HOMEWISE LIMITED
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Next accounts due
2026-12-29 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-31 (in 10mo)
Last made up 2026-03-17
Watchouts
Cash
£70K
-62.8% vs 2024
Net assets
-£2M
0% vs 2024
Employees
49
-16.9% lowest in 3 filed years
Profit before tax
£80
+100% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The group continued to make profits in the financial year to 31 March 2026 with a net profit of £183k to the end of November 2025, however, following the uncertainty of the Autumn budget, the group experienced a significant volume of transactions cancelling due to chain breakdowns which is expected to cause losses for the rest of the year and has required ongoing lender support until the group can return to normal business levels.
Net assets
7-year trend · vs Real Estate median
Accounts
7-year trend · latest reflected 2025-03-31
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £13,998,835 | £14,680,026 | |
| Operating profit | — | — | — | — | — | -£589,118 | £320,258 | |
| Profit before tax | — | — | — | — | — | -£857,888 | £80 | |
| Net profit | — | — | — | — | -£1,085,530 | -£857,888 | £80 | |
| Cash | £133,134 | £66,709 | — | — | £74,375 | £188,842 | £70,306 | |
| Total assets less current liabilities | — | — | — | — | — | -£542,943 | -£768,598 | |
| Net assets | — | — | — | — | -£661,979 | -£2,363,797 | -£2,363,717 | |
| Equity | — | — | -£1,315,427 | -£2,068,238 | — | -£2,363,797 | -£2,363,717 | |
| Average employees | — | — | — | — | 63 | 59 | 49 | |
| Wages | — | — | — | — | £2,624,117 | £2,503,355 | £2,092,616 | |
| Directors' remuneration | — | — | — | — | — | £414,926 | £363,540 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+4.9%
£13,998,835 £14,680,026
-
Cash
-62.8%
£188,842 £70,306
-
Net assets
0%
-£2,363,797 -£2,363,717
-
Employees
-16.9%
59 49
lowest in 3 filed years
-
Operating profit
+154.4%
-£589,118 £320,258
-
Profit before tax
+100%
-£857,888 £80
-
Wages
-16.4%
£2,503,355 £2,092,616
lowest in 3 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | -4.2% | 2.2% | |
| Net margin | — | — | — | — | — | -6.1% | 0.0% | |
| Return on capital employed | — | — | — | — | — | 108.5% | -41.7% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 447.9% | 473.8% | |
| Current ratio | — | — | — | — | — | 0.46x | 0.39x | |
| Interest cover | — | — | — | — | — | -2.19x | 1.00x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- HOMEWISE LIMITED 2007-04-19 → present
- ECONOMIC MANAGEMENT LIMITED 2001-07-20 → 2007-04-19
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- PHH Accountancy Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The group continued to make profits in the financial year to 31 March 2026 with a net profit of £183k to the end of November 2025, however, following the uncertainty of the Autumn budget, the group experienced a significant volume of transactions cancelling due to chain breakdowns which is expected to cause losses for the rest of the year and has required ongoing lender support until the group can return to normal business levels.”
Group structure
- HOMEWISE LIMITED · parent
- Secure Sale Limited 100%
- Homewise Properties Limited 100%
Significant events
- “Following the expansion of routes to market, through additional partnerships across the country and through driving revenues from existing partnerships, the group returned to profitability.”
- “The group continued to make profits in the financial year to 31 March 2026 with a net profit of £183k to the end of November 2025, however, following the uncertainty of the Autumn budget, the group experienced a significant volume of transactions cancelling due to chain breakdowns which is expected to cause losses for the rest of the year and has required ongoing lender support until the group can return to normal business levels.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NEAL, Justin | Secretary | 2001-08-07 | — | British |
| LENHERR, Mark William | Director | 2017-12-11 | Sep 1966 | British |
| NEAL, Justin | Director | 2002-09-12 | Apr 1973 | British |
| NEAL, Mark Andrew | Director | 2002-09-12 | Jun 1968 | British |
| NEAL, Reginald Oliver Wakeley | Director | 2001-08-07 | May 1942 | British |
| NEAL, Sean | Director | 2002-09-12 | Feb 1970 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRIGHTON SECRETARY LIMITED | Corporate Nominee Secretary | 2001-07-20 | 2001-07-25 |
| BALDWIN, Russell Grahame | Director | 2015-11-12 | 2017-12-11 |
| DAY, Matthew Laurence | Director | 2016-01-18 | 2018-12-14 |
| O'DRISCOLL, Susan | Director | 2017-07-18 | 2018-12-14 |
| PAGE, David James | Director | 2019-02-08 | 2023-10-18 |
| READ, Ian Henry | Director | 2007-07-31 | 2015-11-11 |
| READER, Craig Vivian | Director | 2007-07-31 | 2015-11-11 |
| SINCLAIR, David Grant | Director | 2007-07-31 | 2009-11-09 |
| BRIGHTON DIRECTOR LIMITED | Corporate Nominee Director | 2001-07-20 | 2001-07-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Homewise Investors Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2022-08-15 | Active |
| Mr Matthew Laurence Day | Individual | Significant influence | 2016-04-06 | Ceased 2017-12-31 |
| Mr Justin Neal | Individual | Significant influence | 2016-04-06 | Active |
| Mr Mark Andrew Neal | Individual | Significant influence | 2016-04-06 | Active |
| Mr Sean Neal | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 272 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-27 | AA | accounts | Accounts with accounts type group | |
| 2026-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-18 | AA | accounts | Accounts with accounts type group | |
| 2024-06-28 | AA | accounts | Accounts with accounts type group | |
| 2024-04-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-28 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-11-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-11-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-11-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-11-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-18 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-05-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-05-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-05-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-03-30 | AA | accounts | Accounts with accounts type group | |
| 2022-10-24 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.