Administrative expenses | £1,892,791 | £1,586,615 | — | — | — |
| Operating profit | £332,773 | £1,647,162 | £1,466,214 | £3,268,088 | £1,843,647 |
| Interest receivable | £32,717 | £689 | — | — | — |
| Profit before tax | £365,490 | £1,647,851 | — | — | — |
| Tax | £109,526 | £421,057 | — | — | — |
| Profit / loss | £255,964 | £1,226,794 | £1,186,231 | £2,584,991 | £1,448,595 |
| Operating costs | |||||
| Audit fees | £14,000 | £14,000 | — | — | — |
| People & pay | |||||
| Average employees | 13 | 13 | 16 | 16 | 10 |
| Staff costs | £1,511,667 | £1,198,417 | — | — | — |
| Wages & salaries | £1,241,453 | £1,019,114 | — | — | — |
| Social security costs | £211,962 | £126,438 | — | — | — |
| Pension costs | £58,252 | £52,865 | — | — | — |
| Directors' remuneration | £394,524 | £328,560 | — | — | — |
| Highest paid director | £214,980 | £199,485 | — | — | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing |
From the accounts
What the accounts for 2026-03-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The company is a residential property developer and its website address is www.riverdaledevelopments.co.uk.
- What it does
- residential property development · house building · residential developments · new homes (AI keywords)
- The year
- The company continued to be profitable, albeit with reduced profit margins, it continued to increase its land bank and new homes developments in progress which increased to £86.2 million, and its balance sheet continued to grow, as our key performance indicators above show. Our sales and units sold were down in the year to March 2026, in line with the reduced activity in the housing sector generally, which was linked to the lack of affordability, consumer confidence, geo-political issues and economic uncertainties.
- Outlook
- We expect activity levels to remain subdued through to March 2027, reflecting ongoing weakness in the housing sector. Despite these market conditions, our financial strength enables us to remain focused on expanding our already substantial land bank, and we are constantly looking to acquire sites selectively where they offer the right combination of location, quality and value.
- Auditor
- Sumer Auditco Limited · senior statutory auditor Andrew Hill
- Audit opinion
- Clean (unmodified)
- Ultimate parent
- OHOB Holdings Limited
- Ultimate controlling party
- OHOB Holdings Limited
- Accounts
- FRS 102
- Approved
- 2026-07-28, signed by T F O'Brien, L P O'Brien Smith
Borrowings (1)
- Amounts owed to group undertakings · 77,587,199 · interest free · payable on demand · secured on unsecured
Share classes (1)
- 1,000,000 Ordinary of £1
Principal risks (8)
- Availability, pricing and delivery of residential developments
- Time and funding
- Securing timely and sufficient planning consent
- Economic environment
- Health and safety risk
- Our management team
- Quality workmanship
- Cyber security
Events after the year end (1)
- There were no events since the year end which materially affected the company.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesAll Assets · created 2017-08-11
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OutstandingShow 42 satisfied / released
Property · created 2019-11-19 · satisfied 2025-04-03
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SatisfiedFixed · created 2016-03-31 · satisfied 2017-07-26
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SatisfiedFixed · created 2015-10-07 · satisfied 2017-07-26
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SatisfiedAll Assets · created 2015-09-18 · satisfied 2017-07-26
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SatisfiedAll Assets · created 2014-10-07 · satisfied 2017-07-26
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SatisfiedFixed · created 2014-09-05 · satisfied 2017-07-26
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SatisfiedFixed · created 2014-01-24 · satisfied 2017-07-26
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SatisfiedProperty · created 2014-01-24 · satisfied 2017-07-26
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SatisfiedFixed · created 2013-07-19 · satisfied 2017-07-26
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SatisfiedProperty · created 2012-11-08 · satisfied 2017-07-26
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SatisfiedProperty · created 2012-08-09 · satisfied 2017-07-26
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SatisfiedProperty · created 2012-08-09 · satisfied 2017-07-26
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SatisfiedProperty · created 2012-05-23 · satisfied 2017-07-26
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SatisfiedProperty · created 2012-03-05 · satisfied 2017-07-26
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SatisfiedAll Assets · created 2011-09-20 · satisfied 2017-07-26
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SatisfiedUnknown · created 2011-06-24 · satisfied 2017-07-26
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SatisfiedProperty · created 2011-05-20 · satisfied 2017-07-26
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SatisfiedUnknown · created 2010-12-22 · satisfied 2017-07-26
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SatisfiedUnknown · created 2010-12-22 · satisfied 2017-07-26
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SatisfiedUnknown · created 2010-06-30 · satisfied 2017-07-26
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SatisfiedFixed · created 2008-07-24 · satisfied 2011-01-05
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SatisfiedFloating · created 2008-07-04 · satisfied 2011-01-05
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SatisfiedFloating · created 2008-06-05 · satisfied 2011-01-05
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SatisfiedFloating · created 2008-01-18 · satisfied 2017-07-26
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SatisfiedFloating · created 2007-12-13 · satisfied 2017-07-26
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SatisfiedFloating · created 2007-11-23 · satisfied 2011-04-05
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SatisfiedFloating · created 2007-09-04 · satisfied 2017-07-26
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SatisfiedFloating · created 2007-06-29 · satisfied 2017-07-26
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SatisfiedFloating · created 2007-03-19 · satisfied 2017-07-26
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SatisfiedFloating · created 2007-02-16 · satisfied 2017-07-26
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SatisfiedFloating · created 2007-01-26 · satisfied 2017-07-26
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SatisfiedFloating · created 2007-01-05 · satisfied 2017-07-26
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SatisfiedFloating · created 2007-01-05 · satisfied 2017-07-26
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SatisfiedFloating · created 2006-12-04 · satisfied 2017-07-26
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SatisfiedFloating · created 2006-12-04 · satisfied 2017-07-26
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SatisfiedFloating · created 2006-12-04 · satisfied 2017-07-26
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SatisfiedFloating · created 2006-09-22 · satisfied 2017-07-26
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SatisfiedFloating · created 2006-09-22 · satisfied 2017-07-26
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SatisfiedFloating · created 2006-06-16 · satisfied 2017-07-26
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SatisfiedAll Assets · created 2006-03-31 · satisfied 2007-01-25
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SatisfiedFloating · created 2005-09-30 · satisfied 2017-07-26
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SatisfiedFloating · created 2005-04-29 · satisfied 2017-07-26
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Satisfied