London estate agency Dexters has reported revenue of £247m for the year ended 30 September 2025, an 11% increase from the previous year, with profits rising 10% to £52m, according to the company’s latest accounts.
The firm attributed 9% of revenue growth to organic expansion, with the remainder generated through acquisitions, including east London agency Keatons. The company maintained a profit margin of 21%, consistent with the prior year.
Revenue breakdown
Lettings generated £161m, representing 65% of total revenue and marking a 9% year-on-year increase. Residential sales revenue climbed 17% to £80m, while other income remained unchanged at £6m.
The agency completed more than 30,000 sales and lettings transactions during the period and arranged up to 60,000 property viewings per month.
Expansion and workforce
Dexters expanded its presence from 171 to 176 offices across London, opening branches in Canada Water, Greenwich, Kennington, Queen’s Park and Surbiton during the financial year. The company has stated plans to open six additional offices in the current financial year as part of an ambition to double revenue over the next five years.
Staff numbers increased to 2,414 full-time employees from 2,189 the previous year. The company operates an in-house training programme, the Dexters Academy, established in 2017. Since inception, 587 employees have completed industry apprenticeship qualifications, with 300 currently enrolled. More than 400 staff hold Propertymark qualifications and 115 are members of the Royal Institution of Chartered Surveyors.
According to the company, 90% of its managers began their careers as trainees within the business.
Leadership
Founded in 1993, Dexters is currently led by chief executive Ash Kashyap and chaired by Justin King. The results reflect continued demand for residential property across the capital in both sales and lettings markets.
