Winkworth has reported pre-tax profits of £2.11m for 2025, down 11% from £2.36m in 2024, due to a “disappointing H2” performance driven by uncertainty about last year’s delayed Autumn Budget.
Total revenue for the year stood at £10.74m, compared with £10.79m in 2024. The firm ended the year with zero debt and a net cash balance of £3.9m, down from 2024’s £4.09m.
It also reported full year dividends of 13.2p per ordinary share, up 7% on the previous year’s 12.3p.
In January, Winkworth warned that it expected its 2025 full-year results to come in 20% below expectations, with a number of deals deferred last year due to pre-Budget economic uncertainty.
Chief executive Dominic Agace said higher demand for housing offered “some encouragement” for a busier H2 this year after a “disappointing H2 2025”, but warned that geopolitical tensions, including the Iran war, are “likely to remain sources of uncertainty”.
He added: “Last year was very much one of two halves, with an excellent H1 in sales being tempered by a weaker H2. Lettings remained stable, with progress in property management.
“While the outlook for 2026 is subject to geopolitical developments, we continue to manage the company with the interests of our customers, franchisees and shareholders at heart. We have welcomed four new offices already in 2026 and will progress further with openings and resales as the year progresses.”
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